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A High Yield Investment Program , or HYIP , is a type of investment pyramid scheme normally offered via the Internet (wikipedia).
HYIPs typically accept deposits as low as $1 while promising astoundingly high returns. Let's see.. did u ever imagine to get double or even triple ur money in a month ? or maybe even better.. in a few days ? Yes, you can do that in HYIP. HYIP typically offers program like return of your investment 150% in a week, or something like that. To make it even better, u can refer people to be ur downline in HYIP, and u can get a bonus of their investment, typically about 1-20% of ur downline (in HYIP they are called referrals).
How can these HYIP afford to pay u ? They did it by using other members money (that signed up after u) to pay u, and ur money to pay someone before u, and so on. And yes, of course, by doing this, it means that they don't really invest ur money in any businesses. Never believe if they said they reinvest ur money in property or forex businesses.
To be safe, let's say all HYIP is a scam (or ponzi). They are liars. They would gone anytime soon with all ur money. Usually they would hold on about a few days or a few weeks if business are looking good. There are some HYIP that even gone in a day.
So, why people still investing in them ? easy. It's all because of the high returns that they promised. You still can get profit from them if u managed risks good enough. I ever made 4x profit from my initial investmen in a month, but then lose them in a week because of my greedyness (lol). Just remember, if u really want to play HYIP, dont invest too much, u're risking ur money. So, consider it as a game, where if u're very lucky and managing good enough, u can won lots of money, but if u lose, u won't be crazy cause u know u're just playing and ready to lose that much money.
I will put the hyips that I followed in forum. See it there for their plans and whether they are paying or not (don't forget to see the date and hours when I posted cause it's important to make sure that the hyips still safe to invested in).
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