Just got paid by a HYIP, now what?
By louievill
@louievill (28846)
Philippines
August 28, 2011 9:31am CST
I joined a HYIP (high yield investment program) and just got paid (my first time to do this), searched the internet and mylot and all I got were warnings that it's a ponzzi scheme etc... I know that so this discussion is not really about this, I invested money that I could really afford to lose, soso dollars that is in my Alertpay that I have really nothing else to do with. So now being up (money wise), do you think there is a way to beat the system? I'm a businessman so I do not really care if I lose 50 cents but gain a dollar besides I would not really bet everything in and it is just some waiting time
, it's like a study I want to do if the little money I have will grow or lose, so any tips? any of you there into hyip gaining instead of losing? How do you play your game? I did some research work too, could you share your experience
, it's like a study I want to do if the little money I have will grow or lose, so any tips? any of you there into hyip gaining instead of losing? How do you play your game? I did some research work too, could you share your experience4 responses
@yallit (3677)
• Philippines
29 Aug 11
The best route to take on ANY investment programs is to take your seed money out as quickly as possible, then, play with your profits. As for HYIP, you need to check how long the site has been operating. Most HYIP sites fold after reaching their 100th day.
I'm not into HYIP but more on to money-cycler programs. So far, I've been successful with them. I only join money-cycler programs that allow you to earn without the need of sponsoring. There are some money-cyclers that offer 2% daily returns like JBP and they work out just fine for me.
@louievill (28846)
• Philippines
29 Aug 11
yes I agree, did that already, I got out the interest plus the principal ( as advised from my research), and you know why? Because Alertpay has 30 days where you can dispute in case they scam, if you just get the interest then the principal will stay there longer than 30 days from the time you deposited it.
What's a money-cyder program bro? You have been successful? How do you go about it and can you teach me how? What's JBL? Is it a site? Come on you caught my curiosity
@louievill (28846)
• Philippines
30 Aug 11
Thanks yalit for enlightening me on the subject, so as you said you are earning from it? Have you ever been scammed by a similar program? I think paypal would be a better payment processor here cause 75 days is quite a long time, and I think pp has a charge back time of 120 days in case the program scams.
@yallit (3677)
• Philippines
29 Aug 11
% Daily Money-cyclers are a milder form of HYIP. Basically Money-cyclers were you're usual MLM programs but some of them have evolved where they now give a guaranteed daily earnings. They're much more stable than HYIP.
JustBeenPaid (JBP) is the current leader of these money-cyclers. It has 5 programs. One of them is the JSS-Tripler which earns you 2% daily. For a low $10 investment, you'll be purchasing a position (like a share). That position will give you $0.2 daily for 75 days or a total of $15 earnings. Once you've reached that amount you're position expires. Now, upgraded members in JBP get a bonus of 1 position to their other program called JSS when you have 4 positions that expire. That JSS position will earn you another $60 once your 2X2 matrix has been filled out. Filling out your matrix may take a long time though. The good thing about the site is that it has a Restart Feature. The reason why HYIP sites and other money-cyclers are being avoided by most people is because there would be a time when the incoming investments can no longer sustain the payments for its members. And that's the time when a site turns scam. JBP's Restart Feature avoids that. When the 'kill point' has been reached, the program will be restarted. The existing positions in the program are computed and members will be paid partially in cash and in JSS positions. So, no one loses. From there, everyone will have to start building their number of positions again. You can use the cash paid back to you to start accumulating your number of positions once more.
@seobuzz (1120)
• India
29 Aug 11
As you have got paid by a HYIP that means you have got back the money you invested. So my advice will be to find more such sites and invest into them. As you got money from a HYIP, your confidence will be much higher. And you can invest the money which you don't care if you loose it.
So make some research on internet about more HYIPs and similar sites and invest into them. Also you can again invest into that site which already paid you. Hope you will get success again
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And don't forget to share the story here.
