Investors’ Questions and Issues
09.07.2010
English version of site is under reconstruction.
I do not post authors’ email addresses. Firstly, these are only opinions, that don’t need answers or discussions, and secondly, not everybody wants his address to be publicly open.
12.05.2010.
Question
The Moneplus project sent me a strange letter, where it asks me to send them a scan of my credit card “for verification”, and from both sides yet. What is your opinion?
Answer
I think the project turned scam, and with a fraudulent trend at that. In no case should you send them your banking cards data, especially their images.
Right after Moneyplus, there was a message from the defunct Extra Return, which is not paying anyone for a long time, but is faking a true working HYIP. This one even asked for notarized papers. In no case should you send them anything.
27.04.2010.
Question
The Afon project offered a new plan with the 5% daily interest. Don’t you think it’s already unserious?
Answer
Yes, I do. That means that the project has not enough investors and it’s trying to attract them by any means possible. Maybe, there will be enough “optimists” who will make deposits in the hope that the project will live at least one month, and they’ll be able to compensate their deposits and even make profit (110% in 22 business days). But maybe, this new plan will just scare them away.
22.04.2010
Question
Why do you exclude some projects from your list, even when the keep adding profit?
Answer
The main thing is not adding profit, but transferring it to the EPS account. If there’s no money transfers, then the project may be considered as Scam. Moreover, the profit is added by automatic software, not by people, therefore such fake interest accrual may last for months.
16.04.2010
Question
I currently have $200. My objective is to make 100K out of them. Can you tell me when I can achieve that?
Answer
Very popular question. The point is that many first-time investors look at the work with HYIPs just like at a money plant cultivation: once invested 1 hundred, and after 6 months they will surely turn into thousands. Or, in other words: “we sit, money grows”.
In fact, it is a real work, also linked to inevitable losses. And those losses are not a catastrophe, but necessary costs of this business.
For example, a shop owner put in his business $50 000. After a while he attained a profit, say of 10K. Can we assume that he will return his money after 5 months? – No, because he has to pay taxes, wages, lease, public service, to buy new goods (likewise to invest in new HYIPs) etc. I.e. there are expenses along with the profit, hence, to reach the “final profit” would last longer than it appears at first sight.
Hence, one shouldn’t expect to get the first million after several months. And because of the same reason one shouldn’t hurry and risk. However, regardless of all my warnings (do agree, there are lots of them on the site), people invest mostly in the more lucrative, i.e. more risky HYIPs. For example, yesterday one investor wrote me that he put ALL his money - $6000 - in three such projects, just because he wants to turn them into $12000 in 2 months. But in my opinion, you all have had enough of me, hearing that you should split the money up among 20 baskets, and it’s not obvious you must limit yourself to the list on my site.
By the way, if you look at my list, you’d see in what projects I invest the most (and where I earned the most). But those projects are just lest popular among my addressees. Why? Because they don’t offer 2 or 3% daily. In return, those who began offering such interest rates, passed into the popular category, despite of fast risk increase.
11.04.2010
Question
I cannot enter the site. Is it the end? I’ve been done out of my money…
Answer
In this chapter I’ve already answered this question many times, but unfortunately, I also have to answer emails twenty times per day.
Hence I repeat once more: if you cannot enter a site, that doesn’t mean the others cannot either. Perhaps, it’s just your PC or Internet access settings.
Before burying the project and crying over your money, try first to enter using an other computer or an other browser (Mozilla, Opera, Google Chrome, Internet Explorer etc.).
Or just wait: in practice, ALL THE SITES ON EARTH are at times inaccessible.
Find a more detailed answer in other texts of this chapter.
04.04.2010
Question
I know you don’t answer the really improper questions to suggest in what projects it’s better to invest. But why don’t you, Alex, invest in some top (hot) projects or at least “first row” ones, existing already 1-1,5 or even 2 years?
Answer
I can’t invest in all the HYIPs, they’re thousands and thousands. There’s simply no such money for all of them, besides the huge time consumption, as the HYIPs are to be looked after, profits – to be regularly withdrawn, maintaining occasional correspondence with admins etc.
Top projects are also different depending on the monitors. There are top projects that look so ugly, that I’d probably be shuddering all the time after investing in them . I already have HYIPs on top of that, that I invested in long ago, but don’t like them at all regardless of the profit being paid. And that’s the reason they’re not present on my site. I’m either not sure of them, or they’re unstable because of frequent technical failures, for example, when you always have the feeling that they will go down in a moment. Indeed, one thing is to risk your own money, the other – to understand that other people will start investing in a project placed on the site.
29.03.2010
Question
Why are many projects starting lately changing their investment plans?
Answer
The main reason for that is the attempt to invite new investments. For example, a project finds out that long terms plans aren’t popular enough, hence it has to offer new plans with shorter terms. The same for higher interest rates.
