HYIPs and Greed

Greed and unrealistic expectations are the main factors responsible for most HYIP (High Yield Investment Programs) losses especially among newbie. It is a known fact that most HYIPs are fronts for ponzi schemes and scams, set up by fraudulent administrators for their own gains. However, most newbies, reveling in their initial instant success in HYIP, often make the mistake of trusting the promises of HYIPs and their administrators. By allowing sentiments and greed to overcome better judgment, newbies (and in some instances HYIPS veterans) are prone to throwing caution into the winds, with their minds set on the big payday. The world of HYIP is replete with many lost funds, especially between newbies, and some experience HYIP investors, who have grown overconfident or greedy in their expectations. HYIPs investment is huge enough a risk, try not to make it worse.

Recognizing the danger of easy success,  Robert Greene, in his book - 48 Law of Power, stated       

The moment of victory is often the moment of greatest peril.  In the heat of victory, arrogance and overconfidence can push you past the goal you had aimed for, and by going too far, you make more enemies than you defeat.  Do not allow success to go to your head.  There is no substitute for strategy and careful planning.  Set a goal, and when you reach it, stop.

The solution then is to carefully plan your HYIP investment is such a way that balances your returns with the risk, and stick to the plan; taking your profit as it comes, in small chunks. Also avoid adding funds to a HYIP because it paying promptly. Stick to your budgets, entry, and exit plans. Each day a HYIP lasts is usually a bonus, hence inconsistency in analysis, shifting the goal post, and increasingly targeting huge payoff, only guarantee losses in HYIPs. To be successful in HYIP, checking greed, and over-confidence is a necessity. All HYIPs will fail, it's only a matter of when. Accepting this, implies that you should not invest in HYIPs,  let alone investing what you cannot afford to lose. While the potential to make good money from HYIP investments exist, greed, overconfidence, and inconsistency in expectation, and investment strategy, are usually the major pitfall in HYIPs, and indeed, other endeavors.


Never trust any single HYIP - spread your risk!



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