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And don't forget to share the story here.@louievill (28846)
• Philippines
29 Aug 11
Yes, in fact I am waiting for a few more to pay me, if this happens, most of the money would come from the interest, it's like the old saying " fry them in their own oil ", that money is easier to lose than money from your own pocket, yes I continue to do research and and pick sites the best i can before deciding to invest again and I have already reinvested on the same site, yes will let you all know
", that money is easier to lose than money from your own pocket, yes I continue to do research and and pick sites the best i can before deciding to invest again and I have already reinvested on the same site, yes will let you all know@seobuzz (1120)
• India
30 Aug 11
And we will be waiting to see the response from your investment. When someone in mylot recommends something, it is easier to believe, at least for me . Because mylot is a respected community and most of the member here can be trusted blindly, just like you. Because I know members like you always shares the true story here (that is what I like most about mylot).
Wishing you best of luck for your investment
. Because mylot is a respected community and most of the member here can be trusted blindly, just like you. Because I know members like you always shares the true story here (that is what I like most about mylot).
Wishing you best of luck for your investment
@echomonster (2225)
• Greenwood, Mississippi
28 Aug 11
Congrats on your cashout! I'm skeptical of anyone who claims they profit from HYIPs consistently, but some say they do. My opinion, though, is that it mainly comes down to luck. You can do your best by taking note of what information is available (is the site still paying withdrawls promptly, how long has it been going, does the site still seem to be growing/attracting new investments, etc), but you can't really know what exactly is in the mind of the operator. If you want a challenging and expensive hobby that might be financially rewarding from time to time, then I guess HYIPs are not such a bad choice...but I don't think it's a good way to make money in the long term. Good luck if you keep up with it, though!
If you like doing the research required to keep up on the HYIP scene, you might find you'll enjoy investing in the stock market more. Not only is good information on public companies more widely available compared to HYIPs, but there also isn't such an antagonistic relationship between the investor and management -- if a company's stock price goes up, this is a good thing for both parties! There's still an element of intrigue in stock investing since companies aren't always completely honest about their true financial situation and outlook. Of course you probably will need a bit more money to get going in stocks...
@louievill (28846)
• Philippines
29 Aug 11
oh thank you for the congrats, yes I don't plan to make money at a constant basis, it's like make some and lose some, but the make should always be ahead of the lose, true it's very challenging but not expensive all the time, there are hyips that start out with a dollar investment and I never really plan to make it a milking cow in the long term, you are right, these folks are wiser than us and make us the milking cow instead LOL.
Yeah thank you for telling me about stocks, planning to do that too soon as I learn more about how to go about it since my knowledge i must admit is very limited.
, yes I don't plan to make money at a constant basis, it's like make some and lose some, but the make should always be ahead of the lose, true it's very challenging but not expensive all the time, there are hyips that start out with a dollar investment and I never really plan to make it a milking cow in the long term, you are right, these folks are wiser than us and make us the milking cow instead LOL.
Yeah thank you for telling me about stocks, planning to do that too soon as I learn more about how to go about it since my knowledge i must admit is very limited.
@isloooboy (1733)
• United Arab Emirates
29 Aug 11
Let say first thing first :
Do not reinvest in this hyip through their account control panel, always get payout and than reinvest through Alertpay again "why"? because Alertpay will get your scam money from that kind of hyips if you invested directly from Alertpay. So keep this in mind. One of my friend lost almost $150 by reinvestment through hyip account so dont do the same mistake which he done.
second So get as much profit from them as you can but do what I told you but after 12 days of the hyip go for latest and new hyip :D
@louievill (28846)
• Philippines
29 Aug 11
yeah I already did that bro, I got my money plus the interest back to my paypal and reinvested fresh again so I could avail of the 30 day alertpay dispute. Although I have a Liberty reserve account, I do not use it since it has no charge back, once you give them the money through LR, then that's it, no way getting it back when the program scams
and the money exchanger thing is quite confusing
. I would not join a HYIP that is more than 30 days and does not use AP as payment processor.
I'm really sorry for your friend who lost the 150 dollars, think he did not ask your advise or posted in Mylot
and the money exchanger thing is quite confusing. I would not join a HYIP that is more than 30 days and does not use AP as payment processor.
I'm really sorry for your friend who lost the 150 dollars, think he did not ask your advise or posted in Mylot