What is hyip?

HYIP stands for High Yield Investment Program.

HYIPs gained popularity when e-currencies such as e-gold [1] , StormPay and others were introduced. HYIPs allow investors to invest even in a very small quantity, making the program very popular and easy to follow. An example of HYIP is Autosurfing websites.

As with other investments, high gain means high risk. Many HYIP programs were proven to be scams. Most of the scam HYIPs use the ponzi or pyramid scheme, in which new investors provide the cash to pay existing investors. The process continues as long as new investors are found, explaining why even fraudulent funds are able to provide the promised payouts initially.

HYIP schemes are frequently advertised in spam, since people are rewarded for providing referrals of new customers

HYIP stands for High Yield Investment Program.

HYIPs gained popularity when e-currencies such as e-gold [1] , StormPay and others were introduced. HYIPs allow investors to invest even in a very small quantity, making the program very popular and easy to follow. An example of HYIP is Autosurfing websites.

As with other investments, high gain means high risk. Many HYIP programs were proven to be scams. Most of the scam HYIPs use the ponzi or pyramid scheme, in which new investors provide the cash to pay existing investors. The process continues as long as new investors are found, explaining why even fraudulent funds are able to provide the promised payouts initially.

HYIP schemes are frequently advertised in spam, since people are rewarded for providing referrals of new customers