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Many HYIPs state that they make their returns, either partially or fully by investing in Forex. While we all know most HYIPs are ponzis, I'm sure there are some legit ones out there which really do invest in Forex and make their returns by trading. I'd like to get your opinion on this, what percentage of HYIPs which claim to invest in Forex actually do ?? And of those which do, is there a better chance of a long term, stable HYIP when truly investing or is the chance of the admin losing the funds quickly even greater ??
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Forex is the perfect vehicle for HYIPs because of the high degree of leverage and low degree of regulatory oversight. I often hear that forex is risky, but it is only as risky as you choose to make it. No one is forcing 50:1 leverage down your throat. If you choose to take on high risk, then you have to be prepared for the likely consequence. It's like saying that driving is risky. Well it is, if you are tripling the speed limit while smoking a crack pipe on a snowy day. That is the equivalent of high leverage. You might get there, and if you do you'll get there fast and in a great mood. But chances are you'll wrap yourself around a pole and die. Is the reward worth the risk? Only you can tell.
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Well there are HYIPs which can be defined as long term or stable because they are simply more stable than the majority or last longer than the majority.
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You're right most are scam, there are some which are relatively long term compared to others like geniusfunds.
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