Investing in HYIPS
As I said in my previous article investing in High Yield Investment Programs is very risky and requires a unique mindset. That mindset should allow you to accept that it is possible that you steal other people’s money through HYIPs however these people agreed to the risk of the investment program.
Most of the HYIPs are smart, very smart, and there is a whole online community that lives on these programs either running or investing in one or maybe both. What I found out is that there are lots of dissamblers out there. In this arena there is noone (including me) who you should trust. It is extremely important to make your own decisions and take the risk.
There are forums where you can read about HYIPs and other online investment and business opportunities.
Heres a few I recommend for you to read:
-Moneymakergroup
-Speakupforum
-Globalgoldtalk
-Hyipranks
-Talkgold
These forums are filled with people who want to build wealth online. Some of them are honest and some of them are scammers who just want to steal your money. These forums are good places to build business relationships however think twice before doing business with anyone! I do not want to scare you but I promised that I will tell the truth!
There are Investment Monitors called HYIP monitors which track the HYIPs. They are good sources if you would like to invest. They check whether the site is up and working, check the payouts, and people who got paid or not paid can vote there.
There are actually two I recommend:
-Hyipranks
-Goldpoll
There is a guy named Bookland who has an investment monitor site too which I highly recommend you to check out because he is honest. His predictions are not always accurate but most of the time he is right. I do not say that take his word like an order but if you are new then you should really consider his oppinion!
You can find his reports here: http://www.huanghanshi.com/money/dailyreport.htm
A very common rule in HYIP investing is that do not invest more money than you can afford to lose! Now take that rule as an order! Do not borrow money to invest! Do not invest if you haven’t got anything to eat!
Investing in HYIPs is a lot like gambling.
Investing in these programs happens through e-currencies. The most popular are E-Gold and E-Bullion. E-Gold is accepted by more hyips however it is not as safe as E-Bullion with a Cryptocard protection. I recommend E-Bullion because the better HYIPs will accept it too and as I said, there are lots of hackers and scammers, who are specialized to steal money from your E-Gold account. If you register with E-Bullion I highly recommend to buy Cryptocard protection as well! It is $99 which is worth the value you receive in exchange.
But how can I buy e-currencies?
Nice question! There are e-currency exchange services out there which will do it for you. Theres two I recommend and which surely works:
The Bullion Exchange
Icegold
They have reliable, fast services and friendly customer support. They won’t scam you for sure!
I know this article was a bit too sceptical but HYIP investments are dangerous. This is the truth however they have great profit potential if you do your investments right!
The next article will be about HYIP investment tactics.
I hope you enjoyed this article!
