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- May 11, 2021
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HYIP stands for high yield investment program. This type schemes usually provides much higher interest than the traditional deposits which makes it a center of attraction for the investors. But any HYIP which launch these days, are mostly scams and runs aways after some time of paying.
The reason behind is that the reputation of such schemes is already so spoiled, that even if any scheme tries to pay legitly, people won't trust them at all. Also the scam sites which promises to pay such high ROI, a legit site will definitely pay a reasonable price only. Hence will attract less investors. The image of this industry is ready spoiled and no ray of hope is there.
The reason behind is that the reputation of such schemes is already so spoiled, that even if any scheme tries to pay legitly, people won't trust them at all. Also the scam sites which promises to pay such high ROI, a legit site will definitely pay a reasonable price only. Hence will attract less investors. The image of this industry is ready spoiled and no ray of hope is there.