Coince Review – Is It a Scam? Read This Before You Invest

What is Coince? Is it a scam? It is another High Yield Investment Program (HYIP) that promises an unrealistic ROI. Read this Coince Review and find out if it is worth investing your money with them.

Coince Review – Is It a Scam? Read This Before You Invest


CoinceReview

What is Coince?

Name: Coince
Website address: coince.com
Price: minimum is $10 and the maximum amount is $500,000.
Overall Rank: out of 100
Owner: Joseph Miller
Status: SCAM – The website is closed. Find out how the other HYIP works better than Coince here.

Coince is a British-based investment company. Coince is a so-called Bitcoin cloud mining company, an online resource of Power Supplies & Equipment Limited working in the UK, whose main investment is focused on the provision of facilities for cryptocurrency mining.

It has a professional-looking website. They have provided a fair amount of details on their homepage and some video testimonial with a professional video presentation. My first impression was pretty good when I saw Coince for the first time. I like this kind of business template with sign of professionalism.

Min. Deposit: $10. It is interesting that there is no extra graphic element to show the investment plan, just the calculator on the main page. The calculator works perfectly, no pop-up window like in case of basic GC script.

Withdrawing is interesting. You should enter the amount and your e-Wallet ID as well. Then, the next step asks for PIN code. Then the confirmation message shows 24h time frame for processing.

Although it is a stretch too far to call them an obvious scam, there are some warnings regarding any business openly advertising cloud mining these days.

There is a lack of details on how they invest your money. It tends to be vague about the strategies used in their investment programs.

I have tried very hard to find out their investment strategies but they do not give adequate information on how their financial instruments work.

Let’s investigate the investment plans available on Coince. Well, Coince is less complicated as compared to many other HYIPs on the market.


Should You Trust Coince?

You should not trust this investment company. 

The Coince is a high-yield investment program (HYIP). If you have read the definition of HYIP on Wikipedia, It is s a type of Ponzi scheme, an investment scam that promises unsustainably high returns on investments (ROI) by paying previous investors with the money invested by new investors.

The Coince is a fake investment company. From the official website, one can notice it is an HYIP investment scam that aims to steal your hard earned money. Why? There are a few red flags I managed to pick up.

#Red Flag 1 – New Site and Unknown Identity

Coince is very new and looking at the date of registry.

The registrant’s name shows up as JOSEPH MILLER. I have tried to search for that name on the internet and nothing shows up. This is a clear warning that the scammer does not want to reveal his or her real identity to avoid detection.

#Red Flag 2 – Ponzi Scheme

Coince offers offer referral commission program. It is a good way to make extra money. By inviting more people to their investment programs, you will instantly receive some ref commission from every deposit your referrals made.

For a real investment company, this would equal giving away the entire (if not more) profit margin. This is a typical trick from most of the HYIP on the market. They offer to reward “referral fees” to investors for bringing in additional members.

Coince pays affiliates a smallcommission on funds invested by recruited affiliates in their unilevel team depending on the investment plans.

That’s how a Ponzi scheme is operated. They recruit new members to sustain the pyramid scheme. They need “new” money to generate “returns” for the older investors by acquiring new investors.

It is a fraudulent investment scheme where they pay returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources.

What Is PerfectBTC About? A HYIP Scam? Read Before You Invest

It is a pyramid scheme that typically collapses in the end because it requires exponential increases in participants to sustain the business model. That simply means the scheme cannot go on forever.

The Coince probably still pays their investors for now as the program is still relatively new on the market. When there is insufficient investment fund from the new recruitment to the older investors, the entire structure will collapse.

#Red Flag 3 – Vague Investment Information

Obviously, there is a lack of details on how Coince manage the money from the investors. Coince tends to be vague about the strategies used in their program.

I tried to look for more information “About” Coince, all I got is just a vague information. Furthermore, they are not backed by a real and verified trader. There is no proof and information at all on who are running behind the scene.

Given that Coince is an Investment Service, it should be regulated by the Financial Conduct Authority (FCA). There is, however, no record of the company in the public register.

This is your hard earned money, please do not be afraid to ask questions. A genuine financial professional will usually be happy to explain in detail the investment program they are marketing. Unfortunately, Coince fails to do so.

