₦airaland Forum

Sahmytee001:
Honestly
I won't say what we know could happen, it's just sad.
I just hope this new investment and securities act will reduce all these useless Ponzi schemes

Exactly bro..

Sahmytee001:
From the "investors" obviously
Don't worry, they're waiting for tomorrow to get reality check. They'll cry and be fine

I pray it just ends at the 'cry and be fine' level.

antibullshit:
Most of the people that are talking here do not understand trading. Cbex cannot be compared with mmm because they are buying and selling crypto and making profit from the price fluctuations. Cbex doesn't need another person's money to pay you. They use your money to make profit. They make small percentage then amount that's being traded with. They also charge you 5 percent when you withdraw which is fair because without them it would be difficult for most people to make profit from the market. It is in no way a Ponzi scheme and has been around for years. Ponzi schemes never last for that long.

So, if you understand trading, explain liquidity and then where does cbex get its liquidity providers

SalamRushdie:
Shameless as usual , you have forgotten the long lines that was a feature at ShopRite under PDP? ShopRite can't even stock goods again because Tinubu has destroyed the economy

I was at Shoprite in Ibadan, they didn't even re-stock and you know why?

Your guess is as good as mine.

ItisWell22:
All these online advisors sef.
He should sue the company for invasion of privacy in or on his private property?

Okay, noted.
He ought to have been informed he’s under surveillance.

2 wrongs don’t make a right still.
He shouldn’t be making out during business hours.

Let's forget about online advisors first..

Now, think about this, if you were the driver, what would you do?

Nyenatetan:
Can you assist me on the derivative trading, I've tried to understand futures trading but it always looks like I'm missing out something, my trades don't go so well , my trades hardly go above 100%
Thanks in advance 🙏

The particular post you quoted here wasn't for you.., it was a response to Fitcorper.

Enjoy your profit boss., just like I enjoyed your sarcasm.

floss:
You’re the reason for her bad character if now is your best time to speak up…. If the situation had been reversed and the lecturer ended up suspended or his employment terminated, will you come here to chase clout?

Just imagine sissies that call themselves men…

A man doesn’t set up camera and start spewing rubbish online.


A man doesn’t set up camera and start spewing rubbish online.

While I may support that this guy's comment is not really necessary, I don't want to believe he's the reason for her bad character.

How is he the reason for her bad character? Because he's just speaking up? Does he need to come online to tell people about her toxic girlfriend few years back? Are you saying that anytime our girlfriends behaves in a bad manner, we have to run to social media to speak up? If he had spoken fee years back, would you have been interested then?

haybhi1:
Okay, here's one. A friend in LAUTECH introduced me to crypto in 2020, I was mad skeptical, me wey kala. He convinced me to invest anything sha... I put 6k or so and forgot it, he bought ETH... 6 months later, I needed cash, hit him up, money don cross 56000 if I remember correctly. Later, he told me he grossed 20M himself doing all that. God knows how much I'd have had if I weren't that skeptical.
Information matters and, of course, risk matters.

I see there's a lot you don't understand.

You're basically comparing investment in Crypto (a decentralized ecosystem) to investment with some random guys you don't know. Do you know that there is no single information about them on Trader Union? Do you also know that they are not regulated by any top-tier regulator.? Do you even know anything about brokers and how they operate?

By the way, if crypto projects gave you that much, why don't you do more of it? Why are you running after this type of models again? I'm sure you really didn't refer any of your friends for the ETH thing abi? Or did they ask you to refer your friends? If you made so much from crypto, why not dive fully into Degen or something. Your friend made 20M from that too. Do you think he'll run this cbex thing with you if you refer him? I doubt it. He has tasted crypto. He'll call this trash.

My preaching here again, bro, I see you have started so long ago, you will win from this scheme if you are smart enough. Smartness starts with withdrawing at least, your capital from that exchange. Also, let your new recruits know the risk they are coming to take.

Lastly, do not compare crypto projects to this thing.

haybhi1:
lol, dey play. I must buy my own car. Na fear never make me really achieve here. If my friend no take the risk, how you Wan make e buy car and do all the great things e Don do so far? Besides, Tinubunomics Don nearly render 1300 useless

Lols... It's all about cars.

It's good to take risks, it's also good to take conservative and calculated risks. Always ask yourself, what if Cbex runs away, what would happen to you? If you can answer your question, then you're good with your next decision.

