Bitsolid AI-assisted Hedge Fund – Is it a scam?
I recently discovered some ways to earn a passive income using cryptocurrencies. Bitsolid promises the highest returns of any Bitcoin investment I have found so I thought I would give it a try.
Bitsold is a Bitcoin investment fund that advertises 3.8% daily returns and only a 45-day investment hold. But I refused to believe it was not a scam. Profit could not possibly be that high consistently…
I read some positive videos on YouTube and did some research. There is very little information available on Bitsolid as it only began a month or two ago. I decided to give it a try anyway to see how it compares to alternatives and my crypto bot.
Getting started with Bitsolid was quick and easy; sign up for an account, no confirmation required. Although I recommend setting up 2-Factor Authentication with Google Authenticator. Then simply make a deposit.
I started on a weekend and realized immediately that the 3.8% mentioned is only on weekdays. Bitsolid produces 1% returns on weekends, citing the lack of trade volume over the weekend. The site projects a total return of 138% over 45 days, but does not perform so well in reality. Only two of my deposits performed at 3.8% for the first day. Most of them have decreased to 2.4% while some are currently at 2.8%. Bitsolid does mention that its rates are based on the performance of the hedge fund, but at this rate it seems possible that I will not even receive my full investment back.
Initial deposit was also simple: Send in a minimum of 0.003 Bitcoin to your investment wallet. Then, it shows your earnings ticking upward in real time. The site also displays other information projected earnings.
I can withdraw my earnings or re-invest at any time. However, there is no option to automatically re-invest earnings like with other Bitcoin investments Bitconnect and USI-Tech. However, initial capital is only locked for 45 days — substantially lower than those two.
The great part about Bitsolid is that you get paid in Bitcoin. So you will not lose any money if the price of Bitcoin increases after you invest.