HYIPs Exploding

Tuesday
Apr 20, 2010

The HYIP programs continue to explode. That should not be a surprise. Ninety-nine percent (99%) of HYIPs are Ponzi scams.

In my quest to move away from HYIPs, I continue to be surprised. Why? Because, after so many scams, if I offer a person who has been in HYIPs and has been scammed many times before a legitimate company, they will not even look at the offer. My suspicion that the anti-scam trolls on the public HYIPs forums were and are wasting their time is just reinforced time and time again as I moved from HYIPs to legitimate companies.

I suspect that the allure of 40% and more a month is just too tempting, and what these people do is not investing but gambling.

Many of these people really don’t think. Would you rather have your principal investment and a modest percentage a month (or no gains or even a loss), as you would get from Oceanside Network, or see your principal disappear into a black hole?

~ Free Your Life, Live Your Dreams ~

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