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 TriumphFX - TFXI

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MUM
post Oct 30 2022, 04:26 PM

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QUOTE(Don Salvatore @ Oct 30 2022, 03:55 PM)
In a way yes, the thought of "awareness & caution" should be there prior to investing in any place. That's why due diligence is required with PROPER FACTS.

But as far as awareness goes, there must be a threshold of an attempt to take risks. If someone would apply your theory solely on any investments, then might as well put everything in FD as it is guaranteed the safest place.

I think bottomline is, different individual have different risk appetite. The risk to beat inflation sometimes pose a larger risk itself (even if investing at a non-scam platform) as nothing is guaranteed. Inflation could be -7% a year but your "Mutual Funds" might be -15% this year. (Just take mutual fund as an example. No intention of disregarding it).

)So it's How, Where and When you place your funds at is the most crucial point. 
*
That is why I cautioused him by started with to ....beware of what you think you want to do to reduce the impact of inflation on your available money...

If he just focused on reduce the impact of inflation by going for forex investing, ...then he better do be aware of what I had mentioned before he go right into it. Especially when he mentioned "if investment is correctly done"

As many statistic had mentioned abt 70% of cfd accounts holders loses money...

Even if due diligent are made before hand, even it had been shown to be consistently giving good returns months after months or years after years,....it does not mean it is guaranteed to be able to do the same in future.

So, your saying "So it's How, Where and When you place your funds at is the most crucial point."....is true and I believes we can only realised how that placed fund goes later in time.

This post has been edited by MUM: Oct 30 2022, 04:27 PM
MUM
post Oct 30 2022, 05:09 PM

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QUOTE(Don Salvatore @ Oct 30 2022, 04:32 PM)
Yes. But just to highlight that not just specifically "Forex Investing", any investments also must have the same awareness/cautiousness. Shouldn't be bias into a certain instrument. Many invested in stock market early this year & lost, same goes to crypto. So all instrument poses the same amount of risk. Just when it comes to breaking down the instrument, will be the one I elaborated to him previous comments.
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Yes, to your post "Yes. But just to highlight that not just specifically "Forex Investing", any investments also must have the same awareness/cautiousness"

The "beware" in my previous post is for his post of

"Since inflation is getting higher the few month, Forex investment can assist to reduce the impact if investment is correctly done."

If I happens to read postings in other threads about people trying to use stocks, crypto or others high risk jnvestments to assist in reduce the impact of inflation and hope that his invesment is correctly done. Then I believes the content of my earlier can be applied to them too...except perhaps (depending on products) that "scammed" part where he could lost 10k

MUM
post Oct 30 2022, 05:38 PM

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QUOTE(Ultimate Warrior @ Oct 30 2022, 05:03 PM)
Hi, Thanks for all answers

Question 4 is like in Malaysia, we have CIMB securities,  Kenanga for Trading stock. Just choose a securities we like that start trading.
For Forex is the same question, we can choose TFXI or Avatrade is we would to invest in Forex trading. Is this correct?
*
Regarding the blue highlighted, ..
While waiting for real value added responses, I kay poh and ask...
You wanna do forex trading your self or you wanted someone to do the fund management for you?

In post 1515 mentioned
"Triumphfx , the parent co is licensed by Cysec , deals with retail brokerage .. Triumph Int.SC Limited ( short form , Tfxi ) is licensed by FSA Seychelles & into fund management."

Previously someone mentioned. For tfxi, you need to have someone to refer/"invites" you in with referral codes.

Hope I got those info corrects.


MUM
post Oct 30 2022, 06:22 PM

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QUOTE(Ultimate Warrior @ Oct 30 2022, 06:07 PM)
Hi, just wanted Fund management for Forex investment. No time to manage. Like previous thread say long term or short term investment.

Been doing many long term investment but short term investment never try before so wanted to try out some.

Stock already done invest.
Mutual also done invest.
FD also done invest.
Forex wanting to invest some but see this thread previously so many say is scam so worry.
(Some friend ask me to invest in TFXI such as EOB, Takami which I also don’t understand.) but thread got so many others FM name 😅.

So many invest some in TFXi and Avatrade since both had FM doing it.

Since my friend have been investing since last December and nothing since to happen. So they why want to know what Forex work.

Investment is risk but make sure is the risk is self make decisions and not scam by someone can already. 😊
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If you wanted,
"Fund management for Forex investment. No time to manage.".... I believes that would be under tfxi.

Since you got friends that had invested since last Dec, thus you can ask him how to join it.
FYI, there had been postings here that nothing bad happened with it years longer than your friends 10 months track records.

On this, "Investment is risk but make sure is the risk is self make decisions and not scam by someone can already. "
...hope you are lucky enough. God bless, good luck in your decision.


