Frequently HYIP Asked Questions
We have put together the following answers to some of the most commonly asked questions which we had received from our users.
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What is HYIP?
HYIP stands for “High Yield Investment Program” and is just what it sounds like. It is a program offering a high yield interest rate on your investment. HYIP’s are offering the most profitable interest available today.
Is it the fastest and easiest way to make money? Where is the catch?
There is one problem. HYIP, in the traditional sense, is almost gone. Most of the current HYIP (about 99%) is a financial pyramid scheme that does not earn money, but just pretend they are working. They pay interest not from the profits that have received, they pay from new deposits.
Why do people like to earn money on HYIP ?
It is definitely because HYIP offers high profits in a short periode of time. The interest rate from HYIP is greater than the interest offered by local bank or another investment fund. so that’s why people prefer to earn money from HYIP, although they already know the risks they face.
How to earn in HYIPs?
When scammer launches the HYIP, he spends his money on the web site (hosting, script, design, advertising, etc.). From amount of costs depends period during which HYIP will recoup costs. HYIP administrator expects to receive more money than it spends, and until he reaches that goal, it will pay to all investors. In this interval of time you can earn in HYIP. Some programs are working less than week, and the other for 1-2 years before they stop paying and become SCAM. It is real to earn in HYIPs, but you need to know how to choose programs and which strategies use for investment. Using of referral program and RCB will speed up the process of making a profit.
How big is the risk of losing money?
The risk of losing the money invested in pyramid or real HYIP approximately equally big. It all depends on the popularity of the project and the inflow of new deposits. Again, you can lose as much as you invest. Therefore remember the golden rule of HYIP : ONLY INVEST WHAT YOU CAN AFFORD TO LOSE.
How do I invest into a program?
Most programs use the e-currency provider such as perfectmoney.is. You will need to get a Perfect Money account and add funds to it.
How Do I Know They Are Not Scams?
Simple and straight answer: You don’t. You can take advice from people in the industry, read forum posts. The decision to join should be entirely your own, and you should understand the risks involved.