Understanding HYIP
Okay, now im already out of HYIPs. Let me provide an insight on these HYIPs. To me they are all scams. Even the 'good' HYIPs will end some day. There are no HYIP that will last forever. In all I lost US$30 on the HYIPs which is still an ok amount for me =p.
For those who are thinking of going into HYIPs, let me provide a few strategies.
1. Do not reinvest your money into the same HYIP. You do not when it will end, so put your profit elsewhere (IF you get your profit) as there are thousands and millions of HYIPs nowadays.
2. Diversification is the key. DO NOT put all your investment into one program. In this way, the probability of making a profit is higher cos if one program close down you still have money parked in other programs (unless all fails at the same time haha =p)
3. DO NOT invest what you cannot afford to lose. To me HYIP is just a game. It's like the pyramid style of MLM. Please DO NOT expect to become rich just by investing in HYIPs (or even MLM).
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