MLM

glizzygravy

lol squeeze. It’s a garbage MLM company.

33445delray

Its a typical MLM pyramid scheme.

CD274

Ok that's actually a whole nother story and level of scam. Thats an MLM 😂

Alert-Pipe-3005

Is that the Herbalife dude? ...How you lose to an MLM man?

Wakadam

https://preview.redd.it/5bbs9r18r21h1.jpeg?width=1170&format=pjpg&auto=webp&s=98ec2d4f40634f9872a311a0e9ca9a6648183439 Actually it would be perfect for a meme. The MLM would be in stocks and not in supplements. In the right subs that would be comedy gold 🥇

OtherwiseArt543

It's difficult to meme it though, the only memeable part is probably that it's an MLM but I have no idea how to meme that

Ad_Weekly

AI is the biggest MLM and money laundering operation to ever exist. And WE are all buying into the pyramid scheme.

Step-in-Time

It’s surprisingly a decent stock. Cash in the bank, profitable, and serious about their business. And it pays good dividends. Not a fan of MLM, but it is a way of business. They announced share buybacks too, so that will add value. They can dilute if needed, but there isn’t a reason in the foreseeable future being profitable like they are and so much cash.

FNFactChecker

~~American Multi-Cinema~~ Artificial MLM Corporation ✅️ https://preview.redd.it/p7ifg85xfmzg1.jpeg?width=1272&format=pjpg&auto=webp&s=8bd90dc796dffef5e733854b49640dc8f0a0dcd9

Radically_Bland

Burn cash until they file bankruptcy. Then a congressional hearing about a MLM disguised as a crypto treasury. They hold billions in Bitcoin. If they offload to pay shareholders it will put significant downward pressure on BTC. https://m.youtube.com/watch?v=fhsrkvEY55s&pp=ygUWaW5maW5pdGUgbW9uZXkgZ2xpdGNoIA%3D%3D

E39_CBX

I think you overestimate. Go look at a Yukon group on Facebook, it’s all rural/suburban moms in middle America driving these new SUVs, almost the entire time they’re MLM and their husbands are some blue collar thing that peaks at like 80k.

DistributionBroad173

I have two friends that I can talk with it about. One is crazy and if I say i bought a stock he buys a bunch, without doing his own due diligence. I used to be able to with my brother, but he got hammered on one stock and only buys bonds now. The companies I worked for knew I traded stocks and bought a lot of stocks. Hell, during the dotcom boom everyone in the office was going nuts and on margin, then got hammered on their margin calls. i never borrowed money to buy stocks during the dotcom boom. I have ran into another person that is trying to get me to join their MLM day trading thing. I made the mistake of asking about it, I told that person NO several times. That person lives six houses away from me. Overall, there are about 99.99% of the populace that does not want to talk about investments. That is what reddit is for, that other 0.01%. Heck, my spouse rolls their eyes if I want to talk stocks and investments.

Zealousideal_Oil3203

I’ve been suggested dubious MLM scams on YouTube and IG for years. Now getting AI ones too. There will always be quality ads and bad ads. It’s more so whether the balance is even across platforms (and I would expect a company like Reddit to have worse ads given they’re just scaling the business).

unhitchedordadtrying

It has so much potential don’t know a thing about the company other than it might be MLM but the set up is insane right now

rostov007

Just in case nobody looked it up like I just did, this is a MLM nutrition/health company. FWIW

Suitable-Bike6971

That company is an MLM.

ekkidee

"I know a guy who knows a guy...." c'mon, you didn't really fall for that, did you? Regarding Fidelity, Schwab, and Vanguard, each has ETFs that are more less duplicates of each other. There may be marginal differences in costs, yields, and so on, but no one investment group has a significant advantage over the other. There might actually be some differences but at the level of retail investor, they are not very relevant. You might as well pick one for its website. GTFO Primerica. If it feels like an MLM, it is an MLM. 4% fee is insane.

meatsmoothie82

Google is the Omega Level MLM: “You can sign up for free to join our network and the more people that sign up the more money the dude at the top makes. Early investors have enjoyed 10,000% returns you can have 10,000% returns too if you invest now”

fire_alarmist

All the cultist bulls are literally AMWAY and Vector marketing knife salesmen tier scammers L0L. I guarantee half the morons that spam bullish nonsensical retardation on here got their start as MLM homos, couldnt cut it, then joined in on the biggest MLM grift the world has ever seen. They are used to having to buy in with their own money and trying to scam everyone in their immediate vicinity, absolute naturals!

