What happened to Bullish Trade?

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Posted by on Wednesday February 6, 2013 at 9:51:12:

I happened to go to their website today and found out that the site is still down. I wonder what happened cause it was up a few weeks ago when I last checked.

I got curious about the investment options offered by Bullishtrade since it happened that a lot of Kenyans were interested in it and this was based on queries I saw coming to my website at makemomoneykenya.com. I sort of wanted to write a review about it but I guess it is better to hear the truth from people who've actually used their service.

Well, for those who don't already know, bullishtrade.com is practically an investment business that allows people to put in their money and earn profits from it on a monthly basis. It seems to be a sort of investment scheme in which such funds would be used to trade currencies online and share the profit among people. They said they are located in London and offer the services to people across the world including Kenya. I'm not vouching for them nor do I think they are to be trusted.

I don't invest with bullishtrade.com but trade forex on my own using an Asian based broker. However I got a bit concerned as to why Kenyans or anyone would actually invest in a ponzi-like scheme that pays you for keeping your money. It would be probably safer to keep the money in a fixed bank account or buy shares with it.

If you do want to learn how to trade forex or currencies online, then you can learn and do it yourself by:

- Registering online with a broker for free
- Download the trading platform
- Do practice trading for a while and see how news and market perception affects currencies
- Do live trading with real money when you are ready.

I've been trading forex for more than 2 years now but I'm not fully active into it but I can tell you that is can be highly rewarding but also highly risky.

You can trade currencies online on your own as long as you have an internet connection but as for investing a program that pays you for investing, I'm not sure about that.

So, what happpened to bullishtrade.com? I don't know yet but hoping to find out from investors soon.




Comments:
    Re: What happened to Bullish Trade? Reply by Wycliffe on Saturday February 9, 2013 at 13:38:23:

    Bullish Trade was a pyramid scheme. It lied to people that it traded FX while in fact it did not.

    They have shut down their website and facebook page no where to be found.

    Hundreds of Kenyans have lost their millions in this bullish thing.



    Re: What happened to Bullish Trade? Reply by Mary on Sunday February 10, 2013 at 13:0:30:

    I have invested with bullish trade with my friend. For the last two weeks we cannot access the member login site to transact our money. Pls mr Okoli find out if bullish has a technical problem with the website or is it an excuse to disappear with all our money.



    Re: What happened to Bullish Trade? Reply by moses on Monday February 11, 2013 at 8:5:41:

    they are saying that they are upgrading the system thats why they have been down.but to my opinion was just ascam we have lost alot of money,think it will never come back.imagine all the way from uk to come and conned poor kenyan..so painful.




    Re: What happened to Bullish Trade? Reply by grace on Tuesday February 12, 2013 at 8:56:46:

    kenyans are very funny when there is a problem u complain when the problem is being resolved u still complain munataka aje nobody forced you to invest infact i remember reading in the page that its a risky business so do it at ur own risk so now that its down u r all talking shit. whether its gone or not its ur own fault nobody held a gun to ur heads and forced u to invest so shut the hell up. BTW I HAVE ALSO INVESTED BUT I KNEW WHAT I WAS GETTING MYSELF INTO SO AM CALM.



    Re: What happened to Bullish Trade? Reply by Ken Kagunda on Tuesday February 12, 2013 at 9:18:23:

    Bullish trade is a pyramid scheme.
    Only trade with platforms that actually let you do the trading yourself. If someone says they will trade your money for you with unbelievable profits, run fast. Like they say, when the deal is too good think twice.



    Re: What happened to Bullish Trade? Reply by jerry on Tuesday February 12, 2013 at 21:27:57:

    i am also a victim of circumstances. i was introduced to bullish by a friend who had earned from the scheme....i invested kshs 50,000 and after a week, the site week off. i know it was my decision but it is so unfair. my kind request is that bullish should be HUMAN enough and return money to people who invested even without the profits. even God will judge you harshly for duping and stealing from poor Kenyans.....its true..when the deal is too good....think a million times...av lost a great deal.....



    Re: What happened to Bullish Trade? Reply by MARY on Wednesday February 13, 2013 at 21:14:32:

    ITS A SACM FORGET ABOUT IT



    Re: What happened to Bullish Trade? Reply by ali on Sunday February 17, 2013 at 13:38:57:

    ACTUALLY I HAD BEEN ADMITTED FOR HEART FAILURE,MAY GOD PUNISH THOSE WHO STEAL FROM POOR PEOPLE. I INVESTED TO BULLISH TRADE WITH 100,000 WHICH I TOOK FROM LOAN.



    Re: What happened to Bullish Trade? Reply by Douglas on Sunday February 17, 2013 at 13:41:20:

    I think there should be a law in Kenya that if you are conned you go jail or something like that. Why would anyone join something like this when stories of DESI are still doing rounds?


