If you want to earn safe Bitcoin online, you need to read our full Bitpetite.com Review first! In this conclusive report, we have gathered the information you are looking for in order to safely invest your BTC.
Things aren’t always as they seem! And you need to read our article before you send Bitpetite HYIP your money! Please share this post on social media to warn others and help us in our mission to shut them down!
If you need investment advice or need help researching a particular site, please contact us and we’ll let you know what we have information on!
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Official Website: https://bitpetite.com/home.html
Bitpetite.com is a HYIP or high yield investment program that offers an ROI (return on investment) of 4.5% daily. The only accepted currency is Bitcoin. Btipetite.com scam is slightly different than other HYIPs because they claim to also offer a service. They claim to offer a secure Bitcoin transaction service that offers you anonymous protection when sending BTC.
Does this service work? Firstly, when you open a discussion about sending anonymous BTC, you need to realize that such a thing is something only people with something to hide will be interested in. If you don’t need to hide your money, why are you worried about sending anonymous BTC?
We have written extensively on this site about the dangers of using BTC online. We don’t like to be the bearers of bad news or a party killers, but BTC carries a significant risk. When you add another layer of secrecy to it, it only becomes MORE dangerous. Don’t get us wrong, we LOVE Bitcoin and BTC can and does play a powerful role in today’s financial sector. We use it as well!
However, we do not believe that anonymous BTC, when combined with an unregulated HYIP, is ever a good idea. Why? If the site decides to take your money or hack your account, who’s watching out for you? Nobody! Bitpetite scam is NOT regulated no insured against hacking. In fact, they are a brand new site that has virtually no positive feedback.
We would personally NEVER use this service to send BTC because we do not trust it. Plain and simple. Not only do they offer a shady looking “anon” BTC sending service, but they also operate a HYIP scam that is just a Ponzi in disguise. Why would anyone want to be a part of that? Everyone knows that HYIP scams always fail and always close. So please heed our warning! Bitpetite is a scam and should not be used in any way!
Despite offering a BTC service, they claim that they also have a lucrative investment platform. The notion behind the Bitpetite is that they use YOUR money to improve their money sending service, which then allows them to charge higher fees for the service which they share with you.
If you were wondering if this was a true story or not, you can rest assured we are pretty darn sure it’s fake. Most HYIP scams are just Ponzi schemes going by another name. A Ponzi scheme is when an investment group using money deposited by Group B (secondary investors) to pay investors in Group A (first investors). This means that the company is not actually making NEW money, it is just moving money around in a circle until it runs out.
How does the money eventually run out? As soon as the program stops getting enough secondary investors to join, they stop taking in money and can’t pay their Group A investors. This is typically when they freeze accounts, claim to be hacked, and beg their investors to deposit new money. When this doesn’t work, they simply take whatever money is left in the BTC and disappear.
Before you join any HYIP, you need to ask yourself a few pertinent questions.
1. Who owns and operates Bitpetite.com scam?
The owner is anonymous, just like the money service they claim to offer. Whenever you are dealing with an owner that doesn’t want to show his face, you should be getting a strong sense of danger. This is NOT a safe encounter!
Would you trust a stranger on the street to take your BTC for you? What if the stranger had a nice website but still refused to tell you his name? We hope that you would NOT give him your money. But the truth is… thousands of people do exactly this every day. They give their BTC over to complete strangers on the internet just because that stranger had a nice website and some nice promises. BIG mistake.
2. Are they regulated?
Bitpetite scam is NOT regulated nor insured. This means that nobody is checking on them to make sure they follow the rules. They are operating on their own without the knowledge of any financial police. When you deal with an unregulated service, you are just asking to be scammed.
Never invest with a site that is not regulated, unless you are absolutely sure you know who and what they are. In the case of Bitpetite.com HYIP scam, you should NOT trust them.
3. Is Bitpetite.com Paying?
We have not received any reports from our readers that Bitpetite.com is paying. However, we have taken notice that several other sites are claiming that they are paying. This can be pretty deceiving considering these same sites are offering a referral link to sign up with. It seems they will lie just to get a commission. Why don’t we trust other review sites?
All of the other HYIP review websites are also claiming that multiple other scam sites are not scams. We have heard from SO many of our readers that lost thousands of dollars in scams that were supported by these other review sites. That is why we have lost faith in them.
Should you join Bitpetite.com scam?
We do NOT advise joining this site at this time. In truth, we don’t support very many paying systems because we are extremely leery of most things on the web. We have seen and heard too much in this industry to keep the faith in it. We do have a very select few services that we truly believe in and those are the ones we support.
Most people caught up in a HYIP scam will be lied to so many times, they will end up depositing multiple times just to get one small withdrawal. In the end, they have lost a lot more money than they ever even fully committed to.
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If you are one of the millions of people trying to earn money online, you are clearly not alone! Earning living online offers a life of freedom and opportunity! Don’t fall for the idea that you can become an instant millionaire in a few weeks by signing up to some software or high yield investment Ponzi scheme site. These types of earning programs will always scam you!
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After examining the evidence, we have concluded that Bitpetite.com is a scam site and should not be trusted.
If you have already lost your money, please note that while sharing your story is helpful, you won’t be able to get any of your money back. Anytime you use BTC online, you are assuming the risk of losing it. Blockchain doesn’t give you the option of disputes, so you are on your own. However, please share this post in order to warn others!
Stay safe online and as always…