It’s hard to find Cryptostars Reviews on the internet since it is a new scam and the crooks are using this opportunity by utilizing their best tactics to cheat more confused people. We came to know about this and after some detailed investigation, here is my review of Cryptostars.biz bitcoin investment company. The Cryptostars website was launched on the 21st December 2017 – just when Bitcoin was experiencing the highest growth rate in its history.
There’s been plenty of brand new sites spring up recently looking to capitalize on this soaring value and hype surrounding the world’s best-known cryptocurrency. If they were all legit then that’d be great; but unfortunately, the vast majority are total scams. After a thorough investigation into this program, we can categorically conclude that Cryptostars scam investment plan is a total dangerous scam. Quite simply there’s nothing remotely believable about their claims to deliver an absurd 30% daily return on invested capital. Read on for all the proofs.
- 1 Cryptostars Review – Are These Investment Plans Profitable Or A Scam HYIP?
- 2 What Do Cryptostars.biz website Claim To Offer?
- 3 Cryptostars Bitcoin Investment Platform – Is It Really A Genuine Company?
- 4 The Cryptostars Investment Plans – Can You Really Make A Profit From This?
- 5 Cryptostars Withdrawals – Does It Actually Pay?
- 6 Why Cryptostars Is A Scam
- 7 Conclusion – Do Not Get Trapped By The Lies Told By Cryptostars Scam Website!
Cryptostars Review – Are These Investment Plans Profitable Or A Scam HYIP?
This is the first issue that raises big questions over the legitimacy of the Cryptostars investment plans. All that they express on Cryptostars scam website is assurance after assurance that they are offering a way to make staggering profits ‘daily and forever’. How do they intend to deliver on these promises? After all, a 9000% monthly Cryptostars ROI is such an outlandish return it is far beyond the realms of credibility.
All they mention is that they use a specialist trading software to generate these profits – however only they use this magical package. Clients just invest in their platform for a share in the returns. So is it a trading opportunity or a straightforward investment plan? The truth is that it is neither. Cryptostars company is a ponzi scam that my Cryptostars review can say with absolute certainty conducts zero actual trading on crypto exchanges. Instead, their whole business model is geared just to harvesting new members.
What Do Cryptostars.biz website Claim To Offer?
Before anyone gets carried away with that 30% daily return be aware that is only available to high-value investors. Like all classic ponzi scams, the Cryptostars scam platform is based on multiple tiered memberships. The lowest amount accepted to join is 0.001 BTC for a 10% daily return. To earn higher rates you need to invest 1 BTC (currently $16,000!) or more. The 30% figure requires a staggering 20 BTC – around a quarter million dollars – investment.
Obviously, nobody in their right mind would risk thousands of dollars on an utterly unproven, untested and brand new investment program. Just to make this even shadier is their promise that this is a one-off investment that will pay out for life. Now let my Cryptostars review explain about their strategy – how does that work? Imagine in a fantasy world that Cryptostars website is legitimate, pays out for years and then eventually the client (likely a multi-trillionaire) finally dies. No financial platform expires upon death – this is simply not how investments work! Obviously, the only reason they use ‘forever’ is for marketing and to attract novices, which of course is the actual truth behind their whole scam.
Cryptostars Bitcoin Investment Platform – Is It Really A Genuine Company?
As per usual for the latest spate of cryptocurrency scams, Cryptostars Ltd website claims to be a cutting-edge, marketing leading platform for those looking to invest in Bitcoin. Give that they’ve only been in business for a few days, that’s a pretty grandiose claim – especially when they provide absolutely no evidence to back up their shameless self-promotion! My Cryptostars review suggests you to not believe any of the nonsense they spout about having world-class tech teams and facilities. We dug about a little and came up with quite a different opinion on the reality behind the Cryptostars.biz scam.
First of all, they make great play about being a registered company based in London. Sure this is the case and their business number is indeed valid. The problem is that tax registration is very different to being licensed by the FSA (Financial Services Authority). Any company involved in providing a financial service from the UK has to be registered with this governing body in order to legally operate. Guess what? Cryptostars company is not listed and therefore are trading illegally. Anyone dealing with them receives zero protection.
To their credit they do list a valid address, so with the help of Google, we decided to look up their premises. After all, a company generating what must be tens of thousands of dollars every day should have a pretty smart business premises even at London prices. Oddly enough it appears that they operate from a flat above a high street toy store. My Cryptostars scam exposing review will leave you to make your own conclusions on that one.
The Cryptostars Investment Plans – Can You Really Make A Profit From This?
As mentioned earlier in this Cryptostars review, they offer a tiered investment program. By the huge leap from their minimum investment to the next level, it is clear to see that they are aiming very much for the ‘little fish’. We very much doubt that anyone will entrust these chancers with thousands of dollars worth of BTC, however, there’s likely plenty of people willing to chance $20 as a casual ‘punt’. It is this laissez-faire attitude that the crooks running the Cryptostars scam are looking for. Lots of people who are inexperienced and unlikely to make a fuss when they never see their ‘profits’ or deposits ever again.
Cryptostars Withdrawals – Does It Actually Pay?
They claim that they will make payments fast and at no additional cost. Quite how much they deliver at a time (if at all) is still an unknown quantity. As with all HYIPs and ponzi scams, they will likely pay out some returns to some investors but anyone expecting to be making thousands of percentage returns each month is living in a fantasy world. Cryptostars scam website does offer a referral bonus which delivers a paltry 5% for the first referred deposit and a near pointless 1% on subsequent deposits. To put it bluntly, even those happy to market on their behalf are being ripped off compared to what many other HYIPs offer.
Why Cryptostars Is A Scam
Still not convinced that the Cryptostars Bitcoin ‘trading’ platform is a scam? All this Cryptostars review can suggest is to take a step back, a deep breath and look at the facts. Quite simply there is no way that their business model exists. How can they promise to deliver lifetime income at absurd ROI even at the lowest investment tier? It is totally unsustainable! Even more so, what happens when Bitcoin goes through one of its regular crashes? 2017 has seen four occasions when the currency has depreciated in value by 30% or more in a matter of hours (to eventually recover). How do they pay out on these days?
Obviously, they do not. All the evidence suggests that this is a total ponzi scam that is looking to hoover up as many small-time investors as possible before vanishing. Should the crooks running Cryptostars scam somehow be fortunate enough to receive a couple of Bitcoin from a totally naive investor, we’ll bet that they’ll exit scam right away. By no means is this an investment strategy designed to really work for the long term. The only people who stand a chance of making money with Cryptostars bitcoin investment plans are the crooks running the program.
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Conclusion – Do Not Get Trapped By The Lies Told By Cryptostars Scam Website!
Forget any romantic notion that maybe Cryptostars website is going to be the next big thing and that their glaring unprofessionalism can be attributed to being a young tech startup. That is exactly what the people behind this scam want you to believe. Make no mistake, whoever is actually running Cryptostars scam knows exactly what they are doing and it wouldn’t surprise us in the slightest if this is just one of a number of similar frauds that they operate. After all, why have one when for little effort and expense you could have a half dozen?
On a final note, the Cryptostars scam website does claim to offer 24 hours online and telephone support. It should come as no surprise that attempting to call them (during standard business hours) numerous times resulted only in being met by an answering machine. Our emails asking for specifics to provide details for our Cryptostars review were unanswered after three days. Classic hallmarks of a typically low rent opportunistic scam. Stay well clear of these crooks.