October 1, 2010 - 9:18am
Nothing in this world lasts forever and we cannot enjoy only wins without failures and loses. Seeking for the best option to make money online you have no choice of what is white and what is black, what is reliable and absolutely safe and what is absolutely disadvantageous. First of all what you should do is decide what you really want, sit and count the expenses and all implications, as it was once advised by our Lord. Finally, you will decide whether you are ready or not bear some nuisances, troubles and loses for a significant and worthy result. Anyway, remember that without risking to do something you won’t learn if it is right for you.
Today HYIP industry allows people to earn extra and good money but, as anything on Earth, it implicates some risks and costs. It only benefits those players who on the basis of a comprehensive analysis find best projects and being courageous enough risks investing in them. Here is how you can make such analysis and some tips for your strategies.
Right view
When you consider online investing one of the important factors is your view. It is both about your attitude and your awareness.
Accept HYIPs as what they are
You should not expect a HYIP to be your honest friend that will give you back all the money in case something goes wrong. In case a HYIP experiences some troubles it is not your interests it will be focused on to protect, rather it is theirs. One expert in the industry who owns the website Riding The Ponzi has developed its own concept of 10 Laws that every online investor should follow if he/she wants to stay in profit. One such law says: “Accept that HYIPs Are Ponzis… Just think of it this way: nothing will consistently give you an ongoing daily 2-3% yield on your investment! Even brokers, who work for Wall Street investment boutiques, can’t even offer you that kind of rate!” But don’t be too pessimistic. Anyway, the whole industry would not thrive if it didn’t bring nice profits to people whom it targets.
Be an educated customer
Remember that popular advertising slogan of SYMS: “An educated customer is our best consumer.” Yeah, you would be the best consumer if you make every effort to stay aware and informed. Don’t be so lazy to make some research on the Internet about HYIPs that are popular today. Specifically, you need to obtain this information:
- · Date of HYIP’s launch, at least the term for which it has been running so far
- · Domain name term – if it wasn’t used previously by other Ponzis.
- · Registration documents – while they are usually fake, these are the sign of the HYIP’s firm commitment to a long term business
- · Company contacts – a serious HYIP should present its company address in the corresponding section. Every self-respecting HYIP always boasts its offshore address on the corporate website. Besides, every serious HYIP provides its email and phone contacts. Even if the phone number redirects you to some place with a bot talking to you, it is a good sign of a good quality investment program.
- · Consult Alexa – the data taken from Alexa would allow you to conjecture about the popularity and attendance of the website, because the graphs in the web information service are not paid.
- · Website SSL and DDoS protection. Every investment program that means business usually tries to protect, in the first place, itself and, in the second place, its customers. Look for SSL lock icon proving that the connection is encrypted and the information is secured. And, of course, a project that plans to stay longer than 2 months should have quality DDoS protection. Always consider these factors.
- · Third-party comments: don’t be lazy to go to the HYIP monitors and forums where you will surely find much information and feedback about the projects that cannot be found anywhere else. Many online investors share their impressions and opinions in these online forums while monitors categorize and list projects according to their profitability, solvency, popularity and seriousness.
- · Multilanguage interface – while this is surely optional feature and not too critical, still it is also a very good sign of serious plans. Be attentive so that the translation to other languages was not just a jumble from Google translation bots. A quality translation means extra expenses the project suffered to as to impress and attract its investors.
Information resources we recommend
When making up your own impression and opinion on a certain HYIP we recommend you to visit the following websites which will provide you for absolutely free important data you need to draw a conclusion.
Whois Services will help you with the domain and website registration data. All you need is to type the name of the website and press the Search button. We strongly recommend you to use the services of DomainTools.com.
Alexa service as we told you allows you to obtain traffic and popularity data about a certain web resource. You type the website domain name in the black field that appears immediately as you come to Alexa.com and press the Search button. When the search result appears you should press the Get Details button.
See the popularity of CherryShares investment project is growing. Over the three months the percentage of global users who visit the website increased by 188% which is a very good sign.
HYIP monitors
Among the most reputed and popular HYIP monitors we recommend you to visit these:
Hyip.com
As you can see the monitor places the top quality investment projects in the upper charts that are separated from other programs by an advertisement bar. See how much money hyip.com has invested in these three top programs. Remember that HYIP monitors invest more than $1,000 in a quality and serious investment project. So you can notice that Hyip.com invested $1,210 in CherryShares, $3,550 in OrbisTrends and $3,150 in PlexFund.
Hyipexlorer.com
Hyipnews.com
GoldPoll.com
Every monitor usually has its own discussion boards that resemble forums. Be sure to visit them too because they contain valuable comments of HYIP customers. This is firsthand information. Thus hyip.com presents user comments in the Discussion section. GoldPoll offers the same by the Program Details link.
Online forums
Online forums is another source of firsthand information where you can learn users’ comments and complaints related to a certain HYIP. We recommend you to visit TalkGold.com forum.
When you come to the website you will be presented a list of sections. To find a discussion about HYIPs you need to go to the Current HYIP's – Discussion section where you will find a great number of currently active investment programs. Tons of comments will help you navigate in the industry.
Strategy tips
- · Good timing – you should consider the term of a HYIP existence. If it runs more than 9 months you should be cautious. Besides, you should know the best time to withdraw your money. Don’t invest for more than 6 months.
- · Long term or short term – usually long term plans offer higher returns but you can as well make good profits on a short term plan, especially on a trial plan. As we said in our previous article you may create different accounts from different IP addresses and invest little money into short trial plans and the profit is guaranteed as long as usually HYIPs pay on these plans to attract consumers.
- · Compounding – experts of the HYIP industry do not recommend to compound. One expert says: “Compounding in an HYIP is the first step in losing all your money”
- · Reinvestment is also not the best course. An expert says: “Simply assuming that reinvesting will get you paid again is nonsense, you'll only hit rock bottom.”
Conclusion
Making money online is not a matter of high education in business, economy or finance. You just need to be sober, realistic and industrious in seeking thorough information. Analysis is what you actually need. Collect information, analyze and draw your conclusions. Learn as much as you can about a HYIP, look at the industry in a proper way – do not expect honesty when there is a talk about great amounts of money. But still, it is absolutely true that people do make money on high-yield investment projects, otherwise they would not be so blooming today. Invest in short term plans, find relatively young but not too young project. Do not compound and reinvest. And after all, be ready to lose – there are no wins without losses.