Sunday, July 25, 2021
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Is Best Passive Income Platform 2021

Does look like a Scam? 

Possibly, with a high daily payout, after all, is crypto jump 20% a day without fundamentals.  

Did use MLM? 

Of course, they do & most companies do it & proven to be cost-effective marketing. Amway MLM doing for decades. 

Did get securities warnings? 

Yes. The Government always catch company & fine them. 

– Elon Musk Settles SEC Fraud Charges. 

– Luckin Coffee to pay $180M to settle SEC fraud charges. 

Why is getting those warnings? 

Before you invest with, you need to understand did not register as financial institutions or neither partner with a financial services provider, that is why getting securities warning. In plain English, You need to have the right licences for taking public money & invest. 

Why can’t apply for the right business licenses?

When have (CMS) licence. It will allow to do collective investment scheme (CIS), over-the-counter (OTC) derivatives, exchange-traded derivatives and spot foreign exchange for leveraged foreign exchange trading.

However, to compliant the Securities and Futures Act (SFA) & have (CMS) licence is not an easy task. 

I can only think of a few possible reasons, 

  • It took a long process time, usually takes years to get a license. 
  • The company did not meet minimum financial requirements
  • Do not want to be liable for it. 

If has a CMS licence & operate like a big company? 

In the 2008 Financial crisis, the bankruptcy of Lehman Brothers. One of the biggest financial institutions globally, also able to collapses. 

My Personal Experience: 

I invest with for 4 months, It does building confidence in me. Withdrawal never had a problem & daily earning is exciting. 

Will there be In 5 years?

I wish the answer Yes. Impossible to tell, alternative platform CashFX been around 3 years plus & daily payout 2-3%. 

Will I ever sell my house to investment with this platform? 

Nope, in millions of years. Any platform I won’t put this much money. 

Do I trust them?  

No. I trust when I can withdraw my earnings, and no one can guarantee anything. So I did start a $100 dollars. Test withdrawal After a few times before putting in $1000. Even some of the platform can’t even withdrawal IQ mining, I lost $500. 

Start small and manage your risk in any investment.

Invest what you can lose.  

How I can low my risk investment with them? 

You can withdrawal earning in one month and reinvest the next month. 

This to balance the risk & growth of the account. 

Started invest in crypto since 2018. I’ve account, Binance & celsius wallet. Currently holding crypto BTC, ETH, ADA & CRO. Aiming to growth 50% per year.
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