In fact, it’s happening more often lately. The point is that “anyone who feels like that” is sweeping down to the HYIP business. Every day dozens and hundreds projects appear online. That is leading to that there’s going to be more projects than investors. And there’s literally not enough money for all of them. Therefore even serious long-lived projects are forced to raise their interest rates, not to mention the short-lived ones who promise as much as 10% or 50% daily.
25.03.2010
Question
As per your list, Alex, you are investing in long-lived projects offering 230, 250 or even one year deposit terms? Isn’t it to risky? Because most HYIPs exist no more than half a year.
Answer
The minimum goal for an investor is to withdraw as much money as needed to compensate the initial deposit. The maximum is to make profit over that deposit.
From that point of view it’s not so important how long the project will live, the main thing is that it could live long enough to let the investor return his/her money and make some profit.
Let’s say, you invest $500 for 12 months at a 30% rate per calendar month. That means that after about 3 months and 10 days you will withdraw an amount equal to your principal. That’s it, you minimum goal is complete, you can take comfort.
Then, every new day means a new profit withdrawn. If the project will work 3 more months, you will receive $450 of pure profit. If it’ll work one year, you will get both your principal back and a VERY high profit, but even half a year is enough to make jack.
Therefore, I don’t personally look at the deposit terms, but the number of days needed to compensate my principal (besides other criteria, of course). It’s also the reason why I rarely withdraw the principal after the term expires. Instead of flying around from hyip to hyip, it’s better to keep the money where you’re paid so far. If the project stops paying, nothing terrible, I’m already in profit and the loss of my deposit is not a loss anymore.
23.03.2010
Question
How do you test the projects, by what means?
Answer
First, I look at the chosen project’s website, whether or not I like its design, how original it is, are the texts made carefully or carelessly. If I see a template instead of a due design, grammatical errors, excessive intervals and spaces etc., then it’s clear that the site has been made on the knee only to launch it quicker and take the house.
Then I visit the forums, mostly English-speaking, and read the first and last posts. The first ones - to see the detailed project’s description. The last ones – to realize whether or not the project has any problems. The monitors aren’t reliable in this case as they place information with a 2-5 days delay.
The forums also place the projects’ advertisement. I already said that it’s very important, how much and how long a HYIP places its advertising, whether or not, for example, it can afford expensive banners on big English forums and monitors. The higher are the advertising investments, the more ambitious is the projects, and the more time it needs to cover advertising expenses.
Sometimes several days are needed to understand how long the project processes withdrawals, does it pay only on business or also on calendar days – some projects are trying to hide this important information -, whether or not the HYIP withholds an additional commission for withdrawals. And of course – the relevant thing is the communication with the admin – how fast and how he replies. I don’t send messages intentionally, only if needed.
My deposits’ amounts even in the testable projects are not less than $300. The point is that my objective is to earn money, not to waste my time in experimenting with 20 dollars. Anyway, most of HYIPs are short-life, hence it’s silly to spend two months testing a small deposit, then to invest considerably and after 2 weeks to find out that the project has lived exactly 2.5 moths. I would have at least taken back my initial serious deposit if I had invested it right away.
That’s why I’m testing not only for me personally, but to place the project on the site for public view. That can take a week or maybe a month.
I rarely invest in projects existing less than 1 month – the project must show it can survive. I prefer projects living for more than 5 months, I doubt they’re less reliable than those who started a week ago.
Sometimes some projects I work with for several moths appear in my list. Why don’t I place them on the site right off? The reasons are various. For example, the project was feverish several times, there were problems with payment, then everything got back on track. Or the communication with the HYIP’s admin is strongly unpleasant. Or the project’s site is regularly inaccessible, etc.
17.03.2010
Question
What do you think about compounding, Alex? When should it be preferably set?
Answer
It’s obvious that compounding allows to significantly increase the profit. But on the other hand, the investor can withdraw the accumulated profit only at the end of the term along with the principal (or withdraw it partially, if the compound rate is set to 20% or 50%).
If the term is long enough, it increases the risks. I personally set to compound interest (even if I do so) only after having withdrawn the profit in the amount of my initial principal. The reason is simple: it’s better to have a lower profit but in hand, than a higher one in theory, with a risk to lose it if the project goes down before the end of the term.
That means that the approach should be the same as for the daily withdrawals I already spoke about.
15.03.2010
Question
Do the projects presented on your site pay you to be listed?
Answer
The only condition for a project to appear in my list is my personal deposit in that project. None of the HYIPs won’t pay me for that, the more so as my site is not a monitor nor a forum. The banners in the projects’ description are given only as a decoration, a “prettyism”, if you wish.
I’ve already told that a living advertising campaign - it’s the factor of a HYIP’s serious intentions. For example, if a project puts its advertisement on my site and pays it for 3 months in advance, for me it’s a sign that the project is not going to shut down in the near future, at least intentionally, as it must return its advertising expenses first. Hence I understand that I can place more money in such project.
