How long do money game brokers usually last, broker GCG Asia and broker XM, what's the story? Please explanation.
@ Doli:
The time to survive cannot be ascertained, some can last a long time, but some only briefly. Money games fall into the category of HYIP (High Yield Investment Program).
As is known, most money game companies use a ponzi scheme, or robbing Peter to pay Paul. Deposits from new customers are used to pay previous customers. Thus, if no one else comes in or the number of registrants decreases, the program will close and start catching new prey with a new trademark.
Therefore, money game companies aggressively promote and offer tempting incentives to attract new customers or members, in order to survive longer.
Read also: The Difference Between Hyip And Forex