Has anybody invested in HYIP?

@hnaboro (113)
May 5, 2011 2:34pm CST
Hi there, HIYP is new to me, I would like somebody to educate on this way of making money online.
4 responses
@magtibaygom (4865)
• Philippines
5 May 11
Why would you participate in something illegal? Participation in an illegal income program makes you a criminal. An HYIP is illegal, they solicit investments from people when they are not licensed by the governments to sell investment products, making them illegal.
@hnaboro (113)
• Uganda
5 May 11
thanks for the information
@de_toya (2434)
• Indonesia
11 May 11
I am a victim of HYIP (High Yield Investment Program). I used to join some HYIP sites and I lose. I lost my own money around $250. If you are newbie in HYIP, you should be careful in choosing HYIP site because there is no real investment made by HYIP. HYIP is just money game. The first member will get advantage while the last will be a loser. You should watch them by checking them in HYIP monitor, like HYIP.com, Golgpoll, etc or joining HYIP forum. Joining HYIP is like gambling. You should prepare yourself for the lose. Don't invest all of your money in one HYIP and don't invest your money in one site for long time. When you the end of contract with one hyip, then jump to invest in another hyip. This will avoid you from lose.
• India
8 May 11
Hey I must tell you that these type of programs are just another way of scamming you so dont fall in their trap... I am too in this field but none of those programs have attracted me so be sure and careful to invest in it..
@yallit (3678)
• Philippines
5 May 11
Instead of investing on HYIP sites that will go bust in a month or two or once they have a big depositor, you can go for alternative sites like money cyclers. Sites like a2m and jss-tripler will give you 2% of your investments daily.