Cryptocurrency HYIP projects of 2024

The latter like investors who actively attract other investors. Those who intend to receive passive income, try to avoid. The administrators of the HYIP anticipate possible tactics of participants and sometimes intentionally create proposals that allow you to collect money in just a few days. This time is enough for the project to pay off. Then the company stops working.

You need to be cautious and watch out for signs of a quick scam:

• Attractive investment conditions – more than 1% per day.
• A lot of positive reviews in blogs and forums even before the start of the project. If the company is just entering the market and investors start making deposits, participants will not be able to get their first profit so quickly. Early investors will need at least 1-3 months to start accruing income.
• Referral program marketing with very high rates from the very beginning. Such payments for attracting new depositors will not allow the project to exist for a long time.

You should be cautious about HYIPs that offer too favorable conditions compared to competitors.

There is no need to rush to make a deposit in the HYIP. The safest tactic is to wait for the development of the situation, as well as to look at the deposits that others make.

Varieties of HYIP projects

There are many classifications of high yield ventures. Depositors of HYIP projects may be offered such conditions:

• Without the possibility of early withdrawal of the deposit. When the amount (body) of the deposit can be withdrawn only after the end of the investment program. For example, an investor invested money for 3 months at 30%. Every week he receives 7.5%. After 90 days, the investor will be able to return the body. But there are many chances that the HYIP will close before the end of the term. These types of deposits are considered the most dangerous for investors.
• With the possibility of early withdrawal of the deposit. When the body of the deposit is withdrawn at any time. As long as the investor keeps his deposit in the HYIP project, he earns interest. As soon as the deposit body is withdrawn, the participant stops earning income. Often in such HYIPs there is a possibility of reinvestment, which allows you to increase profits at the expense of compound interest. Therefore, many depositors leave the earned money on the balance to get to the plus faster.
• Indefinite. When the corpus is not withdrawn. The investor receives only interest on his deposit. The deposit cannot be withdrawn. For example, a deposit of $10,000 at 20% per month. Each week the investor receives 5% of the deposit amount and can withdraw the money immediately. After 5 months, he goes to breakeven, and further receives profit.

HYIPs are also divided by life term and profitability.

Low-yielding

Give out small percentages. Accruals are made less frequently, about once a week. To this type usually include projects that guarantee a profit of up to 1% per day (up to 30% per month). Such HYIPs can live on average 1.5-2 years. There are pyramids that give 15-30% per year. Administrators who manage low-yielding HYIPs can engage in real business, investing in securities or Forex. But usually the income does not cover payments to investors, so the companies work at the expense of new investors and become bankrupt after 5 or more years.

Middle-income

Usually so called HYIP-projects that bring from 1 to 3% per day. On average, such companies can live for 5-8 months.

High-yield

They are also called fasts (from the English word fast – “fast”). Such projects give investors the opportunity to get super-high profits from 3% per day, up to 100% in a few hours. Investing in such enterprises is more like gambling. The chances of getting profit from such a project are very low. In some cases, the organizers do not pay out the money at all, appropriating all investments.

How to earn on a cryptocurrency HYIP

Any experienced investor over time develops his own strategies of activity with high-yield projects. First of all, it is important to break even. When the deposit amount is returned, it remains to make a profit. Before contributing to cryptocurrency HYIP projects, it is necessary to calculate how long it will take to break even. The outlook depends on:

• The quality of the project’s execution: how well the PR campaigns are conducted, whether the enterprise has an attractive legend, whether the actors acting as administrators convincingly play their roles.
• The cost of creation. The project with high costs will pay off longer, therefore, the period of existence increases.
• Terms of investment. Take into account the possibility of early withdrawal of money, interest rate.
• Advertising. The higher the quality of information materials, the greater the chances that the startup will be successful.
• The marketing component of the project (referral program) and promotion. You need to evaluate how interesting the offer is for the majority of users.

Main investment strategies:

• Hit & Run.
• Reinvest profits.
• Multi-account strategy.