MUM
post Oct 31 2022, 08:15 AM

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QUOTE(Ultimate Warrior @ Oct 31 2022, 08:01 AM)
Hi,

Mutual Fund performance is Low for this 2 years, that why had to diversify into Forex for short term.

Never had any problems experience in Forex.

Just in your opinions.
Any readings on how to select a FM?

Thanks in advance.
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Good question on the FM selection

Just asking while waiting for responses..
Iif this investment had been shown to have 2-3 yrs consistent 70 -80% roi pa, before you joined and in that 2 yrs you joined, you are also getting 70-80% roi pa...

Will your short term turned into long term?
Will your temporarily investment turned into permanent?
Will your part of the small allocation into it turned into a najor allocation?
If by that time if you are at 50 yrs old, will you also take out part of Yr eof and invest to grow it faster n more?
MUM
post Nov 2 2022, 07:28 AM

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I prefer to give away a conciously made decision chance to try make more $..than be blinded by greed thus failed to see the potential danger of it....
perhaps that is why I am still "poor".

I believes there are very high probability of,
What could starts as a little test trial run, could ends up with dumping in more n also telling my friends n family members about it.

Is that a bad thing?
No, definitely not, if it did not "close suddenly" (money inaccessible) for whatever reasons after i dumped more in and better still if it continued to gives out that consistent returns months after months.
The wealth that i, my friends and those of my family members (that i had roped in earlier) had made and the continual spreading of it to others, would helps to improves many things including not limited to the living standard, the economy and poverty level in Malaysia.

This post has been edited by MUM: Nov 2 2022, 07:33 AM
MUM
post Nov 2 2022, 07:33 PM

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QUOTE(Don Salvatore @ Nov 2 2022, 05:20 PM)
@MUM After all 70 pages in this threat you seemed to keep highlighting the same point of "Trying/Testing out" vs "Throwing everything in".
Let me re-iterate that me and some other people supports the act of "Testing Out/Trying Out" doesn't mean we encourage "Throwing everything in".

The greediness part I've already highlighted in some other posts. I did said Greediness is up to one's individual. A platform is consistent/good doesn't mean you have to pour everything in. Greediness have to be guided and taught to different individual depending on their greediness level.

If someone loves to eat 100x Cadbury Chocolate a day despite knowing that eating too much isn't good for health, doesn't mean Cadbury is at fault. It's the person's fault & lack of health knowledge. If that someone eaten Cadbury & promotes its products & how delicious it is to his friends & family, it's up to the friend & family to determine how they control the amount of intake & that cycle repeats.
Each & every individual must have their own standings & opinions on Cadbury. I don't think people are that dumb to believe the promoter of Cadbury & eat a Ton of Chocolates a day. Again, If they fail to understand basic health knowledge, it's their owns fault. NOT the promoter's fault, NOT Cadbury's Fault

Same goes to investments. Example TFXI.
If someone dumps everything into TFXI just because of its consistent past performance, its NOT the Marketers fault, its NOT TFXI's fault. It's that person's greediness & lack of financial knowledge.

Greediness are core values of human behavior that needs to be tweaked & educated. It has nothing to do with the company, or promoter or whatsoever.
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For a start, my post did not mention "dump everything in", I mentioned "dump in more"

Yes I agree that human greediness has nothing to do with tfxi, and yes you did posted that before.
But I believes promoters n those giving testimonials about it does play a part in exposing n enhancing another human to the temptation of greed. (Like in my earlier post, I told my friends n family members about my results (they believed my testimonials).)

So for your below comment, I believes that those that invested with whatever amount can be subjected to it too.
(After I changed "everything" to "some thing")

"Same goes to investments. Example TFXI.
If someone dumps every something into TFXI just because of its consistent past performance, its NOT the Marketers fault, its NOT TFXI's fault. It's that person's greediness & lack of financial knowledge.

Greediness are core values of human behavior that needs to be tweaked & educated. It has nothing to do with the company, or promoter or whatsoever."

Other than greed, there are some other reasons too as per this article,
Why are Malaysians Still Foolishly Investing in Money Games?
https://loanstreet.com.my/learning-centre/w...-in-money-games

BTW, I am not equating tfxi to be same as jjptr or anything close to it. As the latter had proved itself as a confirmed scam.

This post has been edited by MUM: Nov 2 2022, 07:52 PM
MUM
post Nov 6 2022, 09:52 AM

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Could they be having a new project manager that oversee the project or new p2p payment and deposit transaction platform (as posted by trialblazer).??

They had experiences in China, ...where they handled 1.2 billion usd (5.4 billion myr), of fund size of depositors in China and I believes p2p would hv been widely used in China.

Perhaps they would also include "crypto wallets" as Just recently someone mentioned,...crypto wallets.

