HYIP stands for High Yields Investment Program. It gained popularity when e-currencies such as e-gold was introduced. HYIPs allow investors to invest even in a very small quantity, making the program very popular and easy to follow. As with other investment, high gain means high risk. Many HYIP programs were proved to be scams. Most HYIP companies offer an attractive interest of 2-4% per day.

High Yield Investment Programs (HYIPs) appear at first to be the secret to unlimited wealth and fortune, but as you can guess that quickly changes. However, I have found myself still using them in a very limited fashion as a generator for my digital currency exchange. I will discuss that in a later article. First, you need to understand the concept of e-currency. It is a digital currency that is traded and used for purchases on-line. In fact, it has no national boundaries, is handled in many different currencies and is very liquidible. While all of these factors make it a very versatile tool for the investor, it also makes it anonymous and therefore very attractive to the scammers and thieves. Be warned it is almost impossible to know whom you are dealing with or what they are actually going to do with your money. There are many types of e-currencies but I prefer e-gold for many other endeavors than Help.

Hopefully, my experience with HYIPs will help you to make wise decisions about your use or non-use of them. I was very hesitant when I first came upon HYIPs but the rewards were so tempting that I had to learn more. I surfed through site after site before opening my e-gold account. Then, I was ready to jump in and just like anyone who jumps in headfirst I ended up with a headache. Most of my initial investment of a hundred twenty dollars went to two sites I believed to be professional and well-maintained. As 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 a week later. I could not wait for my hundred percent plus profit. The week came and went and needless to say, I am still waiting to this day. In Fact I never received a penny nor even had an email return from either site. I licked my wound and decided not to give up. After about two more weeks of research, I came upon a forum that let investors rate the HYIPs. It was called the Ministry of Gold (MOG). I monitored it for a couple of more weeks, and then I was ready to try another hand. This time I invested another hundred dollars. However, unlike previous time, I invested five to ten dollars in twenty different HYIPs. To my surprise, all of these paid me. In fact, my initial investment doubled in the first week.

Rules and Tips for HYIP Investors

Rule Number 1 : Spend What You Can Afford to Lose
High Profit = High Risk. HYIPs are almost like Bubble Games in the risk factor

Rule Number 2 : Diversification
Never put ALL your money into one small program, regardless of how good it looks.

Rule Number 3 : Do not trust on emails
If you receive an email with advertising, go to one trusted Monitor, like GoldPoll, and look for the site yourself. Remember, DO NOT FOLLOW LINKS ON EMAILS. This is a common mistake of people who was scammed.

Rule Number 4 : No more than 10%
Nobody can pay you more than 10% daily, or more than 200% of what you invest. It's impossible. So be careful with those programs that offer you 600%, 300% in 5 hours, because the most probably is that you will be scammed before to even get your principal back. If they offer you to pay 60% per day for 10 days, don't even think on waste your money.

Rule Number 5 : Be careful with posts and comments
Be specific with your ratings, and don't trust in incomplete ratings. You should put the payment number over the total and the date of payment. Sometimes some people put comments with just a smiley and a "paying" comment. Try to be specific like: Payment 3/30 - 04/17/2005 - OK!

Rule Number 6 : Do not instant bad rate programs.
If a program experiences some problems, give to the administrator few hours to solve the problem. Sometimes small administrative teams have no concept of how many people can enter a program in the early stages. If you have not been paid, send one email to the administrator and wait 12 hours. If you still don't have answers, put a bad comment all around. Go to the Monitors and report SCAM.

Here you have some tips for investment on HYIP :

• Do not trust in programs who offer you more than 10% daily. That's impossible. If you are lucky, you will earn more than you invest, but they will scam people for sure at any moment. do hit and run for this type of HYIP. Just invest at the first they open their program until 1-2 periods of their cyrcle. don't invest at 3 cyrcle or more
• Do not trust just in the posts in forums of people who say that get paid, because there are a lot of people who offer that services for a small fee.
• Do not invest all in one site !!!... if that site disappear, you will lost everything. For example, we buy and sell stocks, but we never buy all the stocks of the same Corporation, because there are too much risk.
• Weekly or monthly payments are not good idea. They generate earns every day, so, why they want to pay you weekly?. If you really trust in the site, you can choose that option just to reduce the fees at your ecurrency account. For example, e-gold charge you 5% if you make transactions of less than $0.5, and they charge you 1% if you make transactions over $10. If you have a daily income of $2, they will charge you for 5 payments $0.5 (5 x $0.1), but they will charge you just $0.1 for one weekly payment. We offer this option, but we don't pay more interest for weekly or monthly payments, because we don't earn more. They try to keep the money as long as they can, so when they decide to leave, they will have a lot more money.
• Do not trust in sites hosted on free web hostings, specially free-space.us. They have a lot of SCAMMERS hosting there.
• Do not trust spammer
• Do not set compounding option (if available) to 100%. set it to 0% until your principal spend/money back to you.
• Always cek your hyip program (you invested with them) at site hyip rating/monitoring.if they site down 5 or more times. I suggest you make withdraw your principal money. take away from them
• Set an exact amount of money, that you are willing to lose. No matter what comes along, don't go back to the bank. Whatever the maximum amount is that you are willing to lose, only spend one-half that amount to start and wait for some money before you spend any more
• Start with programs that have been paying for a while. Check the rumour mill to see if they are experiencing any paying problems. If there's the slightest hint of trouble, find something else. Even if there really isn't a problem, the rumour mill can create one.
• Share information at the forums