I started at a small amount on trading long time ago I was buying at low price and selling bitcoin at high price can that be called as trading ? I heard about HYIP but i don't think HYIP is legit I heard alot of negative about HYIP that they're just good at start and then they will disappear after a long run. but still im doing that buying at low and then selling it on high.
HYIP can be seen quite often around, and people getting trapped into it usually circulate negative statements around. Trading is a simple process, here the user needs the mentality to experiment, the amount is just a base. One get profited depending on the capital investment.
HYIP is something that you think and feels that is too good to be true. Most of these scam sites and scammers will tell you that you can yield a very big amount of gains with even little investment in just a short period of time. Come to think of it, where in the world do they get the money or invested that turn your little capital to high yield earnings? It is not making sense at all because if with that little amount they can make it big, they might just as well going to do it and not offer it to other people.
Yes that is so much true. I haven’t seen such a beautiful post that is based on bitter truth.
It is a matter of common sense that why you are going to believe those scammers if you already know they are not making it for you. Like you said here, if they can make small amounts to the big ones, then why are they offering you ?
They must have changed theirs and become rich.
Thank you sana54210 for the appreciation of my posts
I have not received such a compliment for quite long now and it makes me even more driven to comment with substance here in the bitcointalk community and not just be like anyone else who are just so concerned with their post counts
Haha, you are really one of members have many qualify post and your words are also extremely persuasive, useful. I have see and read many post from you, it helped me can understand more knowledge about Bitcoin and economy.
And about HYIP, like your said HYIP just want to scam our money and especially, in present, this field has changed to new form, you can see we do not have much website or spammer, ref post about HYIP in this forum recently. I have see there are many scammer transfer to ICO, cryptocurrency (pump group - a Ponzi form), airdrop ... So, be careful when join in these fields, there are many scammers and always ready scam us.