That's how the scam works na!
They would entice you by showing you profit on your initial investment to hoodwink you into bringing in more money for your second investment.
What they do is play on our human greedy nature.

Patrioticbreed9:

Bro.. I tire o. It's just that am a novice in this whole forex/crypto things, and when they gave her the 90k last year, they bought my trust. It's sad my lil sis is down, i pray this event dosnt kill her enterprising vibe.

Patrioticbreed9 uppost=110471459:
She later called me and said she will be investing N1mil, so should in case the market didnt last and her investment only tripple again, this time it will be 3mil. I felt something fishy though, na so e day easy to make money, Then i thaught maybe the masses are just investing 3k,10k etc and when it tripples they wont be a huge gain. She asked me to help her with 3500k that she can only bringout 650k, but i offered her 400k she thanked and promise to buy me a ps5. Long story short, the nigas blocked her in such a way that when she calls, the service wilk report saying "the number you call does not" exist! .
.
Guys be careful out there,its not easy loosing money in this rigme.

Beware of this new pattern.

It's well, we are learning everyday, but what of the main site of the crypto, she should have her password to log in?

Iyaebe:
Anything crypto and other internet ways of making money is fraudulent to me,people that make money online are mostly fraudsters or potential fraudsters.Dem plenty here for nairaland.All those boys doing crypto also know how to hack people's account and hacking is fraudulent, so all of dem dy swim for the same ocean. Crypto=Hacking=Fraud.

Wow....your level of ignorance is mind blowing.

Worst part is you are spewing the ignorance with so much confidence...

However, we need to learn to control our greed

Patrioticbreed9:

Human's are greedy by nature, so stop that sermon please.

There is a crepto group in which I am, transaction is made through d admin, u want to buy , u pay d admin, d seller will then credit u, u confirm before fund is released to d seller

Since she sent them money to their bank account they can be traced

Patrioticbreed9:

Why?
She's based in port though.

You must have joined MMM late.
If you had joined when it still came out newly that your 10mill could have gained you 3mill

heniford2:
No matter how sweet u paint it since i lose 10million to MMM i vowed never to do anything online baba if i don't see the investment with my brokers 4gerrit

Na wa o, a quick google search go prevent many loses. They dash her 60k and she pay 1m. When person tell you any investment, go google search about am and also go to Cornelia spencer on YouTube to learn more about crypto, betting scams and how best to invest your money . Make una take heart, this kind January.

heniford2:
No matter how sweet u paint it since i lose 10million to MMM i vowed never to do anything online baba if i don't see the investment with my brokers 4gerrit

Them never play you face to face scam. Even you dey sleep with them be careful.

Saskay44:
Anything other than p2p transaction isa scam

man I was doing p2p transaction the other day. I don't know how this guy get my control, e just call me say e de wait for me. How possible is that?
I couldn't even see his number on Binance platform

Patrioticbreed9:
She later called me and said she will be investing N1mil, so should in case the market didnt last and her investment only tripple again, this time it will be 3mil. I felt something fishy though, na so e day easy to make money, Then i thaught maybe the masses are just investing 3k,10k etc and when it tripples they wont be a huge gain. She asked me to help her with 3500k that she can only bringout 650k, but i offered her 400k she thanked and promise to buy me a ps5. Long story short, the nigas blocked her in such a way that when she calls, the service wilk report saying "the number you call does not" exist! .
.
Guys be careful out there,its not easy loosing money in this rigme.

Beware of this new pattern.

Thank you for sharing this. For those at the edge, more insight for you to make an intelligent decision, to do or not to do. As is with most, if not all things in life, some will be for, others against. The challenge with crypto is, how can you hold it accountable, the ones working it, can one put a face or location to them should things go south. Moreso, the human 'me first' syndrome is universal. When things go well with it, who reaps first, and otherwise, who suffers first. The traditional physical contact way of doing things can be so confusing to the average blog, now add that to an online platform and one wonders what, is the wisdom in that

Lol the sister was not on a quest for knowledge.
She was on a quest for quick money

Jaqenhghar:

That quest for knowledge is what made someone lose 1million you are here talking shít. Thays what y'all say "calm down and learn" even after scamming people.

komols856:


So sorry for you. That money is enough to secure a plot of land or pay initial deposit to become the land owner at New Dubai of Africa which is Ibeju-Lekki Lagos. Investment in real estate is the only surest investment with no risk.
To know how to invest in a genuine property contact us on +2348030897019.

ibeju lekki new Dubai lol , na wa o ..

