Will you invest in a MLM scam in early stage?

[Pettuh4]

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?

It's a scam and I don't normally mix scam with investment because they are not meant to be together but if you will push me to the wall I will just try to determine the stage of the NLM; is it at the beginning, middle or end stage? It's very difficult to find out the stage but if it's at the beginning then the risk will be less so I can invest else forget you won't get me to invest.

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[lordquanta]

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?

It's a scam and I don't normally mix scam with investment because they are not meant to be together but if you will push me to the wall I will just try to determine the stage of the NLM; is it at the beginning, middle or end stage? It's very difficult to find out the stage but if it's at the beginning then the risk will be less so I can invest else forget you won't get me to invest.

You don't mix scam with investment but naive n greedy people do. When person is desperate, naive and greedy  that person enters into the denial mode. If he/she enters in MLM scheme early stage they will vehemently defend the scam/scheme. As they are getting returns regularly. They will always advertise based on regular payments.  There is lot of illiteracy about bitcoin in many countries. many People from IT world are also ignorant about it. These mlm promoters take advantage of this situation to promote.

[jeraldskie11]

The MLM or multi-level marketing is not a simple job. It is an recruitment of people to join in this site and it is factorized. There is an upline and downline. If you have recruited a person he will becomes your downline, in that way you earn. So if your good in entertaining people, you are exact to invest in MLM in early stage and because I doesn't have that kind of skill, I will don't invest into it.

[South Park]

Still scary.

I am so out of this. I dont know why but it really got a bad reputation to me. Look, you need to be sure that they will be staying for a year for ROI and every month you will be thinking "What if this is the last?". That is just so stressful man. I dont want to stress myself thinking of it always if it will go left or still go on the right direction considering my money is in their pockets and anytime they could run away. 

This is a nice point of consideration, even if you profited from it the stress you will have every month makes it not worthwhile in my particular opinion since you will always be worried of what it may happen with your money if the HYIP decides to finally run away with your money.

[severaldetails]

A scam is a scam.
No matter in what level you enter it, somebody always has to pay.
And even if I would be one of the lucky few who would make profit, many other people would have to pay for that.
That's why I would never join such a thing.

[bitgoldpanther1978]

NO way, even the advantage is in me because for being on the upline of those next investors. I don't want to support the soon-to-be scam. That's the reality and how MLM works for sure many will be upset on it lately. And as early as I can do, I am not going to put myself in a deep hole that can lead to everyone's frustration.

Of course everybody don't like that to be happen, and most mlm are true scummy, they have great speakers, which great in conversing to anyone and have high of convincing power to influence others. So if ever there is coins here that will be connect into mlm, I'd rather ignore them and refuse.

[audaciousbeing]

Determining what the early stage is will be dependent on knowing when the closing date will be because without knowing that, no one can really know when it will end except for the adminstrators. I have seen a site that started scamming after five days and I have seen one that started after one year so for me, I wont bother to invest because any where I keep my money, I should be able to sleep with two eyes closed.

[dothebeats]

Yep, I'd gladly do it, provided that I wouldn't let these other people know who I am but on the other hand, no one in that scheme really wins, just those ones who were right there since the beginning or infancy of the said scheme. If I see some opportunity/profit on that particular venture then yes I would take it.

[pitham1]

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?

I don't think it is ever possible to say when a scheme will fold; much less that it will last another year. Schemes which receive inflows today might not receive inflows tomorrow. I am by nature a risk-averse person, and I won't invest.

[nara1892]

I never trust MLM system. it is scam. so I would never invest on that MLM in the first place even it sounds guaranteed or it gives us more than what we think or what you explain above, I think I'd never invest on MLM.

[mastica]

This is the main problem, people will invest into mlm, hyip and scam project in the begining because its when you might be able to make some money, and refer and promote it to others make you be scammer as the admin. There arent any trusted project that can run without damage someone, the bitcoin bank could be somehow a kind of solution as long the rates are above the real banks.

[pooya87]

this is one of the wrong ways of thinking that i see most people have, and actually this way of thinking about MLM scams is the only reason for their survival, otherwise they would have died and disappeared long time ago.
people think they can beat the scam system and win, and surely enough they get super lucky once in a while and win something out of it. but in total they are losing without even noticing it.

[bettercrypto]

Those speakers that are attracting us to invest and join their MLM investments are well trained. Because I've been into many companies of MLM and it certainly attracting me the way they talk and about promising the return you can get. But in reality even you are one of those pioneers you will still have the vulnerability of being scammed.

If you have known of their scheme, no matter how good they are at explaining or talking, you will never fall for their trick. 


I will not invest in a scam MLM company even if I will be the 01, or pioneer of the scam company.  Besides we cannot get profit if we do not involve and recruit our friends and relatives in that company since they will be paying us with the entrance our reffered member paid.

[xuan87]

no I won't,despite the profit that they promise a good profit, if I joined the MLM its means I am participating to encourage the MLM to deceive people, and if I ask people to joined then I feel responsible for them when they lost money, so it is better to stay away from it, so if everybody not interested then the scam will failed and next time there will be less scammer try to find money using this way

[lordquanta]

Those speakers that are attracting us to invest and join their MLM investments are well trained. Because I've been into many companies of MLM and it certainly attracting me the way they talk and about promising the return you can get. But in reality even you are one of those pioneers you will still have the vulnerability of being scammed.

If you have known of their scheme, no matter how good they are at explaining or talking, you will never fall for their trick. 


I will not invest in a scam MLM company even if I will be the 01, or pioneer of the scam company.  Besides we cannot get profit if we do not involve and recruit our friends and relatives in that company since they will be paying us with the entrance our reffered member paid.

Nowadays It is possible to get profit without recruiting other people. Instead of recruiting other people you could create dummy account and invest. In a way you are not involving other people in scam, you are putting all your money. Trick played from mlm promoter is they convince people in reinvesting all money received from MLM system. This way people keep on putting money back in system. One could earn money from MLM if you early and don't reinvest.

[Diced90]

why invest in something you know is a scam in the first place?? Do not be a victim of free money schemes.
You are safer avoiding this MLM scam  at all cost and should not be falling for the same trick twice!

[izanagi narukami]

As my experience taught me, MLM only profitable if you are early investor so as long as you can prepare yourself to invest , you will got significant profit. It's easy profit compare if you try to gamble

why invest in something you know is a scam in the first place?? Do not be a victim of free money schemes.
You are safer avoiding this MLM scam  at all cost and should not be falling for the same trick twice!

Sometimes people's greed can't be control to invest 

[Harlot]

Ethically wise even putting your money in MLM in such an early stage is wrong. Even if you are the first in line to be paid , the ones your are considered earning is from new members money. Which is bad and I consider it some form of stealing. It makes me feel that they are left out when they won't earn anything from the so called company.

[olushakes]

With what I have experienced in the past in my early years of coming into this crypto world, I am not even going to try it again. There is one I even did recently with the news that its new and will continue to pay after I had put money 5 days is all that is needed for me to get my money and they scammed two days before the end of my 5 days period but they were new. So, I am not going to join under any circumstance.

[South Park]

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?

It's a scam and I don't normally mix scam with investment because they are not meant to be together but if you will push me to the wall I will just try to determine the stage of the NLM; is it at the beginning, middle or end stage? It's very difficult to find out the stage but if it's at the beginning then the risk will be less so I can invest else forget you won't get me to invest.

It does not matter if the MLM is at the beginning stages, a scam is a scam and there is no way around it, even if for some miracle you were able to obtain all your money back and even some profit you can be sure that many people wont and you will be an accomplice of the scam.