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RE: HYIP programs for dummies "High Yield Investment Program".

in #steem8 years ago (edited)

OK, but you didn't touch the main core of the issue. All investments have risks, usually, bigger yields means bigger risks, BUT. Not all HYIP are Scams, or Ponzies "per se". That is a bit relative.

The main thing to address is, as a business model, this particular investment is sustainable? Regardless of the return yield.

The reason i say this is because, compared to traditional investment products, Cryptocurrencies seem to have a very high Yield, therefore, they can be considered HYIPs, but not necessarily SCAMs or PONZI schemes.

A really educational thing would be to help diferenciate Scams from legit investments (regardless of risk).

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HashOcean is a Great example of Ponzi scheme, However, if a higher price of Bitcoin, Hashnest could give you ROI in about 1000 days , last time i checked (provided BTC price stays high) which in tradicional investments standards is a VERY high Yield!

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