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Go Back   Talkgold HYIP, Investment & Money Forum > Caution : Risky High Yield Investing Programs > General Program Talk

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Re: Newbie has questions
  #11  
Old 09-21-2011, 10:23 AM
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Avalanche Avalanche is offline
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Default Re: Newbie has questions

No problem, ecobra!
Yep, i used to fall in greed trap also. So do a lot of others. You know people in general are pretty lazy and don't want to work so they are looking for magic pill. But if there is a demand, there for sure will be an offer. HYIPs work pretty much on human's psychology - people's greed, people's desire to get rich fast and ideally do nothing after it all their entire life.
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Re: Newbie has questions
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Old 09-22-2011, 06:11 AM
ecobra ecobra is offline
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Default Re: Newbie has questions

How are you guys doing? So far extrafxincomes has been paying me. Still waiting on expiry on richesbank, primfix and after60.

I was wondering if anyone had any experince with reprofinance compounding? If I take 100.00 and put it on 100% compounding I should have around 417.00 in 90 days.

Has anyone tried this?

Are they selective scammers? I have heard to only gamble/invest small amounts because no hyip payout bigger sums? Is that true with lower risk HYIP?

Also I have observed that one should put more weight into what the newbie poster has to say rather than admins. ie. If an admin with 45,000 post says a program is paying i usually don't even pay attention because the programs are paying them to promote their site. But if Joe Shmo with only 30 posts says their paying I take that more seriously. Is that a good train of thought?

I appreciate your help guys.

Take care.
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Re: Newbie has questions
  #13  
Old 09-22-2011, 10:04 AM
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Avalanche Avalanche is offline
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Default Re: Newbie has questions

I didn't have experience with compounding at reprofinance, but i did have experience with other projects. I used the same approach few years ago with genius funds ( it was very stable hyip at that time), i put all my money i had in that project on reinvesting (compounding rate of 100%) , it was nice to see profit for a month or two, but eventually it scammed and i lost my principal plus profit.

The lesson i have learned from this, that you should not consider any hyip as stable source of passive income. Despite how good it is and how big lifetime it has, it can turn to scam anytime and very fastly.

So here is another example with gorgonprojectinvest. I did not use any compounding at the start, but when i was already in profit, basically i was already risking nothing, i reinvested a bit, but not over amount of profit. So now this project seem more like a scam, but anyway i ended in profit. It won't be the same if i used the same approach that with geniusfunds.

About posts - you should be looking for programs where not only monitors confirm, that program is paying, but also other regular investors, because often enough hyip can pay only to monitors to attract new investors, but indeed it is already scam.
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