It's a smart move to at least withdraw a few dollars bro. Just enjoy the life. I don't know your strategy towards this scheme, but I hope you're smart enough.

And also know, people who join later have greater risks.. You started early, I'm sure you'll win, but anyone who joins at the saturation point stands a greater risk.

Peace, out.

haybhi1:
Well you may be right.
But for something I've been doing since March and there's been no single doubt or shaky moment. Something a friend bought a car with. Something I started with 100 and I now have around over 1300 despite my several months of uncommitments.

Bro let my savings remain there. Or,OK, I'll listen to you when you have something else for me I could be doing online that fetches me money too. Then I'll quit

For all I've read here, you've only projected 2 reasons why you think this is a valid scheme;

1. It's been around for a while (since you've been on it since March). Let me argue this by asking: for how long did MMM or Racksterli stayed before they dumped on their community, just to mention a few?
2. You've made a lot of money, including your friend who has even bought a car with this scheme. I knew you were going to say this second discovery, but again, do you know that the fact that a project is paying for a long time doesn't make it legit? Every scam project must first pay money to their preys. That's all part of the plan. Let's call that a trap.

Let's leave all that engagement bro. Sincerely speaking, if I knew about this project long ago, I'd have done it. There's this pattern with which ponzi works, early adopters with smart and no greedy minds will win.

A friend introduced it to me around October or so, but I didn't take it serious because of my valid reasons. He came back to ask if me if I have started a month after, that was when I got a kick to at least make research a bit about them. What I found was very discouraging. Let me leave that to myself so I won't discourage other guys who need money for oblee in the coming year.

Let me say again, if I heard about it as early as you did, I'd have put in some dollars, but now, even if I am doing the project with all my might, I'd be careful about how I propagate their agenda to my fellow guys. I'd rather tell them I have a project that will pay them quick, chop clean mouth money for a short time and also put it in their skull that most likely, these guys will f*ck up at the end of the day.

While I was digging deep about these guys, I saw a picture online where many Nigerians have started making vest and baseball caps(facecaps) with an inscription on it, saying; "Imparting lives" just to promote the scheme. I heard a king in Yorubaland also has his own community. That alone rang a bell. Lols.

The thing is, at this century, we should not exalt these types of schemes anymore. It should just be some chop and clean mouth. While I know that the referral concept will always kick in for profit maximization, sincerely, if I like my down lines, I'd tell them the truth of how I feel about them, rather than using the sugar coated mouth technique to conscript them into my profit making scheme. There's a school of thought that if a a business will fetch you hundred of thousands of naira, an average Nigerian will not invite their friends, referrals contest hop in for reasons y'all know about. Cynical reasons.

You may make all the millions, but your downlines loses all the millions. It's good to call them to come and make money, but it's also good to tell them it's not a financial advice, rather a risk they should be willing to take. After all, what's life without risk? Many Nigerians cannot make research when it comes to making money., I understand the reason though, it's so cold outside, my brother.

I wish I had something else for you, but I can't convince you, because it's not some GET-RICH QUICK SCHEME. But take this home.

1. The fact that a scheme has been hanging around with cronies for a while doesn't mean it is not a scam.
2. The fact that they are paying doesn't mean they are not scam. If they don't pay, they won't give you reasons to participate.

These are daft reasons to believe in a scheme.

So, ENJOY THE FORTUNE BRO, BUT BE SMART ABOUT IT TOO

WAGMI

Lamtexxy:
This Cbex of thing is very legit, it's only a daft person will call this scam or ponzi. Are u telling me that Forex too is a ponzi. Cos I don't understand. You lack knowledge and reamin poorer. This is the updates that gboys hide from you that u think they are doing ritual. Stay there

Let me start by saying I really don't know much., but the little I know is this type of business models end up crashing., and eh, don't compare this to forex, haba.. The two are incomparable.

Now, y'all can go into Cbex with all your might but tread with caution. There's a high probability that it cart away with people's money at a level of saturation. Although I am sure that many people will make a lot of money with this scheme, if greed doesn't creep in. I really have a lot to say, but let me stop here..

You can check the attached pictures.

haybhi1:
okay, my issue with people is that some peeps are inherently daft, and they are always looking for opportunities to showcase that.

Okay, the established protocol anywhere sane is that when intelligent people have doubts about something, they make research about it first before calling it illegal, or ponzi or scam-cohorts or whatever. Now what steps or researches have you taken to confirm your bias?