Paid advertising banners can be found on the homepage. I don’t place ads of the HYIPs promising 20 or 30% profit per day.
11.03.2010
Question
How often do you withdraw profit from the projects?
Answer
I’ve already answered on the site and via email, but it’s an important question, hence I repeat: at the first investment stage or with large investments it’s preferable to withdraw the profit daily (of course, if the chosen investment plan provides such an option). The more money you withdraw, the better. Moreover, the withdrawn money can be invested in new projects right away, i.e. bring you new money.
09.03.2010
Question
You said that you invest in more than 20 projects. Why does your list on the site usually includes no more than 15-17 projects?
Answer
I receive lots of requests asking to place on the site all the projects I invest in, and also right after I make my own deposit. I’ve already given the reasons of such delay.
Firstly, the project must be checked – if there are no failures in payments, hidden catches, understated interests, if the admin duly communicates etc. As I daily receive a lot of mails with questions regarding one or another project, I need to know what to answer.
Secondly, often there’s simply not enough time to place a detailed information on a project. Thirdly, a preliminary checking reduces the risks for other investors - at the first stage I risk only my own money:).
Fourthly, some projects never leave the “testee” category: they may pay regularly but still look very ugly and insecure.
But I decided to meet the “needs of investors” and from now on I will be placing information about the projects I started working with – with a short description or just a link. Take into consideration, that if I made a deposit only 7-10 ago, I cannot be aware of all the pitfalls and have the answers on eventual questions.
04.03.2010
Question
I’ve just invested money in a project, but it doesn’t pay. Why so?
Answer
Almost every day I receive letters form people who invested money in projects which had stopped paying long ago – often for several months. Those projects imitate real activity, but indeed already turned scam: they accept money but the new investors won’t get anything back.
The reason of investing in such dummies is simple: someone took interest in a project, let’s say in October or December, but makes a deposit much later. Nevertheless he/she doesn’t even take pains to check if that project is still present in my list and didn’t turned scam. That’s why I put a notice in the right column of the homepage : before investing your money, check the project’s actual state to date.
02.03.2010
Question
When I want to enter some projects’ sites I see a window with figures and a plus. What should I do?
Answer
You must put the figures together and enter the sum in the field. By such means the sites protect themselves from eventual hacking attacks. But many things depend on the country, access features or IP-address - for example, when I enter such projects from my site, I get directly to their homepages without any additional figures or codes.
24.02.2010
Question
Please advise, Alex, how to keep safe the emails with sign-up data in the investment projects?
Answer
The simplest is to put such emails together in one folder of your mailbox (you can create a special folder for that) and protect them with a password.
Another way is to copy all the data in one password protected file. I usually duplicate such files on the hard drive and a flash card.
19.02.2010
Question
In the projects’ descriptions you often mention that such-and-such project has much advertisement. But how is it linked to reliability, Alex? Cheaters also can advertise.
Answer
Quite possible. But the business linked to HYIPs is so structured that it’s possible to make money out of cheaters as well :). When a project puts a lot of advertising banners, signs up at many HYIP-monitors, it means that firstly, it’s planning to promote itself to the maximum, i.e. to attract as many investors as possible (so it will have the money to pay the dividends), and secondly, as it puts serious money in advertisement, it must return that money, but it’s possible not earlier than after several months.
In brief, the more advertisement there is, the longer (theoretically) the project will live, even initially created as a pure Ponzi. During those several months an investor not only gets the principal back, but as a rule, has the time to make some tidy profit.
15.02.2010
Question
Are there such projects that withdraw profit themselves to my PM or LR account without my participation? At present I have to enter my account and request withdrawals myself. So why shouldn’t they withdraw the interest directly to my EPC wallet, as they already know it.
Answer
Such projects exist, but they’re few, and so they indicate this feature: automatic withdrawal. The common reason by what the projects explain the necessity of manual withdrawals is the high probability of mistakes with automatic transfers, i.e. transactions processed by a special program. Maybe it’s true, as there are no ideal programs, they all have bugs from time to time. But another reason, in my opinion, is that all financial projects – from banks to hyips - are interested in keeping investors’ money as long as possible on their accounts. With manual withdrawals a lot of people are just too lazy to enter account daily with a login and password, request withdrawal etc. Therefore the profit is withdrawn more rarely, and the financial projects keep bigger amounts in their cash cycle.
10.02.2010
Question
I made a transfer but the money didn’t appear on my account. Should I give it up as lost?
Answer
I already answered such a question in this chapter and, besides that, am answering it 5-6 times per day to my addressees :). So, I repeat: many projects take several hours, sometimes 1 day to activate the deposit. Hence, before you bury your money, I suggest you to WAIT AT LEAST ONE DAY. And only then – to raise the alarm and contact the project’s admin.
If you deposited on the weekend, it will be activated on Monday.
