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| nemesis |
 Posted: Mon Mar 07, 2005 6:34 pm Post subject: Moneydoublers? |
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Member of the Month! March
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hello there...
Hey do you guys know any money doublers that have been around for quite sometime and look rather stable?
I am planning to try them out and monitoring them, too.
Thank you!
nemesis |
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| InvestingMac |
| Posted: Tue Mar 08, 2005 7:09 pm Post subject: |
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Investing Manager
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I don't think you will find many people that know about these on this forum nemesis. Again, this forum is primarily for conventional investing opportunities.
In the case of doublers, I would advise you to use extreme caution. The concept of the doubler is exactly like a Ponzi scheme. New money pays off old money, etc. As the pyramid of people gets larger, there is less chance of people gaining back any money at all. |
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| nemesis |
| Posted: Tue Mar 08, 2005 7:15 pm Post subject: hey,.. |
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Member of the Month! March
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| I know this topic will be partially unanswered. But as this sub-topic is "Other Investing Online", I was just asking. But anyway thanks you answering. |
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| nemesis |
| Posted: Wed Mar 16, 2005 7:04 pm Post subject: ..... |
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Member of the Month! March
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| Furthermore Moneydoublers come and go, so its better not to introduce them here...high risk hehe,.... |
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| paula0000 |
| Posted: Sat Mar 19, 2005 12:19 pm Post subject: |
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Investing Manager
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| I know this will be dumb question, but what are "money doublers?" |
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| nemesis |
| Posted: Sat Mar 19, 2005 6:06 pm Post subject: easy |
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Member of the Month! March
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Hey there,..
here is how it works:
You give 5$ for example to a person which is the admin. And after a few days he will give you back 200% wich is 10$.
So you actually double your money. But this is a very risky thing because these money doubling sites dont last very long so its hard to know when to do it and when no to,....They are all PONZI schemes,...watch out... but they work, and sometimes with consequenses.
nemesis |
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| InvestingMac |
| Posted: Sun Mar 20, 2005 6:34 am Post subject: |
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Investing Manager
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That's exactly right.
They are ponzi schemes, which means that once the early "doublers" in the program decide to withdraw their doubled money, the pool of funds that are used dries up.
For them to work you need a constant flow of cash to go in, and essentially stay in. |
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| nemesis |
| Posted: Sun Mar 20, 2005 9:25 pm Post subject: yup |
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Member of the Month! March
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Hey InvestingMac,
nicely explained!! hehe do you actually know a Money doubler that lasted quite long? Somehow Longshotdoubler.com made an impression by staying online for quite some time. But someday they will have to run away with the deposited cash. Hmm,... very risky indeed.. |
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| InvestingMac |
| Posted: Mon Mar 21, 2005 4:55 pm Post subject: |
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Investing Manager
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I am aware of a number that double over a period of several months that have been around for a while - though I certainly wouldn't suggest them.
Putting money into an already risky situation for a long period of time is just an excuse to lose money. |
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| nemesis |
| Posted: Mon Mar 21, 2005 9:25 pm Post subject: yeh |
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Member of the Month! March
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| yeah i agree, if one is actually deciding to join one....the best time to do it is when the complany or admin has just opened a website and the first aproval of payments are done......then it keeps getting riskyer by the second... |
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| lovelylovely |
| Posted: Thu Apr 07, 2005 10:28 am Post subject: |
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my experience is , if u are the lucky first 10-25 to join u get profits but after that a loser.
as most doublers promote and pay in the beginning to get few more members means more $$$$
and thats it |
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| nemesis |
| Posted: Tue Apr 12, 2005 6:29 am Post subject: hehe |
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Member of the Month! March
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Well, under the bottim line: TOOOO RISSKY...
so say if you didnt try it dont do it hehe |
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| scorb |
| Posted: Thu May 05, 2005 7:15 pm Post subject: |
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| They definitely aren't investments. Really they're too risky to even be speculation. More like gambling - the odds are agains you. If the odds were even then that means the originator of the ponzi scheme would make nothing. |
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| StatTrader |
| Posted: Fri Sep 09, 2005 4:39 am Post subject: |
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Member Of The Month! April
Joined: 08 Sep 2005
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| Actually these schemes work out very well.....for the admin |
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