Every prospective HYIP investor and veteran HYIP players know very well the important of the HYIPs Monitors. HYIP Monitors are sites which offer to monitor the HYIP sites, and afford visitors and members the opportunity to report on the health status of the HYIPs they monitor.
HYIP monitors help investors, and would-be-HYIP investors to determine the status of a HYIP. It is usually, one of the first place a HYIP investor will visit before committing funds to a HYIP.To give an opinion on the status of a HYIP, most monitors use the following indicators:
1. PAYING
This is the status everyone HYIP investor loves to see. It means that the HYIP in question has recently paid investors. PAYING status also means that earnings from such HYIPs have been successfully withdrawn to the payment processors. Prospective investors (especially newbies) are well advised to stay away from HYIPs whose status is anything but PAYING. However, a strange and sad development in the HYIP industry is the speculation that some HYIPs manage to pay the monitors to indicate a PAYING status, while normal investors are not paid.
2. WAITING
A waiting status is often common with very new HYIPS. It shows that the monitors are waiting for confirmation of payment. The WAITING status is often upgraded to PAYING if payment is confirmed, or problem if the WAITING persists beyond a certain threshold.
3. PROBLEM
A HYIP Monitor use PROBLEM status to denote HYIP programs whose WAITING status has surpassed a certain threshold. Numerous complain of non receipt of payment can also lead to the downgrading of PAYING status to PROBLEM. PROBLEM status in most HYIP monitor is a harbinger of scam. A PROBLEM status should worry current investors, and warn off prospective ones. PROBLEM could also mean that a HYIP is having technical challenges with payment processors, it servers, or other challenges that affects prompt payment.
4. NOT PAYING
The dreaded NOT PAYING status is used to show that a HYIP has scammed it investors, and its administrators are probably somewhere in the Caribbean, popping champagne or sipping soda, with investors fund, and possibly plotting another HYIP scam. Such is the unfortunate world of HYIP, where you could be scammed despite all effort to make the right choice. And in over 90% of the case, investors do lose money in HYIP.
5. SCAM
The NOT PAYING status and SCAM status are one and the same. It means the HYIP is gone, with investors funds!
Some of the HYIP monitors also indicate how long they have been monitoring a HYIP program. However, investors should know that "previous performance is not an assurance or future success." A malicious tendency among some HYIP is that even after scamming, some will still be running and taking deposit from unsuspecting investors. This is very true in the HYIP world.
Hence a smart HYIP investor should always check the status of any HYIP before putting his hard earned money in any HYIP. Above all, NEVER invest in any HYIP what you cannot afford to lose. Some of the HYIP monitors and their status for various HYIPS can be found here. NEVER invest in a HYIP without checking it's status on several monitors!
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How can you make money online? How can you make money work for you? How can you retire early, and retire rich? This blog will try to answer these million dollar questions. I describe my efforts at online making money (legally) and how to avoid pitfalls in High Yield Investment Programs (HYIPs) investment in this real life blog. Let's roll. . .
Friday, July 27, 2012
HYIP Monitors Review
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