Connect With Us, Get Our Analysis, Recommendations, News, Tutorials and More...
FACEBOOK
400+
WHATSAPP
300+
TELEGRAM
100+
YOUTUBE
200+



'Be prepared to lose it all' - German Regulator Issues warning on ICO's


ICO - initial coin offering is a form of Investment where a business issues or sells tokens (shares) to investors in order to raise capital.

It has become a get rich quick scheme, as investors go from hundreds to thousands of dollars in profits in a short while - well this is if you know what you're doing because you can also go from thousands to nothing.

Well you can check our ICO ratings below or on the sidebar to choose from our list of possible future giants that can change your life.

The BaFin, Germany

Well, Germany’s primary financial and securities regulator has joined a growing list of global counterparts in warning investors of initial coin offering (ICO) risks.

The Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), German for the Federal Financial Supervisory Authority has warned investors of “substantial risks” in “highly speculative” ICO investments.

In a notice published yesterday, the financial authority wrote:
ICOs are a highly speculative form of investment. Investors should therefore be prepared for the possibility of losing their investment completely. As is the case with most new trends, the high level of public interest in ICOs is also attracting fraudsters. ICO funding, a radical new form of fundraising where startups and companies raise capital in cryptocurrencies in exchange for blockchain-based tokens, cannot be compared to the issuance of shares from ‘either a technical or legal standpoint’, the regulator added.

ICO-issued tokens are also “often” prone to significant price volatility with the added risk of absent secondary markets for investors to liquidate their tokens, BaFin said, adding that the information presented by ICO operators are also “often insufficient.”
“Due to the lack of legal requirements and transparency rules, the consumer is left on their own when it comes to verifying the identity, reputability and credit standing of the token provider and understanding and assessing the investment on offer,” read an excerpt from BaFin’s notice to investors. “It can also not be guaranteed that personal data will be protected in accordance with German standards.”

The consumer advisory went on to add that consumers should be fully certain in understanding the risks and benefits of the project before participating in an ICO.

Further, the regulator highlighted the “systemic vulnerability of ICOs to fraud, money laundering and terrorist financing” which could lead to authorities taking action “against operators or other persons or enterprises that are involved in such illegal dealings.”

Although the notice stopped short of issuing guidelines for ICO operators, the authority confirmed a more detailed take on ICOs and their risks, for consumers, on November 15.

While authorities in China and South Korea have issued blanket bans on ICO activity, regulators in other jurisdictions like Australia, Thailand, Abu Dhabi and even Russia have been more accepting of ICOs.

Let's hear your thoughts, use the comments and join the discussion.

DO YOU WANT TO START INVESTING ONLINE SECURELY?

Invseting Online is a great way to earn passive income especially if you want good returns and don't understand the huge technical grammer sorrounding Investing (Stocks, Bonds, ICOs and start ups, Cryptocurrencies, Forex E.T.C.) .
Aside that, Truth is 99.99% of companies on the internet are SCAMS with only 0.01% standing out as Trust worthy and reliable ventures... Now this legit companies might not be giving away mouth watering percentages but will certainly earn you some very good income.

To save you the stress of falling into scammers we've listed some potentially 90% legit companies and their income potentials below... If you want stable and reliable companies, Then check these out below;

BITINVESTORS CLUB P.M.S

Our portfolio management services (P.M.S) run by our team here at Bitinvestors Club earns our investors from 2% to 5% monthly revenue without any risk as we invest into real businesses only.


1. DUALMINE (Cloud Mining)

Legit crypto cloud mining company owned by Cryptonits LTD. Pays up to 25% monthly for 2 year. 100% Legit company. Plus get X5 deposit bonus Offer Now And Earn 25% or More Monthly.


2. BIGMINE (Cloud Mining)

Legit crypto cloud mining company. BIGMINE Pays from 16% up to 25% (20% monthly on average) monthly for 3 years. 100% Legit company. Join Now to get amazing Bonuses.


3. CRYPTONORAS (Cloud Mining)

Legit Bitcoin Cloud mining company owned by Crypotonoras LTD. Pays from 0.3% to 0.8% daily (10% up to 24% monthly... 15% monthly on average) for 1 year. 100% Legit company. Plus get several deposit bonuses and Offers.


