Published on February 6th, 2020 | by Sara Kane1
Hodium Review: An Absolute Scam!
Hodium is an online company registered in the UK; they position themselves as an investment firm for cryptocurrencies and try to attract people with no knowledge of the cryptocurrency market. Many such companies are online companies that have absolutely no history nor can they provide proofs of tier trading. While it is already difficult for many people to predict the outcome of trading in different currencies, the concept of cryptocurrency is still foreign to most people.
Although the company is registered in the UK, it is not licensed to provide financial services. This means that whatever money you invest in this platform is not regulated. You will not be able to recover your investments as this company is operating without a license. The company website address is: https://hodium.com. After a lot of research on Hodium, we were able to find its Facebook profile where it has a following of about 1,176 people. However, they have not provided any support or contact information so this company is virtually untraceable. Why invest in a scheme that is not even transparent?
Hodium’s facebook page shares a person named, Thomas Hansen, as a CEO of this company; however, no further information about him can be found anywhere online or on the company platforms.
Hodium claims that it can help beginners take advantage of the open platform of cryptocurrencies. Hodium offers different plans that claim that you could make between 0.1% to 1.5% daily in profits. This means that you could double your money every three months. Unfortunately, not even the most advanced investment options can give you such returns. The fact that they offer such returns points towards the fact that this is a scam.
Different trading companies have popped up online after people became interested in making millions in short periods of time. Hodium is such a platform that claims that it can help beginners take advantage of the open platform of cryptocurrencies. It claims to be able to invest in the best investments using techniques that are only used by major players, and make consistent profits. While it is already difficult for many people to predict the outcome of trading in different currencies, the concept of cryptocurrency is still foreign to most people.
Hodium offers different plans that claim that you could make between 0.1% to 1.5% daily in profits. This means that you could double your money every three months. Unfortunately, not even the most advanced investment options can give you such returns. The fact that they offer such returns points towards the fact that this is a scam.
As with all such online companies, Hodium does not have a solid strategy for generating income. The less transparent a company is in explaining their strategy, the more you should be wary of that company. If you have experienced such a situation before, where you do not understand how a company plans on making money through your investment, you should be wary of that company. That is because, while some markets operate on complex principles, the basic concepts of cash generation are simple.
Hodium claims that they have a team of experts that can invest on your behalf and generate profits. They also claim that they have knowledge of the markets which no other company has. This is a complete lie as it is not possible for a market to run on secrets. While many companies have claimed to have advanced robots, this company is claiming to have experts.
- Company: Hodium
- Start Date: September 14th, 2019
- Address: 1 George Yard, London, United Kingdom EC3V 9DF
- Minimum investment: 5 $
- Maximum investment: 1000,000$
- Strategy: Cryptocurrency HYIP
- Trading results: Unverified
- Payment Processors: Perfect Money, Bitcoin
The Hodium platform claims to be able to generate profits of between 0.1 and 1.5%. While these results seem impossible to achieve, they could still have been backed up by evidence. Unfortunately, this platform has no such history of generating such results. While they have produced returns for limited periods of timer, it has since fizzled out and you cannot find any trace of this company. Therefore, by analyzing their trading results, it can be concluded that the company operates in like a Ponzi scheme.
A major indicator that a certain company is a scam or not is to look at their customer feedback. Hodium has very few positive customer reviews. As it is a relatively new platform, most of the discussion is surrounding the strategy of this company. However, the few unfortunate customers that have bought into this scheme have met with regret. People around social media are calling ‘Hodium’ a scam company.
Most such trading companies are based on deceiving the customer to try and scam them. Hodium claims that they have experts who can do the trading for you and ensure that you receive profits daily. However, the company is not regulated and the customer reviews are extremely negative. It is also difficult to contact them and the website has been removed to a new domain. All these characteristics point to the fact that it is a complete scam.
If you have had any experience with Hodium, we would want to hear from you! Share with us in the comments below, your experience or opinions about this company.
~ Happy Trading!
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