#Red Flag 4 – High, Unsustainable Yields

I have years of experience in investments. Historically, investments in most large corporate stocks return less than 10% per year. Usually, HYIP scams offer between 1 percent to 2 percent daily profits to its members.

The Coince discloses their investment plans with no aim to hide its absurd and unsustainable returns. The provided calculator shows how it earns you a 18% daily ROI under their only investment plan. To me, it is a total nonsense.

The funny thing is the investment plan returns a perfectly steady positive income percentage regardless of any external variable such as price volatility. Don’t you think this sounds a little fishy?

The ROIs that they claim on the official page clearly indicate that the investment is actually a Ponzi scheme or a junk bond that may never increase in value and has a high rate of default.


Conclusion

I am not a huge fan of HYIP programs because I am a low-risk taker.

I have tried some of the HYIPs before and I have been scammed once. I hence did a thorough research and only discover some of these “investment” scams operate and steal our money.

My advice to HYIP investors is always set a budget for investment. Many people regard HYIP investments as a form of gambling and approach the investment with a similar strategy.

It is also recommended to determine how much money you can realistically afford to lose, and never place any more than this at risk. In addition to setting an overall investment budget, many people like to establish “stop limits” as well, which means that when your profits reach a specific plateau, you will take down all of your investments and profits.

Diversify your investments. With HYIP being such a volatile investment, it is important to spread your investment capital around.

Placing all of your investment dollars into one HYIP programs puts you at risk of losing all of your investment at once. Having the money distributed across several HYIPs will increase the likelihood that sustainable programs will offset the ones that close.

In addition to that, I also wrote an article on How to Invest Online Without Being Scammed. This should serve as a reference when you look for a legitimate investment company on the internet.

For those who are high-risk takers, some high yield investment programs have the ability to generate exceptional returns, but only because the risk of loss is great. If you are willing to invest your money with high profit and high-risk investment scheme, Forex Paradise is another stable HYIP you can try. You can read the full review of this HYIP here.
Forex Paradise LTD

There are many fake reviews on these HYIPs on the internet. You should never ever trust them as most of them are written by the affiliates who want to convince you to join as members and make new deposits to sustain the entire pyramid scheme.


Final Word

I don’t like the reliance on a HYIP in order to make money. Instead, I do affiliate marketing (it’s different) and rely 100% on myself to build an income online. If you are interested in alternative ways to generate a real passive income online, you might want to consider running your own legitimate online business.

One powerful way to do this is through an approach called affiliate marketing. Affiliate marketing lets you earn money by promoting products from other companies. Any product you promote is going to be based on your opinion, and you are not required to stick with just one company.

If you’re looking for a legitimate way to make money online without trying to qualify for online surveys or getting scammed by HYIPs then Wealthy Affiliate might be what you’ve been looking for.

When I carried out my initial investigation on Wealthy Affiliate, it was purely to see if the company was legit for a few friends of mine, however, I didn’t imagine that I was going to make much or ANY money with them when I first got started, but as it turns out – I did.

Well, I’m happy to say that I’m not the ONLY one making money in Wealthy Affiliate, as you can see from the pics below, and you’d be surprised at HOW many other people are making money too.

Wealthy Affiliate

Wealthy Affiliate

If this is an area you’re interested in, you could learn more about this through my 7-day free email course or you could join the program here. The guide is an excellent way to learn all the ins and outs of affiliate marketing and to get started in the field yourself.

Extra Income as an Affiliate of WA

Just like Amazon, WA allows you to generate income as its affiliate member. Meaning, that if you make a sale, you receive a commission. If you don’t make a sale, you don’t make a commission.

The monthly investment to gain access to all the bells and whistles of WA is $47/month. You have the option to pay upfront and gain access to a yearly membership while saving on the total investment.

Here’s the commission breakdown for the sale of each membership.

  • $175 upfront and recurring yearly commissions for the sale of an annual membership
  • $22.50 upfront and recurring monthly commissions for the sale of a monthly membership

Here is a hypothetical breakdown of “monthly” income statistics for you based on just a 4-month recurring monthly membership commissions.

