Is FORSAGE a Ponzi scheme?

[DAVID GRACED20]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

[Gotumoot]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

I believe that it is a Ponzi scheme and I would recommend to keep away from those type of investment.
It is better to buy and keep ETH than to invest in Forsage also try other alt-coin and hold them for a bit and when the price goes up decide on yourself if you would still hold them or just take the profit.

[ecnalubma]

If its too good to be true then stay away from it there’s no shortcut of becoming rich. Buy and hold your eth keep it  in a non- custodial wallet instead. In our country SEC already gave warning to investors and promoters of that ponzi scheme.

Philippines SEC Calls Forsage a Pyramid Scheme, Warns Investors

[harizen]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

Why do we need to trust a platform like that?

- Unregulated
- Unregistered
- Unauthorized Solicitations
- Tagged as a Ponzi Scheme
-Typical "Investment Package" offers

..what's more?

Yours to decide. Work wisely to earn.

[carlisle1]

If its too good to be true then stay away from it there’s no shortcut of becoming rich. Buy and hold your eth keep it  in a non- custodial wallet instead. In our country SEC already gave warning to investors and promoters of that ponzi scheme.

Philippines SEC Calls Forsage a Pyramid Scheme, Warns Investors

No shortcut at all. Why in the world that you will allow someone to hold your investment, and based from the site, you need to build your group in order to get compensated, a digital type of networking,.

This group are riding with the popularity of eth alluring investors and keep the business alive since there are still participants who thinks that investing to crypto is just easy at it is.


Unknowingly that any moment the system will collapse same with every other Ponzi types of business. We will hear more crying investors once the team start to runaway with their funds..

[goaldigger]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

It’s a Ponzi Scheme and will later on become a scam project so be careful since they are claiming that their product is ETH. It’s better to buy ETH directly on the market than to participate on this kind of suspicious investment.

Our SEC issued a warning for this investment scheme, yet people are still joining and inviting I hope they know what they are doing and I hope they will not ended up broke because of this failed investment.

[Coyster]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

There are already quite a lot of warning threads about forsage ponzi on the forum, it's a scam, when you buy ethereum and store them in your wallet, you have your keys and if you do not give it to scammers, your eth is safe with you and you can make ROI as eth rises. But investing in forsage ponzi is too risky, I know their investment offer sounds good especially for a newbie, but if it's too good to be true, it's a scam. Forsage is a clear ponzi, don't give your coins/keys/control to any platform.

[milewilda]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

It’s a Ponzi Scheme and will later on become a scam project so be careful since they are claiming that their product is ETH. It’s better to buy ETH directly on the market than to participate on this kind of suspicious investment.

Our SEC issued a warning for this investment scheme, yet people are still joining and inviting I hope they know what they are doing and I hope they will not ended up broke because of this failed investment.

They wouldnt learn if they wont experience such loss.Ive been keep on telling them that this one is a scam but they do continue to invest and trying to invite people for some affiliate commissions which is absurd.
This isnt something new yet we have seen something similar in the past on where locals do make use of crypto just to hide up their true intention and majority of people that doesnt have idea on whats ponzi is all about
will really be the common target of these scams.Its no sense to tell them about ponzi because they would just simply ignore you or worst they would rather bash you on being too negative.
Its really pity for people who do lost huge sums but its actually the consequence for them on being too greedy.What concerns me is that they do drag off crypto's name on this one and when scam happens then
another negative publicity for the market which is bad.

[Oasisman]

Recently a tweet from Vitalik Buterin about staying away from that Forsage eth investment scheme.
https://mobile.twitter.com/VitalikButerin/status/1292973799378284544?fbclid=IwAR1LTCmXmWlRyyvb-jfv0EAWL0B50R1l_-sDJRu1gWx2N19B6QN2Fp-kjAM

Translation : "They fight against you because you are a lie. Most users of this kind of project will not make money, but will lose a lot of money. This kind of project relies on more and more people coming in every day to pay the previous participants. When the new participants are gone, most users lose everything they invested. Look at bitconnect, onecoin, etc.

I ask you to leave and do not pollute the Ethereum ecology in the future, thanks!"

That words are coming from the co-founder of the Ethereum network.
Take his advice, or lose your money.
You'd better just buy and hold that Eth on your own wallet If you have no courage in trading. That's better than investing into a project like Forsage, which will eventually turn into a scam when people stop supporting those kind of projects on the latter.

