Investing money in HYIP sites, a risk ?
By alberello
@alberello (4752)
Italy
September 21, 2011 6:26am CST
Dear friends, MYLOTTER, I write this review because I am interested to invest my little capital that I have in my Paypal account on a secure site HYIP.
The decided about is not easy as reading in various forums that are on the network, many of them have the average duration of one year after becoming scamm and make you lose your investment. For example CHERRYSHARES which has become non-paying !
HYIP sites I choose because I do not know other systems on the web safe investments, but if by case you knew it the most secure at zero risk, I'll be very happy to follow your advice.
Know in advance that the last thing I want to happen to me is to lose everything, because with PTC sites and I put the various "ages" to earn some money on Paypal, so if in doubt, I think I to give up on.
Now therefore the word to you.... maybe if you have any good experience of investment sites, please let me know, I will listen to you.
Thank you all in advance regarding !!
4 responses
@suraj7nov (1736)
• India
21 Sep 11
alberello i hadnot tried any hyip also,but after gathering some information i have to tell u that yes some hyip pays,but they donot last longer maximum to 1-2years,so what u have to do is search that hyip which is doing good at that time period,never put your all money,take your investment as fast as possible.
at the moment i will advise you three sites which are jss tripler,uinvest.com,and primfix
@alberello (4752)
• Italy
21 Sep 11
Ah, ok, hoverer hearding the response of other users on this topic for me is necessary to convert my money from Paypal to Alertpay, aren't you ?
@louievill (28851)
• Philippines
22 Sep 11
@suraj7nov , be careful with primfix , although most monitoring sites say that they are "paying", there are already several that are posting "problem" or "not paying" , one of them is hyipnews . I look at a little less than 20 monitoring sites before I invest or reinvest and having 3 to 4 negatives for a site is already a bad sign. My point is to show how volatile these types of venture are, paying just a couple of days then they would stop paying to some then stop paying altogether
, I also want to point out the importance of research and monitoring continually if you want to go into this kind of venture. I'm a member of primfix and good I have no money there.
, I also want to point out the importance of research and monitoring continually if you want to go into this kind of venture. I'm a member of primfix and good I have no money there.
@yallit (3677)
• Philippines
22 Sep 11
You can't directly transfer your money from Paypal to Alertpay but in order to join HYIP or money-cycler programs, you do need an Alertpay account. The only allowed option for you to transfer money from your Paypal account to an Alertpay account is by withdrawing your money from Paypal to your bank account, then, depositing that amount to your Alertpay account.
@yallit (3677)
• Philippines
21 Sep 11
First of all, no HYIP sites use Paypal since Paypal won't allow them and will only have their accounts frozen.
My answer to your question about risk on investing on HYIP sites, the answer is YES and that also goes to any other investment programs. There's always a risk of losing that hard earned money. That's why the golden rule when it comes to investment is, "Invest only what you can afford to lose."
From the online investment programs, the riskiest are HYIP sites because they mostly operate on ponzi type scheme. Some say they reinvest the funds of members on Forex, casinos and other lucrative money making programs but most just use the funds from new investors to pay for the older ones.
A milder version of HYIP are the daily % cyclers like Bi-24, Ricochet Riches, DailyPayer, JSS-Tripler among others. These sites usually give out 2% daily returns from your investment. They are mostly capped at 150-200% ROI.
If you're going to push through with investing on investment programs, you'll need to do a lot of reading. Check forums and blogs that discuss about the site you joined from time to time in order to check if the site you invested on is already on the verge of becoming a scam. Also, use Alertpay and try to educate yourself about their dispute policy.
@alberello (4752)
• Italy
21 Sep 11
Ok, my friend, then please read my answer sent to "suraj7nov" and response me YES or NO. Thank you
@stephcjh (38473)
• United States
21 Sep 11
I used one of these sites before and they did give me a return a couple of times. I started to trust them and invested alot with them the third time around. They then closed down and took my money.
@louievill (28851)
• Philippines
21 Sep 11
Hi, I would like to clarify certain matters, first paypal does not accept HYIP sites, if paypal finds out that a site is engaged in Hyips or gambling. the account gets frozen, so obviously you would not see any hyip or gambling site that uses PP as payment processor, it is mostly Alertpay, Liberty Reserve or Solid trust.(you cannot use that paypal money of yours to invest in hyip unless you convert but that is complicated and another topic)
The second thing I would like to clarify is "there is no such thing as a safe or secure hyip", all of them are risky or have risks involved so do not invest all your money in your account. The best practice is to follow hyip monitors and see if the site is paying although this is no guarantee. If there is such a thing as secure hyip, I will be very rich by now
cause I will put all my money there, since this is not the case, I only put in a few dollars on sites that I picked from my research. I give myself a limit, only up to 10 dollars per site, and usually it is just 2 up to 5. Do not put all your money or money you cannot afford to lose in hyip or else you will be sorry ( just a friendly advice) Good luck and hope your money earns
cause I will put all my money there, since this is not the case, I only put in a few dollars on sites that I picked from my research. I give myself a limit, only up to 10 dollars per site, and usually it is just 2 up to 5. Do not put all your money or money you cannot afford to lose in hyip or else you will be sorry ( just a friendly advice) Good luck and hope your money earns
