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RE: What? The Bitcoin is dropping massively: Is this the end?

in #bitcoin8 years ago

The problem with programs like USI and Gladiacoin, is that they rely on daily fresh income from new subscribers to their programs to pay out existing members.

Many call them ponzi scams or whatever, but they do work if you join early, but the have a tendency to collapse before anyone makes real money or their ROI back.

Sure, some people make a fortune, but it will always end in tears.

Coin wise, I would recommend sticking to coins that are on coinmarketcap.com if you are looking to trade or invest, and if you are looking for an affiliate program or matrix to join, find one with a solid system, a REAL product that someone is getting for joining and a decent commission payout.

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Need to do my homework... i did join USI - Tech the guy who got me in... i saw his account his making 5k a week, with 2200 people under his team... im making £7.50 a week which is a joke compared to his income. His boss is on £100k a month ridiculous amount... i got excited but you are right only works until it crashes and no more people are joining.

Anything youd recommend?

I build matrix programs with my team that have real products and payout in Bitcoin, but I have seen a trading education program with a good commission payout called icoinpro, I am not in it myself, but have heard good things about it.

There are so many programmes. Cant keep up with it.

I recommend avoiding ponzi schemes. It is much more profitable to invest in coins by simply buying them and waiting for the price to rise. The trick is to pick one that doesn't totally suck. I would just recommend the coins I have, but short term gains are not gauranteed. However, long term is nearly impossible to lose money, unless you pick a really bad coin like litedoge or something. But who knows, anything has the potential to be the next big thing.

What coins do you have? Is it those general main ones?

No, I generaly stay away from main stream fads. I have reddcoin, digibyte, dogecoin, myriadcoin and a few other less popular ones. I basically bought the cheapest ones, reddcoin paid off the most, I plan to keep and stake them indefinately.

Ive never heard of them... wow i need to look it up.