₦airaland Forum

xscoffy:
They are still defending that it never crashed oooooo.

Greed and poverty won't allow Nigerians to be wise.
Imagine someone calling Ponzi an INVESTMENT.

All this schemes will never work in Nigeria anymore. I once saw some complaining he invested 55mil in MBA. I was like.... "What level of greed is this"?? A company u ain't the owner n anything can happen at any moment. He would have easily used d money to go into properties. If eventually he doesn't get BK his money from MBA, what's he gonna do

My friend even used his life to convince me around June this year to go n invest with MBA, I refused. He did everything possible n I refused. I asked him several questions. If MBA claims they use a robot which helps them monitor d market well n avoid loses, what happens if almost everyone in d forex biz got that same robot? You think d forex companies will happily be running a biz without making profits ??

Forex is equivalent to bet. There is no single difference. Both are profit n loss biz. Now ask urself this question.. if bettors are always winning every game they stake, do u think bookies will continue emerging from no where on daily basis? Bookies are fully aware they are gaining more than the bettors, therefore will continue with their biz n can't close down. This is same thing applicable to d so called forex. If u think it's a joke, them go n learn n start investing. U will end up understanding this analysis.

Those into forex will always find a way to convince u it's better than bet. I have been into both n u can't convince me. The relationship between both is that LOSSES are both involved. Forex traders will always wanna proove to be legit and legal n see bettors as sinful gamblers whereas both parties are in d business of GAMBLING.


MBA was simply into Ponzi. They were using the new investors money to pay the old investors,d moment d newbies influx got low,they started having issues paying again. Issa simple LOGIC

forex is not gambling.betting is gambling I agreed .Forex is more technical and skilled oriented.it is a skill.Thats why some study it to become professionals.There is no luck in it.
For MBA they are just ponzi scheme.They are using forex name to scam ppl that's all.

lagonovo:
FOREX is not Ponzi but Ponzi could be disguised as FOREX.

I am surprise that many are hear displaying their ignorance.
Forex does not have any relationship with ponzi.
But some one can use forex name to organize ponzi.Ask G guys.

Well deserved .go for it

My brother it is sth else these days.