Sunday, 19 October 2008

Paid-Profit, another HYIP site

Paid-Profit is a HYIP or High Yield Investment Program. I do not have a lot of experience with these programs and I have just started investing into them. This is one of the first programs I invested into and I have to say I am happy that I got paid from them.

Paid Profit only accepts Liberty Reserve e-currency as their method of depositing and withdrawing fund. They have different plans which offer you 5-7% Daily For 30 Days, 200-300% After 30 Days, a Monitoring Daily Plan. I liked that they accepted low $1Usd deposits and they offer a sign-up bonus of $100 dollars which is added to your account after you make your first deposit. They were very prompt in adding my bonus and even emailed me to let me know it was done. I invested $1 dollar into the 5-7% Daily For 30 Days plan but I see they have raised the minimum deposit to $10 dollars since then

My start investment was $1.00.
So I do nothing for 30 days, just leave it there to build interest.

How much would I earn by the you ask...well only $1.50 which is only $0.50 cents profit.
But I have yet to see how or when I will get to withdraw the bonus they gave me.

Now for the question that is on everyone's minds...are they really going to pay?!

Well I requested a payment of $0.66 cents from them on October 13th and
I got my payment into my LibertyReserve account on October 14th along with a mail from the informing me that my payment was sent. I am happy to see that they were so prompt. I am going to let the rest of my investment build interest till the end of the month and see what is happening with the bonus as well.

Now if you interested in HYIP sites

Never invest more than you can afford to lose.


So simply put...if you cannot afford to "play with" even $1 dollar. Then these sorta programs aren't for you. When investing, even if you get paid one time, a couple times, etc. Do not get greedy cause there may come a time where they might cease paying and you may lose everything you invested and earned (profits re-invested)

If you can afford to play with that $1 dollar. Do not go looking for programs that promise you double or even triple earnings in one day, one hour! You are just looking for trouble for like that.
Go for the sites that promise small amounts of interest. So the earnings might be slow and you may not have much to gamble with (well it technically is like gambling) but if you do run into a good program. Keep the investments small and do NOT get greedy.

Here is a proof of payment from Paid-Profit.

I will keep you all updated on how this goes for me.

Roxanne

No comments: