1

Stay away from anything called Gamble

Shikena

It is a form of gambling which God detests.

GoLEarn:


Cryptocurrency is no scam though. But scam project exist in cryptocurrency. I'm a crypto trader myself and your due diligence must be conducted before investing in any coin or token.

I'm not saying a good coin or token can't reduce your money but they'll always rise back up after some period of time and give you more profit than you imagine if you are able to hodl.

guy teach me how dat thing works Pls

Greed and impatience will not allow them avoid ponzi schemes

Hmm

Fedrick100:
Especially rackstarli and primevalut.thunder go fire those people

Funniest part this racksterli guy locked all comment sections so old investors can’t comment what’s really going on. And the new ones don’t know what they’re into yet.

Probably built with proceeds from a ponzi scheme

addexx:
Naija no dey ever hear word. Till tomorrow people go still participate.


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For details:

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The trick is to know at what level the triangle has reached before it bottoms-out and crashes on the unfortunate bottom-feeders.

If you enter in early, you can continue cashing-out with the criminals until it crashes - just make sure your reinvestment formula is like this

Invest only 20$ of your returns and no more i.e. 20% of your profit from the PONZI scheme

They work with the efcc

freshprince77:


Funniest part this racksterli guy locked all comment sections so old investors can’t comment what’s really going on. And the new ones don’t know what they’re into yet.

Stay away from Ponzi schemes and HYIPs, unless you or your friends are the criminals behind the scheme.

There's no punishment for Ponzi scheme scammers. The government doesn't care about the scammers and their ignorant customers.

So, use your head.

Curious345:
They work with the efcc

Work with them? Elaborate please

Hmm

XshegzzyeeiX:
N10,000 someone dashed me was invested on cryptocurrencies.

Just under 2 hours, the value of the alternate coin I purchased reduced drastically.

Lost it all. Lesson learnt. I'll find something more valuable and reliable to dive into. Man must survive.

sorry for your loss
Crypto is not part of Ponzi scheme

Sad Bitcoin experienced a huge set back this week all because of Ellon musk

BTC is nice when you know how to go about it
Know when to buy and when to sell
You can do BTC management if you are good and earn more than 100k profit monthly

Just master BTC I m good in it
I do make some lose but my gains are huge

Just try again

And one thing you most know
You don’t buy 10k worth BTC and expect gains
Even 1m is too small

Wen you are ready study BTC try to get sound knowledge before u dive in again
Success

GoLEarn:


Cryptocurrency is no scam though. But scam project exist in cryptocurrency. I'm a crypto trader myself and your due diligence must be conducted before investing in any coin or token.

I'm not saying a good coin or token can't reduce your money but they'll always rise back up after some period of time and give you more profit than you imagine if you are able to hodl.

please can you give me ur contact? I want to learn about crypto and probably purchase and save for the future.thanks

Never in your life call Cryptocurrency a Ponzy or Scam.
World Richest people do invest in it, no matter how the price go down just Hold and don't Panic Sell and the price will surprise you after.
People are turning their bank cash into Cryptocurrencies because the future is Digital.

Go and talk about dem MMM, Racksterli, Ultimate Cycler and Al other related Ponzy scam but not Cryptocurrency

No risk, No reward right?

GoLEarn:
As an experienced Man in the industry of Ponzi schemes(I used to be a firm believer in some Ponzi schemes too till I was shenked). I've to realize that they are all bound to fail and are only legit as long as they can pay some people.

Several Ponzi scheme have come and gone leaving millions of Nigerian in abject poverty, promising them outrageous returns in order to rip them of their hard earned money. Sometimes I just wish a Ponzi scheme can start and they will be forced to close up because nobody has interest in them but no, Nigerians keep investing with these thieves only for them to be scammed time and time again

These are some of the reasons why you should stay away from Ponzi schemes/ Investment schemes that promises high Returns

1. They'll go to any extent to hoodwink you into trusting them before they show you who they really are;

This is very common with Ponzi scheme, most of them don't mind spending money to make them look like a saint in the initial stages of these schemes. Don't fall for it. This is just to gain the trust of people temporarily before they release the noose on their necks.

They will go as far as paying celebrity (just like Racksterli) to market these schemes, forging certificate from several board too, paying huge referrer bonuses to get greedy marketers to market these schemes for them. All these are there antics to get greedy Nigerians onboard to those Schemes.


2. Most of these Ponzi scheme are created by Online fraudster who uses them as a way to accumulate undue wealth;

Ponzi schemes are manufactured by Online fraudsters that are not fazed about leaving a lot of people in tears to accumulate undue wealth to themselves.
Some chose to remain anonymous while the bold ones will reveal their identity to scam Nigerians because they know the system is weak and they won't be prosecuted about it. Nigerians will even cheer them up for their money in the later future.