4. IQ MINING (Cloud Mining)

Legit Bitcoin Cloud mining company owned by IQ mining Corp. Pays up to 18% monthly for 1 year, 2 years up to Lifetime Contracts. 100% Legit company. Plus get several deposit bonuses and Offers.


5. SOCPAY (HYIP)

New and Paying. Socpay is a social mining bot that pays from 0.7% UP TO 1% everyday. Earn From 20% up to 30% in pure PROFITS monthly without Risk. Get $2 Free deposit bonus once your signup


6. EMINE (HYIP)

eMine is an AI powered crypto mining company with several opportunities, pays 3.6% every day for 60days (216% ROI in 2 Months). Shortterm opportunity.



Bitinvestors Club loves you and your success is our PRIORITY. Join our club to ensure security of funds and regular risk free passive Income.


ALERT: Don't lose Your money anymore to Bitcoin and Cryptocurrency Investment Sites, Learn how to Invest and make $5,000+ Daily - Join our Investors Club Here and start now, Or do it yourself after taking the Crypto Millioniare Materclass For just 30days and become a pro.

Subscribe To Our Free Newsletter And Get Our Latest Reviews, News Updates & More Via Mail

Important Notice: Never invest money you can't afford to lose. Always do your own research and due diligence before investing funds. Kindly Read our Investment Tips from the main menu, And our Terms & Conditions for more.

Thank You For Reading This, But Why Not Air Your Opinions And See What Others Are Also Saying About This, Kindly Scroll Down And Join The Discussion.

logo

BitIvestors Club Is An online investment and Investors club dedicated to providing investors with legit online investments, offline investments and investments tips with our major focus on cryptocurrencies, forex and other online investments.

On BitInvestors Club we are dedicated to providing our Investors with Bitcoin and cryptocurrency news, Bitcoin and Altcoins tutorials and courses, Investment tips and courses, Cryptocurrency Investment and earning Opportunities, Reviews, Forex and binary options trading courses and tips, Broker Reviews E.T.C.

With BitInvestors Club You Will Learn How To Invest Securely on Bitcoins and Altcoins, Forex, Binary Options and More, Get Investment Platform Reviews And Put Your Money On Genuine Programs. - READ MORE ABOUT US

ABOUT THE CLUB

On Our Investors Team, Club members pays $10 Monthly Fee Or $100 Yearly Fee. The Benefits Of Being On The Team Is enormous.

Get to know about what we invest on first hand and do the same to avoid risk.
Exclusive information on when to how much to invest and how to handle risky platforms (HYIP).
Insurance from Most Companies on invested funds and more added benefits.

Also, Our professional team can also manage investors portfolio and returns a 2% Up to 5% monthly profit for 1 year then the investors capital released. i.e We trade, Lend and Invest your funds and Returns 160% Annually (100% capital and 60% net profit).
LEARN MORE AND JOIN THE CLUB

GET IN TOUCH

Having Any Questions Or Want To Contact Our Team. Our Support Is Active 24/7.

  • Telephone
  • +2348103171693

  • Email
  • Legitcryptobiz@gmail.com

  • Pay Us A Visit
  • No. 1 Asingba Close, fak road, Yenue-zuegene, Yenagoa, Bayelsa State. Nigeria.

  • Working Hours
  • Mondays — Fridays (WeekDays): 8:00AM to 6:00PM
    Saturdays & Sudays: 10:00AM to 6PM

    QUOTE

    Cryptocurrencies are the future, Investing in this innovation is for revolutionary multi millionaires. It's Volatility and profits are magical, Very few industries may guarantees such huge profits in short or long term with cryptos and it's opportunities. Bitcoin and other cryptocurrencies will greatly replace fiat currencies. Join us now on Bitinvestors Club as we harness the innumerable benefits of cryptocurrencies and how to earn with Cryptos, Options, Forex, Bonds, Stocks E.T.C.
    - Asingba Samuel, CEO BitInvestors Club
    DISCLAIMER: We do not Own, Recommend or Promote any of the Investment Programs you can find on BitInvestors Club. The information presented above is based on statistical data and personal experience – its authenticity is not warranted. We'll not be held liable for any loses incured, Always do your own research and due diligence before Investing your funds. Please also bear in mind that all forms of Investment(s) involves some level of risk. We do not recommend you to Invest what you cannot afford to lose.