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 TriumphFX - TFXI

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keong_boy
post Nov 8 2022, 09:36 AM

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QUOTE(Sumofwhich @ Nov 8 2022, 09:29 AM)
If anyone needs to fund, pls PM me.
Looking to exchg the USD for MYR thanks.
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Me too. I want let go of my usd for myr.
jack2
post Nov 8 2022, 10:13 AM

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wow, so many come out to exchange...so many hided and now sudah appear.. haha
Sumofwhich
post Nov 8 2022, 10:20 AM

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just wanted to cash out idle funds since every block of $1k required to attach to a fund
TheLegend27
post Nov 8 2022, 10:58 AM

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QUOTE(kembayang @ Nov 7 2022, 02:52 PM)
put $1k now.
After 10 years become millionaire?
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well, they got consistent return. about 7%+ per month. let's assume 7%. lets calculate

$1000 x 1.07^(10 years x 12 months) = $3,357,788.38 <- USD

user posted image

too good to be true? u know the drill





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Ultimate Warrior P
post Nov 8 2022, 10:58 AM

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Hi, why nobody take out money just curious? Forex unable to redraw profit?
SKL
post Nov 8 2022, 11:18 AM

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QUOTE(Ultimate Warrior @ Nov 8 2022, 10:58 AM)
Hi, why nobody take out money just curious? Forex unable to redraw profit?
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Where you get those info just curious

TheLegend27
post Nov 8 2022, 11:20 AM

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QUOTE(Sumofwhich @ Nov 8 2022, 09:29 AM)
If anyone needs to fund, pls PM me.
Looking to exchg the USD for MYR thanks.
*
4.33 and i'm sold.
TheLegend27
post Nov 8 2022, 11:21 AM

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QUOTE(jack2 @ Nov 8 2022, 10:13 AM)
wow, so many come out to exchange...so many hided and now sudah appear.. haha
*
losing peg mang. problem. u can treat tfx usd is TFX issued USD. not equivalent to USD.
jack2
post Nov 8 2022, 11:22 AM

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QUOTE(TheLegend27 @ Nov 8 2022, 11:21 AM)
losing peg mang. problem. u can treat tfx usd is TFX issued USD. not equivalent to USD.
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where is the marketplace to buy sell?
TheLegend27
post Nov 8 2022, 11:25 AM

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QUOTE(jack2 @ Nov 8 2022, 11:22 AM)
where is the marketplace to buy sell?
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so far i think within tfx user whatsapp group. also that type is non-escrow type of p2p. still base on trust as when u buy u need pay $ first then they transfer $ to ur tfx account.
Sumofwhich
post Nov 8 2022, 11:35 AM

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QUOTE(TheLegend27 @ Nov 8 2022, 11:25 AM)
so far i think within tfx user whatsapp group. also that type is non-escrow type of p2p. still base on trust as when u buy u need pay $ first then they transfer $ to ur tfx account.
*
can PM or share the link pls? Thanks!
MUM
post Nov 8 2022, 11:37 AM

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QUOTE(TheLegend27 @ Nov 8 2022, 11:21 AM)
losing peg mang. problem. u can treat tfx usd is TFX issued USD. not equivalent to USD.
*
Wow, if like that, any idea what is their rate when compared to the bank?

QUOTE(TheLegend27 @ Nov 8 2022, 11:25 AM)
so far i think within tfx user whatsapp group. also that type is non-escrow type of p2p. still base on trust as when u buy u need pay $ first then they transfer $ to ur tfx account.
*
Wow, if like that, ...uumph, thinking thinking...

I think I got read a recent issued slides (in the internet) mentioning can transfer direct to the bank.
https://www.slideshare.net/RobertSims38/tfxi-stepspdf
Not sure if that is "really" from tfxi.
Got in the instruction,...(page 35 onwards)...mbb swift code used

This post has been edited by MUM: Nov 8 2022, 11:42 AM
Sumofwhich
post Nov 8 2022, 11:46 AM

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QUOTE(MUM @ Nov 8 2022, 11:37 AM)
Wow, if like that, any idea what is their rate when compared to the bank?
Wow, if like that,  ...uumph, thinking thinking...

I think I got read a recent issued slides (in the internet) mentioning can transfer direct to the bank.
https://www.slideshare.net/RobertSims38/tfxi-stepspdf
Not sure if that is "really" from tfxi.
Got in the instruction,...(page 35 onwards)...mbb swift code used
*
the withdrawal should work la, but will take time and not so good rates.
TheLegend27
post Nov 8 2022, 11:51 AM

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QUOTE(MUM @ Nov 8 2022, 11:37 AM)
Wow, if like that, any idea what is their rate when compared to the bank?
Wow, if like that,  ...uumph, thinking thinking...

I think I got read a recent issued slides (in the internet) mentioning can transfer direct to the bank.
https://www.slideshare.net/RobertSims38/tfxi-stepspdf
Not sure if that is "really" from tfxi.
Got in the instruction,...(page 35 onwards)...mbb swift code used
*
that's why u need to read my reply above.

