Starting HYIP Investment
Do you get in intimated when you hear people talking about HYIP investments? Do you feel that it’s too risky to put your hard earned money into an investment? It is a normal reaction to feel intimated or to think about investment especially nowadays when we are experiencing the financial stress all over the world. Who would want to put their hard earned money to waste? Well, not to hide anything, and provide a transparent impression about about HYIP investment, well there are risks associated with the high returns promised by the High Yield Investment Programs.
For the newbie HYIP investors who are thinking of investing in High Yield Investment Programs, should first take into consideration the high returns provided by HYIPs, as well as the risks
The Basics of HYIP Investment
Here are some basic things that anyone who is interested in investing in HYIPs should know:
Step 1 : The Funds
Define the amount you can afford to invest. Always remember the Golden Rule ‘ Never invest more than you can risk with’.
Step 2 : Opening An E-currency account
As most of the HYIPs accept investments only in electronic currencies, one needs to open an EPS account (Electronic Payment Systems), in one or several of them.
Nearly all the High Yield Investment programs accept PM (PerfectMoney) and LR (LibertyReserve).
Other Popular e-currencies :
Step 3. Purchase electronic currency.
Now one has to credit the E-currency account. If you’re about to buy PerfectMoney and LibertyReserve. The ways are to transfer them from your bank account. Another way is to do that via an exchanger. The Payment processors like AlertPay and SolidTrustPay allows bank wire and Credit Card deposits.
Step 3. Fixing Your Goals
Before plunging into an investment, you should identify your goals. Ask yourself whether you are looking for a long-term investment or a short-term one. The length of time that you allot for the investment will greatly impact the type of investment that you will get into.
Step 4. Risk Tolerance
Ask yourself how much risk can you tolerate or sustain. If you are somebody who is not comfortable with risks and with losing some of your money, do not go for investments in the volatile HYIP markets where there are constant losses and gains.
Step 5. Where To Invest
This is the most basic question that one should be able to answer after looking at the amount of your funds, your goals and the risk that you can take. A usual advice given by professional HYIP investors is to spread your money on different investment programs, that is diversification of portfolio. By having different investments, you are lowering the risk of losing all your money and increasing the rate of return.Even if one HYIP scams, the others survive, thus keeping you in profit or reducing the margin of loss. Select at least 4 to 5 high yield programs from the list of projects on HYIP-List(or find them on your own on the Internet) according to your preference and sign up with them.
Point to be remembered :Create a separate password (code) for each project. Do not rely upon your memory – save or write down all the passwords into a safe place.
Step 5.Divide Your Total Investment Volume
Divide the total amount to be invested into 5-10 parts and place them into the HYIPs you have selected.
Step 6.Withdraw Your Return Daily
Withdraw your profit daily to your E-currency accounts. Please do not keep it for the next day, considering the volatile nature of the HYIP market.
Step 7.Do Your Research
Investing doesn’t just mean putting in your money. Once you have decided where to invest, please perform a thorough research on that investment facility to see if it is stable ans sustainable.
Step 7.Converting electronic currencies into “real” money.
Perfect Money – you can withdraw money directly to their bank account or get cash through the Western Union or MoneyGram systems.
Liberty Reserve – transfer money to a bank account through one of the exchangers.
AlertPay: You can withdraw to your bank account by Bankwire, credit cards, check and also through one of the certified exchangers.
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