This program moved to PROBLEM status! Beware and do NOT invest there anymore!

The CryptoGenix Investment Plan.

In our recent “First Thoughts” article about CryptoGenix, we provided a brief but very thorough description of their investment plan.  Here it is…

For the investor, CryptoGenix offers one very easy-to-understand investment plan.  It pays 5% interest daily for 40 days and returns your investment as part of your earnings.  This interest is paid to you at the rate of 1.25% every six hours.  The minimum investment is 0.005 BTC and it looks like there is no maximum.

Analysis of the CryptoGenix Investment Plan.

To find out how long it will take you to break even if you invest in this plan, you divide 100% by the 5% daily return that you receive.  This comes out to exactly 20 days, which is half the length of the investment plan. So, for the second 20 days in the plan, all of your returns are “pure profit.”  The total GROSS interest that you will receive from the investment plan will equal the daily gross interest of 5% times the 40-day length of the plan, or 200%.  Since this includes your investment, your total NET interest will be 100% less than this, or 100% (200 – 100 = 100).  Finally dividing this by the 40-day length of the investment plan, you come up with an average daily net interest (DIN) of 2.5%.

Discussion.

To begin with, since CryptoGenix only offers one investment plan and, since the minimum investment is fairly low (around $50, assuming that one Bitcoin is worth around $10,000), almost everyone who is even a little bit serious about online investing will be able to take advantage of this investment plan.

Furthermore, this is the best TYPE of investment plan since you recover your investment on a daily basis.  It is far superior to other types of online investment plans that will withhold your investment and/or your earnings until the conclusion of a plan.  So, as we already discovered, you break even half way though the plan — after 20 days — and it follows that, in only 10 days, you will have recovered half of your investment.

As we suggested in the First Thoughts article, the investment plan is quite profitable.  Multiplying the 2.5% DNI by seven, we come up with an average weekly profit of 17.5%, which is quite respectable.  It is at the borderline where we begin to think the program is SO profitable that its long-term survivability might be jeopardy.  In HYIP Insights #12 we suggested that programs offering investment plans having DNIs higher than 2% might be a bit risky to get involved with.  So, while CryptoGenix doesn’t have a DNI that is off the chart (as is true of many other Telegram bots), the investor should still be cautious.  This would appear to be the type of program that could go either way.  With wise administration and a reliable source of revenue, the program could possibly be a long-term survivor.  If either of these factors is lacking, the program might not be a long-term success.

Earnings Example.

Let’s assume an investment of $200.  You will receive a daily return of 5% of this, or $10 (.05 x 200).  After 20 days, you can see that you will have earned a total of $200 (10 x 20) and will have broken even.  By the time the plan ends in 40 days, you will have earned a total of $400 (10 x 40) which is double your investment.  So, this investment plan enables a person to double his money in 40 days.  Obviously, your NET earnings will be $200. 

(*to remind you – currently minimum withdrawal here is 0.005 BTC)

Conclusions.

CryptoGenix offers a single investment plan that enables the investor to “double his money” in 40 days.  The program is very lucrative, but not to the point that the promised returns almost guarantee premature closure of the program.  This said, the program will probably still be more attractive to the adventuresome investor rather than to the investor looking for modest returns on a long-term basis.       

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