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 TriumphFX - TFXI

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MUM
post Jan 30 2023, 09:42 AM

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QUOTE(vapanel @ Jan 30 2023, 09:07 AM)
Possible scenario : my guess only

Crashing scenario
Currently :
1. downline detach fund and sell all coins
2. Upline still support and some might still buy
Next few weeks
1. Downline keep detach and sell everything
2. Some upline still support and others stop support and might sell too
Endgame
1. Most downline already exited (except a few who refuse to accept reality)
2. Upline start to sell but if all upline sell who going to buy? And this time most are seller and will not able to find buyer. So all leftover just upline that trust TriumphFX.

mib and IB trading among themselves without buyer that will be hard. Some ib also locked account until the end.

TriumphFX survive scenario
Can get from upline
They will give you all sorts of survive scenario like TEX 2.0
*
I believes, even at end games, tfxi will still exist.
Tfxi does not pay out fiat usd. They can still mint the tfx coins as long as there are investors putting their AUM with them.
Tfxi will still try to keep it running as long as possible as it will be good for their marketing purposes...if they create a new scheme years later, they can still says, Triumphfx had existed since 2009, a scam company will not have lasted so long.

Only those that are holding tfx coins will still be holding it with "hope" that it could recovers.
For i believes those that had previously been getting 70k passive income monthly from their 1million investment (cumulated from own investments + returns received) will not sell when the selling price is too low. ...example when it falls below 0.1 usdt. As their 1 million inside will only be worth 10k if they sells. Selling off and getting 10k will spoil their dreams and killed their faith and beliefs on something that they cherished and believed to be true for years.
Keep holding it will still gives them comfort and hope.
As some had mentioned, "They am still OK as they had taken out their capital, that money still inside (1 million) are just money given by tfxi over the years. They did not lose any capital and had also made money from it already."

devil.gif


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MUM
post Jan 30 2023, 10:14 AM

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QUOTE(vapanel @ Jan 30 2023, 09:59 AM)
lol

But 70k passive income become 20k at current coin value and will become 0 soon if they cannot find buyer for their coin lololol

Imagine all still inside the platform trying to get their monthly profit, who can they sell to if everyone already run away while Triumphfx name already smelly/busuk without new investor?
*
when too low they will not sell,
thus no buyer, they definitely not sell.

they prefer to re attach (with the monthly returns from TFXI.) As it will gives them "hope" and comfort....
as they still beliefs that "money" given from them are not from their own pocket (not their capital), so they don't really feel strong sadness or despairs.

MUM
post Jan 30 2023, 10:40 AM

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QUOTE(H1Tm4n @ Jan 30 2023, 10:20 AM)
To all hamsters which still happy to get only 10% of your money & to all hamsters that still got rejected, Triumphfx already has new FM, go join them, i guarantee you all will get your money fast bcoz they want to attract new hamsters to get their trust so they will pay fast if you hamsters join new FM. That is the only solutions for now.

Thank me later or give me angpao 🧧
*
Existing investors, will not be so keen to join in new fund.
For their
Money already stuck,
Networth in tfxi already slashed by 75%
Lost of faith in tfxi as what they said in Nov about the 1:1 usdt support did not materialise.
Keep seeing no end to the failing of tfx coin value

New investors, ( not from existing tfxi investors) ....May kena convinced unless they explore more like lowyat, triumphfx official fb, trustpilot etc etc.

MUM
post Jan 30 2023, 12:31 PM

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QUOTE(TheLegend27 @ Jan 30 2023, 12:03 PM)
anyway to sell tfx first and buy back later? unless someone lend me the token. laugh.gif
*
sweat.gif sweat.gif i would not DARE to do that....
unless i had fully explored and investigated the current daily TFX coins volume transacted.

TFXI mentioned that they got everyday 10 million USD to buy up from investors during the daily lucky pop up session
that means they can literally buy 10 million TFX coins daily at the rate of 1:1 USDT.

That is "IF" the TRX coins daily sell VOLUME is less than 10 millions coins (daily)
That is "IF" TFXI wanted to do it
That is "IF" TFXI can do it
That is "IF" TFXI had the money to buy from the sellers
That is "IF" TFXI did not think that self controlling the results of daily lucky draw are more cost effective than buying from sellers as it need to pay 10 millions USDT

This post has been edited by MUM: Jan 30 2023, 12:40 PM
MUM
post Jan 30 2023, 12:43 PM

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QUOTE(eldra @ Jan 30 2023, 12:35 PM)
IMO, it is no use to Trade TFX Coin on TEX ...

