Buratino in HYIPs: Why Admins Love Them

Description

Why in the HYIP industry can you sometimes hear the term «Buratino» and what might it mean? The topic is not new, but it's not covered on the blog, and questions about it arise periodically. In general, let's figure it out.

Definition of the Term. Examples

«Buratino» is a specific type of investor who invests large sums without careful consideration, ignoring recommendations, which prompts admins to think about the imminent closure of the project.

Let's provide an example: an ordinary reader of our blog knows not to invest in plans with fabulous percentages, such as, for example, 6500% in 90 days. We understand that no one can pay such percentages, but there are investors who enter such plans, where the minimum deposit amount can start from $10,000. Hoping to get more coins from the «Buratino» project, they think it's an excellent investment opportunity, but such considerations are fundamentally wrong. Such plans are created to replenish the project's cash flow and pay interest on smaller deposits or simply take your money. In other words, you will be blocked and left without money.

«Buratino» – the Ideal Investor for Admin

Why such a title? It's simple. Answer the question yourself: «who would be considered the ideal investor?». It is the investor who invests a large sum. Firstly, the admin can simply take it for themselves. Many admins usually do just that. Secondly, a large sum can be used for payouts. An ideal investor can also be considered someone who will constantly reinvest in the project without hesitation, hoping that it will work forever. Naturally, this is impossible. Every project has its logical or not very conclusion, which is very difficult to predict, but this is a slight digression about reinvesting.

Thanks to the thoughtless decisions of «Buratins», sometimes a perfectly good mid-profit project can close. Think about it. If in a project that was developed for $1,000-3,000, one person invests $5,000-20,000, is it worth continuing? Experienced admins can work even with top-ups, but there are very, very many who will close the project seeing such an amount in their account.

In the admin's mind, the following may be happening: «why continue working, paying deposits, interest, if the project has already paid off, and I can create several more like it?». In principle, it's logical.

Some administrators try to limit the maximum possible deposit in their project through limits or set a restriction on the number of possible contributions, but this does not always help. They resort to multi-accounts, which also negatively affects the project's operation.

Why do «Buratins» act like this? Out of inexperience and lack of foresight. When they see an easy way to make big profits, they get a pleasant feeling of gain, so they can invest a fairly substantial amount to make a profit.

How Not to Become «Buratino»

No one wants to be deceived, so we recommend following these recommendations:

• do not invest all your funds in one project, especially if you have a large amount;
• rare projects can digest a large sum. Be sure to consider this moment;
• do not invest borrowed funds. The consequences can be fatal;
• you may receive private messages offering profitable investment conditions, various schemes. Do not fall for it. It doesn't end well, and it's better to immediately send it to the BAN;
• do not engage in endless reinvestments. Set a certain profit threshold for yourself that you would like to receive from the project and follow your idea. Only within reason and depending on the admin's capabilities;
• if you have any questions, you can always consult with us through the contacts. We will always help, tell and explain. Fortunately, experience allows us to advise something.

Conclusion

In this article, we have thoroughly examined the term «Buratino» and how not to become one. We sincerely hope that everything has been explained clearly, but if you have any remaining questions, feel free to ask them in the comments below the article. We want there to be as few «Buratins» among our readers as possible.

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