What is HYIP?
By richboy7
@richboy7 (276)
Thailand
10 responses
@meeandnotyou (2548)
• United States
10 Feb 07
High Yield Invetment Program you can read all about them at: http://en.wikipedia.org/wiki/HYIP
Take a look and you will see all of the information that you need!!
Just be very careful since the HYIP programs are almost all scams and even the ligitment ones become scams after a little while!!
Have a great day!!
@freedomwave (8)
• United States
10 Feb 07
I agree 100%. You can make money with them but you are taking a BIG risk. Many start out with good intentions but usually drop the ball and run. Those who make out better than others are those who get in early, make their profits the duration if the program - actually milk it while it lasts and end up loosing the last investment. By that time, they have made a very nice profit from the system.... One of the biggest and most trusted for a long time was a Central American HYIP named "Solid Investments". They were the model investment HYIP for years and even they shut down and fled with what was in the kitty... they had millions.
3 people like this
@meeandnotyou (2548)
• United States
10 Feb 07
You are very true about the HYIP programs. I have made some extra money off of HYIP programs and the key is to get in early and withdraw the initial investment as soon as you can make a deposit with the interest. That way you are playing with their money not your's. You have to be very smart and not loose your head when playing with ponzi-scams.
Withdraw often is the key to making money on these sites rather than just letting it grow since it is better to make 500 than to loose the whole 1500 of interest.
Thank you for the BEST RESPONSE and have a great day!!
@cashnono (1135)
• Hong Kong
10 Feb 07
HYIP stands for High Yield Investment Program. It gained popularity when e-currencies such as e-gold was introduced.
HYIPs allow investors to invest even in a very small quantity, making the program very popular and easy to follow. As with other investments, high gain means high risk. Many HYIP programs were proven to be scams.
2 people like this
@maryannemax (12156)
• Sweden
10 Feb 07
most really are just scams. and it hurts when one loses money because of this unfriendly sites. but it's still up for us to decide. never rush into things. i rushed once and i will never rush again. earnings aren't that great but the good thing is that you get your interests as promised (that is, if the site is legitimate and i found one).
2 people like this
@maryannemax (12156)
• Sweden
10 Feb 07
High Yield Investment Program. it's not just high yield but it's also high risk.
i had been scammed once. and i lost 5 dollars. i just tried it and boom...there it went. no more 5 dollars for me.
but i did not give up. lesson learned, never rush into decision making. learn the process, read everything about the company and try to do some few researches, too.
and finally, i got lucky last january when i found this site. they don't really pay high interests but i say, they pay good interests. after a month of being on that site, my 75 dollars turned to 122 dollars. ofcourse, i played with some of their plans. i reinvested and i'm doing good. not too big, but it's still money.
the good thing is their instant withdrawal process. they pay you instantly upon request of withdrawal(transfer to your e-gold account) after a plan has matured. and i love the system. easy to follow and easy to understand.
@huanghaozi (1472)
• Egypt
11 Feb 07
HYIP,which stands for High Yield Investment Program, is a program which offers high yield investment .It is the most profitable investment program offering interest rates ranging anywhere between 5 – 250% a month.
HYIP's are using different investment strategies to generate high returns. They are involved in capital management, such as Forex trading, stock exchange, sports betting, metal trading etc. There are even HYIPs investing in other HYIPs. There are also programs that are not investing at all. These belong to the scammers.
High Yield Investment Programs carry their daily activites via the Internet. They typically accept investments of $10 or less while promising high returns.
E-gold is the easiest and the most effective system of international electronic settlements. It is optimal for participation in high yield investment programs as it makes it possible to get the earned money instantly.As it is suitable form of online payment system that works around the globe, HYIPs operate worldwide and accept large numbers of small investments.
Most High Yield Investment Programs do not survive for very long, turning out to be a scam. Scam HYIPs are Ponzi schemes.A Ponzi scheme is an investment operation that involves paying abnormally high returns ("profits") to investors out of the money paid in by subsequent investors, rather than from net revenues generated by any real business.This approach allows the scam to continue as long as new investors are found and/or old investors leave their money in the scheme, known as compounding (because even higher profits are promised).
Taking both the negative and positive aspects of High Yield Investments into consideration, the conclusion is; if done right, High Yield Investments can be extremely lucrative.
If you are considering on making an investment in a HYIP be certain to do diligent research first. You should also learn the HYIP techniques and strategies to come up with nice return on your investment.
1 person likes this
@Psychodaly (106)
• Israel
10 Feb 07
I didn't know what it is also.
Thanks for comments guys now I think I know.
1 person likes this
@xeron0719 (810)
• Hong Kong
10 Feb 07
HYIP stands for High Yield Investment Program. They are some risky online investment site.
I suggested you to invest in this site if you have interest. Please view this topic for detials:
http://www.mylot.com/w/discussions/747963.aspx
This site offer a 110% after 1 second tester plan. Take the chance to earn some e-gold there!
1 person likes this
@bashiriqbal (228)
• Pakistan
10 Feb 07
HYIP (High yeild investment program) is a good way to earn money or a good way to loose money its a very big risk and most hyip's are scam so be carefull.
http://bash.reallifelog.com
@evilunion34 (157)
• China
10 Feb 07
The asked is used to me. Thank you for you make this discussions.I think I can learn something here.
1 person likes this
