The first two months of online HYIP investing ended in a net loss of $266 and the lesson learned that due diligence is the true challenge. It might well be that most try to avoid becoming a ponzi scheme but end up grabbing some of investors’ money anyway, as it were, to cut the losses of invested time and energy.
The online HYIP market will develop further in the coming years. Bank savings return rates are depressingly low and have let disciplined savers down. (Considering the fact that most of them end up with less money in their accounts after 10 years of savings and interest payouts.)
Thanks to e-currency the cost of transfering small sums of money has become almost insignificant. Once this becomes general knowledge, people will start turning to the Internet to invest a part of their savings.
The serious hedge fund managers that got caught in the fallout from the Bernie Madoff ponzi scheme could have prevented losing their money. On the internet, hyip scams are also relatively easy to spot.
If one is researching eCurrencies in relation to HYIP investments on the Internet, then there are two different types of eCurrency service providers to differentiate from:
1: Those who function as eCurrency banks
2: Those that function as eCurrency exchangers
