June 3rd and the "Holding Pattern" Continues

I'm still in a "holding pattern" here, as I scour Forums daily and sift through updates
I receive about new or impending launches. Meanwhile...programs like The Rock
keep on paying me and with my next withdraw, I'll be in profit there.



Gander Airport (YQX), Newfoundland, Canada... Aircraft grounded following 9/11


Some bad news, which is the unfortunate part of making money online but from time
to time..rears it's ugly head. I deal with it, take it in stride and move on. True Earn,
which I wrote a recent article about below called..."Giving Credit Where It's Due" stopped
paying yesterday morning. Just shy of two months, with quick and steady payments, I have
to admit the "stats" that Scott quoted could not have been "true" after all and an attempt
to encourage more spends and bring in more members but that house of cards fell
yesterday.

I have to apologize for posting that as I believed it to be somewhat accurate, where Scott
could of ran with the money a month ago.

On my end...I was well into profit where I was in a continual reentry into plans with portions
of my earnings and registered/invested on Day 1...which is my Rule #1. Now here is a
good example of what not to do with these "short timers"...a member quoted that he had
been watching True Earn for "five weeks" and then invested the last of his funds in his
Alertpay account a couple days ago which of course he has now lost.

After looking at a program for a day and deciding if it's for me or not...on Day 2..I'm moving
on and not looking back. I made my decision that the plan is not good, or something negative
comes up about the Admin or program...or it just doesn't "feel" right...I am not returning to
look at it again. I have done this in the past and went against my suspicions, inner voice saying
"Move on Gord!" and more times than not..it came back to "burn" me.

In other words..I stick with a strategy that works.

Strictpay...once touted as the Payment Processor that would rule supreme is now in big trouble
with the majority of its funds locked up and recently canceled all pendings. Will it rebound?
Very difficult to forecast but I imagine it's losing customers on a daily basis as members
attempt to move funds they have with SP...mainly via Exchangers..so they are able to withdraw
their funds or use it as "seed" money in programs.

Just back peddling to True Earn for a second...going against their policy suddenly of not dealing
with disputes between members and non paying or closed programs...SP is issuing partial
refunds to those who invested but not paid by Scott where they suspect he is opening another
program. Now..how would they know that? I have to assume it's a ploy, although good for the
members who filed support tickets for this refund, to keep members happy while it sorts out
it's financial troubles.

Meanwhile..I'm in a waiting mode as I continue to search for more programs that I feel well
get me into profit "quickly" rather than long term. I'm specially wary of HYIPs these days
with Admins I don't know that offer 2 and 3% per day over a couple months or more.
Remember...95 to 98% of these never last that long



 

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