QUOTE(TheLegend27 @ Nov 7 2022, 11:11 AM)
Chronological Order

1. Earning 7%+ monthly. TFX USD profit selling to other user via P2P.
2. Keep earning and continuous selling pressure and therefore the supply of TFX USD going up.
3. Supply more than demand, TFX USD lose peg. trade below RM4.74. At the moment of writing, it is selling at RM4.5 via P2P.
4. People now rather withdraw via bank, coz minus fee still worth it as USD worth RM4.74 now.
5. TFX need to fork out a lot of real USD, TFX issue email say deposit and withdraw process slow or in fact halt? People unable to withdraw money out.

???

7. profit!?
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yes, u can transfer to bank fetch good rate. well if u can think of that, average joe also does that. and because of that many people starting to withdraw to bank. and causing so call "bank run" on TFX side? i don't know but now withdrawal had been halt and also mention officially in their email "slow process" in withdrawal. or perhaps tfx invest the cash in some form of investment paper that not liquid enough? i don't know. but it check the flag when some project rugpull. like celsius stopping withdrawal.

but still i'm not 100% sure yet it is gone. i also invest some money half year ago. but the money i afford to lose la.
cliveseow
post Nov 8 2022, 12:02 PM

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QUOTE(cliveseow @ Oct 6 2022, 04:32 PM)
Could be "Bank Run" phenomenon
*
My DVD replay again, I hate this song... whistling.gif
MUM
post Nov 8 2022, 12:15 PM

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QUOTE(TheLegend27 @ Nov 8 2022, 11:51 AM)
that's why u need to read my reply above.
yes, u can transfer to bank fetch good rate. well if u can think of that, average joe also does that. and because of that many people starting to withdraw to bank. and causing so call "bank run" on TFX side? i don't know but now withdrawal had been halt and also mention officially in their email "slow process" in withdrawal. or perhaps tfx invest the cash in some form of investment paper that not liquid enough? i don't know. but it check the flag when some project rugpull. like celsius stopping withdrawal.

but still i'm not 100% sure yet it is gone. i also invest some money half year ago. but the money i afford to lose la.
*
4.74 to 4.5 is abt 5% less....
I think, ....
If not necessary a really necessity to withdrawal for that 5% forex gain,....better keep inside, bcos it would missed out that 7% gain in the next few weeks
Is my thinking correct?

This post has been edited by MUM: Nov 8 2022, 12:15 PM
koaydarren
post Nov 8 2022, 12:28 PM

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QUOTE(TheLegend27 @ Nov 8 2022, 11:51 AM)
that's why u need to read my reply above.
yes, u can transfer to bank fetch good rate. well if u can think of that, average joe also does that. and because of that many people starting to withdraw to bank. and causing so call "bank run" on TFX side? i don't know but now withdrawal had been halt and also mention officially in their email "slow process" in withdrawal. or perhaps tfx invest the cash in some form of investment paper that not liquid enough? i don't know. but it check the flag when some project rugpull. like celsius stopping withdrawal.

but still i'm not 100% sure yet it is gone. i also invest some money half year ago. but the money i afford to lose la.
*
You are right. This situation is exactly same like three arrows capital and Terra where they first slow down the withdrawal process significantly, and then stop withdrawal entirely. Because its not regulated, siphoning out the money from the platform entirely is not impossible.
TheLegend27
post Nov 8 2022, 12:40 PM

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QUOTE(koaydarren @ Nov 8 2022, 12:28 PM)
You are right. This situation is exactly same like three arrows capital and Terra where they first slow down the withdrawal process significantly, and then stop withdrawal entirely. Because its not regulated, siphoning out the money from the platform entirely is not impossible.
*
but this kind of losing peg is a death spiral. the TFX USD will continue to losing the value as time goes by and the people request bank withdrawal will keep growing. So when TFX available to perform withdrawal, the amount to withdraw become way way bigger. If they can't swallow that, then situation continue to worsen. So now the only solution is TFX really have earn that $ and able to pay off users. and it take some time to prove that so that TFX can back to normal again.

This post has been edited by TheLegend27: Nov 8 2022, 12:40 PM
koaydarren
post Nov 8 2022, 01:03 PM

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QUOTE(TheLegend27 @ Nov 8 2022, 12:40 PM)
but this kind of losing peg is a death spiral. the TFX USD will continue to losing the value as time goes by and the people request bank withdrawal will keep growing. So when TFX available to perform withdrawal, the amount to withdraw become way way bigger. If they can't swallow that, then situation continue to worsen. So now the only solution is TFX really have earn that $ and able to pay off users. and it take some time to prove that so that TFX can back to normal again.
*
Although the official withdrawal directly from the TFX platform is halted or very slow, at least TFX users can still get their money back via P2P. This is the reason why they need to have a master or upline to handle their downlines because internal transfers can be done easily when u have a big team handled by the master. U can join the telegram or WhatsApp groups. New joiners will feed the old members' withdrawals.
MUM
post Nov 8 2022, 01:08 PM

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QUOTE(koaydarren @ Nov 8 2022, 01:03 PM)
Although the official withdrawal directly from the TFX platform is halted or very slow, at least TFX users can still get their money back via P2P. This is the reason why they need to have a master or upline to handle their downlines because internal transfers can be done easily when u have a big team handled by the master. U can join the telegram or WhatsApp groups. New joiners will feed the old members' withdrawals.
*
Any idea,
Is there a max amount allowed for internal transfer?

If let says, old member need to withdraw xxx (large) amount of money, ...how many members would have at surplus money to buy, want to buy at that time of selling?


This post has been edited by MUM: Nov 8 2022, 01:14 PM

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