There are numerous HYIPs out there, and a majority of them are scams, so how do you find which one are scams and which ones are legitimate. Below is a list of things to do that will eliminate a majority of scams.
Go to HYIP Forums
Do a 'whois' search
Check if the HYIP is hosted by a free web hosting site
When was it registered
See what the HYIPs contact details are like
Test the contact details
Read over the website and see if it has any thing that looks suspicious or bad engrish
Know what the HYIP does to make its money
Returns that are too good to be true usually are
Watch out for HYIPs with very high referral commission
How long does the HYIP hold your principal for?
Always do a test spend and withdrawal
1. Go to HYIP forums
The first thing to do is go to a HYIP forum and look up the HYIP that you are interested in. Read everything that the users have to say, but usually take what the veterans (500+ posts) have to say over someone who has very few posts.
2. Do a ‘whois’ search
To do a whois search go to somewhere like www.whois.net or whois.webhosting.info and type in the URL of the HYIP. These services display a lot of information such as who registered the domain their contact details, when it was registered and even where they are hosting the site.
a. Check if the HYIP is hosted by a free web hosting site
Using the hosting information from the ‘whois’ search you can determine if the HYIP is on a free web hosting service. If the HYIP is hosted by a free service you can be pretty sure that it is a scam.
b. When it was registered
If a HYIP claims to be 5 years old but the ‘whois’ search says that the domain is only a couple of months old, you can be pretty sure that it is a scam.
3. See what the HYIPs contact details are like
Go to the HYIP site and check out their contact details, the more ways to contact them the better, eg Email, Phone, Forum, Address, etc
4. Test the contact details
Send an email to the HYIP admin asking a legitimate question. If they do not respond then it may not be worth investing with them. If they do reply but it takes them many days/week to do so, again it may not be worth investing with them.
5. Read over the website and see if it has any thing that looks suspicious
Go to the HYIP web site, click on all the links and see if that actually take you to where they are supposed to. If the designer has done a poor effort in designing the website then they will probably do a poor job with your money too. Also keep an eye out on what they are writing too; after a while your may notice that some HYIPs have exactly the same words (word for word) on them (in the FAQ, news, etc). It is clear that they have copied it from another HYIP site and that they are probably scammers.
6. Know what the HYIP does to make its money
Find out how the HYIP makes its money. If the HYIP claims to make its money through “a secret banking loan” or something similar they are a scam. If the way they invest money also sounds too risky/dodgy then don’t invest in them.
7. Returns that are too good to be true usually are
The old saying ‘if it is too good to be true’, you will find that it probably is. If a HYIP promises hourly payouts it will most likely be gone long before you can get any Return On Investment (ROI). Further more if a HYIP promises ROI of you initial capital in less than a week it is also likely to disappear soon and become a scam.
8. Watch out for HYIPs with high referral commission
If a HYIP offers a referral commission above 15% it implies that it needs more members to survive. This indicates that the HYIP is most likely a Ponzi scam and should be avoided.
9. How long does the HYIP hold your principal for?
Check out how long a HYIP holds your principal for. A majority of HYIPs go under well within a year and it also ties your money up in a single program.
10. Always do a test spend and withdrawal
Always do a test spend to see how the HYIP performs. If a HYIP does not pay you when you make a test withdrawal then feel lucky that you have only lost a small amount of money. Payouts should not take more than 48 hours after a request, if it does this is a sign of concern if they do not have a good reason.
Article from www.hyipcastle.com
Go to HYIP Forums
Do a 'whois' search
Check if the HYIP is hosted by a free web hosting site
When was it registered
See what the HYIPs contact details are like
Test the contact details
Read over the website and see if it has any thing that looks suspicious or bad engrish
Know what the HYIP does to make its money
Returns that are too good to be true usually are
Watch out for HYIPs with very high referral commission
How long does the HYIP hold your principal for?
Always do a test spend and withdrawal
1. Go to HYIP forums
The first thing to do is go to a HYIP forum and look up the HYIP that you are interested in. Read everything that the users have to say, but usually take what the veterans (500+ posts) have to say over someone who has very few posts.
2. Do a ‘whois’ search
To do a whois search go to somewhere like www.whois.net or whois.webhosting.info and type in the URL of the HYIP. These services display a lot of information such as who registered the domain their contact details, when it was registered and even where they are hosting the site.
a. Check if the HYIP is hosted by a free web hosting site
Using the hosting information from the ‘whois’ search you can determine if the HYIP is on a free web hosting service. If the HYIP is hosted by a free service you can be pretty sure that it is a scam.
b. When it was registered
If a HYIP claims to be 5 years old but the ‘whois’ search says that the domain is only a couple of months old, you can be pretty sure that it is a scam.
3. See what the HYIPs contact details are like
Go to the HYIP site and check out their contact details, the more ways to contact them the better, eg Email, Phone, Forum, Address, etc
4. Test the contact details
Send an email to the HYIP admin asking a legitimate question. If they do not respond then it may not be worth investing with them. If they do reply but it takes them many days/week to do so, again it may not be worth investing with them.
5. Read over the website and see if it has any thing that looks suspicious
Go to the HYIP web site, click on all the links and see if that actually take you to where they are supposed to. If the designer has done a poor effort in designing the website then they will probably do a poor job with your money too. Also keep an eye out on what they are writing too; after a while your may notice that some HYIPs have exactly the same words (word for word) on them (in the FAQ, news, etc). It is clear that they have copied it from another HYIP site and that they are probably scammers.
6. Know what the HYIP does to make its money
Find out how the HYIP makes its money. If the HYIP claims to make its money through “a secret banking loan” or something similar they are a scam. If the way they invest money also sounds too risky/dodgy then don’t invest in them.
7. Returns that are too good to be true usually are
The old saying ‘if it is too good to be true’, you will find that it probably is. If a HYIP promises hourly payouts it will most likely be gone long before you can get any Return On Investment (ROI). Further more if a HYIP promises ROI of you initial capital in less than a week it is also likely to disappear soon and become a scam.
8. Watch out for HYIPs with high referral commission
If a HYIP offers a referral commission above 15% it implies that it needs more members to survive. This indicates that the HYIP is most likely a Ponzi scam and should be avoided.
9. How long does the HYIP hold your principal for?
Check out how long a HYIP holds your principal for. A majority of HYIPs go under well within a year and it also ties your money up in a single program.
10. Always do a test spend and withdrawal
Always do a test spend to see how the HYIP performs. If a HYIP does not pay you when you make a test withdrawal then feel lucky that you have only lost a small amount of money. Payouts should not take more than 48 hours after a request, if it does this is a sign of concern if they do not have a good reason.
Article from www.hyipcastle.com
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