hyip ,what is it

HYIP stands for High Yield Investment Program. Basically these are sites that offers a high interest rates for your investment. Some will give you an ROI of 130% in 3 days, others may give 200% in 10 days, some only give 2% for 100 days and so on. The problem though is that most of them are SCAM. They only wait until there are a lot of investors and then close down the site. Those that stayed in the business for a few months, use the money from their members to invest on Forex and Stocks or some other means. Joining HYIP is a gamble. You're not assured of getting your money back. If luck is with you, then, that's great but if not then you'll end up getting scammed.