SEC-S17W3- "Let's talk about Ponzi scheme"
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Ponzi is a pyramid scheme. I heard about it a long time ago and unfortunately, I also participated in it more than once. When I started my" work " on the internet, I entered into many projects that turned out to be financial pyramids. I made some money from it, but I also lost some money. I didn't know how the pyramid scheme worked. Now I know, and I'm sure I'll never get into anything like this again. Unfortunately, such projects sooner or later fall, and those who entered the project first make money. They have a few people under them who also have a few people and so on. This is how the pyramid is formed, and the person who is at the top earns from each person some percentage. When the person at the top has already earned enough, then the project is likely to collapse. At least that was the case with the Ponzi schemes I was involved in.
Have I ever been offered a Ponzi investment? Yeah. I even got into one. The site was called ai.marketing, they told us that this site relies on an automated affiliate. The bot did everything for us, and sent links to people, when someone entered it, the bot earned a commission for us. Of course, it was a lie, but it was so well done that 90% of people believed it, and so did I. This project has worked for a very long time, since almost 3 years. I put about $ 500 into it, and after six months I had $ 2,000, I didn't have to do anything, I just put money into it and waited. When I earned that $ 2,000, strange things started happening on the site, some errors, and the like. I got scared and paid the money quickly. Luckily I did because 2 months later the site was down. I managed to make money, but the risk was huge, like in any Ponzi scheme.
It is easy to detect Ponzi schemes. I enter the pages https://hypestat.com/, trustpilot.com I'm doing research. I'm looking for information. I've learned to recognize it. I'll tell you the rule I follow. You can't make a lot of money in a very short time without investment. Steemit is different. Here you have to earn your reputation, which I have been doing for several years. Steemit is not Ponzi. Of course, the one who has more Steem Power has more voice, but it depends on him how much he will work here, how much money he will put into this site, and what kind of people he will support. This is a wonderful community. There is, never has been, and never will be a pyramid scheme. For me, Steemit is a golden site for people who want to make money on the internet, and for that still meet a lot of valuable people.
I invite
@kyrie1234
@moyeon
@jasminemary
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