Today we walk into the future, a future that is here. We will look at a site called GainBitcoin. What is GainBitcoin? A Scam or not? Something for you or not? Can you make a lot of money? These are some of the questions this review will focus on. This will be a very interesting review for you. Sounds good? Ok, here we go!
Product: GainBitcoin
Website: www.gainbitcoin.com
Owner: A team of different bitcoin mining experts
Price: Free to join
Who is it for: People looking to invest in bitcoin (mining), and “MLM enthusiasts”
Overall rating: (1.2 / 5)
Verdict: NOT Recommended!
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Important to mention!
Before we go any further into this review I just want to say that this is a review on an investment “opportunity” and those are (in my opinion) never something that you should invest more money than you can afford to lose as you might never know what happens tomorrow.
If you want to invest in bitcoins online, at least do it with something that is proven to be 100% legit. The best thing I would recommend for that is to start learning how to daytrade Bitcoin and other cryptocurrencies with a FREE demo account on SimpleFX.
Click here if you want to learn more about that<==
Ok, with that being said, let´s continue with the review on a “not so safe investment” below.
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What is GainBitcoin about?
Gainbitcoin is a company that was incorporated in Singapore in year 2013. Their registered Singapore address is: Variabletech PVT LTD, The Franklin, 3 Science Park Drive, Singapore – 118223
Their website is a place for anyone to start mining in (cryptocurrency) bitcoins.
Their thing is that they offer you an easy and safe way to buy hash power without having to deal with any complex software setup (or any other hardware).
The company has an impressive number of bitcoin mining farms that are working day and night to make a profit.
Have you ever seen a bitcoin mining facility? Me neither, until I saw the video below.
(Make sure you notice the nice “Company sign” on the wall :))
How does it work?
Gainbitcoin is a team of mining experts (according to their website) with great knowledge in the digital currency sector. They specialize in building the most effective and reliable mining rigs that you can rent
There are no fees to start mining, everything such as pool costs, electricity and maintenance fees are included in the price.
You avoid all the usual problems you can face when you buy mining equipment. There are no delays in delivery, breakage losses, need for sufficient power supply or cooling devices.
You simply select the kit you want to buy, choose the amount and that´s it!
GainBitcoin A Better Alternative Than Other Similar sites?
Like I said above, it is mining made very simple for you.
Other than that GainBitcoin.com offers a bitcoin mining contract that is transparent and convenient.
Last but not least it is very cost effective!
So it “feels” like a very good choice if you are into investing in cryptocurrencies.
If you looking for OTHER similar online investment opportunities where you can invest in the safest investment there is “gold” but also other things like Real Estate and Cryptocurrencies then I strongly suggest you take a look at this page instead.
Is Gainbitcoin A Scam?
So, is Gainbitcoin a scam? Not sure, but it feels very unsafe, to say the least. Especially with that “proof” video with two guys (looking stoned) in front of that nice “company sign” on the wall in the video above 🙂
It is a high risk that this is simply another bitcoin mining website… or maybe a hyip??
The pyramid-like structure inside the member’s area does absolutely indicate that it is a pyramid scheme, with level after level both above you and under you…
It claims to be a registered company). However, I have seen this claims before. It is borderline legit I would say.
The fancy map on their website I have also seen before on other websites that later on have turned out to be complete scams.
However, nothing is written in stone though and you should never invest more money (into anything) than you can afford to lose.
Time will tell if it is a hyip, those don´t tend to survive more than some months or a year in best case scenario.
When there is less money coming into the program than there is going out… it will crash and nobody will get paid… Except the owner/s who will make a run with the money… That´s how those stories tend to end…
Another example of a (most-likely) “hyip” Bitcoin “mining” program is Power Mining Pool.
Don´t get me wrong, you can absolutely make money on this kind of platforms… as long as they work and the website is up and working, of course…
I just think there are better (wiser) ways for you.
Am pretty sure that you deep inside understand this also, we tend to always look for shortcuts as humans, right?
However, like I mentioned at the beginning of this review, you can make a killing (a whole lot more than with hyips) by learning how to “daytrade”.
The top-performing platform in 2017 for that is SimpleFX, they even offer you a demo account and a step-by-step tutorial that teaches you how to use the platform in as little as 2 minutes.
