BitAdvisor (aka Bit Advisor Limited) has been around just over a week as of posting this review. And during this time, these scammers have taken trader’s money and lost their investments with their schemes. The following review serves as as critical warning fall day-traders. BitAdvisor is a harmful Scam you don’t want to mess with.
ICOs like BitAdvisor Limited are appearing all over the internet. Many of which are fraudulent programs promising traders larger returns, yet never pay. While investigating their suspicious website, we found several scamming factors indicating unsafe practices.
In addition to the typical promises of large profit gains, its come to our attention BitAdvisor also has features of a Ponzi scheme. In other words, they offer affiliated programs to gather as many victims before shutting down.
That’s why we’re here. To warn day-traders about its hidden dangers. Before joining, please read our review first. Learn the truth these scammers don’t want you knowing about their BitAdvisor Scam. New evidence confirms a money-losing fraud.
NOTE: It seems BitAdvisor is a replicated Scam formulated from a Failed ICO known as CoinContract LTD. If youve read our CoinContract Scam Review before, you’ll find them and Bit Advisor similarly Fraudulent.
BitAdvisor Review – Another Failed SCAM
Lets elaborate exactly what we’re dealing with. BitAdvisor is an ICO, meaning Initial Coin Offering. Basically what this means is you invest a certain amount of money with their program. In return, they ‘mine’ cryptocurrencies like Bitcoin, Ethereum, and various others for you.
Sounds very simple and straightforward, right? Unfortunately Bit Advisor isn’t that easy….nor are they honest.
Their advertised daily returns are outrageously high, ranging 10% – 15% daily. That nearly 450% each month! WHAT THE F@%K? Are they being Serious? This is far beyond what most legitimate sites could ever offer. Not to mention these claims of consistent “daily” profits are highly unrealistic due to constant market changes.
Allow me to clarify such ‘guaranteed’ massive wealth claims presented by BitAdvisor (and many frauds like it) are known as ‘door busters’, used to catch your attention and fool you into believing you can become rich very quickly.
In these situations, I’d like you to ask yourself this simple questions: “if an ICO such as BitAdvisor Limited can really generate these Crazy & consistent monthly payouts of 450% easily absent risk as they claim, you honesty believe such programs would be spreading throughout the internet for free?”.
Speculations are one thing, but its vital we dig deeper into this BitAdvisor Limited Scam. Let’s review the specifics of their illegitimate methods for manipulating beginners.
BitAdvisor Limited Unlicensed / Unregulated
Because Bit Advisor represents an ICO investment firm, requiring members to invest “x” amounts of money for promised “y” returns. By law they must operate under the conditions of proper Licenses and Regulations.
These regulations are imperative, some mandated to comply with policies such as Know Your Customer (KYC) and Anti Money Laundering (AML). Of course any Scam like BitAdvisor refuses these guidelines.
While trying to validate Bit Advisor operations, our team simply couldn’t verify any certificates confirming licenses in which they must lawfully hold.
BitAdvisor Developers? (Fraudsters)
I like calling these type of people “faceless scammers”. Because in all honesty we have no idea who’s behind this unprofessional BitAdvisor trading system. They promise traders financial freedom solutions, but who are they?
If you step back for a moment, you’ll realize the entirety of this program contains no useful information. No Direct contact information. Nothing of which discloses any developers, founders or CEOs. They say Bit Advisor LTD consists of teams of experts and entrepreneurs.
Why doesn’t BitAdvisor disclose their development teams info so investors can feel comfortable knowing whom they’re dealing with? Although we’re aware the scammers from CoinContract are behind Bit Advisor, we still don’t know their identities.
Almost every scam you can imagine either creates fake aliases or keeps quiet altogether in efforts to remain anonymous as these criminals profit from your losses. Not once throughout the BitAdvisor are visitors provided any valid information regarding its creators. Don’t you consider that strange??
Remember transparency is important when you’re about to “invest” your money. Traders should fee comfortable & safe in their decisions. Yet the level of mysteriousness surrounding Bit Advisor simply beckons more suspicions rather than approval.
Fake BitAdvisor Results
As we briefly mentioned before, BitAdvisor makes some of the worst bold statements in regards to astronomical profits & returns. Imagine receiving a 450% on your initial investment? Just in a few weeks?! Its impressive, but highly unlikely.
Don’t forget the value of bitcoin is constantly moving up and down due to constant market movements. These scammers ‘guarantee’ consistent returns of high amounts with Bit Advisor. However these promises are unrealistic because of never-ending market fluctuations.
The value of Cryptos can rise one day, drop dramatically the next. Just this past week, Bitcoin dropped over $3500 in value instantly. Therefore the promises of steady daily/weekly returns from BitAdvisor are highly unlikely.
Interestingly enough, their page says BitAdvisor has been in operation for 6 days, yet already have nearly 4,360 members. So where are these ‘happy’ members? We’d like to hear from them!
BitAdvisor Ponzi Scheme
There’s far more beyond phony claims and unlawful companies happening throughout BitAdvisor Scam. Like most fraudulent investments, their main goal is to accumulate as much money from registrations possible, then they get shut down, but run away with your funds.
BitAdvisor also contains an affiliated program where traders can refer other people to join. In return, you will receive a percentage from their deposits. Their system is set up with different entry levels and downlines, which basically shares similar characteristics of the hated Pyramid / Ponzi Scheme.
Bit Advisor Limited does NOT mine any bitcoins or other cryptocurrencies. Instead these scam-artists make money & profit from your deposits & promoted services in the form of affiliations to gather more victims.
Still wish to join BitAdvisor?
The main reason we’re debunking this rotten ICO scam is because of trader feedback. Because BitAdvisor isn’t regulated, they’re getting away with shady practices, including NOT paying some members.
Regardless of the fact BitAdvisor is practically new, this unlicensed hoax has reportedly been refusing to pay various members their obliged withdrawals. Many cases of these withdrawal payments being denied, pending statuses or ignoring requests entirely are becoming known more & more.
Sadly, these traders have been victimized, informing us how Coin Contract doesn’t not provide quality services. The crooks behind BitAdvisor are literally stealing your money and filling their own pockets.
This reason alone is more than enough cause which motivated us to warn others about this damaging software. Hopefully today’s BitAdvisor Review will help prevent further losses from innocent investors.
BitAdvisor Review – Conclusion & Helpful Tips
Finalized Review Judgement: The consensus from unhappy members have confirmed BitAdvisor is a serious Scam. Traders use caution and don’t waste your money with this lousy money-thing gimmick.
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Looking for a way to make money online? One of the golden rules about finding a safe program is avoiding systems liked BitAdvisor Limited System exploiting easy millions or wealth without effort. We understand its hard to find reliable apps, but we do our best in testing and finding trusted softwares for beginners to use and make money.
We hope today’s honest & transparent BitAdvisor Review was helpful in revealing dirty secrets you may not have known. But most importantly, our mission is to help prevent as many traders possible from becoming their next victim. Thank you for reading our conclusive review. Feel free to comment below with your feedback. Cheers!
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