3. The mentality of an average Nigerian is forever ingrained in all of these CEOs(Trust nobody ) ;

Nigerians are different set of breeds and a lot of Nations have us in a bad light because of the actions of the powerful Nigerians. There is a saying that "Power corrupts and absolute power corrupts absolutely"- John Dalbag. I cant agree less. A lot of money gives power and power will mess these people up and make go Scot free with your money and you won't be able to do a thing. I can never and will never involve in any invesment scheme of a Nigerian cos most Nigerians will only whine about their leaders being bad leaders and bad financial managers and they'll do worst if given the chance.

A lot of invesment CEO's after managing investment for a little way, you see them acquiring luxurious things and living large with people money. Of course, the next thing we hear after then is Crash

4. Ponzi scheme won't allow your growth in the appropriate capacity;

A lot of people that does Ponzi scheme limits themselves. They depend on these schemes to give them the passive income they can generate on their own. You hear statement like "it's new, let's take advantage of it", "they are still paying". Till it ends in tears and gnashing of teeth and another Ponzi scheme comes around.

Why do all these pyramid schemes when you can generate the returns these Ponzi scheme gives you and more if you invest in yourself. You can learn to trade the financial market, you can do affiliating, you can freelance, dropshitting and other ways of passive income. You just have to learn first and then you'll earn from these things.

Spend money on knowledge, expand your horizons, test the waters, it might not be smooth but gradually, you will be able to generate wealth for yourself online.

5. Add Yours

@Op u don hear-ram...., pls accept my condolence

XshegzzyeeiX:
N10,000 someone dashed me was invested on cryptocurrencies.

Just under 2 hours, the value of the alternate coin I purchased reduced drastically.

Lost it all. Lesson learnt. I'll find something more valuable and reliable to dive into. Man must survive.

you're wrong man, you panic sell thinking it's going to fall, crypto particularly bitcoin isn't ponzi.. You should have leave the coin and remain calm until it pump again and moreover you shouldn't expect much profit on 10 thousand naira value

XshegzzyeeiX:
N10,000 someone dashed me was invested on cryptocurrencies.

Just under 2 hours, the value of the alternate coin I purchased reduced drastically.

Lost it all. Lesson learnt. I'll find something more valuable and reliable to dive into. Man must survive.

exactly.
I bought doge worth 130k.
Within three days I'm seeing 78k on my binanace account. I've lost over 50k. Its not worth it

GoLEarn:


Cryptocurrency is no scam though. But scam project exist in cryptocurrency. I'm a crypto trader myself and your due diligence must be conducted before investing in any coin or token.

I'm not saying a good coin or token can't reduce your money but they'll always rise back up after some period of time and give you more profit than you imagine if you are able to hodl.

No vex abeg. Could you put me through?

freshprince77:


Work with them? Elaborate please

the ponzi scheme are a cash cow used to finance covert operations. Ask the CIA and America DEA how they use drug money to fund operations and even sponsor coup detat .

So don't be surprised to find out that some intelligence agencies are behind the Ponzi scheme

Kokaine:
exactly.
I bought doge worth 130k.
Within three days I'm seeing 78k on my binanace account. I've lost over 50k. Its not worth it

doge to the moon.. what happened to you

Kokaine:
exactly.
I bought doge worth 130k.
Within three days I'm seeing 78k on my binanace account. I've lost over 50k. Its not worth it

of you invested that 130k 6 weeks ago, it will be worth 13m today

Ponzi sweet jor. Just look for the one that's not more than 2 months and put your money. Do it once and stop. Don't let greed make you put it in the second time

Only greedy people fall for Ponzi schemes

You sef be novice.. na only BTC you know,?

Prechgold1180:
sorry for your loss
Crypto is not part of Ponzi scheme

Sad Bitcoin experienced a huge set back this week all because of Ellon musk

BTC is nice when you know how to go about it
Know when to buy and when to sell
You can do BTC management if you are good and earn more than 100k profit monthly

Just master BTC I m good in it
I do make some lose but my gains are huge

Just try again

And one thing you most know
You don’t buy 10k worth BTC and expect gains
Even 1m is too small

Wen you are ready study BTC try to get sound knowledge before u dive in again
Success

obembet:
Please how can I recover my money from
BARA . Just like MBA, they never pay me anything, they keep posting me, they are using bank and FG for excuse. Pls help me o.

Can I create thread for it please..

You either dey Yenagoa or Port Harcourt; Miebi don cash out your money.

GoLEarn:


Cryptocurrency is no scam though. But scam project exist in cryptocurrency. I'm a crypto trader myself and your due diligence must be conducted before investing in any coin or token.

I'm not saying a good coin or token can't reduce your money but they'll always rise back up after some period of time and give you more profit than you imagine if you are able to hodl.

Say what?

You're a victim of a scam. Your case has been closed long ago

obembet:
Please how can I recover my money from
BARA . Just like MBA, they never pay me anything, they keep posting me, they are using bank and FG for excuse. Pls help me o.

Can I create thread for it please..