What Is InstantInvest – Another HYIP Scam You Should Avoid
What is InstantInvest? It is just another High Yield Investment Program (HYIP) that aims to scam your money. I bet you have seen a lot of reviews from those HYIP monitors on the internet. Unfortunately, most of them are fake as these platforms are simply affiliates of HYIPs. Should you really trust the monitoring sites? The answer is a big NO from me. Read my InstantInvest Review and find out why you should stay away from this investment scam.
What is the InstantInvest?
Website address: InstantInvest.biz
Price: $30 (minimum)
Referral commission: 3%
Overall Rank: 0 out of 100
InstantInvest.biz claims that they mainly involve in cryptocurrencies investment and they have been in the business since 2009.
For those who are new to the world of cryptocurrencies, it is a form of money specifically designed to take advantage of the architecture of the internet. Because cryptocurrencies are completely digital, they can be used in ways that ordinary currencies can’t.
I bet you have heard about BitCoin, it is a good example of cryptocurrencies. BitCoin is used like the digital equivalent of cash. You can use them to buy goods and services from an increasingly diverse selection of retailers and individuals.
Just like everything else, cryptocurrency has become an investment asset. Unfortunately, there are many non-legitimate companies claim that they have been actively involved in cryptocurrency investment and try to steal your money. InstantInvest.biz is one of them.
InstantInvest.biz self-claimed that they are engaged in attraction and implementation of venture capital to fund business plans and startups around the world. The company generates cash flows along with dozens of projects that allows having a steady income.
They have three different investment plans. The Standard Plan promises you a return of 400% on your investment after 1 days. The Premium Plan promises you a return of 2,000% after 2 days and the Professional Plan promises you a return of 10,000% after 3 days.
This is typically referred to as an HYIP. I categorize HYIPs as scams because they have an incredibly low rate of success and they don’t last long. Furthermore, in reality, the market is literally flooded with such scams.
This company claims that once the first deposit is made, you will be getting daily interest until the deposit term expires. That’s totally awesome! Right?
Hang on! Keep reading!
Read on to learn more about this InstantInvest scam.
Should You Trust InstantInvest?
You should not trust this investment company.
The InstantInvest is a scam. It is a fake investment company. From the official website, one can notice it is an HYIP investment scam that aims to steal your hard earned money.
#Red Flag 1 – Identical Website with InstantPayment.biz
It is a duplicated “investment” scam. InstantPayment.biz is actually InstantInvest.biz. Look at the snapshot of their FAQ page below. They basically came from the same template. That’s how these HYIP programs recycle their websites and roll them out again on the market to scam your money.
#Red Flag 2 – Grammar and Spelling Error
InstantInvest.biz is littered with grammatical and spelling errors. Look at the snapshot below. You could find their so-called scammer grammar on the website. It cracked me up when I saw they come up with their own creative spellings to increase the chances that their communications will slip through spam filters that target certain dubious phrases.
#Red Flag 3 – Ponzi Scheme
The referral program. This is a typical trick from most of the HYIP on the market. They offer to reward “referral fees” to investors for bringing in additional members.
That’s how a Ponzi scheme is operated. They recruit new members to sustain the pyramid scheme. They need “new” money to generate “returns” for the older investors by acquiring new investors.
It is a fraudulent investment scheme where they pay returns to its investors from new capital paid to the operators by new investors, rather than from profit earned through legitimate sources.
It is a pyramid scheme that typically collapses in the end because it requires exponential increases in participants to sustain the business model. That simply means the scheme cannot go on forever.
The InstantInvest probably still pays their investors for now as the program is still relatively new on the market. When there is insufficient investment fund from the new recruitment to the older investors, the entire structure will collapse.
#Red Flag 4 – Vague Investment Information
Obviously, there is a lack of details on how InstantInvest manage the money from the public. InstantInvest tends to be vague about the strategies used in their program.
I tried to look for more information “About” InstantInvest, all I got is just a vague information. Furthermore, they are not backed by a real and verified trader. There is no proof and information at all on who are running behind the scene.
This is your hard earned money, please do not be afraid to ask questions. A genuine financial professional will usually be happy to explain in detail the investment program they are marketing. Unfortunately, InstantInvest fails to do so.
#Red Flag 5 – E-Currency Account
You are required to open an e-currency account to invest. You have to know that e-currency accounts are often not licensed as a money transmitter.
It is highly risky to invest your money through these unlicensed money transmitters, especially they involve international operations, which means it may be very hard, if not impossible, to get your money back.
#Red Flag 6 – High, Unsustainable Yields
I have years of experience in investments. Historically, investments in most large corporate stocks return less than 10% per year. Usually, HYIP scams offer between 1 percent to 2 percent daily profits to its members. As for InstantInvest, they offer up to 10,000% interest after 3 days, of which it is a total nonsense.
The ROIs that they claim on the official page clearly indicate that the investment is actually a Ponzi scheme or a junk bond that may never increase in value and has a high rate of default.
I am not a fan of these HYIP programs. It is very rare that I recommend them because there are some things you need to know before you dive into this and throwing your hard earned money around.
Every investment carries some degree of risk, which is reflected in the rate of return you can expect to receive. If your money is perfectly safe, you’ll most likely get a low return. High returns entail high risks, possibly including a total loss on the investments.
Fraudsters like InstantInvest spends a lot of time trying to convince people that extremely high returns are “guaranteed” or “can’t miss.” They try to plant an image in your head of what your life will be like when you are rich.
Don’t ever believe it.
Based on my observation, it is very clear that InstantInvest is an investment scam.
By the way, Amazing 5 started 6 months ago and now it is official shut down. It is now gone with a lot of money from many victims. This is a prime example of how these HYIPs scam your money.
Why do people keep joining HYIPs knowing that they are Ponzi schemes?
All these Ponzi Schemes are aimed at people who want to get rich quick and do not want to take the tried & tested route of – hard work = success.
Most people want to make lots of money quickly and the legal options are often very limited (e.g. Lottery). When a product promises to give you exorbitant returns, people tend to believe it due to our greed.
However, most of the people end up losing their savings and hard-earned money.
I wrote an article on How to Invest Online Without Being Scammed. This should serve as a reference when you look for a legitimate investment company on the internet.
I don’t like the reliance on a Ponzi scheme in order to make bad 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.
One powerful way to do this is through an approach called affiliate marketing. Affiliate marketing lets you 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.
If this is an area you’re interested in, you could learn more about this through my 7-day free email course. The guide is an excellent way to learn all the ins and outs of affiliate marketing and to get started in the field yourself.
If you are interested to know more how I make money through affiliate marketing, go here.