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Saturday, March 9, 2013

How to avoid HYIP Scams?

HYIP Investments can be a great way to experience success in online investing, and you can actually make some quick money through properly planned HYIP Investment. However like the old saying, there is risk involved in every business. The same goes for HYIP, which can be quite risky and you could end up losing tons of money very quickly. This is due to the fact that there are lots and lots of scams associated with HYIP, who are hungry to rip off money from you without a trace. We have even seen many HYIP Programs that scam before the first cycle. However you need not worry so much, as you can take a few steps to protect your investments to avoid ending up with the wrong HYIP Company.


The first and most important that you should always do is to find out all the information about the owners of the HYIP Company and their Website. Try to spend some time getting company's location and business address. Then put a little more effor by verifying that all the information that they provide are correct. Do not proceed until you have correct information about the company with you. If a HYIP Company is hesitant to give you any of their details, its safe to assume you will be scammed and its not worth wating tour time and money here.
Never invest in Short-Term High ROI Investment Programs. Never invest in any HYIP Company that promises you unrealistically high returns within a very short duration. It is impossible for any real company to provide such high returns in a short duration. And if it was actually possible, the company would be in Fortune 500 list. Instead of short-term programs, try to join hyip programs that are for the long term which can really grow your money with time. This way they would be able to make a profit with your investments, and only then can they pay you back.
If a HYIP Company announces a New Higher ROI Investment Plan, it is a clear sign that the company is going bust sooner than later. This is the most common event that happens prior to a HYIP Company going bust. Almost all the HYIP who are planning to close, try to cash in for one last time by showing greed to their Investors. The HYIP Company would introduce new Investment Plans promising you unrealistically high returns in very short period of time. We have seen some HYIP announce plans like 200% in 24 hours and 1000% in 5 days. It is a clear indication that the HYIP Company is about to close, and run away with all the invested money. You should NEVER invest in any HYIP Company if it has announced a New Very High ROI Plan.

Please check the quality of the website that the HYIP Company has. If the website is not professionally designed or is a copy of another sit, it is clear indication of an unreliable HYIP Program. The reason behind this is, if a HYIP Company cannot invest in a professional designer for their website, how are they going get the money to pay you. Also check if their website is hosted at a dedicated server, use SSL Encryption and a good Anti-DDos service provider. If the website does not use any of the listed service, it cannot be much reputed.
Finally just keep in mind that "if it sound too good to be true, then it probably isn't". You can avoid scam and get your high yields from different investment programs. But you need to keep in mind the rules and tips how to avoid getting scammed. Never invest more than you can afford to lose.

1 comment:

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