Control-Finance: Compound Interest and Cryptos
So last week I started hearing about an affiliate site based off crypto investing that was supposedly legit (spoiler it is). I didn't pay much attention to it until I realized the affiliate side of things isn't all they do, welcome to the beautiful world of compound interest.
Here's how it works, you put in a deposit. You do not get this amount back directly, it is locked in and appreciates at a rate of one percent per day. You have the option to automatically re-invest your earnings back into your deposit every day for the compounding interest effect. Investors take this money and buy and sell for massive profits on the various trusted crypto exchanges.
Here is what I have deposited so far. My first payout is due in about 8 hours from now.
They seem to be giving a 5% bonus on deposits as well, which is awesome.
At the base tier of 1% return, it will pay for itself in about 80 days if you reinvest that whole time. Which really isn't bad.
After three months of compounding a $1000 investment would be returning a whopping $708 a month in interest.
It's a clever platform that relies on good investors make smart moves.
This brings me to their trading reports. They openly show in pdf format all their trades for the week. Buys and sells. They also have pictures of their business licence on the site, which goes a long way to proving legitimacy.
I am going to give this site a shot more so on the compound interest side of things first rather than the affiliate side, as it is hard for me to get people to sign up without a YT channel or a full on website. I will update with my progress and especially if something goes wrong.
Your payouts are not limited as far as I can see, and they charge zero fees for instant transfers to your bitcoin wallet.
Wish me luck and I will keep you guys posted!!
If your feeling so kind as to use my refferal link you would be the first one to do so and it would be greatly appreciated!
While it may not be a scam in your opinion, it could be considered spam. Spam is not appreciated by the community and could be flagged or may result in action from the cheetah bot..
Some things that can be considered spam:
This is kind of unfair until it has been proven as a scam. I am going to be updating my success or failure. One post in this context should not be grounds for a downvote.
Out of your four points, the referral link is the only thing I have done wrong (and I can edit it out). The other three don't apply.
Literally trying it out so I can be the guy who gets scammed and I can warn others about it.
Image not shown due to low ratings, what does that mean? Those are screencaps of the site that I took myself.
You are doing more harm than good in this case.
Ponzis generally aren't 100% proven to be scams until they fall apart, taking your money with it. They have some really obvious hallmarks and this one is hitting them well though.
Let the community police not a few powerful accounts wtf.
Yep that's what's happening.
I'am testing control-finance for 1 week now.
Followed and UpVoted :)
Thanks. I think a big wave of people are entering right now.
The dollar amount and number of clients on the homepage is also going up all the time.
Wow, actually earning a decent rate of return for deposits. That hasn't happened for decades. (staying tuned in)
They are also opening an exchange.
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