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Test Spend
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#1 |
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Junior Investor
Join Date: Jan 2008
Posts: 149
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Lets start a disscussion about a test spend in a HYIP. Test spend is a small deposit made in a hyip for finding out it's payment ability. It's useful method, especially when someone wants to invest a big amount of money in a program. Investing a small sum can show if the program is real, how it pays and if everything works fine. Of course, there are forum disscussions about paying status of the program, but sometimes it could be very helpful to examine it by yourself, don't you think?
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#2 |
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Geriatric Moderator
Join Date: Aug 2004
Location: Darwen, Lancashire, England
Posts: 8,596
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No matter how much, the first spend into an HYIP, be it $10 or $10,000, is always a test spend.
But does it prove anything? Only what has been and not what will be. The best that you can hope for is what MIGHT BE. Just because a programme has been paying for weeks, months or even years it doesn’t automatically follow that it will pay out tomorrow or the next day. Many long standing programmes have just disappeared taking the punters’ money with them. You even get promises of refunds but it rarely happens. There is no getting round the simple fact that once you have made a “spend” you are at the mercy of the programme admin to pay up as the terms state. And your stake, whether it is $10 or $10,000, will be at risk until you can withdraw an equivalent amount. How long that will take will depend on the daily interest rate. At 2% per day it will take 50 days. At 1% per day it will take 100 days be they business days or calendar days. Other people’s experience with an HYIP is just as good as making a small ‘test spend’ yourself, providing that you can trust the truthfulness of their statements. Over time you will learn which forum members’ posts can be trusted to be truthful and which cannot. But only you can decide for yourself who they are and that takes experience. Sadly experience cannot be taught. You have to gain that for yourself. There are no guarantees in the “Making money on the Internet” world, except possibly that sooner or later the programme will fold. |
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#3 |
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Investor
Join Date: Nov 2008
Location: Indonesia
Posts: 230
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I dont recognize a "test spend" term, all my spends are real spend and not a test spend although it's only 1 buck.
So if your test spend was succesful and got paid, would you invest more after that ? I think it depends on the programs reliability. |
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