Tips & Tricks
Many beginner investors are faced with seemingly elementary things that are clearly not worth doing, but still make a number of mistakes. By the way, even experienced investors who are “in the subject” for a long time also allow them. We decided to leave a short article on the blog with brief recommendations so that beginners and not only know what cannot be done in any case before investing.
We have prepared a short list of recommendations on what you should not do before investing in HYIPs:
1. Do not invest the entire amount in one project
This, it would seem, obvious action must be avoided in any case, regardless of the coolness of the admin, the appeal of friends / top bloggers / monitoring or your own confidence.
Solution: When working with HYIPs, it is necessary to distribute the risks of cash loss using a diversification strategy.
2. Be sure to check the status of the project
Especially this item applies to beginners. And experienced investors also sin and create deposits in projects that have the status of “Problems” or even “Scam”. Do you feel sorry for your money and are you ready to invest in everything? We think that this is not so.
Solution: Before investing in an investment project, you should definitely check the status on aggregators such as Hyiplogs, ISP, MMGP, our blog or other monitoring and blogs that display the current status of the project in order to make sure that the project has no problems with Payments and you invest in a workable investment project.
3. I see a plan of 4000% after 90 days. ‘There is no time to think, it is necessary to deprive!’
This should never be done. In 99.9% of cases, such investment offers will not allow you to withdraw a penny or completely block your account. Sky-high interest is the enemy of the investor.
Solution: You probably already guessed what solution would be written here. No need to create deposits in such investment plans, otherwise you run the risk of simply losing your money. Not necessary.
4. Read the comments before investing.
Experienced hipers may skip this point, but we would recommend that you follow it. Yes, it can be attributed to the 2nd point, but decided to separate. For example, in the topic on MMGP, you can read the comments at the beginning from experienced investors where the project wallet was used, they can tell who the last admin was and how they worked and criticized the project. This is all the important information you need to know, read, and it will help you make a firm decision about your investment.
Tip: Do not rule out the possibility that experienced hypers tend to make mistakes. You have your own head on your shoulders and the decision is entirely up to you. No one should be blamed for this.
5. Be prepared to lose money
Unfortunately, the hype industry is fraught with risks and there is no way to do without losses. After the first point, you could understand this. Hyipas work on the principle of a financial pyramid and, at the end of the cash inflow, the administration decides to close the project. Unfortunately, recently scam on the human factor has become more frequent due to the greed of the administration. Therefore, always be on the alert and keep your finger on the pulse of events.
Solution: Always invest the amount that you’re not afraid to lose and which will not hit your family budget.
6. In no case do not take debt / credit for the sake of investment
This item is very important. We want our investors to understand why this is not worth it. Think for yourself. What can go wrong in HYIPs? We will wait until your answer is ripe.
Solution: Forget about this opportunity forever. You can lose borrowed money and get into an unpleasant situation. Why do you need this?
7. Take investing seriously
Track the status of the projects in which you participate, write down the data how much invested / withdrawn. Everything is up to your imagination. Take hyps seriously. You can even say how to with your work, but which you love with all your heart.
We might have missed something, but we highlighted the important points in this article. All these points will help you not to grab your head after investing in hype. Especially after his scam.
We believe that the article will be useful for all categories of investors, starting from those who have just entered the hype industry and ending with experienced hypers.