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Old 06-26-2008, 10:12 PM
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Default Word to the Wise...

Just to inform you all of the dangers of HYIP schemes...

First I shall note that ALL HYIP schemes entail risk, some more than others. The key is to find the safest risk, with the greatest profit. This is easier said than done. I have anoted some important notes below:

1. The majority of HYIP schemes will go down in thier first year, so if you have invested for a long period, be cautious. If an HYIP has been running for a while (2 years+) it is a much safer bet, although don't always beleive what these companies claim.. Check the whos information of the websites and you will be able to find out how long the domain has been registered.

2. One of the most critical points I must raise - You will see many "HYIP trackers" testing these HYIP schemes, although BEWARE they usually invest small amounts i.e. less than $10, while the HYIP can afford to release profits to the trackers, if someone else were to invest say $100, I very much doubt they would recieve the same payout. THE HYIP'S DO THIS SO THE TRACKERS MAKE A PROFIT AND ALSO PROMOTE THERE SCHEME, SO OTHERS INVEST LARGER AMOUNTS AND REGULARY WONDER WHY THEY LOSE IT! **

** This is not always the case, but from personal / shared experience it is a common occurance.

3. When looking to invest, please use a little common sense, bascially the higher profit which is offered, the higher risk it will be investing money into a certain scheme, so if for example a scheme offered 40% over 7 days, I personally would be dubious, on the other hand its your call, just have your wits about you.

Schemes that offer lesser proportions, e.g. 2% - 4% over 30 days are much more realistic and the risk is usually greatly reduced. Although this is not always the case.

4. Due to the nature of this bussiness, one must be carefull. Finding a reputable company can be challenging. It is essentail that you accumulate some company details e.g. Any reputable company will have telephone support, as well as email support. Unlike email, T.E.L support provides a one to one base for conversation.

And finally ALWAYS research the company before you deal with them, forums / sites such as this one provide an insite on a range of these companines and Google will usually pull up some good information. Although again BEWARE information you find on message boards is not always factual, these companies will hire rouge posters to post so called "profit and loss results". Although a good way of eliminating these posters is checking the posters reputation / post count.

Hope this information helps.

Last edited by ecorg911; 06-26-2008 at 10:15 PM.
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