SEC-S17W3- "Let's talk about the Ponzi scheme"

in Scouts y sus Amigos6 months ago

"Hi friends I hope you are blessed I am good. Today I am going to participate in another contest that is really exciting and extraordinary to be discussed SEC-S17W3- "Let's talk about the Ponzi scheme".

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Edited in collage app

Have you heard about ponzi schemes?

Yeah I have heard about ponzi schemes about three years ago, perhaps its a kind of business in which company plays with people in a way that got investment from new users and returned it to the older ones and it gave such motivation and striking features of profit people may got victimized from it.

Well we wanted money and to be rich in short span of time and yeah unemployment is all over and few people are seeking such investment plan in which they had to invest minimum amoount and got higher profit in very short time period.

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Perhaps many people attracted towards ponzi scheme as less investment and there is no much time to got profits and this is one of the major reason people has victim of ponzi and similar schemes.

Have you been offered to invest in any of these schemes?

To be very honestly it has happened with me in 2021 and I couldn't share it to anyone because of shame and surprised on my stupid behavior how it may happened with me.

I have Facebook friend to whom I asked about online earning he said yeah I have work work for you, you need to invest little amount of money and you will high profit just do one things invite more and more friend s I don't why I didn't ask more because she sent me proof of withdraw.

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Well I arranged money and got registered and also invited three friends to join. In next day I contact her she blocked me I try hard to reach her but there was useless.

Do you know how to detect Ponzi schemes?

Yeah now after becoming victimized of ponzi scheme I am very aware how I can detect it.

  • When I have asked to investment of little money and I got higher profit in a day and two days.

  • When I gave show different proof of withdraw and they are just fake no reality is there I can guess it IRS scam and nothing else.

  • When I have to ask arrange more and more referral and their friends its fake and pyre scam because they are playing with us.

  • When I ask what I have to do, they told sit invest😣refer and earn you no need to do anything just collect huge amount of money in few days while do nothing its obviously scam.

Do you think Steemit is a ponzi scheme?

No, not at all how the steemit can be ponzi scheme its highly safe transparent and such a amazing platform for working.

As it rewards in the basis of high quality content, patience and hard working is needed there because there is no scheme on steemit which makes you rich in a day. You have to work hard and be consistent the reward and success is waiting for me.

Its all about my today's post. I would say special thanks to all my steemian friends who put their efforts and precious time to read my post and leave highly valuable comment.

I would like to invite my friends @suboohi, @sualeha and @maryamnadeem to take part in the challenge.

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Greetings friend,
I think I understand how you must have felt in that situation. It's really tough when something like that happens, and it's normal to feel ashamed and surprised at your own actions.

So, what happened was, you had a Facebook friend who offered you an opportunity to earn money online. They said all you had to do was invest a small amount of money and you would get high profits. They even showed you proof of withdrawals, so it seemed legit.

You trusted them and went ahead with it, registering and even inviting three friends to join. But the next day, when you tried to contact them, they blocked you. You tried everything to reach out, but it was all in vain.

Unfortunately, some people take advantage of others like that. They make false promises and disappear once they get what they want. It's important to be cautious and sceptical when it comes to online opportunities, especially when money is involved.

Don't beat yourself up too much about it. We all make mistakes, and it's a learning experience. Just remember to be careful and do your research before getting involved in anything like that again. Good luck.

Thank you, friend!
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Hi @drhire it good reading your entire entry you have explain everything in good shape, I will say with you steemit is not a scam platform 😯, this platform has really helped a lot of people. See you in the next challenge and good luck

Greetings dear friend, lt is my delight to go through your post.

From your explanation, l can see that you have a clear knowledge of how Ponzi scheme work, many people have l had this your same experience. They always promise to return high profit to the investors.Ponzi scheme is rampant business all round the globe as such, we need to be vigilant while taking any investment.

It is true, steemit is a legit and clean business with high rate of transparency and reliability, users are rewarded base on consistency, handwork and patience.

I wish you success in this contest

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Hi dear
Well said it's true on Steemit rewards users got only in the basis of quality content, patience and hard working here is no scheme on steemit which makes you rich over night .
Thanks dear for inviting me will try to participate soon wishing you success for contest

Apu apnar sathey ektu kotha silo..post er bepare.

These schemes attract victims with promises of high returns on investment in a short period of time. Unfortunately, many people, including myself, have fallen prey to these scams. It is important to be cautious and do thorough research before investing money in any scheme.

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los que idean la estafa, son quienes más dinero reciben de los niveles inferiores.

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