My #1 recommendation for anyone that wants to make daily profit on Bitcoin and other cryptocurrency is to check out SimpleFX
Why You Should/Should Not Join GainBitcoin
This is a clear red flag and a big risk so if you are gonna try it I would strongly recommend to not put more money (or bitcoins) into it than you can afford to lose.
If you ain´t got any money at all you might want to do something else.
However, if you got some money that you feel like investing and try things out, then I would say INVEST IN SOMETHING ELSE, something more safe and stable to speak in plain English.
As I mentioned above, the absolute #1 recommendation if you are interested in bitcoin money gains each day is to start “day trading” or simply just invest in Bitcoins and leave them to grow by itself.
If you want to check out some of the absolute best investment opportunities online you have a list of precious metals, real estate, cryptocurrencies, etc, on this page
Final Words and Verdict on GainBitcoin
Verdict: (NOT Recommended)
Overall rating: (1.2 / 5)
I Think I have made my point pretty clear on this one. I DO NOT recommend it as I DO NOT trust it, At all.
It seems very hyip to me and the video did NOT convince me. Did it convince you? That is also why I give the low 1,2/5 rating.
If you are looking for an investment opportunity there are much better alternatives for you.
You are a smart person!
Stop falling victim for Hyips and Ponzi schemes, there are real investments you can make instead of those fake ones.
If you want to invest in bitcoins, this is the absolute best one I can recommend:
Click here for a Legit Bitcoin Alternative
Bitcoins are without a doubt here to stay and are absolutely an interesting investment option.
I hope you found this short review of Gainbitcoin to be helpful and now you should have a better understanding of what it is and if it is something for you or not. If you are currently using it please share your experience with us in the comment section below, it can help others. Also, if you got any other questions I will be more than happy to answer them below.
I wish you success!
John
Owner of: Start Make Stop Waste
Justin says
A am very interested in learning more about bitcoins, I see where many online merchant are beginning to accept them as a form of payment which I think is super cool. I am not sure if I am ready for a program like gainbitcoin as I am just getting started and trying to figure out what these are and how to use them. thanks for the post
John says
if you are interested gainbitcoins got instruction videos on exactly like how to get started.
/Thank you for your comment
Mark1 says
I have always been interested in mining bitcoins as it seems like a fairly easy way to make money. If done correctly, it could really supplement your income.
Could you expand upon the risks involved in mining bitcoins and what could potentially go wrong.
Thanks very much for your honest review. Because of this review, I will be checking out that site as I know that it is not a scam.
All the best!
John says
Me to have been interested for some time now and it is time to finally start a Little. Well, the risks are just like any other investment opportunity that yu loose Money instead of making more. On the other hand this platform allows you to get rid of the “work” as it take cares of that for you.
However, I Always recommend that you don´t invest more Money than you can afford to loose, if you do that the risks are never big ones.
Thank you for your comment Mark!
/Good luck with your mining
Aldane says
Gainbitcoin sounds like a really good opportunity, I too used to avoid crypto currencies like bitcoin. I don’t have a clear idea of what bitcoin mining is but because of this post I definitely will check it out and if it’s worth it I will join. Keep making content like this to help people to avoid scams online.
John says
Thank you! Makes me very glad to hear you liked the review. It is free to join and you got instruction videos on how to do everything. You find them on the “training tab” inside the members area.
Jerry says
I’ve searched everywhere for information on big mining but everything I’ve found seems to be experts talking to experts ( talk about lost in translation). A way to buy hashpower without a complex set up is exactly what I am looking for. I’ve racked up the costs for setting up mining at home but not worth it for me right now. I think I’ll have to give gainbitcoin a go as I have some knowledge in the cryptocurrency environment.
John says
sounds like a perfect place for you to start! Glad I could help you!
Anjireddy says
Hi john
Can i invest in gain bit coin i am in little confusion
Can you tell me
John says
Well, you absolutely can, it is a risk though so only invest Money you can afford to loose as you never know with this things
David says
Thank you for the review. I’m not super familiar with crypto currencies, so for me personally I’d have liked a little more explanation there. But in general, your upfront warning about an investment opportunity was helpful, and I also appreciated your enthusiasm in the opportunity toward the end. It is definitely something to look into and research a little bit more on my end!
John says
thank you glad you liked it! The best way to explore (in my opinion) would be to look at the explanation videos inside the members area. It is free to sign up and have a look.
