Is there any such thing as a legitimate HYIP?

[rammy2k2]

Is there any such thing as a legitimate HYIP?

I see posts for who not to use, but never any posts saying that "these guys are legitimate" at least not from anyone but spammers. 

Thanks

NO, never one legit, only naive people think there's a legit one

[leex1528]

NO, never one legit, only naive people think there's a legit one

Of course there is.

So if a person makes one, states its a HYIP, that people will lose money, but the ones that invest first have the best chance, how is that not legit?

I have done a few like that and made some decent coin, it is absolutely no different than gambling....

[notserp]

NO, never one legit, only naive people think there's a legit one

Of course there is.

So if a person makes one, states its a HYIP, that people will lose money, but the ones that invest first have the best chance, how is that not legit?

I have done a few like that and made some decent coin, it is absolutely no different than gambling....

big difference from gambling when the owners of those scams are the ones to depo first and a few others get lucky and make alittle before its gone.

[Amun]

A HyIP is already a system that kinda scamms everyone :/

[jaberwock]

HYIP can't sustain themselves. They will blow up, probably not when there is not enough money to pay the people, but when the money entering starts to diminish.


At least with gambling sites we know they have an sustainable investing plan

[TradersWay.JC]

Just because the first people to invest in an HYIP are paid does not mean the HYIP is legitimate. Further, it doesn't matter HOW LONG it lasts neither. Legitimacy has nothing to do with longevity -- it merely has to do with

1) whether or not your money is being invested in the way claimed

2) whether or not the growth actually happened (everyone invested should be able to successfully withdraw ALL of their money at any given time)

HYIP usually means that it does not last long, but this is just how it usually works. This does not denote legitimacy at all.



Just look at Bernie Madoff -- decades of 'growth', decades of deposits and withdrawals. Whether or not it was once legitimate to begin with is another issue. I believe that it was.

[TradersWay.JC]

And further, calling it an HYIP is completely arbitrary. There is no investing. It is GAMBLING. You are gambling for the chance that the operator of the SCAM will grant a withdrawal request to your wallet at the expense of someone else. True INVESTMENT (the third letter of the acronym) is based on something more legitimate and real, not at the mercy of whether or not someone will honor a withdrawal.

The operators of these HYIPs are a disgrace.

[allcoinminer]

Is there any such thing as a legitimate HYIP?

I see posts for who not to use, but never any posts saying that "these guys are legitimate" at least not from anyone but spammers. 

Thanks

HYIP itself is non-legit then how can you find out a legit HYIP?

[Snail2]

The problem with HYIP is the word "guaranteed". I think making 1% per day on average from cryptos isn't impossible but no one can "guarantee" that. Maybe you can make 200% profit in few hours on something but maybe you have to wait a month for such a good opportunity. So that "guaranteed" instantly makes it fake.