The meaning of Hit & Run strategy is that at the start an investor brings money to the project on the shortest and safest investment plan. Next, he goes through one round of package operation. Then withdraws the deposit and profit from the project and no longer participates in the HYIP. This strategy is suitable for projects with average profitability.

The strategy of reinvesting profits is suitable for low-yield projects. The point is that the user first withdraws the body of the deposit. After that, he deposits money from the profit to the company in order to continue receiving interest. The deposit body is returned and the investor risks only the profit. Usually the profit is deposited before the expected end of the project’s life or before a clear decline in activity.

The strategy of creating multi-accounts is usually used for increased payments on the affiliate program (refbeka). It is a cascading investment. By creating a second account, it is possible to receive high refback for registering new members.

How to identify scammers

You should review HYIP monitoring (ratings of high-yield crypto-projects). On such resources, you can find warnings about fraud. But it is important to remember that some administrators of HYIPs bribe monitors to broadcast information about the solvency of the pyramid. Others make selective payments and give money to services that confirm their status.

Searching forums will help to identify fraudsters. It is important to notice fake reviews made for a fee. You can search in Google by adding the word “fraud” after the name of the considered HYIP-project.

It is necessary to check the domain with the Whois service. This will give information about how much the HYIP is online, who the owner is, whether the site is protected from DDoS attacks, whether it is placed on a dedicated server. You can also check the attendance of the resource to determine the periods of growth or decline in the popularity of the HYIP.

Examine the pages of the site and functionality. Original, professionally designed resource with protection from DDoS attacks – a sign of a quality HYIP, while fraudsters use cheap unsafe scripts. Sites on free hosting – a sign of a quick scam.

Do not be impressed by the “certificates” and “licenses” that cryptocurrency HYIP projects present. Usually these are fake or meaningless documents.

A HYIP should have a public administration to ensure the trust of depositors. But in practice, none of the owners show their face. The role of public executives is played by specially hired actors. Their photos are placed on the main page of the site. The fake persons hold conferences, record videos, communicate with the leaders and sometimes even run social networks. If there are no public personalities in the company, it is a sign that the HYIP is not viable and is not worth investing in.

Technical support greatly increases trust. When the support promptly responds to requests and solves users’ difficulties, the latter are more willing to invest money. If the support (especially in the early stages of the HYIP) responds more than 24 hours – it reduces trust in the company.

The most famous fraudulent projects

Bitcoin HYIPs and other cryptocurrency pyramids are the best ways to swindle money from people. The biggest pyramids in the history of digital assets:

The longest-running HYIP in the crypto industry. Founded by Bulgarian scammer Ruja Ignatova. OneCoin managed to raise $5.8 billion in investments between 2014 and 2019. The company simply sold training courses and a token that essentially had no value.

The largest example of an initial coin offering (ICO) scam. Bitconnect guaranteed investors a return of 1% per day. However, it turned out to be a financial pyramid scheme that ran from 2016 to 2018. $3.45 billion was stolen.

Indian cloud mining app. The administration promised investors to generate 10% monthly profit for 18 months. However, the company did not have any equipment for cryptocurrency mining. The damage amounted to $300 million.

Cryptocurrency HYIP project related to token mining. Victims were offered a new way to make money that few people knew about. Plus Token losses totaled $3 billion in cryptocurrency (bitcoins, Ethereum and EOS).

Summary

There are no safe methods of making money from HYIPs. If a user wants to earn income from cryptocurrencies, it is worth considering less risky ways: staking, liquidity pools, long term investments.

The main rules of investing in bitcoin HYIPs and other high-yield companies:

• Don’t invest all of your capital.
• You can’t invest borrowed funds or money that is intended for other purposes. It should be free funds that hypothetically can be lost.
• Don’t put all of your money into one project. No matter what they say about the company, investing in a single HYIP is too risky.
• Constantly withdraw profits. Any HYIP-project at the end becomes a scam. The participant must have time to withdraw all the profit and earn before the pyramid collapses.
• Follow the situation, study new projects. Investments in financial pyramids do not like the lazy. If a depositor wants to receive money from highly profitable projects on a stable basis, he needs to be aware of all events.

Frequently asked questions