What you think about this ponzi scheme ?

[Makus]

I think those ponzi scheme happens to be scam, a friend of my ask me to buy this coin at the early stage when it has no value, before they will get listed in market for exchange only for me to discover that the coin happens to be scam.

Things like this happen all the time, but the only way you could save your self from it is when you simple avoid it. I know many trader has made lots of profits from investing in coins that have not yet been listed in exchanges and when they list the coins, the price of the project just appreciate, having a high volatility and they get a x5 or x10 or even x100 but the problem is there are now so many scam projects out there, so how can you tell which project is genuine. Even after a project is listed on exchange, chances that the project may fail is still high.

[martinex]

The latest is in the Layer 2 Explosion Network Project and the large number of victims whose loss value is estimated at 420 ETH. So, whatever project is predicted to produce results quickly, it is best to analyze it first, otherwise the same case will continue to arise again even though it is supported by the support of a leading venture capital company whatever its name so that it can attract many people. to come and put their money into their ecosystem

[evichi]

Since you have already identified the project as a ponzi scheme, I think you should not bother to take part on the project. Crypto enthusiasts are aim to make the Crypto space free of scams, and as much as possible downplay on scam projects that have the potential to hurt and steal people's money. More over,  they may have a new strategy; they might decide to rug pull early than usual, who knows. In my opinion,  just keep away from such projects as your own little way to sanitize the crypto space.

[husencoe]

Ponzi schemes do have big risks.  But it also has big profit opportunities too.  As you said, they can disappear at any time and we will lose our assets.  and if you are ready to take the risk, it might not be a problem for you.  but on the social side, you only provide the potential for this project to grow further.  It's certainly good for the owner, but many people become victims in the end.  You may can get profit from your quicker participation.  But there will be people who have to bear the losses when this project get stuck or stop operating.  And I think you are on the wrong ways if you participate in this project.

[Sophokles]

The latest is in the Layer 2 Explosion Network Project and the large number of victims whose loss value is estimated at 420 ETH. So, whatever project is predicted to produce results quickly, it is best to analyze it first, otherwise the same case will continue to arise again even though it is supported by the support of a leading venture capital company whatever its name so that it can attract many people. to come and put their money into their ecosystem

This is the start as we are in the bull market and investors are looking for new project to invest in where they can make 100x and will try to farm the new ecosystem project for any potential airdrop. Scammers will use this opportunity to launch new scam projects. A new ecosystem should be careful about promoting any new project in their ecosystem. If they found to help scam project to promote then investors will turn away from that ecosystem as well and there are already too many ecosystem that there is always something to move on.

[Y3shot]

With the ponzi scheme we came across some years back people haven't still learn a good lesson. The problem people always have is having th mindset of making money quick. Ponzi scheme is very risky because it is a centralized scheme that will definitely get crash.  No ponzi scheme have ever lasted. It will be better people shouldn't put their money in ponzi because it is very risky  and it never considered to be a safe investment to go into.

[Obim34]

With the ponzi scheme we came across some years back people haven't still learn a good lesson. The problem people always have is having th mindset of making money quick. Ponzi scheme is very risky because it is a centralized scheme that will definitely get crash.  No ponzi scheme have ever lasted. It will be better people shouldn't put their money in ponzi because it is very risky  and it never considered to be a safe investment to go into.

Ponzi scheme is no good means of earning, only the developers and first set of people involved gets profits from it. Ponzi scheme doesn't last upto to 2 months every possibility of it crashing between the end of the first month and the middle of second month. Anyone who finds it necessary should be very careful or avoid it.

[Bitstar_coin]

Found another ponzi scheme where you lock your funds and get rewards for the lifetime i am sure its a kind of scam but those who ape in early on the scheme get good profit in 2021 there's a project called baked beans i get 40% profit of my investment and in 3 4 months that project crashed and now a days MINU with the marketcap of 6Million is trending and people took huge profit from it now there a project called MPEPE follow the same steps i am thinking to  invest in that project on early stages and get profit from it i know later on its also gonna crash but if i ape in early it might give me good profit so what you guys think i am in the right direction or not ?

Website: https://minerpepe.com/

Since you are very familiar with all the ponzi investment site and you also patronise them what is the essence of making a post here in the forum?
Are you indirectly Shilling this scam site? Because you can't seriously tell me you are seeking advice from forum members when you clearly know more about such ponzi sites than majority of us here.
All I can say is good luck with your dangerous quest, hope you don't learn in a hard way.

[cryptoaddictchie]

i am thinking to  invest in that project on early stages and get profit from it i know later on its also gonna crash but if i ape in early it might give me good profit so what you guys think i am in the right direction or not ?

Like Ive always said theres a reward for a risk taker when he able to catch a good one. But in the swarming sea of scams on memecoin only handful of project can do a good multiplier. Anyways I am staying away from shitcoin for now as its gonna get diluted and shifted to a new trend. Whose catching some good profits now?

[Bushdark]

You are sure that it is a ponzi but you're even making it look like you're encouraging people to get in while it's too early. You're didn't even just said one project but many of them on this thread so stop encouraging people with these ponzi schemes and much better to remove that clickable link so people won't be able to visit them.

Whether we are interested in Ponzi scheme or not I don't think it really worth our time.
There are many people that have involved themselves in ponzi and about 95% have lost money they supposed to use for something else and put the money into scheme that took it away. It is important we know what we are doing and invest our money in something that would help us to make more money but not ponzi related. We need to be wise and keep to actions.

