Ponzi schemes are SCAM❗️❗️
Good day to you all my tutors and learners here on hive.
I remain this humble soul who is always ready to appreciate my existence on the surface, once we realize that staying alive is never by our power or might then we know that all we have to do in life is to thank God for his mercy and grace over us.
Many times we get to sort for means of survival and to get this survival means one needs to have money. So money making is one way to survive and remain independent. So people go into different means to earn money and gather wealth. As we plan on gathering more wealth we should also know that some people are out there sourcing for a way to rip off our money.
There are a lot of people out there advising on how to make a lot of money online, many would share their experiences on how they have made multiple purchases and trades online and their profits too. But at the end of it, most people end up using people who become victims of their scam schemes.
Out of my experience, I would say there is a lower chance of making money online believing all those scam sites and schemes. Legit money-making websites don’t need to force people before joining or through persuading people via referral.
This would take me to the prompt word for the contest by @Inuke in the Indiaunited community and the topic to be discussed is SCAM EXPERIENCE
I remembered some days in the past when I was still on the outreach for money. Though I am not so desperate for money, I needed some then. I was on some other platform that pays a few cents and it’s withdrawable but to get something meaningful you have to work yourself up so much to the extent that the money might not be worth the stress anymore.
While I was having a chat with a friend of mine I got informed of a platform where I can earn money not even tokens but now in our local currency and I can also make a withdrawal immediately. I was wowed after hearing such from my friend. I requested a link to join the website and register. But to my greatest surprise, he told me I can’t log in unless I pay some amount of money. My body got relaxed immediately after hearing about the money to be paid. I felt reluctant about it and told him this scheme won’t last.
I paid the registration fee after which I told my friend that referred me that of all my years earning online this would be the first time I am going to pay before I earn. He was like “how do I want to make more money if I don’t invest my money.” I looked at it but registered out of disturbance.
After that, I had to start working so I can have something to withdraw when it was time to withdraw. I asked how I would get to work and my friend told me it’s not something hard that I have to refer some people to pay the same amount I paid for registrations before I could get something to withdraw. Immediately he said so I knew I already fell into a Ponzi scheme. I was so furious at him for not telling me about it before I made my pay and put my funds in it. I blamed myself for not being able to read more about it online before adding my funds.
I don’t want people to fall into the same mistake I made, I couldn’t refer anyone and I knew there was no way for me to withdraw my funds too. I just had to fall for the scam and accept my fate. I knew I already lost my money to the Ponzi. A few weeks later I realized that the platform had already crashed and my friend lost all his money due to the platform crash.
Since then it became my first and last experience with Ponzi and I promised myself never to get scammed by Ponzi schemes ever again.
