What is HYIP ?

What is HYIP. HYIPs typically claim to offer interest rates of 1% or more per day on invested funds, some claim to offer much higher daily rates exceeding 200% a day. Claims of astronomical returns without large capital outlay or background information are indicative of a Ponzi-structured HYIP program. Taking both the negative and positive aspects of HYIP into consideration, the conclusion is, if done right, High Yield Investments can be extremely lucrative. Most High Yield Investment Programs do not survive for very long , turning out to be a scam. Scam HYIPs are Ponzi schemes.A Ponzi scheme is an investment operation that involves paying abnormally high returns ("profits") to investors out of the money paid in by subsequent investors, rather than from net revenues generated by any real business.This approach allows the scam to continue as long as new investors are found and/or old investors leave their money in the scheme, known as compounding (because even higher profits are promised).