This Geno Bitc review explains in simple terms why this investment program is a scam.
The main thing in display are the investment plans that offer up to 1000% after 8 days, which is more than 100% per day. Is this real?
Geno Bitc scam
You don’t really have to go into details to see that Geno Bitc is a scam. Just look at the investment plans, tens of percent per day is a ridiculous return, let alone more than 100%. Only scams display numbers this high, that is a hard fact.
So, anytime you see such an offer you can be sure that you are dealing with a scam. There simply is no other way.
Illegal investment service
Another thing worth mentioning is that no investment service can work without a license valid in every country it is targeting.
Geno Bitc has no license whatsoever, not even in the UK where it claims to be based, so it is an illegal investment service.
What is important is that with unregulated services like this one you money is not protected and you won’t get compensated in case the services fails.
How it works
Geno Bitc is a typical Ponzi scheme, it will take deposits from people and use some of this money to maybe pay out the first profits. But it is doomed to run out of money and collapse, it is just a matter of time.
There is no point in trying to get money from these scam, you will get burn. In rare case you won’t, you will still burn other people.
Geno Bitc review conclusion
Geno Bitc is a scam that is going to quickly collapse, you have to stay away from it!
If you want to try genuine trading with cryptocurrencies, start on a demo account with a regulated broker.
Learn how everything works, understand the risks and only then you can think of trading with real money.