Will you invest in a MLM scam in early stage?

Bugsbey

newbie

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Quote from: lordquanta on February 09, 2017, 03:35:35 AM

Here is a interesting, hypothetical situation. What will you do if there is a MLM scam going on and it is in early stage. It is assuring 10% monthly return in bitcoins (of course it has that referral bonus part as well but it is optional, you don't need referral as you are getting 10% on your investment.). B'cause of it's early stage, people are investing happily and getting returns monthly. In short equation of incoming source money > outgoing money. By looking at situation, let's say this scam/scheme will go on two more year. There are some people who rip benefits from these kind of scams/schemes as they invest very early and in large chunk.

Will you invest in such scheme well before it vanishes with bitcoins/money?

As it is a scam I will surely not join it even if I am benefited by it. It is still best to earn in a good way without hurting or fooling others. It is burden to my conscience if I am going to do it.

Dread Pirate Roberts

sr. member

Activity: 1484

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Quote from: lordquanta on February 09, 2017, 03:35:35 AM

Here is a interesting, hypothetical situation. What will you do if there is a MLM scam going on and it is in early stage. It is assuring 10% monthly return in bitcoins (of course it has that referral bonus part as well but it is optional, you don't need referral as you are getting 10% on your investment.). B'cause of it's early stage, people are investing happily and getting returns monthly. In short equation of incoming source money > outgoing money. By looking at situation, let's say this scam/scheme will go on two more year. There are some people who rip benefits from these kind of scams/schemes as they invest very early and in large chunk.

Will you invest in such scheme well before it vanishes with bitcoins/money?

will not . because not all will also provide benefits even if you are the first person to join him.
so if we already know it is a fraud project. scam or MLM better avoid it. and even if you still choose to join.
in a few days you must have a bad feeling and think with the payment that will be done. it will be stressfull .

jakagintiri

member

Activity: 420

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www.coinxes.io

of course not, although I was fooled by MLM but I do not want other people to feel as I feel, I will actually commemorate the people who will follow the MLM deception.

Psynthax

hero member

Activity: 2296

Merit: 504

Quote from: Whitly on June 09, 2018, 03:29:40 PM

Hard to say for sure, because of two sides moral and profitability/greed. Certainly by investing in a scam and waiting on others to put money in it to make a profit for yourself (and understanding, that your profit will be made from people's money, who will probably never get them back) not makes you look better than the guy who created this scam, but from other side greed, because people who invested after you, don't really have difference with you, since they also waiting on others to put money to make profit from it, so it's something like scam the scammer imo.

There's one more thing, by getting involved into this scam, whether promoting the website or investing hard earned money into this thing, we are indirectly making this MLM grows because the scammer will think that all these people are dumbos who can be easily scammed.
Just I have no excuse of joining this satanic cycle, when I'm the one who lost money into this shit, maybe it will be fine, but luring people to a scam, is really a bad idea I must say. Better off this stupid thing.

Kawasakinamoto

newbie

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Of course I will not invest in MLM scam. Why you will join if you know it is scam. I hate scammers! I don't like to cheat people just because of money. Money is easy to earn but trust of the people is hard.

Reagan_alvaro

newbie

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Quote from: tartaras on April 23, 2017, 03:48:03 AM

Of course not. I am not a greedy money hunter that does invest into something when I know it's an obvious scam. One of my biggest mistake i made in bitcoin is investing in an mlm program. i think if there is MLM which is indicated would be scam we should warning people to not invest at there and should not exploit the situation

I think If everyone avoids putting their hard-earned money into this scam, they will eventually dry up and completely disappear.
I am not a greedy money hunter who invests in something when I know it is a clear deception. The first reason is because I do not want to support scammers, and secondly, I do not want to contribute to people getting a scam because investing in their scams allows them to operate longer because the money comes, and thus they will be able to sacrifice more people. That's why I find people who invest in fraud obviously as bad as the operator itself.

btcblockchain

newbie

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participating in mlm at early stages is far better than investing in mlm at later stages even though risky early investments ar better

stimliall

newbie

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Many people are thinking of investing in MLM early and earning money to withdraw funds!
However, no one can guarantee that it will be the last one to take over, and many people cannot stand the temptation in the face of huge benefits!
The few people who entered the top of the pyramid were making money, and most of the people who entered later lost money.

