are hyip investment sites the best investment online?

India
May 6, 2011 11:48am CST
there are many hyip investment sites floating around ,are hyip sites the best investment the best or is it yet another way to lose money?
1 person likes this
4 responses
moksha09
@moksha09 (467)
• India
9 May 11
I don't know about the investment part but I am sure it is the best way to lose money. The timing is very important, one should know when to get in and when to get out but then who can with absolute certainty when to get in and when to get out. To play this hyip game one should be ready for losses too. HYIPs are loaded against the investor and sooner or later you will lose. I have played and I have lost but it taught me a lot about how foolish I am. I may invest again in hyips again but I will never consider it an investment. It is gambling to put it simply.
1 person likes this
vanny
@vandana7 (100985)
• India
9 May 11
You must have a lot of money then.. Actually bro is a great believer in HYIPs...and thought I was a coward 'coz I was not venturing into them. :) For me a bird in hand is better than two on the bush I guess..
1 person likes this
vanny
@vandana7 (100985)
• India
9 May 11
No you did not. He is no longer on myLot. I think. Unless he has come with a different name. May be it is a third person like you. May be you should share the username of that mylotter. :)
moksha09
@moksha09 (467)
• India
11 May 11
Don't be daft.I mean I met him in person when I was travelling from Chennai to Pondy.
daveyboy54
@daveyboy54 (518)
• United States
6 May 11
All hyip sites are Ponzi schemes designed only to make money for the owners. I'd stay away from them.
1 person likes this
vanny
@vandana7 (100985)
• India
7 May 11
I would steer clear of HYIPs. :) And I have sent that Excel sheet as promised. :) Have a good day. :)
dhysanne
@dhysanne (449)
• Philippines
9 May 11
There is a risk in Investing money in HYIP. You just need to be smart and extra careful. And invest only what you can afford to lose.