How does the Global Visionariez pyramid scheme work in the context of cryptocurrency?

3 answers

• Maruthu WordPressMay 07, 2024 · a year ago
  The Global Visionariez pyramid scheme in the context of cryptocurrency works by enticing individuals to invest in a scheme that promises high returns through a multi-level marketing structure. Participants are encouraged to recruit others to join the scheme and earn commissions from their investments. However, the scheme relies heavily on recruitment rather than actual product sales or legitimate investments. As more people join, the scheme becomes unsustainable, and those at the top benefit the most while those at the bottom suffer losses. It's important to be cautious and do thorough research before getting involved in any investment opportunity, especially those involving pyramid schemes.
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• Dinesh yadavOct 16, 2020 · 5 years ago
  The Global Visionariez pyramid scheme is a fraudulent scheme that takes advantage of the popularity of cryptocurrency. It operates by promising high returns on investments made in the scheme, but these returns are generated solely through recruitment of new members. The scheme relies on a hierarchical structure where participants recruit others to join and earn commissions from their investments. This pyramid structure is unsustainable and eventually collapses, leaving the majority of participants with losses. It's crucial to be aware of the risks associated with pyramid schemes and to avoid getting involved in such fraudulent activities.
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• dezanewoods9572Dec 23, 2020 · 5 years ago
  As an expert in the cryptocurrency industry, I can tell you that the Global Visionariez pyramid scheme is a scam that preys on individuals looking to make quick profits in the cryptocurrency market. This scheme operates by promising high returns on investments made in the scheme, but these returns are generated solely through recruitment and not through legitimate trading or investment activities. The scheme follows a pyramid structure, where participants at the top benefit the most, while those at the bottom suffer losses. It's important to stay away from such schemes and instead focus on legitimate investment opportunities in the cryptocurrency market.
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