Review of Cryptopeople.biz – Is cryptopeople.biz SCAM or LEGIT?
In this post I’m going to make a review of cryptopeople (cryptopeople.biz).
You may have come across many sites on the internet promising you quick fortunes. But the truth is that the majority of them turn out to be scams.
Ponzi schemes are very popular these days and most of them are runned by scammers. In this review, we provide you information based on our investigations and user experiences to help you make the proper decision.
What cryptopeople.biz really is?
cryptopeople.biz is a NEW high-yield investment program (HYIP).
If you don’t know what HYIP is before you sign up for cryptopeople.biz, be sure to read the articles here: “What is HYIP?”
The official launch of cryptopeople.biz is on 12.12.2019.
Their domain is registered for 3 YEARS and they are currently paying since over 150 DAYS!
In 2 words cryptopeople.biz is a ponzi scheme!
What does cryptopeople.biz offer?
cryptopeople.biz offers to invest in their site and receive passive income.
Investment Plans Starts: from 6% daily for 10 days.
And Minimum Deposit amount: from 10 USD.
Minimum Withdrawal is just 1 USD
And the payments are processed Manual
cryptopeople.biz Accept: Payeer Suggested), PM, Bitcoin, ETH, as Payment Processors.
They have also affiliate program: In 3 levesl 3% – 1% – 1%
What does cryptopeople.biz say in their site?
“cryptopeople.biz is a long term high yield private loan program, backed up by Forex market trading and investing in various funds and activities. Profits from these investments are used to enhance our program and increase its stability for the long term”
Can I make money with cryptopeople.biz?
Yes, you can, but quite a large part of the people who invest in such sites loose their money.
These sites are like gambling with the only difference that the odds here are 50 / 50, it’s little better than gambling where the chances are 90 / 10.
Maybe that’s why the vast majority of people continue to invest in sites like cryptopeople.biz.
As already mentioned, the people who most often earn with these sites are the admins and the first investors.
If you understand the risks and know what cryptopeople.biz is and still want to invest although knowing that it is a ponzi and will soon stop paying;
I recommend you to use our ref links at least to get the commission back and reduce the chance of loss by getting your investment back faster.
Currently cryptopeople.biz can pay its users but for sure this will not be for long.
cryptopeople.biz SCAM or LEGIT ?
cryptopeople.biz can be anything, but not Legit. cryptopeople.biz is designed in such a way to convince unsuspecting people.
Initial investors in cryptopeople.biz only get paid when new people sign up and invest.
What this means is that you are under pressure to bring in new investors to cryptopeople.biz so that you will get paid. Cryptopeople.biz review scam or legit
As soon as the amount of new investors in cryptopeople.biz drops, the owners will go away with the money invested.
Thus, cryptopeople.biz will be closed down since there is no longer enough money to pay initial investors.Those that benefit most times are the first investors.
We can’t tell what their next move would be. That being said, your money is always at risk, as they might decide to stop paying anytime.
Many HYIP monitors wouldn’t tell you how this system works, even trusted hyip monitoring wouldn’t be quick in telling you that some of these HYIPS have a very very short span of life.
What are other people’s reviews about cryptopeople.biz?
You may have noticed on forums and other sites a lot of people post proof of payments from cryptopeople.biz. But don’t let that fool you!
Those that benefit most times are the first investors. We can’t tell what their next move would be. That being said, your money is always at risk, as cryptopeople.biz might decide to stop paying anytime.
Do your own research before joining any program and NEVER invest what you CANNOT afford to lose in these programs! If you have experience with cryptopeople.biz please share in the comments below.
You can also check out the comments below for other people’s reviews about cryptopeople.biz.
My personal Impression of cryptopeople.biz.
As we have said above, this is a Ponzi so it will work for a limited time. However, as in all the HYIPs one can still make profit out of it if entering at the right time. As of today, Cryptopeople is running since 170 days which means the critical period has been overcome and this HYIP can last long. Thereby the short term investment plan are a good option. If you like to risk then cryptopeople offers a good compromise between profit and risk. But invest only knowing that you can loose your capital. And Invest small amounts. It is better to make 4 deposits of 25$ each rather then a single deposit of 100$! And withdraw your money as often as possible!
Disclaimer: This article should not be viewed as an endorsement of any of the services mentioned. Please do your own research before considering investing any funds. You should never make an investment into any online program if you do not know what you are doing.
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