HYIP is an acronym for High Yield Investment Program. They are essentially pyramid schemes where it is possible for the first few in to make a lot of money, but that is always at the expense of everyone else involved. Highly unethical IMO, but some people don't seem to care.
The autosurf part comes in because some programs claim that you are getting advertising for your website for your "entry fee." Everybody supposedly pays to get into the program and then supposedly looks at each other's sites, so you are advertising to each other. See my post below about how that works. Or doesn't.
Anyway, unless you are in at the very beginning - and that could mean within hours of launch - you are guaranteed to lose money. If you do make money, it is only ONLY ONLY because somebody else lost money.
Again JMO, but what kind of a sad sorry sucker thinks any part of that is OK.
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Friday, June 20, 2008
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