Ok there is a small chance to make money with a hyip if you have referrals and earn commissions or if the owners are not greedy and the site lasts long before it eventually collapses.
But even if you end in profit how do you feel that these money are coming from newer member's deposits who never got their seed money back?I know that many of them are aware of the risk but there are also newbies who think that they invest in a real product.
And no hyip is not a gamble..
Topic: bitcoin hyip are they a gamble? (Read 2270 times)
all the bitcoin hyips are out there and people are afraid to invest in them because " its too good to be true" ?
Well let me share with you that i have made alot of money on these hyips because you need to know when to come into them.
Let me give you an example with hashocean , they operated for a long time . I made alot of money with them because i was there in the beginning i deposited a bitcoin over a year ago there , and everyday i would get 0.02btc for over a year thats about 7 bitcoins .
I always new they were a gamble but lets face it everyone knows . Its just about getting in at the right time.
Once i made my initail bitcoin back everything afterwards was just pure profit.
I never reinvested because i did not know how long it would last .
Most good sites last quite awhile especially the ones that have advertining as well on there sites.
I found a new one that came out a few days ago and has paid our everything so far .
Is it a risk ? for sure , but there are good odds of it making you money because its so new .
see the top banner on my website for the details on it .
www.btcjack.com
a HYIP site is different of a gambling site, in HYIP if you choose a good site and withdraw you deposit at a good time you can make a pretty good profit, in gambling is more about being lucky , there is 2 option : you win a fixed amount of you lose everything . Well let me share with you that i have made alot of money on these hyips because you need to know when to come into them.
Let me give you an example with hashocean , they operated for a long time . I made alot of money with them because i was there in the beginning i deposited a bitcoin over a year ago there , and everyday i would get 0.02btc for over a year thats about 7 bitcoins .
I always new they were a gamble but lets face it everyone knows . Its just about getting in at the right time.
Once i made my initail bitcoin back everything afterwards was just pure profit.
I never reinvested because i did not know how long it would last .
Most good sites last quite awhile especially the ones that have advertining as well on there sites.
I found a new one that came out a few days ago and has paid our everything so far .
Is it a risk ? for sure , but there are good odds of it making you money because its so new .
see the top banner on my website for the details on it .
www.btcjack.com
anyway both of them have a big risk of losing money
I think that investing into HYIP programs isn't gambling(or if it is, it's not really fair). I think this because of the fact that there is no provably fair for HYIPs. Sure it's a "game" of first one in wins therefore being a game of chance(since it is in the gambling board), but like I said, there is no provably fair, and there is no house edge. Gambling sites also have their own bankroll.
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i think bitcoin hyip is include a gamble but different is bitcoin hyip take our money for long term, and gamble take our money in a second if we lose. bitcoin hyip is just only 1 time investment if there are really payment, don't make second investment (deposit), in gamble, there are playing games while we have a chance to win, but we often to get lose with gamble.
I better spend my money on gambling site ( legit one ) rather than hyip since if you're loss , you can verify your loss but if you're loss on hyip , you will got nothing to prove. But as far as my experience, HYIP may give you profit only when they are still new !
In my own thoughts hyip sites are gamble too because they are risky. They will be scam soon. I mean hyip site is just a short duration of time. So dont be confident in investing a hyip site it is better to study first and make a plan in deciding to invest in a hyip.
But there is no guarantee even after you made good study and research before to make any investment there, hyip is very dangerous form of investment and it can scam people after day 1 of its launch, we had so many example of this kind around us.
yes it is putting your money on a big risk just like gambling you dont know which way will happen hyip itself already giving you an idea to turn to be a scam so you can't control what will happen just like betting / gambling you don't know whether you gonna win or lose, for me personally hyip should not be tolerated many lives already been ruin by this scammers.
I would consider them to be just like gambling because you are giving them your bitcoin in exchange to give you profit but they do not have to give you even the amount of bitcoin back that you have put into their programs. So essentially you are taking a risk which is gambling with your bitcoin.
