WBWSO A Scam? Advantages And Disadvantages Of WBWSO
I must admit, when I joined WBWSO I was skeptic. I did not believe it was possible to find an investment opportunity that would compound at such a high rate, nor did I think this was serious.
So far, at that point, all HYIP (High Yield Investment Plans) that I has tested on the Internet had all turned out to be hyip scams without exception. Sure, I did manage here and there to turn small profits, but those were only very temporary, because none of the sites remained online long enough to make it consistent.
So a word of caution is warranted. I stopped compiling the names of HYIP sites that fail, that is, go out of business, at the count of 15 000 last year. There are too many of them to really keep up to date all the time.
Beware of the monitors, the information they provide is dubious at best, it remains a very high risk proposition to entrust any amount of money you can’t miss, because sooner than later, the site closes down and the funds are gone.
The HYIP Internet scene, by my experienced opinion, is a well crafted and well organized scam artist setup that deals in short lived ponzi schemes.
Concerning WBWSO, a year later, I am looking at a completely different picture. I still have this nagging little voice that screams “yeah, yeah! Dream on! You have NOT cashed in yet and that is when push will come to shove!”
I guess I must be incredibly naive or I must have above average amounts of faith in my fellow human beings. Turning $100 to $90 000 in a mere three years by allowing the returns to compound looks attractive enough.
So far then, so good. A whole year has gone by and WBWSO is still on track.
If I do some math, this is what the graph looks like, compounding $100 at 0.61459 %/day (yes, you read correctly, that is PER DAY…)
and this is what the WBWSO account looks like after the first year:
I did not invest more than the $100 I set out to spend on this experiment, but I did re-invest affiliate commissions as I started receiving them.
As you can see, the affiliates commissions come from numerous sources and from many different types of digital money source accounts.
I also tested if it was possible to withdraw money and the first indication is that, yes, money withdrawals are possible.
The big payday is set two years from now, that will show if WBWSO will truly pass the ultimate test. Only when I will see the $90 000 being credited to my account will I be a true believer, by then, surely, I will also be regretting not having committed more funds.
So, the question I’m asking myself at this point is: do I go for more? Will I regret investing $100 or $200 extra? What is the point if the money is lost anyway?
