As you consciously seek to make money online and improve your status among friends, families and foes and also to bless humanity, you must not be ignorant of some incredible ways of losing in the quest of making money online. Some of these incredible ways may yield some money (even faster than the credible ways) at first but it is not a stable way of making money online and can leave you broke at any point in time.
One of this is HYIP (high yield investment program). Leaving your hard-earned money in the hands of unreliable merchants who promise to triple your investment within a month is not a good advice. HYIP is not a way to earn a stable income online. Though your money may seem to be increasing geometrically at first in your electronic account but suddenly it will vanish away when the investors pack up and run away as most of them always do. My friends and I invested a lot of money (close to $400) in legendprofit.com, after just some weeks of our entry into the incredible market, we lost all our hard-earned funds when the website was closed down. I’ll advise you not to invest at all in HYIP, but should in case, you are drawn by its irresistible offer of “double your earnings in 5days”, then I’ll advise you to invest part of your money whose loss will cause you no regret.
Taking of customer surveys is another diabolical way of making money online: while this may be good for residentsof certain countries and customers of a certain product or market, it is not ideal for people who have neither come in contact with the product nor use it. Many people earn through this means by changing their ip address and disguising as experienced and loyal customers of the market product.
The downside however is that many gets duped by many agents who implore them to join their group at a fee so as to get survey jobs. One might also lose a large amount of money that have been accumulated overtime on survey sites if detected to be hiding under a proxy or using an IP address outside the specified region
Online gambling and football betting seems to be another avenue to earn quick cash on the internet, but it is also a good way of losing money quickly. More worse is if one gets addicted to it. This bad habit of gambling has ruined many a lot of people who could not turn away their eyes from it.
There are still lots of them but these 3 seems to be every where, if you discover the truth about these ones, you won’t find it difficult to detect the rest. One thing is common to all these schemes mentioned above; they promise mouth-watering amount of money in a very short time without none or little investment of time or energy into it. Such simple offers like “Make $3000 in 1hr”, make $10000 on your $4000 with 20% increase in 10days, fill a survey form and earn between $35-$200 are scams so watch out.
However not that all of these schemes are fraudulent and uncertain to pay, No, that’s not what I’m saying, some (of which are few maybe truthful) claim to earn through these means but my sincere advise is that they can never be compared to the profitable and creative art of blogging, internet marketing –info and affiliate marketing, domain parking and flipping and other creative means that will be discussed in my subsequent posts.
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