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HYIPs are online programs where one can invest money in order to get high interest in short periode of time.
HYIP stands for High Yield Investment Program. HYIPs offer higher return than your local banks BUT has higher level of risk.
ADVANTAGES:
HIGHER RETURN. Returns or interest ranges from 110% to 200%
SHORTER PERIOD OF TIME. Returns or interest can be earned from 1hour to 1 month, obviously shorter than investment on local banks
NO AGE MINIMUM/MAXIMUM. Anyone can invest as long as you have the money and knows how to read.
LOWER MINIMUM INVESTMENT. You can invest as low $1 or 44Php
EASY TO MONITOR. You can easily monitor your investment’s earning anytime and anywhere as long as you have internet, pc or mobile devices.
REFERRAL BONUS. You can earn additional by inviting others to join the programs.
DISADVANTAGES:
MANY HYIP ARE FAKE. A lot of this HYIPs are designed only to get your money not give you money.
NOT FOR LONG TERM. Many HYIPs don’t last long either because of few investors or the admin took all the money.
YOU CANNOT MAKE A DISPUTE OR REPORT TO THE AUTHORITY ONCE THE HYIP ADMIN TOOK ALL THE MONEY not like your local banks where you know the people running it and once something went wrong you can contact them or report them to your authorities.
HACK RISK. Since HYIPs processes are done online, there is always a risk of hacking.
"HYIPs
ARE LIKE MONEY GAME THAT CAN GIVE YOU HIGH PROFIT FAST OR CAN MAKE YOU LOSE ALL YOUR MONEY"
IF YOU THINK THE ADVANTAGES OUTWEIGH THE DISADVANTAGES AND IF YOU ARE A RISK TAKER THEN GO ON AND CONTINUE. HERE ARE TIPS ON INVESTING ON HYIPs TO MINIMIZE THE RISK OF LOSING.
ALWAYS KEEP THIS IN MIND, “INVEST ONLY WHAT YOU CAN AFFORD TO LOSE”. Only invest your extra money and not the money intended for your needs.
DON’T PUT ALL EGGS IN ONE BASKET. Do not invest all your extra money on ONE HYIP. Distribute your money on different HYIP. If you put all in one HYIP and that HYIP scams, all your money are gone. If your money are distributed and one HYIP scams, you still have money on other HYIP where you can makeup with your losses.
TOO GOOD TO BE TRUE. Do not be fooled with HYIPS offering impossible interest rates like this one I saw offering 895% interest per month. This type will most probably disappear with your money.
GOOD DESIGN INTERFACE AND VERY INFORMATIVE TEMPLATE. Look for sites that are well designed and has security features. Good HYIP shows all information about their program and are always transparent.
ROI. Reach ROI(Return Of Investment) first before you reinvest. Reinvest only earnings not your capital. Remember that HYIP doesn’t last long so if you want to reinvest, do so only with your earnings in case the HYIP runaway, you still have your capital with you.
HIT AND RUN. Apply the “Hit and Run” method where you invest on newly made HYIP then after earning above ROI withdraw all your money and find another new HYIP to hit and run.
ADMIN. Join HYIPs whose Admin have good reputations, meaning those whose past programs are good and did last longer than most HYIP. Admins who scams on their last HYIPs are most probably going to scam again on his new ones.