Ponzi Scheme: An Obstacle Towards Investment Mentality

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When we mention the word Ponzi, it is one thing that isnt new to everyone because in one way or the other we have engage in it and experience the negative benefit yield. Nowadays, if anyone mention or engage in ponzi, all i see it greed. It is really hard for anyone to accept that they have this greedy traits within them till the day they start showing it especially in some certain situation. No one is left out.

I can remember vividly, the first ponzi scheme business that reign long time ago which is popularly known as MMM which was founded by the Marvodi brothers. That is the first online business I came across and that is when I started hearing about bitcoin because it was somehow used as a means to provide and get help in one of the business aspect. I was sceptical about using the platform even though i register but I was wondering how the money will keep flowing in and what gain is there. To cut the story short, the day it crash or should I say when they start freezing people account, that was when I know how greedy people can be. Well lot of people really suffered because some lost huge funds/capital to this so called MMM.

As If that isnt the end, different business strategy started coming up while using same MMM idea but twisted and remold in a way to lure and deceive people who want to make quick funds without investing. Most of this business head Office is always on whatsapp groups and within days/week, the lifecycle of the business idea will end and the maker will abscond with people hard earn money. I even have friends that got burnt, most dont heed to my advice and they turn me to their enemy, you know that kind of situation.

Investment Vs Ponzi: Can The Fight Ever End

Even up till now, you will be surprised most of this people dont know the meaning of this two words because to them, they are also investing without having the idea or maybe they are neglecting the fact that they are only encouraging this money doublers. After everything, they will find it very hard to even participate in legit ones because of their past experience, this make them lose even more opportunities. You need to be able to differentiate and know this two are world apart, and a legit investment will always require you to have a long term goal, your engagement and also making research your friends. There is nothing you can find on google, that is the first place you even need to visit anytime you need some certain information and reviews.

You make research on how such invest work, the ROI involve, the Percentage and all necessary informations, and there are some Red flag you should always avoid; like all this invite certain amount of people to earn, get 50% returns in x days ( mostly days or weeks) or if they are too good to be true. Always do every means to avoid things relating to ponzi and have this patience to acquire knowledge about what you want to engage in, this is very important



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