Reasons why you should avoid HYIP

Josemendez

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HYIP is an acronym for high yield investment plan .
This is a very popular investment platform online. It offers an opportunity to earn a certain percentage gain of your initial deposit , after an agreed period of time , which can be in minutes , hours , days , weeks , months and even years .
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Most HYIP site owners are scammers . the normally follow the strategy of paying few first deposit , in order to get other people's interest and then scams the rest .
In fact they are ponzi schemes that collects from Peter to pay Paul .
It is better to invest in cryptocurrency and sell when the price rises , with that you WO t lose your entire deposit , unlike HYIP where you can lose all your deposit within seconds .
 

mrki_user

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I really don't know who would give you 10% more money for doing nothing. I understand when somebody invest in company or stocks but those cases you have background. In HYIP and similar programs there is nothing behind it.
 

Josemendez

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I really don't know who would give you 10% more money for doing nothing. I understand when somebody invest in company or stocks but those cases you have background. In HYIP and similar programs there is nothing behind it.
Yea but people don't think about it , they ate carried away by the promise of huge interest .
 
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