There are many Signs which Screams if a certain Website is a Scam or is a Legitimate Company. In this Post I will try to tell you Guys how to Identify Possible Scams as much as I know.
1. High Payment
If an Website gives you a Ridiculous amount of payment Proof it's Possible that is a Scam you are Investing in.
2. Cloud Mining
If by any chance you Sign up for a Cloud Mining Scams you should know this. Legitimate Companies don't give out Free Mining power to anyone. If they are giving you Free Mining power it's Probably a Scam.
3. Regular payments
By Regular Payments I mean a fixed amount of Payment Daily. Bitcoin Mining is very Competitive so if I get 1 BTC for Mining Bitcoin a Day there is a huge Probability that my Second day Payout is not going to be the same as the Previous Day.
4. Low Transparency
When you think of Investing in a Company try to do a Basic Check for their Company and see if they are Transparent enough or not.
I hope You like this Post of Mine.
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