A few friends wako hyped sana kuhusu Live Auction ( https://liveauction1.cash/#Home )
for akanyal members, Live Auction ni ati unabuy shares by pairing to a guy selling ‘em and then selling to a guy buying’ em (sijui peer to peer trading)
all transactions are via mpesa(bitcoin and others available too) na wako na whatsapp group za kusort issues(since it’s peer to peer trading)
Trading ni daily (when I was being told about it trading was twice a week I think) naambiwa that window closes like lightening so wakigo live you need to be fast on your fingers.
Also ukileta mtu unapata commission I think ya 10%(not sure if it’s on every trade) also minimum ni 1200ksh
I know this is shady sh!t since the returns are astronomical, in fact they’re out of this galaxy leave alone world? Why? There’s guranteed win, yaani pesa haikunywi maji ukiekelea (yet)
I always ask how a company is earning from it’s endeavors juu hapa ndio msee huona the biggest red flag…
so my friend tells me that them splitting the shares and making them available for trading is how they eat… Hii maneno sikuelewa fiti juu mi sio msomi wa hii maneno ya share purchase
keep in mind sijaambiwa kama kuna transaction or processing fees so I guess they do not juu ata watakupair na mtu directly
1.how are they able to gurantee members such returns (over 30%) every time?
2.And of course what type (pyramid perhaps?)
For the record, I’m not touching this with a 10-foot pole, nataka tu kuilewa_i.e Analysis yenyu wadau.