If you really Want to Trade, then you can Opt to Open Account at Real Forex Broker, and Trade with your own Forex Account on your Chosen Forex Broker ...

I myself don't want to Trade TFX Coin on TEX ...
I just Use TEX as a Way to Sell my TFX Coin at Market Price, to get USDT, and then Withdraw my USDT As Soon As Possible to my Binance Account ...
That's All ....
*
if i know how to trade, i would not trade Triumphfx TRX coins....
as it has unlimited supplies and they keep on creating TFX coins at a rate of 1 billion USD worth of coins being create every 5 weeks to pay their current 10 billion USD AUM.

This post has been edited by MUM: Jan 30 2023, 12:43 PM
MUM
post Jan 30 2023, 04:29 PM

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QUOTE(nauticat99 @ Jan 30 2023, 04:01 PM)
The whole money game is unraveling super fast. Heard from friend B today that she can’t sell at all. Not sure whether selected groups/people only but definitely a matter of time when all is frozen.
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Few weeks ago, they had came out with a memo, saying that they had locked some investors from selling.

I guess they won't implement locking all across the board or locking of ALL from selling.

They don't need to.
Tfxi does not need to buy the coins from the sellers.
Tfxi can mint their own coins
Tfxi is not paying any fiat usd for those coins,
Tfxi does not take in new investment in USD.
Tfxi does not lose from the low tfx price.
Tfxi had already took the real fiat money in Nov when tfxi replaced the money with their created coins.
Tfxi is not responsible for the low tfx price...it is the holders of tfx coins that are responsible..."don't sell at low price, then no low price". laugh.gif

Price low is good marketing tool for the investors...buy now at low price, earn alot more when it recovers. FMs has years of consistent track records of consistent positive returns to ensure continuous returns.

This post has been edited by MUM: Jan 30 2023, 04:33 PM
MUM
post Jan 30 2023, 05:13 PM

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QUOTE(vapanel @ Jan 30 2023, 04:41 PM)
.......

By the way, when they intro you?

Maybe already earn back many times if they invest few years ago and not greedy.
*
Bcos of that,
He could also may hv gained enough trust and confidence in it, like alot of investors.
The trust n confidence built overtime could change their risk appetite.
He could dismiss his action as greed. As after testing out tfxi initially with little can afford to lose money and received consistent "returns" for years....and his thinking that what could go wrong as triumphfx had been in operation for 12 years...
He could end up putting in more money inside
He could end up sharing his adventure to his friends just like his friend shared his to him years earlier.

...all was gloriously good and no fake in the mind of the investors till Dec 2022 as can be read from posting of that 3 die hard supporters/promoters/lovers etc....
Even until today, The trust n faith in tfxi can be so strong as can be seen from the postings in their fb pages.

MUM
post Jan 30 2023, 10:43 PM

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QUOTE(Sunshape @ Jan 30 2023, 10:24 PM)
Yes, unethical person. Same as Laly Yxx
*
You meant to say
It is Unethical if a person keep selling fund like there's nothing happening right now in their own tfxi telegram chat group??

This post has been edited by MUM: Jan 31 2023, 12:38 AM
MUM
post Jan 31 2023, 02:01 PM

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QUOTE(aaa_batteries @ Jan 31 2023, 01:56 PM)
the tex exchange, is it 24 x 7, 24 x 5 or certain hours during the day only?

at times, I can't see the latest price level to kepoh lol
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I am using this site to see the price...
Since 2 weeks, I am watching it frequently like almost daily....it did have movement
I am using h/p to see.
Not sure if use computer to see got issue or not
https://app-tex.tfxi.com/#/views/swiperIndex/swiperIndex
MUM
post Feb 1 2023, 10:20 AM

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QUOTE(prophetjul @ Feb 1 2023, 10:07 AM)
Is this dead yet?
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Not yet, but current investors are in ICU....
If they don't sell at low price, then there is no low price.
As with the current advancement in technology and tfxi complete hold of real cash and TEX exchange. I believes tfxi will lives on as usual, no sickness or what so ever..
Not tfxi problem if tfx price is low, they will still be minting 1 billions usd equivalent of coins every 5 weeks to pay the investors for their 10 billion AUM

