Before to typify HYIP, let's figure out first what it is and how founders see it. HYIP founders name like investment funds or sometimes masked under investment funds with trust management. In practice 95% of all HYIPs are a banal financial pyramid which "live" or pay to existed investorsby means of next investors. In the next article we will tell about mechanism and now let's see types of HYIPs.
1. Low yield - profit 6-16% monthly.
2. Mid yield - profit 17-60% monthly.
3. High yield- profit more than 61% monthly.
The third type as you guess is the most risky and life-time of such projects is about weeks. They can work 5-13 days or can be closed in the first day. However some people take their chances and some of them are lucky enough to hit the jackpot. This kind of HYIP also known as Fast, because of income growth rate and because of closing speed (Scam).
Mid yield projects bring profit less but its life-time much more long (several months or several years). They have good administration but still pretend as a group of "super-traders" in the market of Forex for example, but every day one after another Scaming
Low yield projects they are really give an opportunity to increase your income not only by bricks of investors. It can be notorious groups of financial traders or professional bookmakers or even group of poker players (Though I didn't meet such variant). However there is a snag - people trust in these projects much more and financial frauds use it.even well-known projects. At specialized forums investors daily check the status of the project and also such monitoring site as ours (monitor-invest.net) gives newest information about payment delays or closing of the project. Therefore it is very important - to learn more about the project where you are going to invest and take part in checking of news on monitoring sites or specialized forums.
You should note that any HYIP is created make profit for the founder. We all have different appetites. Someone Scaming after $500-1000, but someone aiming at hundred of thousand evergreen dollars.
In the following article we will talk more in detail about terms of deposit and ways of revealing of frauds before the first deposit.