HYIP : a basic guideline
High Yield Investment Program. can be offline or online. but now online one is having its boom. everyone's talking about online investment. name it, you'll get hundred pages of website offers this kind of investment. 90% or more or them are ponzi scheme that call themselves HYIPs.
ponzi scheme's founder, charles k ponzi claimed it as an investment opportunity which relies on new investments to pay off the older ones. those whom invest first are thus paid their returns from those who invest after them, leaving the last investors the ones who lose out. many HYIPs who claim to be trading, investing, etc are really only running a ponzi scheme.
how to consider a HYIP is a real HYIP or a scam?
i just give you some basic ideas which only you could think about.
1. check the admin's personal data
can be checked thru 'whois'. if you find something fishy, could you just believe the scheme? should an honest admin hide his personal data? if the information sounds correct (complete with address & phone number) make a call to ensure it is really his or maybe somewhere else, an asylum maybe? or you may just check whether the phone number is belong to that particular place. office in US, but the phone number is UK? isn't that funny?
2. contact!
it is important to ensure that the admin is really exist and responsive. hey, what you're gonna invest is not a small buck, are you a gambler or an investor???
3. legal copy of script
if the admin is really serious about the business, they should pay some amount to develop the homepage rather and downloading free/cheap script from kazaa or morpheus or etc.
4. check graphic and language
graphic must looks 'expensive' and no spelling/phrase mistakes in its term and condition, etc. hey, if he is really serious he should able to pay some for the language check!
5. the program's age
HYIP lifecycle is not long. if you are among the first investor ('joining' at the first year of launching), there is probability for you to stay longer in the program.
HYIP really works. many people make profit from HYIP. but please, follow the guideline before you listen to your friend even if he is now a HYIP millionaire.
ponzi scheme's founder, charles k ponzi claimed it as an investment opportunity which relies on new investments to pay off the older ones. those whom invest first are thus paid their returns from those who invest after them, leaving the last investors the ones who lose out. many HYIPs who claim to be trading, investing, etc are really only running a ponzi scheme.
how to consider a HYIP is a real HYIP or a scam?
i just give you some basic ideas which only you could think about.
1. check the admin's personal data
can be checked thru 'whois'. if you find something fishy, could you just believe the scheme? should an honest admin hide his personal data? if the information sounds correct (complete with address & phone number) make a call to ensure it is really his or maybe somewhere else, an asylum maybe? or you may just check whether the phone number is belong to that particular place. office in US, but the phone number is UK? isn't that funny?
2. contact!
it is important to ensure that the admin is really exist and responsive. hey, what you're gonna invest is not a small buck, are you a gambler or an investor???
3. legal copy of script
if the admin is really serious about the business, they should pay some amount to develop the homepage rather and downloading free/cheap script from kazaa or morpheus or etc.
4. check graphic and language
graphic must looks 'expensive' and no spelling/phrase mistakes in its term and condition, etc. hey, if he is really serious he should able to pay some for the language check!
5. the program's age
HYIP lifecycle is not long. if you are among the first investor ('joining' at the first year of launching), there is probability for you to stay longer in the program.
HYIP really works. many people make profit from HYIP. but please, follow the guideline before you listen to your friend even if he is now a HYIP millionaire.
