Payment report 20061031: Eutradeltd.com - Paying

Eutradeltd.com

Status: PAYING

Intial investment on this site: US$ 200
Total payment received to date (including refferal bonus): US$ 102 (51%)

Please note that this site is not automatically transfer their payment to my e-gold, so i still have US$ 7.6 in their account. Until i've withdrawn the money to e-gold, i will consider it still in risk!

Payment report 20061031: Giantinvestment.com - Paying

Giantinvestment.com

Status: PAYING

Intial investment on this site: US$ 20
Total payment received to date: US$ 9 (45%)

Yesterday i didn't get my payment and in today's payment they said "they changed the payment schedule".

Hmm... changed the payment schedule? Hopefully this is not their way to reduce their payment. The program claims they're going to pay the investor for 25 days.

Payment report 20061030: Giantisventment.com - Delayed

Warning: I haven't received payment from Giantinvestment for October 30. I've sent them e-mail, let's wait for their answer. For the time being, please do not invest there until my further notice.

Payment report 20061030: Eutradeltd.com - Paying

Eutradeltd.com

Status: PAYING

Intial investment on this site: US$ 200
Total payment received to date (including refferal bonus): US$ 98.2 (49.1%)

Please note that this site is not automatically transfer their payment to my e-gold, so i still have US$ 3.80 in their account. Until i've withdrawn the money to e-gold, i will consider it still in risk!

Oh and i have to mention that today their website is way much slower than usual. I don't know why, hopefully they're not closing down.

Payment report: Giantinvestment

Starting today, i will post returns from my investments.
This one's from Giantinvestment.com; i received US$ 2 today (14.14 GMT).
Status: PAYING

Intial investment on this site: US$ 20
Total payment received to date: US$ 7 (35%)

What is e-gold?

E-gold is a virtual currency that claims to be 100% backed by gold market. It started the business back in 1996 and continuosly gains trust from its users across the globe.

Technically, using e-gold is similar with using your regular bank account to store and transfer money. The difference is, with e-gold you can switch your money to various currencies (US$, GBP, etc).

E-gold is safe and professional, they have no interest to steal your money away. Their site is protectedwith state of the art technology to protect their customers money. You can also help e-gold to protect your money better by:

• Not sharing your password (they call it passphrase) with anyone
• Follow their suggestions in creating your password (contains alphabet and numbers, not too short, etc)
• Follow their suggestion in security, for example IP change protection. With this feature on, e-gold will send you confirmation e-mail each time someone tries to login to your account from unknown IP address.
  
• Not log-in to e-gold via unknown link (For example: you receive a e-mail claiming to be sent from e-gold and ask you to input your account number and password... don't!)
• Using a specific password only used for e-gold. Don't use same password for your e-gold and HYIP account, the scammers from HYIP sites could use it to steal away the money in your e-gold account!

Another good thing about e-gold is: they offer refferal bonus to their users. If you refer someone to join e-gold, you'll get 10% of all of his/her transactions! Interesting, eh? Join e-gold here, and be my downline! :-)

HYIP monitors: useful, but don't count on it

One way to "play safe" on HYIP investing is following the guidance from HYIP monitors. HYIP monitors are site dedicated to "monitor" the HYIP sites. You can find resumes and reviews on various HYIP programs. They will post the current status of HYIP sites; which one is paying and which one is not.

Can we trust them?
I wouldn't suggest you to do so. Well, not COMPLETELY, i mean.

Usually HYIP monitors have some 'agreement' with HYIP sites. the Monitors provide 'good' ratings on HYIP sites, and HYIP sites give the monitor some free fund as 'investment' in return. That's why you can see that some HYIP monitors post how much money they invest on certain HYIP sites. Well, it's not really their money!
And if it is, HYIP sites understands the importance of good ratings on hwo they will survive longer in their business, so they will prioritize HYIP to get paid for their "investment"! It means that even if their payment to their real members already stopped, they will continue to pay the monitors to get good rating - so people will continue investing their money on them.

So, is there any use in relying on HYIP monitors?
Yes, there is. You can use HYIP monitors to:

• Tell the life span of a HYIP site. The longer a HYIP site has operated, the bigger risk you will face to invest there. I will explain about this on later postings.
  
• See reviews from other investors. See how many get paid, and how many don't. But again, in the wild world of HYIP, don't take them too seriously. There are many fake voters out there. More about this on later postings.
  
• Get informations about new HYIP sites.

You can find many HYIP monitors by googling on keywords: "HYIP monitor" but the followings are some of many:

• HYIP monitor
  
• The HYIPs
  
• HYIP Investment
• Gold Poll

First post: what is HYIP?

HYIP stands for "High Yield Investment Program". Nowadays the net is overwhelmed with this kind of financial service. You can tell a HYIP site from these characters:

• offering you financial investment service with immense level of returns (i.e.: 2% daily, or 200% mothly)
  
• doesn't tell you the details on their investment method
• usually, but not always, use e-gold as the method of payment
• usually, but not always, offers short term investment method (monthly, or even hourly).
  

What do you think? 200% monthly... wow... is that true?
the bad news is... it's not. I mean, they are not really investing your money in a "real business". They operate based on Ponzi Scheme. You can read about it in here (from wikipedia). In short, Ponzi scheme means they pay earlier investor with the money from later investor. No legal business ever able to generate that much interest in long term, so yes, most of the HYIP sites are ran by scam artist.

But if you ask me, is it possible to actually gain something from HYIP, i'd say yes! How? Read my next posting first... :-)