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Author Topic: People looking For new ways to make money in Crisis new growing industry  (Read 234 times)
Fullbear2222 (OP)
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November 13, 2022, 12:51:35 PM
 #1

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 Smiley

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
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cozytrade
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November 13, 2022, 02:15:49 PM
 #2

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 Smiley

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

MLM businesses flourish in South East Asia and Africa because govt doesn't give any loans for small businesses. So how people will start their business or any production unit for their company? MLM company help in this regards with high interest. All those MLM companies are not well regulated so fraud and scam activity largely happens in those regions. Sometimes people became homeless because of these MLM companies to repay loans. It has pros and cons so can not say it's good overall.

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November 13, 2022, 07:49:26 PM
 #3

If you are looking to Africa or Nigeria precisely to talk about mlm (which is multi level marketing), forget it because it will not have patronage like it use to in the past. Mlm companies and businesses have dealt with Nigeria people after they rely on their promises they get scammed and exit. There was a particular type called MMM which is the biggest scam Ponzi scheme with headquarters in Russia, founded by Sergei Mavrodi scamming millions of people and after that, I'm sure Nigerians lost interest in such open scam. MLM running as networking is not reliable.

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Mr.right85
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November 13, 2022, 08:38:15 PM
Merited by The Sceptical Chymist (4)
 #4

If you are looking to Africa or Nigeria precisely to talk about mlm (which is multi level marketing), forget it because it will not have patronage like it use to in the past. Mlm companies and businesses have dealt with Nigeria people after they rely on their promises they get scammed and exit. There was a particular type called MMM which is the biggest scam Ponzi scheme with headquarters in Russia, founded by Sergei Mavrodi scamming millions of people and after that, I'm sure Nigerians lost interest in such open scam. MLM running as networking is not reliable.
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.

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SAFE GAMES
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Queentoshi
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November 13, 2022, 09:01:25 PM
 #5

If you are looking to Africa or Nigeria precisely to talk about mlm (which is multi-level marketing), forget it because it will not have patronage like it use to in the past. Mlm companies and businesses have dealt with Nigeria people after they rely on their promises, they get scammed and exit.
No matter how many people get defrauded through these MLM companies, if they get started again, repackaged and rebranded with new enticing offers and methods that do not make it look like the normal MLM fraud we know, people even some of the people who have been victims before will still sign up for it. Unfortunately, that get rich quick mentality still exist and will be next to impossible to completely eradicate.

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blockman
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November 13, 2022, 09:34:36 PM
 #6

In my country, there's a bad impression already of MLMs because they're mostly associated with pyramid scams and networking which isn't really good to look at.

No matter how many people get defrauded through these MLM companies, if they get started again, repackaged and rebranded with new enticing offers and methods that do not make it look like the normal MLM fraud we know, people even some of the people who have been victims before will still sign up for it. Unfortunately, that get rich quick mentality still exist and will be next to impossible to completely eradicate.
Yeah, that's the reality that they can just getaway with their first scam and then rebrand and reproduce it. New investors, new people, new faces of victims but the scheme is the same and the people behind it are all the same.

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November 13, 2022, 10:13:16 PM
 #7

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

Any cryptocurrency involved in "MLM" are scams.  They are either Ponzi scheme or pyramiding scheme disguised as MLM which often prey on people who really doesn't know what is the legit MLM industry.

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.

MLM had been around for decades, it has been proven as one of the largest industries, but Fraud and scams also flock this industry.  Ponzi Scheme and pyramiding scheme disguised as Multi Level Marketing destroys the image of the supposed to be legit industry.  Thus many people had been burned and hated MLM because of these two fraudulent schemes. 

A legit MLM company requires Hard work to flourish.  Those that said it doesn't need hard work are probably experienced Ponzi and pyramiding schemes and has not been involved in a legit MLM system.

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 Smiley

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

Cryptocurrency involved in MLM often destroy the cryptocurrency industry.  There had been lots of scam company that exploits  both cryptocurrency and MLM system and feed on unsuspecting victim. 

