Quote from: cryptounite on December 07, 2017, 10:06:07 AM

Quote from: BartS on December 05, 2017, 07:33:58 PM

Quote from: cryptounite on December 05, 2017, 07:06:44 PM

Quote from: hatuey on December 05, 2017, 11:44:49 AM

I would rather not risk my money to that degree. All it takes is some big fud to lose it all on a platform. Say bitconnect, regalcoin, salt or any of those was cracked open and exposed as a ponzi and all similar platforms become exposed by default too.

But they are still working Huh

Until the day they wont, that is the way people get scammed, at first everything seems right and you get your payments and then they disappear and you lose money that is very common among HYIP, I'm not saying this is a scam but it is a risky investment as anyone that knows anything about crypto should know that lending and investing in icos are two of the most risky things you can do.

You are absolutely right. But if they work for more than 3 months, that is enough.

As most of the lending time is for 3 months or 100 days.

In that time, people can get quite good returns, and if they lend again, that's extreme greed, and extreme risk, in that case, they should not worry about getting scammed.

At the end it is your decision, if you feel comfortable with your investment that is fine, but you must not forget that Bernie Madoff run a ponzi for decades and many people lost their money, so how long a site has been online and being able to pay its customers is not proof in itself they are legitimate business, I would not invest in such a project but that is because I'm risk adverse, the more risky investment in all my portfolio are my bitcoin holdings.