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3.35%
BNB
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0.69%
3.20%
XRP
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0.01%
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6.18%
SOL
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TRX
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   /       /       /    Multi-accounts in HYIPs are evil

Multi-accounts in HYIPs are evil

Multi-accounts in HYIPs are evil

Among investors multi-accounts are often said to be an evil. They are harmful, both for a single project and globally for the industry. Sometimes multi-accounts can harm even the creator. Let's understand the reason for the failure of multi-accounts.

At first, within almost all HYIP projects it is forbidden to create multi-accounts and this is not just some unwritten rule, this is clearly stated in all the rules. If you believe that only hacker can define a multi-account, you are mistaken, because everything depends only on the connivance of the project administrator. Remember, experienced administrators monitor the creation of multi-accounts and punish unscrupulous project participants.

Defining violators is not difficult. Usually, it is just enough to define all private referrals and actually there are not so many of them. The method is simple: multi-accounts usually represent a referral chain of two or more accounts and, moreover, investors usually act with cunning in this case: the deposit is made only by the last account, the rest, in turn, receive only referral bonuses. It would be strange to hope that the administrator will miss such a scheme, because he/she has data about all accounts and such tricks are perfectly visible. Moreover, most often users do not bother and plan all these accounts in one day, without thinking about the suspiciousness of their actions. The administrator can see this and will no longer have any doubts about frauds with multi-accounts.

When the administrator notices such actions, he/she will start punishment, be sure. So, before creating multi-accounts, think about what you risk. Probably you will not get a big profit with it, but if you are determined, you will definitely lose the entire deposit.

Now it is difficult to imagine HYIP project without insurance. This has become a normal practice, as the company is quite risky and very few people subscribe to this without being sure of any guarantee of compensation for material losses. So, if you decide to create a multi-account, insurance will be lost. Insurance is provided only for direct referrals of the blog, in other words, for referrals of the first level. Therefore, in the case of insurance a multi-account is also not your friend, but even vice versa. It is worth thinking about whether to refuse insurance, which can cover up to 100% of losses, for the sake of small percents from multi-accounts. Upon closer sight it becomes absolutely clear it does not worth powder and shot and one-time modest profit will not give you proper returns.

Sometimes some services organize quite interesting and profitable contests to maintain the number of audience and attract new ones. Of course, only those who were referrals in the project can participate in the competition. Well, multi-account holders do not have this opportunity. Again, a reason for reflection - is it worth it?

So, we found out that the creation of multi-accounts is a harm not only for individual projects, but also for whole HYIP industry. At the same time, multi-account owners harm not only the projects to which they are involved, but, especially, themselves. They deprive themselves of insurance, the opportunity to participate in profitable competitions, but most importantly, they risk their account and all the profits from the project.

However, thanks to the efforts of top admins and services, such attackers are effectively monitored and punished. So, multi-accounts are likely to sink into oblivion very soon, as their creation and keeping becomes not only unprofitable, but also the most risky.
23-12-2017
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