That is what I prefer nowadays too. After hyips scammed me, I vowed to never use my time or money on something that I don't have control over. It is so much better to invest in stocks, forex or crypto as you can learn skills and strategies to succeed in them.
That is right. Those who lose to hyips are more than those who earn from them. After being scammed severally by them, I vowed too to never invest in them. Nowadays, I go for safe investments and prefer giving my service to earn.
Individuals view HYIPs to be among the worst investments since they are frequently frauds that guarantee large profits with little to no risk. These frauds use a Ponzi scheme, which pays investors large returns using funds obtained from new investors.
Even though these forms of Investments are considered high risk and have the potential to make one lose his entire capital in fews days, it can be very rewarding and the profits are exponential too.
You are right, if you know how to navigate your way around the financial markets, you could bag out huge returns.
Yes this is very true. I so much agree with this your statement because I have practical examples of people who have been seriously into this but fail to pay the sacrifice of sitting and learning the concepts properly. They pay dearly always.
I truly agree with you Knowledge is very fundamental.
I was there too, infact my first experience in trading is on a live account and I literally blew the account in less than week of Trading. Sometimes I laugh at my level of ignorance back then .
It's really funny how we grow with time and experience, sometimes we laugh at the memories of what made us cry and cry at the memories of what was a happy moments.
Yes definitely, the important thing is to learn from our past errors and improve our successes so that we ultimately grow from our experience in all aspects of life