    Re: What happened to Bullish Trade? Reply by Peter on Monday February 18, 2013 at 9:22:28:

    I think bullish users didn't read the disclaimer carefully or even to understand it...it was a high profit appetite thing and its performance was not guaranteed...so states the disclaimer.




    Re: What happened to Bullish Trade? Reply by jyne on Monday February 18, 2013 at 14:2:40:

    its my prayer the thein will still come,icnt ingine the loss plus how pples r seeing those who introduced them to it.not wanting to understand that they lost too


    Re: What happened to Bullish Trade? Reply by sammie on Monday February 18, 2013 at 14:50:54:

    Investors need not panick as all their money is safe.the site will be back as all efforts r been put to restore the services. Trust my word i have surety frm the directors @UK.



    Re: What happened to Bullish Trade? Reply by swinya on Tuesday February 19, 2013 at 8:55:41:

    heheeeeeee m one of the client of fullish trade n i invested my money directly frm bank 2getha wid ma fred on 5th dec 2012....we wa invited bah our frd Jimmy mwenye i kent xay hw mch he invested cz its painful mo dan w@ i had invstd.....(very long stori).....the time i wanted 2xell ma dollars imagine ilikataaa n at last on Sunday bt i kent rem da date i dd my last transaction n next xundei it waz nowhere 2b found in internet......my frewds hav hope that bullish will b bak bt 4mi no hope cz w@ i knw bullish went 4reva n will neva kam bak again.ata ikirudi mayb will use anatha name.......my uncle told mi"WEN THE EAL IS TOO SWEET THINK TWICE"bt i ignored him n wen ahed in fullish trade....poor mi n ma fellow who invested in dah trade....



    Re: What happened to Bullish Trade? Reply by Trizah on Tuesday February 19, 2013 at 13:0:51:

    ei.. sammie why are you giving pple false hopes?????



    Re: What happened to Bullish Trade? Reply by HELEN on Tuesday February 19, 2013 at 12:57:31:

    PLEASE SAMMIE REQUEST THEM TO COME BACK EVEN IF THEY LOWER THEIR RATES AND TO GIVE US OUR PRINCIPAL. BTW WHEN DID YOU SAY THEY ARE RESUMING? WHY WAS THE FACEBOOK PAGE TAKEN DOWN???



    Re: What happened to Bullish Trade? Reply by Edward on Tuesday February 19, 2013 at 13:13:45:

    Bullish has been a scam from the word go. A simple question, why would Bullish invest your 500K and repay you at 150% PM (5% per day)??? An honest investment firm would go for a bank loan and repay at 20% p.a (not get your money and repay you at 150% Pm)



    Re: What happened to Bullish Trade? Reply by Edward on Wednesday February 20, 2013 at 8:10:59:

    Please note was faking info that it was from UK. Please note, that there's nothing like that in UK.

    For those crying to God to punish them, remember God gave you a brain to make wise decisions on your own



    Re: What happened to Bullish Trade? Reply by grace kaput on Wednesday February 20, 2013 at 9:36:0:

    This was a pyramid scheme,my friends introduced me to it but i totally refused. It has collapsed the same way the other one known as safe depository did. These people are real connmen. For sure the deal was too good to be true.



    Re: What happened to Bullish Trade? Reply by somi on Wednesday February 20, 2013 at 11:19:3:

    lets be patient n wait, but those with information shd clearly communicate so that we can know up to when.



    Re: What happened to Bullish Trade? Reply by mary on Wednesday February 20, 2013 at 11:47:4:

    kenyans are too crafty. they can actually gamble with your money by giving you the opportunity to donate to them as people did in this case. i Hear they have come up with another site. and you still believe they are from UK.....don't give thieves your money willingly




    Re: What happened to Bullish Trade? Reply by ruth on Saturday March 2, 2013 at 14:56:2:

    what happened to bullish trade,i and my friends are so desperate to really get what's happening.



    Re: What happened to Bullish Trade? Reply by kui on Saturday March 9, 2013 at 20:40:38:

    this is where one is told ''sahau and forget.'' i was also introduced to this bullshit trade. Imagine i was gonna build my own home by the end of this year, call it projection. ave lost too, but I sympathize with those who went for loans to invest in it. Never again. I've pinched my ear (NINDEKUNYA GUTU)


    Re: What happened to Bullish Trade? Reply by Angel on Sunday March 10, 2013 at 7:55:59:

    Communication is the key. If those guyz of bullish are real, they should have informed all their investors what is happening, +ve or -ve since they have their conducts. Whatever one does in this world there is always the reward good or bad.



    Re: What happened to Bullish Trade? Reply by josee on Sunday March 10, 2013 at 15:4:55:

    Let me tel u people barack he's aware of thise story he's playing around he's the man in volve when u visit he's office at bazaar plaza he pritend like he don't knows what's is going on find out the company is based in UAE director is barack & sajiv he's based there have transfer money from bullish to there new company planney world so woch out



    Re: What happened to Bullish Trade? Reply by Essy on Sunday March 10, 2013 at 23:8:20:

    Heheheeee mtaka yote.........Its the high time my fellow Kenyans u realised that nothing kams dwn lyk manna bt smthng kams out of hardwork n wrk came as a punishment frm God wen Adam n Eve ate the forbidden fruit xo kunjeni mashati mfanye kazi!!!
    Mtaka cha mvunguni ni sharti ainame!!!:):):):)



    Re: What happened to Bullish Trade? Reply by Amy on Wednesday March 13, 2013 at 5:48:49:

    Surely am stunned the way people can be fooled so easy! I was introduced to join, but my answer was NO! For there is no way one can make such huge profits. Poleni sana- but my advice!!DON'T BE TO GREEDY!



    Re: What happened to Bullish Trade? Reply by kevo on Friday March 15, 2013 at 7:4:40:

    i thot it is a wise way of investing but unfortunitly things did it work as experting all the same i have learnt a reason and amistake i will never reapt



    Re: What happened to Bullish Trade? Reply by Emily on Monday March 18, 2013 at 12:39:13:

    I invested my money thre bt i hve learned my lesson,when the deal is too gd thnk twice. but what i know one day, we'll cme to know who was behind this scum




    Re: What happened to Bullish Trade? Reply by Alex on Wednesday March 20, 2013 at 13:58:53:

    I was introduced to bullish trade..buh the profits!?!!..luckily i've been patiently giving it a close eye...coz th deal was tooo gud!

    But if it's gone then am xory guys



    Re: What happened to Bullish Trade? Reply by Daniel on Thursday March 21, 2013 at 20:14:24:

    I lost alot of my money in this bullishtrade i regret why i involved myself.When the deal is too good think twice my friend.



    Re: What happened to Bullish Trade? Reply by pauline on Friday March 22, 2013 at 10:37:53:

    first i dont know wat to say coz me i borrowed a loan and i invested on it now i have a had time paying it.may the lord help us



    Re: What happened to Bullish Trade? Reply by Kokky on Friday March 22, 2013 at 13:5:5:

    Will go to the perfect Muganga whoever was behind this will starts eating Grasses



    Re: What happened to Bullish Trade? Reply by tony on Saturday March 23, 2013 at 11:15:9:

    this is a Kenyan company pretending to be from the uk. they take advantage of the fact that Kenyans believe anything from majuu.

    i tried warning my friend lakini hawakuniskiza

    poleni sana better luck next tym




    Re: What happened to Bullish Trade? Reply by David Jacobs on Friday March 29, 2013 at 8:36:53:

    I invested 250k, got my money back almost twice over. If they reopen the game count me in



    Re: What happened to Bullish Trade? Reply by tish on Wednesday April 3, 2013 at 14:8:12:

    i wanted to join. will still join when they come bak. life is a risk guys.... take it.....head on.




    Re: What happened to Bullish Trade? Reply by tish on Wednesday April 3, 2013 at 14:8:12:

    i wanted to join. will still join when they come bak. life is a risk guys.... take it.....head on.




    Re: What happened to Bullish Trade? Reply by Geoffrey on Saturday May 4, 2013 at 14:21:14:

    hi,

    I truly think this was a Kenyan who came up with the idea on how to fund the campaigns during the elections. Kenyan did invest in large numbers unknowingly adding funds to the political parties campaign. You enjoyed the hand outs and free t-shirts, caps, and many more. If your preferred candidate worn,then lucky you. Your money was put into good use. Now that the politicians did not use their money, they can seat back and relax and not worry.



    Re: What happened to Bullish Trade? Reply by Raphael Mutambuki on Friday May 10, 2013 at 13:20:28:

    surely is bad if someone knew it was a pyramid



    Re: What happened to Bullish Trade? Reply by julius mwangi on Friday May 17, 2013 at 10:30:32:

    we walk by faith n not by sight,me i really beleive th@ watever goes around comes around,one dei they will remember all wat we invested to them.i cant imagine the way i invited freds to join the forex trade after being invited by my aunt.now i feel uncomfortable as i remember the strong hope that we had wen opening the trade n a big amount of money we spoiled.



    Re: What happened to Bullish Trade? Reply by Susan on Thursday May 30, 2013 at 14:44:26:

    Tell me guys that bullish trade was never to be back again!do such people as the owners of this site know the live problems people are facing because of it.When will people learn to fear God and know what God can do!IT HURTS.






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