Binomo – a HOT topic no less than “Bitcoin” in Vietnam, the level of interest in Bitcoin has decreased significantly when the cryptocurrency market recently dropped seriously, but Binomo is still searched by many people like what is Binomo? Is Binomo a scam? Should I play Binomo? How to make money effectively with Binomo? Instructions on how to play Binomo? This article I Love Bitcoin will learn with you about Binomo and the true story of making billions from playing Binomo in Vietnam.
What is Binomo?
Binomo is an exchange in the form of “binary options” (Binary Option), actually playing Binomo is not an investment but it is more like “gambling”. The way Binomo works is simply the choice of increasing or decreasing (up / down) in a certain period of time, if you choose right, you will have money, and if you choose wrong, you will lose money. You imagine Binomo like a game of fainting in gambling.
Transactions on Binomo is divided by time zone, where customers can exchange and buy and sell currency pairs, stocks and commodities for profit through the Binomo web service page. Customers can use currencies when trading through Binomo such as USD or EUR, GBP at the moment Sign up for Binomo on the web.
What are binary options?
Binary Options (dual option, digital option, all-or-nothing, or fixed-rate option) – A type of all-or-nothing option in which the full payment is Valuation occurs if the underlying asset meets a pre-determined condition at maturity, otherwise it matures with no value.
While binary options theoretically play a role in asset pricing, they carry the risk of fraud and are viewed by regulators in many jurisdictions as a form of gambling and are prohibited. . Many binary options trading companies have been exposed as scams. US FBI is investigating binary scams worldwide. According to statistics, binary options scammers have taken US$10 billion per year globally.
Binary options trading is not yet regulated in any country. It is now possible to legally engage in binary options trading in Vietnam. Unlike the foreign exchange market, the dual options market is not under the management of the State Bank of Vietnam. According to the Wikipedia.
Is Binomo a scam?
Binomo scam? Is Binomo a scam? Those are the questions asked by many people when they are new learn about BinomoThis is quite understandable because the psychology of investors participating in any form of making money online is also afraid of being scammed, especially on the internet environment. Currently, it’s hard to say that “Binomo is a scam”, but I can confirm that Binomo and its supporters (checking money through affiliate marketing) with Binomo are “advertising” about how to make money. this.
If you have ever logged into Binomo’s website at least once, then after logging out to visit other news websites, you will surely encounter ads about Binomo, be it photos, videos, ..they always talk about profit without mentioning risk when play Binomo, although Binomo in my opinion is “extremely risky”. You will often encounter ads like “How did I make billions from Binono?“,”The 25-year-old girl bought a house and a car thanks to making money from Binomo?“,..and many other ridiculous PR videos about Binomo.
Another point that I see Binomo is doing very well to “seduce” investors to join the game is, after users Sign up for a Binomo account After that, they will receive 1,000 EUR in Demo account for “trial trading”, this money you are not allowed to withdraw, but only used to play Binomo, and most of the “trial” users win, but when they deposit real money to play, they lose more. is win. Sometimes you see the chance to win up to 99.9% and then only 1.2 seconds to lose, this has made the loser want to invest more and more to remove the gauze according to the “one shot up” mentality. First, two shots are taken back” and dropped to the floor. The more you remove the more you get stuck, the more you quit, the more you regret playing again, never knowing when to recover your investment.
Some information that many customers think Binomo scam when related to the deposit case, received a successful notification but did not see the money in the account, was betting but was pushed out and not refunded … explained by the broker Binomo Vietnam as a website error , internet system error, banking system error. And because investors do not understand the law and investment methods, they attribute Binomo to a scam.
However, a professional investor in Binomo said: “Binomo is a reputable broker, but it is not appreciated if it is a Vietnamese broker“.
Nowadays it is difficult to say that Binomo is a scam because many people have successfully withdrawn money through BaoKim microelectronics and some banking systems linked with Binomo. However, through fact-finding, Vietnamese investors are mostly in the southern region. Is this incident a marketing strategy aimed at the fair, easygoing and gambling mentality of people in the South.
Should you invest in playing Binomo?
In this part, I will say my personal opinion after directly playing Binomo as well as consulting many opinions from the community who have played Binomo. In my opinion, “DO NOT PLAY BINOMO“, because it is too risky, the price going up and down from Binomo seems to have no basis for analysis, to come up with an effective Binomo strategy, always win. Have you ever assumed that these orders are all “pre-programmed”, ie they can “let you win, you win” but “like if you lose, you will lose”?
Binomo It’s no different from “gaming with the machine”, for example, when you play cards with friends, there is still a chance to win, but when you play with the machine like “playing slots”, what is the probability of you winning? ? Sure it’s extremely low, and only with “lucky” you can win, but can you be lucky forever? Therefore, do not play Binomo.
If you are looking for a form of venture capital investment but besides there are very good and potential money making opportunities, you should join. cryptocurrency market, or is it Bitcoin (BTC), although the market is currently in a difficult period when most coins plummet, its potential is still huge. If you know the cryptocurrency market since the last months of 2017, you can completely “get rich quick” thanks to Bitcoin investment or Altcoins. You can learn more about Bitcoin and cryptocurrencies through the article below:
Be careful with Binomo’s advertising “tricks”
Right now, I still see Binomo are very actively advertising on communication channels, social networks and even “traditional advertising” such as placing advertising banners at major intersections and intersections of Hanoi, Ho Chi Minh City, crowded places to attract people’s attention.
Besides, Binomo It is also very hard to “invest” to rent Youtube channels with a large number of subscribers for advertising, you will easily come across Binomo video tutorials on major Youtube channels like NTN vlogs. Recently, Binomo even hired a famous football player of the U23 Vietnam team Van Thanh to PR for your exchange.
Besides, Binomo has a form to help participants make money in the form of “multi-level”, that is, when you invite other people to register, recharge to play Binomo through your link, you will receive % commission from Binomo’s system. You can go to Google and search for keywords like: What is Binomo? Is Binomo reputable? How to play Binomo? Experience playing Binomo? Make money with Binomo? how to deposit money in Binomo, withdraw money from Binomo,..will have hundreds of thousands of results, most of these sites are “flattering Binomo to the clouds”, they talk well about Binomo and advise users to join the game to make easy billions, but in fact they themselves have not must have been human play Binomo, they only refer to “receive commission” only.
Epilogue
Ok. This is all I want to share with you on the topic Binomo, I think you will find a lot of useful information about this form of investment, and make your own decision Should I play Binomo or not?? I cannot prevent you from participating in Binomo trading, I only raise doubts about it, and my personal opinion is that you should not play Binomo, you must be very careful when Binomo investment if you don’t want to “lose your money”.
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