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☑️NEW [GLOSSARY DEFINITION] Paying / Legit / Illegitimate / Legal / Illegal

NeoBeum

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Paying does not equal Legit
Legit does not equal Paying
Paying could mean the Investment have acquired the Funds Illegitimately or Illegally
Paying could mean the Investment have acquired the Funds Legitimately or legally
Illegal means it has broken the law
Legal means it abides with the law
You can't have a legit business suddenly turn scam, they were scam to begin with
You can have a scam company pay
You can have a legit company pay
A scam is never legit in any point in time


PAYING != LEGIT
PAYING !== LEGIT
PAYING DOES NOT EQUAL LEGIT
PAYING IS NOT THE SAME AS LEGIT


The more people understand the difference, the less they will be scammed

To paraphrase: "Never invest more than what you can afford to lose"
Is like saying: "Don't invest much, this is a scam"
You've already assumed you will lose money in both statements.


Definition: Scam
https://www.beermoneyforum.com/threads/guide-scam-definition-types-methods.7558/
Definition: Securities Fraud
Securities fraud, also known as stock fraud and investment fraud, is a deceptive practice in the stock or commodities markets that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of securities laws.

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