Sficoin (ICO) Scam? Honest review reveals all detail facts

Have you been wondering about sficoin? Maybe get a review of how works, its features and what it can offer you? Well, you’ve reached your destination because I’m going to share my honest sficoin review.

Before I start…

If you’re tired of scams and want a real solution for making money online check out Bitconnect.

Sficoin Review

Here you’ll find my honest Sficoin review giving you the real details.

I write reviews that are not compromised. Specifically on making money online through the latest digital products and systems. From my experience of writing more than 500 reviews, I have become better positioned to give you straight points on what will work for you and what won’t. I not regularly expose scams in the make money niche and more lately cryptocurrency niche having busted the likes of scam.

Okay, enough of my credentials, let’s get down to the SFICOIN Review.

Now, a lot of eyeballs have been rolling towards this company and high chances New that they are in the process or have already contacted you about the opportunity, most likely through the email. Along the review, you’ll get to know what this company is, products they offer and some of its other features to enable you to be in possession of all necessary information you require to make a full and well-thought decision on this venture.

Establishment of the Sficoin company

On looking at the domain “sficoin.co”, I can swiftly substantiate that the company behind the purchase of the domain has withheld its details. Hence what we know for now is that this domain came into existence on Nov 22th, 2017 when it was first registered. When you take a trip inside the website of the sficoin, it relinquishes a very professional look and also comes with an introductory video of its own but when you dig a little deeper, what you only come across is a few shallow pages with little content.

Sficoin Reviews

There is no physical or digital product. What they are only showing us is that opportunity provided for you to earn daily returns’ on your invested money is through its affiliate programme. What this basically means is that when you put your Bitcoin into Sficoin account, is only when you get your daily returns’. The deposited Bitcoins become Sficoin coins and from here it’s used daily inside the company as a “Return on Investment” (ROI) that will enable you to earn. It’s very similar to other programs I have reviewed lately Bitconnect .

All ROIs are priced at 48% profit for any amount you invest in the company and if you get to join the affiliate programme inside Sficoin, earnings are guaranteed as well. Their compensation plan goes with the different levels available and one earns different referral bonuses percentage per each referred affiliate depending on the level they are in.

Sficoin Registration Fee?

It’s absolutely free to join as well as no recurrent fee thereafter. However, the affiliates referred are needed to put an upfront investment fee of between $100 and $100,000 for them to join and start earning returns as well as for the compensation plan.

Obviously nothing is free you need to actually invest money and recruit other people if you want to see a profit from this opportunity.

 

 

Sficoin Scam?

Is Sficoin scam or legit? That’s what many people are asking right now. To me this looks risky and has ponzi scheme written all over it unfortunately. There are a lot of Sficoin reviews which say how great it is but I think the long term potential is poor and it looks similar to other ponzi schemes I have exposed lately like list of ponzi fake site.

That is what many of these cryptocurrency opportunities all have in common. Existing investors get paid off with funds from the new investors meaning when this no longer becomes an option, which will happen, sficoin will shut down due to failure on meeting the supposed crazy returns where they will rip off the remaining investor’s funds and disappear, never to be heard off again.

In some ways you could argue that these kind of schemes that run off Bitcoin are actually worse than traditional ponzi schemes that use cash for the simple reason that Bitcoin is untraceable. That means that the owners could easily run off with your Bitcoin and you would never be able to see it or trace it again.

Let me be clear on Sficoin…

I’m by no means saying this WILL definitely happen, but if you look historically at these kind of programs it’s usually what does happen.

The problem is many bitconnect reviews are put together by affiliates. So naturally they write biased reviews in favour of the company so that they can recruit you. The truth is people will make money with this in the short term but the long term? It’s just a matter of time until people are shouting “BitConnect Scam” and running a mile.

Sficoin Verdict & Recommendation

I simply cannot recommend Sficoin. I feel that it’s a risky business model and newbies could easily lose money.

Sure you could end up making lots of money with Sficoin but is it worth the risk?

Want to see what I do recommend?

Know more about crypto currency market,

Latest list of Bitcoin investment and mining scam site/portal.

Is it possible to lookup or track Bitcoin transaction?

How to transfer money from PayTm to other mobile wallet.

Before you leave…

If you’re tired of scams and want a real solution for making money online

check out my no.1 recommendation. I’ve personally been able to generate an extra $12500 in the last few months from using this: Bitconnect .