Friday, January 4, 2008

A New Year: A New Change in Hyips

Over the past year we have seen some of the worst times for hyips since I first got into them over five years ago. Between some of the major scams like Feeder Fund and Please Invest we basically had nothing to enjoy. I have to say that 2007 was the year of 220802898087 Hyips. Everyone and their dog was making a hyip this year, using the infamous Gold Coders hyip script. That is one thing that I hate about the hyip arena. Things really have gone sour in a way. When the arena is full of hundreds of new scams that crop up every day, it is pretty much impossible for anyone to make any money or have any confidence in any hyip for that matter.

In recent months I have started looking at some alternative hyip "hangouts" rather than the typical MMG and TG that seem to have become infested with scammers from third world countries. One of the places that I have to recommend is Private Hyips. (www.privatehyips.com).

Private Hyips used to be a website owned by Brian and the Talkgold crew, however it was sold about a year ago to the Global Forum Network, who revived it. The GFN crew is basically everyone from Web Life. From my experience, Private Hyips is a great website to find some smaller private hyips that can be taken a little more seriously. The admins are actually real people from the western world rather than your typical Romanian or Russian scammer.

Anyway, with that being said I really hope that the New Year brings some changes to the hyip arena. Basically the number of scams that are being produced each day needs to be brought back down into reason. One way for this to happen would be for Brian to start regulating things on his forum... yet we all know that he is a little too greedy for that and unable to see the big picture in the long run.

So is there any hope? You tell me...

I hope so, as hyips are becoming less profitable each and every day.

Good luck in the New Year with your investments.

- Mr Money Man

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