[oktana]

Getting rewards for a lifetime is obviously an empty promise because no matter how genuine the owners of any Ponzi scheme is, the cycle of money eventually gets broken (maybe because someone wants to make more and they can’t supply more or because people are backing out. Of course people who get in early are the ones that reap the fruit but you shouldn’t risk it because you never know the tactics they could use to lure and keep you there for longer time and sooner or later, you’ll lose your money.

[johnsaributua]

Ponzi schemes continue to evolve with digitalization getting smoother and smoother, I do not condone these schemes regardless of the goods, services or investments being compared. You're having dark problems with this site? logically if it doesn't enter my mind of course I don't follow it no matter how much I will get both roi and apy. before you speculate and invest thoroughly you can research first or maybe just a few $ to find out the deposit and withdrawal procedures and the time period.

Large profits, minimal capital and easy stages including attractive are the expectations of everyone in investment but I realize that sites like this are a game and recognize your risk with the assets you deposit. Separate the wallet that you use for daily use from the savings wallet that is specifically for holding because prevention is better than the already.

I think you will experience a new journey with every coin you explore into the future.

[yazher]

Don't you ever try to get your hands on a Ponzi-Scheme platform because it's pure evil and you might not only get yourself scammed by these evil doers but you might also influence others to invest as well because usually they have invitation rewards which kinda interesting but it's just another lure to get others that are innocent in such kinds of investment, there are many people who fell victim to this kind of scenario where they are not only been lured to invest but they invite others as well. So you better not put any site here if you happen to find one just prevent others and warn them not to get in touch with any of those kinds of scams.

[Makus]

Ponzi schemes aren't worth playing with, because if you go closer, they might even end up convincing you to agree to their terms and from there, it'll just be story left to tell. Further you keep yourself away from ponzi the better for you. Most persons don even know it's a ponzi before they fall in, whenever you see an offer that is too good to be true, you should just consider it a ponzi first, then make your research to back up you opinion. I have come across so many offers that are ponzi, and I never tried anyone to see it might even get lucky at first because I rather stay away than let them convincing me.

[Kelward]

Once you detect a ponzi scheme project, why still bother to analyze it?
I skip this kind of project right away and mind you, they are still growing and they are using a different strategy now to attract investors so be cautious when you are investing on a project that you are not familiar yet because it can be a ponzi scheme as well, better to invest on a established project already and be more safe.

Knowing very well that a project is a Ponzi scheme and yet you go ahead to invest in it is like dining with the devil, you might get the reward of greed, because you don't know when their evil portal will close and you will lose your investment capital. The only advantage of people who knows the criminality of Ponzi schemes and still goes ahead to invest in them is if they enter among the early investors, before many people will enter and the Ponzi will disappear, they must have received substantial ROI. Although I wouldn't advice any serious investors to put their money or refare people in Ponzi schemes because you don't know when they will vanish with investors funds.

[Mpamaegbu]

Knowing very well that a project is a Ponzi scheme and yet you go ahead to invest in it is like dining with the devil, you might get the reward of greed, because you don't know when their evil portal will close and you will lose your investment capital.

Most of those who invest in Ponzi already know what they're getting into but would hope   they escaped before the eminent collapse happens. I do think, on the part of uprightness, that it's wrong to patronize a project one already knows is a scam.

Although I wouldn't advice any serious investors to put their money or refare people in Ponzi schemes because you don't know when they will vanish with investors funds.

No shrewd investor would even invest in something they know will crash before it's properly settled. Those who do invest in ponzi are people who believe crypto is a shortcut to wealth and would use every possible means to achieve it. For such people, I don't waste my sympathy on them. They deserve what comes to them.

[redsun114]

Really? You already know that it's a Ponzi scheme but still ask us if what we think about it, haha. I think it would be better if we can avoid projects like this, because we can't get any benefit with them. There are still other projects that has the same approach or concept.

It might be called as Staking where you lock your funds and earn something but the only difference of them to here is they are legit. Some exchanges and wallets that we use, can also offer the same feature/service. I don't like them though and for me I prefer to HODL my coins alone. I wouldn't compromise my security or safety over some timely rewards or even if we say their offers are juicy.

[Tmoonz]

Found another ponzi scheme where you lock your funds and get rewards for the lifetime i am sure its a kind of scam but those who ape in early on the scheme get good profit in 2021 there's a project called baked beans i get 40% profit of my investment and in 3 4 months that project crashed and now a days MINU with the marketcap of 6Million is trending and people took huge profit from it now there a project called MPEPE follow the same steps i am thinking to  invest in that project on early stages and get profit from it i know later on its also gonna crash but if i ape in early it might give me good profit so what you guys think i am in the right direction or not ?

Website: https://minerpepe.com/

Though being part of a project early stage can be profitable but the truth is that there is no guarantee that you might be able to take your profits before it crashes or being dump, out of greed you might decide to leave it for a certain period of time and when it reaches that particular time you may decide not to take your profits again and by so doing you at risk  but however, is best you understand your  tolerance level and make certain plans Incase things goes side ways, another thing is that don't be too greedy in terms of taking profits is you see any, profit is profits it must not be a huge profits that is my advice.

[crwth]

As long as it isn’t a good project, you will always lose your money. If it’s too good to be true, you need to make sure you see the proof and verify it. Do not feel FOMO if you let down on a certain project, there are other legitimate projects to invest in.

Be vigilant with those types of projects for sure.