I have been investing in Bitcoin HYIP for the past three years and up to this day I still get scammed. 100% of the sites I have invested in are Ponzi schemes. They pretend to have legitimate business and trading portfolios to pay out their investors but in reality they just use money from their current investors to pay out their previous investors. Some may pay out in full, others will pay out only a portion of your total investment, while the rest will not pay at all.
In spite of this, there are still a lot of people willing to invest and hoping that it will pay out. Here’s a guide to help those people who refuse to accept this fact at keep their money intact. This is based on my experience and has helped me reduced the odds of losing my hard earned money.
First, listen and believe when I say that all HYIP (High Yield Investment Programs) are scams! There is no such thing as a High Yield Investment! Legitimate Cloud mining sites will only offer less than a percent per day! Where in the world would these HYIP investors get the 6% to 10% return per day that they claim to do? Where else but in your pocket! Here are the steps:
1. Search the internet for HYIP sites that promise a return on your investment forever that are in operation for less than 2 months or that have just opened recently. They often pay out since they need to build a reputation that they are a paying site. Do not invest in sites that have been in operation for more than 3 months. This is usually the time when they begin to stop paying or will never be heard from. This is the time when they will start to recycle their company into a new one. Notice that there are a lot of new sites that looks like some old ones or uses the same scheme but only looks different in appearance.
2. You must have searched at least 10 of these sites to invest in. The more sites you find, the better it is. It does not matter if it is an affiliate of an existing site, the important thing is it must have recently operated.
3. Invest only the minimum required. It’s better if the site requires only $1 to invest. So if you have 10 dollars then invest $1 on each site. Or if you can afford it, you can invest as much as $10 but nothing more!!!
4. Usually these sites will promise you 6% daily return on your investment or .25% hourly return.
5. In 2 weeks’ time your $1 will earn $1 interest.
6. Withdraw the interest which is equivalent to your investment. You cannot withdraw the $1 that you invested as this will be the basis for earning interest forever. Most of the time, a $1 to $10 first time withdrawal account is accommodated. More than that, they ignore it or give less priority. The testimony of ten persons who claim to have withdrawn their $1 will always outweigh the testimonial of one person who could not withdraw his $10.
7. By this time, you have earned back your capital.
8. As for the money that was left in your account, log in everyday and reinvest the interest you have earned to increase the base capital. Do this until your account could earn $1 daily.
9. Request for a withdrawal. If it does not push thru, cancel the withdrawal and keep on reinvesting your earnings to increase base capital.
10. At some point, one of these sites will pay you back. In my experience 1 out of 10 do pay back in a month.
11. So far, I have earned $30 for the past three months. Not bad for investing in scam sites!
I do not recommend that you do this if you do not have the patience or attitude for it. But if you don’t have a plan or strategy, this might work for you.
