Tuesday, November 19

Why you will never make money with HYIP

Hello everyone,

Since right now there is not that much to report from our industry then it is perfect time to publish some article form our series together with Chris from real hyip-pulse. In this article he writes why you would not make money in HYIP and I can agree that it is total truth, so continue to read an enjoy article.



Many times, some things are just to over whelming for people to start making money with HYIPs. Of course it’s perfectly understandable, but only the best will survive in this industry full of scammers. That’s why I will be addressing these issues so you can figure out for yourself what is preventing you from making money from these programs.

Payment Processors

Being new to all of this is confusing. Newbies don’t know how to fund the popular e-currencies Perfect Money, which most HYIPs take. So just that will drive a percentage of them away just there, due to their lack of knowledge.

Even if you know how to use these payment processors, if you are a small investor, the fees will kill you if you are not using Perfect Money. Not just that, you have to be patient to actually withdraw your money to your bank accounts. So in theory, your money is not worth anything if it stays as a number in a payment processor’s database.

Exchangers

Playing small amounts with HYIPs these days can turn out to be pretty expensive. Exchangers take anywhere from 0-10% fees. What does this mean? If you don’t make very profitable decisions, you will be lucky to break even or get some of your money out. Remember you have to exchange back to a payment processor that you can withdraw to your bank account to. So not only does this take more fees, but it takes more time. So people tend to keep their money in e-currencies and like I said earlier, lose it all.

HYIPs

Now the whole point of this entire article, HYIPs. So stop and ask yourself, why are you investing in HYIPs? What is the goal you are trying to achieve? Because you need to realize, you might be that 90% that lose with HYIPs. They appear on chats all excited for a few weeks and disappear without saying goodbye. These people tend to get overexcited and think of these scams as real opportunities. These people may fall victim to brainwashing programs like JBP (now profit clicking), Zeek Rewards ( shutdown by SEC), and Wealth4All (cashflow issues and other problems). They are blind and are defensive when you approach them, they give bullshit information that you can not argue against. They will never stop fighting their “cause”.  So are you one of these people?

The mindset is completely different in an experienced investors point of view. To survive and make some decent cash, stay skeptical and invest with caution. You need to have clear mind and take everything into considerationBut you will still lose, not maybe, but YOU WILL! Everyone loses, you can not always win playing HYIPs constantly. So while I am striving to stay away from tips, here’s one: diversify your money! Taking that step will lower your risk dramatically of losing money with HYIPs.

HYIPs are ponzi schemes, nothing more, nothing less. Some may do some real business to help sustain the program, some just go the easier route by not investing the money at all. Some admins are professional and  some are just looking for quick cash. But the important thing is, without knowledge you will lose! So included in the bottom is some links to helpful articles you can read.



I can completely agree with Chris and I will comment about some of points. Payment Processors - yes, fees will kill you, I already explained this in one of my articles read it here. If you invest small amount most likely you will not earn because of fees, but of course if you play descent you will learn how to earn with small amounts also. Exchangers - since I haven't used them for long time I do not know how it is now, but I know that they are pretty expensive, I recommend to find exchanger in your country and exchange with local exchanger because then fees will be lover. HYIP - there is nothing to add, as you know admins aim is to earn more, so he will try to scam you in any way. Anyway, as he pointed out, only with experience you will be able to earn with HYIP.


*I'm not author of original article, original author for article is Chris from ex hyip-pulse.com, article is republished with his acceptance.


Thank you for reading,

David
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