This post has been edited by MUM: Feb 1 2023, 10:22 AM
MUM
post Feb 1 2023, 11:13 AM

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QUOTE(prophetjul @ Feb 1 2023, 11:01 AM)
tfx coins will be useless. There is NO backer of the coins except Trumphfx.
In FB, someone was even speculating the coins will be like BTC!Β  laugh.gifΒ  laugh.gifΒ  laugh.gif
*
Their presentation material in NOV, mentioned they hv 2.2 millions investors members and 10 billion usd AUM.
If those numbers are "real" and With their full control of the TEX exchange, I won't be surprised if and when the displays shows something like BTC value in future....inline with what the current investors wished and hoped for. laugh.gif

This post has been edited by MUM: Feb 1 2023, 11:18 AM
MUM
post Feb 1 2023, 11:31 AM

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QUOTE(prophetjul @ Feb 1 2023, 11:24 AM)
Unregulated of course.Β  laugh.gif
*
Yes,
But those existing investors had also been putting money, believing and trusting unregulated things.
I believes the don't really care about "unregulated".
They don't even care if it had been listed in the alert list by the SC or MAS.

This post has been edited by MUM: Feb 1 2023, 11:34 AM
MUM
post Feb 2 2023, 06:35 AM

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QUOTE(Toke @ Feb 1 2023, 09:04 PM)
...........
Weird folks here. Bash Mahathir for a decade, then vote him for Prime Minister 2nd time.. Last election vote Pakatan, dpt Zahid jadi TPM. (Tukar topic)
*
I guess just guess at times due to certain new happenings and also maybe due to changes in thinking and "perceived" thinking and beliefs, ...some previous die hard supporters of many years could change their loyalty or commitment to a superior or to a group or cause.

Just because something that had been good (or bad) in giving consistence performance for X years, this alone cannot be used as an indication of its possible continuation of good (or bad) performance for another X years more.

Just like the recent/current happenings...
I beliefs ( just beliefs cannot confirm it as I don't surf it previously),
For many years.... the tfxi telegram chat groups or FB pages or other social media platforms, there are mostly posting of godly praises, all positives and brand loyalty brainwashing kind of postings.
Now just after Dec 2022, can see many negatives, dissatisfaction, grievances, etc etc kind of postings made by its own members. They openly showed it without fear or remorse.

Yes,
"You can't con an honest person"
Risk disclosure was clearly stated in red before they invest anyway.
But an honest man can be scammed too as an honest man may be to easily convinced or they have no knowledge of it as a scam. (many stories in the press about financial knowledged and "qualified" people kena scammed too.)
Honest man can be not greedy, thus he test water with 1k ....money that he could easily afford to lose.
But when Over the period of many years, at a rate if every 5 weeks, he consistently saw money flowed into his pockets without failed.
This honest man being not greedy, took back his 1k capital after 1 year and let the rest to roll over.
OR
This honest man, may then go on to add more money...not because of greed but could be because of beliefs that it is NOT a scams ...where can a scam scheme be operational since 2009? Where can an investment scheme last12 years if it is not able to generates returns?
Many many Retail diy forex traders/players had already mentioned they can make this kind of returns a month with ease.

This honest man may then go on to tell his friends, colleagues or other family members about his adventure with this investment scheme. He honestly tell them everything.
Honest man being honest did not lied about the consistent 5 weekly roi he had been getting for years.
Did not lied about how he became a millionaires after 11 years.
Did not lied about how he got back his capital of just 1k after 1 year of investment and just let the balance roll over for 10 years...to become a millionaire without any capital put in it. For since 10 years ago as he had already taken out his 1k capital.

Will the friends, colleagues or other family members not convinced or believe the stories of an honest man and then test water?

Yes, Risk disclosure has clearly stated, ....especially it did mention "profits not guaranteed".
The honest man also did not lied, that he had been getting consistent returns every 5 weekly cycle for 10 years.

Xxxxxxx
BTW, even after this current 75% slashing of AUM, ...this honest man still get his 6-8% returns every 5 weeks

Will this honest man believes that since he had already taken back his capital of 1k, he has lose nothing?
As all the money accumulated in his account with this scheme is not from his hard earned money but were from the owner of this scheme?
If yes, then no heart break, no 14 floor, no complaint, all happy face for they did lose all 100%, still hv x% left. devil.gif

But
Did the risk disclosure clearly stated that this scheme can forcefully convert the investors USD to TRX coins?
Did the risk disclosure clearly stated it can lock the investor's account from exiting?

