Legit versus Scam

raketeer_mom · 02-26-2008, 05:04 PM

In order to determine what is a legit or scam HYIP is to know their program. Longer program with lower interest of income is one of the indications. I have joined s HYIP before with a 200% rate after one day. They just get my money and ran away.

pendelton · 02-26-2008, 11:29 PM

A legit HYIP. That is an oxymoron. I have killed hundreds off and every single one of them was a scam, the law of averages had not shown me one that was legit.

racheldarcy · 02-27-2008, 08:43 AM

I can see where you are coming from in that a longer period and lower interest rate seems more realistic and less likley to be a scam. However, I do think that the very nature of HYIP means that you are unlikley to make a profit. I think it is very risky gambling.

brotherZ · 03-10-2008, 01:24 AM

Quote:

Originally Posted by pendelton

A legit HYIP. That is an oxymoron. I have killed hundreds off and every single one of them was a scam, the law of averages had not shown me one that was legit.

I wonder why they are so popular on the internet.
Did you make a lot of money with them???

pendelton · 03-10-2008, 03:06 PM

Nope, nothing ventured, nothing gained, nothing lost. I guess I broke even, lol. I have checked them out when I was new to the net, but I never believed anyone could give my 210% or some such on any amount of money in a short period of time. If that were the case these big corporations, MS, Google, AOL, MGM, would all be using their money that way and not trying to take ours all the time.

Ease of use and the possibility of making money with little or no effort, which is another big red flag.