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    May 13th 2007

    Just came across one of NN’s thread on joining a surf on some paid services recommendation.

    I’d like to ask of everyone who wants information on any particular upcoming potential programs to stop paying for any sort of services that recommends you a program to join or where to invest your money.

    There are alot of good resources out there that is willing to disclose any potential programs for free; you still just have to seek and do your own diligence before placing any of your money into any programs which you research. It’s getting harder and harder to differenciate which are the good and the bad ones around, and I don’t think the people who’re selling such information are up to it; at least none of which I’ve heard till now.

    Resources like hywd.info, hyipdiscussion, goldentalk, nobsnetwork, and many more.

    You can save up the money that you used for the signals for bread or even as part of your investment to any other HYIPs. It’s pure b*llshit that you pay for any of such advices. It’s plain foolishness for anyone to pay for HYIP program signals at all.

    ps. On the other note to people who’re selling HYIP Signals (Information on which program to join and why), it’s morally wrong to do so. Stop it.

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    24 Responses to “Paying for HYIP Signals is Wrong”  

    1. Gravatar Icon 1 Agent725

      Simply unbelievable that people pay for almost anything worthless. Although I must remember I was a newbie once too. :)

    2. Gravatar Icon 2 Jude

      Thus this blog entry to remind people! ;)

    3. Gravatar Icon 3 mbongwe

      I have to agree (and thanks for the plug :D). HYIP is not forex trading and no one can really know when some programs goes up or worn. Many bloggers just like you mentioned, offer their predictions (either successful or not so much) for free. The paid ones are not better.

    4. Gravatar Icon 4 joselito

      I remember the last time when every blogger I know recommended a program. The program was My Gold Genie. And i didn’t read any posts about it scamming when it did.

    5. Gravatar Icon 5 Jude

      jose, it happens. any blogger who blogs a program that failed has the responsibility to post on the failure as well as inform their downlines on what has happen.

      though it’s not lawfully binding, it’s just the right thing to do.

    6. Gravatar Icon 6 Simon

      Honestly, I think any HYIP recommendations, whether free or paid, are a hinderance. You cannot predict what will happen, and so just by saying “join this program” you are potentially indirectly losing people a lot of money.

      That isn’t to say people should be purely negative and say don’t join this or that - all it means it simply laying out the facts as best you can, and then leaving the reader to make up their own mind. Considering the number of bad programs out there, leaving a warning based on the facts is perfectly ok by me, as long as the reasoning is explained and it isn’t just an unsubstantiated statement.

    7. Gravatar Icon 7 John

      FULLY agreed with Jude. These programs are useless and are out not looking for good programs for you to invest in but are actually looking at getting money out from you.

      One good and prime example is ” HYIPTiming.com ” who had already disappeared and collapsed. It was run by a scumbag called ” HENRY TAYLOR “.

      He is full of BS and am most happy now that he is no longer around.

    8. Gravatar Icon 8 Chris

      Does that mean you have to pay someone to be their referral? LOL

      Totally agree, why pay for crap when you can just pick it up anywhere you go, heck even you make some yourself everyday.

    9. Gravatar Icon 9 sharonsopinion

      Unfortunately HYIPTiming is still around. It’s now a newsletter. I get it, even though every time I do, I request to be removed from the mailing list. I’m not even sure how I got on the mailing list to begin with. HYIPTiming is full of just plain wrong advice, as well as promoting scams.

      JMO,
      Sharon

    10. Gravatar Icon 10 Jan

      I am a lucky subscriber of HYIPsignals.
      Back in the glory days of Finer Things I had too much e-gold.
      Their picks are horrible. There updates usually read: “Be careful! Do not invest more! Program is having problems!” The week before:”This program is paying stable since some weeks. We recommend to make a test spend.”
      Alone the word test spend.
      At least they don´t fire out one pick after the other and are very cautios but when they do you can be sure it´s not a good one.

    11. Gravatar Icon 11 Martin Eden

      2Jude: None of the resources mentioned above would care to inform readers in time, and send the most accurate and useful information into their mailboxes.

      If someone can pay these resources, this could be HYIP only. They can receive money only from HYIP. Isn’t it confusing? Readers are those who pay services that provide readers with paid information.

      Maybe you understand some services and products wrong? A customer who buys a vase which you don’t like is not an idiot, he just prefers these vases. While making a judgment, analyze all aspects of the problem, and don’t highlight it from one side.

      Car dealers, cleaning companies are the same “tricksters”, as HYIP information dealers. People can walk, clean their houses themselves, translate something without addressing to a special agency. So condemn those who use these services, saving their time, and those who offer services, save time and specialize in something.

      With best regards :)
      2Jan: I wish you gave your contact information. We have already seen such comments in other resources, and tried to contact authors, but all of them turned out to be fake. If you subscribe to signals in a week before the program loses its attractiveness, it doesn’t mean that it didn’t bring profit to our subscribers.

      As Jude said, those who say that they know when one should invest to get a guaranteed profit and sell this info - are liars. They’d better invest themselves, then sell this advice.

      And they could earn much more. But it is unfair and unjust to demand something that the service didn’t promise you!

