How to Invest Online Without Being Scammed

There are way too many high yield investment programs (HYIP) out there stealing people’s hard-earned money. Want to know how to invest online without being scammed? Read this post to learn how to spot these HYIP scams.

How to Invest Online Without Being Scammed

How to Invest Online Without Being Scammed

Here’s the truth, most high yield investment programs (HYIP) on the internet are scams. They overpromise unrealistic high return (as high as 100% per day) with their exclusive investment schemes.

It is essential to learn how to spot these scam artists and keep yourself aways from them.


Spotting High Yield Investment Program Scams

We often see HYIP claims guaranteed above-market return with minimal risk. When you see this, you should be vigilant and be wise with your choice. There are a few signs that tell whether these HYIPs are actually frauds.

1. High Yields

You often see these programs provides daily rates of return and cryptic with short and long term payout options. Some of them promised more than 50 percent return daily. Some of them offer 7, 14, 50 and 60-day payout plan that the return can go up ridiculously high.

Beware of those claims. Even a large company stocks, the average return is often less than 10% per year.

An example is given below where Amazing 5 claims you could get a total return of 112% in 10 days.

How to Invest Online Without Being Scammed

https://amazing5.net/portfolios.aspx

2. Unknown Methodology

You won’t be able to find clear information on how they allocate your investment. These HYIPs often hide this information from their investors. Not only that, these companies cloak themselves in secrecy regarding the fund managers and how they manage the money.

Don’t trust the hidden secret in the HYIP program

In these HYIP programs, the fraudsters usually claim knowledge of some kind of secret formula which allows them to register very high profits on a consistent basis.

Those secret formulas are nothing but just a Ponzi scheme.

3. They use E-Currency Sites

It is common to find that most HYIPs require their investors to register and open an “e-currency” account. E-currency has been very popular and widely used by fraudsters. They demand payment in e-currency because, unlike with checks or credits cards, the charges clear instantly and cannot be canceled.

Another reason is there is currently no federal regulation of e-currency sites, many states require “money transmitters” to register with the state’s banking regulator. An unlicensed e-currency site is a red flag.

I have seen a lot of complaints about these  e-currency sites and one should question if these HYIPs are legitimate.

4. Referral Program to Recruit New “Investors”

Most of these companies offer an additional opportunity to earn extra money by recruiting new investors. This is a typical scam that runs Ponzi scheme. This scheme requires you to bring in new investors with new money injection into their system.

This fresh money is then used to pay off the earlier “investors”. The whole structure collapses when the cash outflow exceeds the cash inflow. That also means the entire system doesn’t work when there is no longer new “investors”.

Often the earliest victims of the HYIP are those who are the luckiest, but even that is unreal. Those at the top of the pyramid will usually earn the highest amounts due to their seniority in the structure. Those who are the latest usually lose every penny that they deposit, as the scheme collapses and the managers disappear among shades and winds along with client money


Some Tips to Avoid Scams

First of all, do not sign up and pay any of your hard-earned money on a product that you do not understand. Do not ever believe the promises that sound too good to be true.

We are in the era of over-development of communications, it is easy to look up for information about any products on the internet. However, you have to be wise enough to make your judgment as there are fake reviews too that try to lure for your money.

There are way too many fraudsters create hypes about their products by spreading fake testimonials and claims on the internet.

In today’s life, there are more than three billion internet users in the world. With one mouse click, anyone can be lured into these HYIP programs and lose all your money.


Conclusion

There are many scams in the world of technology today. It is essential to learn how to identify them and keep yourself away from them.

I hope this checklist helps.


It is Your Turn Now

I appreciate if you could share this post on your social media sites. It is important to spread this information to people around you to avoid them from falling into these HYIP traps.

Leave your comments too if you have something else to add on. Share your opinions and let us exchange some valuable information.

Regards,

Alex


 Want to know how to generate money online?

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Alex Y

Alex is the owner of Managing Your Finance. He helps newbies start their own online businesses. Sign up for his 7-Day Free training course and learn how to start making a sustainable income online and quit your 9-to-5 job.

