Discussion in 'Making Money' started by FatFrankie, Sep 9, 2010.
excuse me for asking being i don't get into alot of other marketing besides what i do.. but what the heck is HYIPs?
Check Wikipedia for "High Yield Investment Program". I can not post links yet so you have to do it yourself
That's a good idea.
I always seemed to get in on the tail end when I did that. While most HYIPs are a scam, my buddies and I did find a couple that actually worked for some period of time. They were based on FOREX. The guys trading were really sharp, but that died out after awhile.
Going to try this
Trust me, none of the HYIPs actually trade money. They usually say that they trade forex, but then they wouldn't be a HYIP but a forex based investment fund. Nobody in the realm of real investments, no matter if it's forex, commodities, RE, stocks or something else, can promise you constant returns each month with a certain percentage. Most of them operate profitable on a yearly basis, but there are months they lose 10% and there are others they gain 20%.
As for this method, it might work but invest only small funds into HYIPs, as none of them pay large sums of cash in a single transactions, most don'T pay over a couple of dozen buks, there are rare ones that pay you a couple of hundred, but that's it. This is a risky game and most of the time you'll lose.
DON"T try this.
You will be upset. 99% of these guys are scammers...Please be VERY cautious.
If you don't understand Hyips or dont take the time to do some research this isn't for you. HYIPS are just gambles....I literally have done it in the pass as something fun, watch my money gain or watch it loose or try and pull up the company and they are gone, i didn't do this to gain anything.....I used to be into this and online sports betting.....but just like casinojack said it's all scams don't fool with these if you think you can make a bunch of money or really any money at all because even if you got into one and happened to gain something decent your greed will keep you in it thinking you'll keep doing that and when the company folds you'll be out of your money all together, I've seen it happen.....it's like lotto, gambling, etc. This is not anything to gain money with but again if you get with the right forums and learn, it can be interesting, you'lll meet some cool people and have fun but it shouldn't be used to gain.
You are being optimistic Casino Jack, it is 99.99% that are scammers.
You have this Cherry Shares that are on for like 2 years but all of them are ponzie scams and becasue of that all of them NEED TO FAIL.
You are absolutely correct, 99,99% of them are scams and will fail, just like you said.
You just need to know the right time to jump in and you will get paid. You can also increase your changes of getting paid hugely with that HYIP-listing website my opening post was about.
If you have extra few hundred bucks to invest and your butt can take whipping every now and then, HYIPs are a great way to make cash in short time.
FatFrankie - Hyip is just clean gambling. You can win as much as you can fail.
Sooner or later you will fail as this just need to happen.
Its like Gambler trying to explain to his wife why his tactic is the best in the world and he is actually making money (not talking about the fact that he sold TV and kids already to pay loans...)
HYIP they are rippers don't even think about it at all i don't know why people still talk about this issue .
Because they have to pay some money out before they can get something relevant coming in. HYIP has to run for about month or two before it has enough invests in to have something to rip.
The idea is to be in the group that gets paid. 99% of the people who loose their money in HYIPs loose it because they look for the absolutely wrong signals before they invest.
Bernie Madoff anyone?
First line on Wiki:
A high-yield investment program (HYIP) is a type of Ponzi scheme, which is an investment scam that promises an unsustainably high return on investment by paying previous investors with the money invested by newcomers.
Yep, just what everyone should get involved with.
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