Checking on bitchoko limited and wondering if it’s a scam or a legit bitcoin investment that will make you taste the sweetness of profit? There are fraudsters these days flooding the internet with disguised offers to lure genuine investors with intentions to make money online. Some convincingly come with a certificate of proof of registration to earn your trust. Is bitchoko limited one of these disguised investments or a reliable one?
First of all, congratulations. It’s always a good thing to do your diligent check on systems of making money online before you commit yourself even if they present you a free sign up package. I know how it feels like to lose money to scammers who are heartless and purports ways to rob you of your hard-earned money. That’s what I’m going to help you avoid through this review as a multi-income stream enthusiast to save you from not only losing your money but time as well.
So, let’s get started.
What is Bitchoko Limited?
Business name: Bitchoko
Owner: Not Found on Website
Website: bitchoko.biz
The rate of Return of Investment: 10%, 12% and 15% Daily and Forever
My Overall Rating: 1 out of 10
Bitchoko is a bitcoin investment platform that promises members high investment yield by just relaxing somewhere as they do all the work to get you daily profits and forever. They claim to make multiple profits from an automated dealership machine they have designed of which they’re able to give out that sweet rate of returns to its members. REALLY?!! That is hard to believe because it’s too vague to accept as a reliable offer in this real world.
For them to sound convincing, they claim that their company offers trust assets management of the highest quality on the basis of foreign exchange and profitable trade through Bitcoin exchanges which is not explained clearly on how it’s done.
To them, they’re the only financial market worldwide that can guarantee you a daily ability to generate constant profit with the large price swings of Bitcoin. They claim that the money you invest is strategically put into work to generate you profit on a daily basis which I find hard to believe.
Just to put a full stop to what they claim to be and give you my honest review about this platform, you should not risk your money into their system because their sales pitch sounds pretty much like most of the scam sites I’ve reviewed. They can’t really sustain the business for the kind of offer being preached on their site. Read on to find out.
How Does Bitchoko Really Work?
As an investment company, all that they claim to require of you is to sign up and choose an investment package. They trade in bitcoins and the principal you can invest ranges from 0.001 BTC to 300 BTC which is equivalent to approximately $5 to $1,500,000 if you’re new to bitcoins. With this range of investment, you’re offered an interest rate of 10%, 12% and 15% daily and forever.
As a side attraction to their investment plan, they offer interested investors an affiliate program to earn on two levels. You refer friends and colleagues to their investment platform and in return reward you for helping them push their agenda. They claim to give you 5% and 1% commission on your first and second level referrals respectively.
Whiles this sounds so convincing to fall for, I’m afraid to tell you that it’s a lie. The only way they can run this system is to rob Peter to pay Paul. It’s just one of these Ponzi schemes branded in a different coat to deceive desperate investors who are convinced of the possibility of making money online.
Is Bitchoko Limited A Scam Or A Legit?
Undoubtedly, bitchoko is a scam in bold style. Usually, an online business is considered legit if it’s at least a year old but this has been in the system for less than 40 days as at the time I was writing this post. That’s one of the key things you should consider when trying systems like this.
I categorize this investment platform a scam based on my experience with similar platforms and unrealistic claims they make noise about. To make my points clearer, let’s delve into the red flags that proves that this investment platform is a scam.
Unrealistic Rate of Return
The profit they claim to offer you is too good to be true and no bitcoin trading system can actually offer you that. And I don’t think a genuine business model can offer that kind of rates daily and still be alive in a couple of days. It will collapse. You might ask, how then are they still operating?
They’re operating because new investors’ money is used to pay old investors. That’s the only way they can support their system and that makes it a Ponzi scheme. If people should decide to stay away from them, they’ll shut down without you knowing.
False Claims
From their site, they claim to have designed an automated dealership machine which is able to generate huge sums of money to provide that sweet profit to its investors. Easier said than done because it provides no clear highlights of how they trade with your money and how the dealership machine work to generate huge sums of money.
In addition, a company which has been in the system for less than a month claims to be the only financial market worldwide that can guarantee you such rate of returns daily and forever. Where is this recorded and when was that prize given to them? They’re just mincing words to lure investors into their trap. This is obvious for you to debunk. It doesn’t end here.
It’s One of The Same Scam Sites
It sometimes funny how these systems plot to fraud people of their hard-earned money. Do they think we’re that dumb to fall for their trap? I don’t mean to downplay your intelligence if you’ve signed up with them. Probably, you’re not much informed about these systems. I was once in that position. The structure and the investment strategy is no different from hour forever limited and no limit investments.
You can verify this through their affiliate program. They have the same wording except for the company name. Check it below.
Disguised Strategy
Some investors who’re fortunate to enjoy from this system might testify to their legibility. It’s not a new thing. That has been their strategy. They pay the first few people who joined the platform in their early launch. This is to compel them to unknowingly give convincing testimonies to friends and drive traffic from social media platforms to their sites.
Spiced with an instant payment system, they go viral on the social media to lure more investors into the company but little do most of them know that it’s bait. That has been the trend. All the other two I mentioned above are exactly the same.
You might be falsely convinced about their company registration number and shockingly, almost all of them are certified under UK Company House. UK Company House might not have anything to do with that. Check how it happens like that here.
Tired Of Scams? Making Money Online Is Real With The Right Platform.
Making money online is real and it works if you get the right platform to work with. But the reality is that most people don’t want to face the truth but always look for shiny things to go after. I also wandered around the internet trying to make some extra money for my pocket with most of these scam schemes but was a total waste of money and time until I found the right platform.
