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Author Topic: Ponzi Scheme 101  (Read 2594 times)
cocadalcan
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Today at 02:56:01 PM
 #161

No matter how you warn people against scams, they still keep falling into it, recently there was news of another Ponzi scheme that exited with customers' money.


This time is about trading digital assets and with a guarantee profit on daily basis, this make the offer attractive to the greedy forks, that thinks such offer are good fast way to make money, but in the end they get robbed.
The problem now with people is that, some of these people already know that these schemes are obvious ponzis and that they may collapse or exit at no distance time, but rather than running away from them, they’d rather choose to go in and see if they can get some little profits before the Ponzi scheme collapse and exits. So actually does succeed in doing so, while some end up getting rug pulled on the process.
If they had known in advance these people would not have joined this uncertain project. Many new people are entice by the developers involved in these schemes with the hope of high profits. Many newbies do not want to ignore this tempting opportunity to get high profits in a short time, so some of them take risks. The reason why new people are more involved than running away from these schemes is the hope of getting rich in a short time and the tempting offer of making a lot of profit against the capital.

BitBakerr1
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Today at 04:06:57 PM
 #162

No matter how you warn people against scams, they still keep falling into it, recently there was news of another Ponzi scheme that exited with customers' money.


This time is about trading digital assets and with a guarantee profit on daily basis, this make the offer attractive to the greedy forks, that thinks such offer are good fast way to make money, but in the end they get robbed.
The problem now with people is that, some of these people already know that these schemes are obvious ponzis and that they may collapse or exit at no distance time, but rather than running away from them, they’d rather choose to go in and see if they can get some little profits before the Ponzi scheme collapse and exits. So actually does succeed in doing so, while some end up getting rug pulled on the process.
Yes, you are correct, I know someone who was aware that what he is investing in is a ponzi scheme, but the reason why he decided to invest in it is because he believed that he is going to make some profit and then exit before it crashes.
There are people who love Ponzi scheme, when they see one they know it is a ponzi scheme, but they believe they can go into it make profit and exit before it crashes and they take it as a side hustle.
Some of these people lose sometimes and gain sometimes but what makes me angry is them inviting other people and telling them it is genuine meanwhile it is not and they know it.

 
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