I previously tried to write an article about this topic, but somehow I was not able to find the right words for it. Another day some fighting in DavidNews.com chat box just helped me to find the right words and I was able to finish an article where I will explain to you why it is bad to blindly follow someone.
In short - too many of us tries to copy someone else. There is so many possibilities whom you could follow in our HYIP world - monitors, paid promoters, bloggers and some other people. This time I will just talk about three of them and try to explain the consequences of following.
Regular and RCB Monitors basically adds all the HYIP projects what are willing to pay "monitoring fee" and than keeps the PAYING status while they receives payments from projects. Basically if you will follow regular and RCB HYIP monitors what accepts everything and if you will invest in every project what they will add most likely you will just loose everything in very short period of time. When I started to play HYIPs myself I followed one particular monitor (this monitor is still relatively "
popular" even today), I invested small amounts in almost all the projects what this monitor added; guess what - I lost in almost every program. It was painful lesson, but it was good that I played with small amounts and it was very good lesson where I just understood that I need to keep myself away from such monitors because if I will continue to follow it outcome will be the same.
HYIP paid promoters?
Paid promoters are people who usually are hired by HYIP administrators and they "work" in Facebook. Basically on Facebook they try to attract new investors to some particular project with various of techniques, but mostly by posting referral links. I'm sure Facebook is very good place where to advertise because there you can reach to people out of usual HYIP investor circle and people who does not know what HYIP actually is are willing to risk more than regular HYIP players. Since usually all of paid promoters are hired by HYIP administrations there is just two options - either they promote good or either bad project, that is pretty everything about them. Personally I have no experience with paid promoters since I'm not really active in Facebook myself, but I have seen very much angry messages about paid promoters who have heavily promoted some program and than program just scams.
Almost all HYIP bloggers works the very same way as regular HYIP monitors and accepts every project what is willing to pay. How you could follow such "bloggers" if they absolutely have no standards and they just accept all the projects what are willing to pay some money. Basically it is the same case as I gave that example before when I followed one particular monitor. Apart from that here on DavidNews.com I'm trying to show to everyone that HYIP is not all about the money and I personally refuse many projects what feels suspicious; countless other times I just ask my readers what they think about some project. Yes, not all the time I'm right about all the projects, but we are all just humans, we all make mistakes and we all learn from them. Also one more thing - less monitored projects is always better because than it is possible to take better care of everything.
With all of this I just want to say that blind following someone is bad - if you will blindly follow one or another resource you will just increase possibility of loosing. Instead of blind following I suggest two things what you should do each time before you plan to make investment.
- Check how professional project is, if project is using cheap template and it feels "unfinished" maybe it is worth to pass it in the first place,
- Ask other DavidNews.com readers in chat-box and in DavidNews.com Forum what they think about one or another project because you will be amazed how much actually DavidNews.com readers are willing to help each other by sharing their own opinions about projects.
In the end I just want to encourage to stop blind following and just think on your own, because in case if you will loose than you will not blame some monitor, promoter or blogger because clearly none of them asked you to invest money in some particular HYIP. Maybe there is someone who asks you to invest, but than please ignore such persons in the first place. I understand that you might be lazy and following is more easy for you, but here we are talking about your money - never trust it to others, think for yourself.
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