Understanding JustBeenPaid
I'm having a play with it right now and I'm making a bit of money, but reinvesting instead of taking it out.
My thoughts are if I only invest as much as I'm willing to lose then that's fine and so I've only actually put about $60 into it at this point and I'm not up to $110 worth of positions. Because of the compounding, it means that less and less time goes past until I can buy another $10 position.
I'm figuring I'll just keep buying more positions with my profits until I get to a point where I want to start withdrawing some money and if they close it down I haven't lost anything I wouldn't spend on a few bottles of wine or a lunch out somewhere!
I'm fully aware that it could be closed down at any time so I'd never invest more than I'm willing to lose.
In some of the threads I've seen comments about the restarts and there seems to be misunderstanding there. The way I understand it is that the Restarts convert sometimes 50% or so of your JSS Tripler positions to Matrixes, which does not mean that you've lost half your money.
What it does mean is that you have Matrixes now that when they mature will earn you more money than you would have had they remained JSS Tripler positions as each Matrix is worth $60 to you when it matures.
Maturing those Matrixes can be hurried up buy buying some of the positions within it (I think there are 6? positions - two of which are automatically yours with the conversion) for $5 each. This reduces your profit. If you want to wait however, they will eventually mature and you will be paid your $60.
I'm interested in anyone's thoughts, experiences etc. For the moment I'm quite happy pottering with it and figure if once I get to earning $100 a week or more I might start using some of my profits...
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david15923 -
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Free4Debt -
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david15923 -
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david15923 -
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Free4Debt -
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