What is BitsmOnline? Is BitsmOnline Scam or Legit?


BitsmOnline.com Review:- BitsmOnline.com Scam Alert!

 

What is Bitsm Online Limited? Is BitsmOnline.com a scam or a legit? Is BitsmOnline safe to invest or not?

Bitsm Online Limited is a Ponzi Pyramid hybrid which means it is a combination of two illegal schemes and those are Ponzi and Pyramid schemes. These both schemes are illegal and unsustainable schemes. So, BitsmOnline.com is a scam and isn't safe to invest money.

 

You can find out more details on Ponzi and Pyramid schemes by clicking the following respective links:-

 

Ponzi scheme:- newsonlineincome.com/ponzi-scheme/

Pyramid scheme:- newsonlineincome.com/2017/03/06/what-is-pyramid-scheme/

  

Now it is clear either is BitsmOnline a scam or a legit, what is BitsmOnline.com in real. However, you don't have to search any other BitsmOnline.com reviews even to find out more details on this company, because here, within our BitsmOnline review, we are going to provide the complete truth about this company. So, you search for BitsmOnline reviews ends here.

 

OK, let's begin with our detailed review of Bitsm Online Limited as below.


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BitsmOnline complaints. BitsmOnline fake or real? BitsmOnline legit or fraud?

BitsmOnline login and join in link:- BitsmOnline.com (Not recommended to join, it's a scam)


Why is Bitsm Online Limited a scam? Let's find out more details.

Aforementioned, we already made you clear Bitsm Online Limited is a scam because it is a Ponzi Pyramid hybrid, however, maybe now you want to know why is it a Ponzi Pyramid hybrid and what are other factors which makes it a scam and so on. If so, then you can find those details as below:-

  • BitsmOnline is a Ponzi scheme because it claims to pay the unsustainable rate of return such as 215% profit after 3 days and also claims it can make such huge amount of profit by investing in cryptocurrencies, stock trading and forex market. However, that is completely bogus claim because the real companies related to cryptocurrencies, stock trading and forex market never can guarantee such high rate of return on such a short period of time.
  • It is clear that BitsmOnline is not making any real profit and only routing the money between the members and that is also only to pay few members at starting in order to show the payment proofs so that it can lure more people into its scheme and collect the huge amount of money and run away with that. These kinds of schemes are known as a Ponzi scheme which will not pay the majority of members at the end.
  • On the other hand, if any company can guarantee to pay up to 215% profit after 3 days, then why even that company needs to collect the investment from several people by paying them up to 215% in 3 days instead of taking a loan from a bank in much more lower rate, less than 1% monthly if they need to raise a fund to invest in their project. So, this again proves the business model of BitsmOnline is bogus.
  • BitsmOnline is also a Pyramid scheme because it offers 5 level referral commission same like MLM (Multi-Level Marking) companies, but on the sales of its ROI Ponzi plans, not on the sales of any real products or services. So, if any company offers the referral commission up to multi-level downlines without selling any real products or services, then that company falls into an illegal scheme category known as a Pyramid scheme.
  • Don't go after its UK Companies House registration document, that is not the proof of legitimacy. Anyone can provide the fake details to register a company in the UK Companies House. If you want to find out in detail how the companies are registered in the UK Companies House, then you can click this link:- newsonlineincome.com/scam-companies-registered-from-uk-companies-house/
  • In the past 1000s of companies similar to the Bitsm Online have already scammed millions of money from many people which once again proves Bitsm Online is one of those scams.
  • Legal authorities have already seized many similar kinds of companies. Involving with these kinds of companies is a crime and legal authorities have already issued a warning to the general public to stay away from these kinds of companies.

Aforementioned, now it is clear that Bitsm Online Limited is a Ponzi scheme with unclear owner details. So, BitsmOnline is a scam. That's why we have listed it in our Bad and Scams category. So, your search for Bitsm Online reviews ends here. Now, maybe you want to find out the genuine and trusted ways to make money online. If so, then you can find the list of genuine and trusted online works and businesses by clicking this link:- newsonlineincome.com/legitimate-work-home-businesses/

 

Among those genuine online works and businesses, our No.1 recommendation is Wealthy Affiliate about which you can find the details by clicking this link:- newsonlineincome.com/wealthy-affiliate-review/

 

If you are tired of scams and looking for the ways to detect either any site is a scam or not by yourself, then you can find some tips by clicking this link:- newsonlineincome.com/2017/03/23/how-to-know-scams/


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