SCAM! - Mypassivetrades.com Reviews - Scam or Paying RevShare?

It is important to notice how many other project announced the decrease of daily earnings as soon as the My Passive Trades made their announcement. This shows how many other projects are earning at least a part of their revenue from My Passive Trades.

So let's hope the team behind MPT will do their best to SAVE our money and continue to makes us profit in due time, when the crisis ease up an the financial markets return to normal operations.

Dear MyPassiveTrades members

Due to the current global financial unrest that was triggered by the outbreak of the COVID-19 pandemic alongside the oil war and other factors, the Cryptocurrency markets are getting into unprecedented and incredibly unique market conditions with extreme reactions to all kinds of fleeting headlines and political speeches and statements. As a new asset class that emerged a little over a decade ago, Bitcoin and Cryptocurrencies have never been in such a challenge facing both a global pandemic and a global financial recession. Within this unique context we can’t be confident of hitting our profit targets at our time targets with our current forecasting models. Therefore we will suspend trading in this market and we’re going to temporarily halt earnings, deposits and withdrawals until trading resumes when the market is safer.

We exited all our positions very early on and we are not planning to trade this market until it is less volatile and less sensitive to every politician’s word and every news headline. We need to protect funds and maintain stability while not taking massive risks like engaging in the current market. Sustainability is essential for us here in MPT and prevention is always better than cure.

We have always been fully transparent with our members and our plan is to always fight for the well-being of the MPT community. This is a lifelong mission for us and we are not going anywhere. We will do a live video tomorrow to discuss the situation and answer your questions.

Thank you for your understanding.

@moneymagnet

Dear MyPassiveTrades members

Due to the current global financial unrest that was triggered by the outbreak of the COVID-19 pandemic alongside the oil war and other factors, the Cryptocurrency markets are getting into unprecedented and incredibly unique market conditions with extreme reactions to all kinds of fleeting headlines and political speeches and statements. As a new asset class that emerged a little over a decade ago, Bitcoin and Cryptocurrencies have never been in such a challenge facing both a global pandemic and a global financial recession. Within this unique context we can’t be confident of hitting our profit targets at our time targets with our current forecasting models. Therefore we will suspend trading in this market and we’re going to temporarily halt earnings, deposits and withdrawals until trading resumes when the market is safer.

We exited all our positions very early on and we are not planning to trade this market until it is less volatile and less sensitive to every politician's word and every news headline. We need to protect funds and maintain stability while not taking massive risks like engaging in the current market. Sustainability is essential for us here in MPT and prevention is always better than cure.

We have always been fully transparent with our members and our plan is to always fight for the well-being of the MPT community. This is a lifelong mission for us and we are not going anywhere. We will do a live video tomorrow to discuss the situation and answer your questions.

Thank you for your understanding.

Message from my passive trades team :

Dear MyPassiveTrades members

Due to the current global financial unrest that was triggered by the outbreak of the COVID-19 pandemic alongside the oil war and other factors, the Cryptocurrency markets are getting into unprecedented and incredibly unique market conditions with extreme reactions to all kinds of fleeting headlines and political speeches and statements. As a new asset class that emerged a little over a decade ago, Bitcoin and Cryptocurrencies have never been in such a challenge facing both a global pandemic and a global financial recession. Within this unique context we can’t be confident of hitting our profit targets at our time targets with our current forecasting models. Therefore we will suspend trading in this market and we’re going to temporarily halt earnings, deposits and withdrawals until trading resumes when the market is safer.

We exited all our positions very early on and we are not planning to trade this market until it is less volatile and less sensitive to every politician's word and every news headline. We need to protect funds and maintain stability while not taking massive risks like engaging in the current market. Sustainability is essential for us here in MPT and prevention is always better than cure.

We have always been fully transparent with our members and our plan is to always fight for the well-being of the MPT community. This is a lifelong mission for us and we are not going anywhere. We will do a live video tomorrow to discuss the situation and answer your questions.

Thank you for your understanding.

You are right. I didnt see old message

Dear MyPassiveTrades members

The COVID-19 pandemic outbreak marked the start of a paradigm shift in global financial markets. This pandemic was a real test for the financial markets; a test in which markets miserably failed and showed the weaknesses that have been hidden for a long time. We entered in a phase of extreme uncertainty and we can't see this uncertainty fading away anytime soon. After careful examination of the current situation we decided to make a change that will insure the best outcome for the MPT community. In the short to medium term we can't be certain we will achieve the same profit targets in time like we used to because the market environment changed radically. We will introduce new ad packs that will allow members to participate in an open-ended cash back program where they will start receiving a weekly payout based on the performance of the trading account that is backing MPT. These ad packs will never expire and they will pay exactly the amount of profits created by the MPT trading account. Our main goal is to protect the MPT fund by avoiding overtrading while giving MPT members a sustainable opportunity to make profits with minimum risks. Polaris Universal has multiple streams of income and they all feed into the portfolio that backs MPT. 70% of the net profits of the Polaris portfolio will go to giving weekly payouts to MPT members who purchased the new open-ended ad packs. 20% of the net profits will be compounded to grow the portfolio. And 10% of the net profits will be continuously used to buy back and burn ERK. The weekly payouts will follow the exact performance of the portfolio. There is no limit on how much profits each ad pack will give since it will never expire. All existing active ad packs will be refunded and the total amounts will be reflected in the MPT members’ balances. Members will need to purchase the new ad packs using their balances.

