They are basically High Risk Investment that promise high returns .
As with other investments, high gain means high risk. Many HYIP programs were proven to be scams. Most of the scam HYIPs use the ponzi scheme, and they do not invest your money elsewhere.
As with other investments, high gain means high risk. Many HYIP programs were proven to be scams. Most of the scam HYIPs use the ponzi scheme, and they do not invest your money elsewhere.
As long as ponzi and scammers are around, we can make money. If you are afraid to lose money, dont invest in HYIP. Losing money is the key and the gear to build a better investment diversification plan.
HYIP gained popularity when e-currencies such as e-gold, StormPay , Evocash, E-Bullion, Paypal, Netpay, Pecunix and others were introduced. HYIPs allow investors to invest even in a very small quantity, making the program very popular and easy to follow.
HYIP RULES
Rule1: Prepare to Lose
Be prepared to lose and only invest money you can afford to lose. Dont think of earning a living on HYIP. Always invest in HYIP to earn extra income for other purposes such as setting up a business. HYIPs dont last forever!
Be prepared to lose and only invest money you can afford to lose. Dont think of earning a living on HYIP. Always invest in HYIP to earn extra income for other purposes such as setting up a business. HYIPs dont last forever!
Rule2: Diversify
Diversify your money into 10 to 20 programs. What to diversify into? It will depends on what type of investor you are.
Diversify your money into 10 to 20 programs. What to diversify into? It will depends on what type of investor you are.
Usually only 70% or more of your investments will fail before you even get back your 100% of your money. However, your remaining investments will pull through long enough to coverup for the loss.
Rule3: Get Capital ASAP
Always take out your capital as soon as possible before you do any compounding or reinvesting. If you are Mr Hell, then you might ignore this rule.
Always take out your capital as soon as possible before you do any compounding or reinvesting. If you are Mr Hell, then you might ignore this rule.
Rule4: Grow Wisely
After you have got back your capital, begin to compound. 100%,75%,50% or 25%....its your choice. Higher compounding rate if your program is doing well. 0% compounding if your program is dying.
After you have got back your capital, begin to compound. 100%,75%,50% or 25%....its your choice. Higher compounding rate if your program is doing well. 0% compounding if your program is dying.
Rule5: Research
You must always do you own research before you enter into any program. Read the forums, read the monitoring sites such as ours :) and do a !whois search.
You can do a !whois search here : http://www.whois.sc or http://www.whois.ws
You must always do you own research before you enter into any program. Read the forums, read the monitoring sites such as ours :) and do a !whois search.
You can do a !whois search here : http://www.whois.sc or http://www.whois.ws
Ask yourself these questions:
- who are the admins?
- are they responsive?
- where are they from?
- which monitoring site are monitoring them?
- what are the comments given by the public?
- how did they get their income?
- how long have they being operating?
- what documents do they have?
- who are the admins?
- are they responsive?
- where are they from?
- which monitoring site are monitoring them?
- what are the comments given by the public?
- how did they get their income?
- how long have they being operating?
- what documents do they have?
Rule6: Skeptical
Always be a skeptical loser before you enter any program. When you are a skeptical person, you will do 10 times more research than an idiot who joins a program blindly.
Always be a skeptical loser before you enter any program. When you are a skeptical person, you will do 10 times more research than an idiot who joins a program blindly.
Rule7: Watch for Warning Signs
When you are in a program, watch out for the warning signs!
If your program is failing, dont bother crying over it. Look elsewhere for a better investment.
When you are in a program, watch out for the warning signs!
If your program is failing, dont bother crying over it. Look elsewhere for a better investment.
Rule8: Zero Emotion
Dont let your emotion do your investing. Dont be Greedy!! Dont be afraid!! PLAN PLAN PLAN!! Stick to your PLAN!!
Dont let your emotion do your investing. Dont be Greedy!! Dont be afraid!! PLAN PLAN PLAN!! Stick to your PLAN!!
as quoted from /www. hyip-expert. com
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