Some people want to invest in get-rich-quick schemes without weighing the risks involved. As the saying goes, everything is a risk but there also needs to be risk management in everything we do.

Let me share my experience, some years back there was a Ponzi scheme that came to destroy the lives of Nigerians with the “too good to be true profit rate” which enticed everyone both young and old, rich and poor, and it drove people into investing blindly without checking the risk by the rewards

I knew people who invested their school fees, others put their house rents, shop rent, utility bills, salaries, osusu money, some even went as far as taking loans from banks, and even some churches invested in the scheme and it all went for vanishing, I remember one of my friends/coursemates warning me about the scheme and how it would end in tears I called him jew man. I was carried away by the profit level I’d have by the end of the year(December), getting to the end of the year the site began to have issues and it crashed we were all hoping for it to come back and truly some are still hoping till date

A lot of people became homeless, and jobless, some dropped out of school because of mismanagement of their risks and reward, and some nearly lost their marriages, one of my big bros who just got married that period invested all the money gotten from his wedding in the scheme and it almost cost his marriage when the site crashed and the money went with it. If one had invested that money into starting up a business whether small scale or large scale it doesn't really matter; What matters is that the profit will eventually add up while you are managing the risk.

Speaking of starting a business, there are lots of lucrative businesses out there. We can start with low capital that would yield a lot of profits in no time if all is done right and all boxes are checked. The good thing is everything has now gone digital which makes selling online very widespread. Let’s use men’s fashion as an example which includes clothes, shoes, jewelry for men, and so on, getting to start this business doesn’t really take much just knowing where to get these products at a cheap price and where to market them which bring me to one I would be glad to recommend to all

Gotahia.com - Gotahia helps online sellers (aka resellers) to find the products their customers want and build their network of suppliers. Suppliers are wholesalers, importers, or producers who have large quantities of goods and can sell at low prices. Resellers buy from suppliers and sell to final consumers.

As a reseller on Gotahia, you will find products that you can sell for a good profit margin. You can buy those products from suppliers in bulk to get the best prices or you can start marketing the products without buying them because the suppliers can dropship when you get an order. This is fantastic since you need not go looking for these products yourself in the market since everything can be done at the comfort of your home just click www.gotahia.com/reseller become an online seller today and get the best deals you can find anywhere at your fingertips

This would help a lot of persons to know how to better manage situations like this

boss thank you very much for this, it would be very helpful to people who don't know how this scam works sharing from your experience there's more light out for us to know, that these things do actually happen
please how does this gotahia work?

This post reminds me of MMM that year. People lost money eeehhh. The crazy thing is people are still falling for ponzi schemes today.

and do you think that's ok, you wouldn't bank much on what you get from ponzi there's relatively an higher chance of you getting ripped off your hard earned money than you gaining from the scheme, why not start up something real, something that you need not be an early starter to benefit largely from

Betensure:

Only those that Invest Early been from Ponzi

make nigerians leave ponzi make ponzi leave them

Its sad that people still fall for ponzi scheme