Today we take a closer look on the brand new coinomia.com site. What is Coinomia? A scam or a legit opportunity for you? Can you make a lot of money with it and will the website be around for a long time? These are some of the questions we will discouss. Ok, here we go!
Product: Coinomia
Website: www.coinomia.com
Owner: Michael Davies
Price: Free to join
Who is it for: People who want to make Money online in the form of crypto currencies
What is Coinomia about?
Coinomia is a brand new website that is in prelaunch mode until the 1 November – 2016. It is a crypto currency mining website where you can earn a passive income by investing in buying shares in the company.
It opened up for pre – launch on 9/27 – 2016 and it has gained a massive amount of members in only 48 hours (18,000 members) and is expected by many to be one big success.
How Does It Work?
It is about “cloud mining” and is a platform that allows you to mine bitcoins (and other crypto currencys) without having to download, own or maintain any hardware equipment.
Coinomia rents the most effective and stable mining rig and let´s their members (you) take advantage of it´s great results (According to the Coinomia website).
If you want to mine on your own Coinomia will also provide you with the necessary tools for that.
If you ain´t got any money to invest into the program you can also make money as a free member at Coinomia. You can do that by simply reqruiting others to the website, for that you will be rewarded in different ways.
Can You Make A Lot Of Money With Coinomia?
Yes, you absolutely can! As with all investment opportunities the bigger investment the better returns of course.
However, I DO NOT recommend that you invest more money than you can afford to lose into Coinomia (or any other investment opportunity) as you never know what will happen in the future.
Nothing is granted in this life and that goes for online investment opportunities as well. On the other hand you never know until you try and you might loose out on something very profitable if you don´t try.
You can see on their website an estimated calculation on returns on investments.
Is Coinomia A Scam?
So, is Coinomia a scam or not? Well, for now I am not Calling it a scam it is a crypto currency mining platform that allows anyone to invest into crypto currency.
I have found some obvious warning flags though and you might want to look at the video further down Before you invest any Money into it…
The thing that is most important here is how long the platform will be around (hopefully for years), the massive amount of members joining is a very good sign of course but the video below is NOT.
VERY IMPORTANT TO MENTION!!
The video below explains very good some pretty obvious warning flags for you:
Why You Should/Should Not Join Coinomia?
It is not a wild guess to predict that crypto currencies will be a bigger and bigger part of our economical future, exactly like credit cards became when they first arrived so it might be good to start building up a crypto currency capital in this “unstable economical” time we live in.
However, Coinomia might NOT be the place you turn to for it…
I cannot resist to think about that Norweigan guy who invested around $3 into bitcoins before anyone knew what it was, then when he looked at his investment when everybody started to talk about it it was worth millions of dollars!
Personally this particular investment opportunity exited me alot and I was about to invest at least a couple of hundred dollars into it… Before I saw the video of course…
Instead I will go with Another website and Company that is transparent with EVERYTHING. If you are interested to read about that one you can click here.
If you join or not is up to you but please remember, do NOT invest more than you can afford to loose into any investment opportunity as you never know what will happen tomorow.
Final Words and Verdict On COINOMIA
Verdict: NOT RECOMMENDED!
Overall rating: 4/10
This one exited me at first but now it feels VERY unsecure. Will keep you updated if the “company” will become more transparent in the future… If there is a future for it of course…
It can of course change to a lower rating but also to a higher one of course.
For now I choose to stay on the safe side but will keep you updated for future (possible) changes.
As I said further up, if you are intrested into investing into bitcoins there are other (SAFER) alternatives for you. Click here for the one that exites me the most
As always, keep this in mind:
PLEASE DO NOT INVEST MORE MONEY THAN YOU CAN AFFORD TO LOOSE!
If you do that then you will be fine.
Other Investment Platforms?
If you ain´t ready to start with crypto currencies there is other alternatives for you that uses “normal” money as an alternative (but also crypto currencies).
The best one we have reviewed on this site (and also one I use myself) is Forex Paradise. It has been around for over 2 years now and offer very good returns on investments.
Click here to read more about FP
I hope you found this review of Coinomia to be helpful and now you have a better understanding on what it is all about. If you have joined it please share your experience with us and also if you got any questions about this review I will be more than happy to answer them below.
I wish you success!