Hope these withdrawal issues can be settled quickly as I think it had been mentioned by some n in trustpilot since 1-2 months back...

Hope to read "official" replies instead of speculations and assumptions, just like my postings,..

For those that had invested, my unqualified advice for now is, ...
Don't worry. If you’re so worried, why did you invest in the first place? It is either you win or lose.
Please be patience and give them some time to sort out this problem for the benefits of your investment and I personally believed (with high hope) that now is not time for them to run away with your money,

Happy Sunday.

This post has been edited by MUM: Nov 6 2022, 10:46 AM
MUM
post Nov 6 2022, 06:57 PM

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QUOTE(Don Salvatore @ Nov 6 2022, 06:10 PM)
I'm just laughing myself by looking at haters finally jump for joy for the 9212938th time "thinking" TFXI is going to collapse.

2015 = TFXI is going to collapse due to Singliworld issue (non-related)
2017 = FPA says TFXI will collapse because use fake trades, manipulated trades.
2018 = TFXI collapse because BehindMLM said so
2021 = TFXI going to collapse because their Vanuatu License got stripped off
2022 =
LowYat = TFXI is going to collapse from late wd at China (June 2022)
BehindMLM = TFXI has collapsED (Past Tense) due to server down (October 2022)
LowYat = TFXI is going to boom because they are implementing a faster withdrawal process.

Conclusion to haters =
- TFXI fast withdrawal - Because deposits are still there so can withstand payout. Will scam soon.
- TFXI slow withdrawal - Its going to scam
- TFXI fixing the slow withdrawal - WooHoo! Where's protektor? Its going to scam!

At this point we'll just wait and see in the next few months to see all these silent haters going to be a new clown in this circus or not.

Idiots from 2015, 2016, 2017, 2018, 2019, 2020, 2021 who have claimed TFXI a scam has officially promoted to Clowns. Let's see who are the new candidates for 2022. BehindMLM already took 1 candidate spot for claiming it has already collapsED (Past Tense) 1 month ago. Let's wait and see.
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hmm.gif for this new candidates,....could it be CNA for suggesting its viewers to check out Globalantiscam.org for scam website in one of CNA latest documentary or Globalantiscam.org for listing Triumphfx/tfxi as a scam??

that CNA documentary ...timestamp 12.10 listed globalantiscam.org as a reference site
https://www.youtube.com/watch?v=QMt3EdPC7-Q



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MUM
post Nov 7 2022, 07:47 PM

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QUOTE(SKL @ Nov 7 2022, 07:44 PM)
Feel frustrated. Every month have this problem. Why can't they upgrade their server.
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Is it operating as normal now?
MUM
post Nov 7 2022, 10:13 PM

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QUOTE(kembayang @ Nov 7 2022, 02:52 PM)
put $1k now.
After 10 years become millionaire?
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hmm.gif since this is the 2nd time you posted this question in 3 weeks....
while waiting for responses,...i will kay poh try to post my view about that...just my view,...may not suit all.

if you were to asked
"put $1k now.
After 10 years become millionaire?

mathematically, it depends on the roi....
if you can have consistent average 7% ROI in every cycle of 5 weeks....
see the attached image of a rough simple illustration,...and see how long it takes for you to reach 1 million by just putting in 1k in the beginning.

btw, if you were to continue the calculation for another 10 years,...i think you will get 1 Billion USD.
yes,...what a good way to give your newborn child a gift to be taken out after university/college.

if you asked
"put $1k now.
After 10 years become millionaire?"

This NOW, hmm.gif hmm.gif
as posted in this thread last month,....
"I don't think everything is permanent. Even if trader are giving consistent profit for 10 years, doesn't mean they will for another 10 years. They might retire, close down or even lose money".

This "trader" can includes your unit trust funds, your stock portfolio holdings or or your business or your employer etc
This "close down" can includes running off with your money or accounts got hacked or operations stopped by the authorities too.

thus i am unable to answer you if you put in 1k now, after 10 years become a millionaire......
for it could be 5 yrs, i could be 20 years and i could be all lost next month too.





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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.
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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.
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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
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.
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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
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.
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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
MUM
post Nov 9 2022, 12:48 PM

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QUOTE(Anythlng @ Nov 9 2022, 11:59 AM)
Hahaha I hope Don and trail don’t come and do explanation to these circus monkey.
but judging based on past 2 months of happenings, do you think both of them will stop doing it and refrain themselves from the joy of having participated in ?

We know what’s going on since we are inside the scheme, there’s no need to entertain these bunch of people here, just let them act smart and play their guessing game.
Yes, that is very true, since you insider knows it better...After having feed info from the source....no need to think or guess or hv any doubt...just hv to believes n trust the source....Good choice of yours.

