This program moved to PROBLEM! Do NOT invest there!

Discussion.

Let’s begin our discussion of the CoinExtender investment plans by taking a look at their investment limits.  Using the conversion that 1 BTC is roughly equal to $5,000, here they are (I realize that the value of Bitcoin is extremely volatile.  However, I’m making the conversion for the benefit of folks — myself included — who think better in dollars than in Bitcoin).

Plan                 Investment Limits

Starter             $10 to $25
Basic                $25 to $50
Standard          $50 to $125
Premium         $125 to $250
Exclusive         $250 to $500
Enterprise       $500 to $1,250
Platinum          $1,250 to $1,750
VIP                   $1,750 to $2,500
VIP Plus           $2,500 and up

Although there is nothing wrong with things as they stand right now, it seems that the plans could be simplified by eliminating a number of them.  For example, a single plan could cover the range of investments from $10 up to $500 instead of taking five plans to do it.  Then, another plan might run from $500 to $2,500, in this case replacing three plans.  Finally, a third plan would take care of investments greater than $2,500.  Three plans instead of nine!  But there is certainly nothing at all wrong with the way CoinExtender has things set up now.  So, again, this is not a complaint — just an observation.

Concerning breakeven point, let’s repeat some of the results from Part 1 here:

Plan                 Break Even      Total Gross Int             DNI

Starter             67 days            135%                                    0.39%
Basic                65 days            139.5%                                 0.44%
Standard          63 days            143.1%                                0.48%
Premium         62 days            145.8%                                 0.51%
Exclusive         61 days            148.5%                                 0.54%
Enterprise       60 days            151.2%                                 0.57%
Platinum          59 days            153.9%                                 0.60%
VIP                   58 days            156.6%                                  0.63%
VIP Plus           57 days            159.3%                                  0.66%

All of the CoinExtender investment plans break even in roughly two months.  Given that all the plans are three months (90 days) long, you might say that you are recovering your investment for the first two months of the investment period and making your profit during the third month.  While we prefer plans that break even more quickly, for another reason that I will point out shortly, in the case of the CoinExtender plans, this timetable might be acceptable.

A strong point of the CoinExtender investment plans is that they all are paying you a return from the beginning.  This contrasts with plans offered by many other HYIPs that don’t pay you any return until the end of an investment plan.  So, with the CoinExtender investment plans, the risk of losing your investment decreases as the plan progresses.  This is the most sensible type of investment plan to put your money into.

Next, let’s think about the profitability and risk of these investment plans.  This is where we look at the DNI that they pay.  I’m going to round off some numbers here to make the discussion simpler.  I hope that I achieve this objective rather than confuse things more.  If you look at the previous chart, I suspect that the investment plans in the middle of it will be the most popular — the Premium, Exclusive, and Enterprise plans.  Of course, there will be investors on either side of them.  The DNIs for these plans are slightly over 0.5% — an average profit of a little more than one-half percent per day over the length of the plan.  On a weekly basis, this comes to an average of between 3.5% and 4%.  For an HYIP, this is on the low side.  However, and extremely important, we feel that programs offering investment plans having DNIs that are less than 1% have a very good chance of being long-term survivors.  This takes us back to the previous discussion of breakeven points where I suggested that, in the case of the CoinExtender investment plans, a two-month time to break even might not be too troublesome.  Now you can see that the reason I said this is because of the high probability of this program being a long-term survivor.  There is a very thorough discussion of DNIs and risk in the article in HYIP Insights #12.  You might want to refer to it for more information on this.

Earnings Examples.

Let’s work two earnings examples, the first with an investment of $100 and the second with an investment of $1,000.  An investment of $100 would put us in the Standard Plan with a daily gross return of 1.59% and an investment of $1,000 would put us in the Enterprise Plan with a daily gross return on 1.68%.

The $100 would earn $1.59 per day and, after 63 days you will have earned a total of $100.17 (63 x 1.59) and you will have broken even.  After the 90-day investment period is up, you will have earned a total of $143.10, for a net profit of $43.10.

The $1,000 would earn $16.80 per day and, after 60 days you will have earned a total of $1,008 and you will have broken even.  After the 90-day period is up, you will have earned a total of $1,512, for a net profit of $512.

Note that, in both cases, your net profit is in the ball park of 50% — which, although modest in HYIP world, is actually quite respectable.  It is certainly a LOT more than a person will earn in his bank account!

Conclusions.

The CoinExtender program offers a total of nine investment plans.  The program recently added Bitcoin as a means of making payments/withdrawals in addition to the present Dogecoin which can be expected to increase its popularity.  All of the CoinExtender  investment plans are 90 days long and interests that are paid are modest (by HYIP standards).  This level of interest suggests that the program will have a high probability of long-term survival.  CoinExtender will probably appeal to the online investor who is seeking a moderate but stable passive income.  It will probably not appeal to the investor looking for quick profits.

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