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Online investing makes you exhausted
Tags: No Tags.I consider myself an experienced online investor. All I ever wanted was to earn a little bit more than bank interest rates. Nothing more nothing less. But “big ugly brother” try to stop me and many others from doing so.
The feds first tried to attack us and steal our money through stormpay and EMO first. Lucky for me I never trusted stormpay. I did went through EMO for a while but when SP turned nasty I realized that EMO would probably be the next target and I ran as fast as I could! … Just in time.
Then I had to go through all the online mess and avoid all the hyip scams. So I bailed out on hyips, telling myself “Its not worth it, go for the real deal” and I tried my luck with real investment sites and lyips. But wait! 99% of lyips were scammers once again. 2-6% a month and still scamming? Yup you got that right! Bastards!!! Scamming for every little penny.
Again I had to fight them off but again my sceptical view on the online world saved me. I managed to invest in the right programs and most of them survived so far.
But now the feds are attacking us again through e-gold. But again I escaped. I knew e-gold said on some website they had to go on trial on 30 april(its nothing new) and I waited until the weekend before to fund my account. Exactly on that friday when I was going to refund my e-gold account, disaster striked once again. Guess I got lucky again, altough if e-gold truly goes down my portfolio will take a small hit and I will probably loose around 5%.(not a biggie)
Altough I am not in a loss since end 2004, after fighting to survive in this tough world for more than 2 years, I am starting to become really tired and really disencouraged by all the attacks everyone makes on my online capital in an attempt to not only steal them, but take my initial deposits with it.
When will the day come that we all join together in a very honest program and are left in peace by the outside world? My dream to earn online became true, but the work I have to put into it and the several hours of monitoring every little bit of news online just to get out of a program or payprocessor in time, when I feel its going to turn ugly, Well, its just tiresome.
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Well, there is no easy way to make money.
it can be easy, but all these noises just makes you plain uncomfortable. thanks for this great entry makila, at least we know how you feel about investing online.
Yup i got tired after a year of trying. Even though i still stay on the side lines nowadays and with sites like NOBS around, it is much easier to find the right program compared to one year ago.
Still it is a upward battle of monitoring forums and ecurrency news which makes it 12 hour per day job just to keep on top of things.
I have already given up on hyips…. wasted my time.
There seem to be a few, inevitable eventualities for online moneymakers: 1) Eventual failure in or resignation from the world of HYI either through attrition (inability to consistently generate an income sufficeint for one’s needs) or catastrophic losses. 2) From there, the road forks toward a) going back to pouring funds allocated to investing into conventional instruments (e.g. mutual funds, IRAs, etc.), or b) trading on one’s own behalf, as a kind of continuation of the HYI dream. An alternative track to b) would be finding an alternative, legal means of generating online income, such as with affiliate marketing. Whatever the case, generating income online over the long-term without bring a skill to the table or developing competency in one is all but impossible.
I agree with you, 100%! Online investing makes me exhausted!