Rotators and Cyclers -- The New HYIP?

Philippines
January 12, 2008 9:15pm CST
I've been seeing cycler sites and such on ads these days. I decided to check one out and it seems like the system is similar to HYIP. Do you think this is a new scamming system, or maybe cyclers are working for you?
2 responses
@mistissa (1349)
• Netherlands
13 Jan 08
I have been in cyclers myself too, and it is really working out for me. It is the first thing online which really makes me good money. It is nothing at all like HYIP. It is indeed a cycle. You sign up and buy into a certain line for instance a $1 when 2 or 3 other people do the same you will get paid. Your payment will make you extra money for example there is a ROI of 200%, you will make $2 out of your $1. You get paid with the last person who signs up money. And then it starts all over again. When you get paid, another person will be the next in line. I have a link to a good cycler in my profile if you are interested.
1 person likes this
• United States
13 Jan 08
I have a question and a response. First, what is HYIP? For a while I heard a lot about those, but I never really got into them as they seemed either too complicated or expensive. Now I don't see anything about HYIP unless its a traffic site saying they don't accept them. You can make money off cyclers, but its best to just leave them alone. A cycler is no more than a chain letter really, that people pay money into. If you get in early, before it becomes popular, you can stand to make a little money, but it won't last, because the way the payment scheme it, it basically destroys itself once it gets too many people in it. Also, I wouldn't attach your good name to a cycler, because the people who get in late, and don't make money because the pay structure collapsed, are going to holler scam, and since your name was attached to it, its basically a scarlet letter against anything else you try to do.
1 person likes this