Thanks to our review of Crypto Firm you will see that this investment program is fraudulent.
Crypto Firm is a company that claims to be trading cryptocurrencies. Strangely enough it doesn’t want to keep the profits for itself, so it is offering three investment plans for the public to make money.
You allegedly can earn up to 12% daily when investing with CryptoFirm. Really?
Crypto Firm scam
Let’s go straight to the point of this review, Crypto Firm is a scam that you have to stay away from. It is not a trading nor investment company, it is a pyramidal scheme that just wants to play dirty games with your money.
The first thing you have to understand is that it is impossible to make 12% daily in any legitimate business, cryptocurrency trading is not an exception to this rule. You can make 12% in one day from time to time, but it is absolutely impossible to make it every day. That’s reality.
Knowing this you can easily label most of the scams, because when any program is offering returns that are impossible to achieve, you know that it is fraud.
Let’s not forget that any company in the UK that wants to provide investment services has to be authorized by the Financial Conduct Authority, that is the law.
And Crypto Firm Ltd. is not authorized by the FCA, therefore it is breaking the law, it is an illegal investment service that offers no protection to clients.
Finally, let us explain how Crypto Firm works. It obviously is a Ponzi scheme, a pyramidal game that is doing no real business, just playing with deposits. It will use some of the deposits for the first payouts, but as you can imagine, it will quickly run out of money, since it is not generating any real profits.
Ponzi schemes are destined to fail, and so is Crypto Firm. You should not invest with at all.
Crypto Firm review conclusion
Crypto Firm is a scam, it might run for a few days or even weeks, but it will collapse, and money will disappear. Stay away from it!
If you want to try real cryptocurrency trading to make money, fist start on a free demo account with virtual money to try everything risk free.
Don’t trade with real money until you understand the risk and have a good strategy.