Yes, a hundred times this. People are always coming up with new bullshit to scam the people who are just coming up and haven’t been taught lessons like this. Making a $500 mistake is really nothing in the grand scheme but when I watched this video I realized people could be on the hook for $10k or $150k or even $300k if their credit was good enough.
Comment on Coffeezilla - Youtuber "Proves" People are Lazy with DayTrading
makeshiftreaper@lemmy.world 5 days ago
The golden rule of money making tips: if this was a successful way to make money, why are they selling it to you instead of just using it to make money?
The two most likely answers:
- They’re making more money selling the idea than the idea generates
- (Far more likely) It’s a scam
Why are they introducing competition to their scheme? Why did they waste time building a sales deck and presentation when they could have been making money? If selling you money making tips is more profitable, how much money is there to be made?
rc__buggy@sh.itjust.works 5 days ago
thermal_shock@lemmy.world 5 days ago
This was my turning point on scams ala robert kiasaki and Rich dad Poor dad paid conventions.
blarghly@lemmy.world 5 days ago
That’s why I’ve been an MMM devotee for years. He isn’t trying to make money off of you. He’s just trying to brainwash you into riding a bicycle.