Can we get rich through HYIP
By hendritanbm
@hendritanbm (131)
Indonesia
July 8, 2009 8:36am CST
Hello all,
For this few months, I am getting to know about HYIP. HYIP stands for High Yield Investment Program. It means that when we invest our money in this program, it gives us high interest more than the bank can give. Some HYIP can give 1%, 2% or even 5% in a day. Think about it. If this program can give us just 1% a day, it means in 1 month we will get 30%. Example that you invest $100, a month later you will get $130. Imagine if invest $1000 or $10000. Oh, I can't imagine that we will get so rich.
3 responses
@Kowgirl (3490)
• United States
8 Jul 09
There is a strategy to using HYIPs to earn money. They are the most risky of ways to earn on the internet. Most people who try them go in with hundreds if not thousands of dollars then take their earnings and move on to the next and newest HYIP. I have used them on and off for a few years and have found them to be too risky to invest in if they are more than a few weeks old. You may not get rich with just one of these programs but you may if you use more than one and get in and out before they shut down. As always , never use money you can not afford to lose. Best of luck if you do try them. If you find a daily pay HYIP please share with us.
@alexzizi123 (307)
• United States
8 Jul 09
Unfortunately HYIP programs are a scam, but it is possible to make money before they close down. HYIP programs use the money that earlier users gave to them to pay other users, then once too many people are members, they close down, and the hundreds or thousands of members with money "invested" in the site lose their money.
