Ponzi scheme
@Peterlight (64)
July 29, 2022 12:32pm CST
I know that most of us have sometimes invested in a ponzi scheme before or are still investing.
What people don't know about ponzi schemes are, they are high yield risk investment which means it's 50/50 chance investment.
I once borrowed $500 to invest in a ponzi scheme back in 2019. As soon as I got my interest of $700, the site fold up and ran away with hundred thousands of dollars and since then I just had to watch the way I invest in them.
I still invest in ponzi but I don't put all in because I know how it works and I don't go for the max investment, I only invest $5 to $10 which I do get my interest in just 10 days
3 people like this
3 responses
@luisga814 (7138)
• Quezon City, Philippines
29 Jul 22
Investment is somewhat like risky. My only investment right now is GInvest in our country amounting $10 only. Just waiting that to mature before I'll withdraw it.
1 person likes this
@Peterlight (64)
•
29 Jul 22
How long does it take to get your money and what's the minimum withdrawal
1 person likes this
@luisga814 (7138)
• Quezon City, Philippines
29 Jul 22
@Peterlight It depends upon, you can withdraw of you want after 48 hours. The minimum withdrawal should be $1.
1 person likes this
@Peterlight (64)
•
29 Jul 22
@luisga814 how do they give interest because the one I am doing I get back my total investment back in 9 days to 10 and I get to cashout in crypto and local banks
1 person likes this
@Greencindere (669)
•
29 Jul 22
I have never invested in one and I don’t believe I will.
1 person likes this
