In this Crypto Hands review we explain why you should not participate in this financial game.
The pseudo novelty here is that it is running on smart contracts on the Ethereum network. Therefore, it allegedly is risk-free.
You are supposed to start by sending 0.05 ether to your upline. But then you cannot just wait for money, that’s not how it works.
Let’s begin this Cryptohands review by putting things straight, this thing is an illegal Ponzi scheme running on a blockchain. That is all.
So, the first thing you have to realize is that since it is illegal in most countries, authorities can come after it any time. All people participating in this game can be held responsible.
Cryptohands claims that it is risk-free because it runs on smart contract. While smart contracts might be eliminated the risks of an owner closing the system down, it still doesn’t mean you won’t lose money.
You will still have to refer other people to the system to earn something and hope there will more fools coming after you so that you don’t lose. But the system will stall, it is just a matter of time, and people at the bottom of the structure will lose money.
So, Crypto Hands is far from risk-free, illegal financial games like this one are always very risky. This is your typical pyramidal structure, just running entirely digitally.
Have you heard of any successful pyramidal financial games? You did not? It’s because they always end in tears. A few people at the top manage to earn something, but the majority of people end up with losses.
Cryptohands review conclusion
Cryptohands is an illegal financial scheme that can collapse any time, don’t participate in it!
If you want to try genuine cryptocurrency trading, start on a free demo with a regulated broker.
In trading you can make, but also lose money, so be careful if you decide to invest real money.