November 3rd, 2010
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Unite Trade is an HYIP that has been in the industry for about 6 months. After reading about them on message board, checking out their structure, and doing about 3 incremented test deposits, I have to say that this is currently one of my top listed HYIP’s. Why? Three reasons:
- Consistency
- Rate structure
- Communication
Consistency
One of the HYIP monitors that I have found to be most reliable has been monitoring Unite Trade for 206 out of the 207 days it has been online and open to the public. The user rating on that same monitor fleshes out with what can be seen on message board and other reliable, non paid sites: Unite Trade pays consistently. What is probably the best thing about Unite Trade is that, with it’s success, they have stayed with the structure that has worked well for their members.
Rate Structure
Unite Trade has a feasible rate structure. Their Starter Plan offers a 20% gain after seven days and can be started with a $5 minimum. The Professional Plan offers a gain of 50% after 15 days and can be started with an $100 minimum. For both plans, the principle is returned to the member, which is definitely a good thing.
I have completed plans in both but have recently taken to sticking with the 7-day plan because I like to withdrawal part of my profit weekly to mix it into another program that I am using for long term gains (more on that strategy later).
Communication
The administrator of Unite Trade takes the time to communicate with their members and post pertinent news to the website and also via e-mail. Members receive news on changes as well as general updates about how Unite Trade is doing.
Overall, I would recommend Unite Trade for a newbie who is trying to get some understanding of the HYIP world and how to distinguish a good HYIP from a bad one.
Click here to sign up for Unite Trade
Note: MoneyBlogOnline is in no way offering financial advice, but merely making the public aware of options available to them. As with any type of investment, approach these carefully as they involve some sort of risk.
November 3rd, 2010
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Yes, it’s true: Unite Trade has closed. Many did not see this coming, but there were some bubbles of possible scamming–from reliable sources–hat popped up on the internet about two days before their demise.
Some have said that they are giving refunds. If you invested with AP, I would suggest you create a dispute to get your money back, if possible.
Note: MoneyBlogOnline is in no way offering financial advice, but merely making the public aware of options available to them. As with any type of investment, approach these carefully as they involve some sort of risk.
November 1st, 2010
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A newer trend in creating online income is HYIP investing. What are they? HYIP’s are programs that offer a higher return of interest than what banks or other traditional interest type programs offer. There are some good ones out there, but also some horrible ones, plus, because of the nature of HYIP’s, there is a general love-hate relationship with them for investors that have tried them. Like anything related to money–especially programs that offer interest–there are a lot of factors that go into HYIP investing.
“Investing” is probably not the best term to refer to what happens within an HYIP. Firstly, since most HYIP’s are not regulated, what they offer has a different structure than a bank or retirement program. Nonregulation, however, does not mean not regulated. A good HYIP will have some key components; some of them being an administrator (AKA admin) who is available to answer users and members questions, a return that sounds reasonable, and a solid track record with a reliable monitor.Additionally, there are many online communities which have message boards where you can read user comments to track how an HYIP is doing. Common questions answered on those boards are are they paying, how long have they been paying, do they pay consistently, have there been any server issues, and how much communication does the admin send on a monthly basis.
My personal experience with HYIP’s has been fairly good. In the beginning, I hit some major walls–that learning curve was terrible. I was glad I only invested what was a surplus and tested with a small amount across different HYIP’s (the primary rules when working with any HYIP). Now that I have learned more and gotten better that the process, I have been able to benefit from HYIP’s more than I have lost.
In the upcoming posts, MBO will dicuss my experience with specific HYIP’s to give you a better understanding of how the industry operates.
Note: MoneyBlogOnline is in no way offering financial advice, but merely making the public aware of options available to them. As with any type of investment, approach these carefully as they involve some sort of risk.
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