Post
Topic
Board Economics
Re: Will you invest in a MLM scam in early stage?
by
Harlot
on 01/04/2017, 10:48:54 UTC
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?
No and never , MLM are only scam . Here the MLM is only the thing where you can see the upper level people are making lots of money but lower are getting into hardwork only .
It is just a matter of thing that how did the people will generate money in the MLM business .
It is just like the Ponzi scheme of the site that gives the return of 109-200% a month Wink that is totally scam and the site run continuously until the investment became slow.
To be fair with MLM people. I can say that not all MLM business is clearly a scam because most of them are good investment because they have a good product and they offer good opportunity for us to earn a lot of money by just doing networking or recruiting other people to be included in your team and that is why MLM is like a short cut for other people to be rich or get a lot of money so for me it is not clearly a scam for all MLM business because there is still MLM business that are good and worth to try.
Well honestly MLM companies real way of earning money is not really about their products but on how many people join and sign up to them as recruits to other people, which is called their upline. There are no real losers here except when the company goes bust or you as a person won't be active recruiting other people. The only bad thing I see about MLM or Networking is that some people try to blind people with promises of being rich so that they can join to be part of their downline and then later on leave them without any help or whatsoever.