All for Joomla All for Webmasters

FinchCoin.biz Review – Paying HYIP or SCAM?

FinchCoin.biz review – is this HYIP program actually paying or is FinchCoin.biz 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 FinchCoin.biz Top Paying Programs (100% SAFE with PROOF)

FinchCoin.biz Plans:
20% Hourly For 10 Hours 200% After 1 Day 1200% After 5 Days 3500% After 15 Days 9999% After 30 Days

Minimal Investment: $10
Deposit Back: Yes, after term has ended.
Refferal: Yes, 5%
Online Since: 2017

Statement:
FinchCoin.biz – Finch Coin – Your Profitable Kingdom offers high-return investing in the Forex and cryptocurrency markets as well as promising start-ups on Fintech. How does it work and where does big money come from? Everybody knows that currency exchange rates change all the time. When a currency becomes more expensive in comparison with another, people holding their money in the first currency may be winning while those who are holding their savings in the other currency may be losing because their currency has become cheaper in relation to the first one. Such changes occur every second, so if you buy a currency which is about to rise in price and sell it after the rise, you get the difference between the buy and sell prices as your profit. That is what is called currency trading or Finch trading. Decentralized cryptocurrency is produced by the entire cryptocurrency system collectively, at a rate which is defined when the system is created and which is publicly known. In centralized banking and economic systems such as the Federal Reserve System, corporate boards or governments control the supply of currency by printing units of fiat money or demanding additions to digital banking ledgers. In case of decentralized cryptocurrency, companies or governments cannot produce new units, and have not so far provided backing for other firms, banks or corporate entities which hold asset value measured in it. The underlying technical system upon which decentralized cryptocurrencies are based was created by the group or individual known as Satoshi Nakamoto.

Overview:
FinchCoin.biz 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 FinchCoin.biz 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:
FinchCoin.biz 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 FinchCoin.biz look like?:

[thumb custom_filename=”FinchCoin.biz Review” link=”false”]http://FinchCoin.biz[/thumb]

Is FinchCoin.biz paying at this time?

HYIP.biz

FinchCoin.biz Verdict:

The FinchCoin.biz 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.

Final Words:

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 FinchCoin.biz or any other program? Leave a comment below.