Whitly

sr. member

Activity: 668

Merit: 255

Hard to say for sure, because of two sides moral and profitability/greed. Certainly by investing in a scam and waiting on others to put money in it to make a profit for yourself (and understanding, that your profit will be made from people's money, who will probably never get them back) not makes you look better than the guy who created this scam, but from other side greed, because people who invested after you, don't really have difference with you, since they also waiting on others to put money to make profit from it, so it's something like scam the scammer imo.

brunokill

newbie

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defintly no.

petyang12

member

Activity: 352

Merit: 10

Only fools would invest in an obvious scam and you would only lose your capital because it is clearly a scam that will only take your money without profit in return. So in short I won't invest PERIOD.

bealjulian

member

Activity: 238

Merit: 10

That is one of the problems with MLM companies they allow recruitment but they don't actually help the new members to earn the money back they pay for the membership, they will always say that they need to be independent in order to be successful in this line of work. Never try to join on the MLM ponzi on the early stage if you are not want to lose your amount. Investing on the early stage is very risky. It looks just try stole another people's money

rose8963

member

Activity: 336

Merit: 10

You said that in your idea, people will earn the same thing regardless if they work hard or if they slack off. A company that's built like that will eventually fall off. People are going to depend on those people that works hard. . And these are more in referral program and this is their scheme system always. they earn only if someone get involve to their companyWell honestly MLM companies

logan16j

member

Activity: 252

Merit: 10

I would not invest in a MLM scam in early stage even if there is a chance of getting profit from it since some needs you to promote first and get some affiliate to get some profit from your investment and I wouldn't want to do that. That is definitely true, there are MLM scams that will not give your outright profit in one go but it will release by percentage depending on schedule. The fear is that even if you belong in the first group

cryptocurious18

full member

Activity: 140

Merit: 100

No I won't invest in a ponzi and mlm scam even in early stage, if you invest in them it means you support the scammer and this scammer surely will comeback with their new scam attempt after they successful with previous scam project

Combi

jr. member

Activity: 79

Merit: 1

I had experienced something like that when I was just beginning to learn about crypto and bitcoin, I was tempted because the beginning of the investment it gives a normal payment but after 3 months I even get a loss Undecided

localcrypto

member

Activity: 287

Merit: 10

they are many cases Mlm investments are risky when u invest in early stages rather than after one year so knowing mlm programs may fail but early bird may get advantage

Ayaah

newbie

Activity: 140

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Quote from: lordquanta on February 09, 2017, 03:35:35 AM

Here is a interesting, hypothetical situation. What will you do if there is a MLM scam going on and it is in early stage. It is assuring 10% monthly return in bitcoins (of course it has that referral bonus part as well but it is optional, you don't need referral as you are getting 10% on your investment.). B'cause of it's early stage, people are investing happily and getting returns monthly. In short equation of incoming source money > outgoing money. By looking at situation, let's say this scam/scheme will go on two more year. There are some people who rip benefits from these kind of scams/schemes as they invest very early and in large chunk.

Will you invest in such scheme well before it vanishes with bitcoins/money?

Well, this is how really very important to us here to not take the risk in joining this kind of investment which is the ponzis scheme like MLM. A lot of people being victimized by this kind of strategic investment. Because the only who can benifits this kind of investment is the leader of the members. So we should be aware in this kind of investment.

Fenderr

jr. member

Activity: 293

Merit: 4

Some people have a penchant for investing in ponzis and other so called money doubling schemes. Sometimes the best time to invest in any of them is to go in at the early stage. Going into the scheme when a lot of people have really benefited from it already, those that subscribed at the latter stage are the ones that get fried. Classic examples are Bitconnet and MMM

ucingucingan

member

Activity: 322

Merit: 10

MLM businesses actually only benefit the people who are above, they benefit from those people downline them and the downline will also look for downline again to the point of saturation where there is no prey again, many programs on behalf of bitcoin, then they go to bring funds from the they produce bad news and negatively affect the bitcoin price movement

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