10 Ways How To Lose Money Playing HYIPS
1) Believing the BS the Program Manager says about what they actually do and that they are in for the long term.
The truth is that they are all ponzis or invest in other ponzis. Let's face it, if I knew a real investment that doubled every week, why would I bother with all the hassles of running a program. If I really wanted to spread the wealth I'd just tell everybody what the real investment was.
The life expectancy ranges from a few days to a week on the double your money or better programs to a year or so on the 1% a day programs.
2) Waiting a month until the program has a track record.
Yup! And she'll shut down about 5 minutes after your spend.
3) Believing in the program. Or worse, turning it into a religion.
And they'll love you and leave you. Even if the Program Manager is somewhat 'honest' the pyramid will collapse or the Feds will pay a visit
4) Putting it all in one program.
Hell, I wouldn't even do that with blue chip stocks.
5) Betting money you can't afford to lose, or betting the farm.
People still do it! Some people actually put $50K or more in Omega Trust. What the hell were they thinking!!!
6) Pouring good money after bad.
Its amazing how people do that. They're being set up for one hell of a cleaning and reaming.
7) Putting money into a program who's payment cycle is increasing or percentage payout is decreasing.
Guys, the pyramid is crumbling and its time to bail.
8) Putting money into a program that is about to close. Or a part of the program is closing. Or they're offering a special deal, like a free unit for every 10.
Yup! Lets do one last rake in of the suckers.
9) Rolling over all the profits
Paper profits can burn to ashes pretty damn fast. It isn't real until you cash the check from the e-gold exchanger.
10) Letting greed get the better of you
As they say on Wall Street. Bulls make money, Bears make money, but Pigs get slaughtered...
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