  • 1 sale per day= $2,700/month
  • 5 sales per day= $13, 500/month
  • 10 sales per day= $27,000/month

I personally find I make more commissions through WA than Amazon as the training modules are solid and most of them stay with WA for more than a year.

Here are my recent affiliate commissions rewarded from WA. I generated $5,886 in my last 7 days and it’s actually ramping up over time.

How to Make Money Online in Malaysia?

As long as people are still a member of WA, I get rewarded the recurring monthly commissions. This is what I meant by sustainable income. There are more than three billion internet users around the globe. Making 1 sale per day is not difficult at all with the blueprints and the step-by-step guide from WA.

Click Here to Get Started Today


It’s Your Turn Now

Please share this article with your friends and family members so that they do not fall into the trap of another HYIP scam, Coince.

If you have any questions or comments, let me know in the comment box below.

Regards,

Alex

Coince Review – Is It a Scam? Read This Before You Invest


Interested to know how make sustainable income online?

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Alex Y

Alex is the owner of Managing Your Finance. He helps newbies start their own online businesses. Sign up for his 7-Day Free training course and learn how to start making a sustainable income online and quit your 9-to-5 job.

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169 Responses

  1. jenneh says:

    wow that is sad that turned to be a scam, It sounded so promising. Thanks for the great review and warnings.

  2. mohsen says:

    hi. i investin about 5000$ in diffrent invests from 10$ , then 400, 1400 ,… and coince was return my money back in 60 days with 3% daily profit !!! its a real invesment system and great website. they are certified by mcafee ,symantec, verisign & trustware .

    • Alex Y says:

      Hi, thanks for your feedback on this. Most HYIP works while it is still new. The system is PROTECTED by Mcafee and other security protection software. It does not mean it is a legitimate investment company.

    • mohamad javad says:

      Hi mohsen,can you give me the adress off other company such coince that you give money from those?

  3. hassan says:

    Ihi but coince not new company it’s worked for 2years in the past and graph’s coince is three level but other scams graph is high level

    • Alex Y says:

      You probably noticed at the footer of the site says 2008-2016 copyright in the footer, while the scam launched in January 2016. It is to make people believe that they are around for a long time.

  4. hassan says:

    So in coince high invest is 500000$ and not investing more so how investing milion $ when i can’t do this

  5. Mohsen says:

    hi, the company have register number and it will be exist in “http://wck2.companieshouse.gov.uk//wcframe?name=accessCompanyInfo” united kingdom companies with “06470633” reg number . it’s not new and they work from 2008 . from begining untill now you can not found anyone that say “i loose my money or my profit in coince.com” . u can invest and test it now and see the results . i research in every hyip monitor and in all of them coince have payment in all of activity period .

    • Alex Y says:

      Hi,
      This UK registration number can be bought with 15 British Pounds through Companies House where most of the HYIPs on the market use this technique to gain your trust. There are many HYIP monitors on the market and they help to trace if the company is still running its business. Most HYIPs only survive for three months to one year. Some survived more than one but almost all of them collapsed after a short period of time.

      • nadeem says:

        You are right , Alex. It’s true but mostly people do not know it. Moshsin is also new here and he will understand your point when he loses all his money in the near future. I know all these HYIP scammers since 2010.

        • Alex Y says:

          Hi Nadeem, I am glad someone with experience gives his feedback on HYIP programs. I agree with you that most HYIPs don’t work simply because they are not a real investment program.

  6. mohsen says:

    hey alex u have a answer to any question in your pocket. lol

  7. mohsen says:

    but they worked many times till now . i want to know if coince is scam why many and many people who invested in this website like me have not any problem ? u can check the domain time in scamadviser.com

    • Alex Y says:

      Hi Mohsen,
      Most HYIP works at the beginning but the lifespan is short. It will not last forever. Coince is relatively a new HYIP on the market (although the official site says Coince has been operating since 2008, in which it is not true). It works as long as there are still new members joining the program to sustain the Ponzi scheme. If you are only looking for an extremely short-term “investment” scheme, Coince maybe is suitable for you. My advice is, be vigilant and cautious when investing with Coince. Do it while it still pays.
      My last word – withdraw while you can.

