People looking For new ways to make money in Crisis new growing industry

[CageMabok]

One way Are mlm crypto mlm trading use to be good but we can clearly see that start falling.

The downfall that you are seeing now is not because the MLM (Multi Level Marketing) business is not running in some countries, because MLM only benefits the first person or the person who invites other people for the first time, while the latter will always be at a disadvantage if he is no longer looking for new people to join him. placed underneath.

Mlm looks easy Also becouse you can reqruit people and earn profit.
I see this area enourmous growth potential over the next few decades.
People want to be there where action and liquity thanks to crypto the mlm can Grow Even bigger then oil,btc,forex marketing it can Grow large becouse people want always get rich ways without working.

If that's what you see, now look at the last person recruited through the MLM system, can they also be rich without working? I've heard about this MLM business for a long time on several platforms and websites, but in the end all of them went out of business, aka scams in the middle of the road because they couldn't afford to pay a very large number of referrals.

It can all start from africa and India people there love MLM business If this will Grow big then the wall Street and bankers can play with each other with their stock market and money becouse people might be not interested If Market dont move

You need to find out about some businesses that were scams due to the implementation of the MLM system in the past, because it is not easy to invite other people to join us if at first you have to have a predetermined basic capital and if the recruiter is only able to give the wind of heaven to people who recruited so that people can be easily attracted, but make sure that the person is not able to provide guarantees for the wealth that will be obtained by other people or people who are invited.

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[Solosanz]

MLM or pyramid scheme is one of scam strategy that trick new users to join and also you need to pay fees to join it. It just make the top class will get a lot profit without doing anything since every top class will get few % of the service or goods has been sold by those new people or low class. But it's not easy to run MLM or pyramid scheme since you're need reputation or know how to promote your project.

[ethereumhunter]

MLM business will not make you make money, especially if you join late. And only the people who join first will get the most benefit by referring people to join below them. While the people under him will try to invite other people, the income will not be as high as the people who first joined. So forget about joining an MLM company like that and it's better to invest for yourself because it will be much more profitable later. Don't be tempted by their good offers because you won't make much money from them.

[Jody.Drummer]

I don't know if it's still the same for other countries or not, but when I see that in my area MLM is so widespread and it's really very difficult to get rid of things like this, even though currently there have been recommendations not to do things like this, there are even criminal acts.
This seems to have the same impression as a pyramid scheme that involves many members and the interesting thing is that lots of people are looking for this kind of thing as an opportunity.
But on the other hand, actually this can also be detrimental, so my country is now implementing this as one of the things that should not be done, and clear penalties await if you still force this.

[Altryist]

Yeah, it was a thing, even before the pandemic and a lot of people learned the hard way. Some even came with a strategy of being the pioneer investors and quickly make withdrawals within the second phase of there investments and are never seen again.
They know these sort of investments don't last long and have learnt where to draw the line. Some never invest at all, some invest only at the beginner phase why a few dumb forks let's greed have a hold on them and think it would last a whole longer but the result is always a crash.

Are there really those that likes to work or enjoys working? Not so many persons likes to work but, its just one of those things you've just got to do. You need to work to earn and worst for these people still is that, There are no jobs and so, they try to take there chances with what they are presented with. Most end up poorer and in debt than they once were but, the are learning for sure.

If there are difficulties with work, then it is forbidden to risk your savings, even if there is hope of becoming the first investors, it will still be a very big risk, because no one knows how long this fraudulent scheme will last. But people will still do it, I have friends who do not mind being the first investors, I criticize them for this, because they take part in this.

[el kaka22]

I do agree that people should be looking for their own ways of making money, otherwise they are going to be pretty upset about it in the long run. I know that it is not going to be too easy, but it is going to be not that hard neither if you just focus on finding what works for you. Not a lot of people do that, they just look what others think, and whatever is the most commonly way to approach the market, they take that road and I feel like that is not really that easy.

I personally believe the best we could do would be finding all the ways we could invest, and try to see which one would be the best for our own personality, that way we would be investing a lot better.

[adzino]

MLM business? Not sure what you mean by MLM in crypto, but that is the worst business anyone can do when it comes to normal business. I mean, unless you are at the top level of the MLM scheme you will be losing money. And most people knows that MLM are like pyramid schemes were people at the bottom are the ones that get can hardly break even with their investment. So far I was talking about those legit MLM business. There are other business that poses as MLM but is actually a pyramid scheme. So yeah, people shouldn't join those new "growing MLM crypto business" unless they wish to lose all.

[care2yak]

One way Are mlm crypto mlm trading use to be good but we can clearly see that start falling.

Mlm looks easy Also becouse you can reqruit people and earn profit.
I see this area enourmous growth potential over the next few decades.
People want to be there where action and liquity thanks to crypto the mlm can Grow Even bigger then oil,btc,forex marketing it can Grow large becouse people want always get rich ways without working.

It can all start from africa and India people there love MLM business If this will Grow big then the wall Street and bankers can play with each other with their stock market and money becouse people might be not interested If Market dont move

Crypto industry Will stay becouse it's liquity for mlm but stock market Will go away becouse people not interested companies they just want high return of their Investment on order to earn money daily.

The solution here Are the Fed Will step in and start making markets alive again and we can earn otherwise people Will look other ways like mlm or referal comision based income

Multilevel marketing (MLM) is a monetary strategy used by direct sales companies to encourage existing distributors to recruit new distributors (Investopedia). With MLM, you should receive the product value of the amount of money you paid. It's like you just purchased the items as you would in a grocery store but it has the added benefit of being a member and so you get incentives for repurchases and having affiliates.

I don't see that working for cryptocurrencies. You should consider where your cryptocurrencies will be held. Would they be held in the company's custodial wallet, meaning they control the private keys, or will it be non-custodial, meaning you have sole control of your assets and hold the private keys and that you can prove that the assets you hold are your own.

If, your crypto are being held hostage by any company that employs the MLM strategy and use cryptocurrencies as their "product" are just fooling people out of their hard earned money. And if you join that company, you've just been scammed. They can fold up at any time, and any amount you see in their platform are just eye candy.