RollofDuctTape

People talking about 🌽 and its incremental gains and losses to virtually the same place in my gambling sub. Need to refer them to the MLM sub.

sithlord98

I would take the word of my local MLM pusher over Trump's at this point. Dude lies almost as much as he speaks. At some point you have to come to terms with that.

Left-Signature-5250

And my fucking ex just destroyed our marriage over her own self-fulfillment in some MLM scheme, taking two small kids to her "new" boyfriend after I had just bought "us" a house - yes, I paid her half of the house again and now alimony for my two kids I love and never see. They live 200km away. I did none of that shit. Why are some women so loyal and others so entitled? I should have treated her worse I guess, might have been a better outcome.

sithlord98

Dude, it's been 5 weeks of straight up lying about this war, and that's following up about 10 years of straight up lying about everything else. At this point I would take the word of my local MLM pusher over Trump's.

No-Insurance100

He's a great man, it's insulting he has to fight against real estate agents and MLM fraudsters

maxsmartshoephone

I don’t know how familiar you are with Primerica or mutual fund share classes. Many years ago you would see mutual funds in share classes like A, B and C. Class A shares are still around but B and C are both close to extinction. (You will now see modern classes like F, I and R which come with no load and a lower ER, designed for 401k plans, institutions and advisors dealing in large quantity) I have seen a couple Primerica statements come across my desk over the years and if I recall correctly, all of them have been Class C. Class A shares have a higher sales load and a 12b-1 of 0.25 that comes out of the expense ratio and is sent as a trail to the person who sold or holds the assets. Class C shares typically lack a front load but have a much higher expense ratio, sometimes as high as 2.5%, in order to accommodate a 12b-1 fee of a full 1%. I assume this is attractive to Primerica due to their MLM structure where the higher 12b-1 fee is used to pay the “up-line”. I don’t like class A funds but class C funds are even worse.

slippery_pete-

I’ll have to check out Fidelity, never realize that they’ll pay you to roll over. I’d be happy just to roll it over without fees. And yes, the MLM has been realized later. Apparently we have to wait another year until we move it over as we only had it for about one year. From what I’ve learned, you have to have it in there for at least two years before you rolled over without fees.

No-Insurance100

Bols be like: Is there a production shortfall of 11 million barrels a day? Yes Is 20% of the world's natural gas production offline for 3+ years? Yes Are Asian countries running out of diesel and waiting in huge lines? Yes Is the Iranian government talking like John Wick and posting AI videos of them destroying the Statute of Liberty with the head of Baal? Yes Do I also have confidence that a dementia patient who is a serial liar surrounded by a bunch of real estate agents and MLM hucksters will resolve this? Absolutely

No-Insurance100

The Iranians are highly educated statesmen but everyone is listening to the gang of MLM hucksters and real estate agents

BrainBlowX

They *are* in an MLM cult.

AttorneyatLawlz

It's kind of scary and less funny tho. Those are the exactly the kind of ppl who join cults and are susceptible to MLM scams.

Basis_404_

If technical analysis is horoscopes for traders than speculative ETFs are the essential oils and WSB is the MLM party

Independent-Tree-985

A woman I know who runs a rather significant sized pyramid for her MLM has gotten a Full Time Job

SmallCapsOnly

Reeds like an MLM commercial. What I like most about crypto is human traffickers, drug/gun runners and terrorists benefit from it the most! Very cool!

ra__account

*So now I'm trying to step back and understand how people who already have significant capital (like many of you here) actually think about opportunities like this.* This wasn't an opportunity. The guy is either part of an MLM or running an outright scam. Real investment managers don't ask random 19 year olds in coffee shops to hit up their friends and family for seed money. That's just not a thing. There's also restrictions on who can invest in super risky stuff like this to protect the naive. It's OK you got fooled - they prey on people without experience like you. Take the lesson - if something sounds too good to be true it probably is. As a note, Cutco will not pay you what they claim they will and the guys selling "$1,000 speakers" for $100 cash out of a white van are lying.

