Tuesday, May 2, 2017

More on HYIPs, Cryptos

 So Coinfactory finally quit paying, as well as Coinexpro. I was in profit on both, and correct to be skeptical. I have since done more research on these HYIPs (High Yield Investment Programs).

 A few good places to start your reading are:

http://www.hothyips.com/before_invest.html

http://www.viral-alert.com/

http://www.talkgold.com/forum/

https://www.quora.com/What-is-the-best-trusted-Hyip

And from there you can do your own research. My conclusion is that these are all Ponzis, if you get in early enough you can make some btc (I have) but they do shut down eventually as we have seen.

 Do I recommend them at all? No. I really can't, with the rate cryptocurrencies are rising in value on their own its a more stable and safer investment to simply buy and hold them in a secure wallet.

 I only invest btc I can afford to lose, and am currently only using my profits from the last two, so none of my own money is on the line. From .43 deposited in CF I withdrew .91 and .55 deposited in Coinexpro yielded about 1.3 I had a few affiliate comissions that helped, compounded a bit despite it being risky. I was luckily successful. 

The newest one I'm in is ExaHash (update: which stopped paying prior to breakeven, .2btc loss)

I'll keep you guys updated, plenty more to come.

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