Passive Income Scams
- Thread starter Golden9
- Start date
We must be able to distinguish between HYIPs and ponzi schemes, they always promise big and multiple profits, so it's not fair, and it's impossible for even a professional to do it. So the best way is that you don't need to join HYIP sites.
There are many scammers one they want to make money they know that more and more people want to make money online they are becoming more and more smart so you need to be extra careful before agreeing on anything you need to do good reasearch to avoid being scammed
It is a very bad that the Ponzi scheme are springing up in large numbers online on a daily basis.
the reason is because there are a lot of gullible people online. They are always very much ready to invest in those kind of scams.
Definitely, they always target people who are not experienced when it comes to making money online. That is why it is important to avoid investment platforms.
The people with rookie experience are mostly scammed online and that is their major target.
Yeah, scam platforms always target those that are desperate to make money online. they know that such people will always be convinced by their stories.
It is true that are scams would target the rookie experience in online investment and they have to be very careful.
Newbies actually do not know how the online space works. So many of them are naive and they cannot be able to detect scam platforms easily. That is why they are always targeted.
Reading reviews can be of help, but take note, though, that not all reviews are true. You may ask people for recommendations, especially those who have been paid by the website/s.
I think you can avoid scam promised passive income by simply first experience it, that's what happened to me when I was still new in online investing. I was hooked on those HYIP sites, it was okay during the first week, but as weeks passed by it turned out to be a scam. With that experience I always now avoid investing on such kind of sites.
Definitely, I have seen a lot of reviews on trustpilot that are not true. Those scam platforms always pay people to give them fake reviews.
I would encourage you not to depend solely on trustpilot because most of those reviews are paid..
I have said that already. There was a platform I ventured into sometime ago and they promised their members reward when they give them good reviews on trustpilot. At the end of the day the platform ended up being a scam.