HYIP stands for High-Yield Investment Program. They are high paying, high risk, and not for the inexperienced. Bitcoin HYIPs are a simple way to invest bitcoin and there are lots of them. However, there are a number of pitfalls that can trap new and experienced investors. Never invest bitcoin you can't afford to lose.
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Golden rules for HYIP Investing
Get all the information and make sure you understand it. They are not known for their support or giving back
your money if you make a bad decision.
Set a goal on getting out so you are clear when the pressure is on.
Invest early – the earlier the better so you can get your returns and move on.
Keep deposits moderate. It will vary for each HYIP but no more than $50 is a good rule for beginners.
Withdraw earnings when you can. Make sure you check the minimum withdrawal.