Thanks to those who sent me success mails and text messages last week as I started my
degree exams, more grease to your elbows. Today happens to be a lovely day and with it
comes the freshness of zeal with which I'm going to be sharing one of many ways of making
money online in this century.
Since I discovered the secret to success using the internet, there has been a tremendous
change in way I surf the net. I remember back in 2004 when I started surfing the internet,
I was young and easy distracted by porn ads, online games, scam pop ups and so on. In 2006,
alot of my friends got into Forex trading, I studied the materials and traded demo accounts
using different platforms like MetaTrader and the likes of them.
Forex Trading to me back was funny because I always had my friends who were into it
patronizing the cyber cafe I worked in with little or no success in their trading, writing
one robot script after another trying to make ends meet. After using the demo account for
awhile one year later, I asked one of them to tell me how far he had gone with Forex and if
he had any recommendations on what broker and platform was more effective. To my surprise,
He smiled and gave me the most discouraging remarks I had ever heard. He said it was a
waste of time to small and big investors as profits and losses are made in the twinkle of
an eye. Anyway he said and i quote "you can give it a try so as to have the life experience
but as for me I'm out, I lost hundreds of dollars and I'm through".
Today, I'm not gonna tell you about Forex or my successful endeavours while trading Forex but
I'm gonna introduce to you what I, my friends and many investors that are making it big
HYIP is the acronym for High Yield Investment Program, guess it's starting to make sense
especially the "High Yield" part of it. HYIPs just like other MLMs, Triplers, Lottery and
sundry are programs that accept your deposits, use them to trade and give you a percentage
which sums up to profits after a period of time (usually a day, 5 days, 7 days and so on)
atleast that's what their dictionaries say.
I however would describe a HYIP as an arrangement where the owners of the program use the
money deposited by new investors to settle old investors. Over the past few months, making
money from HYIPs has been really enjoyable. Though most HYIPs are regarded as Ponzi schemes
but you wouldn't think so if you are in profit like me and many others.
Presently a lot of HYIPs have come and gone such as MacroTrade, Global Oil Fund, Royalty7
and a whole more. Many investors have gone bankrupt while many others are still investing
and searching for new programs everyday because once you've tasted HYIP money it becomes
A friend of mine claims to make up to $7000 yearly with a capital of
$3000 annually. And yes I believe his claim can be validated. The key is wisdom.
Do HYIPs Scam???
To answer this question, I'll like to ask another question like the Nigerians do "Does
the sun set?" Yes, statistics show that every HYIP will scam one day eventuality. The fact
is that HYIP owner usually have a target and once that target is reached they disappear
into thin air and in most cases start another program.
It all boils down to the fact that nothing good lasts forever even the Blackberry phone
battery eventually runs down after excessive pinging without charging. HYIPs scam and
that's a fact, you just have to act fast and step out.
How Do I Know If A HYIP will scam soon???
In some cases, you'll never know, HYIPs may scam in the day you plan to invest or just
after your last withdrawal. BUT there are ways that we "old time investors" get to know.
Firstly, they begin making selective payments to clients, their support system begins to
drop, the withdrawal time frame tends to be prolonged.
Here are a number of ways to detect a good HYIP or a HYIP that will last...
With past experience comes future wisdom and with that I'll say fully automated HYIP
systems tend to scam faster than those with manual payment method.
A quality program should have a good site if possible designed with Macromedia flash HYIP
sites use one design and common sense should tell you that they won't last long. I mean if
you don't have enough staff or money to design a quality site, how do i know if you can
Number of monitors
Monitoring sites help to monitor HYIPs, the more the monitors the more the popularity of a
HYIP. Also watch out for their signals
Paying - means that a HYIP is currently paying, some monitors show the last payouts dates.
Waiting - means the HYIP hasn't paid as at time due.
Problem - a starting point of scam, once a HYIP shows problem, BEWARE
A good HYIP usually has customer friendly support personnel that helps you with any form of
difficulty you may encounter while using the program.
Good HYIPs go a long way with having different payment processors, so far I haven't used
any HYIP that supports Paypal but Liberty Reserve, Perfect Money, STP and Egopay are good
processors. Cheap HYIPs have only one or two payment processors. See my previous post for help with
opening a Liberty Reserve account.
Though most HYIP stats may be altered but a good margin between total money deposited and
total money withdrawn form a HYIP site should give you a point to note. For instance, a
HYIP site which pays upto 125% ROI daily shows that Total money deposited is $200,000.00
Total money withdrawn is $30,000.00
Common sense should let you suspect the site.
One key advice that I always give people is "DON'T INVEST WHAT YOU CAN'T AFFORD TO LOSE"
and learn to diversify.
Here are a list of HYIPs that I use presently which are still paying
I-Can-Invest Pays 6% daily for 30days
Money Factor 104% after 1 days
Just Been Paid 2% daily
Endless Profits upto 4% daily and so on.
Thanks for reading and be sure leave a comment and share with your friends on Facebook and Twitter.