I don't want to insult you, but please, what's your evidence that I know anyone of these people at all or have seen them or heard them before their DMing me. Provide the evidence beyond my points and I will immediately delete my thread, or account in total, or do whatever you want. And if you can't, I will swear for you to end this year.

What research have you done to confirm its legitimate.. Just because a scheme is paying I'm the meantime doesn't mean it's legit, I hope you know that?

Let me start by saying I really don't know much., but the little I know is this type of business models end up crashing., and eh, don't compare this to forex, haba.. The two are incomparable.

Now, y'all can go into Cbex with all your might but tread with caution. There's a high probability that it cart away with people's money at a level of saturation. Although I am sure that many people will make a lot of money with this scheme, if greed doesn't creep in. I really have a lot to say, but let me stop here..

You can check the attached pictures.

Afronighto:
Frustrated poor teacher transferring aggression to the pupil to the extent of caning him on the head. Prison go make you know say freedom better pass hardship for this Nigeria 😄

It's so obvious that you didn't read this. Please read, it'd take you some couple of minutes.

Seagodess:
can we link up pls? I need more projects? Thanks

Have we linked up yet??

sulaak:
The majority of crypto projects are scams. There are some good crypto projects out there, and I have invested in them (lost money and made money), but you have to be very diligent.

This is where now diligence comes in, trying to sieve out possible scams from these projects. Even at that, I'd say that no crypto projects are 100percent promising, It is a game of risk, but with diligence, carrying out necessary research can help us to stay on the right side of the market. I have never lost any money in airdrops (except Retros).

sulaak:
My workers benefit from a lifetime experiences that allow them to tap into opportunities worldwide—leaving idiots like yourself to be tapping your mobile phone for peanuts. What an idiot! You can understand why a corrupt fool like Tinubu believes it is his right to be Nigeria's president because the country is full of slowpoke like you.

I am really happy you're contributing a token to the economy.., at least you're self-employed and are paying the salaries of other people. Whether little or small, that will put food on their tables and even leave more. That is huge. Very huge.

But to show you the power of Web3 and other fin-markets, can we have a deal? Give me the number of 5 of your employees, let me teach them some stuff whilst they continue working with you.., give me 6 months to a year to work on them, then let us see whether they will choose to still stick with your job or quit for the new skill they have just found.. Then we can proceed to another 5.

Are you in??

Danisaint112:
They are always quick to condemn crypto but quickly hol into ponzi schemes frauds. Funny people. 😁

I just didn't want to say but I am also a beneficiary of Notcoin and my portfolio is worth thousand too even though I didn't take it serious like other projects.

If Nigerian can invest the power they use in condemning crypto into studying and actively participating in crypto related things, they will go far.

Tapswap is the only time I have seen a good amount of Nigerians actively participate in crypto. Probably because some saw many get paid.

Good one boss...Yesterday was great bro. We claimed about three different projects..
➖LayerZero
➖ Lista DAO
➖ Bubble
Money was made from all of these.

And to those big, fat ignoramuses, y'all can send your aza for your daily 2k.

And lastly, to feed your ignorance, there is something called Retroactives when it comes to airdrop, y'all can do your research. That should erase your ignorance about "you are getting money for free" narratives

FitCorper:
So u mean u want to teach me trading 😂 😂 😂 , Jesus is Lord. Seriously una lack respect for this forum. I comment my reserve.

Sorry for my lack of respect bro. Yes, I'd love to teach you.

Teach you the few niches you can dive into in the crypto space. Your original post makes it obvious you know didly-squat about airdrop hunting. But if you have something much better, please tell me, I'm willing to learn more from you.

Again, sorry for my lack of respect, but let me know if you consider my offer. It's fine if you ask for evidence of my success, but let's make that private.

I'll dm you with my WhatsApp number in case you reconsider.

Enjoy boss..

UPDATED

Since we're connected on Nairaland, I couldn't send a direct message. I have pushed an email to you though, asking you if we can connect bro.

I come in peace.

FitCorper:
I pray God delivers Nigerians from demonic manipulations. In Jesus name Amen. Ask yourself if they love you so much to dash u free money without you working for it? And also ask yourself what do they stand to gain? Also where do they get the free money they dash you?

Firstly, I pray that you come back to read this..

Go and read a little about crypto and Web3, your questions would be answered if sincerely you can do. You'll really know if it's free money or not.

