Start a Online Hyip business

Important for you to know is that we always very early in a HYIP program, more often before the program start online

I want to share  the steps I would follow now if I had to start an online  HYIP  business . When i start as a new HYIP investor, I made basic mistakes . In the following lines, I’ll not only enumerate the steps to start  making money online with HYIPs but I will also explain how.
You just discovered the online  HIYP world? Analyse whether or not investing in HYIPs is for you. Take time to read this blog. HYIPs are risky and are not suitable for everyone.
1. Open a Liberty Reserve account. Using other e-currencies is all right but LR  is accepted by every single HYIP of the industry, which is not the case with others.
2. You now need to find the best e-currency exchanger for the National currency you use everyday. You also want your exchanger to be able to deal with your Bank. You need to register an account with a e-currency exchanger because it’s them who connect your bank account with  your e-currency account ( LibertyReserve for most of us).
3. Wait to invest the big money, Select some HYIP's and monitor them for a few months.


Like a good business owner before you start with a business, first you make a business plan. Yes, a business plan. So you know where you will go with your HYIP business. Make a plan on paper, write it down. Visualize your plan. Make targets, where you will be in 1 month, in 3 months, in 6 months, in 1 year, in 5 years. How many hours you will spend a day, a week in your HYIP business? How much you want to earn with your business? THIS is very important!! that you know what you want to reach! Do you want to spend some money just for fun... ok! or do you want to make some money? Or do you have the intention to make it a full time business? Another important given in your business plan is to write down your goals and dreams. What you want to buy from your earnings? Yes write it down, it is so important. Is it a monthly dinner with your girl or wife? Or for a holiday, or a car?
Reward yourself every time when you reach your targets. Use a Excel sheet to calculate your profits. So you know exactly when you are in profit.
What will be your seed capital?  This depends on you. Remember, this is a risky business, use only that amount of money that you can miss. For some of you that can be $100 or maybe $1000 or maybe more. Write this all down on paper, make your business plan. Be honest in it. Later you can always make a evaluation about and update your plan.
Let me help you how you can make your HYIP business plan.
Choose 4 to 6 HYIP's where you want to invest. Invest a small amount in them... only a few bucks. And follow up this the next 2 months. Basically, to learn and to get the feeling how to work with HYIP's. In the mean time you can read all the post and information along this site and search along Google for information. Be aware that not all information that you find along the internet is correct or useful. After 2 months you will have a good basic knowledge about and you will be ready for your business. BUT always remember this "you must always search for information and never quit searching" 

Focus on short-term investments and avoid the compounding option if available. If you want to use compounding do it only within a range of 10 to 30 percent.Check out the forums and monitors daily. If there is a little sign of scam you should take out your money as fast as possible, even if you are not in profit. Better loose a part of your money than the whole money. Many HYIPs are supporting early withdrawal for a fee.