This article can also be found on my blog, www.edwardsmoneyblog.tk. Enjoy!!
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Hey everyone! Thanks for visiting today! This post is going to be all about investing in HYIPS.
First off, you need to be committed to learning. Most investors lose their money because they lack the knowledge that successful investors have. If you don't want to lose your money, (Who would?,) then you need to read up on as much information about HYIPS as possible. (My blog is a great place to start.
...) This included learning how to choose the right program, how to diversify your investment, and what other stratieies that you should consider using. A professional HYIP investor doesn't learn from his mistakes after losing money, Instead, he learns first so he doesn't ever lose money.
Next, you need to work out a plan. After you develop a sucessful plan, you need to duplicate that plan for future investments.
Then, you need to make your goals and limits. It is best to write these down, as it sticks to you better. These goals need to be well defined. Stick to these goals, and congratulate yourself when you achieve a major goal.
Also, you need to protect your account that you keep your money in. After you work hard to generate the money, you need to make sure that the money is safe. This requires knowing how to properly deal online, which means installing proper firewalls, anti-virus software, and anti-spyware programs. HYIP pros must also set up and update their operating system and Web browser on a regular basis while developing strong passwords and using powerful authentication technology.
Another tip would be that every successful investor has to research. Before you sign up for a program, obtain all of the information you can. This includes checking the major forums for good reviews, (those are www.dreamteammoney.com, www.*****, (looks like DTM edits out the name of that one... jealous john? hehe... lol.) and www.moneymakergroup.com,) also get the WHOIS data for the website owner. Write down all of the information that you can.
Diversifying the Portfolio. There will be a whole post dedicated to this later on, but for now, it's nice to know that this is something you must do to become sucessful. Don't 'Put all of your eggs in one basket' (Especially in the online HYIP world... remember, HYIP stands for High-Yield, but it also means High-Risk. They should be called HRIP's.By distributing their investments and spreading them over a variety of programs, the investor can avoid potentially over investing in one area.
YOu must also regain your principal as soon as possible.
HYIP pros also take steps to quickly regain their principal investments. Although it is impossible to predict how long an HYIP will last, it is still essential to take steps to make the investment safe. This can be accomplished by compounding options, which should be done for certain HYIPs at different times. HYIP pros can get their original money back as quickly as possible by setting the compounding option to 0% until the initial investment amount is reached. Then, they can start compounding based upon the current status of the HYIP. Pros usually withdraw 50% of the profits after setting the compounding option to 50% and returning the initial investment. They then watch for potential problems with the HYIP and then continue to withdraw with a compounding option of 0%. Always remember, when possible, always play with THE HOUSES MONEY... just like vegas.
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Investing in HYIPS could be the best way to make money online, but it certinally doesn't mean to 'set it and forget it.' You must always be aware of the comments and reviews going on, and if the monitors still say that the program is paying. If they have a 'problem' icon, get your money the hell out of there fast. :0... ALWAYS WATCH OUT FOR ANY PROBLEMS OR TRICKS THE ADMIN MIGHT USE TO CHEAT YOU OUT OF YOUR INVESTMENT.
NEVER INVEST MORE THAN YOU CAN AFFORD TO LOSE. That's not just a sentence that you find in a disclaimer. It's 100% true. Don't treat HYIPS as investments, treat them as gambling. They are risky, and can shut down leaving no trail of their old-self... or any information about the administrator. You must always be prepared for a loss... which is why diversification is essential.
HYIP pros must work consistently in order to achieve their goals. As I said before (at least, I think I said it before,) "THIS IS NOT A SET IT AND FORGET IT BUSINESS. Sucessdul HYIP investors must be dedicated to their portfolio and keep working on it on a daily basis.
Most importantly, HYIP pros must never give up on their investment goals. Even when problems develop, they must accept these risks and continue to move forward. Patience is the key to ultimate success. Do not give up if you lose one investment. My first investment of $300 was lost, and I kept moving forward. Now I am ahead of the game by $1,000's.
Thank you for reading everyone. I hope you enjoyed this post. Contact me if you ever have any questions on HYIP investing. (I really enjoyed writing this article... it's a good one I think.
...) (PS- If you want a good HYIP to invest in, try my own one, Edward Brown Investment. hehe.)
Don't forget to RSS and Have a great day!
Sincerely,
Edward Brown
www.edwardbrowninvestment.tkwww.edwardsmoneyblog.tk------------------------------------
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Thanks for reading! Have a great day! -Edward Brown
this is a great article, after reading this, make me realize what i was thinking about how to make a good money from HYIP is wrong.. thanx for a simple guide and explanation.... keep on posting.. u do a great job.. especially for amateur in HYIP like me.