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HYIP's?

Discussion in 'BlackHat Lounge' started by Sylas, Aug 10, 2010.

  1. Sylas

    Sylas Junior Member

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    Occupation:
    Wholesaler
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    Shanghai, China
    I just discovered HYIP's yesterday and they all seem like glorified Ponzie schemes. Does anyone actually make money out of them? Their rates of 2% + per day simply seem too good to be true.
     
  2. carsonrathi

    carsonrathi Senior Member

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    No HYIP stays for long. Yes, they are all ponzi scheme. I have lost good money few years back. Every HYIP will come and go.
     
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  3. Georgebg

    Georgebg Jr. VIP Jr. VIP Premium Member

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    does anyone actually make money out of them?

    Yes the owners of these sites do
     
  4. digitali16

    digitali16 Registered Member

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    I made money years ago without owning but left them alone years ago. The amount of time you will take entering and exiting them properly and hedging your bets + referring and transfering funds make them a pain. Also TBH for 5 years or so now the owners of such programs are just sharks it seems.It is almost IMPOSSIBLE to make money there now. Good advice given above me in this thread to stay away even I do and I had 10 years experience with them. BTW I was in several that lasted almost 3 years but that was a very long time ago.