Saturday, March 8, 2008

How to invest in HYIP programs

In the internet, you can make HYIP investments using e-currency. The most popular e-currency was e-gold, but today its popularity in HYIP world has become less and less because of its policy to not supporting HYIP. Lately e-gold is known to block so many HYIP admin's accounts, for obvious reasons: scamming their investors. That's one primary factor why this e-currency become less popular from day-to-day. But the HYIP world seems to have some other choice for e-currency to replace e-gold. One of them is Liberty Reserve. Of course there are other e-currency out there such as e-Bullion, v-money, etc, but the rising star now is Liberty Reserve More and more online merchants receive Liberty Reserve as payment processor. If you'd like to join a HYIP Program, you must at least have one loaded e-currency account.

To get an e-currency account, you can just point your browser into the e-currency website, in this case is e-gold or Liberty Reserve. After that, you can fund the account using the service of some Digital Currency Exchangers (DCE) . But be careful to use one of them. Use only the trusted ones because there are also many fake DCEs that will only steal your hard-earned money and never transfer the e-currency you buy from them. One of well-known trusted DCE is AutoCambist. Its fee is rather high but safe and trustable. Usually you can also see the list of other recommended DCEs from the e-currency's website, for e-gold for example, the list is here, and for Liberty Reserve here.

Several additional advice for (new) HYIP investors:
  1. For your own security, don't use Internet Explorer when accessing your e-currency accounts, especially e-gold accounts. Some crackers out there have managed to create some scripts that designed to be automatically activated when you access your e-gold accounts using Internet Explorer. Those scripts can steal your other personal information, too, from your computer. Up to this day, Microsoft has not patched that bug yet.

    Those trojans can enter into your system from anywhere, especially from websites that are in those cracker's control. I strongly suggest you to use non-IE based browsers instead (Mozilla Firefox, Opera, etc.), and don't forget to delete all personal information and temporary internet files after browsing. For Mozilla Firefox users, install NoScript plugin for additional protection against malicious scripts.
  2. Don't ever use credit/debit cards for investing in any HYIP Programs! Too many admins of HYIP Programs are swindlers! Once they get your credit/debit card's data, they'll be very happily draw any cash left in your card in no time!
  3. Don't invest big amount into any HYIP Programs, especially if their reputation is still not known yet. In many cases, some HYIP admins pay only those who invest small amount in their programs to get good testimonies from those small investors, but never pay those who invested significant amount. There are several cases too when some swindler admins deleted the account of an investor immediately after he (the investor) spent big amount of money into the swindler's HYIP Programs.
  4. Don't use your primary email address for HYIP investments or you'll get too many spams later. If it happens that you join a swindler's HYIP Program, he would sell your email address for additional profits.


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