please help me!
By johnnykay
@johnnykay (1056)
Hungary
January 9, 2010 9:23am CST
hey all!i registered to this site "HYIfund.com" a feww weeks ago.. they gave me $2.5 as starting investment and they said, i can't withdraw my earnings until i invest at least $1... i invested $1 trough alertpay. i read on the site, that there's no inimum amount to withdraw.. so... i want to withdraw my money to alertpay, right? but, there's no money in my "available cash balance" just in my "total interest earned to date".. i guess there'll be a conversation date, when they will convert my interests into my account balance... but when? and will i be able then to withdraw the money to my alertpay account? i heard that these kind of sites are offering one month investment plans, so i guess if i registered on dec 22, then i can withdraw my money on jan 22... do i know it right? is this site paying??? i know i'm writing too long, but i want to be 100% sure that i get at least my one invested dollar back! if anyone is a member of this site, then please help me answering my questions!!!thank you very much! have a nice day all!:)
1 person likes this
13 responses
@champrocker (879)
• India
9 Jan 10
Hello Friend , I have also opened an account in this website but did not invest as yet. There is another member at mylot who says that he will be reaching $1 as interest earned soon. So he says that he will invest $1 in this site and would try to cashout. Now one thing which is written in the site TOS is that once you invest something that part of investment will be blocked and it will not be allowed to cashout anytime. Only the interest part will be allowed to cashout . So I am also waiting for that mylot member to cashout and give some details , if he is able to get the money , i would surely share everything with you . For now I can only hope that you could get your money back and you are not scammed . Today however I read in the EMS forum that this site is paying so I was somewhat relaxed but after reading your problem I am again doubtful.
@sergeantrom (5721)
• United States
9 Jan 10
I dont belong to this site but sounds interesting. Good advice you gave poster. I did not see a forum on this site either. Why not have a forum so you can discuss with other members to learn? Like you, I would hold out on investing for some time until we hear from fellow mylotters on the payouts. What I dont understand about this site is what exactly are you investing IN????? Looks like a fancy site for money recycling? 
@johnnykay (1056)
• Hungary
9 Jan 10
@sergeant: well, i guess they're doing forex... or something wich makes more money from money...:D
@champrocker: i meant that i want to earn as much from interests that amount i invested in this site... so i want to withdraw at least a dollar earning!:)
have a nice day all and thanks for the responses!:)
@champrocker (879)
• India
9 Jan 10
Hi , Even I was thinking that under which category is this site working for creating money. Well mostly HYIP's work on Forex to generate interest but the genuine sites show this information very clearly , like you take the example of Genius Funds. The site gave $2.5 as signup bonus and is also paying interest on it and then it claims that if we invest minimum $1 ,w e can cashout the interest part so this working seems to be very confusing and difficult to believe .
@junis05 (2)
• United States
9 Jan 10
Hi Johnnykay, try this: go to your Account Settings, scroll down to Compound Interest and select "No". Then all future interest will go to your Available Cash Balance and you will be able to withdraw from there. I'm not sure if AlertPay will charge us a fee for that or not. Best of luck to you!
@johnnykay (1056)
• Hungary
9 Jan 10
do not feel beaten! i read every kind of respond with pleasure, even if you repeats the solution of my problem!:D
thank you! and welcome on mylot!:) i'm happy that you've posted your first response to my discussion!:)
@aprilten (1966)
• Philippines
15 May 10
First, I wonder how you are able to invest $1 via alertpay because what I know is that the minimum investment via alertpay is $5. I know that as a first hand experience because I tried investing $1 and it says that I can invest a minimum of $5 using alertpay.
Anyway, I want to warn you about hyifund because up to now they haven't deposited my withdrawal of $1.08, that was the earning of my investment. Then when I login several couple of days ago, my investment disappeared including the $2.50 they gave me. And when before there was a note on my peding withdrawal, now there's none. In other my investment of $5, the $2.50 from and the toal interest earned of $1.08 are all gone.
I wrote them about it and the email I got from said they they had trouble with alertpay and they are not accepting investment via alertpay anymore. Okay, well taken, but how about my investment?
So, I think that hyifund is a scam. So stop investing in hyifund.
