A smart investor needs to know the best investments if the wants to have a great portfolio. Without actually taking your time to look for the best HYIPs, you can hardly get the better results. Because of this, it is absolutely vital that you start looking for the best investments right now.
That is a hard task, though. There are many bad investments out there, so it can be very hard to actually know the best ones and avoid all of the scams. That is why our blog wants to help you. We review companies that are having ICOs to show you which ones can be the best investments for you. Today, our subject is a company called Farst Coin.
What Is Farst Coin?
Farst Coin is a company that plans to use cloud data and blockchain technology to make faster transactions in the financial market. The company aims to expand their business and that is why they are having an ICO at the moment, to get the funding to expand their company globally.
This company also works with lending. If you invest a certain amount of money in Farstcoin, you will receive interest later. Their system looks a lot like many High Yield Investment Programs (HYIPs).
How Does Farst Coin Work?
The company not only works with financial trading but also with investing. They have developed an artificial intelligence that will use the data available in the market to make that the company says that are the best investments possible.
It is important to note that our blog does not trust much in artificial intelligence investment and that could be a signal of scam. Those robots often commit errors and are not trustworthy enough for you to trust in them to make investments for you, so be aware of that before you end up losing your money in this company.
How To Invest In Farst Coin?
There is more than one way to invest in Farstcoin. Investing in this company is not especially recommended, though, as the company does not really look 100% secure or trustworthy. The easiest way to invest in this company is by buying their tokens.
You can buy FRCT tokens on December 13. The ICO will last about one month and each token is priced $1.5 USD. To buy the FRCT tokens, you will have to use either Bitcoin or Ethereum. If you only have fiat currency or another type of money, you will have to change it before you invest in this company.
Other two ways of getting FRCT tokens is by mining the tokens yourself, an option that will be available in the near future or by lending them BTC or ETH. The company promises a huge return: up to 47% monthly, but will it deliver? It is really hard to say and the answer is: probably not.
The Farst Coin Verdict
Is this a good investment? Maybe not. Farst Coin is a company that offers something alike High Yield Investment Programs (HYIPs), investments that are known for their risks. Because of this, it is hard to say if this will be the most stable currency ever.
There is also the problem of using artificial intelligence to invest, which is normally risky and does not generate profits as good as many companies often say. This is a huge red flag that you should not ignore when deciding if you are going to invest or not.
If even knowing about these possible problems, you really want to invest in this company, do it at your own risk. There is a chance of losing your investments, but also a chance of receiving profits, so good luck with, but be aware that there are many investments out there that could be way better.
If you are interested in other investments, you can always browse our blog and look for them to discover something more interesting than Farstcoin to invest in.