1. Try to recover all investment in less than 1 year.
This means 100%+ ROE per year. It is nothing-special in Cypto World, but please just don't do it - you may be much smarter than Warren Buffett, but he didn't get a 30%+ ROE per year in last 5 decades.
https://www.cryptocompare.com/mining/#/companies This is a list of latest companies with names in the Crypto mining business - some sell miners, some build farms, some do the fishy “Cloud Mining” business, and some even went to IPO in US or Canada stock exchanges - however, if you read through all the comments, it's not a magic to see, more than 60% of them were scams - a.k.a they take your money, break their promises and somehow let you down, completely or incompletely.
Why do people fail in a market that goes up 6 times in 1 year? I am not a preacher. If you want a discussion, pls reply my post, or send me an email by morris@ici-cn.com. I am happy to reply your post, or talk with you if you are serious in this question.
2. Trust any business who don't disclose their address or phone.
Guess why a business owner doesn't even disclose their precise address or phone on their official website - obviously they don't want to be traced back - by government or by customers.
They don't want to be contacted with - but they are doing the business, a.k.a they want to make money from your money.
The logic is - they want a portion (or all) of your money, but don't want you to push them for your expectation. If they may fail your expectation (which may be already planned at the start), they don't even want to say Goodbye.
So any time you want to do some business with someone in Crypto business, find their physical address and phone number on their official website or Facebook/Linkedin account, and see if they reply you directly in a good manner.
3. Trust anyone who sells you a periodical contract of revenues.
Google a Coin called Bitconnect, which already failed couple years ago, and you'll understand how it works.
All rocketing market would easily attract enough attentions, and naturally warn the “prudential investors" - hey I don't want to deal with the 50%-up and 80%-down things - can anyone help me iron the curve and bring me an easy-going pure cashflow, like 20% per-year net revenue, then I can proudly tell my LP/wife/investors, look how SMART and SAFE I am!
This philosophy explained why so many people lost their family money so easily - I am an Amateur, so I have to trust someone professional, like Enron, Bernie Madoff, or someone looks shiny, professional, and high-profile.
Don't do it - any time you want to trust some guy like this, think if you know how to make 20% pure ROE, will you share it with anyone else? Look into the mirror and answer yourself, please.
_____________________________
In last 15 years, a dozen of our old friends asked me, Morris, how can I trust you?
“No, you cannot trust me. I don't even trust myself.” - I always gave the same answer.
Usually, then they ask, if I don't trust you, how can I do business with you?
“Test us - ask me questions about products I sell, financial plans, where is your office, can I visit your office, do you really have the product in your office or is it somewhere else?” - the same answer too.
Test us - bottom line is, life is ugly, but we guarantee 1 thing - let's face the ugly world together, and we will not run away when shit hits the fan. If we turn weak in some aspects, we shall tell you upfront and directly - don't do the business, or don't do the business with ICI.
Good luck with your family money, guys.
Morris, ICI (morris@ici-cn.com +86 13901209254)
ICI - Network Expertise Helps You Succeed