      All the best,
      Alex

  8. Mohsen says:

    hi alex . every day i withdraw without any problem and the last question is , you say are the all HYIP is scam ???

    • Alex Y says:

      Hi Mohsen, as I mentioned, it is still new. It works for now but it is not a sustainable investment scheme as they collapse in the end. There are several examples:-

      Amazing 5 and BTC Hourly. If you noticed the comments from the “investors”, the HYIPs disappeared and some lost $11,000,000 in which it is a huge amount of money.

  9. ahmed says:

    how HashOcean? legit or scam? tq

  10. Ball says:

    Thanks Alex
    I like your suggestion very much.
    But why i found someone invest in many hyip, they have many user and often post a lot of money or share on facebook that they got a lot of bitcoins. I almost believe them.

    Sorry for my grammar. I’m from thailand.

    • Alex Y says:

      There are many fake reviews and testimonials on social media platforms because they are also affiliates of HYIPs. This is how people are trapped and they tend to believe what is professionally presented.

  11. Fah says:

    It’s my first month with Coince. I’ll invest for the next 6 months and withdraw.

    • Alex Y says:

      Some people like the idea of earning quick money with HYIP. I have no objection about that. As I am not a high-risk taker, I am not a huge fan of HYIP. I know Coince is a relatively stable investment program, it is still paying at the time of writing. Most importantly, monitor the status of the website and judge if you should continue later on. The risk of investing your money with HYIP is that you won’t know when they will disappear like the others.

  12. Vaclav says:

    Hi Alex, what do you think about kairos system? 🙂

    • Alex Y says:

      Hi Vaclav, I personally do not recommend my readers to go for HYIPs as they are not legitimate and real investment companies. Kairos System is just another HYIP and I do not recommend you to “invest” your hard earned money in it.

  13. HARJINDER says:

    Hi brother
    I want to know about nano 11, is it good investment company. Please tell me thanks

    • Alex Y says:

      Hi Harjinder, Nano is also a relatively stable HYIP. It is still paying at the time of writing. I suggest you start with small amount of money IF you would like to try it. Again, I would like to emphasize that it is a high risk investment scheme.

  14. zandile says:

    Hey Alex what about earnevery30minutes.com and mysiteview?

    • Alex Y says:

      Hi Zandile,

      EarnEvery30minutes.com is a HYIP scam but I haven’t heard about MySiteView before. Will do a thorough research and let you know about it. Stay tuned.

      Alex

  15. Vusi says:

    Hello Alex what about forex paradise and copy buffet software are they legit and watchdog scam review

    • Alex Y says:

      Hi Vusi. Although Forex Paradise has been on the market for relatively long. I have to admit it is one of the most stable HYIP so far. Again, it is a high risk investment scheme. As for the other programs, I have not heard about them. Let me do a thorough research.

  16. Casty says:

    Coince is a Scam as I have tried it and I got scammed.

  17. Bill says:

    In few days ago, I’ve invest $600 in Coince. I found my money about $160 has been withdrwan by someone. I ‘ve already reported this matter to Coince. I’m now waiting for it’s response, but I seem to have fallen in the trap.

    • Alex Y says:

      Hi Bill,

      I hope you will get your money back. I suggest you stop investing money in HYIPs as this is a common phenomenon where most people do not get their money back after a certain period of time.

      Alex

      • Bill says:

        Thank you for your suggestion. I will never invest in these deceptive plans again. It haven’t resopnse to me till now, so I belive that it is immpossible to get back my money!

        • Alex Y says:

          I am sorry to hear that Bill. I really appreciate your feedback. Thanks for sharing your experience with us. I hope others read this too so that they can stop believing in this fraudulent system.

  18. allan says:

    hi alex, I understand you did not try to invest in any hyip platforms including coince thus your post is technically not a review but simply an objective observation of an outsider based on provided facts. Of course High Yield Investments are HIGH YIELD but they can give high roi’s too. They are good ways to earn from with proper knowledge and calculated investment attitude..

