| By Casey Lim,
on 19-03-2007 06:18
|
Published in : HYIP |
Ok.... I know I should put this also in my previous post, but I joined another program apart from Legisi. I was contemplating on whether I should post this next program that I joined. Anyway, the new matrix program that I join is call Fical metal fund. It's investment plan is 3% daily for 100 days.
I was thinking since these sort of program is a network marketing (MLM) type I hesitated to post it. Previously I did not thought about this when I said I joined a program called WinliFund but after joining the second one it got me thinking.
These sort of program only helps if you have a good support from you upline. I found out that withdrawal can only be made via your upline and it kinda sucks if you don't know your upline, he/she might not care less about your request . As risky as it sounds, I believe this sort of program could have a better sustaining power than the normal HYIP that you and I may have come across.
Direct marketing, MLM or network marketing has been around for years. And it has proven to be a very sustainable structure for any type of product of service. The only way that this sort of structure could fall is if there is no longer any buyers/investors to support the bottom of the sturcture.
Secondly, the sort of marketing activity has to be done via word of mouth and if there is a great sales person who can sell the product or plan to anyone, again the structure can be sustained.
The key to the success or failure is trust. If the product or program can get people to trust them or their direct sales person, then it can be sustainable and if the program and the person can not be trusted then logically the program or product will fails.
Anyway coming back to the program Fical Metal Fund and Winlifund
These two funds just started in February 2007, and as they say in the MLM world, the earlier you get in the lesser the risk of losing your money because you are being place higher or closer to the top of the hierarchy.
Another downside to this programs is they don't use e-gold, they use e-points or e-wallets, so for any withdrawal you will need to do it thru your upline who will give to you a rate of exchange for your e-points or e-wallet. (This is how upline makes more money)
To join these sort of a programs, you need to find a sponsors in your own respective country or you can find it via HYIP forums. Just do a search in the forums for the matrix programs that you want to join.
Update
For Fical Metal Fund, apparently the program owner plans to have a new system where all withdrawals can be done directly with the company to their bank accounts.
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