What in the World is HYIP

India
April 22, 2010 5:54am CST
I have been hearing about this HYIP thing all over the internet. All I could find was that it stands for high yield investment program. Could someone tell me more about what it is. Is it risky. Can you invest amounts like $1. Does anyone know a good site for investing. No spam or sites you do not actually know are safe. Because I value my money.
2 people like this
7 responses
@Ruskim (37)
• Norway
22 Apr 10
As the name suggests its a high yielding investment program that usually promises high returns after a very short time most are scams and its very difficult to find a genuine program,so go to hyip.com and go thru the forum talk wit the members who invest n they will let u knw which are scams which are not
2 people like this
@ivansama (758)
• Bulgaria
22 Apr 10
A high-yield investment program (HYIP) is a type of Ponzi scheme, which is an investment scam that promises an unsustainably high return on investment by paying previous investors with the money invested by newcomers. lame stuff
2 people like this
@ucl800 (860)
• Greece
22 Apr 10
I was in the HYIP indistry for a while and I can asure you that they are all scams. They do not invest your money, what they do is a Ponzi game (which is illegal). I propose to find other ways to make money online
• India
30 Apr 10
99% of hyips are scams... but that doesent mean you cannot make money from it, you should first study how they operate and then invest money you can afford to loose. you can take it just like a game and its not suitable for serious investors. i have invested and still investing hyips, if you know how to play you will make money or you will loose it to better players.
@Hatley (163781)
• Garden Grove, California
23 Apr 10
pranayhwhizmachine its a ponzi scheme which is really illegal and a scam so do not get involved also a multilevel marketing scheme, do not get involved as its a real scam only a few people at the very top will make money and they are doing it illegally anyway.you do not want to get involved in something like that.
• Canada
22 Apr 10
As everybody says, its a scam. Unless you're one of the first to invest, then you might and I say "might" get your money but then you have to get out FAST because it'll fall down and you lose.
• Bulgaria
22 Apr 10
There are no legitimate HYIP sites. All HYIP sites are scams and collapse sooner or later. Thats why you never know when site will be closed and they will run with your money. If you value your money, you will not want to gamble with hem on these scammers.