John
Owner of: Start Make Stop Waste
Hi John – thanks for providing this review and doing the legwork for us on this one. I’m new to this type of investment and am wondering if it might be something to try, as you say, with a few hundred dollars. Bitcoin does seem to be in the news a lot these days.
Question for you – big banks and other companies that need security getting into blockchain (I’m invested in IBM which is building partnerships in this industry). I know that blockchain is what Bitcoin (anyway) is all about, it is supposed to be super-safe technology. Do you think these cryptocurrencies sites will be strengthened by these developments?
Hi there Randy, thank you glad you liked the Review. I would say go for it if you are interested!
Bitcoins (and other crypto currencies) are here to stay, just like credit cards was a new thing when they came and now as common as a cup of coffe, crypto currencies will be as well.
Your last question I am no expert on but got a feeling that it will strengthen the crypto sites.
Feel free to keep us updated with your progress here as it will help others.
/Thanks for your comment
Hi,
Wow this is really kind of cool. I’m always on the lookout for a new money making opportunity and this might just be the right one for me.
I stumbled onto it a few days ago and I’ve since been reading up on it more to figure out if it’s legit or not.
You seem to think it is so that’s great news. I could afford to invest a few hundred dollars but I’m still not 100% sure if I want to or not.
Thanks for the info. Please keep us all informed on how your investment goes.
Robert
thank you Robert I will keep all of you informed.
/Best regards
Thanks John,
Interesting subject, I’ve heard of bitcoins from my daughter but I could not grasp how or why it works. Also at the time I had no coins at all so I put it on the back burners.
Now here it is again and it seems a little more cleared to me plus I have a little money from selling my land and might look into it more. in fact as soon as I write this post, I’ll do that.
I invest a bit in precious metals and have written articles about uncertain economic times and suggest to my readers to buy Gold and silver. I’ll look into this, Maybe I can add this to my recommendations!
Thanks for the site
Arty
Thank you Forest
So is coinomia legit or a scam? Firstly it in prelaunch mode till November 1st. It opened on 9/27 and since then has gained 18,000 members. It allows you to mine bitcoins without having to own, maintain, or have any hardware of anykind. Of course you can also recruit members to join to earn more money. Can you make money? Yes, but don’t put in more than you can afford to lose.
Lol! Yes, exactly!
It’s appreciable effort buddy particularly for people like me
Thank you! Glad you liked the Review
/Best regards
Hi John…
Thanks for the review…Ur website gives many useful information for newbies like me……
John can u tell me what actually is this coinomia website whether its a job or the business kind thing…can u just roughly say what this bitcoin concept?
Start by looking at some instruction videos on how to do Everything. You might want to check out this Review instead: http://startmakestopwaste.com/what-is-gainbitcoin-a-scam-or-a-very-good-opportunity-for-you
Hope that helps!
/Thank you for your comment
Hey, there John
I really enjoyed reading your review on Coinomia. I am sure that a number of people will give it a shot. Since you can start for free and get paid for recruiting I do not see the reason why one should not.
Another good aspect is that you do not have to install any kind of program. Thank you for sharing that information.
Wishing the best! Keep up the great work!
Thank you! Glad you liked the review.
/Best regards
John, thanks for sharing this. A friend posted a link to Coinomia on our FaceBook group. It had a pretty good review and I think one guy signed up as a result. I was hesitant and with your review, I am now convinced that this site is a no no. Will be sending my friend the link to your article and he will definitely be upset when he reads it.
Yes most people are very exited about it and it is beeing heavely promoted on many places online, especially on Facebook.
I have got to agree with you on Coinomia…whether or not it is a scam is one thing..but I would certainly be extremely cautious investing in any cryptocurrency. I think the concept of cryptocurrency is cool, but there is so much unknowns…and of course the big concern is getting all of your currency hacked and stolen. I’ve seen enough new stories about that already.
We don’t even know that they are actually mining cryptocurrencies.
It just seems like a big pyramidal scheme to me. Let’s see! For now, I agree with you: I wouldn’t suggest joining this website, there are much better – and safer! – opportunities out there 😉
Nice post!
Yeah, I agree wit you that it feels like a pyramid scheme, they even promote themselfs as a MLM so it feels like the risk is BIG.
/Thanks for your comment