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Tuesday, November 24th, 2009

Investing and trading in e money digots ( digital shares)

April 28, 2008 by moneypenny  
Filed under Finance

Most people know what e money is and have come across pay pal e pay e gold and the like. However, can these digital shares be traded like money or shares? The answer is yes, and as I’ve been saying in my last few posts, this has become a more popular investment. Much has been said about E gold ( based on gold) on this blog in the past, by Mark. I’m going to focus on digots, or digital shares which can be bought and sold and the risks and scams associated with them.

I remember driving down the road one day to work and  I saw a bill board, it said. “if you can click a mouse you can buy and sell and invest in the stock market”. At the time, I thought this kind of statement  and thinking was foolhardy and dangerous, and I still do. E shares could  fall under this same  thinking, but buyer beware! The only thing that is easy in trading online when you are a novice, is losing your money fast!

So how are digots traded? well here a simple explanation which I’ll elaborate on over the next few posts.

 E currency  trading - you may have thought it was trading foreign currency, Pounds Dollars or Euro, and making money on the exchange rate.

It is not currencies trading, and neither is it  futures trading.

E currency, also known as “internet money” or e money, is used on the internet by people who either do not want to use their credit card on the net or who do not have a credit card.

 A well known site claims ”They are used by thousands of people on the internet everyday using E gold, Net pay, E bullion and others, and is now being traded.  E currency trading  provides investment opportunity to many people who make steady daily profits of between 0,2 % and 5%. E currency is traded on  sites in digots or digital shares. consistently trading and growing your portfolio involves choosing the cheapest six digots or digital shares and adding them to you portfolio, you can make daily profits to grow your investment.” Putting the words digots, or digital shares, into google, will bring up the companies who offer these sites. and the scams acossiated with them , my next post covers these scams.

 

Disclaimer: this blog does not offer investment advice, only opinions. Any opinions expressed should not  be considered  investment advice. 

 

 

Yours in money Donna,

Moneypenny

 

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