This post is part of Free Guide to Investing in HYIPs. Click here to read the previous article.
8) Control your emotions / take risks
It is necessary for you to carefully control your emotions, as you need ultimate concentration for making competent investment decisions at the right time. This topic has been highlighted in detail in the section “The attitude and emotions”.
9) Do not lay your “eggs into one basket”
This rule corresponds to the old truth: “DO NOT KEEP all the money in one basket.” always avoid investing all your money into one program. distributing funds in several HYIPs is essential to limit the risks.
If you lose money in one HYIP, you still have money in other programs, interest payments on which can compensate for the loss. In addition, you will feel frustrated and unsure if investing in a couple of HYIPs on appro, you will lose a deposit.
How many programs should you invest in? Obviously, it depends on the sum you are going to invest from your investment types and strategy. But, in my opinion, 10 HYIPs is the minimum number! In the chapter “Strategy” you will be able to find the solution that best of all solves your problem.
10) Perform trial testing
When you have analyzed all thoroughly and decided in what HYIP programs you will invest the money, it will be very wise on your part to make the investment trial.
This may be the minimum amount that the program takes. This simple step will allow you to know the HYIP better: how it works, if it makes payments on time, how the interaction with the administrator takes place, etc.
Important Advice: Do not make any investment in the project, until you get paid interest on your first trial deposit!
Naturally, the investment trial is really necessary only when you plan to invest a considerable sum from your bank into a particular HYIP.
However, always be careful! Some fraudulent programs pay interest only on small amounts. That’s why you should carefully consider payment screens that are placed on the forum. Basing on this, draw any conclusions.
11) Monitor the situation
As soon as you have made an investment in a HYIP program, you should begin to monitor your project investments!
Check whether the administrator fulfills his obligations (namely – payments). Further carry out constant personal monitoring of the HYIP (forums, websites, search queries, ratings, advertisements, etc.). It is necessary to keep track at what phase of development the project is now.
It would also be very useful to make a separate document (Excel), in which you could record all the important details of the program: date of investment, rating from Alexa, rating from Google. Moreover, it is best to set the start date and then compare the performance in a week, month, etc. Just understand that when you are not carefully following the HYIP development, you are likely to miss the right moment to exit. As a result, you get losses.
To be continued. Watch out for updates in the blog!