If you examine the situation carefully, you'd find it quite comic . It is some sort of domino effect taking place behind closed doors.
Imagine a lot of investors with money in the beginning of December, all running to the likes of 12DP and Alien, then after they were ripped off, they went out to other autosurfs that don't use SP such as SWOT, 18dailypro, etc as they thought that they are still more secure than HYIPs.
And then they were ripped off (fewer investors remaining on their feet), they ran into some quick cash HYIPs, which come and go in days, and then when they were ripped off they thought of doubling their money with sites that take longer (up to a month) as they heard they were 'paying HYIPs' including ACSfin, Tinger, GR and others, and then when they were ripped off they ran out and went into longer-term programs such as Vasco, SolidI, ZoomI, PrivateOpps...
I can't but imagine the consequences if those also get bankrupt and fade away. We say, naaah that ain't possible now. But when you look at the picture, they are the ones that are gaining the most now, and who knows, the domino effect could continue...
But if even those run away with funds, then all remaining investors (whoever remains with money on him/her) may diversify between very low paying programs such as MDWP, NS-FG, CGFIN, etc. and may also learn how to do forex trading with marketiva or managed forex.
That's a very interesting senario don't you think? ultimately there was one main factor -in my opinion- that caused such loss : greed
TheMobileHookup
Feb 24 2006, 06:35 AM
I wish I knew what those abbreviations meant
investor_me
Feb 24 2006, 06:59 AM
QUOTE(TheMobileHookup @ Feb 24 2006, 06:35 AM) [snapback]1336373[/snapback]
sheeeew... that was a lot of work! I need to go rest.
Perhaps a proposal for an index for MMG of all those abbreviations is a good idea, don't you think
This could be a serious proposal as it will help newbies!!
TheMobileHookup
Feb 24 2006, 07:01 AM
Unfortunately those abbreviations could stand for anything.
investor_me
Feb 24 2006, 01:22 PM
QUOTE(TheMobileHookup @ Feb 24 2006, 07:01 AM) [snapback]1336726[/snapback]
Unfortunately those abbreviations could stand for anything.
I agree with you. In fact even the companies are mostly too risky for pro investors in any case. Perhaps the only secure investments are the ones not online!
TheMobileHookup
Feb 24 2006, 02:23 PM
QUOTE(investor_me @ Feb 24 2006, 04:22 PM) [snapback]1341026[/snapback]
I agree with you. In fact even the companies are mostly too risky for pro investors in any case. Perhaps the only secure investments are the ones not online!
Secure...yes. Get rich quick? Not really...
megaplex
Feb 24 2006, 06:39 PM
QUOTE(investor_me @ Feb 24 2006, 10:34 PM) [snapback]1336345[/snapback]
If you examine the situation carefully, you'd find it quite comic . It is some sort of domino effect taking place behind closed doors.
Imagine a lot of investors with money in the beginning of December, all running to the likes of 12DP and Alien, then after they were ripped off, they went out to other autosurfs that don't use SP such as SWOT, 18dailypro, etc as they thought that they are still more secure than HYIPs.
And then they were ripped off (fewer investors remaining on their feet), they ran into some quick cash HYIPs, which come and go in days, and then when they were ripped off they thought of doubling their money with sites that take longer (up to a month) as they heard they were 'paying HYIPs' including ACSfin, Tinger, GR and others, and then when they were ripped off they ran out and went into longer-term programs such as Vasco, SolidI, ZoomI, PrivateOpps...
I can't but imagine the consequences if those also get bankrupt and fade away. We say, naaah that ain't possible now. But when you look at the picture, they are the ones that are gaining the most now, and who knows, the domino effect could continue...
But if even those run away with funds, then all remaining investors (whoever remains with money on him/her) may diversify between very low paying programs such as MDWP, NS-FG, CGFIN, etc. and may also learn how to do forex trading with marketiva or managed forex.
