A good friend fell for a crypto scam with DSJ / BG Wealth
Someone in a whats app group that my friend invited me sent this to a person that was questioning them: (answered felt ai tbh) Also any answer to give them? lol
Yes, many people lie about DSJ / BG Wealth. AI only manages to repeat the lies.
(redacted person) has taken nearly his whole investment. Notice that those who make those claims have absolutely no evidence.
Try taking from your 401K early . .. there's a fee. Try doing day trading or buying/ selling stocks. There's a fee... regardless of whether or not you gain..
If one withdraws before 50 days, before the initial (and ONLY required) deposit doubles, there's an extra 20% penalty, NOT more. So AI lied. Yes, there is a 12% fee to withdraw from DSJ.
Where does the money come from? It does NOT come from new people. We're trading futures of BTC. I know that some people trade futures of Corn, soybeans, and other things, guessing if the price is going up or down.
The math doesn't work for the money to come from new people.
My dear friend put in $500. He took out $500. He has 0 people under him. He has over $600 in his account.
We are 100% in full control of our own accounts.
My brother used the very fallible AI (CHATGPT) in his case. Then he actually did real research. This is one of the posts he wrote.
It’s not actually “interest.”
Money in your savings account sits idle, and YOU are idle, and the bank pays you (some) interest for their use of your money for THEIR investments.
In DSJ we are not “earning interest.”
Interesting timing for your question—I’ve been thinking about this a lot today.
I really think “1.3% compounding interest!” causes lots of problems and disbelief—no one earns that kind of interest!
In DSJ we are day trading.
We are trading on the futures of BTC, using BG Wealth’s algorithm and their AI-guided system.
Most of us trade twice/ day, using trade orders that are provided to us—BUT the order is not placed FOR us.
You have to actively choose to place the trade order (signal) yourself.
YOU are the one deciding whether you want to execute a trade at that particular time.
They are two different events. In Central Time, where I live, I trade in the morning and again in the afternoon.
The cumulative impact of both trades together is often approximately 1.3%; sometimes a little bit lower, frequently a bit higher.
The money from TODAY’s trading is properly referred to as TRADE GAIN, or profit, but it is NOT “interest.”
Interest is a very different animal.
We are day trading on the futures of BTC, and we either profit (gain on our trade) or lose as the result of asking DSJ to execute a trade on the order (signal) that we submit each time.
Then this person sends a bunch of government links websites showing the business is legit.