Your hyip playing style should match your personality

June 17, 2008 - 11:33am | Articles | Investment industry |
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[img_assist|nid=8223|title=|desc=|link=none|align=left|width=100|height=76] Some hyip players are entering and exiting the hyip in the timeframe of a day. This type of hyip players will make two or three games a day while few others may make a dozen or more. The hyip cycle may go up, or the hyip cycle may go down. They take advantage of quick moving hyip cycle. In this way, they focus on higher winning percentage of plays by taking quicker profits and greater risks. They are jumping in and jumping out with a great degree of regularity.

The problem here is the need of attention to the process. The player has to be actively watching the red signs or scam alerts. Attention must also be given to the costs of withdrawal fee and e-currency exchange fee. These costs can run up very quickly. The hyip player must be aware and factor this into the ‘cost of earning profit’.

There is another type of hyip players which is the enter and hold player. Such player may have a large portfolio of low rate of return and long period, high rate of return and short period, variable rate of return, fixed rate of return, and so on and looks to hold them.

If the player has used plenty of research and analysis, the gains can be quite profitable. By and large, the problem with this type of player is the almost complete lack of plan for his/her hyip games.

Why did these enter and hold players lose 90% or more of their initial capital in the hyip world? It is simply because they could not bring themselves to exit the hyip. They hold and hold and hold. It is their mind set. So few of the enter and hold players have any idea what a protective exit hyip point means. Having no plan for profit objective, not any idea of when to give up and move on, spells disaster for this type of player.

The best the enter and hold player can do is move from no strategy to a specific strategy where their objectives are clear and exactly when and how they will exit as well as to place protective exit hyip point all along the way.

The one rule that anyone who has even thought about hyip playing has heard a thousand times is that the hyip world is never wrong. This advice is generally followed by some generic sayings such as the cycle is your friend, do not fight with the hyip world, and develop your own strategy.

While all of these pieces of advice are relatively useful, it seems many new hyip players under emphasize the last point which is to develop your own strategy and fail to find a method of playing that matches their personality. Bear in mind, it is a lack of the defined strategy that is the reason that so many fail to find success in the hyip world. So here are a few basic questions to assist  beginners to filter down their options and try to find the strategy that best fits their personality.

Within hyip playing what is your period? Days? Weeks? Or months? When making this decision it is important to ask yourself how you perform best. Are you willing to continue leaving your initial capital on hyip if it begins to move against you and shows common red signs and scam alerts or would you rather participate in short burst and exit at the first indicator of red sign and scam alert? Are you up to the task of making countless instantaneous decisions and synthesizing multiple streams of news and updates at a speedy regularity? Or would you be better at highlighting particular hyips the night before and then waiting to see if they meet your entry criteria the next day, thus allowing for more emotional detachment and mechanical decision making.

How much are you willing to risk and what are you paying in related costs? Even though it is important to find the hyip playing timeframe that is right for you, the hyip related fees you pay and your level of capitalization can limit such strategies you can employ as a hyip player. For instance, if you are stuck incurring 10 dollars for exchange e-currency fee for both when buying and selling e-currency and are only risking $1,000 on any given hyips, that means you will need a 1% return per hyip just to break even. Hyip playing is pretty tough but going up against that kind of built-in disadvantage makes it more hard.

What type of hyip plans are you going to play? What type of hyip plans you decide to play has a tremendous effect on which type of analysis you will be doing as a hyip player. For instance, the player who chooses to follow a high rate of return and short timeframe type of hyip plan will be forced to keep up with the news updates and alerts as each and every hyip cycle is moving very fast. Whereas a player, who only focuses on low rate of return and long timeframe type of hyip plan, will spend more time monitoring only if he or she has reached the breakeven yet or not before proceeding to the next step of strategy of whether to compound or not compound and continue receiving daily pay-out or half compound and so on.

Regardless of what path you choose, it is of the utmost importance that your playing style match your personality because if it does not, the odds are you will not be a hyip player for long.




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