The same about the first interest: it won’t appear one minute after the deposit is open, but the next day.
7.02.2010
Question
From time to time, the projects don’t add the interest, you’re getting worried, and then it turns out that it was some holiday. Alex, you are in this business for a long time, please advise what days the projects usually don’t work?
Answer
As a rule, the HYIPs announce their days off on the USA official holidays, even if the HYIP is located in Panama or Japan. The reason is that there’s no trading at Forex those days, and most of the projects point out they make profit on exchange markets.
Here is the list of American holidays:
• New Year’s Day – the 1st of January
• Martin Luther King Day – the 3rd Monday of January
• Presidents Day (George Washington Birthday) - the 3rd Monday of Fabruary
• Memorial Day – the last Monday of May
• Independence Day – the 4th of July
• Labor Day – the 1st Monday of September
• Columbus Day – the 2nd Monday of October
• Veterans Day – the 2nd Monday of November
• Thanksgiving – the 4th Thursday of November
• Christmas – the 25th of December
4.02.2010
Question
it is possible to add money to the already invested before the deposit’s expiry?
Answer
If an investor wants to increase his investments’ amount, he must open one more deposit. The quantity of such deposits in one project may be unlimited.
2.02.2010
Question
Hello, Alex. From the 1st of February the project NanoMoney Corporation has raised the minimum deposit amount up to $100. What this may be related to?
Answer
As I’m not employed in this project, I’d hardly answer this question. You’d better ask it to the admin, the more so as it’s offered in their announcement.
I can only tell my supposal. When a project makes withdrawals manually, then the more work, the more man-hour when processing withdrawals. For example, the long ago promoted Nano Money has thousands of investors, and it’s easy to imagine how much time they spend to process thousands requests, most of which are around 1-2 dollars. Hence, I presume that they just decided to make it easier for themselves and to cut small investors off.
Besides that, this step might signify that they have a sufficient influx of investments, and they’re not afraid of losing some part of potential investors. And that’s a good sign.
31.01.2010
Question
How can I visit HYIP-monitors to see by myself in what condition is one or another project?
Answer
Here is the address of one of the popular monitors - http://www.goldpoll.org. I’d like to remind you though, that because of various reasons HYIP-monitors often give outdated information on the projects. Hence, I suggest you to read the investors’ comments first: click on program details or program forum.
28.01.2010
Question
Based on your experience, pleased advise how long the projects with a monthly 20-30% interest rate live on the average? And how often do the HYIPs, where you have your money invested, shut down? How many of them die per month (per 2 months, per 3 months)? Please advise at least approximately. To let me evaluate the risks.
Answer
It depends on the projects. If a big money is involved in a project, then it may live a year, even two. 90% of HYIPs exist no more than 6 months, and their future can be easily foreseen: the site is made on the knee, no advertising or just a little, then no investors will be involved.
If we consider the projects I personally work with, on the average 1 project goes down every 1-2 months. On the average – because it happens that two of them may close within one month, or none within 4-5 months.
To evaluate your risks more precisely, take into account that as a rule, part of money can be withdrawn before the project shuts down. Hence, I recommend you at first to withdraw your profit as often as possible, the best is daily, and reinvest it in other projects right away.
26.01.2010
Question
By what signs one can determine that a HYIP is going to turn scam soon?
Answer
Sometimes it happens just suddenly. Simply the HYIP owners decide that they’ve collected enough money, time put up the shutters.
The signs of an oncoming end are the following:
- low advertising on forums and monitors or its total absence (it means there are no more new deposits – nothing to pay the dividends with), changes of the interest rates or terms of payment, frequent messages to investors with various initiatives and offers (I call it to myself: “the hyip began to fuss”), rise of referral bonuses (to increase new deposits income at any cost), periodic delays in withdrawals, long absence of updates and news on the site etc.
25.01.2010
Question
Hi, Alex! I started receiving emails form various funds which offer to invest in them. How could they learn my address and that I’m dealing with investments?
Answer
We should thank modern technologies. Nothing’s secret anymore. It’s just enough to make a single Google search for a washing machine, for example, and at least two months you’ll be seeing text ads from sellers of washing machines. Spiders and bots trace our interests, log our IP and email addresses, that are sold to spammers later.
I personally receive 6-8 such letters daily. And that’s despite of anti spam and anti spyware installed on my computer. That spammy pest is practically ineradicable. That’s why the main thing is to observe security measures when storing and entering passwords (I described them in detail on the site) and to change them regularly.
23.01.2010
Question
Do you work with “quick” HYIPs? With the principal withdrawals after one or several days?
Answer
I already said that I don’t deal with projects offering more than 3% per day, and the “quick HYIPs” promise also 30%, and even 300% per day. They open quickly and close that quickly. To be able to earn some, one must first be very lucky, and second, every 1-2 days put and withdraw, put and withdraw, go from project to project. It’s too nervous and bothersome, and therefore is not suitable for normal business.
