Self Employment Options - HYIP
- Invest, Wait, Earn!
High Yield Investment Program (HYIP)
Investment: P450 - P450,000 ($10 - $10000)
Process:
Process:
1. Invest your Money.
2. Wait for daily or on expiration return.
3. Earn then withdraw your money.
2. Wait for daily or on expiration return.
3. Earn then withdraw your money.
Evaluation
Risk: 90% - HYIPS close down without notice which will make you lose your money.
Effort: 40% - You need to read and review the programs you will join in.
Return of Investment: 105% - 700% (On average 175%)
Rate of Return of Investment: 1 day - 365 days (On average 20 days)
Possible Monthly Income: Up to $1000
How HYIPS Work
High Yield Investment Programs are websites that provide opportunities for independent investors to put in money in exchange for returns depending on how the program works. There are 2 kinds of returns:
1. Daily / Hourly - Receive returns daily or hourly.
2. On Expiration - Receive returns after a specific number of days.
2. On Expiration - Receive returns after a specific number of days.
How get funds, join an HYIP and sell funds for PHP.
You need to use a payment processor. There are 3 popular payment processors to choose from.
1. Solid Trust Pay - Safest and most trusted
2. Perfect Money - Fast transactions but hard to convert
3. Egopay - Easy to use and convert but has high fees
2. Perfect Money - Fast transactions but hard to convert
3. Egopay - Easy to use and convert but has high fees
There are more Payment processors out there but these are the most popular.
For Filipinos wanting to try this out, here are the instructions to fund your Payment Processor and sell your funds.
1. Create an account in one of the payment processors.
2. Contact MGcseller Works. She sells Payment Processor Dollars and all you need to do is buy those from her. Exchange rate differ from time to time but mostly it ranges from P42 - P45 per $1
3. Buy funds through her given payment platforms (Remittance Centers, Bank Deposit, Mobile Cash)
4. Pick an HYIP you want to join in and then invest your funds.
5. Wait for daily returns / expiration of your investment then withdraw your funds.
6. Contact MGCseller works and see if she is buying funds from your payment processor.
Things to Remember:
1. All HYIPS are UNSTABLE. They don't last long so don't expect to always gain a lot from these programs.
2. Treat this venture as a gambling opportunity due to high risk with high reward. Sometimes you win, and sometimes you will lose.
3. Do not put all your eggs in one basket. Diversify and put some of your funds in other programs.
4. Do not randomly pick the program you want to join in. Research, read and review some of the programs you want to try out. There are many review sites and monitors out there that can help you find programs that will not fold immediately.
5. Do not trust a single person's opinion regarding a program. Always seek others' opinion to see if they have the same point of view.
6. Invest only what you can afford to lose! Do not use your designated money for expenses.
7. Personally, I DO NOT RECOMMEND THIS AS AN OPTION FOR THOSE SEEKING SELF EMPLOYMENT OPPORTUNITIES. To be able to win here and gain a lot of money, you need to have a wide network of HYIP players that you can follow because most of the time, these groups are always the first investors of an HYIP.
8. Timing of investment here is very important. The earlier you joined the program, the higher the chances that you will win.
For more information, visit these websites:
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