And after then, come back to me, with a free mind to learn, I'll teach you for free how you can be a profitable airdrop hunter. I'll give you 10 solid projects you'll interact with, not all are tappings though. If after 6 months, with enough evidence of hard work in the crypto space, you don't make at least 500 dollars, I promise in God's name to pay you 500dollars for your hard work.

Mind the bolder clause, "with enough evidence of hard work". Yeah, don't just think it's all tap and tap and boom, money. Of course, many ignoramus here think that's how it works.

If you make that money from airdrop, I'll expose you to Degen, we'll play with some memecoins on the solana ecosystem that will give you minimum of x5, then if you consider crypto derivative/forex, I'll hold your hands., this last part will cost you midnight candles bro , for months bro. But if you can master this craft, I promise to give you a prop firm account, a minimum of $5k to start your trading career as a forex trader.

If you're in, please hit me up., but the prerequisite is, firstly, go and read a little about crypto and Web3, I'll ask you questions... On the flip side, if you think you can offer me something better and much juicy, then I also promise to lay down all that I know and have to learn at your feet.

You want to know a tad about me, I am not the regular Nairaland user of the comment section, but this ignorance is on another level, I had to crawl out to use the comment section. I'll tell you more about me if you hit me up.

Danisaint112:
Omoh! The comment section are filled with illiterate in crypto (people that don't know jack about crypto) how many people do I even reply. Just when you want to reply on you see a bigger ignoramus. Damn!

Some still don't believe people actually made millions from tapping their screens.

Well I don't totally blame the ignorant people here their government follow dey cause am with the constant attack on crypto. This year go shock una well.

For real boss. How do I explain to these ignoramus that I made millions interacting with different projects called airdrops, and yeah, without me paying a penny? How do I explain to them that my 21 y/o cousin has thousands of dollars in his cold wallet just my interacting with airdrops. How, how can I explain to them? How do I even explain what cold wallet is?

See the lazy Nigerian youths comparing crypto projects with MMM..

Haba.

PHIPEX:
I didn't call it scam, I called it "Lazy approach" that makes people think they will make money by producing or selling nothing.

Have you ever bothered to ask, what value exactly are you adding to the person that promised to make the payment to you?

Baba stop asking these questions.. You're becoming more ridiculous with each questions you ask.

Nonetheless, I can satisfy your curiosity if you're another to read up some contents. Just use your phone and read about the crypto niche called airdrop., then you'd know the value you're adding when engage with airdrop projects.

fightingdemons:
They were asking for people to pay 1 or 0.5ton which is 7000 or 4500 just to double their coin though it was optional

So, how many if your friends opted in for that option?

FitCorper:
I pray God delivers Nigerians from demonic manipulations. In Jesus name Amen. Ask yourself if they love you so much to dash u free money without you working for it? And also ask yourself what do they stand to gain? Also where do they get the free money they dash you?

Don't you think it's you who needs to pray to God to liberate you from the shackles of Ignorance.

For real, you know little, very little. Even your Pastors are deep into Web3. Please pray, add fasting if you need to.

Ignorance is a disease.

PHIPEX:
But they believe by "investing nothing" they will become rich when they tap their own screen?. Why are my fellow Africans this dull?

No, you should ask yourself why you're still dull in this generation. The generation where Web3 is turning lives, but you believe you still have to dig the ground for hours, sweating profusely before you make your urgent 2k.

Rebuke:
I just dey laugh in Spanish here. Have yhu ever asked yhurself the profit this platform will probably be making from yhur tapping that will make them pay yhu any serious amount of money?

I mean, with over 15million users, let's assume they want to even reward each user with $2, that will be 30 million dollars. That's looking at the lowest amount possible, not to talk about some of yhu planning to buy heaven and earth with yhur earning o.

Just sit yhurself down and think about what and how yhur tappings on yhur phone screen will enable them to pay you any reasonable amount of money💰

Coming from my boss that will spend hours on Tiktok and then flip to Instagram..

PHIPEX:
People like you defended MMM with passion and called SEC wicked when they were warned until the doom day came.

So you believe by tapping your screen endlessly you will be a millionaire? You must be a comedian.

No, we don't believe, but I made a million naira by doing simple tasks on notcoin bruv.

Coming from a boss that would spend hours on Tiktok and then flip to Instagram.

So, can you describe ghetto dooms day that will come this time around?

rhynoemmie:
Please has anyone been able to access the senate list.

I can’t check it from my ends

Yes dear.

Drop your details if you don't mind me checking for you.

.

Let the poor breaffff, don't suffocate them