HYIP Sites are good for Investment ?
By rina2011
@rina2011 (176)
India
August 26, 2011 10:14pm CST
Hello My Dear Friends , I want to know HYIP site are good for Investment please help about this topics, I want to Invest some money for profit, My Friend said about HYIP sites, Please Share Your Opinion ?
3 responses
@seobuzz (1120)
• India
27 Aug 11
Investing on HYIPs is very risky. So choose wisely the HYIP sites before investing your hard earned money with them. But I knew some people are really making money through this HYIPs. But one thing is sure these sites will surely become scam one day. So if you can invest money early and take your investment out then it is not problem. I will suggest to invest those money which you don't wish to transfer into your bank account. For example you can consider the money of your AlertPay account for investing into these sites. Because Alertpay charges very high fee ($15) for each transaction.
@swapan2525 (439)
• India
27 Aug 11
I had tried my hand in HYIP sites but they are so risky. You never know what will happen next. The next morning you wake up, you will find that the site you invested in is either gone or it has stopped paying. There are some sites which have gone beyond a year and are still paying but even then they are risky. The older a hyip site gets, the more the chance of them disappearing.
There was one West Finance. It was good. It was very very good but unfortunately they shut down their business.........and would you believe it.....FORMALLY!
So be very very careful!
@geniuses (39)
•
27 Aug 11
Well, in my opinion the HYIP sites aren't good and here's why I don't think they're good. The HYIP sites usually don't invest your money in anything they just rely on their investors and give them usually high interest. Therefore, they might pay for a while or so but then when they feel they've got enough money they'll just stop paying. Afterall this is my personal opinion you don't have to follow it.