I would be teaching and helping readers right now as there is a great need for education on online scam detection.
We have so many scams online today and it baffles me that people keep falling for these scams daily and keep losing their hard earned money.
We will do a review of some of the things you look out for in an online investment.
We won’t be displaying the names of the scam sites but we would be telling you factors to use and identify a scam investment online.
The online investment should be trading or investing in a physical asset e.g Oil and gas, Forex, Commodities etc…some would argue this as bitcoin is not a physical asset. Bitcoin is an exception.
The online investment opportunity should not be a HYIP- High Investment Yield Program - you invest $100 and get 150% in 5 days…that is totally unrealistic and you know its crazy to achieve but you invest because you are greedy. Such high returns don’t happen overnight and you should stop being greedy.
The online investment should have a track record. This I cannot overemphasize. If they claim they have been investing since 2014. Then we should see the daily trading details from then on and there should be investors that have been with then since then. You can find this out in results.
The online investment should have a social media page for investors and you can assess them to see user comments and complaints and how it is being resolved.
Such investment should have a good support line for people investing to enable them resolve issue within minutes of reporting.
Scam sites are on the increase today especially with the rise in price of bitcoin and so many are receiving bitcoin for their "supposedly investment" so the need to educate readers on online scam detection. if you get scammed you can submit your comment here inorder to help others from being scammed...and yes! i have been scammed before, you are not the first nor would be the last. Lick up wound and start all over again.
First of all, all investments require a level of trust.
This trust would be gotten from assessing the investment based on several factors.
There are many other factors we can consider but we would be going through some very critical factors that must be in place before you commit.
This can serve as a guideline for online scam detection but you need to add more as you become more adept: let’s just say this is the minimum requirement from any online investment you want to invest in.
This trust would be gotten from assessing the investment based on several factors.
There are many other factors we can consider but we would be going through some very critical factors that must be in place before you commit.
This can serve as a guideline for online scam detection but you need to add more as you become more adept: let’s just say this is the minimum requirement from any online investment you want to invest in.
Online scam detection guidelines
The online investment must be regulated - EU, US or Country Regulated - and there should be documentation to support this. Such regulations website should be online and you can check them up if you think the document is false.The online investment should be trading or investing in a physical asset e.g Oil and gas, Forex, Commodities etc…some would argue this as bitcoin is not a physical asset. Bitcoin is an exception.
The online investment opportunity should not be a HYIP- High Investment Yield Program - you invest $100 and get 150% in 5 days…that is totally unrealistic and you know its crazy to achieve but you invest because you are greedy. Such high returns don’t happen overnight and you should stop being greedy.
The online investment should have a track record. This I cannot overemphasize. If they claim they have been investing since 2014. Then we should see the daily trading details from then on and there should be investors that have been with then since then. You can find this out in results.
The online investment should have a social media page for investors and you can assess them to see user comments and complaints and how it is being resolved.
Such investment should have a good support line for people investing to enable them resolve issue within minutes of reporting.
Scam sites are on the increase today especially with the rise in price of bitcoin and so many are receiving bitcoin for their "supposedly investment" so the need to educate readers on online scam detection. if you get scammed you can submit your comment here inorder to help others from being scammed...and yes! i have been scammed before, you are not the first nor would be the last. Lick up wound and start all over again.
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