Data Entry Jobs
Is there Any Future in HYIP Sites?
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By Billy Middleton
Some see HYIP’s as a gamble, others a game but for many they a source of significant income. The potential for loss is apparent from the outset, most sites even clearly state that there is a risk and that you shouldn’t invest more than you can afford to lose.
Let’s face it, no one wants to throw away their cash, but the truth is many are tempted by high rates of return and the promise of being able to sack your boss. Comments such as this are misleading and designed to do one thing only, GET YOUR MONEY. The victim is lured by the prospect of becoming financially free.
People are often more sceptical of programs which offer payments to read e-mails or take surveys, aware that there will be a significant amount of time spent in front of your PC working before you see any income at all. Yet time and time again, new sites come and tempt hundreds of thousands of people to part with money they can ill afford before running off into the night.
So where does the HYIP world go from here?
The truth is without changing public opinion there isn’t many directions it can take, the most likely is to remain static in its current state with thousands of programs available. Most sites short lived and returning only to a select few who join early, some lasting longer before the owners pull the plug, and a minority who continue to make money for its investors in the long term.
The problem at the moment is that it’s simply too easy for anyone to set up a site using some freely available scripts with the sole purpose of enticing enough victims to make a quick buck before closing and retaining the invested funds.
The solution is available, but it’s not an easy road, and few will be prepared to take it. One of my previous articles goes some way to explaining why most won’t stand up and be counted. When it comes to cleaning up the HYIP act, many would rather let it RIP. But as I stated in that article, I won’t be dissu!
aded, wi
th more and more support for my actions I believe we can turn the corner and move this industry into a better dimension. It will take time, and it won’t be easy, but its worth the effort.
