Do you invest your money in HYIP sites ?Did you ever suffer a loss of money ?

@tuyakiki (3016)
India
May 24, 2010 7:05pm CST
Hi Mylotters!! Ever invested in any of the HYIP websites?I would never invest my hard earned money in these so called hyip aka ponzi scams which pay intially and then try to make some money and turn scam.Its been the same with Genius funds which turned scam few months ago---and few of my online friends invested money in that site like crazies dreaming to make a fortune once the tenure period ends.But they ended with a big loss.Did you ever suffer a loss of money ? Please share...It may prove helpful for other Mylotters!!
5 responses
@de_toya (2429)
• Indonesia
25 May 10
I used to invested my money in HYIP. I invested my money in GeniusFunds, NanomoneyCorp, Panamoney, Verifield, Stable Interest, and HYIFund. All of those hyip have gone. Totally, I have loss my money amount $200. I don't want to invest my money in HYIP anymore.
@katkat (2378)
• Philippines
26 May 10
I know someone who earns pretty good in geniusfunds before they close down.
@de_toya (2429)
• Indonesia
26 May 10
Yeah, I made mistake, especially when investing in nanomoneycorp. The contract was 1 month long. I should invest only the profit at the next period, but I was too greedy. I even add more funds and invest all for the new plan. But in the GeniusFunds and Panamoney, I never at the end of contract when they was gone. About panamoney.net, are you sure they are still trading and paying? Do you invest your money there? I've not be able to access the site for more than two weeks. I didn't see it in hyip forum like goldpoll and hyp.com. Before they gone, they became the first rank in both hyip monitor. Please tell me about panamoney.net if you have other information. Thank you.
• South Africa
25 May 10
You need to invest with a different strategy when you invest with hyip's or forex, at the start invest as much as you can afford then withdraw the earnings daily or every cpl of days until you have recouped your initial investment, then just leave the rest in until the term ends that way if the do crash you would have at least gotten your investmnet back and just lost profit, that is what I do. ARE YOU SURE PANAMONEY HAS GONE BECAUSE THEY ARE STILL TRADING AND PAYING OUT ?
@trose7 (243)
• United States
25 May 10
I invested $100 in Genius funds and lost it. I invested $6 in HYIFund and lost it. I invested $20 in Lexx-funds and lost it. I invested $5 in Verifield and lost it. There's a pattern. HYIP's are risky! I will no longer participate in them, but if you get lucky the earnings can be great.
@tuyakiki (3016)
• India
25 May 10
(TO BOTH)Thanks for participating in my discussion.
• South Africa
25 May 10
Wow you have been unlucky, I am with a good one (its on my site) and am doing quite well so far, the trick is to do one thats either 120 to 200 day investment and then withdraw your earnings daily or every cpl of days until you get your investment out then just leave the rest in for the term then i take a bit of the profit and re-invest the rest that way I am in profit and in a way just investin their own money so if they do crash i am not out of pocket.
@duranv (516)
• Honduras
25 May 10
I have invested a little, not much, and have nearly always lost. I think the only way to win with these programs is to be able to join them when they are just starting and stick with thme for at the most 2 months.
@tuyakiki (3016)
• India
25 May 10
Thanks for sharing... Did you earn from it or you lose money???
@hulaboy (319)
• Micronesia
25 May 10
I have pondered the idea of investing in one of the HYIP websites but then changed my mind. HYIPs are not very trusted....they claim to have a high return but i don't believe them.
• South Africa
25 May 10
Hi there, I use HYIP's and Forex and you can earn real good if you invest wisely one i am currently with is paying me 1.7%PER DAY on my investment, they are known to be high risk and I have lost some money in the past but also have made some real good money the trick is to invest only what you can afford to lose if it came to that and then withdraw your profit daily or every few days until you have had back your initial investment and from then on leave your profit in until the term is up where you will have a choice to take it all out or re-invest remembering that you have had your invesment back the profit I re-invest and if they do crash at least you have had your money back and just lost their money in a way.There is a good one on my site that I am using at the moment and the minimum investment is only $15 but the more you invest the better your return. I hope that gives you a better idea about it,please browse my site and you can see for yourself. Ther are other sites on there you may prefer. regards Dr CoolCat
@tuyakiki (3016)
• India
25 May 10
You are right,its hard to believe them.. Thanks for posting.
@nancy0618 (477)
• Philippines
25 May 10
I have'nt tried investing on HyIp, but I am entertaining the idea on investing on one of them but I am not sure where I would put it... I still have to do some searching before investing it.
@tuyakiki (3016)
• India
25 May 10
That's great. Have a good search! Thanks for posting.