Wednesday, August 18, 2010

Made My First HYIP Investment No Cost!

I in no way am a HYIP expert. I have been looking at them for the past several weeks and am honestly a little scared of them. The risk seems huge as one shows up another one just poof, disappears. money in hand of course, never to be seen again.

I am not sure if HYIP's are a myth for the greedy to part with their money or a goldmine for those who do their homework. Or maybe it is a little of both. I have been on the forums looking and they are good to report which are paying and which are scamming.

I opened an alertpay account with only $25 in it. I really like paypal but HYIP's don't use paypal. I am not familiar with alertpay but having one more option to pay for things is good. It took a few days to activate and transfer money to my account. I went on the forums today looking at HYIP's so my $25 wouldn't get lonely sitting in the no interest account of alertpay. I found daily-funds. They are giving a free $5 sign up deposit to your account. So I made my first HYIP investment without it costing me a cent! You can leave it in the account to earn interest but to withdrawal you have to deposit $5. Well I can risk $5. I haven't deposited it yet. I will wait a few days to see if it really accumulates interest. Then I will deposit $5 to activate my withdrawal feature. If all goes well it will be a free investment. I will update when I do it. For a bit I plan to let it ride.

The nice thing about the HYIP accounts is that you can earn referral money to deposit into your account as well. So you could really have a free investment. Especially with daily-funds. Most people who already invest or are thinking of investing in HYIP'S probably are willing to risk a quick turn on $5, especially if the forums are saying they are paying. They are so far saying that they are able to withdrawal.

Perfect novice HYIP investor fund.

Well that is enough excitement for today. My $25 will just have to be lonely another day. I may split it into 2 funds just because of my novice status. Most have a low entry like $10. I want to build my confidence before getting to much money into HYIP's.

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