/Best regards
Ian says
Hi John,
I have read tons of articles trying to understand bitcoins, but I still only have a foggy idea of what they are. Gainbitcoin sounds like a perfect fit for me, but I do have a question: How much time will it take out of each day to monitor my bitcoin investing, and does it require special knowledge to do? Or is it essentially passive income?
Thanks!
Ian
John says
You invest into bitcoins. The mining is taken care of for you. You can look at the training videos on their website after you have signed up.
/Thanks for your comment
Martinus Kevin K says
Indeed, long time ago, we had a news that suddenly getting rich when bitcoin scoring big on money exchange.
I ever try bitcoin before, that need to work over many task or mining using free software. I’m excited when i tried to mining, but my computer spec seems not let me earn more when i’m away from the computer.
Can you share details needed to get better earning? thanks before
John says
watch the training instruction videos 🙂
/Thanks for your comment
Robert says
Thanks for introducing me to this, it was very new and helpful. The video is so strange and to the newbie like me, it just looks crazy. But you hear about bitcoins everywhere now and a part of me is afraid of missing out on a great investment. I am definitely going to checkout these videos and start gaining more knowledge on bitcoin mining.
Thanks a lot 🙂
jschicanha says
Am very much interested in business and today am so glad to read your article, and i got the very interested topic about bitcoin company.Am interested in your ring to rent so that i can earn profit through your strategic process. Its great that to start mining is for free and maintenance is included also.
Am glad to read your information
Yours
Jose
John says
Thank you Joseph, please keep us updated on your progress if you start mining.
/Best regards
jschicanha says
wow this is quite interesting post ever i have been search for but was not able to get the relevant information but you have finally provided me with some relevant information that i have ever been seeking of
thanks for thee service provided and please you must not hesitate to further update me
regards
Jose
WMP says
Thanks for writing this review on GainBitcoin, I have never heard of the term bitcoin mining before. It’s good to know that GainBitcoin is a legitimate business and it’s not a scam. In the article, you stated that if you don’t have money you may want to do something else. How much does it cost to join GainBitcoin?
John says
well it is actually free to join, if you later invest into it is up to you of course. Think the minimum investment amount is 0,1 bitcoin.
Michel says
This looks like an interesting investment option. Do the take all countries or only USA? Some of these types of sites only take on US citizens.
Thank you for the warning that you could lose all your money. It is like trading in stock. You never know how the markets will turn. You are right to warn that you may lose your investment, so only invest if you have money to spare and not if you need that money to put food on the table.
John says
Yes it doesn’t matter what country you live in, you can still join.
VIKAS says
Jhon feel sorry to say that query handling sytem is very poor, manny times will have to raise query in the portal also need to send an email also query replying time is very long. I have transfered more than 1 TC and less than 2 BTC but i have received reply saying they have received only 1BTC leading me loss, i am planning invest huge amount but this leading me to worry now
Harish says
I am convinced with your reviews. Thanks for the same.
I v invested one BTC in the gainbitcoin. Please let me know, will it be fruitful or advisable to invest further in Gainbitcoin by taking loan from the bank. If i do same what type of challanges/ risk involved for me…
Thanks
John says
I would absolutely NOT recommend that you loan money to invest into this or ANY other “investment site” online. please do not put more money into it that you cannot afford to loose as you never know
Jeannie Brickley says
Hi John.
I enjoyed reading your review of GainBitCoin. It sounds like a scary investment to me. I think you do well telling readers to beware. I don’t know what the smallest amount is one can invest; but anything more than a dollar or two would be too much for me to lose. It sounds like a pyramid scheme that will come crashing down one day. I know I wouldn’t want to be one of the new investers when it does.
Thanks for a well written review for your readers.
Jeannie
John says
Thank you Jeannie!
Jitendra says
I invested nearly 14 lacs into buying 15 bitcoins from Gainbitcoin and was assured a monthly return of 1.5 bitcoin which I thought of investing back 1 bitcoin each month into Gainbitcoin and liquifying 0.5 bitcoin of the 1.5 to payoff the loan I took and use the surplus for other monthly expenses.But I have had the horror of my life from the 1st month when Gainbitcoin had not honoured the contract and only managed to pay me 50% of the monthly 1.5 btc and there is no word on when they will payback the areas.This is going to be my 3 rd month and I don’t know whom to turn to as each time its an assurance which falls flat?
John says
Hope it goes well for you, I wouldn´t expect it to though… So, just be prepared for the worse…
Sincerely
John