Tuesday, March 1, 2011

HYIPs advertised in social media – the right choice?

Hi!
Advertising high yield investment program in social media website like Youtube, Facebook, Twitter, etc. is becoming wide spread phenomenon now. HYIPs publish press-releases, interviews, video announcements about their company to make illusion that program is governed by a real person, who takes responsibility for the received funds. Seeing it, doubting investors make the decision to join the program and invest their funds.
Why? The reason of that is similar to the reason why people don’t invest in “5000% after 5 minutes” programs. Although knowing that all HYIPs use Ponzi scheme, investor is still looking for a program that looks reliable and respectable. Seeing that admin has profiles on each social media website, they think that will be able to contact him in case there are any problems. Seeing the real person, people have a false feeling that their money is in safety.
It’s a fallacy. Creating accounts is free and takes 5-10 minutes for each, the persons you see in the video is probably someone who needed money and agreed to read a text in front of camera. Of course movie creator tries to create illusion that the person is real businessman. For this purpose “program owner” usually puts on sunglasses, business suit and tie to make watcher believe he is a serious businessman. So in case you have lost your money I hardly believe you will find a person who has owned them.
So, is presence of social media accounts of HYIP admin the advantage? Yes, no doubt. It means that admin has created a good background to advertise his program. Usually programs that have high social media popularity live longer, so there is a chance that your HYIP investment in such kind of a program will be successful.
But does it guarantee you anything? No. It’s just a tool to attract potential customers. Please keep it in mind before you make a HYIP investment and don’t forget to visit HYIP monitoring websites!

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