Confused concepts of HIYP !

Hiyp - what exactly is it ?
India
April 22, 2010 10:16pm CST
HIYP - that is the word that hit my eyes frequently in Mylot . I ma rather confused and don't know what exactly is it. I tried researching on wikipedia but it is rather too technical and far beyond my understanding. MY QUESTION TO YOU GUYS IS - Can you explain HIYP in simple terms ?
2 responses
Alvals
@Alvals (264)
• Latvia
23 Apr 10
Its a pyramid where most users loose their money but some will earn decent amount (trust me, you will loose :)).
beachdune
@beachdune (907)
• India
23 Apr 10
Tell me more clearly , how does one earn money in that ?
de_toya
@de_toya (2429)
• Indonesia
23 Apr 10
HYIP is stands for High Yield Investment Program. We get paid buy invest some money there. There many kind of HYIP depend on how do they manage our money and how do they pay us. If they use new member's money to pay earlier member, then this HYIP is called fonzi or pyramid scheme. Matrix 2 x 2 or anything like that is a kind of this site. This kind of site will pay us as long as they get new members. I avoid this HYIP. Another type of HYIP is real investment site. They manage your money very well in stock trading or in forex. This kind of HYIP usually exist for long time rather than fonzy HYIP. But we can't guarantee. All HYIP will be bale to be scam site easily.