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Ten important things you should know about HYIP's

High-Yield Investment Programs or HYIP’s are what the name implies, investment programs that in theory should provide high yields. The unfortunate thing is that with all its promise it usual fails to provide high yields or any at all, as they are, in most cases scams. HYIP owners mostly operate HYIP’s over the web and usually offer returns of 10% to 45% per month. They usually offer many different investments schemes and uses third party exchangers to act as payment intermediaries between themselves and their clients. HYIP’s do not usually provide much verifiable evidence of their legitimacy and in most cases are very difficult to contact. Generally, they operate like pyramid schemes as those who invest early gain and those who invest in the later stages pay those who invested before them. Eventually, those at the bottom of the pyramid are scammed. There are many who profit from these programs and here are ten ways they do this. Note however that even though some profit as a result of the items mentioned below, some scams displays all the elements of a legitimate company, so be careful.

1. Since most HYIP’s operate like pyramid schemes, it is important that participants get in early and leave just as quickly.
2. Do not role your investments, that is, withdraw all earnings as you get them to protect you if the program is a scam. Stay away from any scheme that locks your investment and profits for protracted periods.
3. Check the HYIP monitors regularly to determine whether the programs are paying. Be careful however, as some of these HYIP monitors works for the HYIP’s. Additionally, scams will usually ensure that they pay the large HYIP Monitors to give the impression that their program is legitimate. You can also check forums surrounding the HYIP you are interested in.
4. Ensure that you do not place all your eggs in one basket, that is, ensure that you use the funds that you plan to invest on a number of well paying HYIP’s rather than on one. This helps to protect your investment against scams.
5. Invest in those HYIP’s that seem reasonable. The higher the level of interest the higher the probability that the program will turn out to be a scam.
6. Only invest funds you are willing to lose. With the prevalence of scam artists that operate HYIP’s there is huge chance that you will lose all your money.
7. Only invest with those HYIP’s that you can contact easily. Try to contact them before you invest as scams usually have minimal contact with their clients.
8. Invest small amounts first and then if the program pays, you can increase the amount of your investment.
9. Stay clear from HYIP’s that are vague as it relates to how they invest your money and where they are located. You should also ensure that they have a contact number.
10. Ensure that the HYIP’S website looks professional. Scams tend to look unprofessional and share similar HTML coding.

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