WHY HYIPS ARE SCAMMERS

Updated: 02/20/2009 00:31
Reprints/Permissions  Hyip Monitor

In my opinion HYIPs are something between gambling and investing. Scam recognizing is crucial skill to earn money at HYIP arena. You can minimalize risk of loss following 5 easy steps. My private successfull system which allows me to reject a lot of scams in a minute looks like that:

  • 1st step: analyze investment plans. If HYIP pay daily it must pay only on business days. Preferred daily returns: 1%-2,8%, weekly: not more than 10%, monthly: 40% or 50% is maximum ROI which is acceptable
  • 2nd step: initial deposit must be at least 10$. Preferably when it is higher than 100$
  • 3rd step: HYIP script is really important. The most reliable HYIPs use completely their own script, not even a premium version of popular templates
  • 4th step: I like HYIPs which pay for refferals less then 5%. You can also choose programs which offer 10%, but it is riskier. You shouldn’t invest in programs which pay more than 10% for refferals
  • 5th step: It is perfect situation when HYIP lives at least 100 days.

I think that informations I mentioned above will help you minimize risk of loss and avoid scams in the future.


About the author

Eric Marriam is a young writer. Even though he is not experienced he is able to make really high quality work. Eric is able to identify a problem people have and break it down, able to appeal to emotion through emotive writing, can change style of writing to cater to different audience. Eric Marriam is able to work creatively and effectively with staff and managers and despite his young age, he proved to be a clear and effective writer and speaker, committed to maintaining quality and efficiency, seeking for professional growth and development.
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