@johnnykay (1056)
• Hungary
15 May 10
they said that one should invest $1 to be able to cashout the interest of the (total) $3.50! that was the plan not to get all their money sucked for "free" (so noone could have cashed out the interest of the $2.50 what the site gave). That's why I invested only a single dollar... I was able I had no problem investing only that $1...
have a nice day! Of course I won't invest! :)
@johnnykay (1056)
• Hungary
24 Jan 10
of course I will! if I'll be succesful with it..;-)
have a nice day and thanks for the comment!
@asfiona (174)
• India
10 Jan 10
I have no idea about that site but its always safer to find out whether it is legit or scam before you join in any site. Before i use to join in so many sites which is not paying one. But now befor i join i sear in sear engine and if i'm sure and found that it is legit only then i join. All the best
@johnnykay (1056)
• Hungary
10 Jan 10
thanks for the response! i search for reviews always before i join to a site, it happened with HYIFund too, and i saw that it is paying!
have a nice day!
@magicalboy (166)
• Pakistan
25 Jan 10
i see ur discussion.and being a member of hyifund i thought i can help.first thing the site is paying.they give you 2.5$ in your account and you need to invest 1$to get cashout you can only cashout the interest ur investment is for life time.
now ur problem is you cant see ur money in the available cash balance?for this you have to do a simple thing login and go to account and select "NO" in the "COMPOUND INTEREST".As far ur payment concern as you invested by ap so you can only withdraw money when you accumulated 1$.
hopes it clears!
happy mylotting!
@johnnykay (1056)
• Hungary
25 Jan 10
thank you magicalboy! you helped me very much!
have a nice day!
@smileonstar (4007)
• United States
9 Jan 10
Hello,
Im sorry that I am not a member of that site. But I just want to share some information for you. If you have any money in your Alertpay then you should be able to withdrawal the money. Do you see any available balance in your account? if so then YES, if nothing there Then NO. some site won't pay you back until you reach 30day(you know their pay day). And the same thing here... if you reach to the payout but it is not the day of payday then you will not be able to take the money either... also Mylot will transfer money to your account directly if you reach to payout. hope it helps
@Bethany1202 (3431)
• United States
9 Jan 10
There should be somewhere that states on a FAQs page or in their terms that gives you all that information, or you should contact them for the appropriate response.
As for me, I personally do not trust any of those sites so I would never even invest a penny! I think they are all scams, but I wish you the best of luck!
Let us know how it turns out and if and when you get your cash back, and how much you earned with your "investment."
@johnnykay (1056)
• Hungary
9 Jan 10
thanks for the response! of course, if i get money from the site, i'll share my success in an other discussion!:) i really hope it'll happen!:)
have a nice day!
• China
10 Jan 10
Yes, you need wait for the admin to do that manually.
@babshish (1387)
• India
9 Jan 10
Hi, I am member of this site, since a month now, and got all the positive reviews about this till date, but still I want to confirm it myself so will be taking the risk of investing a dollar soon. First thing about your doubt, is you must have keep the "Compound Intrest" setting to YES in your account setting and because of that you are not able to see the cash balance and you intrest is getting automatically allocated to investment. So change this setting to NO first and then you will see your cash balance increasing daily with the intrest. Hope this helps.
@johnnykay (1056)
• Hungary
9 Jan 10
ohh.. yes it was set to YES! thanks for the recommendation! i think a dollar is not that big prize to have fear to invest... but it's your dollar! i don't say to invest it immediately! i did it and i hope (with your advice) i can withdraw some money from the site! i added you as a friend, so i'll PM you if the site is legit (as soon as i get my money!:P )! have a nice day!:)
@johnnykay (1056)
• Hungary
9 Jan 10
thanks for the response, i hope you have right!:)
have a nice day!
@bulastika (5966)
• Philippines
10 Jan 10
hahaha..
This is how its work.
You invest 1 dollar and you got 2.25 dollar not 2.5
now about the interest that you can't withdraw it because maybe you choose to compound your interest..
To check this login. Then go to account setting. In compound interest change it to "NO".
Tomorrow you will receive your interest in your available cash balance.
And when you reach 1 dollar you can cashout it to your alertpay.
Good luck.
@allinfoyouneed (53)
• Philippines
10 Jan 10
If that's a scam, You don't have to worry, it's just a small penny for you I think. You learn from your mistake and I know you can earn more than that:-)