Glock99bodies

I could go on. But much like a MLM, you’re basically responsible for all your own inventory and you’re essentially just taxing people in your downline. You’re just paying slightly less than the next guy on the chain. You’re self employed doing your own marketing ect. In all seriousness it doesn’t feel unlike something like Herbalife just with a very different lifestyle.

iShitBloodandCumShit

“YSK a people-first plan from a Northwestern Mutual financial advisor can show you better opportunities. That way you can build a life you'll love.” YSK we will take all your money and sell you overpriced shit and the entire company is structured like a giant fucking pyramid scheme at Northwestern Mutual. Then at the end of the day you’ll say ‘why in the fuck did I pay all those fees just for them to buy some shitty American Funds bullshit’. Source: wife peddled their trash for like 10 years. First time I heard how it was structured I was like……yeah. That’s basically a fucking pyramid/MLM.

jobfedron132

>Idk dude there’s a electric car company saying they’re not going to sell cars anymore trading at like 600 p/e I know of no such company.l, but i do know a hyped MLM stock company, that just happens to sell electric cars.

TomatoSpecialist6879

How poor do you have to be to think that's even an insult? What a classic millennial straw grasping whenever your generation can't win an argument, seethe harder. Also I did it at the start before drop shipping was even a word invented by the failures of the industry who went for the MLM TedTalk scam route, it was actually lucrative because I had actual connections to make use of in Hong Kong. I haven't drop ship shit since 2017 after making money off AAPL and TSLA.

ItzWarty

> MLM This is actually so spot on.

Leroy--Brown

That is factually what MLM stands for in investing terms.

MulberryDependent459

Casinos are built on losers. It's an MLM

MrKrustySocks

Anybody getting that goddamn MLM beef advertisement in their feed?

WendyDumpsterFire

So Scam Altman is saying that it takes like 20 years of life and all of the food you eat during that time before you get smart, but then how do he train his MLM then? Was a bot or a human? 🤔🤔🤔

octopus4488

What do you mean? Herbalife is the best MLM scam out there. His own class basically.

type_error

It’s also why MLM exists

jcdc-flo

1999 Incredible innovation and waaaay better than scouring stackoverflow for solutions but the hype is out of control. We are in full MLM mode now where the salesman are out there peddling things they don’t understand. Just look at how many people are selling courses. 

Appropriate_Ice_7507

LLM is like MLM in the 2000s…people thought they could all get in on the action but only the selected few ever made it out ok. $S is like the lower bitch trying to be the upper bitch but doesn’t have the looks and definitely doesn’t have the goods

Late-Tadpole-2318

Straight up MLM sub

KaiserSaladSpinner

Cryptocurrencies are just the tech-bro Mary Kay cosmetics. Crypto meetups and conferences are just modern-day Tupperware parties. They are the same. MLM/pyramid schemes of different flavors.

Sleep18hoursaday

I like testing out different options so X with all their posts about their winners piqued my interest. I should have seen it as an MLM

