Wednesday, December 26, 2007

The HYIP world is full of scams. But why?

Most sceptics in this arena will tell you that most HYIPs to be scams because it's impossible for anyone to achieve the return on investment that the HYIPs usually offer. The sceptics will be right. The sceptics will be wrong too.
It's really impossible to achieve outrageous returns like 2% daily or even 20% monthly long term. Sertainly you could do it for a week or month. You could even do 1000% daily if you "invest" in sports betting. But that is just a gamble and always results in more losses than gains. And I mean always.
There is another problem - the motivation. If one can by any chance make 2% ROI per day, he can start with as little as $100 and by compounding to have $137,740 in just one year. Anyone who has such a magic profit machine would just invest themselves instead of sharing this wealth with you.

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