The main reason why HYIP site close

[Kunkun]

They usually quit in the end and sometimes it happens too soon, since the foundation of those businesses isn't strong so there would be issues down the line

 

[Senator]

This simple and ordinary reason why HYIP sites close down cannot be far fetched. They have gone out of cash to continue their pretence and so it's time to take away their large inflow

 

[Richard92]

It's not surprising than that new HYIP's are made so fast, if it's this cheap to set up a new one.

Since the establishers can make huge profits of hundreds to thousands of dollars with people's money, $2000 will not be a problem to start with.

The site closed off because many people thought the site was a scam because the way they were treated was like Ponzi scheme and this made people to doubt the site

 

[eLdavis]

It does not cost a lot of money to start a HYIP. You need a domain, a hosting account and script for HYIP program. If you don't know designing, you also need a designer and this all can b done in less than $1000. They might need $200 more for marketing. They can easily collect that amount in a couple of weeks.

Exactly, it is simply because of the easy access they have to creating one, that is how we have so many coming up here and there. And when it comes to marketing and promoting they are very good in those areas. They would begin to show you proof of investors that have invested and cashed out. Nobody actually tends to reason how come they already have investors that have gotten this huge amount in no time.

 

[Alexandoy]

They usually quit in the end and sometimes it happens too soon, since the foundation of those businesses isn't strong so there would be issues down the line

When the business model cannot sustain the expenses that they will pay the investors then it will go bankrupt sooner or later. The investment of the site should be earning more than the earnings that they promised the investors. But my take on HYIP is they are all scams.

 

[Lens]

High yield business is a very risky business one should take note of. I don't like indulging in a ponzi scheme that will end up not paying. It's a waste of the time

 

[Senator]

HYIPs platforms get to close because they have reached their desired jackpot for their scamming scheme and it's time to bag their wealth and go enjoy themselves

 

[Josemendez]

HYIPs platforms get to close because they have reached their desired jackpot for their scamming scheme and it's time to bag their wealth and go enjoy themselves

True , but sometimes it is because there is no longer Peter depositing and thus the Paul won't be paid because they will have to reserve money for them .

 

[Abigael]

They usually quit in the end and sometimes it happens too soon, since the foundation of those businesses isn't strong so there would be issues down the line

Yeah, the foundation plays a big role in most of the hyips failing. But mind you most of them start with the reason of just scamming people. So once they have enough money to steal, they just close the site and go.

 

[Shigobad2020]

I have read many negative reviews about HYIP sites , and I can say that it is attributed to the fact that they operate through ponzi scheme.

That is , they collect from Peter to pay Paul , and once there is no Peter depositing , Paul can't be paid.

Few HYIP sites that closes is never becomes they want to scam people , some are as a result of Withdrawal request greater than deposit.

Thus , hyip sites can be long lasting if they can invest in a business that will be yielding money. For example , a hyip that will pay in a week intervals can put the money into business that Involves daily sales . At the end of the week ,they collect their own profit and pay back the users share . With this , hyip sites can be sustained.

I believe most HYIP sites are legit while some of them are mostly scam but the inkynproblem is that they operate through a ponzi scheme and they also use Peter's money to pay paul.

 

[Funky]

Hyip sites have been infected with ponzi scheme which is why the platform is now facing a lot of discrepancies, even the ponzi could do better if not for the selfish enterpreneur who run them

 

[Josemendez]

Yeah, the foundation plays a big role in most of the hyips failing. But mind you most of them start with the reason of just scamming people. So once they have enough money to steal, they just close the site and go.

No high yoerl investment plan wants to stay long and make people rich. The extra money they are paying is much , they just want to make their own money by sacrificing first , their money

 

[Shigobad2020]

HYIP is an alternate kind of betting. The facts confirm that numerous HYIP pays to investors, yet for a specific period. Be that as it may, most HYIPs are cheats and scams. Free cash doesn't mystically show up.

Like you just commented , HYIP is an ponzi like site which looks so much like betting , but what makes it different from gambling and betting is that its mostly a scam while gambling is real.

 

[Richard92]

It's not surprising than that new HYIP's are made so fast, if it's this cheap to set up a new one.

Since the establishers can make huge profits of hundreds to thousands of dollars with people's money, $2000 will not be a problem to start with.

The reason why the side closes because people saw it has come and it was using a method of counseling to collect people's money.

 

[Bousine123]

I think they basically shut down because they are unable to keep up with what they have started. They may be paying at the start, but they will default at some point.

 

[Bookwormlux]

These high yield investment programs are not getting much attention as people have widen up to realize they're not worth it .

 

[Senator]

The simple reason why an HYIP site will close is very obvious. The owners have gotten the amount of money they can get form the innocent people who are being scammed and decide to close shop for another day

 

[btaliat]

All high yield investment platforms are not meant to last longer. That's why it is better to invest in it earlier so as to be caught in the web because it will surely close down.

 

[Aaron625]

Main reason why the hyip sites close suddenly is because the hyip admin has made enough profit by the deposits made by the users and he feels if he continue the business, he may run out of the funds , that's why they close the site soon , some do run for long like the one that pays hourly profits. Only intention of hyip sites to make money for themselves by scamming people's money.

 

[tuna89]

Main reason is because they have achieved their aim of coming to scam people, when they are done achieving this aim then they disappear.