Well said

socialmediaman:
**READ and LEARN**

People are very ill-informed about cryptocurrencies, forex, stocks and other high risk investments in general.

Before you invest your money anywhere, especially in high risk investments, do yourself a favor do a lot of research. This can never be overemphasized. Learn how it works, how to safely invest, how you can potentially gain or lose, and how you can get scammed. Don't bother investing if you don't have these information. Remember, It may give you instant cash, but your ignorance will also lead you astray especially when combined with your greed.

When you finally decide to invest, Never invest how much you can't afford to lose, and never invest more than 5% max of your net worth (In saner climes like abroad, you can go 10x because the economy is more stable). This means, if they pay you 50K salary monthly, never invest more than 2.5K total in high risk investments (5%).

Your 2.5K means nothing to other people investing millions, but hey, this is your capacity and if it goes 100x after a few years, 250K is 5x your salary. But if it crashes and you lose all your money, you won't be crying and having depression

It's concerning that people haven't learned, even after the days of MMM.

A word is enough for the wise!

Lmao..... These scammers mostly feed on greed. The 30k was just a bait and you and your sister fell flat. That someone would fall for this kind of scam at this age is pitiful.

Iyaebe:
Anything crypto and other internet ways of making money is fraudulent to me,people that make money online are mostly fraudsters or potential fraudsters.Dem plenty here for nairaland.All those boys doing crypto also know how to hack people's account and hacking is fraudulent, so all of dem dy swim for the same ocean. Crypto=Hacking=Fraud.

Sorry you feel that way, but crypto is the future of finance. We are just scratching the surface of DiFi, blockchain technology and crypto currencies. If you don't obtain the necessary education and skills, you will be left behind.

After saying that, it was not because of crypto that the Sister got scammed, it was because of greed. It could have been other financial instruments like stocks, forex, gold or even wash wash dollars.
People have been scams with agriculture pools, ponzi schemes and online shopping.
The lesson here is never invest your money in instruments or businesses you have no knowledge of. Crypto sounds exotic and sophisticated to lots of people and so easily falls for scams using cryptos as instruments.

zed7:


It's not an insult, don't see it that way. Only a foolish person or in your case, people would believe that 1m will give 3m.
You don't need to be ignorant of the workings of forex, you just need to be a smart person to know it's a scam.

well it would have if she had invested it when MMM was at its prime. Atleast MMM pays for some months before the crash

From investing 30,000 to 1m, without due diligence? If that is not stupidity, I don't know what is?
Would have been a bitter experience, if she had borrowed the money.

This my guy called hamzyfx investment, I trust this guy to the extent if he ask me to sell my mama house to invest, I will sell it, we roll from April to July, this guy pay me well and I thought God sent him to me. Hmmmm it's not funny when he asked me to invest 250k to collect 550k and 750k to collect 16milion, due to trust I have for him, I did and unfortunately, he said bank has restrict his account due to too much flow of money, I still believe this guy, on July 15th 2021, his number stop going through, that's when I know I've entered one chance.......ọmọ this thing never finish for my body ooooo. Na so my padi went with my 1million naira. I thought I can make it overnight but things is not done like that, please people beware! There's nothing like investment, it's all fraud act pls. Be watchful. I still find it difficult to eat 3meal square till today.

i no fit laugh oo

Patrioticbreed9:
It all started last year November when my lil sis called me jubilating about how she got 90k with just 30k in just 3 weeks.

I asked her how and she explianed. In her words. I met this guys some weeks ago and they talked me into crypto, at first I declined, but I finaly decided to play along with them by staking a token of 30k with them.

They called me today (3 weeks later) saying that crypto market has crashed! BUT before it crashed her token was able to tripple! that had it being she invested earlier that it might even be ×10!. I was happy for her. I asked to invest again but she said that the market is down, but they will let her know when it rises.

