magic trading.com
By madugulagopi
@madugulagopi (1093)
India
September 8, 2009 2:45am CST
Hii friends I heard ppl talking about a site that give 28% of our investments that is if we invest $1 we would get $0.28 every day and so on.I think the site is magic trading..
Do anyoune of you know about it? Is it legit?Did anyone got paid by it?
If yes please tell me the details of it and how and when can we cash out?
2 people like this
4 responses
@rortiz86 (1697)
• Philippines
8 Sep 09
First, It is just another HYIP, HYIPs usually run a PONZI scheme, so don't be surprised when this one will disappear soon.
Second, I wonder why they accept Paypal... coz, Ponzi's are against it's terms. If you want to join such program, better use other Payment processors.
Third, their Plans are just "short term" so it's too risky and I don't believe it's 130% ROI(premium plan) in just 4 days.
@rortiz86 (1697)
• Philippines
8 Sep 09
If you haven't tried HYIPs yet, better learn more information about them...coz only a few of the investors will earn from these programs. Thousandths of HYIPs close every year, since it's just a PONZI scheme, but it's still possible to earn a nice amount if you know where and when to invest or take profit and run. lol.
I suggest that you check several forums, monitors and blogs especially made for hyips, so you may learn some investment strategies. Good luck!
@madugulagopi (1093)
• India
8 Sep 09
Ya O think its too good to be true that is why I thought of asking here first..
@Jemina (5770)
•
8 Sep 09
Hmm, that is really cool. I want to know more about it too. But I'm a bit cautious. Companies that offer huge return don't usually last even for a year. Because some savvy investors invest huge amounts of money and take their money out once they are in profit and those that invest little are the ones who is robbed off. I'm talking with experience here and I've lost about $20 already. I'd rather invest in a company who promised little ROI but have been in business for at least 2 years. It means they are already established and they have better policy. So my advice to you is beware. Don't invest more than you can afford.
