Scam or gem? How to find a safe HYIP?
A safe HYIP is a gem and remember that most HYIPs are scams or Ponzi
schemes
(Ponzi comes from the name Charles Ponzi
(1882-1949), an italian immigrant to the US. Although many people have never
heard of Ponzi himself, the term "Ponzi scheme" is a widely known description of
a system of fraudulent "make money fast" schemes promoted through the Internet
and elsewhere to this day. The promoter of a ponzi scheme takes in investor`s
funds and pays the members "profits" from the members own money. It is estimated
that as many as 98% of HYIPs are ponzi schemes.)
There are different signs that are showing if an
HYIP is a Ponzi or...
...is about to scam out and therefore not a safe HYIP:
● Constant plea from the HYIP for positive votes on monitor sites. This
indicates a non safe HYIP and is an attempt to use you and others to recruit and
enlist more users from whom they can accumulate more money to line their pockets
before they flee the scene.
● Multiple announcements. A barrage of news and announcements can spell
doom`s day for an HYIP. These announcements can range from vacation offers,
global conferences, etc. A rule of thumb is that responsible HYIPs are usually
stable and simple, making important announcements only once in a while.
● Delayed or missed payments from a program that used to pay on time.
● Repeated problem with website access. One day the site is up and the other
is down. This is a sign that you are not dealing with a safe HYIP. It is just a
matter of time before that on-off HYIP website goes down for eternity.
● Sudden change in payment method. When a program changes the way it
processes payments, that is a sign of serious trouble.
● Announcements about website maintenance, DDoS attacks (Distributed
Denial of Service.
DDoS is an attempt to make a computer resource unavailable to its users by
overwhelming the server with intense and sustained requests. The goal is to make
the hosted web pages unavailable on the internet. The administrators of some
popular HYIPs often complain of DDoS attacks, as the reason why their websites
may not be available at times.), etc.
Often HYIPs use these untrue announcements to buy time so that new members can
sign up and deposit funds that the HYIP will use to pay old members. When the
new money come in, the HYIP will return to "business", but when new members do
not sign up in large numbers, the game is over and current members are left with
empty pockets. Of course, there are times when HYIPs do experience genuine
server problems.
● One or more new "investment" plans that promise very high return.
● Sudden change in "investment" plan.
● News of expansion or claims of global operation. Beware of big claims by an
HYIP; they just want impress the potential members with their nonexistent
expanding growth. They want to look big but in fact they`re empty balloons.
● When an HYIP that used to respond to your e-mail suddenly stops replying or
does it intermittently, the end is near.
● Unreturned or incomplete phone call. When you never really get to talk to a
trader, you know you have a ponzi and for sure not a safe HYIP. If the recorded
message is the only thing you can obtain, don`t get impressed by the "company`s
impressive info". Scam. Avoid them, except you want to make money with ponzi
HYIP.
Yes, there are hyipiers who are earning money from a ponzi HYIP. Perhaps they
even don`t like to deal with a safe HYIP, who knows? Like some Las Vegas gamers
who make fortune on a regular basis you can try with ponzi too, but this is not
my suggestion and I am not giving you any tip of the kind and it can be also
illegal in your country.
But on the contrary, if the program passes all these points, you may hit a
safe HYIP among HYIPs; because they do exist. They trade for real, are honest
and enough responsible to invest in their program.
MORE ABOUT HYIP FUNDS:
HYIP funds
HYIP evaluation for your HYIP business
Scam or gem? How to find a safe HYIP?
Essential rules to become an HYIP expert
HYIP advice - How to invest in HYIP?
Withdrawing HYIP profits
HYIP article directory
HYIP glossary
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