Step 2) The website is offering one or more “investment packages”. All you need to do is give the company some money, and they’ll magically turn it into more money. Scam artists love to advertise daily or even hourly ROIs. A ROI of 1% may not seem that high – but it adds up to 3778% annual percentage yield with daily compounding interest. Nobody can guarantee a return that high.
Blog, chat and "teach" about HYIPs. Some HYIP "investors" proffer strategies for maximizing profits and avoiding losses—everything from videos showing how to "make massive profits" in HYIPs and "build a winning HYIP portfolio" to an eBook on how to "ride the Ponzi" and get in and out before a scheme collapses. Other HYIP forums discuss how to enter "test spends," how to identify new HYIPs to maximize one’s chances of being an early stage payee and even how to check when a HYIP’s domain name expires so you can guess how long it might pay returns before shutting down.
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Despite the fact that most major holidays mean breaks and new risks for the HYIP industry, I suppose there is no such thing as bad holidays. And Thanksgiving day is a very special holiday. The team of HyipNews wishes you a wonderful family life and big opportunities in the future as well as as much as possilble profitable and reliable high yield investment experience.
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Incentives to recruit new investors. Many HYIP ploys dangle the prospect of paying a "referral bonus"—as high as 25 percent—to those who bring in new investors with fresh streams of money. Remember that Ponzi schemes tend to collapse when the fraudster at the hub can no longer attract new investors, so perhaps it’s no surprise that HYIPs encourage participants to rope in new recruits to help keep the scheme afloat.
https://www.reddit.com/r/bitcoininvesting/ Disclaimer for Noobs: All information on this site is presented as is, and nothing constitutes financial advice or should be construed as warranty of a result. Bitcoin investing is risky and bestbitcoininvestment.com will not be held responsible for any losses. All investments are made at your own risk. DO NOT invest more than you can afford to lose!
And in spite of the relative age of this interview, the politician’s pro-crypto views have persisted well into 2018, even to this day. In February of this year, NewsBTC reported that the Colorado governorrequested for Congress to draft a guideline for crypto holding disclosures. Although this could be seen as an anti-crypto move, especially considering that this industry values pseudonymity, at the time, the lawmaker claimed that the growing legitimacy of crypto necessitated the body to take appropriate action.
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There are certainly some programs out there with a real investment plan, such as funding a mining operation. On face value, it can be hard to differentiate between a legitimate HYIP and a clear scam. It also bears mentioning, any Bitcoin HYIP is also reliant on the stability of the crypto market itself. Investing in cryptocurrency is a risk in of itself, so putting your money into a high-yield investment is twice as dangerous. Any money put into these programs should be money you are prepared to lose.
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Now you understand the reason why some Bitcoin HYIP monitor websites observe those HYIP sites showing the runtimes in a daily actualized list. So people can estimate more easily if it might make sense to still invest or not as they can see how old the project already is. Because it happens that participants just get too late into the program’s life cycle and then of course don’t get their principal plus profit back.
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