There exist a new set of schemes that are running on Whatsapp or Telegram group chats. They create all manners of rooms for you to Provide Help, Get Help, Confirm Payment and many more. The truth is that, group admins mostly give themselves all sort of bonuses and therefore reaping a good fraction of the group member financial commitment every day. They end up disappearing after some period of time.

It is also important for you to be cautious of any platform that lack recommitment plan in its model. These sorts of schemes easily allow some people to come in with big money and once they make some very huge profit, they are gone from the platform forever. This one of the biggest factor against the sustenance of MMM Nigeria.

Poorly developed copycat are also something to be careful about. A lot of people get a good programmer to develop them a copycat scheme. They pay the first few set of participant to gain popularity. They start pairing with some of their 3rd party accomplice and you believing you are paying to another participant. This is one major reason I encourage participant to create discussion groups and announce the names of those you are paired to pay in such groups.

Finally, please do not allow the spirit of greediness to control you. No matter how good a scheme is, remember it will not last forever. Don’t invest beyond your spare money. Just as you can make some good amount of money, you can also loose a good sum of money too.

Be wise.