hyip?

United States
February 6, 2009 7:46am CST
Has anyone here tried High Yield Investment Programs... and if so which one(s) worked for you?
1 person likes this
4 responses
@eichs1 (1934)
• Philippines
6 Feb 09
HYIP and Autosurfs are very risky in my opinion. Admins claim that they are putting the funds in safe, high-paying investments. But the return to the member's upgrading are unbelievable. What investment in the real world can give you a 130-200% ROI in 12 days? I did join one HYIP site and I was lucky to get back my investment. I actually earned a profit but when I re-invested it back, the site went pfffttt. I tried more sites but more bad experiences made me completely lost interest from these type of money making. An acquaintance said I can gain profit if I invest early. I followed his tip but unfortunately, two sites where I invested early closed without paying anybody. I tried another technique - the wait for the payment proof type - but got the same result. I waited for the first payment proof to be posted in a particular site before investing. On the site's 20th day, it went off line so I never got back my investment.
• United States
6 Feb 09
HYIP are very risky, but the return is great. THe trick, I believe to HYIPs are to get in early and make sure it appears to be professional. Most of them turn out to be scams but they have to build a reputation to get people to invest a lot of money into them. From what I have seen though, a lot of them are scams. Just do your research beforehand.
@become (89)
• United States
6 Feb 09
Nope. I have not tried any that were successful. If we collaborate together we may be able to find the next one or be part of one where we cash out in time.
6 Feb 09
I've tried several of them in the past and none of them is still around. The "best" one I joined was Eurotrade, I was a member for 6 months in this long running program and actually made enough to withdraw my deposit, it gained a good reputation but in the end, ran off with all the money. I don't think there are any good HYIPs, I think it depends on Your strategy, You can make money but only if You get the timing right, wait too long and You will lose everything.