03-17-2008, 08:50 PM
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Join Date: Jul 2005
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Common hyip playing mistakes...
Common hyip playing mistakes that will smash your profits
March 18, 2008 - 12:43am | author: fairyjadoo
http://ecommerce-journal.com
Quote:
If you want to win in hyip playing the right way then you need to get the right hyip knowledge and experience as well as avoid these common mistakes. Make one or all of them, big possibility that you will lose all your money.
Here are 9 major common mistakes that may cause you lose all your money in no particular order of importance:
1. Short term and high ROI
All short term volatility is random and all high ROI type of hyip will incur payment problem in longer term. It’s difficult for you to win at it, but you may try. Most short term and high return of investment hyip such as hourly plan hyip for instance, don’t make any payment at all, if you are lucky this hyip may pay only for the first deposit and pay nothing when you redeposit, while others only make payment half way and don’t complete the actual payment plan.
2. Paid posts or expert opinion
Paid posts are just that stories and opinions and should not be taken seriously and be as your definite guidance. All paid posts are instantly discounted in the term of accuracy and therefore cannot be consider as 100% accurate. Today’s paid posts don’t mean that the particular hyip will be paying tomorrow. Furthermore, expert recommendations are vary from one person to another. And as hyips are volatile and unpredictable, nobody could even be qualified to be a so called ‘hyip expert’. Maybe you hear some advises from anonymous ‘hyip veteran’, but it still unreliable and most of them just want to promote their referral links.
3. Try to predict hyip cycles
If you try to predict hyip cycles in advance and what they might do, you are simply hoping or guessing and you will see your hyip predictions become as accurate as your horoscope. Play the reality of cycle change only and hope that you make the right move.
4. Using other players’ strategies and methods
Sometimes you will read somewhere that players claimed that they made profits by applying specific strategies and methods and by joining certain hyips.
If hyip cycles were predictable with accuracy, we would all know the cycle in advance and there would be no hyip world. Hyips are designed for somebody to make money while majority of other players will lose money, and of course the admin will make the most money.
Leave the above to the dreamers and the far out hyip crowd and concentrate on playing the odds. Moreover, other players’ strategies and methods may not apply or suitable for you. Every player has different risk tolerance, patience, how much money he wants to make, and how much money he can afford to lose.
5. Following monitors
This may true or false in 99% of the cases. You should investigate and do research before trusting any ‘paying’ or ‘pay’ status indication for hyip on any monitor. You should make sure that the monitor is transparent, reliable, and has no self interest, which as a result, giving you trustworthy assessment of the hyip.
Avoid monitor that display ‘paying’ or ‘pay’ status indication just because he gets payment or he gets extra pay in order to do so. Choose monitor that show relevant status indication accordingly to what members of the hyip say about it.
6. Putting money in too many hyips
While it’s advisable for every hyip player to diversify his portfolio, but it doesn’t mean that you need to join in too many hyips. If you join too many hyips in your hyip playing strategy you will lose, as your system will have more elements to break.
You have to monitor and keep an eye on each and every hyip in your system. You also can’t set and plan when will be your best time to enter and/or exit each and every hyip. As a consequence, you may lose more than hyip player who doesn’t diversify at all.
7. Using indicators incorrectly
How many times have I seen players join a particular hyip when they see lots of paid posts together with payment screenshots as a prove. It’s not a 100% accurate indicator as it may be payments received by members who requested small amount of withdrawals only, or maybe from the monitors, or even from the fake and paid posters hired by the scammers. The above is the most common example but there are many more.
8. Working too hard
In many jobs and carrers, the more hard you work, the more you earn and your chance to get promotion is also higher. However, it’s the other way around for the hyip world. You get paid for being at the right hyip at the right time.
Don’t make mistake of working too hard and thinking you will win, you won’t. The only thing you will get is more stress. Therefore, work smart and get the right hyip knowledge as well as experience.
9. Placing exits too soon
Some hyip players who over obsess with lost, have to put their exits too soon and then get taken out by the crowd’s noise. They try so hard to avoid risk, they actually create it and guarantee they will be stepped out. Most players also trail their exits too quickly and never manage to gain profit. They may only manage to get back their principal or initial money deposits.
The 9 mistakes above are made by most losing hyip players, so if you avoid them and get a sensible, simple, realistic, yet effective strategies and methods which playes the odds, you can enjoy hyip playing success and make big profits in the hyip world.
You must of course understand how your method works, not just follow the crowd because if you don’t understand your strategies and methods, you won’t have the confidence to implement it, with discipline. And if you can’t implement it with discipline, you have no strategies and methods.
Success comes from within. If you learn hyip playing the right way and stay focus on getting the right hyip knowledge and experience, you can get an edge and you can win. The fact is that everything about successful hyip playing can be learned by those who are willing to learn and put in effort.
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