Topic: Think about when you invest in hyip website (Read 240 times)
Need an explanation, why hyip websites promotion topics are available on bitcointalk? After all, all hyip topic started are tagged with "Ponzi scheme". Why allow to create such a topic, and then automatically tag its OP for promoting Ponzi? Maybe it will be better to forbid hyip promotion at all ?
I think am more informed now and I know what to look out for to determine if a project is hype website or pyramid scheme, back in the days I was a victim of this cruel platform but not anymore, I tried to equip myself with all the necessary information and this is also another additional information for me, thanks @op.
I think who loves Hyip he wants to be a playboy 
.Don't want to work hard, Don't want to research.He dreams that he will earn money by sitting and spending money behind the girls. 
.Don't want to work hard, Don't want to research.He dreams that he will earn money by sitting and spending money behind the girls. 
Yeah the high yield investment plans. The name itself sucks man.
I think such topics shall exist in the multiple threads and mostly in the beginners and help section. The reason being it mostly helps newbies rather than people who already exists here since grandma time!!
And i guess it is alright to have such topics as "refresher" course so that everyone can go through them. It is all about money and how to not risk it all in this anonymous market. It would be better to share any real examples that has apparently witnessed by someone.
I think such topics shall exist in the multiple threads and mostly in the beginners and help section. The reason being it mostly helps newbies rather than people who already exists here since grandma time!!
And i guess it is alright to have such topics as "refresher" course so that everyone can go through them. It is all about money and how to not risk it all in this anonymous market. It would be better to share any real examples that has apparently witnessed by someone.
Well, I say it would be better to post an example (a company) that offers high yield return every once in a while. This is to remind everyone, not only the newbies but also those desperate/greedy investors that no one would actually giving out free money without doing anything other than putting your money in a specific company.
Posting of an example of a company is better than just reminding everyone the characteristics of an hyip scam.
There are already a lot of explanation on how on how high yield investment programs and ponzie scheme works in this forum. People constantly warn others about the risks and scams associated with it (like the exact way you are warning!), but there are people who still fall it. They get greedy and without thinking twice they start investing in those programs and loses everything eventually! Again, there are people who "knows" that these are scams, but they still want to try their luck and see if they can escape with profit.
I might sound harsh, those people deserve to get scammed. At least they will learn a valuable lesson from it and warn others.
Greediness pushes the people to join in a ponzi scheme and high yield investment. Imagine the returns that it can bring to you when it will be hyped by the people. They want an easy money yet they fall to a scam. In my opinion, it is better to invest to a project that has potential but drives slowly than a project that is quick in returns but a bubble. We not be baited by returns in short run, remember investment is risky when you put it in hyip or ponzis. I might sound harsh, those people deserve to get scammed. At least they will learn a valuable lesson from it and warn others.
In the end,if you want to take a risk. I have advice that is don't invest again and again in same website. Invest low amount.
In the end, why still suggesting to invest a low amount after a long paragraph you shared here.
HYIP or any related thing will always be forever associated with the investment world so the only solution to minimize being scammed is by continuous awareness. There will be really people that will fall on this as these HYIP operators know how to market well their brand making it convincing.
That's because of the lack of knowledge and the greed for money.
Everyone wants to make money, so this scammers will try to run their very convincing marketing to attract people, and what's unacceptable is that even though there are already a lot of victims of HYIP in the past, yet, there are still people who are willing to invest, it seems like they don't learn from other's experience, instead, they want to experience the hard way on their own.
Quote
Sometimes people's common sense don't work because they are focusing on the promised good return.
They don't use their common sense because in this situation, they let their emotion work over their mind.
There are already a lot of explanation on how on how high yield investment programs and ponzie scheme works in this forum. People constantly warn others about the risks and scams associated with it (like the exact way you are warning!), but there are people who still fall it. They get greedy and without thinking twice they start investing in those programs and loses everything eventually! Again, there are people who "knows" that these are scams, but they still want to try their luck and see if they can escape with profit.
I might sound harsh, those people deserve to get scammed. At least they will learn a valuable lesson from it and warn others.
I might sound harsh, those people deserve to get scammed. At least they will learn a valuable lesson from it and warn others.
Everyone thinks they are shrewd. In real life, I have seen quite respectable and very smart people fall into the trap of fraudsters. All because each of them thought that he knew all the tricks of the scammers and that he would not fall into their hands.
In the crypto market, it is even more difficult to resist scammers. All because the profits here are huge and no one will be surprised by how timely purchased coins can increase your capital by ten or even more times. Here scammers skillfully disguise themselves as the same promising projects. Some do better, some do worse. However, if the scammers did not make money on this, they would not create new projects every time.
In the end,if you want to take a risk. I have advice that is don't invest again and again in same website. Invest low amount.
In the end, why still suggesting to invest a low amount after a long paragraph you shared here.
