Can You Make Money From HYIP

HYIP means "High Yield Investment Program". The world of HYIP is crazy, if you Google it, you can get a list of HYIP program which will promise you some very attractive investment returning, such as 200% or 110% profit per day, 180% profit per 10 days. Is it true, or are your money put in safety?

The answer is hard to be given, but one thing should be remember is: No one can keep on providing so high profit to you except God. All HYIP program are short term, since they promise high profit, it's very hard for them to keep the program ongoing. They say they invest your money on some very profit project, but which project can give you 2% profit or more per day continuously. The most common scenario is that they use the money of late joiner to pay off the early joiner's profit, and invest on something "definitely"(who know what they use the money for investment or gambling). When the program is hard to move, they begin to stop paying. But the program is still open, the person who invest to the program at that time will get nothing back and the person who haven't earn all their principal back will lost some money.

But there are still some long-run program which can last 1-2 year, and its really seldom. Most of them provide very low profit so that it can last longer.

Most of the HYIP program will require you to deposit the money to e-gold. The reason e-gold is widely used in HYIP is that e-gold won't verify the truth of the account. So, when people want to scam your money, even you know their account, you still don't who they are, e-Gold company doesn't know either since the information in their database are incorrect at the same time. Funny thing, you might think right now, e-gold has become the best method for scamming online.

Anyway, my suggestion is that when you invest on HYIP program, you should be very careful. You need to refer to some HYIP monitoring web-site to see whether this program is still paying. If not, don't consider to invest on it. If yes, you can spend a small amount of money to see how lucky you are. So, trust me, don't live on HYIP. Just treat it as something to test you lucky or not.

HYIP is not an option to make money online from my viewpoints, and if you want to learn how to earn money online, please refer to www.onlinemoneyclue.com, where you can get more guidelines about how to make real online money.

Reference:
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