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37 Responses

  1. naph says:

    Thanks alex,
    Could you please send me some reviews on daytradetheworld

    • Alex Y says:

      Dear Naph. I had a quick look at this program and it looks legitimate from the surface. I would like to do a thorough research on this company though. Stay tuned and do come back for an update.

  2. Sunny says:

    Thanks Alex, i which to really know if Coince (British Investment Company) is a scam or not.

    • Alex Y says:

      Hi Sunny.

      Coince is a High Yield Investment Program, in which according to Wikipedia, it is a fraudulent system – Ponzi.

      If you pay attention to their Terms and Conditions, the content makes zero sense. It only states a few general terms, while including zero references to any business activity. Legally this means an absence of a legal basis for doing business.

      Check their office address: 1 Lumley Street, Mayfair, London W1K 6JE, United Kingdom. It is basically an empty lot.

      With a few red flags above, it is advisable to stay away from it.

      Alex

  3. emily says:

    Hi Alex. Thanks for the review. Kindly would you check for me http://www.touchinglivesinternational.com

  4. emily says:

    thanks for the insight into this hyips

  5. Kita says:

    Thanks a lot for this value adding review

  6. basel says:

    what about Forex Paradise?

    • Alex Y says:

      Hi Basel. Forex Paradise is an HYIP that manages to survive for long. It is still running and operating. However, it is an extremely high-risk investment program. However, you could make a lucrative income from their short-term investment plan.

  7. Libby Joy Nonan says:

    Thank you for this eye opener information sir. I Just want to ask about Bytes Capital Group if it is a scam or legit site?

    • Alex Y says:

      Let me think how I should put this. Bytes Capital Group is a legitimate HYIP. That also means it still pays their investors at the time of writing. However, the investment scheme is not a sustainable model. It may go down anytime.

  8. Jeminah says:

    Hy am also confuse abt these things as well how about cash station is it real?

  9. sam says:

    hi Alex thanks for your review, what do you think about Recyclix is it a scam??

    • Alex Y says:

      Hi Sam. Recyclix works like any other HYIPs on the market. It is a high-risk “investment” scheme that is still paying its members. I would like to emphasize in this reply again that HYIP works like a Ponzi scheme. It disappears when the recruitment rate is slower than the repayment rate to the older “investors”. It is high-risk as you will not know when it is going to collapse. If you don’t have the budget to lose your money, I would recommend you to stay away from Recyclix.

  10. Norman Pineda Cunanan says:

    Hello Alex..what about Billionearn…it is safe to invest?

    • Alex Y says:

      To be honest, at the time of writing, they are still paying their “investors”. However, Billionearn belongs to HYIP and it is a high-risk “investment” scheme. I normally don’t suggest people to go for it.

  11. babbu says:

    Hi Sir. Good review. I would like to invest in a low-risk investment scheme. What do you recommend?

  12. Jude says:

    thank you sir for your beautiful review, what about this sites, genesis mining, aimbtc, macro banking, and poolhash, sorry that I am demanding much,

    • Alex Y says:

      Dear Jude, Most of this programs are high yield investment programs. That simply means high risk. Most of the HYIP survive less than two or even a few months. You have to invest with what you can afford to lose.

  13. anass says:

    hi there , whàt àbout walmartprofit.net ? plz ? whàt can you tel us about it ? scam or legit?

    • Alex Y says:

      It doesn’t look like it has been there for 9 years. I checked and the company was registered in 2014. I think it is worth avoiding this HYIP. It is a classic HYIP.

  14. Tomas says:

    Hello Alex, Can you tell me some program which isnt HYIP? I would like to invest money. Thank you

  15. jjjj says:

    hey can you check out this site earntech.cc it has solid business model that is what tell
    thoiugh i do a analysis and found it legitmate

    • Alex Y says:

      Earntech is relatively a stable HYIP. However, remember that Earntech is a classic Ponzi scheme. So, only use money that you can afford to lose. Just like Forex Paradize, it disappeared after three years. A lot of victims lost their money with it.

  16. Henoch B says:

    Hello
    Do you know which investment programs are not scams?
    I don’t know which investment program is legit.
    Thank you

  17. Noah says:

    Hello,could you mention some legit sites for investment?

  18. Roger says:

    I’ve got paid once about a year ago, then, I’ve invested 3k and then it become a scam. This company has more than 20k

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