The platform taught me how to build my online business to create a consistent income through affiliate marketing. It comes with proven training, tools to build your business and an awesome community of likeminded people to support each other.
This platform is called Wealthy Affiliate University.
It all started with an interest and the desire to work from home and at the workplace on my free time to build multiple streams of income. This platform trains you to build a significant life through an online business that in a long run can be your main source of livelihood. It’s possible because the internet has tons of affiliate programs that you can promote to earn money even when you’re asleep. You don’t have to be an expert in anything because the platform will teach you about affiliate marketing and how to earn real cash from it.
You never feel alone on that platform which I call Affiliate University because it has an awesome support family that responds to your frustrations, questions as soon as possible. To succeed online, you need a proven system that works and reliable support that pushes you to achieve your goals. I’ve never regretted joining the platform myself so you can try them if you want to make money online and I will be there to personally welcome you and assist you in any difficulty you have.
You can build this business of yours if you dare. And as your business grows, you get to live your dream life because
- You get the chance to travel around the world.
- You get enough time to spend with your family and friends.
- You can work at home and make enough money for yourself.
- You become your own boss and do what you love doing.
You can read more about it here to get full knowledge about them but If you’re that curious, you can try their FREE MEMBERSHIP to see what’s inside.
Your comments are most welcome. Do well to drop your experience below about Bitchoko Limited if you have any experience with them and I will be more than glad to connect with you. Until then, I hope you make a good choice.
Your friend,
Derrick
Bitchoko screams of a scam, that is for sure. I would have to agree with you. I hope that there are people out there, considering Bitchoko, who will read this and steer clear. I know when I was first looking for a way to make money online I was desperate, and when desperate, you tend to believe and hope that the hype and income they say you will make, will be true. Sadly, most of the time it is not.
The mistake most of these desperate people make is not doing their diligent check before signing up offers like this. I hope it helps others who do. Thanks for your comment.
I was looking for a review on this platform looks like I came to the right website to find out about it. This article had everything I needed to know about Bitchoko Limited. Now I know that this is a scam and not worth trying. Thank you for sharing this article with us. God bless you!
Amen! You’re always welcome to my site and I appreciate the comment.
Thank you for the detailed review of Bitchoko Limited. It really does sound like it is “limited!” There are so many of these scams. It seems like more and more each day. It is kind of sickening. As I read your review, I just kept thinking, “Why do people continue to fall for these scams?” I guess it is our hope that one is a real possibility. I know I fell for my share of them! They look so convincing and legitimate. How do you know? Thanks for sharing about Wealthy Affiliate. I have been a member there for almost seven months! I love it. The training is amazing and the community is awesome! The owners Kyle and Carson are always making the long-standing platform better. They don’t make false promises. They tell you straight out that this will be work and you won’t get rich overnight! That’s what made me join the platform!
You’re welcome and I appreciate you sharing your experience. Karin, people mostly fall for these scams because of desperation whereas some are greed.
To know most of these scams, you have to do your diligent check and comparisons with already legit platforms to validate its claims. I’m glad to hear that you’re getting value for your money in wealthy affiliate and I wish you success in your endeavours.
Thank you so much for such a great review, I had never heard about Bitchoko Ltd, but I have been looking for an online adventure in a couple of months. Had I been reading reviews like this one, I could have not lost my money to a similar scammer like this one, last month (December 2018). It’s very unfortunate that many newbies on the internet are not even aware of researching before committing money.
I will try your recommendation (Wealthy Affiliate), I have just signed up for a free stater membership and I will be looking at how it works in the next few days. If impressed, I will definitely upgrade
Hello there,
Sorry to hear about your loss but I’m glad to you’ve tried wealthy affiliate. It’s a great decision that you’ve made and I believe you’ll find your success there provided you follow the training.
I would encourage you to upgrade and take your business to the next level.
I was one just as one of those people who was looking for a fast way to make a fulltime income and that is how I found forex trading.
’till this day they are still harassing me with phone calls to come and join them to make a fulltime income by investing in them. I have lost €6800. This made me very very angry but I didn’t give up. I was looking for other ways to make a fulltime income and this (your article) is providing me with other ways to make an additional potential fulltime income.
I will try it and see what it can bring me. Thank u for writing this article and helping others to prevent them from using Online Trading Systems that is going to make their money disappear and showing them other ways to make an additional income.
Again thank u for writing this and I hope to be able to make a full-time income online besides a regular job that doesn’t pay that much.
Much Love,
Dahay
Hello Dahay,
You’re welcome to the site and I’m sorry for your loss. Several other people find themselves now in what you’ve experienced and it’s only a matter of time for them to realize that they’re having false hopes. I hope to help people like that through my site.
You can check out this #1 recommendation that’s helping me make good money online.
Good afternoon Derrick,
There we go again, one more scam revealed. Thank you for this review of Bitchoko Limited, getting this information I will not fall into the trap. I find it quite amazing what one can find on the internet, it seems to be a never-ending stream of frauds.
These Ponzi schemes are bad and I know about them. They gave the good MLMs a bad reputation.
You are right, it is impossible to get such a high % on your investment every day. That you can lean back and they will do the work also sounds suspicious. The fact they have been on the market for such a short time takes all my faith in them away, no thank you.
Regards, Taetske
Hello Taetske
Thanks for your visit and I’m glad you’ve found this information helpful.