In the cryptocurrency world, there are many projects which raise a lot of questions. Some concerns have been raised regarding AMFEIX, primarily due to the promised big returns.
Any project providing steep returns on investments is best left avoided.
AMFEIX Raises Some Concerns
Not all of them are an immediate scam, but more often than not, this is merely a matter of time.
In the case of AMFEIX, the company claims to offer a return of over 100% per year.
On a monthly basis, that equates to over 8%, which is impossible to guarantee.
Even when engaging in DeFi, the best rates one can expect is 18% per year.
AMFEIX positions itself as a cryptocurrency investment fund, which can be a lucrative business model when done correctly.
However, there is no guarantee of any returns, let alone a 100% return on investment.
What is interesting is how, allegedly, it is possible to withdraw one’s deposit at all times.
Honoring those withdrawal requests may be a different matter altogether.
It would appear that most online reviews pertaining to this platform are overly positive.
That in itself can be a red flag, although one shouldn’t jump to conclusions either.
If something seems too good to be true, it is better to avoid it.
Chasing get-rich-quick schemes has never made anyone any real money.