AmericanScream

> None of them have a hashrate 850-970 EH/s. For perspective, 1 EH/s is 1 quintillions 10¹⁸ hashes per second, meaning the BTC network performs roughly 850-970 quadrillion specialized hash operations per second, using ASICs optimized solely for SHA-256 proof-of-work, using almost zero-floating point operations. #Stupid Crypto Talking Point #19 (secure network/hashrate) "**Bitcoin is the world's most secure network**" / "**Bitcoin's hashrate is up!**" / "**Bitcoin is becoming more secure/useful/growing/gaining adoption because of "hashrate"**" / "**Bitcoin is backed by energy/computing power!**" / "**Bitcoin is un-hackable**" / "**Bitcoin's value is 'the network/effect'**" / "**Blockchain can be used to verify authenticity**" 1. Blockchain is incapable of verifying the authenticity of anything. This is due to [The Oracle Problem](https://www.youtube.com/watch?v=tspGVbmMmVA&t=2108s). All blockchain can do is say, "here's what is in my database" and that it wasn't tampered with since the, but it cannot guarantee that the data was ever accurate. That's a function of the "oracle" that submits the data to the chain. The "Oracle Problem" cannot be solved. 2. The Term "network effect" is a vague abstraction that can be used to imply any number of things, from the network supposedly being powerful (addressed later herein) to simply the Nirvana Fallacy, of assuming IF everybody adopts Bitcoin, then this "network effect" will make it more useful. The problem is you can say the same thing about every pyramid scheme and MLM: It's the "network effect" that makes it work. This is a distraction from asking the real important question: What good does this "network" actually do for society? With bitcoin, the answer to that is often, "Just wait..." 3. Bitcoin has been hacked and had its blockchain undermined several times historically, including a time when [the system was exploited to produce 184 Billion extra BTC](https://decrypt.co/39750/184-billion-bitcoin-anonymous-creator), and blockchain had to be rolled back. It's happened historically, and there's no guarantee it can't happen again. 4. When people claim that the network is "secure" they aren't really talking about Bitcoin or blockchain, instead they're simply suggesting that the cryptographic algorithm, SHA-256, has not yet been cracked. What they're leaving out is the fact that each and every day, peoples' crypto gets stolen without their knowledge or approval by any number of a hundred other ways. Just because the core hash is hard to break, does not mean there aren't ways to "hack the network." 5. There are literally thousands of ways to "hack bitcoin" without needing to break the cryptography: phishing, trojan horse programs, browser plugins, rootkits, social engineering, etc. The need to maintain a complex seed phrase requires that it be written down and people and systems can be "hacked" to find that seed phrase to steal peoples crypto. They don't need to "crack SHA-256." 6. Bitcoin's increased hash rate means two things: 1. **There's more competition between miners.** 2. And **[more electricity is being wasted maintaining the network and creating nothing of value](https://ccaf.io/cbeci/index).** ***That*** is all "increased hashrate" indicates. This doesn't mean there's greater adoption. This doesn't mean the network is "more secure." This doesn't mean "bitcoin is growing." It doesn't mean there's more utility or usefulness in the network. 7. People mine bitcoin for one thing: to make more bitcoin. Mining activity is a natural reaction to the "price" of BTC (or the availability of cheap/free electricity) and not its utility. 8. Using an increase in hashrate to claim bitcoin is more secure or has more adoption is misleading and deceptive. The increase in hash rate has no actual bearing on how "secure" the network is. The cryptography works the same whether there's 10 nodes or 10,000. And with mining cartels being concentrated, it makes no difference whether 51% attacks are perpetrated by 6 nodes or 5,001 in one of the top 2-3 cartels. Also [bitcoin has been hacked in the past and it's had nothing to do with hash rate](https://neptunemutual.com/blog/analysis-of-the-overflow-bug-in-bitcoin/). 9. So when you see people harping about the "hashrate", note that it's probably one of the few metrics that has been steadily increasing, but this is not a reflection of the utility or growth of bitcoin, but instead, that people have found new markets where they can get cheap electricity or profit by [wasting electricity and selling it back to the same grid at a profit.](https://www.nytimes.com/2023/04/09/business/bitcoin-mining-electricity-pollution.html) There are some companies that have set up crypto mining operations as a scheme to defraud local governments, citizens and public utilities. 10. Pretending Bitcoin's network is "the most secure" because of cryptography or hashrate, is like pretending a cardboard box with one end open and the other end with the world's strongest vault door, is "secure." In reality, there are thousands of ways to steal peoples' crypto without having to crack the hash. Bitcoin is one of the most fault-intolerant networks ever conceived. 11. Assuming that "open source" projects are inherently more secure, it also not a solid argument. In Nov of 2025, a well regarded smart contract DeFi protocol called, "Balancer" that had been around for ~5 years and previously professionally audited, [was found to have vulnerabilities in the code that allowed hackers to steal more than "$70M" in tokens.](https://finance.yahoo.com/news/ethereum-defi-protocol-balancer-loses-085637790.html)