On the other hand, we worked hard to put Eureka Coin (ERK) in a strong enough position in term of daily trading volumes and liquidity levels to make buying and selling ERK a very smooth process. We will make ERK the withdrawal method used in the MPT platform. This means members will be able to withdraw their USD balances in ERK at market price. Members can then sell their ERK instantly for USD or other Cryptos in one of the many exchanges where ERK is listed if they wish to do so. We carefully evaluated the sell walls of the ERK markets before making this decision and we have no reason to believe members won't be able to sell their ERK coins at market price whenever they want. Therefore, MPT members will have the possibility to sell their ERK or hold it as a store of value and sell it later which gives them total control over their MPT earnings. ERK will be continuously bought back and burned using 10% of the net profits generated by an ever growing portfolio. This constantly increasing demand for ERK will insure a strong performance of the price which already is extremely undervalued right now based on all metrics. In order to pay the weekly payouts to the MPT members the 70% of the net profits generated by the Polaris portfolio will be used to buy ERK from the market to cover the withdrawals.

The goal of this new plan is to give MPT members a very sustainable and profitable opportunity to earn no matter what the markets decide to do next. This plan brings all our major Crypto-based businesses into one ecosystem and it will have a very positive effect on the Eureka blockchain and the EurekaX exchange which will promote the growth of Polaris Universal into a massive company smashing beyond normal results. This will reflect in a rapid and continuous growth of the profits generated by MPT members.

All our forecasting models tell us that we're near the end of the largest economic expansion in history. We want to keep trading the markets responsibly and not put our members' funds at risk by pretending that the markets are going to remain in the same state as before. We are entering a new paradigm in global economics and we don't want to take any unnecessary risks. We will keep creating profits whenever the markets give us those opportunities just as we always do. This new plan will insure sustainability and profitability for the long run. We hope you understand the logic behind our decision and we look forward to generate a lot of profits for our members and we are going to fight for the well-being of the MPT community.

This is an incredibly busy time for us. Please avoid messaging us directly as we cannot keep up with the volume of messages. Instead kindly use the Q&A Telegram group that we have created where the entire core team will be present to answer all your messages and provide the best possible support. Here is the link to the Q&A Telegram group: https://t.me/joinchat/E9-E-Uov6HWHiLNTCUEKVw

We will do a live video as soon as possible to discuss the situation and answer your questions.

Thank you for your understanding.

The summary of the news published for My Passive Trades would be:

- All the investors Active Ad Packs will become expired and earnings will be put into RE-PURCHASE balance (platinum ad packs are already all expired and you can already transfer the money to your re-purchase wallet, while the old "passive ad packs" will be made to expire in some time due to a CRON JOB.)

- The MPT team will implement NEW AD PACKS which will NEVER EXPIRE, but will NOT HAVE fixed profit as it was in the past. Instead the profits will be calculated weekly and paid out to investors wallets. (in the past old ad packs had a fixed daily return of 1% (up to 1,25%) for a total of 125%! The new ad packs will be earning profit based on actual profits from various revenue sources of POLARIS Universal company, but mainly from TRADING. The new ad packs will never expire they will continue to bring profits as long as the MPT project exists.)

- the money in RE-PURCHASE wallet cannot be withdrawn, you will have to buy the NEW AD PACKS (when they become available)

- The weekly profits from NEW AD PACKS you will have the possibility to withdraw, all the withdrawals will be in ERK (Eureka Coin), so you will have to withdraw to ERK wallet and then EXCHANGE the ERK coins with any other currency VIA any exchange that supports ERK coin.

EurekaCoin (ERK) is the native coin of its own PoS blockchain, the Eureka Network (eurekanetwork.io) and there are many projects preparing to build upon it using ERK20 and ERK22 tokens. The EurekaNetwork blockchain will not only be Proof of Stake itself ( meaning EurekaCoin in itself can be used to earn passively ) but other tokens/ sidechain coins will be able to be proof of stake in themselves securing their own network.

https://coinmarketcap.com/currencies/eureka-coin/markets/reported/

The ERK coin can be exchanged on these crypto exchanges (as of 21.3.2020):

- ProBit Exchange - pair: ERK/BTC - so you can exchange from ERK to BTC and vice-versa

- ProBit Exchange - pair ERK/USDT - so you can exchange from ERK to USDT which essentially means you can exchange to $ US Dollars

- P2PB2B - pair ERK/BTC

- Fatbtc - pair ERK/BTC

- Crex24 - pair ERK/BTC

And on the Eureka Exchange itself as well: https://eurekax.io/ - pair ERK/BTC

Another exchange the Eureka Coin is listed on I find:

https://exrates.me/

pairs: ERK/BTC, ERK/USDT and ERK/ETH

Yesterday afternoon the My Passive Trades team has implemented NEW AD PACK: FOREVER PACK.

So don't WAIT, go and buy new FOREVER AD PACKS from your re-purchse balance immediatelly! That is the only way to EARN money from now on in My Passive Trades.

These new FOREVER packs will NEVER expire, they will bring you variable profit each week!

First profits from NEW FOREVER ad packs have been acrued to account!

You can already make a withdraw to your ERK (Eureka Coin) account or re-purchase new ad-packs with the profits (compounding). 

Go MPT, GO!

Has anyone received a withdrawal in Eureka Coin already? 

Haven´t invested in MPT yet since I didn´t have enough money but if after the whole crisis it will continue to be stable I will probably invest a little in here as well: