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First coin club ask you to invest 1000 $ and keep it for mining with them for six month. It seems to be a scam or what?

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Is First Coin a Scam ?

A very commonly asked question .It might not be a scam but its not a coin worth investing.you may call it something like "shit coin".
Any site asking you 1000$ to invest is simply ripping you off your money .. DO NOT . if one coin costs $2 you should be able to buy just 1 from open exchanges. you may buy a few and keep them just for the heck of it .
If it was me I wouldn't indulge in such a coin
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