ON e-MONEY TRAIL: PONZI schemes

Thursday, July 12, 2012

HYIP - An Investment or a Gamble?

"HYIPs are scams, and Ponzi schemes" is usually the first reaction of most neutrals and skeptics when posed this question. In over 90% of the times they are right. Most long lasting and seemingly stable HYIPs eventually go bust. The cyberspace is indeed replete with many 'good' HYIPs that have eventually turned sour. However, some of these HYIPs ran long enough for some of the investors to recoup their initial investment. Unfortunately many will also lose the money they invested in HYIP when the inevitable happen.

Now the answer to the question: "Is HYIP is an investment or a gamble?" depends largely on the psychology, motive, and strategy of the individual HYIP investors. Bearing in mind that all HYIP will eventually scam (or so I believe), the onus lies on the HYIP investors to align his/her entry and exit strategy with this inevitability. So in essence, while most HYIPs will eventually go bad, your approach, manner and investments strategy will determine if you will profit or lose, and by how much.

Armed with this and other information, and of course some funds I can afford to lose, I have formulated a plan to make my HYIP adventure a profitable one. In the next blog, I will be sharing some of these strategies with you.

Related Topic
Learn winning strategies of HYIP
Learn how to invest in HYIPS
Learn how to spot a good HYIP
How to secure your HYIP earnings
Why do HYIPs Scam?
HYIP Monitors Review?

Tuesday, July 10, 2012

On e-Money Trail is back, and better…

It is refreshing to be back online to continue sharing my experience of my adventure in the elusive or exclusive world of online money making. Those I have disappointed with my unceremonious break, I tender my unreserved apologies. Indeed maintaining a blog is a no mean task I must confess.

Nevertheless, while I was away, I did not relent one bit in my quest for online money. During that time I lost a few money online myself in my (un)holy grail quest, when I ventured into the flip-flop world of FX Trading. The tales of that escapade is a story for another day.

However Aluta Continua… Victoria Ascerta, as they say. This saga continues…

My quest for online money has now led me to a minefield, yes you heard it right - minefield, not a goldmine. Anyway, I believe if I can navigate this minefield successfully, I might just hit a goldmine. The operative word here is ‘might’, as I could very well get blown into bits and pieces – not literarily though.

My quest has taken me to the dangerous ground of HYIPs – High Yield Investment Programs. Before you warn me off “SCAM”, and “PONZI schemes”, be very much aware that I know the risk, the challenges and potential, and I am already knee dip into it. I have already signed up in a couple of HYIP viz: InvestForia, Silver Structure, and Safe Risk. Wish me luck as I try to gulp from the flowing water of HYIPs – High Yield Investment Program.

As this blog is a social experiment, and personal experience blog, I shall continue to throw myself in the line (of fire) to unravel the secrets of online money making.

Fasten your seat belt, and enjoy the ride, as the next few blogs will dwell on my adventure into the elusive world of electronic and online money. Let's go there...