HYIP Monitors - How They Work and Can You Trust Them?
HYIP, or High Yield Investment Programs allow you to earn
a considerable daily or monthly interest on your investment. It
can be something from 5% monthly to even unbelievable 50% daily.
The risk is very high and you need always to know the most up to
date information to take the right decision. By investing in
HYIPs you risk your money every day, because you has no warranty
that your money is safe and in fact it isn't.
There are several sources of information about HYIP programs,
though no one of them is perfectly reliable, you should use them
all and know how to find the needed information about every
certain program. Without the right information it may be much
harder to be a successful investor.
One of the main sources of the HYIP information are the HYIP
monitors. HYIP monitors list all HYIP sites and provide with
some basic information about the program, as when it was
started, how does it claim to gain the needed profit and what
are the interest and fees, but also the most important
information - if the program is paying or not. Some programs
continue operating even after they've finished to pay their
members and while experienced investor may always find out
easily if the program still pays or not, newbie investors may
sometimes lose money on such programs.
All HYIP monitors work in a very simple way, they just monitor
all the HYIP programs and also sort them by payouts, age and
their preferences. Lots of HYIP monitors also allow people to
vote for the programs. While this is a great feature, some of
the votes may be easily forged by the program owners themselves,
but still the majority of votes are usually made by real
persons, which were happy after they got paid. Also pay more
attention too the bad votes.
Good programs are never marked with "not paid", so if any HYIP
monitor claims that the program is not paying, stay away from
it. But even if the program is paying now, it may stop paying
soon and turn to a scam. Look for more information about a
program before considering an investment.
There are now hundreds of different HYIP monitors and most of
them list hundreds of HYIPs, the competition is very high,
though Goldpoll is one of the biggest HYIP protals. Other good
HYIP monitor is HYIPs Analysis, where you can check an average
lifetime of any HYIP program and estimate how long will a
certain HYIP last.
HYIP monitors earn from the interest paid by the HYIPs, but also
form referral comissions generated by their visitors who decide
to invest in the program. Also every HYIP owner should usually
pay around $20-$50 to get his HYIP listed. This money is
invested aftewards into the program.
HYIP monitors are great to check the program and see if it pays,
but they mostly list programs paying high returns, like over 10%
daily and these HYIP usually don't last long, so a lot of people
get scammed by believing that the program is able to generate
this kind of interest for a long term period.
Use HYIP monitors to find new programs, but also use HYIP forums
and read HYIP articles to educate yourself more and to be a more
successful investor. GoldenTalk is a good HYIP forum, you can
find plenty of useful information there. Also read articles and
reviews published at HYIP Best.