Hi, guys! At first glance ProfitsAddict seems to be an average site with undistinguished graphics and standard plans. Only the first plan seems reasonable to me which pays 15% for 8 days (120%) with $1 minimum and $500 maximum. Other two are not recommended for investing because of a high minimum and higher and therefore riskier profit rate. It’s obvious to me that ProfitsAddict site will be online until the large investors come and deposit hundreds of dollars. But I don’t think it will happen really soon so we don’t have to worry at least for a couple of weeks as with the 120% plan ProfitsAddict can be sustainable for a while. But is the site really worth our attention? To find it out let’s take a closer look at ProfitsAddict and maybe we will be able to find something that really can catch our eye.

1) The domain name was registered and the site is hosted on protected BlackLotus server. It’s a standard but definitely vital feature for any HYIP’s survival. In the case of ProfitsAddict it will give it more credibility and provide it with uninterrupted uptime.

2) The site of ProfitsAddict is 6 days online and it proved to be a paying one. I received the first payout today really fast after requesting my payout and the usual waiting time is no more than 12 hours.

3) It’s kinda unique for such a site that not only withdrawals but also deposits are manual. So you have to make a deposit via your LR account and then wait for some time before your deposit is added to your account (but usually it’s done really fast). As the admin Ben explained to me they decided to use manual depositing feature to ensure the funds’ safety. “Our primary concern is the security of member’s fund, by manually added member’s deposit, we have eliminated any chance to intercept all incoming or outgoing transaction. We also realize there is disadvantage on our way, as member has to wait for administrator’s approval. In order to eliminate our disadvantages we provide 24/7 stand by administrator to provide members with fast deposit and withdrawal.”

4) The program is listed on many monitoring sites and there are threads on popular forums. There is more than $4K deposited after 6 days online from 150 members according to the site’s stats. It seems to me that ProfitsAddict hasn’t yet got the exposure it deserves. So my prediction is further stable growth at least for a week or two. It will be enough for many of us to receive good profits from the program. After that period the state of things will depend on the managerial skills of the administration. With the right set of goals ProfitsAddict has a good chance to achieve high positions in the charts of short-term programs.

5) The administration of ProfitsAddict program seemed to be professional and the admin already gave me his consent to answer all the questions for the upcoming interview. The admin already told me that “we have a great vision with this program and we know how to build trust among investors. We also have started advertising campaign and spared remarkable amount to sustain our program ROI.”

Anyway, we will see how the things will turn out with ProfitsAddict but for now I think there’s a very good chance to be in profit from the 15% for 8 days plan. I’d like to add to my review that as of May 20 ProfitsAddict dropped e-gold as a payment processor because of its policy of blocking HYIP accounts and now is looking for another one to replace it. Be it AlterGold, V-Money or E-Bullion it will be announced in the news section of the site soon. At the moment of writing, only LibertyReserve is accepted by ProfitsAddict and I will update you when the other processors are available for depositing.

Other news for today.

Here’s the latest announcement from ProfitsAddict about their recent decision to drop e-gold: “Due to latest situation with e-gold company (particularly situation with our blocked account) and all our efforts to unblock e-gold account (we sent them our personal documents, more than they asked). For this reason we decided to stop receiving payments through e-gold and considering to add another payment processors. List of payment processors we have interest: E-bullion, AlterGold and V-Money. If you have any opinion or suggestion of above e-currencies you intend to use, please do not hesitate to address a support ticket. At the moment please use LibertyReserve, as they are currently one of the best payment processor and the most reliable in the industry. To member who has made deposit through e-gold, you still receive your earning through e-gold till your deposit matured.”

By the way, LibertyReserve‘s fee chart recently has been changed. The most significant change is the increasing of the maximum fee from the previous $0.40 to $0.99. The other fees stayed the same: the receiving fee is 1%, as for spending and opening the account they are still free of charge. In my opinion this is a positive change which indicates that LibertyReserve has become the most popular payment processor online successfully replacing e-gold in less than a year. Such status allows LibertyReserve to increase their fees without bad consequences for its client base. On the other hand, the monopolization of the HYIP market by one payment processor is really bothering me. If you want to read what a possible negative scenario could await LibertyReserve in the near future please refer to my article published here. I don’t want you to panic, but am only telling you that you should be ready for any possible consequences of such market monopolization.

