Saturday, May 17, 2008

[CASE STUDY] A Look At Why SpeedCycler Failed

Well, HYIP is not the most stable investment in existence today and in fact it is the riskiest. Prehaps, this is the only one that I started out with on HYIP, I liked SpeedCyler a lot at first because the service was great at first. Cycling took 7 days and everything was cool. Luckily for me in this case, I had joined in the early part of this program and had made some money from it.

However it may be a eventual scam, I had thought it out and think that investing in HYIP is still possible as I would use the 'Hit and Run' tactic for them. Join early make money and leave it. Do not put in any more money after awhile because it can be very risky to do so.

HYIP in order to convince people that there are legit and not scams they rely a lot on the users to give testimonial about their program and that is when they pay and dot on you, attend to your every needs. Once the system started to collapse and they realized that it is time to wind up, everything will end there.

Why HYIP will never work?

In simple math, it is understood that HYIP with the promised 200 % return will never work because the return are just too high. 200 or 300 return can only happened to you in the Stock Market however, the risk is either way as you can earned and at the same time, you can also lose that much. This is what they call the Risk and Reward Ratio. In HYIP, there is this ratio as well, but the amount that you lose is usually little as most users would only invested in the minimum amount like $1.

Be it as it may, it is still up to you to believe whether any program is bona fide or not a scam, it is always good to be prudent and careful when it comes to hard earn money.

Caveat Emptor

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