HYIP or high-yield investment program, a Ponzi Scheme that works by paying old investors with the investment money of the new ones. One gets lures to this scheme since they guarantee a high return.
What is HYIP monitoring?
A site that checks the HYIPs’ statuses is called HYIP monitor. The process of checking which HYIP is paying or is not paying is called Hyipmonitor. Owners of the monitoring sites spend their money to confirm the uprightness of this Ponzi scheme investment program owners.
How does the monitoring work?
All the HYIP monitors are very straightforward. They just choose the investment program projects and then classify them by their inclinations, age, and payouts. Groups of HYIP Monitors furthermore allow individuals to vote in favor of the projects. Although this is a very important factor, most probably a part of the votes is completely executed by the investment program owners themselves and also, at the same time a majority of the votes are given by normal individuals who are genuine in this matter and were happy because they were paid.
Monitors are used to discovering new projects. You can also use HYIP gatherings to read articles to educate yourself more about the programs.