    • Alex Y says:

      Dear Allan.
      I concur with what your feedback. My post is based on facts as well as some experiences shared by my readers. Maybe some of the “investors” find HYIPs useful as they offer high ROI and I totally agree with it. However, there are way too many cases where most “investors” did not get their money back because the irresponsible HYIPs disappeared with the hard earned money of the innocents. If someone wants to make quick money with HIGH risks, HYIPs definitely are the best choice. I prefer opportunities that generate long-term, sustainable, and legitimate income.
      Alex

  19. Joseph says:

    Hi Alex, can I ask a favor if you can write something regarding Forex-Oil stock. We have been scammed by this online investment company. So others may be warned or close the website for good. Thanks

    • Alex Y says:

      Hi Joseph.
      Thanks for sharing your feedback with us. I will look into it and publish an article to inform those who are new to the world of HYIPs.
      Regards,
      Alex

  20. Joseph says:

    Thank you alex. And thanks for providing us information on investing online. We will be careful next time.

  21. yasser says:

    Hi Alex.
    I have invested $11,000 in this company. Only after I realized there is no such company. I am afraid and I hope they will give me back my money.

    • Alex Y says:

      Hi Yasser,
      I strongly suggest you ask for a refund or withdraw all your money once your investment terms are up.
      Stop investing your hard earned money if it simply doesn’t work.

  22. Joe says:

    Avoid OKBTC & 20Dailycoin as this two site are king of scam. They even block my ip when i threat them with interpol reports.

    • Alex Y says:

      Hi Joe. Thanks a lot for providing your feedback. I have just received another comment on 20DailyCoin, that he can’t access the website after he asked for withdrawal. Stay away from them. Share this and help those who are new to the world of HYIP.

  23. fria lawigan says:

    hi alex what can u say about bitminister company and also bitstrategy?is it scam or legit?

    • Alex Y says:

      Dear Fria. Both companies appear to be scams to me as the ROIs are unreasonably high. I think you should avoid investing your money with these “investment” programs.

  24. Joseph says:

    Hi yasser, where did you invest your money? Coince or oil stock?

  25. killyooo says:

    Hi Alex,

    Can you check clickintensity.com please

    Thank i found your website. Victim of scam here for several hyips

  26. Smith says:

    Hi Alex,

    Can you check magnr.com please..

    • Alex Y says:

      Dear Smith. Magnr looks legitimate but it is not insured. Every company in the bitcoin space is under attack by hackers, thieves, and fraudsters.
      Some companies like Mt. Gox and Cryptsy have been wiped out by hackers. This is my only concern. I need some time to study this company. Stay tuned.

  27. Jack says:

    Is genesis mining a ponzi?

  28. Walter says:

    Hi Alex can i rely to coince since am a new investor n can u please provide me its Registrations no

    • Alex Y says:

      Hi Walter. It is your choice whether to invest with Coince. If you are eager to make quick money with a high-risk investment company, I would say go for it. It is also recommended to determine how much money you can realistically afford to lose,

      • Walter says:

        Hi Alex.how about PIPCOIN.is it something to rely on?

        • Alex Y says:

          Hi Walter,

          It looks like this PipCoin.com has been launched a few times in the past, but isn’t getting any traction. I don’t think it is a good idea to invest your money with a company that offers more than 30% ROI per month. It is not a realistic number.

          Alex

  29. Sam says:

    Hi Alex,
    What about billionearn.com ? is this is a real legitimate company ?

  30. SAM says:

    So Alex, Which Company is a real legitimate company to invest. Suggest please.

    • Alex Y says:

      Magnr is one of the legitimate companies. Please keep in mind that it is a not a HYIP. The ROI is relatively lower than the HYIP scams in the market. I am going to make a review on Magnr and publish an article on Magnr tomorrow. Stay tuned.

  31. Sihle Luthuli says:

    Hi Alex , I’m Sihle how about futurenet and click intensity?

    • Alex Y says:

      Hi Sihle. Looks like FutureNet is just another Ponzi scheme. The address of the office is located at the same address as ‘One-Line Online -GreenLine’, of which it was also a Ponzi scheme back in 2013. Its focus is on recruitment and it’s vast array of Commissions and Bonuses. It promises that same old tired, formula of a $10 profit on your $50 AdPack which means a LOSS on every pack it sells.

      As for Click Intensity, you can read this review here.

