Hello all,
I am new to this whole bitcoin thing and know very little about it.
A few days ago I got added to a Telegram group which is run by a bitcoin & binary trader.
I am being proposed 100% ROI, with the trader claiming 95%+ success rate.
If I invest $500, I will get back $5000 within 5 days.
So, my question is - how do I know if this is legit or not before investing?
Their fees would be 15%.
Thanks
The rule of thumb has always been that if the offer is too good to be true, it is most likely a scam or a shady scheme. This one is one example. A $500 will become $5000 in just 5 days? If that is true, your investment will multiply 10 times in just 5 days. In other words that is doubling your investment in half a day only. That is not only too good to be true that is also a very funny offer. Leave and report that scam group as soon as possible to stop them from victimizing other people.