Realbigprofits.live Review: Scam? or Legit HYIP?
Realbigprofits Review
What is Realbigprofits.live? In simple words, it is an HYIP platform that offers unrealistic returns which is not possible in the real world. Does it mean, Realbigprofits is a Scam? It is a very new website, and it is not different from all other websites that we have reviewed in Investment Scam Category.
Investing money comes with a certain amount of risk. Therefore, to save from any big volatility every country regulates its share market. Many people have been crushed by the dream of earning money instantly. Everybody cannot win the lottery and become a millionaire overnight.
To use Realbigprofits.live or not will be your decision. Our aim behind the Realbigprofits review is to make you aware of the risks and red flags found on this platform.
We never recommend any HYIP site for any use. We have seen hundreds of HYIP sites that turn into scams. People lost their money and then try to get it back but it doesn’t happen easily.
HYIP sites in their initial stage do pay some of their members. Later they just stop paying. It also depends upon the website’s duration. Some websites come for a long duration they pay several times and only to some of its members.
Scam in itself has become a billion-dollar market. It will be good if people study and grasp knowledge about the investment first before starting investing. Realbigprofits.live will definitely turn into a scam later. Its business model depends upon two illegal schemes i.e., Ponzi Scheme and MLM Scheme.
Therefore, keep a large distance from Realbigprofits.live site and do not share your data with them. As they are unscrupulous people who can use people’s data against them.
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Why is Realbigprofits Not recommended?
Ponzi Scheme Model Used
Companies who use Ponzi Scheme always offer unrealistic deals. For example, on Realbigprofits.live they are offering 30% hourly to 139% daily profit.
Another trick used under the Ponzi scheme is that they don’t have any real business model. Realbigprofits have not explained where they are going to invest the pooled money. They have just mentioned they are going to invest in the stock market but which country’s stock market?
There is much ambiguity present in the work of Realbigprofits.live website. Now, the company has offered a good return but without explaining the source of money then how it is a ponzi scam?
Under the Ponzi scheme, the company provides promised return to its old member from the money invested by new members. A chain starts this way. For the same reason, the company pays initially some of its members to get some positive feedback or review.
MLM Scheme or Affiliate Program
MLM scheme promises its members that they will earn a passive income by making new members or from the earnings of its members. Realbigprofits.live is using 3 levels of affiliate program which is nothing but an MLM scheme.
Under this scheme, people work to make new members and earn a commission for it. On the Realbigprofits website, one can earn 10%-2%-1% affiliate commission up to three levels.
All these illegal schemes do nothing for people, they help scammers. Scammers show a dream to earn more in easy ways. People want that and fall into scammers’ traps. Many people are aware of the work of scammers and they save themselves from platforms like this one.
Still many people yearly fall into scammers’ traps. Therefore, it is important to understand that rich people don’t gamble blindly. They do their homework and then put money at risk.
Information of the Owner
Realbigprofits website seems to be a platform similar to mutual funds. But all the genuine and original mutual funds never claim to provide a definite return. They show some probability to get a good return annually but never claim how much and it’s never unrealistic.
All the genuine platforms where we invested we know the company and the people who manage them. It is the most basic property that differentiates scam and genuine sites. Scammers always hide their information. They never provide their info on their website.
Realbigprofits has not shared anything about its owner or parent company. They have guarded their info in WHOIS records which is a characteristic of a scam site. If you want to know which website is right to invest then check their owner info, if the information is easily accessible then the site is genuine.
Other similar scam sites are Capitalincome.ltd, Bit-nova, Dailyprofit, Ibpmoney, Dogemining.
Final Verdict
Realbigprofits.live is not a place to invest your hard-earned money. Please do not use any HYIP platform to make short-term money, as you will get your money back or not totally depend on the anonymous people behind this website.
Share this article with others and make others aware of these common red flags found on scam websites. Any thoughts about the Realbigprofits review are welcome. You are most welcome to share your story, ideas, views, and experience with others by writing in the comment section.
If you think you get scammed then read the article: What to do next when you get scammed?
There are many reasons why we fall for such kinds of scams. Read the following article to clear your perspective, Why We Fall Into Scam?
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