Don’t try too hard

March 27, 2008 - 1:37pm | Articles | Investment industry |
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The best way to make a lot of money in the hyip world is to keep simple when playing. To be a successful player you do not need to know inside and outside, everything about the hyip or anything if you if you want to be real simple. Let’s take a look at how a hyip player, let’s say his name is Joe, learned that the hard way.

Joe is an average man. He has a daily job and earn decent money, a nice house, and a great family. Joe is interested to earn some extra money via online and he tries to make a fortune by playing hyips. However, when it comes to hyip playing, he is inexperienced and knows nothing. Most of his friends are playing and big talking about how much they make easy money via online monthly which more or less has influenced Joe to get in too. But Joe does not want to play until he knows everything about the hyip world which we all know is complicated and unpredictable.

Finally, he decides to learn on how to play. He spends most of his time reading all the related information about the hyip world regardless whether the source of information is reliable and trustworthy or not. He hears about all these ways in which people make money by playing in hyip. Now he is excited and he figures that if one strategy works for one player and another strategy work for another player, he can make a lot of money by combining them altogether.

So Joe makes a list of ten signs when to get into a hyip and another 10 signs when to get out of hyip. Then he waits. Many weeks go by and he doesn’t play, he just leaving his money in the hyip accounts. None of the hyips has hit all ten of his signs yet. Finally, after 6 months, there is one hyip that hits all of his signs.

Joe immediately tries to make withdrawal request. However, it goes pending. He also hears more and more members of that hyip are facing the same pending withdrawal problem situation like him every day. Joe is getting nervous and can’t figure out what he did wrong. It was a popular and hot hyip that time. It was in a hot hyip pick based on hyip reviews given by a so called ‘experts’. Lots of hyip talk he used to read said to join it. And now this hyip has stopped paying. But some of his get out of the hyip signs still don’t tell him to do so.

So, he holds onto it. The hyip is getting worse to worst. Finally, the hyip goes offline and never comes back. Now Joe is upset. He has been playing for 6 months now and all he has to show for it is a loss. He believes that if he just had ten more signs he would be able to make profit of the hyip.

What Joe should have done was find one or two signs that he liked and develop a strategy around those. His strategy was so complex, even he couldn’t explain it. He violated one of the most important rules when playing hyip, keep it simple.

Remember your strategy should be simple. The less complex your strategy is, the better it will be. There is also a list of things you should consider when you are planning a playing strategy to see if it is simple enough to work.

- Does it have a set join and exit time? There will be no questions about when to deposit or withdraw. If you find yourself wondering what, when and how to get out, you are probably should not get in at all.

- Can you explain it to a child? If you can’t tell a little kid how you make playing decision and have him understand it maybe you should not play with it.

- Can you trust yourself to follow it? If you cannot trust yourself to follow the strategy then maybe you should not be playing.

- Does it work? This is the last thing you must consider when planning a playing strategy. You can figure this out by researching, observing and back testing your strategy.

If you are involved in the hyip world, maybe you know that 95% player loss their money on the first 3 months. That means only 5% players who succeed. Nobody could ever be a so called an ‘expert’ in the hyip world because hyip is unpredictable and inconsistent. Most players are just average-skill players and must learn more about hyip industry day by day. But for your information, even an average player can get result hundred times better than experienced player. Why is that so? Because hyip is not a theory, and hyip is not a science. Hyip is simply a combination of discipline and emotion control.

Some players have experienced of getting well enough result in their first playing with real money. They have good playing strategies and have discipline on running it. Their money grew day by day. But you know what happened next? They once loss several times, then they start to let their emotion take over their playing. And guess what? They lose all of their money just within a few days.

Based on that, there is something you should consider which probably could help you in first day of playing. Of course you often hear about diversification, breakeven, play with the amount of money you could afford to lose, and various other hyip theories. But there is one important thing that will balance all theories that you already have which is emotional control.

You possibly have your own playing strategy, but have you make the rule concerning on your emotional control? For example, you will never deposit any money into any hyip when you are having a bad mood or when you feel tired, you will turn off your computer when you feel angry because you lost, or you will not play when you feel sleepy.

There are many things that concerning emotion which often make you lose on your playing. You can think of your other bad habit that you often do, whenever you are in a bad mood to do a playing, and you can start to make the rule to emilinate all your bad habit one by one. Hope you will try to manage your emotion. However, even tough you are very smart, without emotional control, you would fail sooner or later. So, if you want to be among the 5%, you must defeat your emotion with emotional control.




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