All hell broke loose over the 2008 series Zimbabwe exotic currency investment scam

I say over and over, do your research before investing in any exotic currency.

Photo by Ibrahim Boran on Unsplash

For the most part, most viewers on the channel research currencies before investing.

However, listings on eBay which clearly say for “collectors” are selling Zimbabwe currency that people are believing to be a viable currency.

The majority of the listings clearly say that the item is a collector’s item. Yet, hundreds of investors do not READ the listing.

They followed the crowd and believed the “implied” message, not the actual message.

I recently saw that the Zimbabwe currency was close to becoming worth one US cent to one Zim Dollar.

Based on the eBay listings that would be less than $50 for a million Zim Dollars. This would have equaled a substantial profit. The channel has been reporting the Zim Dollar exchange rate for months.

I was mostly focused on the Iraqi Dinar and the Vietnam Dong without getting into the actual investing of the Zimbabwe Dollar, the Venezuelan currency or the Turkish Lier.

Well, you guessed it.

When I decided to invest in the currency, I did what I tell viewers to do. I did my research.