Do you invest your money in HYIPs?
By seobuzz
@seobuzz (1120)
India
August 16, 2011 8:58am CST
ok guys, lets start some serious money discussion here.
I think you know what HYIP means. If not let make simple for you. In HYIP you have to invest some money and after some period (1day, 3day, 7 day, 30 day....) you will get more money than you invested.
Looks good right? But here also there is scam. So I want to know if you invest your money in HYIPs or not? Please share your opinion and experience with HYIPs.
8 responses
@Myptctips (66)
• India
16 Aug 11
I have been lately investing in the HYIP's.My last investment was 20$ in primfix and i should be able to withdraw 24$ tomorrow.I will let you know tomorrow if i get paid.
@Myptctips (66)
• India
18 Aug 11
Hi guys i have received my payment from primfix today.
requested the payout of 24$ and received it in 8 hrs.
As for the questions primfix accept alertpay and the min deposit is 10$.I invested 20$ and got 24$.
I took the 120% plan for 15 days.They are stable because they offer less interest when compared to other hyip's.
I colud have uploaded the proof but i'm not allowed to paste links in here as i'm still a newbie.
@yallit (3677)
• Philippines
17 Aug 11
I did try an HYIP a week ago. The site's name was Opulentia. They just reached their 180th day by the time I invested $1 to test the site. Two days after that, they're gone.
I am more into money-cyclers that guarantee a 2% daily earnings from investments like JSS-Tripler. I've been with JBP since February and have no issues at all with the program.
@yallit (3677)
• Philippines
17 Aug 11
The only thing that makes money-cyclers and HYIPs similar is if a money-cycler guarantees a daily % returns. Most money-cyclers don't do that. They usually pay members only when they are able to refer others to join the program. However, there are some money-cyclers that started to provide a guaranteed daily %. They tweaked their programs enough for the sites to be able to deliver a promised % daily earnings. Also, with money-cyclers, you know exactly how money is being distributed or where the admin gets the money to pay their members. As for HYIP, they'll just simply say you'll get a certain % daily/weekly earnings without telling you where they'll get the money from. If they do tell you, they'll probably mention something about investing in forex, online betting and the likes.
@seobuzz (1120)
• India
17 Aug 11
Thanks for providing such detailed information about HYIPs and money cyclers. I was not aware about those. Please suggest me, I have some dollars ($10) in my Alertpay account which I want to invest in some programs. So for me what would be the best option.
Also I have a inquiry, as these programs do not need from your part , then where from they get money to provide its users?
@myfb2009 (8296)
• Malaysia
18 Aug 11
Before i spend lots of time with my friends do investing online, as a way to earn more income. But, investing money into hyip is very risky and you never know when the site is going to turn scam. So now, i prefer to stay out from this investing arena although the earning is quite good, if you invest on the right time. It is always better to invest into something that's stable. For example, save money in local bank, although the interest is low but stable...
@myfb2009 (8296)
• Malaysia
19 Aug 11
Yes, investing into hyip is always the best choice to earn some cash fast. But always remember the golden rule, invest only the amount that you are willing to lose. Also try to search and invest at the right time, to gain profit before it turned scam site. Good luck to you...
@seobuzz (1120)
• India
16 Aug 11
What you are talking about, are very safe and convenient ways. And yes I am yet to invest my money on HYIPs. But I don't know I may do in future. Because if I have some money on Alertpay (because of Microworkers), I am planning to invest it on HYIPs. Because Alertpay charges a high $15 for money transfer in bank in India.
@rappeter13 (8608)
• Romania
17 Aug 11
I have never invested any money in HYIPs as I heard that 99 percent of them are scam. So it practically impossible to select the good ones and if you put your money in a scam one, then that is lost money. If you know any legit one, which is pretty old as well, let me know.
@rappeter13 (8608)
• Romania
18 Aug 11
That is what I have read from many reviews and that is why I don't trust them.
@seobuzz (1120)
• India
16 Aug 11
So you are against it. Have you ever invested in any website is some or other forms. I am interested to invest money in HYIP after I heard that for making big money you have to make some investment. And in mylot I am not earning big enough. So I am just checking that.
@daveyboy54 (518)
• United States
18 Aug 11
All HYIP's are Ponzie schemes set up to fail. Stay away from them.
@varier (5685)
• Indonesia
16 Aug 11
Almost all HYIP are using Ponzi Scheme system. They will paid old investor from money that they got from new investor.
Many of them say that they are using the money for Forex Trading, but please keep in mind that Forex Trading is really risky. They always paid in fix rate of yield, but what if they lose trading?
Then they would be more likely using Ponzi Scheme to run the business.
And when there's no more investors come, they will surely turn scam, as they aren't get money anymore.
Investing in HYIP is similar with gambling, as they can being scam anytime and then, instead of profit, you may lose all of your investment It is far too risky..
Anyway, if you are getting paid by HYIP, then in the future someone else must be losing his money. If it is not you that losing the money, then the others will.
It is like "rob money from new investor to pay old investor"
I would prefer not to invest my money on any HYIP program for that reason.
Mylotting is better