      Regards,
      Alex

  32. Reginald says:

    Thanks for all the views, thèse HYIP operate as Ponzi schemes, there is really no work done to achieve those big amounts, all those who come in late Will cry after their monies are used to Pay those at the top or who put their money first. Referral bonuses are meant to pull more people for a short time, then will dry up later. mmm, zewang, kept fund all went the same way.

  33. Reginald says:

    wat about Copy Buffet

    • Alex Y says:

      Hi Reginald.

      I bet you have read a lot of good reviews about Copy Buffet. Unfortunately, most reviews came from the same template. The main concern about Copy Buffet is they assign a random broker to you. A legitimate binary options broker needs a license. I don’t see any evidence in that! That’s very fishy to me. I think it is better to wait and observe. It is too risky to try out. Hope it helps.

      Alex

  34. Pronob says:

    I am getting the paid from coince so far. How about the Wealth Management investment company?

    • Alex Y says:

      I have heard about Wealthy Management.
      It is a big scam. Some people have commented that Wealthy Management promised to pay back the capital in bank check and that would take them 4 weeks. Then WM failed to do so and convinced the investors that the money will be wired instead at a cost of 3% of the total invested money. So, please stay away from Wealth Management.

  35. kimhj says:

    Hello !

    I invested btcpips.com last month. Pls check this HYIP is a scam.

  36. Dev says:

    Hi Alex

    can check about m-capital.biz..please

  37. Blondiz says:

    Pls guys tell me more about it as my mum invested on it they promised 30% a month on $200 investment.

    • Alex Y says:

      I would recommend your mom to monitor the status of Coince from time to time. It is still paying at the time of writing. If your mom is not a high-risk taker, then I suggest withdraw the money when it matures.

  38. praveen says:

    Which HYIP can be trusted?

  39. Maria says:

    Alex, what are your thoughts about cash back traffic?

    • Alex Y says:

      Hi Maria, do you own a website and eager to get traffic? I am not a big fan of buying targeted traffic as you do not know where these bots originated from. It is risky to buy traffic and it is a big NO from me.

  40. Hec says:

    you say it’s a scam but it really pays.
    anyway you’ll get your money back quickly with such an interest rate
    i’m very happy with coince

    • Alex Y says:

      Hi Hec, glad you are still getting your money back. I have received a lot of messages from my readers where their IPs are blocked and couldn’t get in touch with the admin to get their money back. I am not against Coince, but people just need to be vigilant with most HYIPs on the market.

  41. Dev says:

    Dear Alex

    Please speak about ..Mazuma affiliate Expertise Ltd

    • Alex Y says:

      Dear Dev, I have read some comments from people that they haven’t received any payments from Mazuma Affiliate Expertise. To be honest, I have not used it before. However, it seems like another company that runs on Ponzi scheme. I don’t give high hopes for this company, though. The domain registration will expire on September 29, 2016. The admin has not renewed their registration. I find it fishy, though.

  42. Ryan says:

    It’s hard to trust HYIP but it pays. The challenge is you don’t know how long it will last. My advise is you invest what you can afford to lose. Once you are able to get your ROI, get it then re-invest with the income you got. 🙂

    Just think of it as an angel investment. 🙂

    • Alex Y says:

      Indeed some people are into HYIP because you can really make a lot of money from them. However, it is a very high-risk deal. I couldn’t agree more with you that it is a real challenge to know when they stop working. Some survive for more than three years like Forex Paradise and some survive for a month and disappear.
      Thanks for leaving your comments.

  43. mike says:

    Maybe they are one of the successful Ponzi schemes where everyone wins? I think Coince is one of them.
    I’m paying my bills with Coince. go to yourmoneygrow.com.

    • Alex Y says:

      Hi Mike,
      Ponzi system doesn’t work at all and it won’t last. The reason you are leaving this comment is to try to convince people it works because your intention is to direct traffic to the link you have provided in your comment. That’s how Ponzi works, they need new blood to sustain the pyramid system. That is why there are many cases people are trapped and lost all their hard earned money with those Ponzi schemes.
      People are free to do what they want to do, I can’t stop people from doing it. I just treat this as a platform to vocalize my thoughts.
      Alex

  44. kelvin says:

    Hi Alex
    please check BnB for me I have invested n I haven’t heard from them

    • Alex Y says:

      Hi Kelvin. To be honest, I haven’t heard about BnB before. If you are not sure about it, don’t engage yourself. Avoid them if you can’t seem to find any background information about BnB. Stay away before you are scammed.

