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RE: Here Is The Number One Reason Why You Should Avoid Investing In HYIPs!

in #bitcoin7 years ago

Some people have the tendency of referring people before they test it themselves and see its reliability. That's irresponsibility indeed. I once did that some time back and learnt from my mistake. I even invited people who respected me only to find out that it was a ponzi scheme and not profitable as we thought

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@patrickpeace yeah unfortunately a lot of people (myself included in the past) have done this and ended up regretting it. Sometimes we just need to take a step back and evaluate the opportunity first even if we do not make as much money because we waited to do our due diligence first.

Yeah you are right. I guess if you think its worth inviting them at first, make it clear to them that its a risk because you have not yet tested and tried it. That way they will not join blindfolded. You know...some people I lost their confidence in me due to those things. Even now they hesitate to invest in real opportunities that I present to them...they take long before they give in

@patrickpeace yeah that is unfortunate as some of these scams/programs go to great depths to pass off as something legitimate when in fact it was what it really was to begin with.

However, I have had people that followed me into something and vice-versa. but is the chance that we all take with these programs. Not a fun experience and nothing that I wish to repeat.

Yeah. Well said indeed

@patrickpeace thank you for your feedback.

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