First of all let's find out what HYIP mean. It mean High Yield Investment Program. HYIPs are based on investments in various industries, for example: forex trading, stocks, betting, etc. HYIPs offers people to earn 2-5% daily, it's very high rate because Banks offer only 4-7% yearly. Of course HYIPs is much more risky than Banks. HYIPs using different e-currencies, but the most popular is E-gold.
Every day more and more HYIPs opening and it's very difficult to choose HYIP which will pay money for long time, not just for few weeks. Many HYIPs are just scams...Actually scam HYIPs is more than real investment companies. In 2005 HYIPs went crazy. Many HYIPs started paying more than 100% daily. It's totally scam and we recommend you run away from these HYIPs. It's very difficult to find real investment program. HYIPs which paying 1-3% daily may not be scams and be real investment programs registered in their country, but also it can be scam. Programs which offers 20-50% daily also are scams, well maybe not scams but they are ponzy, but at the end is same as SCAM. Ponzi is scheme when admin pay money to members from others members investments. When people stop investing admin can't pay to members and he ran away... HYIP like this is just a game, you can try to play it. Actually it's very fast way to earn some cash, but you also can lost them.
How not to lose money in scams you probably ask. Well there are some advices and I will share these advices with you. First of all take a look to HYIP design, reliable companies have nice design and custom script. If you interested in any HYIP seach it in HYIP Monitoring websites, make sure that HYIP status is PAYING. If you see "rate us" page at HYIP be sure that monitor buttons are not fake! Some scammers add fake buttons. In many monitor buttons you can find last payout date or current date. If last payout date is Jul 10 and now is Jul 25 and button status is PAYING, so whis mean that monitor button is fake. Also search some information in forums, newsgroups, etc. In same 2005 the most popular HYIP script "Gold Coders HYIP Manager" was decoded and decoders started selling this script very cheap (Gold Coders LICENSED version cost $145, decoded version ~$60), it's not require license so people who bought decoded version was able to create many HYIPs with same script. So a lot HYIPs were starting every day, more than 10 HYIPs were opening, and most of them were SCAM. Till now there is many decoded scripts. We recommend you to check if HYIP using LICENSED version or not. You can check license here. Remember that this is ONLY Gold Coders script lincense checker!
Please notice that if you follow these advices there is no guarantee that you won't lose your money. HYIP industry is very risky so you need to invest carefully.
The most important rule in HYIP Industry: DO NOT SPEND WHAT YOU CAN NOT AFFORD TO LOSE!
Written by HYIPCatalog.com Admin, Aug. 05, 2006
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