  45. Sunny says:

    hey, Alex but coince has explained to us how the company runs and the major area of investment with facts and figure with furestic plans

  46. Arianna V says:

    Hi Alex, I am from Venezuela, a friend told me about Coince I invest 50$ in here is really a big deal because of the earnings, now that I see and understand that is a scam and that some day it will be over, I want to ask you if you have a way to know o to make a prediction of how many time does Coince have left? Because even knowing that is a scam for us is really tempting and for you might sound crazy but I would like to invest them withdraw my investment and keep reinvesting for as long as I can with the earnings, and sorry if I wrote something wrong, I am bad in English.

    • Alex Y says:

      Dear Arianna. It is almost impossible to know how long these HYIP will survive on the market. Most importantly, do a thorough research and always set a budget for investment for HYIP as it is a high-risk investment scheme. Don’t put all eggs into one basket.
      Since Coince is now dead, you can try Forex Paradise.

  47. Aline says:

    Hi Alex,Can you check for me about Myadvertisementpays.com.Is it a scam or not?
    Thanks

    • Alex Y says:

      Hi Aline.
      I am not a member of MyAdvertisementPays.Com but I know about this product.
      I am not of the opinion that every make-money-online program which pays its affiliates is NOT a scam. Just like MAP, it pays.
      At least, there are no complaints by affiliates about not being paid once their packs mature or they earn for referral commissions.
      That’s all I can say.
      Alex

  48. suraj says:

    i want to nvest . where should i invest

  49. JasonH says:

    Alex,

    What have you heard about plustocks.com

    • Alex Y says:

      Hi Jason, as far as I know. Plustocks is not a licensed broker. Furthermore, I don’t trust automated trading system as most of them don’t work.

  50. viebie says:

    Coince is not paying anymore 🙁

  51. DilipC says:

    hey Alex, please tell me any one legit investment site

  52. Jagadish Salunke says:

    I must say, thank you so much Alex for your great help to all the people and guiding proper way. Keep doing good work man, God bless you…

    Jagadish

  53. DilipC says:

    hey, Alex tell me more legit investment site please… bro

  54. Sindi says:

    Hi Alex my husband and I invested on cryptomium is this legit.

  55. vishal bodar says:

    hi alex …
    please speak about digideal2u.com

  56. Matisi says:

    Hi Alex pls check if this is legit, BC.prime.com

  57. Matisi says:

    Hi Alex I have registered on the company in order to try to validate it. Its bc-prime.com

  58. Matisi says:

    Thanx boss for checking, can you please check this for me BitStrategy Limited. I have investments with genesis and magnr started recently. Can you recommend more legitimate BTC companies

    • Alex Y says:

      Dear Matisi. BitStrategy is also an HYIP that runs Ponzi. Please avoid it if all possible. Other than Magnr, I am still exploring other companies too. I will add new posts if I find legitimate BTC companies in the near future. Stay tuned.

  59. Sally says:

    Hi Alex. Pls check on Beonpush

  60. sulaiman says:

    Hi, Alex what do i do if my country is not supported in your programme. I am really intrested in your programme.

  61. muhadir says:

    Dear Alex,
    I just open my android and I can’t log into Coince, as you said, it is really a scam, I invested a lot in this program. Thanks for your info about HYIP’s I am just beginner, I’ll try another as you recommend. And how about LARA telegram, please advise. Thanks

    • Alex Y says:

      Dear Muhadir,
      LARA telegram is a Russian based Ponzi. Please avoid.

    • Dean Tegg says:

      Hi Muhadir, They were updating their website…
      You can log in now, I just got paid this morning as usual, I know it’s a Ponzi scheme but I have already earned what the bank can’t give me and will continue this way until it collapses.

  62. Ajay reddy says:

    Hi Alex I’m.from india I.like to invest in magnr could u please tell me the process and how to invest and how to withdrawal?

