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10 Security Tips for Investing in HYIPs
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Posted by: admin
10 Security Tips for Investing in HYIPs
Posted by admin on Monday, April 12 @ 22:00:44 CDT
Our Web Life Technical Specialist has provided the top 10 tips for investing online.
Never spend to a program without a forum. This is the golden rule. If you can't see what others are saying then you don't need to take a chance.
Never spend to a program hosted on a free hosting site. Any kid can run a scam on a free host; a site can be set up in a matter of minutes. It can disappear in a matter of seconds. There are exceptions to this rule, but they're very rare.
All gold games are Ponzis. Common sense will tell you a stranger isn't going to pay for a host, register a domain, and pay to have a site designed just so he can pay you 500% of your spend.
Don't bother waiting for first spends. Many times people will wait to see if a program makes its first payout before they spend. A scam will almost always pay out one or two times to bait more spenders.
Rating programs don't work well. They have their place in the industry, mainly as a promotional tool. By the time you see the unhappy faces on rating pages, your money is already gone.
How did you find out about a program? Often it's from SPAM. A lot of programs SPAM, mainly because it's too difficult and expensive to advertise their site. Generally speaking SPAM = SCAM, so stay away.
High-tech sites are high-tech scams. It costs a lot of money to design these sites - thousands of dollars. This means an admin has to scam you out of thousands to make a profit. In the end, it's you who is paying for that high-tech site, not the program's admin.
There are a lot of players and scammers out there. Always remember that one spend is often paying for the next, at the expense of the newer player, so try to find programs that have real investments and generate returns legitimately.
Most "Investment" type sites are Ponzis. They just claim to be investments to trick the more gullible spenders. If a program doesn't tell you exactly what it is investing in, usually it isn't investing at all. For more information about the man whose name became synonymous with these schemes, visit the Charles K. Ponzi web site.
Do your research before spending. Read investment forums often. There is no way to get around doing this. If you want to make money, or at least not lose money you have, you need to study. An experienced player loses less money than a newer player. Remember that there are literally hundreds of programs out there - you can afford to be picky. If you don't like something about a program then move on. Older programs have a high risk just like new programs do. They have paid out for a while and they are often on a tight budget to make payouts to many older spenders. So Good Luck, do your research and Happy Investing!
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