HYIP or any related thing will always be forever associated with the investment world so the only solution to minimize being scammed is by continuous awareness. There will be really people that will fall on this as these HYIP operators know how to market well their brand making it convincing.
Sometimes people's common sense don't work because they are focusing on the promised good return.
"HYIP" is a term you won't hear anywhere else but on bitcointalk (and probably some other crypto-related sites). The only thing anyone needs to know about them is that they're Ponzi schemes, and if anyone is unfamiliar with what a Ponzi is, just Google it.
Majority doesnt really have that time on making a simple google search thats why they do really end up into these kind of investments due to the fact that they do still believe that easy money do exist.They'll only realize when its already late and murmuring that they musnt have made some investment and they might able to save up their bucks but well people wont learn if they wont
experience these loses but it isnt really that necessary to experience because you can eventually avoid it if you are really just putting some importance into your funds.
Hyips are just a waste of time, its name itself feels like shit.
I was like, get in early and we can make good money because new websites pay to early members to create some reputation and buzz in the market about their services being legit. I have been seeing these hyips since 2004 and I can tell you that none of those websites are up and running right now.
I was like, get in early and we can make good money because new websites pay to early members to create some reputation and buzz in the market about their services being legit. I have been seeing these hyips since 2004 and I can tell you that none of those websites are up and running right now.
OP, let me make one suggestion to you that has nothing to do with the topic of this thread. When you write stuff like this, it is an infuriating waste of time, because you're being repetitive, unclear, and your post is extremely bloated:
"HYIP" is a term you won't hear anywhere else but on bitcointalk (and probably some other crypto-related sites). The only thing anyone needs to know about them is that they're Ponzi schemes, and if anyone is unfamiliar with what a Ponzi is, just Google it.
In the mutual fund world, there's something that's almost equivalent, which would be "high-yield funds" that invest in low-quality bonds that pay high interest because they're so risky. But those aren't Ponzi schemes or HYIPs, because government regulators would never let a mutual fund get away with running a Ponzi (see: Bernard Madoff).
If you come across something labeling itself as a "HYIP", run for the hills. You can thank me later when your coins are still in your possession.
Quote
they give you a certainty they will tell you that they will certainly pay you a certain amount a year a month or even a day. We cannot have daily profits from the market it's so volatile that you cannot have daily profits even the forex market okay which is one of the less volatile markets. You cannot have daily profits it's almost impossible to have the same profit every day even I mean the same profit every year
"HYIP" is a term you won't hear anywhere else but on bitcointalk (and probably some other crypto-related sites). The only thing anyone needs to know about them is that they're Ponzi schemes, and if anyone is unfamiliar with what a Ponzi is, just Google it.
In the mutual fund world, there's something that's almost equivalent, which would be "high-yield funds" that invest in low-quality bonds that pay high interest because they're so risky. But those aren't Ponzi schemes or HYIPs, because government regulators would never let a mutual fund get away with running a Ponzi (see: Bernard Madoff).
If you come across something labeling itself as a "HYIP", run for the hills. You can thank me later when your coins are still in your possession.
The simple idea to not get scammed by HYIP is not to invest in any types of those. That's it. ...
The problem for beginners is that they can't distinguish a hype from a real project. They do not understand how the cryptocurrency market works, so for them it is not unrealistic profit that scammers offer them. And hype around DeFi, in General, is able to confuse them.
I must admit that I'm too naive when I was just starting my crypto journey, someone told me to invest on this kind of HYIP, believed everything is true, invest some, got my returns, became greedy, roll everything and then suddenly the site went offline. Hard and expensive lesson, never thought in my life that I will be scammed by this method. Anyhow, that was the first and last time that I'm going to invest in this so called HYIP/Ponzi because I'm more wiser and experience now. However, I do believed that there are still a lot of unsuspecting victims that can fall for this trap, and it's going to be cyclical.
Yeah the high yield investment plans. The name itself sucks man.
I think such topics shall exist in the multiple threads and mostly in the beginners and help section. The reason being it mostly helps newbies rather than people who already exists here since grandma time!!
And i guess it is alright to have such topics as "refresher" course so that everyone can go through them. It is all about money and how to not risk it all in this anonymous market. It would be better to share any real examples that has apparently witnessed by someone.
I think such topics shall exist in the multiple threads and mostly in the beginners and help section. The reason being it mostly helps newbies rather than people who already exists here since grandma time!!
And i guess it is alright to have such topics as "refresher" course so that everyone can go through them. It is all about money and how to not risk it all in this anonymous market. It would be better to share any real examples that has apparently witnessed by someone.
I knew some of my friends that trust HYIP sites or what they called the doubler, It's actually alluring and attractive to the people because who doesn't want to have easy money without doing anything just waiting. Some of those sites gonna exit after 10 days and their website are gone and some of them just return 50%-70% of the money that has been invested to gain your trust and if you invest more you won't get your money back anymore.
