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Author Topic: Will you invest in a MLM scam in early stage?  (Read 16667 times)
andrew24p
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April 03, 2017, 08:40:09 PM
 #241

I was contacted recently about one in an early stage and I declined it because even with MLM schemes there are so many that fail completely and never catch on. If you were lucky and got in early at onecoin you made a shit ton ( if they even let you get it out), but there are so many where you would have just lost everything even if you got in at the bottom.

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April 03, 2017, 11:32:30 PM
 #242

Many people are into MLM, always promoting their investment site that offers a return of investment. But, for me I rejected not to join in this ponzi scheme. Because it will turn out a scam, a wasted of effort, time and money. So i rather save my money in the future.
Because the MLM is offering a referral reward for those who'd like to invite another people to the MLM or Ponzi scheme. That really sucks because the referral hunters are trying to fool another people and especially for the new crypto adopters to play on that shit. For the people are knowing what is the mlm scheme and they will be stay away from it.


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April 04, 2017, 03:13:36 AM
 #243

Here is a interesting, hypothetical situation. What will you do if there is a MLM scam going on and it is in early stage. It is assuring 10% monthly return in bitcoins (of course it has that referral bonus part as well but it is optional, you don't need referral as you are getting 10% on your investment.).  B'cause of it's early stage, people are investing happily and getting returns monthly. In short equation of incoming source money > outgoing money. By looking at situation, let's say this scam/scheme will go on two more year.   There are some people who rip benefits from these kind of scams/schemes as they invest very early and in large chunk.

Will you invest in such scheme well before it vanishes with bitcoins/money?
Yes, I was engaged before in MLM scheme, by that time I really hate MLM, but because they are good in hyped many are get interest to invested to their company. And they are good in deliberation of making promises to anyone. But once you get in, there marketing system is more on referral program, and registration fee before you become a member, then you can never earn until you get one new recruit, which is insane, no recruit then no profit you will get. And in the end I realize the scheme like that was a ponsi scheme too late for me to discover it. Embarrassed

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April 04, 2017, 03:21:06 AM
 #244

Here is a interesting, hypothetical situation. What will you do if there is a MLM scam going on and it is in early stage. It is assuring 10% monthly return in bitcoins (of course it has that referral bonus part as well but it is optional, you don't need referral as you are getting 10% on your investment.).  B'cause of it's early stage, people are investing happily and getting returns monthly. In short equation of incoming source money > outgoing money. By looking at situation, let's say this scam/scheme will go on two more year.   There are some people who rip benefits from these kind of scams/schemes as they invest very early and in large chunk.

Will you invest in such scheme well before it vanishes with bitcoins/money?

If it's still in early stage, yes i would like to invest my bitcoins/money into MLM. I know MLM is really sucks, because you need to find member to join under your line, but since it's still early stage, i can easily find many members that like MLM things to join under my name. The thing is never invest in MLM for long run, it's really dangerous.

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April 04, 2017, 03:47:19 AM
 #245

Many people are into MLM, always promoting their investment site that offers a return of investment. But, for me I rejected not to join in this ponzi scheme. Because it will turn out a scam, a wasted of effort, time and money. So i rather save my money in the future.
Because the MLM is offering a referral reward for those who'd like to invite another people to the MLM or Ponzi scheme. That really sucks because the referral hunters are trying to fool another people and especially for the new crypto adopters to play on that shit. For the people are knowing what is the mlm scheme and they will be stay away from it.
Most of the new crypto people they would like to earn something instant without doing anything like MLM does and they were not suffering about losses or something before following MLM. We shouldn't brainwashed newbie with MLM because it clearly scam in the first place.


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April 04, 2017, 03:55:30 AM
 #246

No, I will not make investments in a MLM scam website although I know it early stage
because making investments on there will makes bad habit even if i get profit will become addiction
for more investing because of in first stage i am safe. It is dangerous habit in investments.

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April 04, 2017, 05:15:54 AM
 #247

Many people are into MLM, always promoting their investment site that offers a return of investment. But, for me I rejected not to join in this ponzi scheme. Because it will turn out a scam, a wasted of effort, time and money. So i rather save my money in the future.
Because the MLM is offering a referral reward for those who'd like to invite another people to the MLM or Ponzi scheme. That really sucks because the referral hunters are trying to fool another people and especially for the new crypto adopters to play on that shit. For the people are knowing what is the mlm scheme and they will be stay away from it.
Most of the new crypto people they would like to earn something instant without doing anything like MLM does and they were not suffering about losses or something before following MLM. We shouldn't brainwashed newbie with MLM because it clearly scam in the first place.
Well that's so normal this days they want instant money even you try to explain them that most of that MLM was scam . I never knew when i started that kind of sites are scam because it last longer for a years ,but then it scams . Many mlm not only sites but some of altcoins are making to gather people who will believe and invest on them as a HYIP sites. One thing is clear money is earned by hard work and by learning some skills in the right sites .


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April 04, 2017, 06:28:18 AM
 #248

No, I will not make investments in a MLM scam website although I know it early stage
because making investments on there will makes bad habit even if i get profit will become addiction
for more investing because of in first stage i am safe. It is dangerous habit in investments.

Moreover the addiction of investing in this scams, it will also provide motivation to the scammers who owns/initiate such scams. Because probability is that they will earn money scamming the end users, and they will be trying again to do the same.

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April 04, 2017, 02:47:33 PM
 #249

No still not because a mlm will always be a scam for me. Not that i've become one of their victim, it's just i don't believe on long term passive income.

In vain you do not believe in it. I participate in such projects. But I can not say that this is a passive income. At the first stage, you need to make efforts to build your team. But in the future this really turns into a passive income
This is a Scam. You are actually deceiving people. The efforts you are making are intended to lure money from people. I myself do not participate in such scams and do not advise others to contact the scammers.
It depends, he doesn't necessarily has to be deceiving. I've seen people that know exactly what they're getting into and still do it. They are willing to take the risk of being scammed, because in the past some of these deals brought them profits. If you're referring someone and telling them straight away how it works, there's no deception and no luring.

If you tell people how exactly it works, it will be something like this: "I was deceived and/or manipulated by someone and that's how I ended up here. Now, it's time for me to deceive other people so I can get back the money I've invested and hopefully even get some profit."

Seriously, if in the start MLM scams say that they are just using the money of those people that are below them to issue a payout, there will be no member at all in their network except those people that are really greedy.

When you ask people to join an MLM scam without deception or manipulation, no one is going to join you. Just think about it. MLMs say that you can earn millions from their "business" yet they are still earning dust. They use the people that have made success from scamming people and say that you can be like that person one day.

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April 04, 2017, 03:11:29 PM
 #250

A scam is a scam, no matter in what stage!
I do not want to make money from the misfortune of other people, even when I know the only reason they participate is because they are greedy.
That would make me no better than them!

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April 04, 2017, 03:35:48 PM
 #251

No, I will not make investments in a MLM scam website although I know it early stage
because making investments on there will makes bad habit even if i get profit will become addiction
for more investing because of in first stage i am safe. It is dangerous habit in investments.

Moreover the addiction of investing in this scams, it will also provide motivation to the scammers who owns/initiate such scams. Because probability is that they will earn money scamming the end users, and they will be trying again to do the same.
Yes and MLM scam is not good investments but it is more bad than gambling in my opinions
and I don't want take feels gambling when make investments
but it is more bad than gambling, it is good be called criminal than investments,
 the other impact will go to bitcoin will be called place for criminal.

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April 09, 2017, 01:19:45 AM
 #252

No still not because a mlm will always be a scam for me. Not that i've become one of their victim, it's just i don't believe on long term passive income.
Long term passive income does exist but it is very difficult to get, for example if you write a book and it is successful then you will get some earnings every month for the rest of your life, since you only need to write the book once then this is long term passive income, but as you see writing a book people want to read is very difficult.

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April 09, 2017, 02:04:12 AM
 #253

A scam is a scam, no matter in what stage!
I do not want to make money from the misfortune of other people, even when I know the only reason they participate is because they are greedy.
That would make me no better than them!
MLM companies are not a scam in the first place. They always make their things legal by always featuring their products which they will declare that it is their main priority than the recruiting fee it rewards to their up line. They can get away with it as they have a product that they are saying it is what they are selling. The only way the company fails is when there are no more recruits but the up lines are still earning money through their bonuses. Also MLM companies that disappear quickly are the ones who have failed to market their company therefore not having enough income to share to the investors. 

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April 09, 2017, 02:13:20 AM
 #254

A scam is a scam, no matter in what stage!
I do not want to make money from the misfortune of other people, even when I know the only reason they participate is because they are greedy.
That would make me no better than them!
MLM companies are not a scam in the first place. They always make their things legal by always featuring their products which they will declare that it is their main priority than the recruiting fee it rewards to their up line. They can get away with it as they have a product that they are saying it is what they are selling. The only way the company fails is when there are no more recruits but the up lines are still earning money through their bonuses. Also MLM companies that disappear quickly are the ones who have failed to market their company therefore not having enough income to share to the investors. 
People often confuse MLM with a Ponzi scheme though as the two have similar traits, so we might as well treat this thread as referring to a Ponzi scheme.

For me it's all about the ethics of investing in it.  Sure, it's a risky investment, but those who put money in early can actually earn quite a lot sometimes, so all that really matters is whether you think it's moral.

On the one hand, there's the fact that all of your earnings will be from people who joined too late and most of them will have lost their money, which some people might be uncomfortable with.  However, if you don't refer anyone and support the scheme in that way, it might still be morally acceptable to invest in the scheme because you aren't making more people invest in it yourself.  I might consider it, but I much prefer legitimate investments just because of the fear of putting my money with someone who most likely intends to scam me.
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April 09, 2017, 02:31:50 AM
 #255

You should ask this instead: would you steal money from others or not with the risk of losing money yourself? and you need to realize one thing, do you want to earn money without working and without knowing where that money came from? I don't care if it's a MLM business or pyramid scheme/scam you must make sure what are you going to feed your family with, whether some people losing in order for you to earn or not.


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April 09, 2017, 02:37:41 AM
 #256

Hahaha will I invest in a scam!? No! Never! That's riskier than investing in a legitimate business because you know it's a scam rather than you hope they do well. They will probably just scam everyone and not wait if they're brand new. Obviously. Omg what a dumb idea.

You should ask this instead: would you steal money from others or not with the risk of losing money yourself? and you need to realize one thing, do you want to earn money without working and without knowing where that money came from? I don't care if it's a MLM business or pyramid scheme/scam you must make sure what are you going to feed your family with, whether some people losing in order for you to earn or not.

There is a huge risk you'll be scammed because you know they're scammers!! It's 100% the exact ippo of no risk, but if you don't get scammed miraculously somehow then you just stole from someone else.














 

 

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April 09, 2017, 07:21:25 AM
 #257

I will invest but with a small amount. If i get my interest, I will withdraw everything. Just repeat that and remember that all of these bitcoin investment sites especially hyips will turn into scam before a month so might as well outsmart them.

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April 09, 2017, 07:40:27 AM
 #258

I will invest but with a small amount. If i get my interest, I will withdraw everything. Just repeat that and remember that all of these bitcoin investment sites especially hyips will turn into scam before a month so might as well outsmart them.
I also do that with the past investments sites that i get in and most of the them are hyips. I have a site which gives me different informations about the newly launched investment sites and i just go to that site and create an account and invest an average amount of money then i just recruit other people to make my earnings faster then i withdraw my capital and my earnings then ran off.

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April 09, 2017, 12:11:35 PM
 #259

A scam is a scam, no matter in what stage!
I do not want to make money from the misfortune of other people, even when I know the only reason they participate is because they are greedy.
That would make me no better than them!
MLM companies are not a scam in the first place. They always make their things legal by always featuring their products which they will declare that it is their main priority than the recruiting fee it rewards to their up line. They can get away with it as they have a product that they are saying it is what they are selling. The only way the company fails is when there are no more recruits but the up lines are still earning money through their bonuses. Also MLM companies that disappear quickly are the ones who have failed to market their company therefore not having enough income to share to the investors. 

That's just their way out of prison. You can't sew them because they are going to say that they are just simply selling their products and you get discounts when you join. When you join, you get a product and you get to earn bonus for every people that you recruit. I wonder if these companies even pay taxes, tbh. And even if they pay tax, they would probably just pay taxes for the product that they were selling. Let's face it, the products are nothing but a distraction and the heart of every MLM are the referrals and nothing else.

I actually think that MLMs that disappeared simply went to a different place. Some place where there's no MLM companies before, probably somewhere rural; probably at some province where they can persuade people easier since earning on those places is harder. Everyone wants quick money so they join MLMs thinking that they can earn anything at all.
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April 09, 2017, 12:24:14 PM
 #260

No, I will not make investments in a MLM scam website although I know it early stage
because making investments on there will makes bad habit even if i get profit will become addiction
for more investing because of in first stage i am safe. It is dangerous habit in investments.
True though you are on the future and make you secure. but using this method is not recommended because it will hurt people below you. many people say that MLM is a business by making others lose to your advantage



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              ▀██▄▄       ▀▄▄██▀           
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