Don't believe in these so called high yield programs they eventually all turn into scams sooner or later. Because why would they be into it if not too turn a profit anyways?
Don't believe in these so called high yield programs they eventually all turn into scams sooner or later. Because why would they be into it if not too turn a profit anyways?
it is much better to gamble for me instead of joining hyip, because in gambling you know the possibility of losing but joining hyip especially if you are recruited by a friend or relatives it will harm that relationship if hyip turn to scam just saying because it is really possible that hyip is profitable for those who joined first without realizing and thinking about what will happen to those who joined in last.
In my own opinion this is really a way also of gambling your money but unlike gambling your faith would be on the other hand it is also somehow looks like lending your money and get it back with interest.
I dunno, you can somewhat question the ethicallity of gambling, but there is no question that ponzis are unethical. I wouldn't even compare tham to gambling, if you partake in them, you're also helping them scam people.
Plus ponzis are definitely illegal.
Yes sir you are right but their were also gambling sites or areas that are illegal right? same as HYIP but i think there were really no legal HYIP correct me if im wrong. Gambling for me really has no ethical value lol still just an opinion tho.
In my own opinion this is really a way also of gambling your money but unlike gambling your faith would be on the other hand it is also somehow looks like lending your money and get it back with interest.
I dunno, you can somewhat question the ethicallity of gambling, but there is no question that ponzis are unethical. I wouldn't even compare tham to gambling, if you partake in them, you're also helping them scam people.
Plus ponzis are definitely illegal.
In my own opinion this is really a way also of gambling your money but unlike gambling your faith would be on the other hand it is also somehow looks like lending your money and get it back with interest.
In my own thoughts hyip sites are gamble too because they are risky. They will be scam soon. I mean hyip site is just a short duration of time. So dont be confident in investing a hyip site it is better to study first and make a plan in deciding to invest in a hyip.
Some can make a profit if you enter in the start and the program picks up and is popular. If not it shuts down early and all is lost for all. So it is a gamble you take to see of the site will last long enough for you to make profits.
that may be true in one or two cases because you got lucky but there is no such rule for when they are going to scam you and run away. you can be the first one to make a deposit and still don't get your money back.
it is simple these sites are not honorable legit services, an scammer runs these so obviously they don't care about reputation and staying around so they can even run away in the first 24 hour before even a single payment.
Some can make a profit if you enter in the start and the program picks up and is popular. If not it shuts down early and all is lost for all. So it is a gamble you take to see of the site will last long enough for you to make profits.
I don't think we can compare these investments with gambling because these are meant for scamming people so I don't call them gambling. There are many sites they closed after the first day itself so no need to rush to invest on the first day and hope for the profits from these sites. In gambling, you will at least enjoy the game but investing on these sites only lose so both of them are not same.
Some can make a profit if you enter in the start and the program picks up and is popular. If not it shuts down early and all is lost for all. So it is a gamble you take to see of the site will last long enough for you to make profits.
They watch when the big investor come in then at that time they stop all interest payments to the smaller ones and then quickly close their site down to not lose too much from those interest payments. This is how they work. They wait until people are a bit more comfortable with using them then once a big investor deposits they run for the hills with a big profit.
thats true, hyips are created purely to steal people money, if i were you i would definitely not invest my bitcoins into it because you would definitely lose your money as it would stop paying fast
Arcteryx and do you know maybe some average in days how much is hyip living average in sites with roi like 200% in 4 hours or 200% in one day?
They watch when the big investor come in then at that time they stop all interest payments to the smaller ones and then quickly close their site down to not lose too much from those interest payments. This is how they work. They wait until people are a bit more comfortable with using them then once a big investor deposits they run for the hills with a big profit.
I am interested if i fould hyip which is paying 200% in 4 hours if i depo in 0 running day do i will have enought time to withdraaal my money or nof and is there any hyip strategy?
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