Review: SafeRisk

Following the grand closure for Royalty7, a program that could indeed lay claim to the throne of the HYIP industry for the past year. They were able to pay consistently with no hiccups for 7 months, and in anyone's book, I'm sure that's a huge achievement.

Of course, with huge achievements come huge disappointment as well, such was demonstrated by the influx of investors who came on forums to grief and to complaint about the inevitable predicament.

Nevertheless, it's time to pick up the pieces and move on to better things.

Here's what I'm looking at today: SafeRisk. SafeRisk, what a controversial name. Indeed, it has been online for about 67 days, and it has just recently completed it's first cycle. If my experience is anything to go by, this is a good time to join because they have just completed the first cycle, and people are now starting to take note of it.

Why it's a good time for me to join? Because if the first cycle's successfully completed, I'm sure the existing members would be really excited to reinvest and make even more profit out of this. Understanding human nature is perhaps one of the key elements in this industry.

SafeRisk is beautifully designed, and it is also SSL encrypted. The layout is easy on the eyes, and it is easy to navigate around. One of the main things I noticed on the FAQ site is SafeRisk's modus operandi:

SafeRisk is a membership-powered opportunity, (in) which returns revenue earned on deposits made by the membership.

Clearly, SafeRisk is not playing the forex-trading revenue model. Instead, they're saying it as it is: this is a money pyramid, the returns you receive are from the deposits others made, in layman terms. Quite an interesting approach there that has seen several successes in the past.

Looking at the plans, SafeRisk offers only 1 plan:

2.5% per day for 60 days Principal returned upon expiry

Great plan in my view, absolutely lucrative and will entice a lot of young and experienced investors alike. If you break it down, assuming that you invest $100, you'll get $2.5 per day, breaking even after 40 days, and everything after will be pure profit with the principal returned at the end of expiry.

That's a whopping net profit of 150%! 2 and a half times your principal. If you divide that by 2 (60 = 2 months), that boils down to 75% per month of profit. If you were thinking about compounding your profits, no luck there because SafeRisk doesn't allow compounding.

Hosting-wise, SafeRisk is hosted with Staminus under the name ServerSpider, which provides Ddos protection. Seems like a reasonable host, albeit not a really known name in the industry. The domain name is registered with GoDaddy, which is surprising in my view because GoDaddy is usually pretty strict with registration. Script-wise they're using a licensed script from GoldCoders, which is probably one of the most commonly used scripts in the industry. It's slightly modified, as one can tell that it's not exactly the run-of-the-mill GoldCoders script. In many cases, this could prove to be a smart decision because it would plug most, if not all, security backdoors.

Nonetheless, that's never something indicative of a program's success. One should always be wary and cautious with one's money because, as the saying goes, "a fool and his money will soon be parted".

Moving on, the payment processors accepted is pretty impressive. All the major ones are accepted, namely LibertyReserve, PerfectMoney, SolidTrustPay and Payza (formerly AlertPay). My take in this is that SafeRisk has taken the necessary steps to offer investors a wide range of options to join. In many cases, investors often look favorably upon sites that offer all 4 major payment processors. On top of that, due to STP's notoriety for being difficult to get verified, it only adds a layer of credibility to the program.

Support-wise, I don't see the LiveChat as being as responsive as the other program I'm joining at the moment(InflexCapital.) The sign is on the top right corner, but I've never seen it online so far. That's a bummer, because there's no point in offering LiveChat if it's never online right? Sort of defeats the purpose in my view. I've tried sending an email to the admin inquiring about what his plans are for the future, but that's, again, to no avail. Hopefully that's not something that's persistent with all members.
Update*: the admin recently responded with an email, but nothing too substantial coming out of it. I will send another email today to inquire more. The response time for the email: 1 day

I'm putting in $400 of my own money here, and hopefully something good will come out of this! :)

I'm having high hopes from them, primarily because the site looks really well-planned, and the admin has proven himself for the first cycle. Further, some of the old acquaintances on MMG have joined this already. It seems like they're on to something, and for me, I'd like to get on as soon as possible, rather than later.