[IvugeoEvolutionCoin]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

Buying ETH to keep for long term is better than buying to invest in Forsage in my opinion. Forsage no matter how it appears to look cool is actually ponzi in the real sense, since at some point it will stop paying investors. So many ponzis/mlm are taking advantage of smart contract on Ethereum and Tron blockchain to run scam investments, so be careful what you choose to invest in.

[Shallow]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

Although I don't know much about it, but for you to have the mindset that it is a Ponzi scheme then it is. Nowadays, there are many Ponzi schemes which uses Ethereum as the coin of participation hence deceiving people into thinking they are investing in Ethereum not knowing it is all Ponzi. My candid advice is to hold your Ethereum, as it is the best thing to do; most people finds it hard investing in new altcoins let alone investing in a Ponzi scheme. Therefore hold your Ethereum, if you want to invest in another then look towards Bitcoin.

[pixie85]

I can't believe there are so many warning signs and even tweets from crypto celebrities and people still come to the forum to ask if it is a scam.

Is there not enough legit projects you can invest in that you have to always look for the most shady looking obvious ponzis to put your money in?

[tabas]

Buying Ethereum is legit but investing it to Forsage, you are about to lose your money. Several articles have been made to prove that this forsage is a scam.
Go to the Twitter account of Vitalik Buterin and see his explanation about the scam. He wants people to avoid it and even a normal crypto person knows that Forsage is a scam. Don't get it wrong but Forsage is a scam.

[khiholangkang]

You can see it from the Forsage smart contract, it is clearly marked that this is a ponzi and you better stay away from this platform.
https://etherscan.io/address/0x5acc84a3e955bdd76467d3348077d003f00ffb97

[joshua123]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

It is a ponzi scheme they just using the ethereum network as a front for their business its an obvious way to collect funds and uses eth as a medium of transaction. Better is buying ethereum and stay away from forsage. You can even trust eth in the long run even not using it on some platform that is like a ponzi scheme.

[S4VV4S]

If its too good to be true then stay away from it there’s no shortcut of becoming rich. Buy and hold your eth keep it  in a non- custodial wallet instead. In our country SEC already gave warning to investors and promoters of that ponzi scheme.

Philippines SEC Calls Forsage a Pyramid Scheme, Warns Investors

It's just a matter of time before Forsage will scam, There have been many types of Ponzi scheme investments like this, And none of them can survive. Every Ponzi scheme investment, the last participant will always be victim, So better stay away from Forsage.

[chikator]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

I believe that it is a Ponzi scheme and I would recommend to keep away from those type of investment.
It is better to buy and keep ETH than to invest in Forsage also try other alt-coin and hold them for a bit and when the price goes up decide on yourself if you would still hold them or just take the profit.

Thank you for this. I was actually thinking that Forsage is another ponzi, glad to find people who believe the same thing. People need to be more mindful of these new projects and not just jump at the next new thing.

[Xanxus024]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

There are many people ask me if Forsage is a legit investment for crypto but I always advise them to look if it's a authorize and registered. Well as per checking those 2 requirements did not meet so for me it is a ponzi scheme. It's better to buy crypto on a legit exchange site to have a much secure and by that the risk of getting scam is too little.

[Akiko]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

There are many people ask me if Forsage is a legit investment for crypto but I always advise them to look if it's a authorize and registered. Well as per checking those 2 requirements did not meet so for me it is a ponzi scheme. It's better to buy crypto on a legit exchange site to have a much secure and by that the risk of getting scam is too little.

it's a real ponzi scheme no more questions about it giving a high passive income return is enough to prove that its just another fake investment. We need to learn to what we experience before even how they used this new technology to make a new kind of investment the result will the same. Pozi scheme is ponzi  scheme and they will run one of the day.

[Eco_111]

Is FORSAGE a Ponzi scheme? Buying ethereum to keep and buying ethereum to invest in forsage, which is better?

I don't know a thing about forsage but it's easy to figure out a Ponzi scheme website, their offers gives them away instantly, if their ROI is too good to be real then it's a scam, all legit Proof of Stake coins have 5% to 15% Staking reward annually and Ponzi schemes always offer more in just weeks or month