To generate a high return, HYIPs often involve investors’ money put into high-risk ventures, such as day-trading stocks or bonds, or sports betting. A Bitcoin HYIP can work the same, except with Bitcoin or another crypto as the investment currency. Those running HYIPs are looking to benefit from an increased willingness to invest from crypto holders, as well as the cross-border payments enabled by cryptocurrency.
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Exercise skepticism. Bear in mind that most people who sell strategies for getting rich quick make their money on the sales of their books or seminars, not necessarily by practicing what they preach. Ask yourself why they’re "sharing" their "secrets" with you. And do not spend time reading about the latest HYIP strategy—such as when to join, how much to deposit, whether to take a compounding offer or when to exit. A scam like this has no viable investment "strategy."