Pyramid Scheme

Starmix

Popular
Member
Sep 2, 2022
30,101
3,697
Dex
$4.100
Raw Dex
$0.421

The worst business idea for 2024 is a pyramid scheme business. Pyramid schemes are doomed to fail because their success depends on recruiting more people and investors over time. This is not a good business. We must stay away from this I was a victim of it 5 years ago, and I kept on recruiting to balance the system, but people were already aware of its system that is comparable to a scam so I was not able to profit or receive my share. There are only a limited number of people in a certain community so eventually, they collapse. Plus, the only people who make a decent income are those at the top of the pyramid, leaving those at the bottom with scraps.
 
AgoraForo - Digital Marketplace & Freelancer Forum

Stardom22

Very Familiar
Member
Sep 1, 2022
13,177
565
Dex
$0.600
Raw Dex
$3.217
I remember during the time when l was new with the online earning world, l got scammed multiple times by the scamming pyramidal schemes that l find online for that matter.
 

Starmix

Popular
Member
Sep 2, 2022
30,101
3,697
Dex
$4.100
Raw Dex
$0.421
I was scammed bu a business like this. I was not able to balance their scheme so I never received a profit. Those I the right ups were the ones enjoying the benefits.
 

cherry123

Popular
Member
Sep 5, 2022
27,420
2,610
Dex
$0.201
Raw Dex
$0.000
I totally agree with you, Pyramid schemes are alwa6doomed to fail..As you have stated their success depends on recruiting more people and investors over time. This is not a sustainable kind of business
 

eldavis

Very Familiar
Member
Sep 4, 2022
15,009
664
Dex
$0.000
Raw Dex
$5.595
I have had my share of experience with pyramid schemes before in the past and I would not even advice anyone to invest in it. It usually looks promising at the beginning, but it does not last.
 

Starmix

Popular
Member
Sep 2, 2022
30,101
3,697
Dex
$4.100
Raw Dex
$0.421
A pyramid scheme is like a scam. Only few can reach the quota and no more people to believe you because yourself has not received a gain from that scheme. It's full of lies.
 

Starmix

Popular
Member
Sep 2, 2022
30,101
3,697
Dex
$4.100
Raw Dex
$0.421
There is no pyramid scheme that lasts longer. It is against the law and whoever is aught lands in jail it is scamming people.
Post automatically merged:

There is no pyramid scheme that lasts longer. It is against the law and whoever is aught lands in jail it is scamming people.
 
Back
Top