Good-Guy
VIP Contributor
The term HYIP stands for High Yield Investment Program. HYIPS have been around for a long time on the Internet as of now. My investigations have shown that HYIPs have been on the Internet even during the 2005-2010 era. Most of the HYIPs are clearly ponzi schemes. They promise to pay a fixed amount every day or even every hour. However, they soon become a scam after a few weeks or even days. If HYIPs were truly paying for lifetime, then everyone would have been rich because everyone would have invested their life savings and they would have been earning money regularly. Despite the fact that most of the HYIPs become scam, there are still many people who do earn money from HYIPs BEFORE the HYIPs become a scam. Have you ever invested in any HYIP Program and earned money?