High Yield Investment Programs (HYIPs) appear in the beginning to be the key to unlimited wealth and fortune, but as possible guess that quickly changes. However, We have found myself still using them within a limited fashion as a generator for my digital currency exchange. I will discuss that within a later article. First, you need to realize the idea of e-currency. It is a digital currency that is traded and useful for purchases online. In reality, it has no national boundaries, is handled in a number of currencies which is very liquidible. While many of these factors make it a very versatile tool for the investor, furthermore, it can make it anonymous and thus very alluring to the scammers and thieves. Be warned it really is almost impossible to find out who you are working with or anything they are actually going with regards to your hard earned money. There are several types of e-currencies however i prefer e-gold for a lot of other endeavors than Help.
Hopefully, my knowledge of Hour Money will help you to make wise decisions concerning your use or non-consumption of them. I had been very hesitant when I first came upon HYIPs although the rewards were so tempting that I had for more information. I surfed through site after site before opening my e-gold account. Then, I used to be willing to jump in and merely like anyone that jumps in headfirst I ended up with a headache. Most of my initial investment of the hundred twenty dollars traveled to two sites I thought to be professional and well-maintained. Since the old saying goes looks can be deceiving, after investing fifty dollars in each site I waited with the extreme anticipation for my first pay out per week later. I could possibly not watch for my hundred percent plus profit. The week came and went and needless to say, I am just still waiting for this day. In Reality I never received a cent nor even had an email return from either site.
I licked my wound and decided not to stop. After about two more weeks of research, I came upon a forum that let investors rate the Instant pay. It had been referred to as Ministry of Gold (MOG). I monitored it for a few more weeks, and after that I had been willing to try another hand. This time I invested another hundred dollars. However, unlike previous time, I invested 5-10 dollars in twenty different HYIPs. To my surprise, many of these paid me. In fact, my initial investment doubled inside the first week. YES, I found myself excited, too. But please carry on and look at this before you run out and put money into HYIPs. Across the next 2 months, I continued to shell out ten to forty dollars in twenty-five different sites. Also, I kept investing extra money into one site, TradeInvest. It was around over a year and paid an 80 % profit for four weeks. Two months later, my original 200 dollars had grown to in excess of six dexqpkyy32 dollars. Soon, a lot of the HYIPs I used to be investing ten to thirty dollars in started to disappear. This did not phase me as a consequence of my sustain profits from TradeInvest. Low and behold come one-day tradei9nvest failed to pay me. I checked the MOG forum and located that they had stopped paying everyone. To this day, they have got just completely disappeared.
I had been left with no more than fifty dollars under one fourth of the things I originally started with. It had been all in one trusty Hour called prime fund. There is a silver lining to the story. Prime fund remains paying me anyone to three percent of my initial investment which can be about sixty percent a month.
To summarize, the countless hours I had to spend in research, analysis, and follow-up for HYIPs had not been well worth the rewards. I actually do think there is money to be made out of them but it may need someone devoting all of his/her time with a continuous basis to alter to all of the scams. I only recommend HYIPs as games not investments.