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In this article, I’ve decided to tell you in details how beginners should do their first steps in investments in high yield programs.
Step 1. E–mail box.
A beginner should start with registering an e-mail box. Many investors recommend opening a mail box on the basis of Gmail service. It’s not a mandatory requirement, but extremely advisable.
You should register at least two e-mail boxes: the first is for payment systems and the second one is for investment programs. The e-mail for payment systems should be used only for payment systems. It’s recommended not to give it away anywhere else.
Step 2. Passwords.
When you register in numerous services, programs and so on, you probably feel like using one and the same password for all of them. Of course, in this case you won’t have to memorize and write down lots of different passwords, but you mustn’t do like this.
Many times I’ve heard that dishonest admins try to log in to other programs, using logins and passwords of their investors. And after authorization, they try to withdraw money to their own wallets. And if you have the same password in payment systems as well, you can lose money from your wallet.
Therefore, first of all, you should create unique passwords for every service or program. The best idea is to use services for generating passwords, for example, this one.
You should put all the passwords down in a table and keep it on your PC, a flash drive or in the cloud. Of course, the safest way is to keep passwords in a common notepad instead of digital media, but it extremely inconvenient.
Step 3. Payment systems.
I recommend registering in all the popular payment systems at once. It’s often the case that “partisan” programs use only a couple of payment systems.
Therefore, it’s a good idea to register in several payment systems.
- The most popular: Perfect Money, Payeer, AdvCash.
- Less popular: OKPay, Nix Money, Payza.
- Cryptocurrencies: Bitcoin, Litecoin.
- Yandex.Money and Qiwi.
Use the strongest safety settings in all the payment systems. This is the only way to ensure the maximum safety against stealing your money. Use password confirmation for logging in, payment passwords and so on.
Step 4. Theory.
Before getting down to real investing, you should first study the theory. Over the internet, you can find a lot of information about making investments. For example, you can study my articles (for now, they are available in Russian only):
- What are HYIP programs?
- 7 rules of a starting investor.
- The truth about HYIPs. 5 advice on investment.
The key factor – is to be aware of the risks and understand how to minimize these risks. Probably, you won’t be able to avoid the risks, but it’s quite possible to minimize them.
Step 5. Selecting programs.
After having studied the theory, you can get down to practice. In this article (for now, they are available in Russian only), I have already described how to select low-interest long-term programs. But everything is different, if we talk about medium- and high-interest programs, and here success depends first of all on the admin’s professional skills.
When choosing a program, you should check whether he applies the smooth start strategy and whether or not the program has been pelted with money from the very beginning. So, the more popular is the program at the start, the shorter its life will be. That’s why the most experienced admins keep their programs as partisans for some time and then start developing them as smooth as possible, with no quantum leaps.
It’s much more difficult for a beginner or for an ordinary investor to search for promising programs than it is for an experienced affiliate manager, for example, for a popular blogger. The case is that the latter very often have insider information.
Administrators often contact the best affiliate managers, present their programs and answer the questions. Moreover, admins of successful programs leave contacts to affiliate managers and inform about their new programs, using the same e-mail or Skype.
Thus, if a blogger or other affiliate manager knows that a new program is made by a reliable admin, such a program has more creditability and he can insistently recommend it to his audience. Experience has proven that products by reliable and reputable admins almost always bring profit to investors again and again.
Therefore, when selecting programs, I would recommend listening to popular bloggers’ opinion and keeping an eye on the programs from their portfolios.
Step 6. Choosing a partner.
Choosing an upline partner in the program is an important step. First of all, you partner can help you with advice; secondly, he can solve your problem by contacting support service or the program’s administrator and thirdly, he can pay you refback or insurance.
If you register by an anonymous spammer’s referral link, you won’t get any of the above described advantages. Therefore, it’s advisable to choose an experienced investor or a public person as your upline.
Step 7. Diversification.
Everyone talks about diversification. Probably, it’s the most important step that will help you to minimize your risks. I have already published an article, providing calculations that prove the importance of applying the principle of risk diversification. You can find this article here (for now, they are available in Russian only).
To cut a long story short, you should invest your funds not in one single project, but at least in 10 programs. For example, you have allocated 1000 dollars for investing; then, you should select 10 programs and invest 100 dollars in each of them.
You shouldn’t necessarily make all 10 deposits on one and the same day on during one week. If you have found only 8 programs and 200 are on the shelf, just let them lie around. Don’t try investing in questionable programs in an effort to get your money a place.
Step 8. Forming the portfolio.
Here, let’s talk about the sum of money you should start your investment activity with. I recommend starting with small sums.
Do you remember how driving instructors teach beginners, who’ve got in the car for the first time? Do they immediately allow them to drive in the city center during the rush hour? Of course not; students do their first steps on the training ground or in the suburbs, far away from other cars. The same is applicable for investments.
During your studies, you will probably make lots of mistakes, which will result in losing money. Therefore, at first it’s advisable to make 10 dollar deposits and after you’ve learned to get sustainable profit, you can try larger investments.
Step 9. Adding funds to your wallets.
It advisable to use exchange services to add funds to payment systems, such as: Payeer, Perfect Money and AdvCash. In order to exchange funds at the best rate, use BestChange monitoring. You can also use it to withdraw money back to your card.
Step 10. Behavior after making a deposit.
It seems that you bear no additional responsibility after making a deposit. But in fact it is not true.
The longer the HYIP works the more money you will earn. And you can assert a bit of influence over its lifetime. Of course, you cannot provoke any major changes, but it’s better than nothing. I’m sure that if every investor did these simple actions, many HYIP programs could have lived much longer:
- You have made a deposit – write about in at least on one popular site. You can leave a comment on a forum or after an article on a blog, for example, on my blog.
- You have received refback – you should also write about it on your partner’s site.
- You have received payment – Tell other investors about it on one or several resources. Let as many people as possible know that the program is paying.
The more people will see that the program is paying and that investors are making deposits, the more creditability the HYIP will have. And the more people will make new investments in this HYIP. And the longer the program will exist and the more profit you will get.
Step 11. Investment strategies.
In this article (for now, they are available in Russian only) I have demonstrated the most popular strategies of investing in high yield programs. I recommend acting as follows: after making a deposit, withdraw 100% of profit until you’ve reached the breakeven point. After that, you should withdraw 50% of profit and reinvest the other 50%.
If you feel that the program is not quite trustworthy, you can keep withdrawing 100% of profit even after breaking even.
Step 12. Scam.
Sooner or later, every HYIP program will stop paying and scam. If you apply the principle of diversification, you can feel immune to scam of 1-2 programs – anyway, you will get your benefit.
Instead of writing angry posts and comments or blame the admin and his whole family, you’d better analyze the situation, draw out a lesson and start looking for a new program. Anyway, there’s nothing you can do here.
Step 13. Affiliate program.
HYIP programs give any person an opportunity to attract referrals. You can find your referral link in your personal account immediately after registration.