I don't know If I have Made A Big Mistake In Investing At HYIP.
By nykalex88
@nykalex88 (243)
Philippines
December 5, 2012 12:49am CST
Yesterday, I found out this very new HYIP site called oil-industrial. The site was very amazing because hundreds of HYIP investors invested in the first 2 days of its operation. So, I think that this is really a great HYIP site. What I did is, I invested $20 and I selected the 30-day plan. This is my first time to invest in this plan. My question is, can I withdraw my daily earnings from my investment? Or I can get it once the plan is finished. I don't know. It's been more than 24 hours since I invested the amount and I still have no earnings from it as seen in my account.
When I can receive my earnings? After a month? I've seen so many people withdrew their earnings daily because they selected the 1-day plan. I think I have just made my biggest mistake here.
3 people like this
5 responses
@blaxbla (269)
• Croatia (Hrvatska)
5 Dec 12
I have one rule about "copy-paste script" scam HYIP sites,
IT WILL PROBABLY BECOME SCAM BEFORE THE END OF THE MOST PROFITABLE PLAN.
So it is better to invest only in short term plans,
but the best decision is not to invest at these sites because they don't have real business and real products in the background.
@nykalex88 (243)
• Philippines
5 Dec 12
You've got a point on that. These sites won't last up to 30 days because of its very high interest offer. That is my big mistake! I should have invested at the shortest plan which is one day. I have seen so many members withdrawing their principal plus the interest they've earned.
@nykalex88 (243)
• Philippines
5 Dec 12
You're right! The best technique of an HYIP investor is to hit and then run. But some stay for a while. How I wish that oil-industrial will go beyond 30 days. If it will happen, I will be collecting $70 out of my $20 dollar investment.
@owlwings (43910)
• Cambridge, England
5 Dec 12
It seems to be clear from the FAQs ("Depending on each plan. Interest on your oil-industrial.com account is acquired Daily, Weekly, Bi-Weekly, Monthly and Yearly and credited to your available balance at the end of each day.") that interest is credited daily as it is acquired and that a monthly plan will only accrue interest at the end of the term.
Especially with a very new HYIP site, you would be well advised to ONLY invest what you can afford to lose and to choose the shortest term available until you have recovered your investment and built up sufficient funds to risk the longer term plans.
A site which has only been running for 3 days (to date) and displays rates which are far in excess of other well-established HYIPs is highly untrustworthy until they have proved themselves!
I hope that you will not seriously miss $20 if the site folds before your 30 days are up!
@nykalex88 (243)
• Philippines
5 Dec 12
Nice research owlwings! I started to feel bitter but its okay. Life must go on and who knows? This site will last for more than 30 days. I just can't think back when I deposited the amount in the plan. Anyway, I keep standing every time when I get down. Go go go! Someday I will be a HYIP winner!
@owlwings (43910)
• Cambridge, England
5 Dec 12
That is just what I found slightly confusing about the FAQs and why I underlined "as it is acquired".
My reading is that the interest is acquired on a daily, weekly, fortnightly, monthly or yearly basis, depending on the plan you select and that, when the interest is acquired, accounts are updated once a day (not, for example, hourly).
Since you have chosen a 30 day plan, I guess that your interest will be due 30 days after you purchased the plan and that it will only then appear in your account balance not more than 24 hours after it is 'acquired'.
@nykalex88 (243)
• Philippines
5 Dec 12
But what does "and credited to your balance at the end of each day" means? That is why I invested on that plan. I really thought that I would get the interest of my investment everyday and that I could get my ROI after eight days. I am still waiting until the end of this day that an amount will appear in my account balance.
@joliefille (3690)
• Philippines
5 Dec 12
It is good that you can admit your mistake. Since a lot of HYIPs sometimes just come and go without notice, ideally the shorter plan the better as you can get your ROI in a short period of time.
@nykalex88 (243)
• Philippines
5 Dec 12
Yeah they will vanish in any day. I hope that I can withdraw my daily earnings so that at at least I have a little return on my investment every single day. Until now, no earnings indicated in my account.
@narnia007 (1050)
• India
6 Dec 12
I have heard people say that,when investing in Hyips,shortest interval plan is the best as most of the Hyips turn scam quickly.What is the site you use to track down the Hyip sites.I would like to venture into this field,as I have little money in my alertpay account and not able to withdraw.Thanks in advance.
@nykalex88 (243)
• Philippines
6 Dec 12
Just search for HYIP monitors and you can find a lot of HYIP's there. But even these monitors aren't efficient enough to track down the scam sites. They too are victims of HYIP but I know they also win because they are still staying and investing again. Even my upline who has a very good monitoring site loses money too.
@suraj7nov (1736)
• India
6 Dec 12
i have choosen uinvest which already given me more than my investment and they are online since 2007 and paying without any difficulties