With LibertyReserve relentlessly ruling the kingdom of online investments only AlterGold providing its rapid growth could oppose this monopolization… if not for the constant DDoS-attacks that it’s suffering from on an almost daily basis. In my opinion, if they want to successfully compete with LibertyReserve they should resolve this problem as soon as possible. Here’s the latest I received from AlterGold today: “This email is sent to inform you that AlterGold is back online after a huge site outage due to DDoS attacks. We are very appreciative for your patience during this period. Though, you may face some difficulties with Automated Spends, Instant Payment Notification (IPN) and Shopping Cart Interface (SCI) but our technicians are working on this issue and will be resolved as soon as possible. Once again, we are very appreciative for your patience during site’s outage period. Please feel free to start using AlterGold again for Instant world-wide Payment transfers, Money exchanges and Debit card related transactions. I would also like to take this opportunity to inform you, that we will soon be launching new APIs, Official blog, Merchants directory and more. Stay tuned! Regards, AlterGold Team.” If you want to know more about this payment processor please refer to my interview with one of AlterGold‘s representatives published here.

iNetCapital program is still on hold till the end of the week as the admin Stephen is testing the website to avoid any further problems in the future: “At this time our firewall has finally been reinstalled & we are going to wait until the end of the week to make sure that no additional problems occur with it before proceeding with an update on payments. We appreciate your patience & are reachable via our usual support methods if you have any questions. Thank you.” Currently the site is online but it’s not recommended to make any deposits until it’s completely back on track. I really hope that iNetCapital will be able to continue as the problems it faced before have been successfully resolved due to professional work by Stephen and staff.

It came to my attention from several sources that MInvestment (one of the most popular programs of 2007) and recent Tradelite program are somehow connected (they used the same IP address). Well, in my opinion there’s nothing to worry about. Even if we assume that Tradelite came from the same team that have been running MInvestment site successfully for 9 months in 2007-the beginning of 2008 we could only expect the same result from them. Those who will join now will definitely be in profit as Tradelite is aimed towards the long term. If the same scenario with MInvestment will repeat itself here the winners will be those who joined Tradelite in the first months of its existence. For example, I joined MInvestment at the very beginning and managed to be in more than 300% profit from the program. In my opinion, the key to success for profiting from Tradelite for average investors is to join it now while it’s not as hot yet as it will certainly be in the near future. After hearing this information I’m ready to try 40 days (147%) or even 60 days (194%) plan after my current deposit is expired. If you want to learn more about Tradelite and find out why it occupies #1 spot in the rating of the hottest online opportunities please refer to my interview with project coordinator of Tradelite program that was published here.

The admin of V-Project issued a warning in the site’s news section that some investors from China that use Firefox browser can expect some difficulties with accessing the site. “Some investors from China refer of problems in the opening of our website with Firefox, while IE and Opera work perfectly there and worldwide. Our site is not at all under DDoS attack: this is a minor issue of compatibility, related to specific servers placed in a specific area. We are working on it anyway. In the meantime, we advise the customers who have problems with Firefox to use a proxy outside China or to browse with IE or Opera.” If you want to learn more about V-Project please refer to my review that was published here or to the upcoming interview next week. And don’t forget about the current promo offer running in V-Project that is adding 10% bonus for those depositing $100 or more. The offer will expire on May 25.

12Daily.Pro paid me some RC today and I still think that it’s the autosurf you should be in. Rapid growth, professional admin and famous name – all points to pending success. The stable classic surf plan (12% x 12 days) and not-surf plan (10% x 14 days) allow every investor to choose what he wants. And only $6 minimum and all major e-currencies accepted (LR, EG and AG) it will be suitable for even the small investor. You can read my interview with the admin of 12Daily.Pro and find more details about this program here.

I received my payouts today not only from 12Daily.Pro but from many other programs as well. Among them: SmartDeposit, OG Fund, AcmosTrade, SafeAtom, ProfitsAddict, Dreab and V-Project. I’ll see you soon again on my blog! Stay tuned!