In our previous (“First Thoughts”) article about CryptonFx – new Diamond listing program, we took a closer look on program’s description + touched a bit its investment plan. Shortened Reminders:
Cryptonite FX deals with Property Management and operating of residential, commercial, and/or industrial real estate, including apartments, detached houses, condominium units, and shopping centers. It typically includes the managing of property that is owned by another party or entity. Property management may include seeking out tenants to live in the space, collecting monthly rental payment, maintaining the property, and aftercare of the grounds. Apartment complexes are overseen by some type of property management company.
At the moment CryptonFx offers a single and easy to understand Daily plan: 9% Daily for 15 business days!
It goes with:
From now we can go further to our regular calculations for investors wishing to study this program in detail to decide if it can be included in their portfolio of high yield investment programs.
As you may have noticed, CryptonFx investment plan works on business days. That is why we have to apply our conversion factor of 30/22. We convert business days to calendar days by multiplying the number of business days by a 30/22 conversion factor. If you multiply 15 by it, you get 20.45 calendar days, let’s round it up to 21 days.
We have a fixed interest rate – 9%. Let’s check how long it will take you to break even if you join CryptonFx. By dividing 100% by the 9% daily return we will get a bit more than 11 days.
To get the Total Gross Interest that you can receive in 21 days period we multiply the number of days by daily return. 21 x 9% = 189%. The total NET return for this plan is 89% (189% – 100% = 89%) as you can see it now.
What is a DNI level then? Daily net interest (DNI) can be checked by this way as usual – we divide 89% by 21 days and get a DNI of 4.23%. With help of EN HYIP Insights #12 Part 3 and Part 4 we can determine CryptonFx as HIGH interest program.
After describing this kind of plan in detail, you as an investor can already see if CryptonFx could suit your investment strategy. There are many investors who diversify their money between LOW, MEDIUM and HIGH interest programs. Much depends on your own experience. This is why you must never forget to be your own judge in this HYIP world jungle.
In the Part 2 of this review, we will look at some additional rules and information that will also be useful to everyone. Hopefully, we will be able to post it VERY soon. Please stand by.
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