Hi Everyone,
I mentioned to a few people that I would do an update in here for you all. Apologies for the length of this but there is a lot that needs to be said.
As some of you know, I am far from happy about the changes that have happened to EDinar since I became associated with the business back in December last year.
Obviously, some other team members and team leaders share this opinion but at the same time we are VERY hopeful that the changes that the company have made will be for the long term good of the value of the coin and the strength of the company in the world of Cryptocurrency. Only time will tell with that and in the mean time I have enormous empathy for those of you who have a large number of coins that you no longer feel happy to have as I can assure you that I am in the same situation.
With any company we never know what is around the corner but none of the leaders or members could have anticipated the changes that we have seen with this company or the effect that it has had on the value of the coin. Although the internal value of the EDinar coin has remained at $1 (and I believe that EDinar themselves are still selling at that today) as we are all aware, the external value has fluctuated enormously and is currently, much lower than any of us will have paid for our coins.
When I first joined we were buying and selling the coins internally to the team at between 85 and 69p and the price remained as high as that in the early weeks. All members were made aware that there were 3 methods of purchasing coins;
1.) Through EDinar the company, at $1
2.) Through your upline at a current, fair rate which was set according to what the leaders had purchased for per coin.
3.) Through the external exchange at the daily rate which was never, in the early weeks, anywhere near what it is now.
Lots of team members opted for the convenience of purchasing from their uplines as the coins were in their accounts within minutes of Payment and those who used the external exchanges will verify that it was often a complicated, stressful and time consuming process with the risk of your coins 'going missing' therefore lots of team members were happy to pay a little more by purchasing from their upline. This includes myself..... I NEVER purchased from the external exchange as I didn't trust it. I was ALWAYS happy to pay extra and purchased through my upline.
As I had so much faith in EDinar I personally invested thousands of my own money into coins. This was for 3 reasons
1.) I wanted to have some coins in my account as an investment for the future
2.) I wanted enough coins in my account so that they grew by approx 450 coins per week which i could then sell and make a weekly income
3.) As so many team members preferred to buy from uplines instead of the external exchange, I needed a large stock of coins ready to sell to team members
UNFORTUNATELY for me, I had just re-stocked my account with thousands of coins for the purpose of selling on to team members when the mining changes hit us. This has left me with an amount of coins which I 'assumed' I would be selling on within the following weeks and now, obviously, this has not happened. I'm obviously not expecting any sympathy for this. This was my own risk which I was prepared to take as any company can change/close overnight. I'm a full time network marketer and if I don't take certain, calculated risks then I will never fulfil my dreams and aspirations that I have for my family.
This does mean though that I have an amount of coins which I'm prepared to sell AT A LOSS, as are some of you, in order to recoup my money and reinvest in other things.
If anyone is interested in still having or increasing their amount of EDinar coins at a VERY low rate then please inbox me.
For me, personally, I've had my fingers burnt a little now with any business that does not involve hard products where there's no reason why their value will change overnight. If our EDinar coins were stocks of product then some of us would not have the concerns that we now have.
As this is my full time career, I have NO CHOICE but to put 100% of my efforts into what will provide an income for my family and obviously, at the minute, it's not EDinar.
🌟Many of you will know that I am always involved with a small number of businesses. I have to operate more than one as I need to know that if one income stream slows down or stops then I have others that I can turn to.
I have decided for a while to focus on my 'product based' businesses, particularly as myself and a team of experienced networkers are currently launching a new global product company within the UK and beyond as we are well aware of the effectiveness of this product and the huge power and opportunity that comes with being amongst the UK and global founder members.
Last week, we signed the leader of the Irish team, today we are hoping to secure Scotland but we are looking for leaders in other parts of the UK (particularly Wales and Northern Ireland) and the rest of Europe and beyond.
If you reside in any of the above and would be interested in launching a CLINICALLY PROVEN weightloss product in your country and possibly taking the lead for that country, or you would like to be amongst the first UK/global members with the best chances of life changing earnings then please inbox me privately as I would like to keep this page (which I created) for EDinar enquiries at the minute, although when I set the company up, it was with the aim of sharing opportunities from all over the industry.🌟
I'm aware that some of you wish to sell your coins......as far as I'm aware, the only place you can sell your coins is either on the external exchange (where you very likely won't get anywhere near the value that you paid) or internally to the the rest of the team or new members.
There are still reasons to share this business with others. This is the perfect time to invest in a small number of coins. The new mining process is working (95% of the time) and people are still growing their coins. This situation that we are all experiencing is EXACTLY THE SAME AS THE EARLY BITCOIN investors experienced and they are now MILLIONAIRES! We have that chance too and that is why I will not be selling all of my coins. I'm planning on keeping a balance of at least 2000 with the hopes that long term they will be the good investment that we all believed in when we joined. If anyone is interested in increasing their coin balance while the price is incredibly low then please inbox me or comment below
If the changes to this company are affecting you negatively then I empathise as I am in the same situation.
The intention of this investment was always as a long term thing and hopefully it will still pay off as such
I appreciate that the method of mining has changed and that a lot of people are not happy about that or due to need to mine on a laptop, for some of you daily mining is not currently possible.
I am very disappointed about the changes but unfortunately there is nothing that I can do about them 😞
If any of you are experiencing difficultly with the daily mining then please comment below and hopefully xxxxxx will be able to help as this is an area where I have little knowledge
Many of you by now will know that I try my best to be publicly very honest and open about network marketing companies through the live videos and posts on my personal Facebook page. This openness does not sit well with other industry leaders for reasons that I suspect but would rather not divulge.
My honest opinion about EDinar is this
I'm very disappointed about the changes to the mining process
I'm not actively team building at the minute as I cannot afford to spend time working a business that is no longer paying what I need
😡I am VERY disappointed with the lack of updates and support with these changes from other UK leaders😡 the support was flowing and in abundance over the weeks that it took to persuade me to run with this business as I'm VERY wary of what I promote to my network, yet this support has now pretty much dried up and I feel that it is fair for me to
Highlight this in here as it's the disappointing truth!
🌟🌟🌟HOWEVER, I remain very hopeful that EDinar will rise again and all of our investments will be rewarded 🌟🌟🌟
Please use this chat to discuss any current problems that you are currently having