I_C_da_G

Gold and metals are assets bitcoin is A MLM scheme with no real value at all Meanwhile those company shares are actually a real tangible situations Its like saying NFTs were an assest worth millions. So you sell a million dollars in shares of a company whose stock might swing $50 to $100 in either direction on average.... for a million dollars in a fake asset that could swing $20,000/30,000 If it swings up your good obviously but if it swings down that doesn't equal anything near what your stock would have lost. Yeah So the dilation will come when they can no longer borrow money to buy bitcoin and the are forced to keep selling company stock

KyoueiShinkirou

What a odd way to spell MLM

GoZukkYourself

This is what happens when you're involved with an MLM, and you're at the top.

Mobile-Bar7732

Pyramid and MLM schemes are illegal for a reason. Also, when a stock goes public it gets added to indexes like Dow Jones U.S. Total Stock Market Index. ETFs like VTI - Vanguard US Total Market will have a portion of this stock in it's holdings.

indyyo1

Just post the gains. Always people posting when up 25-50%. Join my MLM, you’ll definitely get out at a good price *wink*

aqjingson

Yeah and at some places if u successfully invite others to join you get more money, it’s like a MLM but legit!

toolbelt10

Oh darn, I chased another MLM'er out of the room. (please see deleted comments below). lol

toolbelt10

Because the context of this thread involves Primerica, which is an MLM.

toolbelt10

> Why is it bad that a crooked cop got prosecuted for once? What's bad is there are no cops in MLM-land, because the FTC allows that industry to self-regulate.

jamesbrownscrackpipe

Male regards: 0dte options Female regards: MLM scams

EndChemical

The MLM guy is still alive?

balls2hairy

How dumb of an argument is "young people use a word so anybody that uses it is dumb". Giving BIG boomer vibes. "Assets under management" BRO YOU SELL INSURANCE IN AN MLM HAHAHAHAHAHAHAHHAHA. Your AUM is $0. Insurance policies are NOT assets. If you made as much as you claim you wouldn't be happy about $1.50 surge bonuses while you're driving Uber. Sad life you lead. Maybe try to study so you can get into college.

balls2hairy

This spurred me to look into your comments. You're an Uber driver who got roped into Primerica, a well known scammy MLM. You're COOKED. Sucks you couldn't get into college, maybe you wouldn't be so desperate that you fell for fucking MLMs hahahaha

MistaDontPlay69

Saw that VMC, MLM, and CRH shot up on Friday but can’t find any infrastructure related news. Anyone know what that was about?

Elegant-Berry5192

I have a revolutionary idea. This business has next to no start up costs, no inventory to keep track of, scalable, and with hopefully repeat business to generate cash flow. I have a perfectly good butthole I paid 0 dollars for. I will sell access to it via penetration for profit. I make free money basically. I can recruit others, men and women to work for me doing the same thing then I can keep a percentage of the profits from their dealings. It’s like the best MLM concept ever. Who’s with me????

correlationlone

Isn't this literally an MLM company though? Those financials look decent but Nu Skin has always been sketchy as hell with their business model. Hard pass from me, there's gotta be better value plays out there that don't involve pyramid schemes

Vessuvius

Ah yes, but DOGE destroyed the IRS? So how are we gonna fund another failed exercise in invasion and nation-building? We were in Afghanistan for 2 decades. His Logic is like the people who fall for MLM scams.. give me all your life savings and thousands in free labor, burn your life, and relationships, and then rejoice as our beloved Founders grace you with riches! It's even sadder when you were already rich to begin with..

