hyip - Do you think they are worth it?
April 16, 2010 1:35am CST
Recently, I started thinking about hyip schemes and sites. I did go through a few forums and found out some that seem to be paying right now (not scams). I then checked Google and also WOT (web of trust) to ensure that the sites I was considering, did not have any bad reviews. Before I venture into any of them, I just wanted to know, if you have had good experiences with them .. or are they as bad as PTC sites? Any feedback would be appreciated!
• United Kingdom
16 Apr 10
Hey there gorgeous. You gotta be careful with HYIP programs. They most trustful ones are the ones that say 0.5% - 1% daily profit as a trial. The ones that speak about 500% and stuff like that are scams! Just to understand, if you can make the double in 100 days then it's a trustworthy one. The bad thing is that 99% of all HYIP are scam so it's a tough research you gotta do :(
16 Apr 10
Aww hunnie. Nice of you to drop by.lol. When I started earning online about a year or so ago, I encountered 2-3 scammers. Luckily, I had not put in any money. So it was a nice little lesson I learnt. So now, I do my homework. I check out WOT, forums, look for really recent payment proof screenshots (like from a day or two ago), read blog posts and so on. Plus, sites that say anything above 2-3% are definitely scammers, as you pointed out. Now to more interesting things- Did the dog give you a dirty look today, coz you stole his money? The truth! LOL
16 Apr 10
Most of HYIP's are scams. About 99% of them. I say this because, if you will verify the name of the company, the nature of their business, with the country they claimed they are registered with, the governments will deny them. If they happen to be registered, they are only registered as companies and are not licensed to sell investment products. Just like Genius Funds. At first, Genius Funds was doing good. They were paying investors on time and no problem with logging in. But when some investors started to check them out with Cyprus government, then with Canadian and the U.S. government, things started to change. The governments denied its legitimacy to sell investment products. Then the government people stepped in. When the government steps in, it is a signal for the owners of Genius Funds to run away and hide. That's the start of the big nightmare for the investors. I hope you learn from this. Of course, at first, if you check them with WOT, you will not find any bad review. Just wait for the government people to step in, and you will start to see bad reviews.
• Lapu-Lapu City, Philippines
16 Apr 10
not so long ago today, i came to read and responded to a discussion about hyip. and what i have learnt, as i am not a member of any hyip so i do not know about that program, is that his trusted program before incidentally turned into a scam. so i thought, that even if i found mylot is slow in earnings, as they say, so i also thought of joining other sites aside from mylot, to be able to earn more extra money online, i said, i still stick on mylot and remain with the site alone. i just don't want to waste my time with other sites, which eventually will just be a scam in the future, so i'd rather spend most of my time on here.