PONZI SCHEMES AND HIGH YIELD INVESTMENT PROGRAMs (HYIPs) - WHAT YOU NEeD To Know. (Part 1)
Its no more news that ponzi schemes and HYIP are the trending business talks. Nigerians are facing economic crises which has brought about the introduction of this schemes.
The question now, are this schemes Messiah or Destroyer ?
I wouldn't conclude if this schemes are either Messiah or Destroyer, for the past 11months , the so called MMM-Nigeria has helped some participants and some days back it has cause damages to homes, individuals because of the recent Freezing of Mavros (Withdrawal Bonus), in which many are thinking the program has crashed, but by January 14th & 15th 2017 Nigerians will know what next (Crash or Not).
This piece is not solely on MMM but on HYIPs in general, let me quickly explain what HYIP is.
High yield investment program (HYIP) is a program in which you invest little and get a massive ROI (Return On Investment) within a short period, there are many HYIP such as, Icharity, HelpingRevolution, Crowdrising, Paradise payment Nigeria, Zarfund, to mention but few.
Life is all about taking risk, few Nigerians are not known for risk taking but ever since the economic melt down , millions of Nigerians have embrace all this programmes just to sustain in this period, What a Life!!
Are this programme real?
Yes they are...
Are they paying for real?
Yes, but not all..
Have they come to stay ?
Yes they have...
For how long??
Unknown...
This is where the problems comes in, we invest in HYIP without checking their stats (How long have they been in existence, when will the website/domain expire, and more info) , Of recent, Helping Revolution (www.helpingrevolution.com) came with a 50% ROI (Return On Investment) and many rush into it, but unfortunately it crashed after a month, the likes of Icharity, Zarfund are still up and running but no one knows when it will cease to exist.
It is said only the risk takers become successful, if you are not willing to take risk you are not willing to be successful, but only a Calculated Risk could determine your success rate. A blind risk would bring about liquidation.
More to unveil soon...
Anticipate Part 2..
For more: Stick to this site!!!
BMTboY...
#Teambmtnation
#Netprenuer
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