  63. Isaac says:

    Hi, Alex. what can you say about Onecoin.au.

  64. Jack says:

    what a lousy review. You DID NOT try them personally, but they remind you of someone else,
    and those guys were scammers – so now your presumption is that these guys MUST be a scam as well.

    You’re thinking is flawed, and basically you know nothing, you made up a conclusion based on thin air. The only reviews worth anything are reviews from people that used a service themselves. The rest is pure crap. Hearsay is reality? No its not.

    • Alex Y says:

      Thanks for leaving your comments. Coince has stopped paying their investors since the day you made this comment. I have received a lot of private messages from readers that some of them lost more than $10,000. This is very sad to see the innocents’ hard earned money is stolen. At least I am right at the time of writing that Coince is a big scam.

  65. Bits Investments says:

    Hey Alex,

    Have you done any research on quickpay.today?

    Thanks.

  66. Dethel Mateo says:

    Coince so far still around but takes forever to receive money from them!

    Any word on quickpay.today ?

    Thanks

  67. Viral says:

    i think coince has finished.

  68. Venetia says:

    I had not got withdrawal from Coince. My request has been pending for the last 5 days.
    They ran away.

  69. Michael says:

    My withdrawals from Coince has been pending for the past 6 days.

  70. Pronob says:

    Dear Alex, We all are scammed by Coince, Deposit Plaza and so many similar fraud company like that. I don’t Know how come those bastard company get the permission from the British Government to do such cheating activities all over the world. People from the world are getting very bad experience about Britain and British Government because those company. So I think British Government should aware about those fraud companies.

    However, could you help us by advising is there any way to return back the money whatever we invested or how should we proceed with legal action? If you know something better please let us know. It will be big help for the helpless looser people. Thanks and regards

    • Alex Y says:

      Hi there. I wonder how did you send in the money to Coince. PerfectMoney, Payeer, BitCoin, and the like which all have strict “no questions asked or answered” policies and it is impossible to get money back. It is usually very hard to get money back from Coince, even if the scammer is caught and prosecuted. You have to resort to a civil action, which could cost a lot in legal fees, and may still not be successful. You will have to write it off as experience, and be more careful in future.

      • Pronob says:

        Thanks Alex for your kind reply. According to your answer, we guys who are victim by the scammer very helpless. That means very easy going people like us get into the trap only and the fraud companies will continue their cheating like a tiger and nothing happen to them. I mean they don’t have to be punished or no need to be return back the money. If the situation going on like that, the fraud people will be encouraged to do such a crime always. So we should find the way to release ourselves from those scammer. Thanks again

  71. Lindi says:

    I invested with coince they promised to pay me after 3 months.when my ivestment has expired i made withdrawal, they say it takes 48hrs but till now i havent received anything i wrote to support but no reply

  72. mns nath says:

    hi Alex
    Coince is now gone but it will probably rebrand and appear with a new name to steal people’s hard earned money.
    As long as these Ponzi fools are there on this planet, a lot of innocent people will be scammed.
    The British Govt should enter into the scene and apprehend the fraudsters to justice.At least the invested money can be retrieved and returned to the people who have been scammed.

    • Alex Y says:

      Hi. Yes. Unfortunately, this is how most HYIPs work. They run away with the money and reappear again. One good example is Capital7, it is basically a duplicate of Carbon7. It is always difficult to trace the real identity of these fools. Most of these HYIP admins are not based in the UK, they bought fake business certificates and simply put down fake addresses in the UK.

      One way to avoid these scams is to do proper research and alert people by forwarding or sharing HYIP reviews on social media. That’s the only way we could help other people to stay vigilant.

  73. jake says:

    great info indeed.. I have had lost money too in hyip, but when I found MS, I did easily recovered all my losses..

  74. jerry thompson says:

    Coince is a fraud also invested in there 18% daily for 10 calendar days and am yet to receive any payment.

  75. james says:

    how about bitclub.?

  76. sasi says:

    hi Alex. Could you please tell me about ” Bytes Capital”?

  77. taylor Smith says:

    Coince is a big scam. Thanks for doing this for the people.

  78. Nikolas miler says:

    Coince is a big scam I have lost over $7309 to this Ponzi scheme.

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