That's a very interesting senario don't you think? ultimately there was one main factor -in my opinion- that caused such loss : greed
Greed is what drives it, what makes it crash, is criminaly incompetant Management and Admins.
to_rich_and_famous
Feb 24 2006, 07:05 PM
QUOTE(investor_me @ Feb 24 2006, 06:34 AM) [snapback]1336345[/snapback]
If you examine ..........
That's a very interesting senario don't you think? ultimately there was one main factor -in my opinion- that caused such loss : greed
maybe you right. But sometime we need to be alittle greed. Without a greed, we can miss a lot of good opportunity
gonsaigon
Feb 24 2006, 08:30 PM
QUOTE(to_rich_and_famous @ Feb 25 2006, 01:05 PM) [snapback]1343496[/snapback]
maybe you right. But sometime we need to be alittle greed. Without a greed, we can miss a lot of good opportunity
I can hink of a few oportunities, that I wish I had missed lately.
Pete
dswide
Feb 24 2006, 08:47 PM
QUOTE(gonsaigon @ Feb 24 2006, 11:30 PM) [snapback]1344139[/snapback]
I can hink of a few oportunities, that I wish I had missed lately. Pete
I don't think your alone.
investor_me
Feb 25 2006, 07:35 AM
QUOTE(dswide @ Feb 24 2006, 08:47 PM) [snapback]1344280[/snapback]
I don't think your alone.
I was told 18dailypro was an opportunity and so was Alientrust, but I missed them both, and I'm not sorry
minks
Feb 25 2006, 07:44 AM
in the end, people who make $$$ the most will be the scammers & the referers
alexeow
Feb 25 2006, 08:09 AM
QUOTE(investor_me @ Feb 24 2006, 10:59 PM) [snapback]1336688[/snapback]
np.
oops, that was supposed to be (no problem ) 12DP: 12DailyPro Alien: Alientrust SP: StormPay SWOT: Swot-Surf Tinger: TingerInvest GR: Golden Rocks Vasco: Vasco Investment SolidI: Solid Investment ZoomI: Zoom Invest MDWP: (misspelled sorry , it's MPDW): Market Professionals Deliver Weekly NS-FG: Northsea Forex Group CGFIN: CG Finantial Limited
sheeeew... that was a lot of work! I need to go rest.
Perhaps a proposal for an index for MMG of all those abbreviations is a good idea, don't you think
This could be a serious proposal as it will help newbies!!
Newbies should learn their way up to get to know these abbreviations. Seriously I also don't know some of these abbreviations. This is not because I'm newbie. This is due to I'm not into some of these programs and wouldn't take much care of their discussions.
cgreen
Feb 25 2006, 11:02 AM
QUOTE(minks @ Feb 25 2006, 10:44 AM) [snapback]1349265[/snapback]
in the end, people who make $$$ the most will be the scammers & the referers
That's if they pay even the referrers. I've seen some scam recently that only pay a few real investors small amounts and the rest goes to rating sites to keep them at paid status. Sad. Be very careful out there people. Do your research before the $$$ signs make you do something foolish.
jc133
Feb 25 2006, 11:51 PM
Some red flags to watch out for:
- gradually extending payout periods - increasing "scheduled" server maintenance - admin silence for more than 3 days in a row - - -
You guys can add on to this.
rocklee
Feb 26 2006, 03:29 AM
QUOTE(jc133 @ Feb 26 2006, 03:51 PM) [snapback]1356185[/snapback]
Some red flags to watch out for:
- gradually extending payout periods - increasing "scheduled" server maintenance - admin silence for more than 3 days in a row - - -
You guys can add on to this.
- adding of new plans?
Like Forexin???
gonsaigon
Feb 27 2006, 06:33 AM
QUOTE(jc133 @ Feb 26 2006, 05:51 PM) [snapback]1356185[/snapback]
Some red flags to watch out for:
- gradually extending payout periods - increasing "scheduled" server maintenance - admin silence for more than 3 days in a row - - -
You guys can add on to this.
You've mainly covered it, with practice, you can smell out most of them, before, you have to go through these steps. If you are in a good one, take your profit and leave before it turns bad.
Don't ever go back, don't even look back.
Pete
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