• Increase font size
  • Default font size
  • Decrease font size
  • default color
  • green color
  • red color

Make Money Online

Friday
May 16th
Home Make Easy Money Online Others Make Money from HYIP?
Make Money from HYIP? E-mail
Written by OnlineMoneyClue.com   

HYIP means “High Yield Investment Program”. The world of HYIP is crazy, if you Google it, you can get a list of HYIP program which will provide very attractive investment plan, such as 200% or 110% profit per day, 180% profit per 10 days. Is it true, or are your money put in safety?

It's hard to give out the answer for it, but one thing should be reminded here is: No one can keep on providing so high profit to you except God. All HYIP program are short term, since they promise high profit, it’s very hard for them to keep the program ongoing. They say they invest your money on some very profit project, but which project can give you 2% profit or more per day continuously. The most common scenario is that they use the money of late joiner to pay off the early joiner’s profit, and invest on something "definitely" (who know whether they use the money for investment or gambling). When the program is hard to move, they begin to stop paying out. But the program is still open, the person who invest on the program at that time will get nothing back and the person who haven’t earn all their principal back will lost part of their investment .

But there are still some long-run program which can last 1-2 year, and its really seldom. Most of them provide very low profit so that it can last longer.

Most of the HYIP program will require you to deposit the money to e-gold. The reason e-gold is widely used in HYIP is that e-gold won’t verify the truth of the account. So, when you are scammed, even you know their account, you still don’t who they are, e-Gold company doesn't know either since they haven't verify the register information as well. Funny thing is, you might already know, e-gold has become the best method for scamming online.

Anyway, my suggestion is that when you invest on HYIP program, you should be very careful. You need to refer to some HYIP monitoring web-site to see whether this program is still paying. If not, don’t consider to invest on it. If yes, you can spend a small amount of money to see how lucky you are. So, trust me, don’t live on HYIP. Just treat it as something to test you lucky or not.
Last Updated ( Sunday, 16 March 2008 05:26 )
 
Banner