Are you a Direct Purchaser or a MLM promoter of crypto currencies?
I am a direct purchaser of crypto currencies. Usually I prefer Coinbase and Bittrex for my transactions. First of all let me say congratulations for the one who prefer direct purchases and stay away from the MLM’s.
Why most of the enthusiast in crypto world doesn’t promote MLM’s?
The main reason is that their existence itself. Most of the famous MLM’s they don’t want to reveal their ownership’s also the promoters of that MLM..why? they know that one day they will vanish from the world once they achieve their target money. The second main reason is that the mind blowing promotions/offers that the MLM put forward, that can never achievable anyway.
Think yourself deeply before going to invest on these kind of traps. If you can think and research by yourself then why do you sleep on railway track? Also don’t ever Invest on such a trap by some greedy promoters honey wording. They knows that people are very greedy in terms of money, so we can easily fool them. Don’t be a fool ever.
It’s my personal opinion about that and I don’t have any intention to de-promote them. So if you like and invest on them that totally on your hand, and don’t take this as an advice, it’s just an opinion from my side.
I want to share this video for you, from an International Speaker and a coach. Watch out this..
What you guys say about these crypto currency MLM's. Your comments in reply.
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I can only respond based on my experience with Bitconnect. Bitconnect is not a scam because everyone gets paid. The other thing is the motivation for something like Bitconnect can be found in this quote:
“The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve.” - Satoshi Nakamoto, Feb 2009
Satoshi Nakamoto did not favor the exploitation of the banks. The crypto banks are now possible and Bitconnect is the first attempt. Of course people from fiat will call it a Ponzi, and people who work in finance tend to not like Bitconnect, but for the little guy Bitconnect is so much better than banks.
The bank charges you to lend them your money. They then invest your money and give you nothing in return but fees. So why do people keep putting their money into the bank if it is nothing but a Ponzi scheme?
Nice information