It has been said that to fail to plan is to plan to fail. To be successful at hyip playing, you need to have a well thought out plan that sets into place your basic value system, your objectives, and a variety of hyip types and strategies.
Every hyip player is living, working, and playing in different circumstances, with mind boggling possibilities for variation. For instance, one person may have a full time job but play part time for side income, another may run a small business with hyip game on the side, yet another may have an intention to play full time as a business or regular full time income.
However, very few of us get to start full time hyip playing right away because we do not have the capital. So, what to do? You need to develop your own long term hyip playing plan. One that will allow you makes changes in your circumstances and lifestyle. Every plan must be different, and your plan needs to be flexible. Here are some principles that you can use to develop your own plan:
1. Do not quit your day job until you have built up sufficient capital to weather the inevitable draw downs that every player has to go through. Do not live in the stupidly false hope that it will not happen to you because it will. Take this as a given and plan for it.
2. Start with a relatively low risk, but steady hyip strategy. Save the windmills so that when you have the time to really focus on your hyips. Once you have built up your capital with a relatively safe strategy, start branching out into more fun stuff.
3. Diversify your hyips at several levels. Play in different types of hyip plans and other types of online money making opportunities such as matrix, MLM, doubler, PTC, and many others. Use different hyip plans and strategies, in ways that match your lifestyle, time allocation and risk tolerance. Therefore, allocate your portfolio to different types of hyips and different strategies of playing.
4. Add an extra leg to your income generating efforts. If you have a full time job, then you may start a small business on the side, one that can run itself once you have set it up. Unless you really need this money, use the income from this business as seed money for your hyip portfolio.
Do not get obsessed with hyip playing. Play for a purpose, not just to get rich. Use the money to get a life, preferably with your family. The classics are too full of stories and histories of people who end up hugely rich, but divorced, abandoned by their children, rejected by their friends, and so on. Hyip playing can swallow a person up, and unless you keep a large perspective, you can drown.
5. Get out of debt. Why pay interest to someone else when you could be playing that money. We are talking about all kinds of debt such as credit card, mortgage, car, everything. Add up all the interest that you have paid this year then work out how rich you would be if you had taken that money instead of making someone else fat and play it in hyip plans that are going to give you good returns.
Not understanding the hyip world basics impacts almost all unsuccessful hyip players negatively.
Too many mediocre and unsuccessful players, lack of control over research may sound like a strange point to pick as one which can lead to poor hyip playing results. But every exceptional and successful player would say methodical research is a corner stone of their success.
Let’s look at the two opposing position. Many players who do well, play on news, tips, reviews, reports, updates as well as ideas that they found over the internet from reliable and trustworthy sources after doing extensive research. A key characteristic of their paying is that it is proactive.
The exceptional player does not take such efforts, he is reactive. Most average players are reactive. Proactive players will allow the news and other events to give them ideas on how to play for them. This is a part of their pro activities. In addition to that, great players are also purposely and methodically digging around the hyip world looking for opportunities. This regular seeking which is one of a key set of hyip world basics that they have totally mastered, is a key difference that separates mediocre from stellar players.
The great players research regularly, wide and eventually deep. His missed opportunities are few and far between and the quality of his average games far surpasses the average games of reactive players. This is simply because he has a greater ‘catch’ area in which to find hyips, and therefore probability works on his side because a methodical and repeated process throws up many dollar opportunities regularly.
So, to try to ensure repeated or higher success in the hyip world, try and do your research methodically. If you are not researching methodically and are a reactive player, you are without question leaving money on the table over a long enough time frame.
I have been investing in HYIP for many years now. Diversification is the key. If you cannot tolerate risk, do not invest in HYIP.