There has been a sharp rise in the launch of high yield investment programs in the cryptocurrency market recently. Characterized by promises of guaranteed returns in a short amount of time, high yield investment programs- or HYIP- have been present in the traditional market for some time, but are now becoming more frequent in the blockchain world.
There are both good and bad high yield investment programs. These platforms all work in the same fundamental manner- investors are presented with the opportunity to deposit capital into a managed account, which is then used to fund speculative or aggressive investment strategies. Investors are provided with a return on investment that is calculated on a daily, weekly, or in some cases, even hourly basis.
Some cryptocurrency focused HYIPs claim to possess highly efficient trading bots, while others claim to leverage the knowledge of teams of highly experienced investors. Regardless of the methods used to generate profits, the basics of each platform are essentially the same- you’re depositing capital with an unregulated managed fund and hoping for the best.
Many HYIPs are fraudulent in nature, and make it extremely difficult to withdraw funds from investment accounts. No matter how high the daily return is on a HYIP, it’s worthless unless the platform makes it possible to withdraw profits.
Some HYIPs simply pay out withdrawal requests from older investors with capital deposited by newer investors, a practice that is identical in function to Ponzi schemes and inevitably results in the collapse of the entire platform and the loss of all investor funds.
If you’re considering investing in a HYIP, it’s important to carefully assess whether you believe the platform you’re considering is legitimate or not. As a general rule with HYIPs, it’s best to get in early and get out fast.
In this article, we’ll take a look at Gilmore Assets, which is a good example of a more reputable HYIP. We’ll assess the Gilmore Assets investment plans in order to help you determine whether it’s a good investment opportunity for you.
What Is Gilmore Assets?
Gilmore Assets is a high yield investment program that offers three standard investment plans, and is fairly upfront about the methods they use to generate capital for investors. Instead of making claims of “highly efficient trading algorithms” or “autonomous trading bots”, Gilmore Assets is candid about the fact that investor capital is used in aggressive forex and crypto trading by real traders.
Gilmore Assets is operated by Gilmore Finance Limited, a US-registered trading company. Importantly, Gilmore Assets provides information on their registration details- documents available on the Gilmore Assets show that the platform is registered in the State of Missouri.
Interestingly, Gilmore Assets also provides investors with access to a Telegram chat, which is surprisingly forward-leaning compared to most other HYIPs on the market today. Gilmore Assets accepts Perfect Money, Payeer, Advcash, and Bitcoin as deposit currencies.
Gilmore Assets Investment Plans
Gilmore Assets offers three simple plans:
- 115% return on investment after 20 calendar days
- 1.1% daily for 30 calendar days
- 2.3% daily for 75 calendar days
Gilmore Assets Verdict
The Gilmore Assets platform is a surprisingly legitimate HYIP, and offers full transparency in the total number of users, deposits, and withdrawals. If you’re looking for a reputable HYIP to invest in, Gilmore Assets is definitely worth consideration- just be sure to carefully perform your due diligence beforehand.