Forex and Pyramid Scheme. So, an old coworker of mine reached out to me about an opportunity to make money. It turns out that she is doing Forex. I know that Forex is a legit trading industry and just like any stock/trading market, you can make money from it and be quite successful if you are thoroughly knowledgable in the game It’s not a pyramid scheme. It’s not “safe”, it’s gambling pure and simple. You can and probably will lose money. Trading is extremely challenging, and thinking it’s easy or that there is “one weird trick” that will make you consistent profits is s From there, your goal is to go and find your own people and essentially recruit them. In the end, you’re making money off of your recruits and off of forex. Money scales to the amount of people under you, so say you have 25 people that you’ve brought in, you’d make about $ a week and so on. I feel like this screams pyramid scheme
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Forex trading is the normal movement as stocks or ware trading, a lawful business whose basic role is trading, purchasing, and selling resources and not pyramid is forex a pyramid scheme reddit promoting to select others in forex business Forex trading also has a purpose. If you travel from the USA to Europe you will probably make a forex trade to convert your dollars to the Euro. The scam is when a company or individual tells you that its easy to make money trading foreign currency which just is not true. Trading is something that takes years of time and money to learn Forex is not a pyramid scheme per se (it's more like the stock market) but there are tons of scams out there related to it and if someone is trying to recruit you chances are it's one of those scams. level 1. 8 points · 4 days ago. help Reddit App Reddit coins Reddit premium Reddit gifts
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