It happened so, that I began to play my money in such a gambling as HYIP investments. I’ve called it gambling cause it’s so in 90% of cases. After loosing my first 200 bucks I’ve began to absorb all the related information I could find.
The first thing I’ve faced with is the lack of really useful information which describes the true experience of a common investor as I am. There are several articles (I’ve found less than 20) which show the basics with the short descriptions in real situations. Other articles simply give you the same info by other words. A lot of articles written for promotional purposes, I mean, they’re being paid for writing the certain things, which are not true. We can’t blame those authors, cause this is their business. By the way, the same thing is about monitoring sites, and payment proof forum posts. In this cruel game, everybody earns his money the way he likes. I don’t think, that paying posters and monitors make millions on such a dirty job, so don’t blame them, when you’ll loose your money having invested them into scum-project which was widely promoted by them.
THE FIRST THING I LIKE TO STRESS, IS THAT IT’S YOUR FAULT ONLY. NO PROMTERS OR MONITORS TAPED IN THE SUM OF MONEY TRANSFER AND ENTERED THE PASSWORD. NOBODY HELD THE GUN-BARREL NEAR YOUR HEAD FORCING YOU TO MAKE AN INVESTMENT. THE ONLY THING YOU CAN BLAME IS YOUR GREEDINESS AND LAZINESS, AND IN 10% ONLY BAD LUCK!
So, the main thing for us, as for common investors is not get scammed by learning to read this information between the lines.
My own point of view on the hyiping is that it’s like a risky game or sport competition. Just game, not business or way to earn for living. And I’d advice you to take it the same, cause it’s much better for your nerves. I also take it as a game, because we can see the same rules working.
I always to compare such things with boxing (I went in for it for 8 years).
– It’s impossible to win all the time. Everybody has a chance to knock your out or make an injury. In many cases this will cost you the match loss. The same is with HYIP’s. Every project is a potential scam. And there’s always a chance that the program you’re considered to be the best and secure, collapses and takes all your money. It just means that you’ve lost the battle, but not the war! Consider this to be the lesson, and the money you lost, as a fee for learning. The more money your loose, the more important lesson it was. In any way, such lessons usually much cheaper and informative, than official investment courses.
– As I any sports, everybody has a chance to become a champion. What it depends on?
a) Rare talents only 5%. I mean naturally obtained talents.
b) Luck 10/15%
c) The rest is everyday training and experience.
The best way to obtain experience in hyiping is to invest. Do it with 1 dollar test investments. It’s loss will not cause you a bankrupt, but also give the possibility to participate it many programs at the same time without risking to loose much. One can say that you won’t get much profit of it. But you won’t loose much also. Don’t expect to make a great profit in the beginning. The main thing I have to concentrate on is not to loose your capital or try to have the nil balance (looses equal gains). Later you’ll get such thing as intuition. In many articles I’ve met such opinion that intuition is of great importance while investing large amounts of money on later stages of your HYIP adventure. I don’t remember the origin of this phrase but I fully agree that:
INTUITION IS UNCONSIOUS EXPERIENCE
So, what I’d like to stress with that obtain your experience and don’t think about super-profits.
d) The last one is the phrase from last “Rocky” movie: “No matter how strong you hit . What hits you can resist, that matters!”
From my banking experience I can state, that earning money using money is payment for taking risk. The risk is always the same risk of not receiving them back. The higher the risk, the higher is the payment for it. As HYIP’s the most profitable investment programs, the most risky they are. Everybody can loose his money or part of them. Don’t get desperate with that. Don’t loose your sense of fairness. When you enter the business, you accept its rules by default. If not, you have nothing to do there. As I said above, consider this the lesson. There’s another thing to resist hard hits. Build your investments portfolio wisely. All the articles about hyiping say the same things about diversification. I won’t repeat all of that. This is the source for another separate article.