21.01.20010
Question
I can’t open the project’s site. What happened to it?
Answer
1. I don’t know what happened to it, because I don’t work with it.
2. Before you cry: “My money’s gone! We all gonna die!”, you’d better wait at least a couple of hours or days. But I know from my experience and already told that: scams don’t’ disappear, their sites keep working, but only in one way: to take money and not to give it back.
3. The reasons may be different, including technical bugs with the site itself and hacker attacks. But very often this problem arises because of your browser settings. For example, if you have a too high security level, cookies disabled etc. Sometimes you cannot open the site from one IP address but you can from another.
I’m not a specialist in programming, but as I can’t sometimes open one or another site myself, I worked out some recipes.
I suggest you to open the site from another computer or to change the browser, for example, to Opera or Mozilla. Also, if in the address bar in the https you take away the letter “s” and leave only http, it could help also. It will change the security mode in your browser, but you’ll be able to open the site.
20.01.2010
Question
In what program do you keep the books for your deposits?
Answer
I have no special program for that. An ordinary Word file with a list of projects (almost like on the homepage) and a short information that I change every 1-3 days: password, login (secret question-answer, if needed), date of opening or reinvestment, terms of investment, real interest rate and real income per day, total withdrawn amount, mark about deposit compensation (if I already retrieved what I invested before), total income per month deducting losses, including those at money placement-withdrawal.
18.01.2010
Question
Hi, Alex! Many projects process pay interest only on working days. How much is the profit per month in this case?
Answer
Usually there 22-23 working or business days per month. On this basis you should make the real income calculation.
16.01.2010
Question
I have received a strange message from Xaga. How should I respond to it?
Answer
There’s no need to respond. In this message the Xaga admin is complaining of that a HYIP monitor has lowered his project’s rating for some unknown reason. And he writes that in revenge he’s terminating the monitor’s admin’s account and shaming him for “improper behavior”. That’s it.
If someone is still not in the know: in order to get in the list of a well-known monitor or to increase the so called “rating”, lots of projects pay monitors, open deposits for them with incoming interests, as befits. The more the rating, the more the bonus deposit.
I understand that someone may have a respective question, hence I’m telling that: first, this site is not a monitor, second, there are no ratings here nor are they expected. The reason is simple: there’s no guaranty that a super popular project won’t shut down tomorrow. The last example: the recently scammed Stable Interest, which had the highest rating at almost every monitor – “gold”, “diamond” etc.
14.01.2010
Question
The Verifield project is asking for my Perfect Money ID at registration. Isn’t it dangerous?
Answer
It’s all right, its not a secret information. A different matter – your password to enter your account. You mustn’t give it to anyone whatsoever, especially to those who send you messages on behalf of Liberty Reserve or Perfect Money and tells that you won a $500 prize (or there was a system failure), and to get it, you must give them your password.
12.01.2010
Question
I noticed that sometimes the interest rates posted on your site are different from those that the projects give themselves. Why so?
Answer
I give you real, “cleared rates”. The projects often indicate overstated rates to attract people, for example – “daily payouts up to 5%!” At a more thorough study it turns out that the principal is not returned, hence the profit de facto is much lower. It’s not definitely a fraud, it’s an advertisement. But sometimes it’s the same thing :).
11.10.2010
Question
Hello, Alex! Is it possible to trace, monitor the work of a project to forecast in some manner his future life?Answer
Unfortunately, it’s not possible. All the communication is conducted only on the Internet, and even a student can make a reputable site and to act on behalf of a major company. A phone number posted on the site doesn’t principally change anything either. Therefore one can estimate the project’s perspectives only by indirect features.
8.01.2010
Question
How often your site is updated? How fresh is the information?
Answer
Every 1-2 days, except the periods when I’m away, on vacation or engaged in other affairs or problems (as my life’s not come down only to HYIPs).
Besides news and answers for questions, almost all the information in all the site’s chapters is being changed and updated regularly.
And I’m very grateful to my addresses who let me know about changes in the projects’ work and point out my mistakes.
4.01.2010
Question
What is the maximum amount your suggest to invest in 1 HYIP? Starting from what amount it becomes too risky that the HYIP’s admins might consider their income sufficient enough to close the project?
Answer
It depends on a given project. For someone $2000 is a gift, and another widely promoted project has daily incomes of 10-20K, and an extra couple of thousands is not of importance. But I personally have never placed more than $3000 in one project.
2.01.2010
Question
Alex, what do you think, is it worth to start working with projects like Genius, Nano Money Corporation, PanaMoney, i.e. those that lived long enough? Isn’t too high the risk of staying at the end of the queue?
Answer
These projects are old indeed (in terms of HYIP, of course), but new and fresh projects close not less frequently, if not more often. These ones proved at least they’re able to survive.