Social media are full of those scam links and it's hard to prevent others from entering those sites but they also need to learn it the hard way by getting scam so they will prevent it themselves.
Social media are full of those scam links and it's hard to prevent others from entering those sites but they also need to learn it the hard way by getting scam so they will prevent it themselves.
The simple idea to not get scammed by HYIP is not to invest in any types of those. That's it. Investing in HYIP doesn't mean your working diligently, nor intelligently, it's just you being stupid and praying that you'd get the jackpot in a path where there's really no jackpot. Work smart doesn't mean looking for this kind of things, work smart is to find ways to actually profit while doing something you can do, and HYIP ain't one of those.
Learn something instead of trying to just blindly invest, even if you lost your investment when trading, at least you learned something useful, investing in scams only makes you learn that you were pretty stupid for even investing in ones as such.
Learn something instead of trying to just blindly invest, even if you lost your investment when trading, at least you learned something useful, investing in scams only makes you learn that you were pretty stupid for even investing in ones as such.
No matter how'd they try but if we are very keen in searching about their project considering scamming and Ponzi like schemes, they will never succeed in their bad intentions. It was our own discretion also to think if it is worthy or not, and not get fall into their hands. But if let that thing to happen, we are also feeding them and have them to survive.
Big offers, double your money, many had fallen and I think it was good for them in order to realize what they are doing and also to know how scamming and Ponzi scheme it looks like. Then in that way, they can also warn others base on their experience. I understand that we all can't be perfect but also have to think wisely and don't rush into a thing that we never know much.
Big offers, double your money, many had fallen and I think it was good for them in order to realize what they are doing and also to know how scamming and Ponzi scheme it looks like. Then in that way, they can also warn others base on their experience. I understand that we all can't be perfect but also have to think wisely and don't rush into a thing that we never know much.
There are already a lot of explanation on how on how high yield investment programs and ponzie scheme works in this forum. People constantly warn others about the risks and scams associated with it (like the exact way you are warning!), but there are people who still fall it. They get greedy and without thinking twice they start investing in those programs and loses everything eventually! Again, there are people who "knows" that these are scams, but they still want to try their luck and see if they can escape with profit.
I might sound harsh, those people deserve to get scammed. At least they will learn a valuable lesson from it and warn others.
I might sound harsh, those people deserve to get scammed. At least they will learn a valuable lesson from it and warn others.
They cycle will really continue as long there are people whom do continue on investing up into these things.I dont know if they do really learn up for these things to be a scam but they did still even try to test it out
because there are really people who do just join up and ran away with profits since they do know on how ponzi or hyip works but this turns out to be success from time to time yet we know that they can
ran off only a few hours which would lead into complete loss and those scammers repeat the whole new process.
Greed is one of the primary lessons why we do still seeing that there are people who do continue to get victimized into this very classical way of scamming.People never ever learn and it will continue
as long there are someone who do keep up feeding on this one.
These scammers will try and try their scheme because as you said there are users that still patronize this kind of business thinking that they can really earn money out of it. It is the hope that they will get good returns even if the site is not a reputable one. Just like you said, it is greed that attracted them to send funds even if the business strategy is not clear to them. Some of the users need to learn hard lesson before they realized that there's really nothing in it for them.
There are already a lot of explanation on how on how high yield investment programs and ponzie scheme works in this forum. People constantly warn others about the risks and scams associated with it (like the exact way you are warning!), but there are people who still fall it. They get greedy and without thinking twice they start investing in those programs and loses everything eventually! Again, there are people who "knows" that these are scams, but they still want to try their luck and see if they can escape with profit.
I might sound harsh, those people deserve to get scammed. At least they will learn a valuable lesson from it and warn others.
I might sound harsh, those people deserve to get scammed. At least they will learn a valuable lesson from it and warn others.
They cycle will really continue as long there are people whom do continue on investing up into these things.I dont know if they do really learn up for these things to be a scam but they did still even try to test it out
because there are really people who do just join up and ran away with profits since they do know on how ponzi or hyip works but this turns out to be success from time to time yet we know that they can
ran off only a few hours which would lead into complete loss and those scammers repeat the whole new process.
Greed is one of the primary lessons why we do still seeing that there are people who do continue to get victimized into this very classical way of scamming.People never ever learn and it will continue
as long there are someone who do keep up feeding on this one.
There are already a lot of explanation on how on how high yield investment programs and ponzie scheme works in this forum. People constantly warn others about the risks and scams associated with it (like the exact way you are warning!), but there are people who still fall it. They get greedy and without thinking twice they start investing in those programs and loses everything eventually! Again, there are people who "knows" that these are scams, but they still want to try their luck and see if they can escape with profit.
I might sound harsh, those people deserve to get scammed. At least they will learn a valuable lesson from it and warn others.
I might sound harsh, those people deserve to get scammed. At least they will learn a valuable lesson from it and warn others.
Jump to: