HYIP Blues

@Masihi (4228)
Canada
July 22, 2011 9:28pm CST
I never did have much luck in High Yield Investment Plan websites. Personally, I think they all turn scam, I mean I haven't spent a great deal or anything on it, but still, 2 years ago, I invested $4 into HugMoney, and they were paying but went kaput on us, and I lost my four bucks. Then the recent fallout with Gulf Reserve, I lost $30, but it was all out of my online earnings, but AlertPay is investigating, so hopefully we'll all get our money back. I've invested $5 into another site Profit Finance (can't remember the exact name of this one, but it's set up really weird, but it is paying - so far, heheh, I got $2 back. I don't think I'll ever invest anything more than ten bucks in a HYIP at a time, but if there's any chance of investing into a brand-new site before it goes scam, then even earning a dollar extra is worth it... On the other hand, sometimes I feel like I'm wasting time or something...so I guess I'm kinda conflicted on the inside. I mean, how do honest admins earn off of hyips if all people do is invest and then get their investment plus some profit back? It really doesn't make any sense that way. Blah...I guess I'll be extra careful from now on, I really do need to keep in profit, not lose anything. Seriously.
1 person likes this
8 responses
@yallit (3678)
• Philippines
23 Jul 11
I have joined 2 HYIP sites a few years ago using my $2 earnings from some aurora sites back then. E-gold was a popular e-currency at that time. I was able to double my investment but lost it when I re-invested it again. lol! I didn't know back then the concept of HYIP sites. I thought they were going to use it to invest on some programs where the site owner will earn huge amounts of money but later found out that most HYIP sites are ponzi schemes instead. Now, I only invest on money-cycler programs. They maybe similar to HYIP in nature but they're a lot more stable. And what's more is that I am able to gain real profits from them. The good part of it as well is that I no longer invest out of my own pocket. The investments I made came from other online earnings.
2 people like this
@Masihi (4228)
• Canada
23 Jul 11
Sadly, I've never cycled in a single cycler, either I've wasted so much money on them, my fault is the lack of ability to get referrals. Maybe I won't do much HYIPing either, because there's no product that goes with it or anything, and ponzi schemes are illegal in Canada/USA. Have you ever dealt in Forex trading? Or is that the same thing?
1 person likes this
@Masihi (4228)
• Canada
23 Jul 11
Aaaah, yes, jss tripler, I'm in it but haven't upgraded, I keep on getting all kinds of emails telling me to upgrade. I may upgrade soon, I hear good things about it.
1 person likes this
• Khaimah, United Arab Emirates
23 Jul 11
I would like to try a HYIP, but I don't know who will stand out. I want to try also, but, who can bring my money back? Indeed! We have to be careful to invest in an HYIP SITE. But still, I'm willing to try soon.
• South Africa
23 Jul 11
Hyips are all HIGH risk but you can earn well with them if you are careful, I actually make my living with them so its not all doom and gloom, I also have my own site with a page dedicated to Hyips, for anyone who is interested please check out the top banner on my profile as that site has variuos ways of earning online the 2nd banner is my favourite Hyip and so far I am over 200% in profit but please feel free to ask me if you want any more info.
2 people like this
@Masihi (4228)
• Canada
24 Jul 11
Ya it is very risky indeed, maybe I'll look at your profile, I accepted your friendship. The only thing is, I don't have a lot of money to use, under five bucks right now in my alertpay account, and I'm very cautious. I don't like to lose any money at all. I doubt that AlertPay will give me my $30 back, from the dispute with the gulf reserve.
