HYIP monitor is the site which tracks the performance of HYIP programs and provides some statistics and tools. For HYIP administrators monitors are needed as a means of promoting their project, and for investors these are resources where you can learn about HYIPs.
HYIP monitors let you, above all, keep track the condition of new and previously launched projects, so these sites can and should be used as a tool to search for projects. You will find more details on how to search for relevant HYIPs for investing in the article “How and Where to Find HYIPs?”.
In addition, monitors can give current information about the HYIP, which will significantly simplify your analysis of the HYIP. But, again, do not rely only on this information, and check back for more information and make an independent analysis of reliability. In any case, you, as it has been previously mentioned — do not trust absolutely the information about the HYIPs provided by one monitor, but you can be much more confident, if you check the project on several monitoring sites.
There are also professional monitoring services, that show data as for several popular monitors. This option will allow you to quickly compare the status of the project on leading resource monitors.
Also looking through information about the HYIP program on the monitor, pay attention to the date of the last request about the date of its execution.
By the way, quite often a good monitoring service is a useful information resource about HYIP industry. Daily HYIP industry news published in HYIP.COM blog let you to keep abreast of the latest events and trends, while author articles give invaluable information whether you are a pro investor or just a newbie.
On the HYIP monitoring service blog, you will find a tutorial on online investing, tips from HYIP investment professionals, interviews with HYIP webmasters. Here you can learn everything about the greatest financial fraudsters and their scams, find numerous examples of online scams and advice to avoid ones.
Approach to the selection of monitors to analyze the HYIP with the same care as to the choice of the investment project. Study, analyze monitoring services, choose the best and work with it. So you will save yourself from being cheated by the “corrupted” administrator of the monitor and, therefore, from the loss of their investment.