Does Qubit.life look like a Scam?
Possibly, with a high daily payout, after all, is crypto jump 20% a day without fundamentals.
Did Qubit.life use MLM?
Of course, they do & most companies do it & proven to be cost-effective marketing. Amway MLM doing for decades.
Did Qubit.life 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 Qubit.life getting those warnings?
Before you invest with Qubit.life, you need to understand Qubit.life 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 Qubit.life apply for the right business licenses?
When Qubit.life have (CMS) licence. It will allow Qubit.life 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 Qubit.life 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 Qubit.life for 4 months, It does building confidence in me. Withdrawal never had a problem & daily earning is exciting.
Will there be Qubit.life 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.