Sensitive-Radish-292

The moment you start fiddling with the data in the way you described you lose the assumption of the statistical sample being independent, which again shows that you're missing the point I'm making here: \- People are misrepresenting the statistics because they don't understand how they work. I love how you don't even know who is part of the REGAL study, here you go: [https://clinicaltrials.gov/study/NCT04229979](https://clinicaltrials.gov/study/NCT04229979) While China might not be part of this specific study, they were part of the previous ones, as it's absolutely common with any biotech startups, which I'm sure you know. I will end this talk here with you, because I'm tired of arguing with a bagholder or the MLM leader. You do you.

professor_buttstuff

It has one single use case. Moving fiat, usually for illegal purchases. So it won't go away unless the need to do that does. Outside of that it's all a scam. It's MLM for bros. Doesn't mean that there is no money to be made, but at the very least your coasting on a lot of grifting. The 'investors' expect volitility, they are gambling that they will get out quickly enough to make a buck. Imo I think they all know there will be bagholders.

MaxKevinComedy

Crypto is MLM for dumbs dumbs

PTTCollin

Not surprising. This particular friend has rotated through MLM get rich quick schemes for 30 years. I am sure I know more than he does about investing. But, that's also been my experience with every advisor I've ever spoken to. I've been told there are actually value add people who might theoretically be worth $1875/month, but to me a collection of lawyers and accountants seem better per hour billed.

ShadowLiberal

The author is basically known as something of an MLM scammer these days. The book OP references is heavily recommended by people in the MLM space, and the author apparently makes a bunch of money giving speeches to MLM groups. From what I've seen in more recent years he's also hyped up investing in some extremely questionable things that I wouldn't even call investments. There's also criticism that he simply made up one of the dads in the book even though he acted like they were a real person. So basically unlike most of the authors here he's torn his reputation to shreds since his book, so a lot of people refuse to even buy or read it.

Dry_Shoulder_8405

When I wasn't even an adult yet, my family had 'invested' (what investment?) over $100,000 into Robert Kiyosaki's MLM schemes. These schemes are simply ponzi schemes with extra steps. 3 of my 4 victim siblings were college degree holders already at that point. Very harmful shit. Beware, for real!

Old_Tank731

It really grinds my gears when guys who obviously never studied economics, economic theory, political economy or IPE at any level (let alone above an undergraduate level) go flapping their gums about how the largest economy on the planet is doing X wrong and will lead to Y% inflation, especially when it’s a guy that got rich selling MLM schemes to people and selling books about how to sell MLM schemes to people. Fucking circle of idiots all grabbing the dick of the dude in front of them and yanking in unison Jesus 

Highborn_Hellest

At this point openAI isn't an LLM company, but an MLM company.

TheoryInttro

Probably the MLM salesperson. At least the behr has career options at Wendys.

WilsonKh

Who is more regarded. A MLM salespersons at the bottom of the pyramid... or a WSB gay behr?

vox_popul1

Multi Level Marketing is what MLM stands for. It is another name for what is commonly called a Pyramid Scheme. MLMs are organized in such a way to funnel money from new members to older members at the expense of the new members who are then encouraged to do the same.

mediocre_remnants

Because it's an MLM. They recruit random people to be "financial advisors" but they're really just sales people. And those people get more money by recruiting other people to be financial advisors.

happy_accountant123

We should all go easy on corn bros. We all have a family member that fell victim to MLM or Nigerian prince.

Wolfe-Toan

This guy is an ignorant moron. Do a quick search or ask AI about his long history of fraud, bankruptcies, grifting MLM's, and bullshit books. He also has no finance education whatsoever.

sunbeatsfog

Absolutely sell. Crypto is MLM. Why would you actively undermine the US dollar unless you are trying to break the law?

onetimeuselong

If there’s no hope of getting enough money for a home, gambling in various forms starts looking like a better option. Same for running scams like MLM, ‘selling courses’, crypto discord pump and dump groups.