However, everything comes to that simplest thing I’m talking so much about on this site – it’s vital to split your money up among multiple baskets/projects – newer and older, low-yield and high-yield, long and short term deposits. This is the Very Main Military Secret in investment
29.12.2009
Question
Did it ever happen to you that a closed project renewed payments for the old deposits several months later?
Answer
If a project is dead, it is dead. Within several months at so high interest rates a closed project has so much accumulated debts, that even if the owners suddenly wanted to pay them, they couldn’t do that. If you see that a project’s site is back again after several months of absence, be sure – these are scammers just as they are, who attract new deposits with no intention to pay a single cent.
26.12.2009
Question
Based on your experience, how often do you suggest to withdraw funds from a project to the EPS account?
Answer
I withdraw at least every 4-5 days and even more often, if a project has high interest rates and, therefore, it’s more risky. The more money you have the time to withdraw, the lower is the risk that in case of problems your money will freeze in the project.
Also you can invest the withdrawn money in other projects, increasing in such a way your total income and again reducing the risks.
Simple arithmetic: you put $300 and withdraw every two days, let’s say, $6 (or $3 every day). After 15 days you’ll have in hand 45 dollars that you can reinvest in another project, after one month - $90, after two - $180. It means that if after 2 months the project is dead, your losses won’t be $300, but at most 70-80 (as the withdrawn money will be already earning for you). Also unpleasant but much better that if everything was gone.
23.12.2009
Question
Hello, Alex. I’d like to suggest you to make and RSS news feed on your site about what new projects appeared, what are being tested, news about scams etc. Simply I’m often on business trips where I cannot take my notebook with me, but with RSS news I could follow the changes on your site. Think I wouldn’t be alone to use it.
Answer
Good idea. I’d rather do that in the future.
17.12.2009
Question
How often do you use information from HYIP-monitors?
Answer
Extremely rarely. Nearly all the monitors are created not so much to show objective information, but to earn money placing the projects’ ads. Money is a good matter, but many monitors don’t change the status of projects for several days, even if they stopped paying.
I mean paying ordinary investors, but the monitors’ admins keep getting payments from scams and that’s why they keep them in their lists of trusted projects.
More than that, to attract people monitors invent various ratings. For example, I saw on one Russian monitor a list of “Premium projects”. That said, half of those premium projects lived 2 weeks but will hardly live as much.
There are more other reasons of my dislike towards monitors, but I think these are quite enough.
16.12.2009.
Question
How often do people tell you about their losses in projects they invested in, following your investment strategy?
Answer
1. There aren’t so many letters like that, indeed. Not because there are no losses, but because people understand the risks of dealing with HYIPs and, therefore don’t tear their hair out in case of problems.
2. All my “strategy” comes to the necessity of dividing money into 10-20 baskets. This investment strategy was invited minimum 5000 years ago. Exactly those who ignore this simple approach write me complaining of their losses. Usually such letters begin by the words: “I invested $500 in a project…That was nearly all my money…”
And I have to put them the recurring counter-question: “But who didn’t let you divide these 500 among at least 5 projects? You’d have lost only 100 then, which maybe could have brought you some profit, and you’d have lost even less.
3. In this chapter I’ve already described my attitude toward my own losses.
14.12.2009
Question
Could you please open this project’s site, look at it, suggest, give your opinion?
Answer
Very popular kind of questions . I’d like to repeat once more what I already wrote about. I can give my opinion ONLY on the projects from my list, but not on all the TSOUSANDS of projects from the Internet. Far less may I know, why one or another project unknown to me suspends payouts, doesn’t respond etc. Bisides that, take into consideration, that sometimes I receive up to 80 emails daily and I simply have no time to study the projects, that I receive the links for.
13.12.2009
Question
What payment system I better - Perfect Money or Liberty Reserve?
Answer
I think they’re equal. I keep my money in both systems, but I use Perfect Money more often. The reasons are simple: PM are easier to buy, and Liberty are oftentimes in deficit; the Perfect Money commission is lower; the major part of projects accept PM.
12.12.2009
Question
It’s regarding reinvesting. Some projects have the feature where the client chooses the reinvestment rate himself (from 1 to 100%). Example: a 30 days deposit. If there’s no reinvesting, the withdrawal is available daily, but if you it set it to 100%, there’s no daily withdrawal, but the sum increases significantly after 30 days! How do you act in such a case?
Answer
Usually I switch the reinvestment on (i.e. compound interest) only after having withdrawn the money that covers my deposit. I put $500, withdrew $500, then why not reinvesting. But it’s a personal matter. I just feel secured when I already earned some, and then I can try it out.
6.12.2009
Question
What do you feel when you lose your invested money?
Answer
When you’re in this business for a long time, you take losses as an inevitable but not crucial evil. For example, your car has broken, you have to spend money for maintenance – don’t you give up on your car because of those expenses, after all?
