Thursday, November 02, 2006

Programs Write-up

Here is a write up from my brother on his view on various programs that he has participated. I find that it's quite a good read and would like to share with you all.happy.gif

"Hey,

Regarding bomtrade and betoncurrencies:
Betting is dangerous, but not if you are betting with an edge. I'm still studying the winning and losing trends based on the data I've collected from the bomtrade website. Currently, I'm making some statistical analysis on the chances of winning, and under what circumstances the chances of winning is high.

Regarding Bets29 and No Risk Bets:
These are HYIPs, not betting centres as as to say. The profit is guaranteed. But you got to take that with a pinch of salt. I entered with quite an amount of money in this one because its new and paying. With the ultra high ROI its generating, it wouldn't take 10 days before I recover my principal. The the rest is only profits. Based on my own judgement, I forsee Bets29 and No Risk Profits to be good bets for at least another month to come. By then, I would have made a hansome profit and then exit the program, leaving it to fade away. And from there, I'll be looking for other good programs to place my bets on.

Regarding SAK Enterprises:
This company has been around since March 2006. Its a pooled fund type investment consisting of various HYIPs, AS, Mutual Funds and Stocks. The admin of this one is one of the best I've ever come across. I've had quite a lengthy discussion with her, and I can feel her as a person of integrity.

Other Programs:
So far, The Finer Things has been my number one favourite. This is one where I truly dare to put in serious money in. The reason why I can do that is because of the trust I have in the Admin. If you had read about the review in NoBS blog, you might realize that Andy does alot of betting too. And this may be the reason why he can generate such high ROI. But everybody has different tolerance to risk, and I happen to thrive on high risk high yield ventures. happy.gif

KaOnline is a tricky one. Ben is a great admin. But he somewhat gave me a "cold and impersonal feel", so as to say. Also, the website is constantly under attack, and can be down for few times in a week. I've put in some serious money in this one as well, and is already in profit. The reason why I did that is because I had joined in the early stage of this program. But if you ask me if I would put in more money in this one, the answer would be no.

PaidToSurfMonitor:
This is a passive income program, not a feeder-fund type. My mistake. The reason why I had joined this one is because pooled fund type programs have generally the longest lifespans in HYIPs. Like SAK, this one has been around for 6 months or so. The admin appears to be an honest guy and time after time, he has demonstrated his unique capability to make profits from Autosurfs. This one is a good bet for me too. Like SAK, I see this investment as a long term one.

Ibiza Traders:
This is my number one favourite forex-based HYIP. Transparent administration and great admin with tons of experience behind him. Its a long term investment for me too.

Global Forex Club:
I joined this one primarily because its going to turn private at the time I had jumped in. Membership is currently by invitation only. An eccentric admin, but very honest and capable. This is another long term HYIP in my list, but again, Forex is a risky trade. So, just becareful not to put too many eggs in one basket.

Silver Gate Forex Hedging
I believe you might have come across the recent spade of events surrounding this program. However, I see this as a good sign of an honest program. My take on this one is the same as GFC.

Advantage Private
in the 3 week of Oct, Takiii has made a mistake in this trade, which causes big amount of profits to be wiped off. This may sound apparently negative. But I see it as a good sign. Still, I would consider this one as a long term investment.

Forex United
This one looks like a ponzi to me, or at least a semi ponzi. However, I've spoken to one of the great supporters of this program, who himself is an accomplished forex trader. He believes this kind of ROI is achievable. And he has achieved that himself making use of high leverages. This makes the trading extremely risky, and a small mistake would wipe out months of profits. I've invested early on this one and is nearly 200% in profit. If you ask me if I would consider putting more money, the answer would be no. Why? 1) If this one is a ponzi, its probably nearing the end of its lifespan 2) Even if this is not ponzi, the trading method is extremely risky.

Ok. I guess you must be bored to tears by now. Ha Ha... Sorry about that.

The above is only my recommendation. I'm human too and can make mistakes. So, please take the above with a pinch of salt. happy.gif Ultimately, its you who got to find your own comfort zone."

0 Comments:

Post a Comment

<< Home