are you still trust in hyip site?

Philippines
November 14, 2012 9:58am CST
i joined some hyip this past few days and in the first run.. i earn money there, actually i doubled my money and my first 2 widrawals is smooth transact..ofcourse im happy for that... i started to invite some of my firends and get referals there... now i have many referals and i invest again in that hyip site.. the site goes down and cant open my account... badtrip.. i lost some money and my referals asking what happened to the site i given to them.. they starting to invest too, to that site... i only said them the site goes down and our money scammed.. "sorry thats part of online earnings site... sometimes we can earn and sometimes we lost money..." we search again some good site and this time we are smart.. invest what we can afford...
2 people like this
6 responses
@nykalex88 (243)
• Philippines
21 Nov 12
As I have posted here, almost 100% of HYIP's turns scam after few weeks or months. I think it uses the ponzi scheme like what happened to you. You doubled your money and your happy, so, you invited your friends to invest too in that site then the site suddenly disappear. That's really a ponzi scheme. There is no investment in that program, the money is only redistributed to the members.
• Philippines
16 Nov 12
Hey can you give some more details about this site... it would be better to put on more details about it since it's interesting to hear some other online earning opportunities. Thanks.
@aerous (13434)
• Philippines
14 Nov 12
Hello jhoms, Nice to meet you here and hope your doing fine at the same time. Well, I hyip is good enough if you know the process and you know when that site be fall into scam. As I experience into that kind of earning program. You need to be wise it comes into investing something. Because if your not wise enough being lure with the increase you earn and give a full swing of investment. That the time you are being scheme...
@swats89 (1729)
• India
15 Nov 12
You can join HYIP site but don't invest too much money in it. Invest money which you can afford to lose. Just withdraw money one's you reach minimum payout. In this way if site close too then you would lose much money. Cheers.
@mohkanari (1957)
• India
15 Nov 12
There is no magic in hands of any site to bring huge increase to the money collected from members above normal legit increase. These site pay from the amount collected from members joining later. Payments cease when they get some good fund. It is just a lucky chance to be got paid. I have lost a few dollars by trying to get high returns. So I am decided not to trust such sites, still offers of some sites make my mind tilted.
@mariaperalta (19073)
• Mexico
14 Nov 12
Ive never tried these kind of sites- Id like to some day. I know people who claim they earn well from them.