Here is an example for illustration.
Let’s say, I placed $800 in a HYIP. One fine day I fon out that the project doesn’t pay anymore. I take the calculator and start computing. As per my estimation, I managed to withdraw half a deposit. Hence, my loss is $400? – No, much less, because the withdrawn money was placed in other projects, and these $400 gave roughly $150 more. So, my permanent losses are: $800 - $400 - $150 = $250.
Next, my daily profit from HYIP investments is around $200-250. Seems like in order to cover my loss of today I need a little more than 1 day. Not a big deal.
This estimation, of course, is suitable for smaller investments, the percentage ratio of profits towards losses doesn’t change. An average percent of losses, that I’ve just evaluated as 50%, is also normal: sometimes you lose 70-90%, sometimes you have time to withdraw nearly all the money. When you keep such statistics in your head, you don’t think about losses, but about the final profit.
My concern is not so much the losses, which are compensated soon by new earnings, but rather that after some project is down, I must look for another one immediately. I’m always talking about the maximum 10% for one project, so I call it the “Rule of 10%”. But I myself try to stick to the “Rule of 7%” – I put on average 7% of the total investments per project. That’s why I have to manage minimum 20 different projects-baskets.
4.12.2009
Question
I find in divers places that HYIPs don’t leave more than 1-2 years. But there are some projects on you site which are more than 1-2 years old. Isn’t it too risky to invest in such projects by now?
And where do you learn how long a project is in action?
Answer
There are no projects in my list I work since their creation with (indeed, I work only with those that are already alive for at least 1.5-2 months). I don’t invent the information about a project’s lifespan, but find it, like the others, on the monitors because sometimes it’s not represented on the projects’ sites themselves. The HYIPs don’t live mostly more than six months. But there are long-livers among a big quantity of day-flies. Why should its owner close the project if the profit is still coming and they’re able to meet their commitments? (By the way, 70-80% of ordinary off-line firms shut down within the first year of their existence. So in this respect, the traditional business is not so different from the Internet business).
The investment risk exists for all the HYIPs irrespective of whether it was started a week or 2 years ago.
3.12.2009
Question
I want to enter my account. I see a window with dusky figures. I’m asked to type in those figures. What all this is for?
Answer
It is needed not to let spybots discern the figures automatically and enter the account. Such bots aren’t smart enough yet to read distorted symbols. It makes their life more difficult, but we have to spend more time to enter protected accounts.
27.11.2009
Question
Alex, why your site was unavailable?
Answer
Much the same question is asked when people cannot enter a project’s site. The reason is often the same – technical failure, issues with the hosting etc. Once, I needed one day to restore the site, and in that period received over 100 messages from my regular visitors. Then I understood what the projects’ admins feel when thousands requests come upon them from worried investors ;) Thanks everybody for your patience and support, life goes on.
26.11.2009
Question
Please give your opinion regarding the Pirexfund layout similarity to other projects, namely in the font size and some, frankly speaking, copied/pasted F.A.Q. chapters, for example the “can I lose money?” chapter. I understand that this project exists for a long time (in terms of HYIPs), but maybe it’s because their sites was made by the same company…
Answer
Most of the projects’ sites are made on the basis of free templates, and also often carelessly. For example, the F.A.Q. section is absolutely the same at 95% of projects. To spare time and efforts the projects simply copy texts from each other.
Sometimes an unpresentable design is explained by that the project’s owners didn’t plan it to live a long time – just were hurried to start working somewhat quicker, and then - as luck would have it. Then they make it, investments start coming to them, their rating is raising. Then they have the time to adjust the design. For example, recently Nano Money Corporation has changed initial template designs.
24.11.2009
Question
There are rumors lately about the dollar downing. Is it still reasonable to make investments in USD or it’s better to credit account in Euro?
Answer
I’ve been hearing about an inevitable crash of dollar for almost twenty years. Every week a scary article appears somewhere saying that it’s the end, dollar is definitely down. But it’s still getting greener and greener, and I think, will also outlive us all. I also noticed that for some reason this question worries those people who have a very few dollars and euros. But seriously speaking, the deviations make sense only with profits over $1000.
22.11.2009
Question
Your name is Alex. Why in your referral links it is sometimes Petr or Petroff?
Answer
I have a long-term habitude: not to leave my actual personal details in unknown places – name, surname, address, phone number etc.
21.11.2009
Question
Please advise, how is it better to start if you don’t have $1000. Is it real to come to $300 of monthly income having only $200 initially?
Answer
Of course, it is. Let’s say, that after one month you profit is 25%. So the initial $300 turn into $375. If you reinvest them, after the second month you will have 25% on them, i.e. $93. The third month you will already have $468 invested. And so on.
And of course, I described an ideal case, without eventual losses including loss of time, because to be able to increase your capital so fast, one should invest and reinvest all the time, almost every day.
19.11.2009
Question
I have some spare $17 000. Please suggest, from what amount it’s better to start investing?
Answer
For a start, till you gain experience, invest at most $3000-5000 split among at least 15 projects.
18.11.2009
Question
Please explain, what does this sentence mean: “principal not returned”. How should I read this?
Answer
For example, you’ve placed $200. During the deposit term you have received $450. The term expired, and the project stop paying interest and doesn’t return the deposit. Hence, your net profit is $450 minus $200 = $250.
17.11.2009
Question
Hi, Alex! I’ve had my money stolen from my Liberty account. What shall I do now?
Answer
Your money’s gone for good. Most probably you have some viruses and spyware on your computer, which steal passwords and logins.
First, clean your PC from that pest and do it regularly.
Second, type and save your passwords and logins in a file, and DO NOT EVER USE YOUR KEYBOARD to enter your accounts. Just copy your passwords and paste them in the form fields (captcha always changes, so you can type it). Or use the “virtual keyboard” provided in multiple projects, in other words – use only your mouse.
Why is this so important? Because spyware usually logs passwords when you press your keyboard keys.
Read more
14.11.2009
Question
I have received a message from Liberty asking me to go through the link to verify my email address, as they’re updating something in their system. Please advise, have you ever had something like this? I had been already robbed once, now I’m scared, or am I too suspicious?
Answer
You are exactly in danger of being robbed once more. You will enter your password and other details on the phishing site, after that the frauds will get access to your EPS account. Payment systems NEVER send letters to their customers.
You should also be cautious when you receive messages on behalf of projects with various requests, inquiries to provide your personal details, re-register (“because of a system break down”, “you won a prize” etc.). The true projects send messages only to notify about a received withdrawal request and confirmation (or to alert about frauds and spam).
6.11.2009
Question
I can invest $100 for a start. But to be able to register at Perfect Money, the minimum credit must be 500USD or 500EUR. Please advise me where to start.
Answer
In order to register in payment systems you don’t need money. You can credit it later. And here it’s about the minimum amount to put money via bank transfer.
2.11.2009
Question
Your list of funds is very large, I don’t have money for all of them, so please suggest 5-10 funds in your opinion most suitable for a start.
Answer
You see, I have my money invested in all of these projects, so if one of them was too bad, I’d take my money back (or lose ). Every investor has his own character, temper, possibilities, hence there’s no universal advise. Someone has $20000 and he put them at 15-17% per month. Why risk, he has more than enough and at low rates.
Someone wants to grow rich faster and doesn’t pay attention to the risk. He deals only with the projects promising more than 30-40%.
And vice versa: there are people who want low but “guaranteed” 5-7% monthly.
Some people prefer projects with daily withdrawals, “little by little, but every day”, some others want to take a big amount at the end of the term. Tactics differ.
And the last thing, as I already wrote before: I’m risking my own money and cannot be responsible for the others.
Here’s my advice though, don’t be lazy, split the total sum among 7-10 projects, combine high-yield projects (30-35%) with average-yield and “low-yield” ones (in terms of HYIPs) with 17-22%.
29.10.2009
Question
Yesterday I invested 29$ in a project. It is Monday already, but no % on investment yet.
Answer
It’s all right. You made your deposit on a day off, the interest is not paid on such days and your deposit is not activated yet (if the project pays only on working days). Moreover, almost all the projects take one day to activate deposits, hence if the deposit is registered on 26th, for example, the interest will start coming on 27th or 28th. In your case you will receive your first profit on Monday in the evening or Tuesday.
26.10.2009
Question
I can allow myself to invest only $250. Please advise, among how many projects should I split the sum? And with what of them it’s better to start in your opinion? I understand that the sum is small, but I think that it’s not worth sitting and putting aside, but starting right now and reinvesting the profit.
Answer
Put them in minimum 5 projects. Start with the projects that pay daily (not at the end of the term), to “feel the profit” and train yourself making withdrawals and opening deposits, reinvesting in other projects.
22.10.2009
Question
I put my money in a project but the withdrawal transaction code received at the sing-up is wrong. I contacted the support dept., but without reply, at the same time the profit is being added to my account. Is it still possible to withdraw it?
Answer
Administrators usually reply within 1-2 days (except for week ends). And they reply almost always. In the last resort, there’s always one more thing, that all the projects are frightened of – it’s to promise them a bad vote on the HYIP-monitors. So the question is resolvable.
17.10.2009.
Question
It is said on your site that it’s not profitable to deal with investments with less than $1000. I have only 420$ for the moment, that I’m ready to risk, and I’ll be able to add more than 100$ every month. What is more reasonable: to save a bigger sum or to invest right now?
Answer
It depends on the approach. Many people place those $400, and then withdraw small change daily and spend it at once. Another matter, when the profit, even small, is reinvested again and again. Then $400 will turn very quickly into 600, 1000 etc.