    12. Gravatar Icon 12 Lily

      For the type of programs that seem to be offered as “worth a test spend” are exactly the type of programs (games) that you shouldn’t waste the valuable time in which they are still “paying” on a test spend. Sure you’ll get your interest on the $5 test spend and as soon as you drop in $100 they are sure to disappear. Just to add an insult to the injury, those who “recommended” the program walked away with a referral fee of 5-15% of both of your spends, on top of charging you for the recommendation.

      They are as bad as the scammers running the programs.

    13. Gravatar Icon 13 Jan

      No, no they don´t take referrals.

    14. Gravatar Icon 14 Max Willis

      My program RTA was once included in some signal, not to my knowledge.
      In fact, that’s the first time I heard that term:

      http://www.hyipdiscussion.com/hyip-programs-investment-strategies-due-diligence/31207-rta-online-investment-rtaonlineinvestment-com.html#post282675

    15. Gravatar Icon 15 Jan

      Right Max they have / had you in.
      That was a good pick :)

    16. Gravatar Icon 16 hyiper

      Willis, why should somebody inform you about inclusion or exclusion from somebody’s recommendations??? Are you trying to advertise here? Or do you want to say that somebody recommends you by mistake?

      P.S. Personally I agree to pay, if a service provides me with information which helps me. I’m not stupid to wait till somebody tells me correctly where to invest and where not. But on the other hand I’m not professional enough not to use some useful information which is provided by some of the services which are criticized here.

    17. Gravatar Icon 17 hyiper

      Willis, why should you be informed about inclusion or exclusion from somebody’s recommendations??? Are you trying to advertise here? Or do you want to say that somebody recommends you by mistake?

      P.S. Personally I agree to pay, if a service provides me with information which helps me. I’m not stupid to wait till somebody correctly tells me where to invest and where not. But on the other hand I’m not professional enough not to use some useful information which is provided by some of the services which are criticized here.

    18. Gravatar Icon 18 andrewunknown

      I was going to post a comment here, but it got so long that I decided to just post it at my blog: the current entry at http://andrewunknown.com

    19. Gravatar Icon 19 Tulasu

      “So let me get this right. I’m … going to pay you … for the grand privilege of becoming your referral??

      Reminds me of the mlm companies that expect you to pay them for the privilege of selling their product.

      I don’t think so!

      Tulasu :)

    20. Gravatar Icon 20 tdinoz

      That my gold genie wish I never saw that thing and yes I did update when it went iffy. I still see the banner for the genie flying around in some blogs even after all this time.

      Lol at people recommending hyips yet don’t know when one is totally cooked to take a banner down. Paying someone for which hyip/as is their recommendation , No way I’d rather buy my gut an icecream

    21. Gravatar Icon 21 Max Willis

      @hyiper:

      When I said “not to my knowledge” I meant I didn’t force my program to be included nor I paid for that.
      And no, they don’t have to inform me.
      I simply wasn’t aware of those recommendations.
      Sorry you got me wrong.

    22. Gravatar Icon 22 Sue

      Such services should be distinguished one from another. Of course, those who receive referrals from HYIP admins, are immoral, and such services should be ignored. The same refers to those who say that they know exactly where to invest. It is possible in only one case - when admins pay them to get positive mark.
      But there are resources, which report relevant information with comments, and there isn’t anything negative about it.

    23. Gravatar Icon 23 Adam

      Well I need to comment on this one, because I’m a daily reader of this blog and also a regular subscriber of the mentioned service HYIPsignals.com aswell. What is sad is that people making comments here and also on some forums about a service which they didn’t even try! Also the admin of this blog should have tried their service first, before recommending for others to not to try it. Also in my opinion, how the heck can you talk about morality aspect in the hyip world?? Ok back to the service. Their service is in my pinion a must for all newbies in the hyiparena. I consider myself a pro investor (in the hyip sphere) and even I do pick some usefull info from their signals and newsletters (which are btw issued daily) and it is a great alternative source of info. Their comments and recommendations are not biased in any way (at least i didn’t notice it sofar). About the comment that paying for signals is wrong. Personaly I would not trust signals or recommendation which i would receive from some free service. The pricing for the mentioned service is acceptable - because in my opinion if you can’t afford to pay 9 bucks to test it you should not be playing with hyips at all. Going through forums and from their website I understand that they have their own professional editorial team which actualy monitoring all those hyips out there and base their recommendations on lot of aspects. Sofar they never issued any referral link to any program so they do not harvest referral commissions like a lot of you guys wrongly stated here. In my opinion they put the recommendations in some better level even if their recommendations are not all the time the best, but picking good ones from all of those crap hyips out there is an extremely hard work. They are doing an excellent job with their service and I would recommend to at least test their service first, before judging it based on comments made by users which didn’t do so aswell. As I mentioned already, for me it is a good alternative source of info. Just my 2 cents :)

    24. Gravatar Icon 24 Jude

      Hey Adam, thanks for sharing your views.

      Unfortunately the number of years in HYIP has taught me that there’s no such things that can guarantee or at least make you profit with HYI punting from signals.

      What we’re focusing on right now is long term, steady growth and not pure speculation. And there’s no way for you to guess the lifespan of a HYI. A typical clever scammer could just subscribe to the signals that you’re having right now and haywire your plans in a jiff.

      Sources of information are everywhere. You gotta admit some sources like HYIPDiscussion, HYIPRanks forum and GoldenTalk are good, but not HYIP Signals, at least not for me.

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