How much have you withdrawn of your profits to real cash?It is still paying out guys but remember this is a long term investment. Some people plan on compounding for a year others will do it for 4 months then start taking 30% and reinvesting 70%. You will not see returns asap and you need to be patient. I realized this after I jumped in lol
Just to let you know mate I actually agree with some of what you are saying but I decided to test it out based on the op. I've never heard of this before and I'm just explaining what has happened to me.I have done some research on this set up. It is basically a MLM company. The folks on here whose referral links you may have used will be getting a % cut from new referrals. The more people they recruit, the more they earn. The more new recruits the underlings sign up, the more money goes to the bod at the top of the pyramid. It not about selling a ‘product’ or an ‘investment’, it is all about getting your friends and family involved and joining too. It is all an illusion. They are not selling a product, they are promising you returns on a so called ‘currency’ that doesn’t exist in real terms. A currency that you cannot sell when you need to.
My husband’s mate has been ‘trading’ bitcoins for years. He claimed he was a millionaire in bitcoins and was always bragging about it and getting others to join. Alas, things started to unravel due to his personal circs last year, eg car crash, can’t work etc. He had to withdraw his original investment in order to pay his mortgage. When I naively asked, “Why didn’t he sell all his bitcoins to pay his mortgage seeing as he had so many?”. Husband’s response, “Because no one wanted to buy them off him as they were worth shite!”
You TOO can be a recruiter and YOU TOO will get a % of all your undelings’ referrals. This is a classic MLM in action, just like those that you see all over Facebook, eg Younique and JuicePlus.
No wonder the OP has vanished. She got sussed and will now be all over FB promoting #BossMums #ownboss #mumsinvest #mumsinbiz
@Afcafc You are part of a Multi Level Marketing MLM scheme, and you know it. I really don’t think it is fair to recommend this ‘scheme’ to innocent money makers on this forum. It is downright misleading.
FWIW either this thread should be removed to prevent others naively joining a ‘get rich quick scheme paid in a non existent crypto currency’. Alternatively, the warnings about this sort of scheme should be highlighted.
Here is a review...my opinion is to steer well clear:
Welcome to my My Passive Trades Review. Is it a Scam or Legit Opportunity? This review will cover details about the company, the products, and the compensation plan.onlinewealthchronicles.com
It is in dollars so in actual money I have withdrawn $267. I'm just saying it how it is. It looks very long term and also like you said if you get people in then it helps you make more. But I have not recruited anyone. I haven't lost any money but it is a weird model. I am going to withdraw each day then leave 500 in there to compound.How much have you withdrawn of your profits to real cash?
Ye the setup is like a pyramid . But you don’t have to refer anyone to make money , If you don’t refer you will make money but will be much slower.well I looked into it and it looks like a pyramid investment scheme, so you only get money if more people invest, so I'm staying away from it.
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