There is a constant stream of Cryptocurrency scams on the internet right now. Scammers never seem to grow tired of the word ”Bitcoin”. They are willing to do all it takes to fleece you of your hard-earned money, and they are doing it through phony money-making opportunities like Bitcoin Method.
They have mastered the art of deception. Automated trading, when combined with Bitcoin investments seem to be the sweet spot. When you combine these two, the story is complete. You just need to talk about something that very few people understand, then automate the thing that helps ”people make money” and they will beg you for a piece of the pie.
Bitcoin Method (Bitcoinmethod.co) is one of those unbelievable websites where visitors are made to believe that a gem lies somewhere, and that this website has the keys to that gem.
We subscribed to Bitcoin Method, and was introduced to some people called Tiff and Dya. They were supposedly going to send us the ultimate Bitcoin investment product which would guarantee a daily profit of 1%.
The system is supposed to be automated, meaning that profits are supposed to be made on autopilot. There is even talks of compounding investments so that we may continue earning even more money.
To top it off, the website encourages us to spread the word out there so that many people can join. It’s sort of an affiliate program where more people are encouraged to join in order to benefit the founder.
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It’s perfectly normal for people to expect paying a premium price for a good trading product. You can’t say that you are offering a good trading product for free, unless there’s a catch which you don’t want people to discover earlier on.
So what’s the catch?
To answer that question, we summon you to continue reading the rest of this review on Bitcoin Method.
The catch is this: when you sign up for free (as they put it), you will be redirected to a broker’s website where you’ll be required to deposit some money in the name of funding a trading account.
When you’re done, you will be required to follow the instructions given to you in the Bitcoin Method website. These instructions are supposed to teach you how you can make 1% daily return on investments. The average return on investment per year is 150%. That’s according to Bitcoin Method website.
First thing you need to realize is that these promises are unrealistic. They are nonsensical as no Bitcoin investor has ever made a 1% return on investment on a consistent basis.
The reason why Bitcoin Method website is telling its visitors that their system is guarantying this income is because they want people to sign up with their partner, USI-Tech.
Usi-Tech has a shady history. There are a lot of things that have been going on with this website. In fact, a simple Google search can reveal what people have been saying about them.
But for purposes of reinforcement, we will discuss a few things about USI Tech in relation to Bitcoin Method.
While Bitcoin Method is just an independent promoter, USI Tech acts as a broker and at the same time a trading software developer. They claim that since they are developing cutting-edge trading application for Forex and Bitcoin, small traders too can participate because these robots are automated.
The company initially claimed that it took them 7 good years to developer such a trading application. This is due to the complexities of the Forex market. Today, the company is giving out the trading software. This software was allegedly tested several times, and that in every instance, it proved to be profitable.
According to Bitcoin Method, this automated system makes 1% every day, 5 days a week. But now that Bitcoin has been introduced into the picture, the prospects of trading 7 days a week is real. So you can allegedly make more money in a very short period of time.
The company claims that they are registered in Dubai. But when we check them out using their provided registration number, we find that they are not registered in Dubai. Instead, they are registered in a place called Ras Al Khaimah.
Ras Al Khaimah is a place that offshore companies love very much. Ras Al Khaimah is based in the UAE. The problem is that there is no way to know their exact physical location.
Although Bitcoin Method is the other face of this company, it’s still worth mentioning some important facts before one can consider signing up for the Bitcoin Method scam.
First, the UAE-based company is owned by Jao Severino and Ralf Gold. When we run a background check, we discover that Jao Severino was barred from participating in any form of trading activity on the web. This ban took place in Portugal because he was associated with another scam called AMC Invest.
The website AMC Invest was promising a minimum of 10% monthly interest. For that reason, many victims were attracted to it. It ended up scamming hundreds of people who signed up at the time. This caught the attention of the local authorities who decided to do what they are good at — closing it down once and for all and then arresting the people involved.
On the other hand, his partner, Ralf Gold, has promoted many false money making opportunities on the internet. It’s no surprise that they are now running USI Tech and are affiliated with scammers who own Bitcoin Method website.
Scams which Ralf Gold has promoted before include HourlyRevShare 2013, APR CLICKS 2013, UPPERGAME 2014 and many more.
Today, this company uses software and Bitcoin investment plans to lure in unsuspecting victims who are looking to make money through trading Bitcoin on automation.
And the scam is quite good at what it does. It teams up with many other scams like Bitcoin Method to promote the website. Bitcoin Method actually claims that you’ll make 1% daily return on investment which translates to 30% monthly interest rate.
We know that this is not possible. Unfortunately, they continue to peddle their pathetic lies because the target audience is clearly people who want to invest in Bitcoin but are less knowledgeable on this matter. They love this type of audience very much. They know that this type of audience does not ask questions. If they are promised a 30% monthly return on investment, they will be convinced and quite happy about it.
You can see the true nature of who these people really are. If they can team up with scammers to help you lose your money, then it means Bitcoin Method is the greatest scam of all.
The site looks shiny and even promises profits in the next 3 days. It claims that learners should follow their 5-step plan correctly to succeed. This is not even a plan. It’s a series of useless videos that ultimately redirect to USI-Tech website. There, you’ll be asked to either make a purchase or deposit some money.
Bitcoin Method is a silly scam. Even when you look at the site, you will see the signs all over. What they are promoting on this site is a concept that has never been proven to work. So stick to the usual plan as always.
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