Bitcoin HYIPs: Should You Invest? A Complete Breakdown
Today, I want to talk about Bitcoin HYIPs. First, let’s clarify what a HYIP is. No, I’m not talking about hype or fame, but about HYIP (High Yield Investment Program) — high-yield investment projects with a HUGE amount of risk. In this case, they accept Bitcoin. Essentially, these organizations (or more often, just a website admin) pretend to be investment funds and are usually scams, but that doesn’t mean you can’t make money from them.
What’s the Difference Between a HYIP and an Investment Fund?
An investment fund is an organization that offers you the chance to invest money and receive a percentage of your investment monthly. How do they do this? That’s the main question. Usually, they engage in trading (including crypto) or invest in fast-return, high-ROI projects. But identifying a real fund is difficult and almost impossible.
A HYIP is a classic pyramid scheme. The earlier you get in, the higher your chances of getting your deposit back and making a profit. That’s it.
Every HYIP tries to pretend to be a fund. You’ll find fake trading reports, loan documents, and other nonsense on their sites. All of it is fake. Even the reviews on their sites, if any, are fake. The only thing you can somewhat trust are HYIP monitoring sites, but even there, the people are just like you — they invested money and are happy as long as the HYIP is still paying. There are also fake monitors that provide false payout info.
2. Why Invest in HYIPs If They’re Scams?
I’m not encouraging you to invest in these extremely risky projects. But I’ve done it and want to share how to try to minimize the risk.
First: Find Good HYIP Monitors
What are HYIP monitors? These are sites that invest the minimum amount in a HYIP and track daily payouts. I used, for example, Bitmakler: https://bitmakler.com/investmentfund
There are dozens of similar services, but among Russian ones, this is the best in my opinion. No ads, just my opinion. Here are some others:
Second: Develop Your Own Criteria for Choosing HYIPs
Don’t just blindly invest in everything. You might get lucky, or you might not. I had two scams within 2-3 days when I didn’t use any criteria.
My criteria for choosing HYIPs:
- Avoid HYIPs that promise to return your deposit. The risk is much higher. Sites that promise to return your deposit will only do so if you’re among the first investors, or not at all. Withdrawing money from such projects is very questionable. The point of any HYIP is to collect as much money as possible and then disappear. You can only make money in the first 1-35 days, max. Currently, 5% daily is a popular rate.
- HYIP Age. This is a big topic. For example, there was a project called zoo.cc that claimed to be the “longest-running project” with 700+ days. Supposedly, it was in the darknet for 650 days and then went public. Total nonsense. It was a fake, and only the simplest plan paid out (2.5% daily). All premium plans were scams, and the project scammed a lot of people.
That’s why you should invest in the “youngest” projects. This way, your chances of at least getting your money back are much higher. Here’s an example:
- HYIP 1 — died after 5 days. You got 5 * 7% = 35% of your deposit. You lost 65%.
- HYIP 2 — died after 15 days. You got 15 * 7% = 105%. You broke even and made a 5% profit.
- HYIP 3 — died immediately. You lost 100%.
- HYIP 4 — died after 30 days. You got 30 * 7% = 210%. You made a 110% profit.
And so on. Always be ready for a scam!
HYIP Reviews
Why read reviews? Aren’t they fake? Of course, they can be. But I read reviews on Bitmakler and found useful comparisons with other projects I knew about. For example, I avoided investing in a project that was already 15 days old. I noticed that the same admin ran both projects, and you could make money only at the very beginning. I only paid attention to reviews from people I “knew” — those I discussed projects with and shared results.
Only Instant Payouts. No Reinvestments.
Some HYIPs don’t offer instant payouts (you can’t withdraw directly to your wallet). Avoid these — they’re 100% scams. Your “money” accumulates in your account until the plan ends, but usually, the project dies before then. The same goes for reinvestments — offers to reinvest your profit for huge (5000%) returns are just scams for newbies.
Payouts should be daily, or better yet, hourly. This is much safer since you can withdraw your money every hour, every three hours, etc. One such project gave me a 118% profit.
If You’ve Made Money on a HYIP and Liked It, Do This:
The project dies. You visited its site every day and learned all the details. Now, go to all the monitors and look for new projects with similar designs: fonts, terms, plans, icons, menus, etc. There’s a 70% chance the admin is the same person.
Pyramid Scheme — The Final Criterion
Always remember: only invest what you can afford to lose. It’s all about the pyramid principle — the earlier you get in, the more likely you are to profit. As long as money is coming into the project, you get paid. First, you get your own money back, then the money from users who joined after you. That’s it.
Withdrawal Requests
Submit withdrawal requests every day, even if the project stops paying. For example, a project scammed me after paying 65% of my deposit. Many monitors removed it. I kept submitting withdrawal requests daily, and out of 12 requests, I got 7 payouts. I ended up with a 115% profit. Then the project died.
A Bit of Personal Experience
Here’s an excerpt from a report I kept for myself. This was my first experience:
As you can see, only three projects scammed me. All of these are long dead. For those who don’t know English: DEP = deposit, EARN = earned, PROFIT = profit.
Conclusion
The goal of this article was to briefly explain HYIPs and what they’re about. I’m not encouraging you to invest. In a way, it’s a “money button” — you invest and do nothing, just withdraw every day. Do it only for fun and experience, don’t put 100,000 rubles into the first project you see. As you can see, all my investments were tiny — on average, 2,000-3,000 rubles per project. I was curious and tried it. Now I invest in more useful things. But I enjoyed spending the small profits from HYIPs.
Remember, the best investment you can make is in yourself.