Post
Topic
Board Gambling discussion
Re: 4% return - compounded DAILY
by
arwin100
on 15/11/2020, 22:28:34 UTC
Is this a serious thing?  freebitco.in/ - scroll down 1/2 way of page.  EARN INTEREST ON YOUR DEPOSITS section.

Just curious, didnt see anyone mention, but 4% daily compounded interest is kind of exciting if it is legit.....any one any info?

If you get a return of 4% per day, will there also be a disadvantage? Nothing in the world is for free. There are always risks involved.

It's not per day. Yo have to read the post right below OP. It's all explained there.

4% per day is never legit. That would be 120% a month. Only ponzi schemes can offer that much. If it was legit nobody would be trading anymore as most traders barely make 10% a month. People who could earn 120% without lifting a finger would just put 0.1 bitcoin there and quit their day jobs. Grin

You didn't read his post and decide to cut it and actually he doesn't mean about 4% a day since he also clarifies the post of other user that it's 4% annually.

And I agree with you on your words since imagine 4% daily profits can get by depositors for sure it will never be sustainable to any platform and only scammers are really offering that.

But since there are so many answers provided better for OP to close the thread to avoid any discussion which totally not needed anymore here.