We are hyped since the broker is implementing an initiative trying to solve the withdrawal issue, i wonder why you guys who are not into the scheme get hyped as well.
yes, that is very true, they should get hyped only when it burst and not now.
Just focus on when will it be collapselah but unfortunately it seems like still long way to go since they are going to launch this new initiative. Disappointed huh?
I guess they would be disappointed definitely if it did not burst soon, but as posted in this thread last month,....

"I don't think everything is permanent. Even if trader are giving consistent profit for 10 years, doesn't mean they will for another 10 years. They might retire, close down or even lose money".

This "trader" can includes your unit trust funds, your stock portfolio holdings or or your business or your employer etc
This "close down" can includes running off with your money or accounts got hacked or operations stopped by the authorities too.

So I guess there is still hope for them even though they are disappointed for now.
But who will be more dissapointed when/if it did burst?


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This post has been edited by MUM: Nov 9 2022, 12:51 PM
MUM
post Nov 9 2022, 12:59 PM

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QUOTE(gashout @ Nov 9 2022, 12:35 PM)
there are usdt, usdc, dai in crypto space. backed up by real fiat. why need tfx coin as stable coin?

who gonna check their balance to ensure they have real reserves vs the supply they produced.

in summary, its a way, to keep printing 'non value' token, while pocketing some real usd. VERY SMART.

you need enough players to enter this pyramid scheme to get their p2p going. malaysian victims, how many more left to be scammed? cause majority of the players are malaysians, not sure why rich countries dont play this game. only attract poor countries like malaysia. cause so many GULLIBLE people.

lmao. GOOD LUCK.
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Yes on the highlighted....just like my spouse used to go spend more expensive priced products on mlm shop. Getting n collecting points or $$ vouchers. ... with the hope that can use them to exchange free gifts.....unknowingly the shop are pocketing our real cash in advance.
MUM
post Nov 9 2022, 01:36 PM

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QUOTE(gashout @ Nov 9 2022, 01:18 PM)
MBI also the same.

They give you many 'points' for you to do things.

Points are worthless thing.

Then kaput.
Bingo. People are already got penalized by low conversion rate. But the die hard fan will tell newcomers, hey, see USD in form of TFX is much cheaper for you to enter.

TFX should have a USDT/USDC reserve, then when people want to cash out, give them right away, won't take more than 5 minutes. With so much reserve as they claim, surely they can have some stable coin, and not their own coin.

TFX coin, no different from shit coin, unlimited supply, whatever peg to 1 usd. SAYS WHO?

the previous withdrawal period is 2 weeks I hear. sounds more like cash flow problem. which is BAD.
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I believes as long as the company says and committed to the peg value. Example 1 usd = 1 usdt = 1 coin.
Then it is ok for them to be used among themselves n the company.
Just like KFC printed the voucher value to be exchangeable for the value of the meal of same value. Mcd or bk will not accept it but it is ok for they can use it in KFC.

But what will the real value of their 1 usd equivalent to the bank rate?..just yesterday someone posted it is abt 5% less...Will it be lesser with the continued strengthen of the dollar?

This post has been edited by MUM: Nov 9 2022, 01:40 PM
MUM
post Nov 9 2022, 01:51 PM

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QUOTE(TheLegend27 @ Nov 9 2022, 01:44 PM)
they can't cover it already that's why introduce crypto. so issue tfx to u. u can redeem 1 usdt from them but u need wait. they will fill up ur tfx coin redemption to usdt but probably limited qty. coz they don't have enough usdt. that explain they losing money yet keep issue u 12% profit via tfx usd.
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They mentioned "reduce withdrawal time from 14 days to 1 hour.
(Image from post 1630)


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MUM
post Nov 9 2022, 01:58 PM

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QUOTE(gashout @ Nov 9 2022, 01:48 PM)
so, who will verify they have real reserve to have it pegged.

or just talk only

talk is cheap.
everyone dont mind kfc. not many want tfx token.

im sure it will be lower. high supply low demand.
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Same as not many believed in tfxi, but there are still many strong believers too.
So they use it among themselves n the company...not to be tradeable in exchangeable outside of their ecosystem.
As long as, those that wanted to withdraw cash to their account can still do it...they would be happy already.

5% losses against bank rate, can be easily covered with 7% roi gain in the next few weeks already
MUM
post Nov 9 2022, 02:21 PM

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QUOTE(gashout @ Nov 9 2022, 02:00 PM)
......
true. that will be the selling point old 'investors' will tell new 'investors'
*
Other than that, they could probably be saying this too.

Don't worry. If you’re so worried, why did you invest in the first place? It is either you win or lose.
Please be patience and give them some time to sort out this problem for the benefits of your investment withdrawal experience and I personally believed that they will not run away with your money, as myself is still hv ××××$$ in it.

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