This project was moved on PROBLEM! Check further updates..
The DogeX Investment Plan.
We recently published a “First Thoughts” article about DogeX. In it we included a complete description of the company’s online investment plan. Here’s what we wrote in that article:
For the investor, DogeX offers one very easy-to-understand investment plan. It has a minimum investment of .003 BTC and pays 3% interest per day — forever. It is what we refer to as a “perpetual” investment plan. Unlike many plans of this type that appear online, you may withdraw some or all of your deposit at any time after your first interest accrual. So, the plan is essentially the same as a normal bank savings account. However, the interest that DogeX pays you is obviously much much more than you can earn from any bank.
Analysis of the DogeX Investment Plan.
Let’s first quickly determine how long it will take you to break even if you invest with DogeX. That’s easy to do. Just divide 100% by the 3% daily return to get 34 days.
Next, let’s determine the average daily net interest (DNI) that you will earn from this investment plan. This is simply the total net interest that you will earn from the plan averaged out over the number of days in the plan. Well, you can’t determine this for a “perpetual” investment plan because you don’t know the true length of the plan! We all know that HYIPs don’t last forever; their length is their lifetime, So, the best we can do is determine the DNI for different assumed lifetimes for the investment plan. Let’s first assume that the program will break even and then determine the DNI for assumed lifetimes of 60, 120, 180, 240, 300, and 360 days.
Beginning with 60 days, the total gross interest that you would receive in that period will be 60 times the daily gross interest of 3%, or 180%. This includes your investment. So, you must subtract 100% from it to get the total net interest that you will receive, or 80%. Finally, averaging this out over the 60-day period, by dividing by 60, you get a DNI of 1.33%. If you do this same arithmetic for the other assumed lifetimes for the program, you get the following results:
- Assumed lifetime DNI
- 60 days 1.33%
- 120 days 2.17%
- 180 days 2.44%
- 240 days 2.58%
- 300 days 2.67%
- 360 days 2.72%
In Part 2 of this review, we’ll discuss what we found out in this brief analysis of the DogeX investment plan and, hopefully, arrive at some conclusions that will be useful to the online investor having an interest in this program. Please stand by. Part 2 will be published shortly.
If one of the paying programs on our Monitor appeals to you, please support EmilyNews by registering for it on our website. Thanks very very much!
EN Main web Chat for Hyip / Crypto discussions – HyipChatEN
Telegram Chat for your Crypto and Hyip reports: @HyipChatEN
If you like this article and want to support EN – please share it by using at least few of social media buttons below. Thanks and See you tomorrow!