Why Hyip work or it is a scam?

vaitek

Some Hyips promise up 100 % in year!
Why someone have any expirience working with them?

dunstonh

This is a British website and HYIP from a UK perspective would be different to the US. Mostly due to the UK having better financial services regulation and making it harder for the scams that have taken place in the US to occur here.

Quarantz

HYIP's indeed promise you 100% daily for some periods. A lot of them are scams anyway. Some seem to do ok. I would never put my money into a HYIP. They dry up very quickly and (my opinion) are nothing more or less than the (in)famous pyramid games. 100% plus returns annualy are not a problem but daily is (at least for longer periods) impossible to guarantee. My advise: stay away from HYIP's, there are far better ways to make higher returns and less risky ones.

EdInvestor

FBI arrests the fraudsters

They appear to be some kind of US investment Ponzi scheme which arose after the dot com crash.

vaitek

HYIP's indeed promise you 100% daily for some periods.

No daily - but in year! And some work already some years.

dunstonh

Americans can be so gulible at times.

amosworks

lol, at times?

Quarantz

vaitek wrote:

HYIP's indeed promise you 100% daily for some periods.

No daily - but in year! And some work already some years.

100% in a year is very well possible, even more is possible. Maybe due to UK-regulations as Dunstonh mentioned this is one of the good ones. Is it clear how they use the money to get the profits? That should be clear. We always let our clients know how we trade/invest etc. If not, how can you be sure they make the profit for you...

dunstonh

I'm assuming vaitek is an American due to link in signature and the HYIP scam issue being an American concern.

HYIP are seen as a valid investment strategy over here but it is not presented in the same way. For example, you would never see promises of 100% in a year. The American HYIP should not be confused with British HYIP strategies and as this is a British site, it could cause confusion.

To see Ed mention "appear to be some kind of US investment Ponzi scheme" for the American HYIP just highlights the differences. You probably couldnt find a more pro HYIP individual than Ed, when looking at what it means in the UK.

nej

I've invested in a couple of HYIP's. They are NOT a thing to put a lot of money in. Most of them are scams and are basically Ponzi schemes. They will pay fine until they reach critical mass and don't get enough money in to cover the outgoings, then they disappear.

I treated them as a bit of fun, and overall made money (not a fortune though). The trick is to get in on the first couple of days, get your initial out ASAP then let the profit ride for a few days. After that, pull it all out and don't look back. Many of them don't even last a week.

Since the online payment processors starting going bust or stealing my money I stopped though.

EdInvestor

dunstonh wrote:

To see Ed mention "appear to be some kind of US investment Ponzi scheme" for the American HYIP just highlights the differences. You probably couldnt find a more pro HYIP individual than Ed, when looking at what it means in the UK.

There's no connection between the US "HYIP" scam and the British High Yield Portfolio share investing strategy.