MLM (Multi Level Marketing) is a model so familiar to investors, and to many people who have no sympathy for this investment model. Listening to MLM investment is thinking of MULTI-LEVEL, and in Vietnam 99% of multi-level is going to scam / scam others.
Just like multi-level reality, MLM in the cryptocurrency is the A that draws the B and the B pulls C, D, E, F ... to eat commission.
The coins that use this model are famous as Bitconnect, Regalcoin, and countless other coins. These coins were born not help the development of the market (vice versa), and the purpose of the creation of these coins is only known by the founder.
👉 Investing in cryptocurrencies follows the MLM model
By Charlie Vanauken | Lesson About Crypto | 9 Jan 2020
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