1 person likes this
@naija4real (1293)
23 Jul 11
I suggest you invest in forex trade if your dream is to earn big from the internet. Stop wasting your precious time with this so called HYIP. I would recommend that you join this forex sites- www.fxpro.com You will double your profit within a few months of investment. You need a minimun of %500 us dollar to start it. You can also join www.instaforex.com and in this one you need a minimum of $100 start up capital. Have a great day
@Masihi (4228)
• Canada
24 Jul 11
I dunno, that's kinda high, and right now I don't even have five bucks in my alertpay account :-p
@hendryap (71)
• Indonesia
23 Jul 11
i just want to share my opinion about hyip. when you decide to work on hyip, there's a few thing you should consider. 1. check hyip monitor like goldpoll,talkgold,dreamteammoney,etc. This monitor review a lot of hyip program. Mostly they gibe you rcb (referral cash back) if you become their downline. is about 100% - 500% rcb 2. invest using alertpay, because you can open dispute if the site turn into scam 3. try to join short term hyip (mostly they offer 110%-200% after 1-5 day). But remember join the sites that still new (livetime still 1-2 day old). 4. invest max 2 times, after that move on to another new short term hyip 5. mostly you'll get profit in this type hyip, since you dont need referral for this type of hyip. But offcourse if you have referral you'll get more profit. 6. good luck even scam site paid at the beginning.
@Masihi (4228)
• Canada
24 Jul 11
Hmm...that's an interesting strategy plan, I'll keep that in mind, for sure. Thanks for sharing. I'm glad we don't have to hunt down referrals to earn even a buck or two, hehe
1 person likes this
@Rosa26 (2620)
• United States
24 Jul 11
Is that true? could somebody tell me with the hand on the heart, I mean sincerly, that the internet have make you guys earn money? because I am doing this but I still have my doubts.
1 person likes this
@Masihi (4228)
• Canada
24 Jul 11
Well, if you really have doubts, then perhaps you should stop HYIPs, they're extremely risky, so I'm finding out, and there's no point in participating in programs that you're not comfortable doing. As one of the posters said earlier, they could be ponzi schemes in disguise....who knows?
1 person likes this
@Rosa26 (2620)
• United States
24 Jul 11
Yes, I think you are right but I just want to demostrate my husband that I am not crazy and that I can make some money by the internet, but to tell you the true it makes me fell very nervous, that when I am completing a survey I always have to give my address and fhone number, And it makes me feel i risk.
@Masihi (4228)
• Canada
24 Jul 11
Oh, wow, that sounds good. I'll add you as a friend, ok? (thefactsmith) I hope you don't mind... And Rosa, MyLot is definitely a good place to start earning money, they've been around for a few years, and I got paid once already, and hopefully by Christmastime I'll be able to have my 2nd cashout (I've set my payout limit to $50 this time). It's really a dog-eat-dog world when it comes to online marketing and especially in high-risk programs like hyips.
@GardenGerty (98195)
• United States
23 Jul 11
I tend to shy away from HYIP. I did put $25 in one promoted on Sidetick by a friend, but lost it immediately. Pretty much you do not put in what you cannot afford to lose.
1 person likes this
@Masihi (4228)
• Canada
24 Jul 11
Ya, exactly, very sound advise, thankfully it was only my online earnings that I lost, but still...
@sirnose (2440)
• United States
25 Jul 11
Masihi, I have never known of anyone to earn money from HYIP websites and the reason being is that they are all "Ponzi Schemes."It is good that you have seen the light about HYIP but if you must gamble you should just play the lottery it's better than giving your money to those scam artists.
1 person likes this
@Beaufly (994)
• United States
25 Jul 11
Masihi, if you want to get a good feel for what's going on with HYIP's, I would say go and hang out for a week or so on a forum like MMG. You can almost feel the anxiety and tension that surrounds these risky HYIP's. I will tell you this I got involved in one and broke even but what happens is you will see all of these people promoting them early, getting referrals and then once they have hit and are profiting. They are not re-investing with their own money but with their profits (made from refs) and smaller amounts. The idea behind many is to get in early and jump out quick (usually the first sign of distress or non-communication or problem). What I do not like is that many of these mentor-type folks jump in and promote these sites and some may or may not tell you they think it's going scam. To some of their defense, they may not know but from what I can tell, hyips thrive off of this kind of frenzy, build-up and excitement. I'll pass.