If you Google the word “Bitconnect”, your search results may include paid ads sponsored by “make money” advertisers. “Hexabot”, “Investellect”, “Bitcy.biz”, “Chain Group” and “Make Money with Bitconnect” are nothing but a scam. In some cases, from the fear of missing out, investors may risk their savings to those schemes, therefore, we want to emphasis that it is a mistake, and those ads are fraud.
We believe that “Bitconnect”, “BitConnect Coin” is nothing but a scam, and Google should consider removing those ads in order to protect Google’s users. Moreover, we believe Google should file a report against those entities to the law enforcement, since they are acting illegally. We believe that Google is a moral organization, and they always act in the best interest of their clients.
The story is not about Google, the story is about us. We must not let the fear of missing out to control us. We must do better.
Just today SEC obtained an emergency asset freeze to halt a fast-moving Initial Coin Offering (ICO) fraud that raised up to $15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a month. The defendants claimed that investments in PlexCoin would yield a 1,354 percent profit in less than 29 days (please find attached a link for the full press release).
ICOs, cryptocurrencies, mining and blockchain are making investors irrational. You need to be extra cautious, if it is connected to ICOs, cryptocurrencies, mining and blockchain, just because it’s out there doesn’t mean it’s good and profitable investment. Remember, if it is too good to be true, it probably is.
Please note, that some ICOs, cryptocurrencies, mining and blockchain may be risky investments, you should consult with independent financial adviser, before making an investment.
You should only use register financial adviser, if things goes wrong, he/she may have professional liability insurance, and you may be able to get back your money.