Those people doesn't invest any money which is paid from members. They're just sitter there, using others funds to fund the earlier people when they feel the funds aren't coming as expected they run away.
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I get this a lot, they claim to trade forex or invest in crypto trading, some even claim to invest in real estate. At the end of the day, it was all a scam.What is quite funny is that HYIPs claim that they invest money in cryptocurrency mining, stock markets, and forex trades. I once contacted an HYIP and they said that they generate money through such trades and mining. It was a big lie. They soon became scammers and ran away with all the money of people. They were professional scammers who even created a Youtube channel to deceive people.
Most especially now that crypto currencies are helping people make money, some hyips site adminstrators lie to their members that they invest the money in Crypto Currencies.Some claim to invest the money in some sectors a lot of them don't what they do is to form a cycle and pay people with other payments coming in until they can't sustain the cycle.
I get this a lot, they claim to trade forex or invest in crypto trading, some even claim to invest in real estate. At the end of the day, it was all a scam.
Lol. If they traded crypto with people's funds, then a lot of them will lose a lot of money as well. I think what amuses me is their claims that they are insured.Most especially now that crcryptocurrenciesre helping people make money, some hyHYIPsite adadministratorsie to their members that they invest the money in Crypto Currencies.
They do this to appear professional to unsuspecting persons and I must say that it is really working out for them since not everyone is aware of their strategies.Lol. If they traded crypto with people's funds, then a lot of them will lose a lot of money as well. I think what amuses me is their claims that they are insured.
Some of them that I know usually lie to their members that they invest in forex trading and also crypto currency trading but it's all scam. They Rob Peter to pay Paul and then run away with the rest o the money after getting high investors.
I agree, I also think people may be due to greed or whatever hold on to a glimmer of hope that some of these platforms don't turn out to be a scam.They do this to appear professional to unsuspecting persons and I must say that it is really working out for them since not everyone is aware of their strategies.
There are friends who tell me that they already know these sites would later turn to scams, but they want to get their own share before that time comes. It's funny.I agree, I also think people may be due to greed or whatever hold on to a glimmer of hope that some of these platforms don't turn out to be a scam.
Lol. Exactly what I'm talking about, people think they can quickly make money before the site reveals its true colours. Most of them still later end up getting scammed.Some friends tell me that they already know these sites would later turn to scams, but they want to get their share before that time comes. It's funny.
That's it. I don't know why people won't learn reliable ways of earninng Money, but would rather think about gambling as being a better option.Lol. Exactly what I'm talking about, people think they can quickly make money before the site reveals its true colours. Most of them still later end up getting scammed.