This post has been edited by MUM: Feb 2 2023, 08:35 AM
MUM
post Feb 2 2023, 12:41 PM

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QUOTE(BC3232 @ Feb 2 2023, 12:14 PM)
.....
......
.....
MOST IMPORTANT THING IS: THEIR BOOKS ARE AUDITED.Β  Is actual lost.
I really hate people: COMPARE A MONEY GAME WITH GENUINE INVESTMENT.Β 

If compare like this, then I also can compare doing business with going Genting to gamble. Business also got risk, gamble also got risk, same thing?
*
Previously, once in a while, there had been supporters compared risk of money games running off with the money to the the risk of losing money in genting or serbak dinamik shares buying.
Now some are even comparing the occurrence of the current tfx coins slashing of 75% value to the market risk of like buying some unit trust fund (Arkk) or share market (TG).

They liked to compared risk of money games with the "investment risk" of a regulated product

If that comparison makes them happy and pacified their own ego....then no sadness, no 14 floor, no complaint, no need to seek for resolution, no press conference in Michael Chong office, etc etc.

Their money, their justification, their choice.
But hopefully NOW, they don't tell them to the people they recruited and convinced to join that are making complaints, noises or disheartened.
Tell them all these risk before they joined, before each of their new top up, before they recruited in their friends....
Will the uplines willing to tell and emphasised these money game risks hard enough till their downlines had doubts and conservation of this money games before joining, before each top up, before introducing their friends? I guess "NO", as suggesting or highlighting those risks hard enough will impact their commission.
Most probably they will just tell something like in this narrative, ...
"This investment has no profits guaranteed profits, but it has been consistently giving out 6-8% roi every 5 weeks cycle for years, this money games is not regulated in Malaysia, BUT it regulated overseas. This investment has risk, ..just put in money you can afford to lose."

This post has been edited by MUM: Feb 2 2023, 01:17 PM
MUM
post Feb 3 2023, 11:43 AM

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QUOTE(aaa_batteries @ Feb 3 2023, 11:35 AM)
For proper comparison, the list should be JJPTR, MBI and TriumphFX.

πŸ˜‚ πŸ˜‚ πŸ˜‚
*
I think triumphfx cannot be compared to jjptr or mbi.
Triumphfx is lagi worst (or lagi smart entity).
Triumpfx does not have a registered malaysia address or have SSM license while jjptr and mbi has.
No physical official operating address in Malaysia, ....
No place for the authorities to conduct raids or serve legal documents.

This post has been edited by MUM: Feb 3 2023, 11:49 AM
MUM
post Feb 3 2023, 11:57 AM

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QUOTE(keong_boy @ Feb 3 2023, 11:50 AM)
But when withdraw it's through local. I received via duitnow.
*
Any one also can duitnow to you...
That person could hv duit now to you bcos he is paying back some personal iou. Or for some work you do for him.

So what can duitnow transaction alone proved other than someone did transfered you money?

This post has been edited by MUM: Feb 3 2023, 11:58 AM
MUM
post Feb 3 2023, 12:35 PM

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QUOTE(keong_boy @ Feb 3 2023, 12:03 PM)
Hmm, it's from them, as I created a report asking about the refund, and they had the details of the deposit I received(amount and date). The funny thing is, the sender name is a company that doesn't sound anything that could be related to tfxi or any trading company.
*
hmm.gif doesn't sound anything that could be related to tfxi

bcos TRIUMPHFX already mentioned,...
they are NOT involved with YOU. (after your deposit had reached your targeted recipient of your money)
they just facilitate the deposit and withdrawal between TFXI and YOU.

This is what i think and believes should happens
They are sort of like a bank that facilitates the deposit and withdrawal of depositors and the intended receivers of the transacted money.
The bank does not involved YOU anymore once the money had been received by the recipient.
IF the money did not reach the intended recipient, YOU may contact the bank
IF the receiver did not receives the money,...he should contact the payor (the sender of the money)

IF the money that you deposited with TFXI does not reach your FM,...YOU may contact TFXI
once the money had reached your FM,... TFXI will not be involved with YOU for that deposited transaction incident anymore
When IF you did not receives payment, YOU should chase your FM for payment

see attached image to see
What is TFXI NOT involved in
What TFXI involved in
What YOU are involved in

HOW much $$ should be sent out?
Whom to send it?
How should the money be send?
From where the money should come from to pay YOU.....
These info and actions SHOULD be from your FM, the MIB and the respective network of referrals/IBs....

as TFXI already mentioned,...they are not involved in the managing of the investors fund

hmm.gif Do YOU know the full details like full name, addresses of your FM, the MIB and the respective network of referrals/IBs....and most importantly records proving they are the said FM, MIB or IBs that had received your money?
hmm.gif Do YOU actually have records to prove that they did actually received your money into their accounts??

