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Messages - John Novak

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1
Cryptocurrencies scams / Re: CryptoBitUp System Lags
« on: December 10, 2018, 10:12:46 AM »
What are the trigger warnings that pop up for you when you see an offer like that, John?
Free money. When you see that you are supposed to get significant amounts of money for nothing, it's a scam. Even like 10% per month is pretty much unsustainable in any normal business, and scams often promise a lot more.
See also: https://twitter.com/SEC_Investor_Ed/status/1071963984490835969

2
Cryptocurrencies scams / Re: CryptoBitUp System Lags
« on: December 09, 2018, 10:08:57 AM »
What are the trigger warnings that pop up for you when you see an offer like that, John?
Free money. When you see that you are supposed to get significant amounts of money for nothing, it's a scam. Even like 10% per month is pretty much unsustainable in any normal business, and scams often promise a lot more.

3
Brokers / Re: New Brokers
« on: November 10, 2018, 07:36:22 AM »
Okay, and how exactly to find a proven broker?
Start with regulated brokers.

4
Brokers / Re: New Brokers
« on: September 18, 2018, 08:46:04 AM »
Its regulate. i've tried and it seems not bad at all. I've even got a good bonus

Finally I was able to access the Bormancorp website and I see they are not regulated. So I recommend staying away.

5
Brokers / Re: New Brokers
« on: August 23, 2018, 08:31:51 AM »
i've just registered a broker called "bormancorp", could you tell me what do you think about it?
Their site is not working now, so I don't know. If it is not regulated, stay away.

6
Brokers / Re: New Brokers
« on: August 22, 2018, 04:55:04 PM »
But  do you have some reliable brokers? Cause i've found two possibilities but i want to know if there is something better
It depends on what you want to trade and where are you from. For example if you are from the EU and want to trade binary options, you can't with a regulated broker.

7
Hi, I'm sorry but I'm sure that paying them more would mean only more losses for you.

8
Brokers / Re: New Brokers
« on: July 13, 2018, 07:57:57 AM »
Hi John Novak.
This is the link you asked for https://m.uk.investing.com/brokers/cryptobitup. I do not think that CryptoBitUp is a scam, at least, in the direct meaning of the word. It offers interesting trading opportunities combined with easy money withdrawals https://prnt.sc/k2u0h6. So far, I'm satisfied with their services and support. And if I come across any crucial issues or get scammed, I'll make a post about it to the community.
The link just leads to a review. I would like to see a link to an official web of the Georgian government where the license of CryptoBitUp can be seen. And I have to repeat, if it is paying now, it doesn't mean anything, it can stop anytime.

9
Brokers / Re: New Brokers
« on: July 10, 2018, 08:57:30 AM »
I've found out that CryptoBitUp is regulated by the FMRRC and the National Bank of Georgia. There are alo many reviews that they ensure the security of traders' investments. Online reviews are considered the best source of information these days). However, all positive feedback isn't always good. It is better to look for mixed reviews.
Provide a link to prove the regulation by FMRRC. Secondly, regulation in Georgia entitles them to provide services in Georgia and nowhere else.

10
Cryptocurrencies scams / Re: CryptoBitUp System Lags
« on: July 06, 2018, 08:33:30 AM »
Hi John Novak!
Thanks for your reply. Criptobitup offers both investment and cloud mining services. I contacted their tech support team, and they informed me that the company wasn't registered as a brokerage. So, you are absolutely right. On the other hand, it operates as a money service business. For now, I came across no problems with money withdrawals. You can make sure here https://prnt.sc/k2u0h6. So, Cryptobitup isn't a scam, at least, in the direct meaning of the word.

I'm sure it won't last long...

12
Cryptocurrencies scams / Re: CryptoBitUp System Lags
« on: June 15, 2018, 01:43:21 PM »
Hey John!
What do you mean under illegal? No lisence or what? I googled the topic and found out that CryptoBitup activities were regulated by the FMRRC and the National Bank of Georgia. I've been trading there. On the whole, the platform is organized technically properly. It's really convenient especially for newbies: an abundance of trading tools, training materials, financial expers, analytics. I'm disappointed with the work of their tech support. They don't provide timely replies when they are urgently required. Once the system lag prevented me from closing positions more profitably. That's the case. At the same time I managed to gain and withdraw some profits. You can make sure here https://prnt.sc/jrs7re.

Cryptobitup is offering investment services. So they need a licence in every country they are targeting. If, and I repeat if they have a licence in Georgia, that entitles them to work in Georgia, that's all. But they for sure don't have any licence for the EU, US, Australia or any other country. I sincerely doubt even the Georgia licence.

13
Cryptocurrencies scams / Re: CryptoBitUp System Lags
« on: June 11, 2018, 04:52:56 PM »
Guys, STAY AWAY from Cryptobitup, it is an illegal broker.

14
Brokers / Re: New Brokers
« on: June 11, 2018, 08:14:59 AM »
Zen: Not all brokers that are not regulated are scammers, but still, I would not trade with them. Because you have no protection. A regulated broker has to have segregated accounts with clients' money, a regulator oversees how the broker treats customers, orders etc. And money on trading accounts is insured, so even if the broker collapses, you will get your money back from a special fund. With unregulated brokers you have nothing like this, no protection, they can do what they want, manipulate prices, etc.

15
Brokers / Re: New Brokers
« on: June 01, 2018, 09:05:54 AM »
How did I find good trading platform?

I often heard from my acquaintances about earnings on the Internet.  I do not know why, but I was always skeptical about this.  Well, a person cannot earn enough on questionable websites.  And then one of my friends told me about trading.
You know, I would not believe it even if he did not buy a new BMW.  He told, showed, well, and I was drawn.
My first trading platform was Alpari, not bad, but too difficult, as for the beginner.  I constantly confused something, did not know where to click and how to withdraw money.  Then I realized, that must look for something new.  I saw information on the forum about pratconi.com.  What was the contrast!
Everything is simple and accessible, you can even practice on the demo account.  Step by step and I understood everything.  Now I earn good money, I have enough, and even make savings.
You know, so much depends on the simplicity of the website, not always professionals come to trade, somewhere they also learn.  That's what I say thanks to pratconi.com !

You asked for it, so there you go: Pratconi review - it is an ILLEGAL crypto broker, STAY AWAY from it!

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