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November 13, 2022, 10:18:34 PM
 #8

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 Smiley

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

People have been looking for side hustles forever, it is not a new idea concept but it is certainly always evolving over time. In almost every single case you will find, MLM is a fraud taking advantage of peoples greed and it is on par with pyramid schemes in abusing the hard work of people further down the chain. You should stay well clear of any scheme that uses such terminology because it has been hijacked by so many bad actors over the years that you are almost guaranteed to be throwing your money away or just making somebody else up the chain rich while you scramble around for pennies. These marketing schemes often use all kinds of hype keywords and proclaim to be the next best thing but invariably end up in disaster for the majority of participants.

R


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November 13, 2022, 10:41:55 PM
 #9

MLM has painted a negative picture to the minds of millions of people because those companies with this business model have been scamming people for ages. Lots of MLM companies offer investment programs that are too good to be true, often in the form of HYIP investments, to lure people in and scam them afterwards. If you're looking to make money on the side, I suggest you not meddle with MLM and instead learn useful skills that you can offer online. Tons of companies out there are looking for outsourced talents and you can be one of those who made it big freelancing.

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November 13, 2022, 10:50:36 PM
 #10

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 Smiley

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

People have been looking for side hustles forever, it is not a new idea concept but it is certainly always evolving over time. In almost every single case you will find, MLM is a fraud taking advantage of peoples greed and it is on par with pyramid schemes in abusing the hard work of people further down the chain. You should stay well clear of any scheme that uses such terminology because it has been hijacked by so many bad actors over the years that you are almost guaranteed to be throwing your money away or just making somebody else up the chain rich while you scramble around for pennies. These marketing schemes often use all kinds of hype keywords and proclaim to be the next best thing but invariably end up in disaster for the majority of participants.
Newbies are mostly greedy and this is based up on real experience wayback when im still a newbie too.You would really be seeing these things as holy grail on which you could really make yourself rich in no time but

once the reality would slapped into your face then this is where you do realize that it wont really be that simple as it sounds.Once you do really able to experience losses and disaster then this is where you do learn up things.On the time that you had known crypto space then you would probably be falling on believing with these ponzi first most of the time.

Dont make yourself that too desperate because it would really be making you on doing careless things including this one.

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November 13, 2022, 10:56:55 PM
 #11

MLM has painted a negative picture to the minds of millions of people because those companies with this business model have been scamming people for ages. Lots of MLM companies offer investment programs that are too good to be true, often in the form of HYIP investments, to lure people in and scam them afterwards. If you're looking to make money on the side, I suggest you not meddle with MLM and instead learn useful skills that you can offer online. Tons of companies out there are looking for outsourced talents and you can be one of those who made it big freelancing.

There is nothing wrong with MLM as long as the company involved is legit.  MLM system is a great tool to boost ones time.  Through weblike duplication, we are able to multiply our time and make it more than 24 hours a day.  Though people need to work hard in order to establish his network of people.  But to be at safe side, I think affiliate marketing can be an alternative to network marketing.  Just make sure that the kind of affiliate marketing we are joining doesn't need us to pay for some kind of registration fee.  Grin
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November 13, 2022, 10:58:25 PM
 #12

I believe it's way too early to associate crypto with MLM.  Attaching something else with a negative connotation to crypto isn't what is needed right or anytime in the short to mid term; we're dealing with enough fallout from 3 arrows capital, ftt, etc.
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November 13, 2022, 11:43:11 PM
 #13


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 Smiley



What about crypto MLM? 

The media has claimed that we could face shortages for food, energy and oil. As well as global supply chain disruptions.

Organizations like MLMs are definitely a good prospect as they are one method of local communities organizing and forming mutual support groups. To cite one historical example, communists in cuba organized communal gardens to feed the country when food imports were sanctioned. In times of crisis, it is probably better to have community support. Mutual cooperation for growing food, producing oil and leveraging alternatives to oil is a good strategy. MLMs are one method. of organizing and coordinating these types of movements.

