Risebit.io Review: Risebit Scam Alert! It's Not Legit

Beware of Risebit.io scam site. Yes, Risebit.io is a scam because its business model is not legit. We don’t deny that sites like Risebit may pay few members at starting, but they will not pay the majority of members at the end. OK, let’s find out in detail why is Risebit.io a scam, what makes Risebit a scam and what is Risebit.io in real through our Risebit review here.

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Risebit.io is a fraudulent website due to the following reasons:-

# Risebit.io is a Ponzi scheme which is neither a legal nor a sustainable scheme. Legal authorities have already warned the general public to stay out of the Ponzi scheme due to its unsustainable nature. The majority of members will lose their money in Ponzi scheme and only a few ones who join the system at first will make some few bucks due to which you will find out some few people who promote and support some Ponzi schemes.

# We can say “Risebit” is a Ponzi scheme because it doesn’t have any real source of income to pay profit to its members. It claims to double your investment in 24 hours but hasn't provided any details from where it makes such profit which proves it doesn’t have any real source of income and only can pay members by routing the money between the members which is not a sustainable business.

# All the Ponzi schemes like Risebit.io trick people by showing the real payment proofs because they pay few members selectively by routing the money between the members so that they can lure more people into their scheme by showing those payment proofs. However, it is practically not possible to pay all members in that way because when they pay one member, they need to use the money invested by at least other two members so that they can pay the principle and profit to that one member. But, whenever they pay members in that way, they will create a debt equal to the amount of profit that they use to pay the members. So, even Ponzi schemes like Risebit.io want to pay all members they can’t because day by day the debt will be kept on increasing and they will not have enough fund to pay all members. That’s why Ponzi schemes like “Risebit” are illegal schemes.

# Risebit.io hasn't mentioned anywhere about who and from where is operating and running Risebit and has also concealed those details in WHOIS. However, only scam investment companies hide such details, not the legit ones.

# When we check in WHOIS details, we found the registrar of Risebit.io is used by a high percentage of spammers and fraud sites

Now you know that Risebit is a Ponzi scheme. So, Risebit is a scam. That’s why we have listed Risebit within our “Scams” category.

If you want to report something about “Risebit” or add your own Risebit.io reviews, then please feel free to leave your comment below.

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You can find the various kinds of scams listed within our “Scams” category by clicking >HERE< or you can navigate our website through our home page to find out the several interesting and knowledgeable articles under different categories by clicking >HERE<

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De Roka Author
I am De Roka, also known as Suman Roka. I'm the Author, Editor, Researcher, and Founder of De-Reviews.com. I've been working online since 2009. Since 2014, I've been researching scams to protect people from falling for them. I've saved many folks from scams by exposing their true nature before they can trick anyone. Until now, we have saved 20M+ people from 40K+ scams. If you want to learn more about me and my team, you can visit our About Us page. You can find more about me on my Facebook profile as well.

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