I've Got the Fever -- HYIPFever
OK, I'll admit it. I've done the unthinkable. I've "invested" in a Ponzi HYIP (High Yield Investment Plan) thing.
Well actually, it's not the first time I've put money into a Ponzi scheme. I once bought into a 'randomizer' too. If you're not familiar, basically it's a sort of 'free form' pyramid scheme. For example, you pay $3 to join. $1 goes to the person you joined under. Another $1 goes to 'Admin' (whoever's running the thing), and the final $1 goes to a member chosen at random.
I joined. I paid in extra money to buy more 'weight' (extra shares that increase your chances of getting a random payment), I promoted -- I didn't lie, but I encouraged as much unbridled optimism as possible. And before it collapsed (as all Ponzi shemes must eventually do), I made money. Thank you optimists.
But I'm not particularly keen on Ponzi schemes. I joined that randomizer to try to prove a point, more than anything. And because I believe in Sun Tsu's advice -- know your enemy, know yourself. And also whoever came up with 'Don't knock it till you've tried it.' I tried it. And I made money doing it. But I didn't like it. Because I knew that any money I made came from people who were [em]also[/em] hoping to make money, but didn't.
I'm more of a 'win-win' kinda guy.
But I've recently ventured once again into the somewhat sleazy world of Ponzi schemes. This time by putting money into a program called HYIPFever. Why this one, out of so many to choose from? Two reasons.
First, this program is honest and transparent about how it works. Yes, it's a Ponzi. Yes, you may very well lose some or all of the money you put in. Others will make money, and the money they will make will be your money.
And second, the program appears to be sustainable. It's set up from the start as a game that ends when the amount of money withdrawn equals 80% of the money put in. When that happens, the whole thing resets and the 'game' starts over again. That 80% is the key. While the program offers some individual 'players' or 'investors' or whatever the chance to take out 150% of what they put in, overall, the program will only pay out 83% of the money it takes in.
Will it work? I dunno. Will I make a profit, or lose part or all of the money I put in. I dunno. But whatever happens, I'll tell you about it here. Then you can make up your own minds.
Well actually, it's not the first time I've put money into a Ponzi scheme. I once bought into a 'randomizer' too. If you're not familiar, basically it's a sort of 'free form' pyramid scheme. For example, you pay $3 to join. $1 goes to the person you joined under. Another $1 goes to 'Admin' (whoever's running the thing), and the final $1 goes to a member chosen at random.
I joined. I paid in extra money to buy more 'weight' (extra shares that increase your chances of getting a random payment), I promoted -- I didn't lie, but I encouraged as much unbridled optimism as possible. And before it collapsed (as all Ponzi shemes must eventually do), I made money. Thank you optimists.
But I'm not particularly keen on Ponzi schemes. I joined that randomizer to try to prove a point, more than anything. And because I believe in Sun Tsu's advice -- know your enemy, know yourself. And also whoever came up with 'Don't knock it till you've tried it.' I tried it. And I made money doing it. But I didn't like it. Because I knew that any money I made came from people who were [em]also[/em] hoping to make money, but didn't.
I'm more of a 'win-win' kinda guy.
But I've recently ventured once again into the somewhat sleazy world of Ponzi schemes. This time by putting money into a program called HYIPFever. Why this one, out of so many to choose from? Two reasons.
First, this program is honest and transparent about how it works. Yes, it's a Ponzi. Yes, you may very well lose some or all of the money you put in. Others will make money, and the money they will make will be your money.
And second, the program appears to be sustainable. It's set up from the start as a game that ends when the amount of money withdrawn equals 80% of the money put in. When that happens, the whole thing resets and the 'game' starts over again. That 80% is the key. While the program offers some individual 'players' or 'investors' or whatever the chance to take out 150% of what they put in, overall, the program will only pay out 83% of the money it takes in.
Will it work? I dunno. Will I make a profit, or lose part or all of the money I put in. I dunno. But whatever happens, I'll tell you about it here. Then you can make up your own minds.
<< Home