Are online businesses scam?

[Passiveearner]

People should avoid businesses that are not regulated. Such kind of businesses are more likely to be scams.

 

[Magnus2022]

It will be wrong to generalize because there are many scams online. In fact, the scams are more than legitimate businesses. In fact about 80 percent of online hustlers have been scammed . Most of us learn through bitter experience before finding our footing in online business.

 

[Bisolami]

Especially in most underdeveloped and developing nations, there are still people who can't wrap their brains around the possibility of making money online. To them, making money in the digital space is a farce.

Let me explain this in a simple way.

Anywhere people are gathered is a market place.

Since people are gathered in an online space, you can offer your product and service to them and get real money in return. So making money online is not a scam.

Not every online business is scam but there are some online businesses that are scams and that is why we need to be very careful whenever we are working online.
We should always withdraw our money when we get to the minimum withdrawal to know if we will get paid or not

 

[flower]

Some of the online businesses are scams and if you are very unfortunate to fall on them, then you would get scammed but not all online investment are scams .

 

[Bisolami]

Some of the online businesses are scams and if you are very unfortunate to fall on them, then you would get scammed but not all online investment are scams .

Exactly
This is why we need to be extremely careful while working line or while investing online.

 

[uptrendfinancialsignal]

There are legitimate business online, so not all online platforms are scam.

 

[Bisolami]

There are legitimate business online, so not all online platforms are scam.

It is true that not every platform is a scam platform but we need to be always careful of any platform that we want to work on

 

[Chibson]

in the online space we have a lot of legitimate businesses and also there are a lot of scam businesses. It is left for you to make proper research before investing your time and money.

 

[Bisolami]

in the online space we have a lot of legitimate businesses and also there are a lot of scam businesses. It is left for you to make proper research before investing your time and money.

There are some times that people may make proper research and they will still fall into the hand of scams so the best way is to get referred by someone that we know

 

[Chibson]

There are some times that people may make proper research and they will still fall into the hand of scams so the best way is to get referred by someone that we know

Any website that tells you to invest money is a potential scam no matter how convincing they look. I have come across a lot of many platforms that people referred me to and I was scammed.