Pico-vr is an investment website that offers “investors” an opportunity to earn up to 30% interest on any amount spent on purchasing one of the products available on the site. They are referred to as investment site due to the fact that users are required to register and deposit their own monies before they earn extra rewards. Sites like pico-vr.com, seem attractive but the truth is, most of them are highly unsustainable and as such, bound to pay just for a short while before crashing.

Key Takeaways

• Pico-vr.com is an investment website that gives users an opportunity to earn up to 30% interest on whatever amount used to purchase a product.
• In actual sense, it’s a ponzi scheme and as such, there is higher risk of losing money than actually gaining in the long run.
• Pico-vr is not legit regardless of the fact that it’s paying at this time, the cons are just as significant as whatever you might earn from participating. Prominent amongst the cons are; higher minimum deposit and withdrawal amount, the age of the site and the fact that it’s a high risk earning site.

On this note therefore, you should have a level of understanding before embarking on the journey of participating or depositing money on sites like this. Be that as it may though, we will be going over a few things to know about Pico-vr.com investment site, the facts as well as the risks associated with investing money you can’t afford to lose will be discussed in this piece. So sit tight and learn something new.

About pico-vr

Pico-vr is an investment site that promises to reward users who register and deposit money with as much as 30% of whatever they invest on a daily basis for a period of 50 days. Meaning, any amount you spend on purchasing one of the plans, you would be able to earn a whooping 30% profit daily till the expiry of such plan.

The website URL is pico-vr.com and it was launched a barely two weeks ago, and also being in Operation for over 10 days. So people have been depositing and making withdrawals for more than 10 days; getting to two weeks judging by the timeframe.

How Does It Work?

The working principles are quite straightforward. You sign up or create an account on the main page and log into the newly created account.

After which, you will be credited with 1,500 naira which can’t be withdrawn until you make a deposit and purchase one of the products. As a new user, the most important tabs to focus on are;

Recharge, Withdraw and Check-in. Why is that? The reason is simple. The recharge page gives you the ability to deposit money starting from 3,000 naira and above depending on the product you intend purchasing.

The withdraw tab is where you ought to click on in order to withdraw. According to the information on the page, the minimum threshold is 5,000 naira and can only be made once you’ve purchased a product

The check-in feature gives you an extra source of income. As a user, you get to earn 100 naira extra bonus daily when you log in and tap on the check-in button to claim the reward for the day.

Products and the profile tab can be found beneath the dashboard and you are to scroll through the product page to know the plan that best suits you. Then click on Buy and follow the prompts to activate one of the plans only after you have recharged or deposited.

After activating one of the products, the system will automatically credit you with the ROI every 24 hours and you can make withdrawals as soon as you hit the threshold.

Verdict

Pico-vr.com is not a legit platform. Disregard the Investment site being used on this piece as well as many other social messaging platforms, the truth is, sites like this are regarded as ponzi schemes. Going by the generally acceptable definition of ponzi scheme, there is no way such sites can be regarded as legit.

Is it paying? The answer is yes. Ponzi sites like pico-vr tend to pay for a number of weeks or in some worse cases, days before they stop paying. What makes the whole thing painful is the fact that, there is no one, nobody to hold accountable or even to run to for questions. Sites like this are created by ghost individuals and used to scam people when they gain more popularity.

So for that reason, it’s best to steer clear of the platform and even if you must participate, ensure you’re doing so with money that’s not dear to you. Money you can afford to let go of, in order not to end up having financial problems because purchasing a product on pico-vr.com is not an investment, it’s a risk.

Whether or not it’s a worthy risk, is completely dependent on you. But it’s never a good thing to deposit money you can’t afford to lose.

Pros

• Registration bonus – the registration bonus reduces a person’s chances of losing money. If you purchase the minimum product, the chances of losing money will be much lower.
• Customer support – reachable on both telegram and WhatsApp. There is also a WhatsApp group dedicated to giving information to users which is of course, a plus.
• Paying at the time of writing this article.

Cons

• High Minimum withdrawal threshold – pegged at 5000 naira, which makes it impossible for users to make withdrawals on a daily basis.
• High minimum deposit amount – higher than what is obtainable on some other ponzi sites. Higher recharge amount means higher risk for users.
• Site has been in existence for more than 10 days, which means users just getting to know about it now stand a higher risk of losing money.

Conclusion

Pico-vr is paying at the time of writing this article but it’s not a legit earning platform. Ponzi schemes like this tend to pay for a couple of days or weeks before they crash, leading to loss of money; worst case being that, there is no one to ask questions about the so called investment.

So it’s best to participate with money you can easily afford to lose because the chances of losing is always higher than that of gaining.

Thanks, share and do well to share this article to enlighten others.