Greetings, today I have a review for a new HYIP to add to our passive income portfolio called xGolding, offering 2% Daily for 150 business days + spend returned at maturity. I joined this one a couple of days ago and it looks to have gotten off to a great start.
xGolding.com Launch: Dec 25, 2012. The latest offering from an experienced admin team, xGolding accepts the Big 4 payment processors, reasonable referral commissions, Gotenks script. The dedicated server and ddos protection by Staminus, ssl by Thawte.
One of the quirks with Gotenks’ scripts are investments need to be completed in two separate maneuvers. First you need to deposit funds using one of the processors, and then you need to make another separate transaction to actually invest the funds just deposited. Why you need to do two separate transactions to make a spend in a HYIP offering one plan is beyond me, possibly the template was mostly used in the past for hyips with multiple plans or something. Anyway, don’t forget to actually invest your money, and not just have it sitting in your balance earning nothing. I did that very thing in the last HYIP I was in using a Gotenks script… Duh.
- Pays 2% Daily for 150 business days + spend returned upon expiry (450% Total, 300% pure profit).
- There is compounding available, but I don’t know that once you set it, if it can be changed later. I set mine to 0. I plan to do any account adjustments manually
- Liberty Reserve
Min Deposit: $10
Min Withdrawal: $1 (Withdrawals will be paid on bus. days, although you can request them on the weekends. They will not be paid until Monday.
2 Level Ref Coms:
Level 1 – 3%
Level 2 – 2%
While this program has a pretty modest pay-plan, and it looks as though the admin has also kept referral commissions to a minimum, there is still a good amount of risk involved with any HYIP. That being said, there’s still a few things we can do to minimize our risk.
The pay plan has our spend being returned upon expiry, but I wouldn’t bank on that. No biggie though, there still should be some nice passive profits to be earned should she run anywhere close to 150 days. If our bottle catches lightning and we get any of our spends returned, I would consider it a bonus.
The safest way to go is to withdraw until you at least break even before deciding on a reinvestment strategy, should we decide on one at all. Since we earn 5 days a week, we can expect to see a 10% return on our money weekly. That puts our break-even point at 10 weeks. Once I break even, I will usually start to withdraw a percentage and re-invest the rest, perhaps around 33%/66% or so. For this program, since the ROI is a bit longer I may go 50/50.
I like to always join any passive income opportunity as soon as possible with however much I am willing to risk right from the start. Some people like to “test” a program at first with a smaller spend and then increase accordingly once the program has met their criteria, but I don’t for the most part. I usually decide from the start and go “all-in” right then. I figure that since all of these programs have a finite lifespan, I may as well get as many full payouts as possible right from the beginning.
If you wish to take on a bit more risk early in the program, but be potentially rewarded much greater, you might consider the Gambler Strategy. I plan to compound earnings from the first 15 business days (3 weeks) before starting to withdraw. This will take you 3 extra days to reach breakeven point (53 business days), but you will then be earning on 135% of your initial spend rather than 100%. Again, this strategy will add extra risk should disaster strike early on in the programs lifespan, but earning on over a full third more of my initial investment makes the reward worth any added risk.
I wouldn’t use this strategy in short-term HYIPs, as most short-term admins frown upon those that do… I would guess almost as much as hit and runners. And that’s not to mention the extra risk with the Gambler . But I think it’s perfectly acceptable in long-term HYIPs. I also try to be a team player by always re-investing a portion of my profits and play the HYIP to the end.
RicanAdFunds Program Details: The latest admin update from Facebook reminding everyone to check your processors to make sure they are correct as well as the reminder that payments are set to resume on Jan 2.
31st December Update
- Following the recent hacking of our server please check your profile and processor ID information. Any incorrect details should be reported to us.
– Richard is back today and is busy approving purchases. We apologize for the delay caused by the server downtime on top of the expected Christmas holiday delay.
– Withdrawals will be available on 2nd January.
– We would like to thank members for their overwhelming support during this difficult time.
That’s about all for today, I would like to wish everyone a Happy New Year!
A review for a new HYIP to add to our passive income portfolio called xGolding, offering 2% Daily for 150 business days + spend returned at maturity.