Many novice investors encounter seemingly elementary things that should definitely be avoided, but still make a number of mistakes. Interestingly, even experienced investors who have been in the field for a long time also make them. We decided to post a short article on the blog with brief recommendations so that newcomers and others know what should never be done before investing.

Recommendations and Tips

We have prepared a small list of recommendations on what not to do before investing in HYIP projects:

1. Do not invest the entire amount in one project

• This seemingly obvious action should be avoided in any case, regardless of the admin's credibility, the call of acquaintances/top bloggers/monitors, or your own confidence.

Solution: When dealing with HYIP projects, it is necessary to distribute the risk of losing funds using a diversification strategy. You can familiarize yourself with the topic more detailed in an article: Diversification Strategy.

2. Always check the project status

• This point is especially relevant for beginners. Even experienced investors sometimes create deposits in projects that have the status «Problems» or even «Scam». Don't you mind your money, and are you ready to invest in everything? We think not.

Solution: Before investing in an investment project, you must check the status on aggregators like Hyiplogs, ISP, MMGP, our blog, or other monitors and blogs that display the current project status to make sure that the project has no payment issues, and you are investing in a viable investment project.

3. Seeing a plan for 4000% in 90 days. «No time to think, need to deposit!»

• Under no circumstances should you do this. Such investment offers in 99.9% of cases will not allow you to withdraw a penny or will block your account altogether. Sky-high percentages are the investor's enemy.

Solution: You probably already guessed what solution will be written here. Do not create deposits in such investment plans, otherwise, you risk simply losing your funds. Don't do it.

4. Read the comments before investing

• Experienced hyippers may overlook this point, but we would recommend following it. Yes, it can be related to the 2-nd point, but we decided to highlight it separately. For example, in the MMGP thread, you can read comments from experienced investors at the beginning where they used the project wallet; they might reveal who the previous admin was, how they operated, and criticize the project. This is all important information that you need to know, read, and it will help you make a firm decision about your investment.

Advice: Do not exclude the possibility that experienced hyippers tend to make mistakes. You have your head on your shoulders, and the decision is yours alone. No one should be blamed for this.

5. Be prepared to lose money

• Unfortunately, the HYIP industry is associated with risks, and here, without losses, it is impossible. After point 1, you could understand this. Hyips operate on the principle of a financial pyramid, and when the influx of funds ends, the administration decides to close the project. Unfortunately, recently, scams due to the human factor have increased because of the greed of the administration. Therefore, always be vigilant and keep your finger on the pulse of events.

Solution: Always invest an amount that you are not afraid to lose and that will not affect your family budget.

Our blog-monitoring always offers favorable investment conditions. We allocate a reserve fund in case of losses and pay a partner bonus to increase your income. It's beneficial to deal with us. Join us and recommend us to your friends.

6. Never take out a loan/credit for investment

• This point is very important. We want our investors to understand why this should not be done. Think for yourself. What can go wrong in hyips? We'll wait until you mature the answer.

Solution: Forget about this possibility forever. You can lose borrowed money and get into an unpleasant situation. Why do you need this?

7. Take investing seriously

• Monitor the statuses of projects in which you participate, record data on how much you invested/withdrew. It's all up to your imagination. Take hyips seriously. You can even say like your job, but one that you love with all your heart.

Conclusion

Perhaps we missed something, but we covered important points in this article. All the points mentioned will help you not to grab your head after investing in a HYIP. Especially after its scam.

We believe that the article will be useful for all categories of investors, starting from those who have just entered the HYIP industry to experienced hyipers.

Invest successfully and profitably with Richmonkey.cc!

Wishing everyone profit and successful investments!