January 10th this year they called and asked her to invest again. She wanted to invest 50k but they adviced her to invest with a big money, so should it case it the market didnt last long and it only double or tripple, there will be no problem. She called me and explained everything to me, being a novice in crypto, I just asked her to be careful. Am coming guys..

Patrioticbreed9:
It all started last year November when my lil sis called me jubilating about how she got 90k with just 30k in just 3 weeks.

I asked her how and she explianed. In her words. I met this guys some weeks ago and they talked me into crypto, at first I declined, but I finaly decided to play along with them by staking a token of 30k with them.

They called me today (3 weeks later) saying that crypto market has crashed! BUT before it crashed her token was able to tripple! that had it being she invested earlier that it might even be ×10!. I was happy for her. I asked to invest again but she said that the market is down, but they will let her know when it rises.

January 10th this year they called and asked her to invest again. She wanted to invest 50k but they adviced her to invest with a big money, so should it case it the market didnt last long and it only double or tripple, there will be no problem. She called me and explained everything to me, being a novice in crypto, I just asked her to be careful. Am coming guys..

Boss, I get PS5 for sale, in case your sister is still interested in buying you one.

21savages:
I made front page today since 2014.. Pls u guys should congratulate & Pray for me i'll be a POS shop owner next month insha Allah, ave been doing sales boy for 3yrs..

may Almighty Allah make it easy for you. how can i contact you, i will like to bless you from the little i have.

MufasaLion:


You're ignorant and not brilliant.

There's difference between "quest for knowledge" and "greediness and ignorance."

I totally agree. I am ignorant not too brilliant but I know Bullshit when I see one.
You who is so brilliant cant see that. Says a lot about you

Sorry o

So there are still people like this

Patrioticbreed9:

I thought as much.

But a key rule in life acording to my mentor is "to get rich you must learn not doubt everything" and the principle is actualy working for me, the only thing is that you must not stake what you can't loose.

Not necessarily a good rule. If it sounds too good to be true, it's probably is. To be rich, you run risks, but you must understand what the risks are. Believing cock and bull stories won't make you rich. It would only lead to misery.

Baloranking:


lies

Why you no add money to your 400k buy the ps5 yourself.

Believe this crappy write up at your own risk.

Maybe it is you that scammed the sister.

Or else, why are you venomously supporting the fraudster.

If it is you, you had better desist for God is waiting for you at heaven's gate.

BEWARE OF FXTM BITCOIN TELEGRAPH PLATFORM

It is hub for 419 and scammers

let dem refute dis and i will publicly publish their dirty deals

BEWARE GUYS

angelfallz:
Lol the sister was not on a quest for knowledge.
She was on a quest for quick money

Now you want to make it sound like its not about quick money. This whole thing is about quick money even those preaching about seeking knowledge first all na scam

They always block me on telegram. That's their head office.

Patrioticbreed9:
She later called me and said she will be investing N1mil, so should in case the market didnt last and her investment only tripple again, this time it will be 3mil. I felt something fishy though, na so e day easy to make money, Then i thaught maybe the masses are just investing 3k,10k etc and when it tripples they wont be a huge gain. She asked me to help her with 3500k that she can only bringout 650k, but i offered her 400k she thanked and promise to buy me a ps5. Long story short, the nigas blocked her in such a way that when she calls, the service wilk report saying "the number you call does not" exist! .
.
Guys be careful out there,its not easy loosing money in this rigme.
You
Beware of this new pattern.

Your sister is plain greedy...

You can only scam a greedy or lazy person.

@Patrioticbreed9 So sorry for your loss….
Crypto trading by itself isn’t a scam, but you have to be wary of the get rich quick syndrome.

I used to be a day trader, and have seen it all; was scammed for being greedy, after that I was scammed for being too careful.
The bottom line, don’t think about what you would have in your account, think about what’s already in your account and walk away.

After I was scammed, I trained myself on how to be a day trader when COVID just started and it worked perfectly for me. I stopped day trading and just invest little amount in meme coin with potential. Nothing comes easily.
I remember teaching a friend how to make $2 per day with $200 capital, and his respond was “shey that one nah money”. I am quite sure my friend would gladly fall for a Scammer that tells him his $200 will turn $600 in a month.
From my day trading experience, you can triple your money staking, however, you can lose everything as well. Spot trading requires commitment to be able to make $50 per month with $200.