LAST CHANCE. Post your energy-related questions on the 'Ask An Expert' board before the end of the day. Experts from MSE's Utilities team look forward to answering some of them

Immediate Momentum - Scam or Real?

weewards
weewards Forumite Posts: 17
Part of the Furniture Combo Breaker
Forumite
in Savings & investments
Hi, I keep seeing stuff about the app 'Immediate Momentum' which seems to be a crypto currency trading app that promises huge rewards but I am sceptical on the whole crypto currency thing despite it seemingly becoming a legitimate entity.

Has anyone got any real life experience with it, good or bad?
«1

Comments

  • ColdIron
    ColdIron Forumite Posts: 8,032
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Forumite
    edited 14 September at 11:00AM
    Crypto, a fool and their money
    If it's not an outright scam you will lose all your money anyway
  • Robin9
    Robin9 Forumite Posts: 11,739
    Part of the Furniture 10,000 Posts Name Dropper
    Forumite
    If you don't understand .....................
    Never pay on an estimated bill
  • MikeJXE
    MikeJXE Forumite Posts: 2,305
    1,000 Posts First Anniversary Name Dropper
    Forumite
    Look out for your regular bank account being closed if you take up on that 
  • refluxer
    refluxer Forumite Posts: 2,113
    1,000 Posts Third Anniversary Photogenic Name Dropper
    Forumite
    edited 14 September at 12:58PM
    My rule of thumb is that if you have to ask whether something is a scam or not, then there's a 99% chance that it is.
  • Malthusian
    Malthusian Forumite Posts: 10,650
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    Forumite
    As others have said, if you invest in this you will lose all your money. There are no legitimate get rich quick schemes.
    weewards said:
    Hi, I keep seeing stuff about the app 'Immediate Momentum' which seems to be a crypto currency trading app that promises huge rewards but I am sceptical on the whole crypto currency thing despite it seemingly becoming a legitimate entity.
    What made you think it was a legitimate entity?
  • Albermarle
    Albermarle Forumite Posts: 18,734
    10,000 Posts Fifth Anniversary Name Dropper
    Forumite
    weewards said:
    Hi, I keep seeing stuff about the app 'Immediate Momentum' which seems to be a crypto currency trading app that promises huge rewards but I am sceptical on the whole crypto currency thing despite it seemingly becoming a legitimate entity.

    Has anyone got any real life experience with it, good or bad?
    Keep seeing stuff on the internet/social media, is not a good basis for investment decisions.
  • grumbler
    grumbler Forumite Posts: 57,780
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Forumite
    Malthusian said:
    What made you think it was a legitimate entity?
    Are you saying that cryptocurrencies aren't legitimate?
    That's not that personally I'm a big fan of them.
    We are born naked, wet and hungry...Then things get worse. :(

    .withdrawal, NOT withdrawel ..bear with me, NOT bare with me
    .definitely, NOT definately ......separate, NOT seperate
    should have, NOT should of     .....guaranteed, NOT guarenteed
  • jimjames
    jimjames Forumite Posts: 17,150
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Forumite
    grumbler said:
    Malthusian said:
    What made you think it was a legitimate entity?
    Are you saying that cryptocurrencies aren't legitimate?
    That's not that personally I'm a big fan of them.
    Crypto might be legit. An outfit promising massive guaranteed returns trading them isn't.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • friolento
    friolento Forumite Posts: 368
    100 Posts Name Dropper Photogenic
    Forumite
    Just alon the company name sent me running a mile.
  • Eyeful
    Eyeful Forumite Posts: 310
    100 Posts Second Anniversary
    Forumite
    edited 14 September at 2:05PM
    The website was created on the 7 April 2023, So is quite new.

    Doing a simple web check produces the following, read and see what you think.

    https://www.scamadviser.com/check-website/immediate-momentum.com

    https://www.scam-detector.com/validator/immediate-momentum-com-review/

    https://uk.trustpilot.com/review/immediate-momentum.com
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 338.8K Banking & Borrowing
  • 248.6K Reduce Debt & Boost Income
  • 447.6K Spending & Discounts
  • 230.7K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 171.1K Life & Family
  • 244K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards