All HYIPs will be a scam sites.. But, why do people still invest on it?
By baronarthur
@baronarthur (4187)
Indonesia
January 29, 2007 11:08pm CST
Every day many new HYIP sites come in the internet. And many people invest on it. In the same time, many HYIP Admins run with the investments and let the sites be scam sites. Many investor has known about it. But, there are still many people who like to invest on HYIP. Why? Because it will make people get rich soon? Or poor soon?
If people want to invest the money, why don't people try LYIP? It has stability and low risk than the HYIP.
2 people like this
3 responses
@meeandnotyou (2548)
• United States
30 Jan 07
Many people invest in HYIPS because when they return they return big. Most people want as much money as soon as possible. I have made some money on HYIPS but I have also lost some as well and they are a good investment WHILE THEY ARE PAYING, as you can make money quickly with them. But the bad part is is that they disappear as quickly as they come, with everyone's money.
Have a great day!!
@baronarthur (4187)
• Indonesia
30 Jan 07
So, do you think the main reason of the big return is get rich soon? I think this is the main reason of the scam site too.. If there are two sides who want to get rich soon, which side will win it? Of course the Admin of the scam site.. Because he will decide when he will payout and when he will disappear. Thanks for the opinion. I really appreciate.
1 person likes this
@meeandnotyou (2548)
• United States
30 Jan 07
You are definately right the scam site admin will get rich quicker than the honest site admin since they do not pay out at all. But even the honest site wil end up a scam in time. If you give your clients a bigger return than you get yourself your money will dry up and you have to make something to cover your costs thus you become a scam site.
Thank you for the response and have a great day!!
1 person likes this
@baronarthur (4187)
• Indonesia
30 Jan 07
Thanks for coming back and giving your opinion. I really appreciate. I agree with you, logically HYIP must be a scam. But, many people hasn't thought with logic. They saw the 'opportunity' to get rich soon and the results are very different.
1 person likes this
@few00cent (2183)
• India
3 Feb 07
people invest in HYIP because it is high yeild investment program.we get very high return in just few days.who don't want to earn as sooner as they can.i have made couples of dollars from hyip site and lost too.i think its is always better in we jump in soon and jump out soon because almost every hyip disappears or goes off after 10-15 days..depends how good people invested in site.it is always better if we don't put our all eggs in one bucket.
1 person likes this
@baronarthur (4187)
• Indonesia
15 Feb 07
That's true. I agree with you. The power of easy and big money that makes people really like HYIP. And, it's true if don't put our all eggs in one bucket. But, it would be better if you don't put your money in HYIP.
@dannyng (9)
• Malaysia
30 Jan 07
HYIP and LYIP both have same amount of risk. LYIP just die out slower. Well investment program online are better. there are a lot private program where the admin are nice. I have been with 1 for 1 half year. It is nice. The only part if wether u meet a good person online
1 person likes this
@baronarthur (4187)
• Indonesia
30 Jan 07
I think HYIP and LYIP have different risk. Logically LYIP has a little bit risk. But, I agree with you in the case of scam or honest Admin. I have seen many good LYIP still exist, though they have been in net more than a year. Thanks for the opinion, I really appreciate.
