From the bizdustry experience, should someone do exchanger business on paid forums?

[Niyi Briggs]

So this is the particular risk of this business and anyone who is entering this business should zero his or her mind on the possibility of losing at any point in time.

I think the Exchange business is very profitable in the Paid to post forums. Like any business, it's also comes with its own risks and challenges the most being abruptly shut of the ptps.

 

[Hate2Wait]

I am planning to get paid soon and now thinking if I should go for $200 or $100 or still hold but I feel its better to get paid now and no need to wait

 

[capri]

I may sound dumb. But I have to ask what exchange programs are. Can someone please enlighten me on this?

I am guided by a saying in my local language that goes like: a person who asks questions is not stupid.

 

[Niyi Briggs]

An exchange program involves a fellow forum user offering to buy your earned credits on a forum like this in exchange for some other currency like fiat or crypto currency. It provides an alternative method to cash out your earnings if you cannot wait for the site to pay you.

 

[Hate2Wait]

Sometimes we need to take a risk and if we don't like taking risks then better to not taking any risks and don't run any exchange as any wens can close down any time.

 

[Niyi Briggs]

I understand that we need to take a risk in life. If you are doing business, you must take calculated risks. And I know that running this business now is actually a calculated risk for many.

Sometimes we need to take a risk and if we don't like taking risks then better to not taking any risks and don't run any exchange as any wens can close down any time.

 

[capri]

An exchange program involves a fellow forum user offering to buy your earned credits on a forum like this in exchange for some other currency like fiat or crypto currency. It provides an alternative method to cash out your earnings if you cannot wait for the site to pay you.

Thanks for the heads-up. In my view, the concept of exchange program is acceptable because it offers benefits to the two parties involved. I would even say that users of forums should be thankful to individual's who offer to buy their credits because these people provide value.

 

[Niyi Briggs]

Thanks for the heads-up. In my view, the concept of exchange program is acceptable because it offers benefits to the two parties involved. I would even say that users of forums should be thankful to individual's who offer to buy their credits because these people provide value.

True this. Like on this forum, the admin is having issues with his crypto wallet and can't send out crypto payments. It had been a recurring challenge for people who couldn't access paypal in their countries. The other admin @Devin has set up his personal exchange business to help people cash out their earnings through crypto.

 

[Hate2Wait]

It's good that users have more options to get paid from the forum now so they can choose the one they prefer keeping into account the thing that is best for them

 

[Etini Willie]

It's good that users have more options to get paid from the forum now so they can choose the one they prefer keeping into account the thing that is best for them

I hope you are still doing exchange. Just that I have not seen your own exchange thread in the market section. I saw one on forum coin and the conditions are fairly reasonable.

 

[cherry123]

it's always risky and that's why we should be mindful of the website. Sites may go down or stop paying anytime

 

[King Belieal]

The worst part is that the other users of the forums call the exchangers greedy when they charge a fee so that they would not be on the losing end of everything.

 

[Etini Willie]

Running exchange services on forums is exactly as risky as running currency exchange business in real life. Same risks.

 

[Stardom22]

I think one can choose on what to do to earn extra money on the paid to post forums

 

[Ofonime]

Running exchange services on forums is exactly as risky as running currency exchange business in real life. Same risks.

It's a lie the risk there may not really be higher in the sense that all the people who will exchange with you are all the members of that same forum so if anything want to happen admin come in

 

[Sawe]

The exchange business in forums is a really risky one to get into. Paid to post forums can stop their Payment suddenly and that will make you lose so much. You need to do this business using low income and never accumulate the money.

 

[Ofonime]

I don't see it as been risky because I have a couple of friends who are still in this business lane and they do make good money so it's depend on how you operate your own

 

[King Belieal]

I don't see it as been risky because I have a couple of friends who are still in this business lane and they do make good money so it's depend on how you operate your own

You talk like a novice. Ask @uptrendfinancialsignal. He lost over $80 accumulated from exchange business on Bizdustry because it stopped paying. Exchange business on paid to post forums are complete risks if you don't know. Ask @Hate2Wait how his money got stuck on this site for more than 5 months. Over 300 Dollars.

 

[Ofonime]

Not only Bizdustry experience to carried out exchanger business is very profitable business because there is a percentage that you will take from there at the end of everything

 

[Hate2Wait]

You cannot be sure about any website so there will always be an element of risk but if you like to make some money through exchanges then you need to take that risk