Hi guys.
I recently meet a guy who invested his money in 2 systems.
1) the first one is mining, he basically gave 20.000 euros to this company (ibulltrade) and they promised him to give him back 20% a month.
There are different tiers, like from 1000 to 10000 you get 11%, from 10000 to 20000 you get 16% ecc.
I smell could be a scam, but this would be a nice passive income.
They say they have a farm big in norway where electricy doesn't cost much.
What do you think about ?
2) The second one is trading. He sent money to these guys (BTC actually, not money) and they trade it on forex/crypto/commodities and they guarantee you at least 5% monthly of your investment back.
I again smell scam, but what you think about ?
I've been burst 7k on bitconnect, so i'm not really interested into this kind of things, but because those 2 are different and 1% daily was unsustainable but 5% monthly looks like much more real, I would like to know what you think about it and if any of you had good experiences in similar investment.
Thank you