Have you ever used a 60 second binary option to try and make extra money?

Discussion in Scams = To Good To Be True started by shanshanshan • Oct 5, 2012.

  1. limcid

    limcidActive Member

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    I think I would rather go to a casino where I can have some fun, apply some kind of skills, and get all the free sodas I want (to go with the food stashed in my car). Even a reputable online casino might be better.
     
  2. Parker

    ParkerWell-Known Member

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    I have never heard of such a thing. I wouldn't even do this if I had money to burn. I prefer the odds to be in my favor. I'm sure the possibility of high return is what draws people to do something like this.
     
  3. vpresson

    vpressonWell-Known Member

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    I have never tried this before and don't see myself wanting to do so it's to much of a risk for me and I don't have money to gamble away like that
     
  4. dashboardc33

    dashboardc33Active Member

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    I didn't even know they had anything like this. I guess it is a 50/50 chance. I suppose if I had $100 I wanted to gamble with I would go buy some scratch offs. I have noticed that if you buy all of the same types of tickets your chances greatly increase. I usually come out about even when it comes to buying scratch offs.
     
  5. dconklin

    dconklinActive Member

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    I have heard of binary options, but I won't invest in them. I have traded in the stock market and won some and lost some, but came out ahead. But that wasn't anything like this - I was investing in corporations live on the market and patiently holding my shares not guessing up or down. Stocks fluctuate all day so it just sounds like a very risky business to do binary options.

    I would rather go to the local casino then invest in binary options, too much risk to lose it too quick. I know the casino is a risk too but at least I am having fun and in control of what machines my money goes in and change machines when my money is going too quick.

    I can see how it sounds appealing, and yes you can make money at it - but never guaranteed like they advertise and as you see you can lose a lot. Sorry you lost your money so quickly.
     
  6. SpiralArchitect

    SpiralArchitectActive Member

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    See whenever I see a "you'll lose everything" condition, I just steer clear. No point taking those kinds of risk when your chances of coming away unscathed are not very high. Same goes for football accumulators. Betting on games directly though is a much safer option.
     
  7. caparica007

    caparica007Banned

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    Pretty wild that option you made, seems to me like gambling, I don't see myself putting my money into that unless I was really desperate... Shan, you ended up losing $80 so you were even worse than what you begin with, are you considering trying it again?
     
  8. broknkyboard

    broknkyboardMember

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    Why would anyone even try something like this? Buying safer stocks is literally 100% better than this in case of failure. With stable stocks even if your choices take a dive, you still have some stock that is worth at least a decent amount of your original investent.
     
  9. Carles

    CarlesMember

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    That sounds really risky and I would never waste my money trying to do that. It seems so up to chance if you're not in the know with those kinds of things.
     
  10. GenevB

    GenevBActive Member

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    I haven't tried it yet, but I guess I'm not going to. From what you said, the site seems to be a scam made to take away all of your money, why did you think that some kind of gambling can help you out in a problem with money? You won't solve your problems with money by spending more money! This should be a lesson to everyone who thinks he's going to get rich over night by investing a lot of money onto some scams investments. The higher you point the harder you fall.
     
  11. azeemah kaleem

    azeemah kaleemMember

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    I never heard of it and it sound interesting. I however, do not have any knowledge when it comes to stock. I would love to learn more about stocks, but never really found the time.
     
  12. Lushlala

    LushlalaWell-Known Member

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    I have heard of this, but I can't to quite get my head around it. It sounds to me like it some sort of gambling, and I just don't like the sound of it. I wish everyone who's interested in trying it all the best. It just doesn't appeal to me at all. I don't like the fact that there's the risk of losing money. I just don't have any to put on the line at the moment.