-- Begin B GPT Insanity: Win2Cash - My First Foray into HYIPs

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Wednesday, December 28, 2005

Win2Cash - My First Foray into HYIPs




Site info:
Started Dec 20, 2005
Running days 7
Total accounts 371
Active accounts 255
Total deposited $ 14,262.50
Today deposited $ 0.00
Total withdraw $ 4,503.06
Visitors online 22
Members online 12
Last update Dec 28, 2005


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Win2Cash.com

Firstly, I'm going to classify this as a really risky HYIP , because of the very short timespan for deposits.

There are two main categories: paid daily, or paid after 4 days. The 4 day deposit pays up to 175%, but only for large deposits. It is 140% for deposits less than $500. The paid daily option allows you to withdraw the money daily, and so it has a lower % return.

Minimum spend is $1.


I did a test spend of $2 over Christmas - there was a special 1 day deposit with 130% return, and received $2.60 in my a/c. Then, I did a test withdrawal for $1.60, and it was in my e-Gold instantly.

Click for Proof of payment

I have since re-invested.


Now, considering investments below $500, you can make back your initial investment in approx 4 days, after which, you're basically investing using your profits.

In my opinion, you should treat this one as a gamble. You may or may not get back your initial investment. The later you join, the riskier it becomes.

If you want to risk it, sign up under me. Thanks.


January 3rd Update: For the time being, there is a $5 daily withdrawal limit. This is normally NOT a good sign. I will be posting an update soon. Keep watching this blog.

January 6th Update: No payouts since 4th January 2006. It was fun while it lasted.
26th Dec to 4th January = member for 10 Days. Site paying for 16 days.
Payout ratio: 180%, i.e. invest 10, get back 18.
Daily average earnings = 18%

Update:
Please refer to my HYIP articles:
Are HYIPs worth the Risk?
HYIP Strategy for the Cautious

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