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Richy-invest Review

Sunday, June 28, 2009

Introduction-
The admin of Richy-invest is Richard O'Neill. If you are acitve in the HYIP arena for the past 4 years you must have surely known of Richard O'Neill, if you don't know about him well here is a small intro. Richard O'Neill is an online poker player. He earns profit for the investors by playing poker with the money of the investors. Richard O'Neill has experience in running HYIPs in the past, he has run many famous HYIPs and his previous HYIP project was "investment96". At present Richard O'Neill the admin of richy-invest has evolved as an experienced HYIP admin and also as an experienced player in online poker.

The basement of richy-invest is online poker, you all know poker is a kind of gambling which brings you variable return on investment, richy-invest is also going to do the same for your money, you will be earning variable profits per day like 2%, 20% or even 50% it all depends on the particular days win. But what happens if the admin looses money in a particular day's, will all your money be gone??, no not exactly. The admin of richy-invest wont take all the investment capital directly to the poker table. For example the total investment capital is 1000$, the admin of richy-invest will take only 10% of the total investment capital to the poker table each and everyday. If he wins you get a profit, if he looses in a particular day then you loose only 10% of your principal deposit. But it is rare to see him loosing.

Investment plans:
There is no particular investment plan in richy-invest but you can choose which hedging band you want to invest in, if you choose 5% hedging band, then only 5% of your principal deposit will be taken to the poker table each day. At present there are 3 hedging bands, 5%,10% and 20%, the higher hedging band you invest in the higher profit you earn per day.

Deposits and Withdrawals:

The minimum deposit is 1$ and maximum deposit is 50,000$, but if you are depositing via Western union or bankwire the minimum investment is 100 pounds. At richy-invest you can withdraw your principal and profit anytime you want. This is the best feature I like about this HYIP. Deposits and withdrawal requests are processed within 24 hours.

Promotional offer: The admin of richy-invest is giving away free 1$ investments to all people who simply signup an account at richy-invest . Click the "Get your free investment!" tab in the richy-invest website and claim your free 1$ investment.
( don't miss it, so do it now: http://www.richy-invest.com)

Payment processors-
Liberty reserve, Pefectmoney, Alertpay, Western Union and Bankwire. For WU and Bankwire the minimum amount to deposit is 100 pounds.

Referral program:
You will receive 5% of all your referral's investments. But, the disadvantage here is you cannot track your referrals and also you cannot find out how many referrals you have. Only the admin knows the referral stats of each member and seems to pay the referral commissions honestly so far.

Website design and protection:
I was initailly not impressed by the website design but after using it for a few days i felt that the website is very user friendly. The design is very simple but serves the purpose efficiently, you just have to take a close look at the website and you will get the hang of it. In other HYIPs you login to a members profile to view your invetment stats, but in richy-invest there are no such things as member profiles. All the member's investment stats are shown in this page of their website. http://www.richy-invest.com/profiles1.htm

The admin of richy-invest had told me that he will be switching from the current manual script to a fancy website script(with member profiles and portfolio like management) in the coming months. Now about the security of the website. Richy-invest website is not DDOS protected and not hosted on SSL encrypted servers, so there is a chance of the site being hacked. But, richy-invest is very new so it takes some time to do all the developments in the website, you have to wait and see.

Support team-
There is no support team exactly, the admin himself manages to do everything from playing poker to earn profit for the investments, processing payment requests, managing the website updates and also answering support emails like an one man army. If you send an query email you will get a reply within 24 hours. So the support is good.

Conclusion-
The best thing about richy-invest is you get variable profits per day like 2%, 10% etc. The next best thing is you can withdraw your profits and principal anytime you want. The support is also good, but the website design and security are a letdown. But as the minimum investment is low you can make a test spend and see how it works. Everything is working fine for me so far and I'm looking forward for my first payout. I can conclude by saying the same cliched phrase "Invest what you can afford to loose", after all, all HYIPs are designed to be Scams, it's all a matter of luck whether you make profit out of it or not. Good luck :)

4 comments
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