This program moved to PROBLEM! Do not invest there!

The OxBit Investment Plans.

In our “First Thoughts” article about OxBit that recently appeared here in the EmilyNews blog, we summarized the program’s investment plans in the following way:

OxBit offers three plans for the online investor.  All of them pay interest on a daily basis and return your investment as part of your earnings.  The lowest interest plan pays 4% per day and is 40 days long.  The other two plans are both 20 days long, one paying 7% per day and the other paying 9%.  The minimum investments are reasonable with the 9% plan, of course, having the highest requirement, this being $2,000.  The investment plans are very easy to understand; there are no bells and whistles to decode in order to figure out how they work.  There is also a very helpful calculator on the website that clearly indicates your gross return as well as your profit for any investment that you care to make.  A quick look at the numbers tells me that the returns from this program are attractive, but not to a degree that will put the survivability of the overall program at serious risk.  We will have more to say about the OxBit investment plans when we review the program in the next day or two.

Here is the website description of the three investment plans:

Testers
4% daily for 40 days
$20 to $20,000

Beginners
7% daily for 20 days
$200 to $2,000

Professionals
9% daily for 20 days
$2,000 to $100,000

Analysis of the OxBit Investment Plans.

Unless a program is especially unusual, what we do when we analyze it is to determine the breakeven points of their investment plans and their daily net interests.  Well, OxBit is refreshingly easy to understand; so, that’s what we’ll do here.

It is very easy to determine when an investment plan breaks even.  You simply divide 100% by the percent interest returned to you on a daily basis.  For the OxBit Testers plan, you divide 100% by 4% to get that the plan beaks even in 25 days.  If you do this arithmetic for the other two investment plans, here are the results that you will get:

Testers     25 days
Beginners     15 days
Professionals     12 days

Daily net interest (DNI for short) is the average daily profit an investment plan pays you over its lifetime.  Of course, profit is another name for “net” interest.  To get DNI, you first determine the total net interest you will receive and then divide it by the number of days in the investment plan.  So, you are averaging the profit out over the length of the plan.  This is what a person really wants to know about an investment plan, right?

So, to get the DNI for the Testers investment plan, you first multiply the gross daily interest of 4% by the 40 days in the plan to get a total gross return of 160%.  Next, since the gross return includes your investment, you must subtract 100% from this in order to get the total net interest that you will receive.  This will be 60%.  Finally, as we stated above, you divide this by 40, the number of days in the plan, to get the DNI which will be 1.5%.  Doing the same calculations for the other two investment plans, here are the results that you would get:

Testers     1.5%
Beginners     2%
Professionals     4%

Discussion.

Looking at the minimum investments required for the three OxBit investment plans, you see that the Testers plan, with a minimum of only $20, is certainly accessible to all online investors.  The Beginners plan, with a minimum of $200, will also be accessible to all serious investors.  However, the Professionals plan, with a minimum of $2,000, probably will not be.  I suspect that, even though there will certainly be a few investors who will take advantage of this plan, investment in it will be quite limited.  As we will see shortly, this will actually be GOOD for the sustainability of the overall program.

Concerning breakeven points, investment plans, such as those from OxBit that offer substantial daily returns, really shine.  The Testers plan breaks even in 25 days — less than a month — which is satisfactory.  The good news is with the Beginners and Professionals plans that break even in only 15 and 12 days — in the neighborhood of two weeks.  Furthermore, investment plans such as this have the added benefit that you are recovering a substantial amount of your investment on a daily basis which considerably lessens the risk associated with possible early closure of the program.

In HYIP Insights #23, we wrote an article which suggested that a weekly profit of between 5% and 10% might be a sensible goal to look for in an HYIP.  If you multiply the DNIs for each of the OxBit investment plans by seven, you get the average weekly profit that the plans will provide.  Here are the results:

Testers     10.5%
Beginners     14%
Professionals     28%

So, compared to the suggestion made in the HYIP Insights article, the OxBit investment plans are very profitable.  Although the article only makes “suggestions,” the profit that the Professionals plan promises might be a bit excessive.  In fact, in HYIP Insights #12, we suggested that the survivability of HYIPs offering investment plans with DNIs greater than 2% might be at risk.  This investment plan is certainly in this group.  In fact, it is probably safe to say that, any investment plan that offers high interest returns is probably a risky one.

However, as I already pointed out, the Professionals plan has the fairly high minimum investment of $2,000 which will seriously limit the number of investors in the plan.  This, in turn, will greatly reduce the obligation of OxBit to make the relatively high interest payments required by the plan.  This is why the rather high minimum investment for this plan is actually a GOOD feature of the OxBit program; it could, indeed, save the program from early closure.

Conclusions.

OxBit offers three easy-to-understand investment plans.  All of them return your investment as part of your daily return which effectively eliminates the risk of total loss for the investor.  The plans are quite profitable which is a good point.  However, this high profit might put the survivability of the overall program at risk.  Fortunately, the highest interest investment plan has a fairly high minimum investment.  This will decrease its popularity and therefore decrease the obligation of OxBit to pay high interest returns.  If the program administrators manage the program wisely, it could be a long-term success.

I hope this information is helpful.

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