MegaLido, Daily Profit Pond and other AutoSurf Promoters - PLEASE READ
By Edward
@trinale (1479)
United States
November 12, 2008 11:09pm CST
Excerpt from my latest "Quest for Money" blog post:
Definition of Ponzi and Pyramid Schemes
Just a over a week ago I made a post about my first ever participation in a high-yield investment programs (HYIP) fully aware they are nothing more than thinly disguised ponzi schemes. I knew this going in and actually to earn something initially from Daily Profit Pond because it is new, but I honestly don't hold high expectations for Megalido because it has been around for several months already.
Since that time, I've seen many discussions over at myLot from people getting paid, not getting paid and promoting HYIPs like Megalido and Daily Profit Pond as a means of making money. It's the HYIP promotion discussions that make me feel uncomfortable because of the marketing newbies who aren't familiar with ponzi and pyramid schemes or are aware of them but don't fully understand the difference between the two.
If interested, continue reading here:
http://trinale.com/definition-of-ponzi-and-pyramid-schemes
Cheers,
Stan
2 responses
@anusman132 (1)
• Saudi Arabia
26 Nov 08
Intersting article my friend. I tried this site and it seems to be amazing: cbtopsites.com/a/hhm878
thanks.
@maria_k (925)
• United States
13 Nov 08
It's a game of course and you have to play it smart. As long as there are money go in it you are ok. But players should alwys on the alert. never invest more than you can afford. Always take your initial money out and invest on the earning only.
