Finally blog T did a good article.

I personally liked it, because apart from using it to continue to attack "experts" and some programs (the tomatoes farmer analogy is pretty clear lol), it has a good message: treat every program as a ponzi/potential scam.
Basically the message is similar to my "hyips=games" article.

I advise (yes I am giving an advice lol) to go and read the article.


However there are somethings I don't agree:
-why keeping call others ref sharks? We are no longer in 2008-2009. In the year I am, 2010, pretty much all blogs offer RCB. I don't give because I am lazy, but I promote the use of monitors with RCB like I have on right side of my blog.
So it's not "cool" to call others ref sharks when it is barely true nowadays.
-there is a difference between pictures and videos and videos showing admin himself. The later obviously adds more credibility. Xaga videos were a good initiative, but without showing admin face, their credibility was almost none.
-failed to tell NanoMoney was online for 4 years, but 3 of them was almost inactive due to the pretty low returns. This is an important thing.
-why liking to deal with admins like Roger Miller? He is what I call an amateur because failed to see the market conditions (there was a big cloud of fear), and worst, decided to take out AP and STP (both very popular in high ROI hyips due to the increased safety they can provide, although not always)...and then blame the investors. Being straightforward is not enough to be a good admin.
-the gambling part. In order to have success investing in hyip I believe that gambling among different programs (to diversify) is not the way to go, unless you have lot's of luck. I still believe that analysis and research is essential to make better decisions.
Here is an analogy with betting, a thing I do in daily basis. I can just gamble among different matches, but like on hyips, I will be only in profit at end of day if I have luck. Now if I do a basic research and analysis, and chose only matches that fit my criteria, and couple all this with a good money management strategy...I can be in profit in almost all days.
Of course, even with all the research and analysis I still lose in some matches, and this also happens in hyip world (and even stocks and forex worlds).
However you can't expect to start winning right way when you start doing analysis and research. It is a learning process and with time you will earn experience and "fine-tune" the way you do your own research and analysis, using the available tools.
That's why I always advise to start with small amounts of money, the same applies to betting world.

The example he gave, about a tomatoes farmer is good. However the part about bank loan is a bit debatable, because nowadays the banks are no longer that generous, and there are big differences from country to country.

Overall it was a good article, and I am happy this small war incentived blog T to publish educational articles. At least we have some improvements.