nomad2019 Posted August 24, 2021 Share Posted August 24, 2021 (edited) i was doing some digging to see which stocks/shares would be a safe punt in 2022, long story short a guy called me from LPLfinancial , and mining trading platform,. Based in Switzerland registered also in London. They said on £1,000 investment I could make maybe 100 or £200 per hour or per day in crypto [doge coin ] their commision 3%. So I've decided to us some of you guys on here who would know a lot more than me I know absolutely nothing about crypto trading, just starting out and learning, but I have made a small profit in the last 2-weeks using etoro,. My portfolio in etoro is made up of neo coin, bitcoin and ethereum. i also use revolut and staked £1300 on bitcoin has returned today approx profit of £55 What do you guys think of this company / platform ,. Are their promises BS ???????????? What are your thoughts and should I just keep using ETORO whats your thoughts on doge coin thanks in advance Edited August 24, 2021 by nomad2019 1 2 Link to comment Share on other sites More sharing options...
GrandPapillon Posted August 24, 2021 Share Posted August 24, 2021 that's a tough one to crack ???? Switzerland is one international hub of financial criminals, no wonder some crypto scams are coming from there ???? despite their "clean" image, stay away from "Swiss" deals and being registered in the UK by the FCA means nothing, it can still be a scam 1 Link to comment Share on other sites More sharing options...
nomad2019 Posted August 24, 2021 Author Share Posted August 24, 2021 35 minutes ago, GrandPapillon said: that's a tough one to crack ???? Switzerland is one international hub of financial criminals, no wonder some crypto scams are coming from there ???? despite their "clean" image, stay away from "Swiss" deals and being registered in the UK by the FCA means nothing, it can still be a scam thanks i should maybe just stick with ETORO then, these account managers, isnt it worth their while to make you money so they get the commision, why would they scam you for say 500 dollars, theres no account manager with ETORO to teach me how to trade and buy/sell etc Link to comment Share on other sites More sharing options...
GrandPapillon Posted August 24, 2021 Share Posted August 24, 2021 (edited) 7 minutes ago, nomad2019 said: thanks i should maybe just stick with ETORO then, these account managers, isnt it worth their while to make you money so they get the commision, why would they scam you for say 500 dollars, theres no account manager with ETORO to teach me how to trade and buy/sell etc in scams, there is no small money, 500 USD or less is still good to take, when the prey are easy to get, you can get 1000 of them, so 1000 x 500 that's a nice sum of money Edited August 24, 2021 by GrandPapillon Link to comment Share on other sites More sharing options...
KannikaP Posted August 24, 2021 Share Posted August 24, 2021 100-200 PER HOUR on an investment of 1000, GBP,USD or ANY. Did you ever read Grimm's or Anderson's fairy tales? 1 Link to comment Share on other sites More sharing options...
1FinickyOne Posted August 24, 2021 Share Posted August 24, 2021 55 minutes ago, nomad2019 said: I could make maybe 100 or £200 per hour or per day in crypto [doge coin ] If that were true, and anyone could do it... why wouldn't they hire people at 20-30 quid per hour to earn the money for themselves and they could keep the profits... just a skeptical retired bizman here.. 2 Link to comment Share on other sites More sharing options...
bkk6060 Posted August 24, 2021 Share Posted August 24, 2021 1 hour ago, nomad2019 said: They said on £1,000 investment I could make maybe 100 or £200 per hour or per day in crypto Sure, you"could". You could also make nothing or lose. 1 Link to comment Share on other sites More sharing options...
owl sees all Posted August 31, 2021 Share Posted August 31, 2021 Has anyone knowledge, or info on an investment company called investby - www.investby.com? They are based in Europe and people are saying interesting things about them. Any info would be good. 1 Link to comment Share on other sites More sharing options...
KannikaP Posted August 31, 2021 Share Posted August 31, 2021 9 minutes ago, owl sees all said: Has anyone knowledge, or info on an investment company called investby - www.investby.com? They are based in Europe and people are saying interesting things about them. Any info would be good. What interesting things please? As far as I can see, they trade Cryptocurrency, taking a cut of course. Profits are determined by the global value of those commodities, not the company flogging them to you. 1 Link to comment Share on other sites More sharing options...
owl sees all Posted August 31, 2021 Share Posted August 31, 2021 1 hour ago, KannikaP said: What interesting things please? As far as I can see, they trade Cryptocurrency, taking a cut of course. Profits are determined by the global value of those commodities, not the company flogging them to you. Thanks for that KannikaP. Interesting in as much as Their pitch says great profits are to be had. Link to comment Share on other sites More sharing options...
Sparktrader Posted August 31, 2021 Share Posted August 31, 2021 On 8/24/2021 at 8:12 PM, nomad2019 said: thanks i should maybe just stick with ETORO then, these account managers, isnt it worth their while to make you money so they get the commision, why would they scam you for say 500 dollars, theres no account manager with ETORO to teach me how to trade and buy/sell etc If making money is so easy why do they need you????? Trading is risky You win You lose Buy and hold is the safest way. Buy only what you can afford to risk. Margin trading can wipe people out. Link to comment Share on other sites More sharing options...
Sparktrader Posted August 31, 2021 Share Posted August 31, 2021 23 minutes ago, owl sees all said: Thanks for that KannikaP. Interesting in as much as Their pitch says great profits are to be had. Yeah sure. Sign up gullible people and skim money off them. Like bookies do with sports. Link to comment Share on other sites More sharing options...
KannikaP Posted August 31, 2021 Share Posted August 31, 2021 29 minutes ago, owl sees all said: Thanks for that KannikaP. Interesting in as much as Their pitch says great profits are to be had. You have as much chance by buying a Thai Lottery ticket for tomorrow. Link to comment Share on other sites More sharing options...
KannikaP Posted August 31, 2021 Share Posted August 31, 2021 9 minutes ago, Sparktrader said: Buy and hold is the safest way. Many Financial Advisors tell you that investing is a long term thing. Not if what they put you in goes down or even bust in the first year. And they get paid whether YOU win or lose. Fund managers are mostly the same, get their cut first. Rip off merchants. Link to comment Share on other sites More sharing options...
Sparktrader Posted August 31, 2021 Share Posted August 31, 2021 1 minute ago, KannikaP said: Many Financial Advisors tell you that investing is a long term thing. Not if what they put you in goes down or even bust in the first year. And they get paid whether YOU win or lose. Fund managers are mostly the same, get their cut first. Rip off merchants. Do your own research then. If you think Bitcoin rises to $1m. Put some money in. Link to comment Share on other sites More sharing options...
KannikaP Posted August 31, 2021 Share Posted August 31, 2021 (edited) 1 minute ago, Sparktrader said: Do your own research then. If you think Bitcoin rises to $1m. Put some money in. I already did, thanks. But how can you research whether Bitcoin is going to go up (or down). It's black or red on the wheel. Heads or tails. Edited August 31, 2021 by KannikaP 1 Link to comment Share on other sites More sharing options...
Sparktrader Posted August 31, 2021 Share Posted August 31, 2021 Amazon Facebook Bitcoin Buy n hold 10 years ago???? Made a fortune. Just pick the next. 1 Link to comment Share on other sites More sharing options...
bartender100 Posted August 31, 2021 Share Posted August 31, 2021 Never ever trust any company that cold calls you and offers to make you money, new twist from the boiler room boys getting into crypto maybe, you will never see your 1000 again. I am not a big fan of eToro either, sooner pay the commission on exchanges like Coinbase and own my coins safely in a wallet where I have the key 2 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now