subject: How To Keep Your Money Safe In H.y.i.ps [print this page] There are some important rules to keep in mind before you start investing in any HYIP investment program. These rules are the followings:
Think Long-Term : Never plan to get rich over night, because a good HYIP investment program will not fully pay your principal and interest in less than six month. Still, some programs and options will allow you to withdraw your interest daily.
Be Ready to Loose : It is a fact of life, that there are times when you win and there are times when you loss. So, be prepared and when losses occur, use it as a stepping stone towards for an improved investment plan and better results.
Don,t Quit : That is life, with ups and downs. Winners don,t quit, so, just keep investing regularly and learn new ways to improve your financial situation.
Diversify : It is essential not to invest all your money in one single HYIP program. No program will last forever. Some programs may experience various payment problems or delays in payment. It is recommended to invest in more than five investment programs to have several streams of investment income.
Get Your Principal Back ASAP : It is important to get back your principal as soon as possible before launching a more aggressive investment, in order to guarantee the safety of your investment. If the program operates on a longer period of time - about 6 months - it is best to go with a non-compounding option. Thus, the daily interest will rapidly add up and get back the initial capital you have invested. For a weekly repayment plan however, a compounding option would be more suitable.
Protect Yourself, Your Investments and Your E-Currency Account - It is better - where possible - not to use your real name with programs you are not certain. Additionally, use different passwords for your email addresses, investments and e-currency accounts for an increased security and safety.
Research and Research - Always perform a detailed research and read all the available information on the site. Check various monitoring sites and contact their support system if you have concerns or questions. Also, join HYIP forums and read the emails sent by the joined programs. In case of any warnings of a potential failure of a program, immediately withdraw your funds and look for a better and paying HYIP program. Regularly visit the investment programs you have joined for the latest news and updates.
Be Skeptical: If you discover a program that sounds too good to be true, then it surely is. Any program that pays more than 3% daily on less than a $5,000 investment, should be dealt with very carefully. Remember there are lots and lots of scammers out there so you need to be very skeptical of certain fly-by-night schemes. Also, NEVER join a program that is hosted on a free hosting service or sites that use the same scripts. You can view these scripts by clicking here. Never reply to any email asking for a confirmation of your username and password.
Be alert for Warnings: Always keep your ears on the ground, join HYIP forums, read emails sent by the programs you join. If there is a signal of failure from any program, do a total withdrawal of your funds asap and look out for better and still paying investment programs. Don't ever invest and go back and relax only to come back on the maturity day to do withdrawal.
Avoid Greed: Don't let the human factor of greed take over your investment decisions. From my personal experience, I lost a lot of money due to the fact that I allowed the emotion of greed to do my investing for me. Act from facts and figures rather than assumptions and speculations. Fear and failure should not be an option if you get enough relevant information. The scammers use the human factor of greed to lure you into investing your money with them. They offer very high and unrealistic interest rates within a very short time. When this happens, you'll know immediately that this will not last but the emotion of greed will always tell you to give it a try and this is where your downfall and failures will begin. These scammers might pay you the first time just to encourage you to invest more and when you do, they disappear.
Please take note of these important rules above and you'll enjoy investing in HYIP investment programs.
by: Sanjay Shenoy
welcome to Insurances.net (https://www.insurances.net)
