If you were searching for the BitTrain reviews to find out either is a BitTrain.org scam or genuine and what is BitTrain.org in real, then your search ends here. Through this BitTrain review, you are going to find the complete truth. So, let’s begin with our Bit Train review to find out either is a BitTrain fraud or trustworthy.
Actually, without a doubt, BitTrain.org is a scam. Do you want to know why? You can find the reasons explained below.
Bit Train is a fraudulent site due to the following reasons:-
- Bit Train is a Ponzi scheme which is an illegal and unsustainable scheme. So, it is a scam.
- We can say BitTrain is a Ponzi scheme because there is not any verifiable source of income coming into the BitTrain other than the money invested by its affiliates/members. Although it claims it is making a profit by investing in Forex and Cryptocurrency trading, it fails to provide the proof to support its claim. On top of that, there is no way any Forex or Cryptocurrency trading experts can guarantee 8% weekly return. Yes, we agree that there is a chance of making 8% return within a week via Forex or Cryptocurrency trading but not always. There is also an equal chance to lose money. So, there is no way any experts can guarantee the fixed rate of return from Forex or Cryptocurrency trading.
- If some company really can guarantee 8% weekly return, then why even that company has to collect the money from several people by guaranteeing them 8% weekly return? Instead, they can simply invest their own money and make all profit for themselves. If they don’t have money, they can easily take a loan from a bank by paying less than 1% monthly interest rate. If not a business loan, then there is also an option for taking a personal loan. So, there is no need to collect the investment from several people and pay them 8% weekly return than paying 1% monthly interest rate to the bank. Ponzi schemes never pass this logic test and prove themselves to be a Ponzi scheme.
- Legal authorities have already issued the warnings to stay away from Ponzi schemes. It is a crime to involve in Ponzi schemes like Bit Train.
Aforementioned, it is clear that BitTrain is a scam. So, we have listed BitTrain in our Bad and Scams category. However, if you still don’t believe us, then you can ask the legal authorities in your country to check the business of BitTrain, then you can find out the reality by yourself.
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