BitCoin Investing – What sort of returns are realistic?

bitcoin-shutterstock_82403671-617x420Many people are talking about BitCoin these days – the cryptocurrency that has many governments wondering how they can leverage on the system, just like they leverage on your existing finances.

In this article I will not discuss the idea of the BitCoin. It is a reality, but then reality is just a matter of your perspective.

I first started dabbling with BitCoin about two months ago, and I should say that anything that sounds too good to be true is exactly that – ‘too good to be true’. However human behaviour is predictable and scams will often appeal to your greed more than reason. The real problem is that the people who start the scam are more greedy than you are, thus once the ‘central account’ is big enough, they take the money and run. You never get what is promised, in fact you simply lose everything.

Have you ever heard of a StokVel?

A ‘Stokvel’ is an African word for a mutual aid society, basically an agreement where a group of people agree to help each other financially. I have found another mutual aid society online, called MMM. The minimum investment is only 10 Dollars and you will receive 50% growth in a month. The 50% growth is achieved by having your money available for others. Simple when you come to think of it.

In contrast, I have recommended my existing bank to my friends – my friends have opened bank accounts, invested money and used the services, yet my bank continues to charge me the obscene rates that it does.

If you would like to investigate the MMM Global option you can visit the following link or send me a message, I will be more than willing to discuss this with you.

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About RichSimmondsZA

Retired but still Disruptive
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