BTCFly.ltd PAYING or SCAM? – is this HYIP program actually PAYING or is BTCFly.ltd a SCAM? In the review, we will focus on the length of the program, the amount of payout is has done, the risk involved and we look at the payout programs it offers.
So, what does BTCFly Top Paying Programs (100% SAFE with PROOF)
5% Daily Forever 0.01btc to 10 btc, 6% Daily Forever 10.01btc to 20 btc, 7% Daily Forever 20.01btc to unlimited
Minimal Investment: $10
Deposit Back: Unsure, check FAQ.
Refferal: Yes, 1~10%
Online Since: 2017
Is BTCFly.ltd paying at this time?
“BTCFly.ltd – The best Bitcoin mining and exchange are needed for serious and professional staff. Bitcoin security must be impeccable, banking relationships must be sound and reliable, the mining engine must be fast. And profit must be able to be multiplied with mining power we have. Founded for developing new algorithms and mining farms construction btcfly.ltd Limited now becomes strong and trusted company by thousands of investors. Cloud mining or cloud hashing is a concept, which allows users to buy mining power of the hardware placed in remote data centers. Some mining companies had to close because of low Bitcoin price in begin of 2017 but our company successfully passed this period and now with growth of Bitcoin price we are able to make good profit for investors around the world – anyone can join us and get stable source of income. So should you join? Of course! There are still many Bitcoins to be mined and the Bitcoin industry is huge and continues its growth. The question is only which company you can trust. Today btcfly.ltd Limited offers the best terms and safe cooperation. Register an account, make investment, earn 5%-6%-7% every day and wait for the price to skyrocket again – as you may have seen Bitcoin is capable of breaking $3500 per coin and considering its amount is limited the price will likely rise again in the near future.
BTCFly COULD be a ponzi scheme. In ponzi schemes, deposits by new investors is used to pay the initial investors. The margins are kept by the owners of the program to further enhance the program and to promote it. The robot distributes the revenue among the investors according to the plan they chose before. The scheme will work, until the amount of new investors is so low, that they cannot pay the initial investors. It is mostly at that moment, that the admins of the program decide to run with the money and suddenly close the site. However, the current programs offered by BTCFly.ltd can be sustainable for a longer period, which means the scheme can run for a very long time and investors can actually make money using the system.
Deposit and Withdrawals:
BTCFly offers a very wide range of deposit options. To deposit and withdraw, you can use: Bitcoin, PayPal, Advcash, Payeer, Perfect Money and Visa/Mastercard.
The amount of times per day/week you can withdraw, depends on the plan you have chosen to begin with. The withdrawals are instant, so you do not need to wait for your payment.
What does BTCFly.ltd look like?:
BTCFly is a high-yield investment program (HYIP). If you have read the definition of HYIP on Wikipedia, It is s a type of Ponzi scheme, an investment scam that promises unsustainably high returns on investments (ROI) by paying previous investors with the money invested by new investors.
Every investment carries some degree of risk, which is reflected in the rate of return you can expect to receive. If your money is perfectly safe, you´ll most likely get a low return. High returns entail high risks, possibly including a total loss on the investments.
Why do people keep joining HYIPs knowing that they are Ponzi schemes?
All these Ponzi Schemes are aimed at people who want to get rich quick and do not want to take the tried & tested route of hard work = success.
Most people want to make lots of money quickly and the legal options are often very limited (e.g. Lottery). When a product promises to give you exorbitant returns, people tend to believe it due to our greed.
However, most of the people end up losing their savings and hard-earned money.
Personal Conclusion: Check if listed as Paying or SCAM. Do not invest if SCAM.
Participating in HYIP is a way to make a solid income online. Be aware that not all the programs you will encounter online are legit. Most HYIP have a short lifespan and will dissapear without you noticing it, unless you invested in it. 10% of the HYIP programs are legit and have been online for a very long time. They have paid their investors time after time and might actually have found a way to securely invest the money that was deposited. Do you have any thoughts on BTCFly.ltd or any other program? Leave a comment below.