(May 27th 2012 re-post) Making money online is the best way to earn a living for millions of people on Earth. For you, it could become the worst experience ever ! How you behave in the high yield investment market will dictate whether you’ll make money or lose it all :
1. Wait for the best investment
So you decided to try some HYIPs and of course, you want to start making money online right now. However, the best HYIP opportunities may not be available ” right now ”. I know it’s special when your e-currency accounts are loaded and ready to work. You’re very excited about the potential profits you could generate during the next couple months and this feels great. What a thrill huh?
You have the wrong attitude and will never be a profitable online investor if you think a new leader opens every week. Don’t be too overwhelmed about new ventures coming up. To really make you money, they need to differentiate themselves from the generic crap. Because it requires an ingenious concept, a budget and solid efforts from the administration, you’ll have a better chance with those rare and unique high yield offers.
Don’t throw your money at the first came ; use good patience and you’ll harvest the jucier fruits.
2. Don’t rush your money like greedy investors do
Imagine you invested in a 2% daily HYIP last week and that all your cash-out requests have been processed with success. You’re singing in the rain with all that money coming to you without having to work. You want more, more and always more ! Stop that now and press mute…
Especially if you’re all new to online HYIPs , you won’t resist to re-invest and re-invest and re-invest. Be careful and fight the Mr. Greed in you.Get your money out of some HYIPs while keeping your money in others. Greed plays viciously, don’t be fooled by it.
Most importantly, the classic : don’t invest what you can’t afford to lose.Why risk the lifestyle of your family on potential scams ? Don’t make anything stupid.
If you do lose , don’t think you’ve learned the hard way and that you’re now ready with all the essential experience in order to earn yourself back . Accept your losses ; enjoy your winnings. If you came to HYIPs in such a rush for quick money, you can try your luck. Still, I recommend you get out of this whole business in a rush as well, so you don’t regret your money. This would make you feel even worst.
3. Learn how to differentiate the various types of HYIPs
Only experience over time will show you which HYIP have a lot of efforts invested into it and which are only intended to scam you off as quickly as possible. I call them cheap scams. You should take an hour and read about how a website is built and what kind of features it needs. I don’t mean to become a webmaster, but you need to know the basics : script, ddos, SSL, marketing, promotion, registration papers, ads, support/chat companies, hosts, whois, popularity, traffic sources, support service, design, description text, etc . Being able to attach an approximate price tag on an investment venture will serve you.
I don’t want to throw roses to my work since March 2010. Personally, I highly value the reports made by trusted and veteran chat participants ( thanks a lot for that guys ! ) because it helps everyone to avoid bad HYIPs. When you subscribed to our growing 1376 private investors community ( now 2349 as of May 26th 2012 ) , you joined other fellows who also want to build a relation in order to help make more money online. By the way, I’ll set up a new page with non-hyip money-making ways for 2012.
To continue, start monitoring them ( without investing ) to see how long they pay and what kind of announcements they make, when, etc. You should also visit tons of HYIP websites from the best to the worst to the average ( don’t click links in your e-mails though !!! ). Among many positive aspects, you’ll be able to spot copy-cats . A copy-cat refers to a new HYIP that copies the layout or presentation of another HYIP. Maybe you got scammed by one without even noticing it. Now you know.
In general, the amount of money spent in a business and its promotion campaign often tells you a lot about its goals and perspectives. Also keep in mind that a quality support service often equals to a quality HYIP, especially for high-traffic ones. Send an e-mail to the admin instead of talking to a third-party through the live-chat. See what happens.
Most of the time, you will lose your money in websites with cheesy domain names like 1-million-USD.com, alwayspayontime.com, guaranteedincome.com, becomerichin24h.com , onemillionclub.com, ect. You see my point. Furthermore, HYIPs displaying the statistics of their investors on their home page will not pay you for a long time; they use a cheap script anyway. Still the most popular. Did you know you can verify this here? ( http://www.goldcoders.com/?page=checkdomain ).Note that I already participated in goldcoders HYIPs that shut down after more than 100 days online.
In one phrase : compare new HYIPs with the best time-proven projects and decide if it’s worth your money. Successful admins repeat their formula.
4. Be a realistic investor, not naive !
If you came here with the dream of a financial freedom without having to lift the little finger, get out! Seriously, why do you believe the first guy who guarantees you a return on your investment ( ROI ) of 2% daily ? Even if you do get paid , stay skeptic. Do not take such nice words for cash, never.
What a fundamental element ! Because if you start trusting any investment company , you will lose control of your funds. After a quick phone call or a nice chat with administration, you’ll become more comfortable to risk your money. A lot more of it in fact, maybe to finance your new car or quit your boring job ? Keep in mind that scammers and thieves are intelligent fellows and they’ll do anything to steal from you. They will still sleep well at night.
I plan to add a testimonials page so if you want to share your experience in this business please e-mail me your text. This could really help many new investors joining our business.
5. Look for the green flags of good timing
What kind of HYIP could pay you around 1% daily for more than 400 days? How to spot them in their early days ? Can a HYIP pay for 3 years ? Even more? How to know where to invest ? Is right now a good timing to invest ? Etc.
If you can’t see the green flags, you must see the red flags. We enter an obscure part of the HYIP investor’s life here because each new announcement or behavior need to be taken care of case-by-case. In other words, a red flag for one venture could translate in a green flag for another one. This ranks up to the hardest aspect for you as a high yield investor. For example, people who got too excited about the new betting platform at Primfix ( a highly popular program in 2011 ) got heavily burn.
All in all, even if you can’t decide the color of the flag, you have two valuable allies to implicitly protect yourself : diversification and greed-control. Because whatever you decide, you’ll have higher chances to win at the end of the month by sticking to your first investment plan and limits, always waiting only for the most promising HYIP offers. Did I insist enough on not getting charmed or comfortable with your paying HYIP?
6. Be a fool or diversify your investments
Back in 2006, I also made the newbie mistake to put all my 12,500 golden eggs in the same basket. That was with my first HYIP. As lucky as one can get, I could get out with good timing, unlike the majority. At that time, I was not even aware of my unawareness.
You only can decide to spread your assets in various investment websites or not. You simply increase your risks to lose if you don’t. Of course, I assume you know which HYIPs to avoid, because diversifying your money in bad programs won’t bring any success.
Here’s how you can diversify your money :
- Choose HYIP with different payout plans : long-term, mid-term, short-term
- Different lifetime
- HYIPs with different approaches
- Different popularity ( make sure the HYIP is not going down first ).
- Different designs
All in all, I want to build a diversified selection of innovative and unique HYIP offers. Take all your time. Again, where’s the rush? If you have a rush or need for quick cash, forget about HYIPs.
7. Pay yourself
I pay myself every month! Of course, it depends on the total weight of your portfolio. Personally, I have 3000$ active and I bank about 80% of my profit each month to re-invest 20% of my profit. Very nice extra-income if you ask me. All this from the comfort of a white sand beach with coco trees and bikinis ; yeah right !
Not paying yourself on a regular basis could lead to bad investment decisions. Never let your emotions take control over your money and start paying yourself today. You’ll be happy and satisfied you did. It will also allow you to take some distances from this underground high yield investment market ; you’ll look at it from a new and better angle. I can guarantee that your first Friday-drink paid with your HYIP profits will taste better than the usual .
For 2012, I plan to go FOREX.