RevolutionaryWar4184

it is fair to say, Mcfarlane lake mining is trading for 0.1% of its in situ value, and taking steps to put that resource into gold production. for it to go to 1%(10x) and to 10%(100x) , 200x (20%) not a problem, 300x? give er bud thats 30% insitu its not unheard of. 100% of insitu is not unheard of, nor is a premium to insitu, this is silly but 100% of insitu for the Juby project would be 72$cad per share, 1000x, but , it might be more reasonable to expect 1% then 10% in the immediate future, then 20% a little further along the project food for thought $MLM $MLMLF.US

RevolutionaryWar4184

$MLM $MLMLF.US Mcfarlane Lake Mining, half million shorts, cashed up explorer becoming producer trading for 1/1000th its insitu value. 10x to 100x and I'm not even kidding 100x would be 10% insitu looking at only one property here

Apost8Joe

I'm enjoying watching the MSTR bros get absolutely savaged with no hope of a strategy in sight - down almost 40% YTD, down 60% past year. I mean that's great if you were one of the early adopters in 2023 before all the money got sucked in at higher prices, now the majority of shareholders are underwater or soon to be. If that sounds A LOT like a ponzi scheme or MLM...you're not wrong. Let's see how far it drops before they abandon hope.

Emanhavi

Nah, article made it sound like openai is the garage band - that re-does other artist’s music and is planning to be a huge hit so they are borrowing a shit ton and buying from oracle who is in a MLM company with nvidia and is borrowing because they love openai’s music.

DueHousing

An MLM can sell legitimately products and generate cash flow actually

Emanhavi

Thanks for the reminder that this sub is as sharp as a marble. They say stock price and credit default swaps are starting to show people are nervous. oracle is maxxing its credit cards to be part of a MLM selling merch and they plan to make money from openai who is maxxing their credit cards already but agreed to buy future merch for their garage band that’s totally gonna change the world and be super profitable. Oh, and the band is essentially a cover band.

ZeroSumTruths

You can buy ETF and the actual coin itself, but some of you brought the MLM bitconnect snake oil ticker instead.

darealnoons

Doesn't make him wrong. It's just that the market is irrational. Herbalife should be illegal as any MLM. It's just a disguised pyramid scheme like Amway and those fuckers have been around forever. The whole premise of getting people to recruit for you will exhaust the world's population in a few cycles. The only thing that aeys herbalife apart is that there are people who will pay for the products and not be a part of the scheme. That's what he's not accounting for. There will always be fat people looking for a way to lose weight and these people will believe anything

lemons714

Definitely not a moron, and richer than I will ever be. However, he did lose money shorting an MLM while providing a lot of entertainment battling Icahn over it. He was right; HLF is a shady MLM. However, being early is the same as being wrong - and the market can stay irrational longer than you can stay solvent.

ecnecn

I really want to collect the accounts of people that invested 1k and more, spammed and hyped, showed photos how they bought BYND products in the super markets (like it would have any effect). And sell every pyramid MLM Scheme to them, Ref-Link product sell links etc.... they reach max. level gullibility - must be easy to farm such people.

LeftTesticleOfGreatn

Yeah this is definitely a scam. OP will be forced to buy useless shit like with any other MLM, then he won't sell shit unless he hassles friends/family and when he tried to return the stock hell get cents to the dollar (if anything)

Rare-Energy-4357

Losing capital to a fraudulent program understandably necessitates extreme caution, yet your approach of developing a stringent verification checklist is the most effective way to re-engage with legitimate FinTech opportunities. The primary difference between a scam and a trustworthy automated trading platform lies in custody and transparency: your capital must remain in your regulated brokerage account under your exclusive control, with the platform only granted API access for trading execution, making any request to transfer funds directly to their system a major red flag. Furthermore, legitimate services will offer verifiable proof of performance through independent audit links (like Myfxbook), explicitly detailing the Max Drawdown and risks involved, while avoiding any guarantees of profits (such as a fixed 5% monthly return) or the promotion of Multi-Level Marketing (MLM) schemes, which are hallmarks of financial fraud. Your disciplined process of verifying that a system meets these criteria allowing you to safely utilize automated trading while mitigating risk is the essential due diligence for recovery and success.

Galaxy_AI

90% of the rich people I encountered in my life were either in poltics or selling MLM (or Ponzi) schemes.

neekogo

Make sure it's a legit financial advisor and not an MLM agent pretending to be a financial advisor. Does "F" mean Fidelity or is with a different company entirely?

fire_alarmist

Is it all just one big MLM now or what?

fire_alarmist

You sound like a MLM or pyramid scheme influencer to normal people btw.