The only thing that will happen to you when you invest in Chrysos Coin.com is that you’ll cry ”SOS” having realized how silly you were to get scammed easily. The phrase lending + Cryptocurrency means scam these days. There is no exception to this rule. But just in case you’re doubting that the so-called Chrysos Coin is a bogus earning opportunity, we will go ahead and list down the facts and evidence which suggest that Chrysos Coin is one of those money sucking scam projects hiding behind Cryptocurrencies and ICOs.
Note: to mine altcoins, go here.
We just said you’ll cry Sos, and we really mean it. The problem starts when the scam announces that they are the future of digital finance. How exactly does Chrysos Coin intend to revolutionize the world of digital finance?
Do they have a unique program which they are offering investors? Absolutely not. The only thing that this shady operation is offering is a phony lending program and an ICO which is to be held in different phases to collect as much money as possible.
The coin in question is abbreviated as CHR. They are claiming that this coin’s price will increase as it will be listed with major exchanges on the internet.
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You can allegedly trade it against other pairs. Or you can keep it in your digital wallet to earn 120% interest per year.
There is so much ridiculousness going on here. We definitely had to investigate to find out the truth. As you can see, this opportunity sounds too good to be true. The other thing is that it is not making any sense. The name Chrysos Coin is not confidence inspiring at all. But this is not the one reason why we have dismissed it. We have actually dismissed it because of a number of reasons which will be listed here later on.
They claim that Chrysos Coin is a blockchain powered coin. They also claim that the aim of this project is to give investors financial freedom and security.
We are wondering how this project can actually change lives. How exactly is this going to happen when Chrysos Coin website has copied all aspects of scam lending programs out there.
They also claim that they want to change the future of digital finance. Again, the means through which that goal will be achieved has never been stated.
The alleged lending program is designed to offer high yield with minimal risks. On the other hand, we know that the higher the profit, the higher the risks involved. There is no formula to quick wealth that doesn’t involve higher risk.
They call it a unique pure lending program because you can allegedly invest and get your capital in full plus interest as well.
You are supposed to get daily payouts in your wallet according to the plan you choose.
The lending program offers some crazy daily payouts. When you combine this with their referral program, you can allegedly make more money faster than you ever imagined.
Chrysos Coin is now intending to sale their token in different phases. They are encouraging you to buy as many Chrysos Coin coins as possible. The question is, why are you buying this coin? What exactly are the factors that will increase its value in the long run?
When people come across these phony Cryptocurrency investment websites, they think that they’ve found a way to generate quick wealth.
But that is not the case with Chrysos Coin or any other lending program on the internet.
The first thing you should notice is that this coin is not going anywhere. Don’t be fooled by the road map. It’s there to blind you and make you think that Chrysos Coin is a serious project. If you really want to make money with altcoins, you can mine or trade them, period. Also, you can trade them the same way people buy, hold and sell stocks later on. There is no other magic that can give you wealth.
The truth is that this coin is not going to increase in value. The whitepaper does not give us any reasons as to why we should actually buy the token. That means it’s a useless coin.
To spot a useless coin, simply go through the website and figure out whether the token is backed by any idea that is likely to increase its price.
There has to be a product or service that is backing the value of the coin in question. This is something that isn’t very different from stock investing.
You see, with stocks, people invest because the company in question has a solid product or service which more people are willing to buy even in the future.
Now, with a program like Chrysos Coin, there is no product or service. What they have is a coin, and they are telling you that the value of that coin will rise for no apparent reason.
That is an element of scam. If someone tells you that they have a coin whose value can rise without any reason, you should probably avoid them.
They claim you can trade it to make handsome profits. We are not so sure how this can happen since this coin will never be accepted in major exchanges with some reputation.
When you buy Chrysos Coin coins, you are actually buying something that no one will want to buy from you. And you cannot trade it anywhere since this coin will never be accepted in major exchanges. Only shady exchanges can accept such. And when they do, guess what? Even your profits won’t reach you.
Let’s not sugarcoat things here. Chrysos Coin is a ponzi scheme. That’s the truth which these guys are praying very hard that you will never know.
Thankfully, you read this review and discovered that Chrysos Coin is indeed a ponzi scheme.
What are they doing to make victims fall for their lies?
Well, as you can see, they have a website that claims to revolutionize the digital financial sector. How that will happen is a mystery.
The same shady website is preaching the message of lending in order to make money for its investors. We can tell you for sure that this is nonsense. There is no lending program that has ever generated any money for its investors.
Get this clear: when a website or the owner of the website in question doesn’t want to disclose their identity, you should ask yourself why?
You should especially be concerned with characters who privately register domains on who.is, then go ahead to solicit funds from members of the public in the name of selling tokens. This is another nonsense that is quite popular on the internet these days.
Stay away and you will not lose any money. Participate and you will have yourself to blame.
Chrysos Coin coin will collapse since it’s a ponzi scheme with no future plans. As we have said, the road map is there to fool you.
Chrysos Coin does not even have a corporation to back it. It is simply a mere scam website. It is not a secret than anyone who attempts to send Bitcoin here will end up crying ”sos”.
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