Sunday, May 4
Growing money inside the program?
Hello everyone,
I have noticed one interesting phenomenon among a lot of investors and I can say that this phenomenon is not really smart if you want to play HYIP games the safe way. Read about growing money inside the program in this short article.
So, what I actually mean by this strange title? It is situation when some players invest in some project, wait when investment period is finished and then reinvest straight from user area in the program again without even withdrawing money to their payment processor.
Why it can be good?
By this method you can save some money if you have invested small or if you have invested with for example EGO Pay what is not not good payment processor for small investors (read why here). By doing this you can save some money on withdrawals and your interest will grow bigger more faster.
Why it can be bad?
It is bad because actually you do not know if project have the money to pay or not. Project might seem stable but actually it can still run countless days without a single cent because no one is asking for withdrawals. In this case you do not know the real paying status. Of course in HYIP monitor websites you will see PAYING status, but monitors usually are inside in the program with small investments and HYIP admin have no problem to make small withdrawals for them. If you will make withdrawal to payment processors you will loose few cents or one dollar, but at least you will know the real paying status.
In the end I want to say that I'm not teacher here and everyone should play HYIP games like they think is right for them, growing money in the projects is good for someone, but it can be wrong for someone else.
David
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True, it's the same as compounding, never a good idea.
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