Best Paying HYIP Programs Online – Should You Trust Them?
There are many HYIP programs on the market and some have been rated the best paying HYIP programs online. Should you trust them and invest your hard earned money in these investment companies? Read on and find out more.
What is HYIP?
If you look up the definition of HYIP on Wikipedia, a high-yield investment program (HYIP) is a type of Ponzi scheme, an investment scam that promises an unsustainably high return on investment (ROI) by paying previous investors with the money invested by new investors. Yes, this is how HYIP makes money and distributes the profit to their investors.
Best Paying HYIP Programs Online – Should You Trust Them?
There are way too many HYIP programs on the internet and I have yet to find a legitimate investment program that works.
A few months ago, I received several emails from my readers about the legitimacy of these so-called real HYIPs on the market such as Capital7, Amazing 5, and BTC Hourly. I made a thorough research on these programs and published reviews on these products.
When I first published the reviews, they were one of the “best” HYIP programs online on the market as they were relatively new and were still paying their investors. I was bombarded with emails and comments on my intention of giving ZERO ratings to these best-paying HYIP programs at that time.
A few months down the road, three of these programs shut down and gone with the hard earned money of their investors. I have then received a few feedbacks from my readers that they were glad to read my reviews. I am happy that I managed to save some of the innocent people and keep them away from these internet investment scams.
Read below comments left by some of the readers of mine. These HYIPs were identified as scams in my posts and some were unlucky to find my reviews later.
I hate scammers as much as everyone else, and I don’t believe in HYIP programs as almost all of them are scams. Some of them survived longer than the others, but they don’t stay long. The scam purports to offer investors extremely high rates of return on their money, but in reality, most participants will have their entire investment stolen.
Those HYIP monitors are paid to make fake reviews. Some of them are basically affiliates of “the best” HYIPs. As you sign up as an investor with these “best” programs, they earn a referral commission.
Should you trust those highly recommended and so-called best paying HYIP programs online?
The answer is NO.
When it comes to investing your money, don’t be drawn in by scams that seem too good to be true. Even if they have been highly rated by the HYIP monitors, you shouldn’t trust them at all. Stick with established financial institutions and investments that are clearly legitimate. If there is any doubt, do not hand over your money.
Instead of HYIP programs, what do you recommend to make money online?
I don’t like the reliance on a Ponzi scheme and I hate it. I don’t like to make bad money. Making money by dragging people into a Ponzi scheme is an act of stealing people’s hard earned money.
Instead, I do affiliate marketing (it’s different) and rely 100% on myself to build an income online. If you are interested in alternative ways to generate a real passive income online, you might want to consider running your own legitimate online business.
Affiliate marketing is internet advertising that allows any online business to affiliate themselves with bloggers (known as affiliates) using affiliate programs. Affiliates make money by generating sales, leads, and traffic for the Merchants business (e.g. Amazon, ShareASale and etc.).
It allows you to earn money by promoting products from other companies. Any product you promote is going to be based on your opinion, and you are not required to stick with just one company. When you reader makes a purchase through your blog, you earn a commission. Simple as that.
Look at the infographic below to get a better overview of affiliate marketing.
How to Earn $50-$100 Daily from Affiliate Marketing?
The 100% working method to earn money with affiliate marketing is here. It is so simple and easy with fast and guaranteed results upon your hard work. Yes, I would like to emphasize here that nothing comes free. Affiliate marketing is just like any other bricks and mortar business, it requires hard work, patience, and time.
1. Find Your Niche
Almost everyone has a hobby, at least one. Maybe you have a very special skill or knowledge on a particular subject that people can benefit from.
Remember one thing is when you are finding your niche, avoid being too broad with your selection. For example, do not blog about Work Out Tips and Motorbike at the same time. Both of them fall into different categories and they just can’t simply be put together.
The key here is to make money helping people online. If you can help people that are interested in the same niche that you enjoy, you can connect with people on a personal level. This will lead to trust in you, your website, and your content. In turn, this will result in sales from products that you recommend that are based on helping the needs of your niche audience.
2. Build a Website
Secondly, you’ll need a website. I think most of you already have it. If you do not have a blog or a website yet, don’t worry. You can try to get a free domain below. After choosing what type of site you want to use to refer visitors to affiliates, the second decision to make is choosing your domain name.
This name is important and will be a huge part of your online presence. It may take some time to settle on a domain simply because so many are already taken either because they are being used or have been previously purchased and are being held for later sale.
3. Create Content (Blog)
So what is the connection with a blog and an affiliate marketing? A single word answer would be “TRAFFIC“. Bring some targeted traffic to your blog and sell some products (digital or real). Another great example of making revenue being an affiliate (selling digital products) is Themeforest. Themeforest is loaded with lots of themes and they will give you commissions for selling a theme via your referral link. Else, just go for Amazon Associates, you can easily find any products that are relevant to your niche. You name it, you will find it there.
You need a little 100 daily visitors to your blog. If you don’t have a blog, then first create it and write unique articles to generate traffic. Reaching 100 visitors daily isn’t much hard for any of you if you publish high-quality content about your niche (a subject that you are blogging about – photography, music, hiking or yoga).
4. Monetize Your Content
If one of the reasons you are reading this post is to make money by helping people, then this is the step you have been waiting for. Now that you’ve learned how to set up your blog and create great content, you are ready to start with monetization.
Let’s go back to affiliate marketing that I talked about. It is probably the simplest business model to get into at the start as you can apply. There are literally thousands of affiliate programs out there on the market.
Here’s the thing, you can pick just about any product that you can buy online, and there will be an affiliate program that will pay you a finders fee for referring a sale.
However, just because you can promote anything, doesn’t mean you should. The most important thing to consider when selecting a product to market is, “is it relevant to your audience?”
If you want to promote physical products, there’s probably a better place to do it than Amazon over the long term if your niche is somewhat specialized.
Amazon is tough because they have a 24-hour cookie. That means that if someone clicks your link, and then buys anything, anytime within the next 24 hours you get the commission.
Regardless of what your business is, there are tools, products, and services that you use to run your blog or business. By putting together a page of all of your tools and resources, you’re creating something that’s shareable as well as useful.
However, affiliate marketing is one of the simplest online business models but it does not mean you can make money online just by blogging and advertise products from Amazon.
There is a lot more information that is not easy to digest in one single post. but if you’ve been struggling with figuring out how to start monetizing your blog, the strategies above are a fantastic starting point.
That is how exactly I made my first dollars online, and it has the potential to create a win/win for both you and your readers!
It is not at all difficult to make money online. Rather than trying to put down all the details to you in this post, you could sign up for my FREE 7-Day Email Course (see bottom) that I will teach you everything I know.
Still want to invest your money in those best paying HYIP programs online? Forget about it, build a website that can earn you a sustainable income. That’s more realistic.
Good luck and all the best!