If you take a look at my bitcoin HYIP monitor you will see I am currently invested in 12 HYIPs and I am pretty happy with my portfolio. Now, if you take a look at my list of all HYIPs that I have assessed you will see over 80 that I have not invested in from the last 2 weeks alone.
Given that I am doing well at the moment, and the fact that the overall HYIP industry is performing well, you would be forgiven for thinking that I should be investing in more HYIPs. But remember, not all are worthy of your bitcoin.
So, let’s take a look at a few HYIPs that I am not investing in, and why.
First is the aptly named “Special Profit” which is the first problem, and also the first clue as to how this HYIP will perform. The next problem is the type of investment plans available – all are less than 1 day, and although the profit returns are reasonable and some investors will actually get paid, they are hardly sustainable. Think about it for a second and try and work out how many investors would need to pile in to make that last. The final problem, and the most severe is the lack of SSL on the site. As a reminder, the basic rule is that if the HYIP doesn’t have a green bar in your browser, or an https address, don’t invest.
Second is “Hot BTC“, another which the name is a bit of a hint. However, the biggest problem here is not the name or the generic look of the site – it’s the crazy investment plans available – 600% in 1 day and 1,500% in 2 days. Simply not plausible. If you dig a little deeper, you can actually find fake HYIP monitors for this one which is a real trap. So, you shouldn’t need me to tell you not to invest here – common sense should prevail.
Lastly, is a fantastic one called “Earn-BTC” hosted out of my blacklisted country Canada. This one is the classic scam, even down to the finer details of a list of fake deposits and withdrawals. This one also wins on most number of grammatical and spelling errors. Take a minute to observe this site and you’ll see what I mean – classic stuff! It really is cringe worthy.
Needless to say, all of these three are extremely risky so don’t invest. Also, it seems like a good time to mention that many HYIP monitors provide paid ad slots for HYIPs, and the HYIP admin can simply pay a large fee to fool investors like you and me. Not my HYIP monitor – all HYIPs are verified by me using my own bitcoin.