- Wikipedia defines High-yield investment programs as a Ponzi scheme: it uses money invested by later investors, to pay the interests of earlier investors. This is not always true, and some HYIPs run legitimate investment schemes to increase the money invested.
- There are several HYIPs posing as legitimate programs but are actually SCAMS. The matter of the fact is that all programs have this risk, however long they are paying, or how many true documents they have.
- All HYIPs come to an end, and sometimes, this leads to the detriment of those who invested LAST. It's all about timing. Remember this.
- Finally, it is a presupposed myth that the HYIP community is a small group of people who siphon away the money of the ignorant masses. This is not wholly true. Yes there will always be suckers, but even the most inexperienced HYIP investor can profit if he has the wits to carry on, and invests only what he can afford to lose.
It is usually done through Google adwords campaigns as well as social media campaigns in Facebook, Twitter, and in other forums/websites. Once a prospecting investor is swayed to invest in a program, the returns are usually quick.
Let's not be moralistic about our view on HYIP... Yes, people indeed can lose their money but what I believe is that HYIP is just a internet spin-off of real-world investing in funds. Only here, the best marketing and brand campaigns outdo the rest of the HYIPs. Though this is not always the case, often, the best looking and feeling programs, gain more traction, and more investors. If your timing is good, it can be beneficial to the profits in your portfolio.
Remember, there is no such thing as a SURE INVESTMENT.
Regards,
HYIPLegend
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