But of course there are others. People could organize around community gathering places like churches or schools. Perhaps crypto can find itself a niche role in these areas, if inflation continues to become an issue. Local communities might go so far as to organize and produce their own local altcoin in an effort to escape inflation. As some communities have done in past eras. Aurora coin in iceland is one example that comes to mind.
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November 14, 2022, 09:47:20 PM
 #14

MLM, like any other solution, is neither good nor bad. The question is what will it be used for. There are examples of MLM in order to rob people. I hope you know the global financial scam of Sergei Mavrodi "MMM". This is a typical financial MLM. Millions of people became victims. This is evil and should be punished. It is a fact.
But there are not only harmless but also useful solutions. Oriflame and similar distribution networks. No, I understand that the main "cream" is removed by the owners of the network. But on the other hand, this is a comfortable mechanism for sales, satisfying demand, and, what is important, the opportunity to earn money, without pronounced speculation!

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November 14, 2022, 10:11:29 PM
 #15

MLM has painted a negative picture to the minds of millions of people because those companies with this business model have been scamming people for ages. Lots of MLM companies offer investment programs that are too good to be true, often in the form of HYIP investments, to lure people in and scam them afterwards. If you're looking to make money on the side, I suggest you not meddle with MLM and instead learn useful skills that you can offer online. Tons of companies out there are looking for outsourced talents and you can be one of those who made it big freelancing.
Yeah , there no more mlm business model running in honest way , they are all lying about things just to lure people to join to get a non sense commisions and these days a lot of people make it linked with crypto as a promising investment with mlm business model.

Kinda mixed and making people confused sometimes as they think crypto are all about mlm scam.

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November 14, 2022, 10:41:58 PM
 #16

For that sake - earning money. Many jobless people have fallen into such a trick. It is not an obvious scam to see and many can prove that they got money as a return from their investment but just like in many Ponzi and quick rich schemes, they build trust first and succeeded. It really sounded like they can be trusted anyway but things changed as they continue their business which it ends up scam.

Now it is really hard to trust this kind of earning strategy and also for us people must not be blind to see the real intention of this project.

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teiviet
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November 15, 2022, 07:57:48 AM
 #17

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 Smiley

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

MLM businesses flourish in South East Asia and Africa because govt doesn't give any loans for small businesses. So how people will start their business or any production unit for their company? MLM company help in this regards with high interest. All those MLM companies are not well regulated so fraud and scam activity largely happens in those regions. Sometimes people became homeless because of these MLM companies to repay loans. It has pros and cons so can not say it's good overall.

MLM has become rampant in Southeast Asian countries, and some even take human life as a game. It is scary to hear that northern Myanmar is a concentration camp for pyramid schemes. This kind of whimsical, money-making rhetoric deceives people. The reason is that individual abilities cannot compete fairly.
Findingnemo
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November 15, 2022, 11:11:55 AM
 #18

I am thinking the other way, now people from the countries which are not really that rich on paper started to think in more innovative ways and starting future based companies and also people may join MLM because there is no really other way cause their financial sources are limited but sadly most MLM fails or scam so I am never going to recommend that to anyone but starting something even if it's not really profitable now may turn out to be in in future.

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BigBos
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November 17, 2022, 03:31:11 AM
 #19

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 Smiley

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

If Multi Level Marketing were to become a cryptocurrency marketing business model it would look like a Ponzi scheme because there are no items that we can touch when we buy them, only lines and pictures that we get.
a big advantage for those who join early on is a percentage of sales and those who feel at a disadvantage are those who join last.
this will lead to a lot of fraud on a global scale and what is more dangerous is that no one will trust crypto and Bitcoin anymore if this happens.

we often see this marketing system used by companies and the results don't last long, of course, this will make the future of Crypto worse.
TheUltraElite
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November 17, 2022, 08:59:12 AM
 #20

MLM is commonly run across Asian countries considering the economic condition of such countries. Also because low wage earning people often make use of referral networks, these scams commonly progress among communities.

Truth is that MLM will fail in the long run, but when exactly they run away is difficult to predict. For now both stock markets and crypto markets will be running well and you can keep buying from them instead of going for such high risk investments.

End of the day, making quick money is a scam. Crypto itself takes a lot of patience to trade and profit.

R


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