Money Gator

I've never used any HYIP sites before. I heard that it is very risky to do but some kind of way people tend to make money from it. I don't know if it is a scam or not never tried it but if you want to try it just don't spend more than you are willing to lose that is what I have learned so far. Good luck!

This is I want to share to people reading this topic. I don't mean to offend the people here who are fond of investing in HYIP, but you must understand this: HYIP is basically scam and illegal. The reason? They are not licensed by the concerned government agencies to sell investment products.

ok, so the min investment is $1, but what is the min payout? Because if you get 6% daily and you put $1 in you will earn $0.06 per day but it does not mean that tomorrow you can go and withdraw that money... You might earn it but you need to send a certain amount of days there before you are allowed to withdraw the money... Anyway I'm done with Hyips ;) Just be careful!

Be very careful with HYIP sites. They are generally all scams. That kind of return on investment cannot be possible legitimately. Even if they pay you once or twice, they generally stop paying you, and many times they don't even do it once. I hope I'm wrong and you make money,but just be careful.

I have also been looking for websites that can give me a passive income. I am already a member of one (called JustBeenPaid which is not an HYIP) but I cannot find any other sites that are as good as this site. Anyway, I have read in a blog that investing in HYIPs can be really risky. The author said the best time to invest in HYIPs is 3-4 months from the date it started operating because in this time frame, the administrators of that HYIP are still luring people to invest in their site so they pay their members the rates that are stated in their website. After encouraging a lot of people to join their site, they will turn into a scam all of sudden, running away with people's money without a trace or evidence. So be careful where you put your money.