This post has been edited by MUM: Feb 3 2023, 01:20 PM


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MUM
post Feb 3 2023, 02:05 PM

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QUOTE(aaa_batteries @ Feb 3 2023, 01:52 PM)
"... as TFXI already mentioned,...they are not involved in the managing of the investors fund"

This is quite scary le.

TFXI must be at least managing the accounting records, legal documentation, payment system, system platform, etc.
this records keeping ... yes i agree that they should have and I believes they hv it too. To prove as a documented proof that money from each transactions that had gone through TFXI had been documented and are accounted for.
What the Independence and professional FMs do or going to do with the money is not TFXI responsibility. As TFXI is NOT involved in the management and investment of the funds.
Mentioned in that "disclaimer:"
The funds are managed and invested by the independent and professional fund managers


So if one or all of the FM been reporting fake trades and hence fake profits over the years, then TFXI can wash their hands clean and says not their fault.

I hate to give TFXI such a great idea on exit plan πŸ˜‚. Basically push the blames to FM as the scammers and not them.
They mentioned that as per the image. ...sort of an openly declared "Disclaimer"
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This post has been edited by MUM: Feb 3 2023, 03:42 PM
MUM
post Feb 3 2023, 04:20 PM

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QUOTE(BC3232 @ Feb 3 2023, 04:01 PM)
Do you know the risk of receiving money from Tom, Dick, and Harry?Β  Imagine if the sender later found out to be involved in money laundering,Β  Making it worst, you have a few transactions that transfer to accounts that are used for money laundering, then you immediately become a suspect.

BN has the absolute right to freeze all your bank accounts, until the day that you proved that you are not involved in money laundering.
*
Phew, ...oohsss, that is a bad situation to be in, ...
Having money scammed, then kena bank accounts frozen by BNM , unable to get the uplines to helps get proof of the legitimacy of past transactions or become witness of the transactions to help win a case against BNM....
Friends and neighbours recruited previously, now everyday sharpen parang...

Rubbing salts on wounds...
Jumped from 14 floor, got eaten by dogs.

This post has been edited by MUM: Feb 3 2023, 04:21 PM
MUM
post Feb 4 2023, 02:42 PM

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QUOTE(Joe1997 @ Feb 4 2023, 02:02 PM)
Interesting. Was in a social hangout last night and met one of the guy there. We were talking about commodities and he brought up TFXI. First time heard of it and looks like many red flags spotted via this forum discussion.
*
If they tell you that the things mentioned here are biased, plots to bring down tfxi by the competitors, rumours by clowns that don't know about the working of tfxi, etc etc....
Just ask them to surf the triumphfx official FB, or trustpilot or their own telegram group chats to see what their own followers/ supporters that had been loyal for last few years had. NOW been complaining and angry about tfxi since mid DEC 2022...
See how tfxi forcefully replaced their USD with their own created TFX coins, in DEC 2022
See how the value of the TFX coins had and are continued to drop since DEC 2022.. as of now it had dropped by 75%.... that means what the amount of $$ the investors had inside TFXI had been slashed by 75%.
See how some people had their accounts locked from exiting / (selling)

See for yourself, ...not just see in this forums

Yes, they are right if they said, tfxi is not a scam as tfxi still did not runaway with their money, they can still transact in that platform and exit from tfxi.
Tfxi did not need to runaway or close shop.
....tfxi had already got away with their usd that they had earlier. What the existing investors had NOW are just the coins to trade among themselves or new buyers. The seller get paid by the buyer.
Tfxi is not involved in these selling and buying.
Tfxi does not care if the tfx coin price were to go up or down.
The coins price are determined by the sellers and buyers themselves.
At present tfxi had already kept the real fiat usd, while the investors are holding those coins.
Tfxi will continue to create 1 billion usd equavalence of coins every month as payment for the investors 10 billions AUM.

I believes,
Tfxi will not die, only the existing investors will die amid slowly.......tfx value getting lower and lower.

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