Thread: Can Bitcoin be a Ponzi Scheme?
#8
There is no need to fear or worry because bitcoin is not a ponzi scheme. Just understand that bitcoin is likened to financial commodity assets like Gold. I.believe soon, there would be currencies issued and backed by bitcoin.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#7
I see that your question has been answered already. But I just want to point out that it's really inevitable to suspect cryptocurrencies as a part of a fraudulent scheme especially when there is no regulatory authority involved. But as they have already said, you don't need to worry a thing about Bitcoin.Originally Posted by Trader_Rob
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#6
Sure thing! It's good that you are curious and asking. Having questions is also a good trait of a trader. This shows your hunger for knowledge.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trader_Rob (04-17-2019), Unregistered (2 )
#5
Oh I see. Thanks for clearing that up. I feel more relieved now. I'm still a beginner in crypto investment and I'm still curious about a lot of things.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#4
Bitcoin is not created to be turned into a pyramid scheme. It is not something you invest in someone else's money to pay you some promising dividend. Bitcoin is a digital currency used on a daily basis around the world.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trader_Rob (10-26-2018)
#3
Bitcoin trading is different from the Ponzi scheme. Nothing is hidden, where anyone can review and run the code voluntarily.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trader_Rob (10-26-2018), Unregistered (2 )
#2
You don't need to worry about Bitcoin being a Ponzi scheme. As you said, companies or operators promise return of investment but in Bitcoin, it is clearly laid out to us that investing in it is very risky and doesn't guarantee returns.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trader_Rob (10-26-2018), Unregistered (2 )
#1
Are you familiar with Ponzi scheme? It is a form of scam wherein a certain company attracts investors by promising return of investments. But the truth is they give returns to old investors from the money that the new investors put in. So there is really no profit-generation going on. Then in the end, they stop giving returns and announce that the company has closed down and they have taken their investors' funds.
So, although I don't want to believe it, is it possible that this is what's happening with Bitcoin or any other crypto? Can anyone enlighten me again how profit is generated in crypto?
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Unregistered (2 )
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