A HYIP is essentially a Ponzi scheme – more often than not, a scam. It involves paying returns to earlier investors with money invested by new investors. As a result, some do walk away with a positive return, if they get in early enough. However, it’s not a sustainable model. Once new investors stop coming on, the cash flow stops, often leaving a large number with significant losses.
They take digital currency holdings of the investor and add it to the scheme which does not exist. The website runs marketing campaigns promising higher than normal returns to lure investors. Investors may see an increase in their account balance in a few hours or days and maybe even withdraw it. They also encourage people to refer new members and offer a kickback of five to ten percent deposit made by a newer member. These websites suddenly disappear from the internet along with all digital currency holdings and any returns you might have supposedly earned.
Offer e-gold and other online payment systems that provide the means by which participants fund their accounts, get "return" on their "investment" and, presumably, enrich the scammer. Investors should be aware that not all digital currency sites are subject to federal regulation. And some have been tied in recent years to criminal activity, including money laundering, identity theft and other scams.
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Great book! Curtis Kray takes you through not only how to analyze stocks, but how to find the right ones with free resources. he explains secret methods and techniques not just to save but to multiply your hard earned money. A must have for any investor in my opinion.If you are new or a pro in HYIP this book helps you get the best. it comes with a spreadsheet used to model a HYIP which is very useful tool.I personally liked the way it explains and have started saving money..
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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Yeah. I checked it through Wikipedia. Here, I realized HYIP is one type of High risk program. But, I found the exact solution to reduce the risk. Nowadays, you can accept as true who run a HYIP site with the bitcoin HYIP script. Also, this site must have a bitcoin gateway to transfer your money. Accordingly, the bitcoin is supportive to save you from scam.
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