Saturday, July 14, 2012

Lessons and Strategies in HYIPs: The Royalty7 HYIP misadventure

Turning a HYIP from gamble to investment is the trick of the game. It's a matter of getting your HYIP tactics right. Don’t get me wrong, every HYIP no matter how long it runs, will surely turn a scam. It just a matter of time. The trick then is determining when to join, how much to part with, and when to exit.

My first HYIP was a disaster. I joined a popular HYIP - Royalty7, which had consistently paid for over 200 days. Unfortunately, Royalty7 scammed a week after I joined, I received a single payment that was just 7% of my initial investment, the rest is still trapped in the program, with mounting pending withdrawals. I have written them off and moved on. But I learned a few lessons from the experience. The lessons gained from this ‘loss’ helped shaped some of the tactics I subsequently adopted.


What did I learn from Royalty7 and what tactics have I adopted?

1. NEVER invest in HYIPs what you cannot afford to lose.
I invested what I felt I could easily write off when I joined Royalty7. Now looking back, I feel vindicated by my decision. While some made huge profit from Royalty7, I lost what I could afford to lose.
My tactics: I NEVER EVER invest what I cannot afford to lose. This remains the golden rule of HYIP


2.All HYIP will crash/scam no matter how long and reliable they pay
It took ‘investors’ of Royal7 about 15 days or thereabout to recover their initial investment, in the 7% Daily for 30% plan. Older investors made a lot of ‘profit’ from Royalty7 while it lasted.
My tactics: Join Early


3.Some HYIPs are profitable
As stated earlier, some investors made a lot of profit from Royalty7 before while it lasted (as at the time of writing this blog, some are still hoping they will be paid). For instance, an investor who invested $25 in ROYAL7 and renews it each time it expires for 150 days, would have made 10 times his initial investment, even without compounding.  Some of these investors may also lose if they stayed too long in one HYIP.
My tactics : Exit early, long term I take daily profit


4.      NEVER put all your money in one HYIP
Royalty7 was my first HYIP, even though I invested what I could afford to lose, it was all in ROYAL7. With the benefit of hindsight, I have realized the naivety of such.
My tactics:I spread the Risk and have diversify my HYIP Portfolio


5. TAKE your profit
Many people tend to focus on the ‘big payday’ check, and forget the basic – capital. When investing in HYIP, be very skeptical. Each day a HYIP lasts is a bonus! Hence, it is wise to always take your income/profit no matter how small. Compounding, as offered by most HYIP might earn you more money, but securing your initial investment (or part of it) is essential if you must succeed in HYIPs
My tactics: I take my profit daily

6. Look before you leap
There are several HYIP monitors out there which shows the status of HYIP; if the HYIP is paying, waiting, having problem, or not paying. Checking out the status monitor should be one of the first step to take when considering the decision invest in HYIP.
My tactics: Look, listen, before you invest.


Those are my current strategy for turning HYIPs from gambling to investment. Do you invest in HYIP? Do you have an experience to share? Please do drop a comment. Those who may want to invest in HYIPs but dont't know where to start may also drop a comment. I will in the next blog show you how and where to begin.

Related Topics:
InvestForia LTD Scam: A post Mortem
Why do HYIPs Scam?
HYIP Monitors Review?
Can you recover lost HYIP fund?
Can HYIP investment be insured?

4 comments:

  1. This comment has been removed by a blog administrator.

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    1. Thank you Jhon. I quite appreciate your comment.

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  2. WOW. I'm a Nigerian who invested in JBP/PC (at a loss presently). This is really been insightful! What HYIPs do you advice based on these assessments?

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    1. Hi Emeka,
      As you are aware investing in HYIP is very risky venture, and all HYIPs will eventually scam, it's only a matter of time. You need to continue reviewing your strategy and keep fine-tuning it, in line with your goal, for best result. Recently, I decided to invest in HYIPs which have stood the test of time, say over 2 years online. JBP/PC was one, the other is http://permanentfund.net/?ref=pen_down. Both fit the profile. But like I said earlier, you need perfectly understand the risk! I am still hopeful though that ProfitClicking will bounce back!

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