NEO Connect Another Pyramid scheme- Beware
Most project that have lauched so far on the blockchain industry have attracted a lot of investment. Not all of these ventures are worth investing in or even legitimate to begin with. A few companies have cloned the BitConnect scheme, by the look of things. After ETHConnect, we now have NEOConnect as well. This situation is slowly getting out of hand, as many people will eventually lose a lot of money.
You are advised to stay clear out of pyramid schemes like this and equally do your own research before considerable if any venture is worth investing your hard earned cash in.
No Pyramid Scheme Should Be Trusted.History has a way of repeating itself if no caution is taken to avoid it.And the best way to avoid history from repeating itself is by learning not to fall into the traps that lead you to that mess previously. A lot of people claim BitConnect and ETHConnect are Ponzi schemes, yet others continue to make money with them. OneCoin is also known to be a major pyramid scheme, yet there are people out there who make their living off it. Whether or not NEOConnect falls into this category remains to be seen, even though it is highly likely that is the case.
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