This project was moved on Problem status! Do NOT invest there at the moment..
You recently read the EN “First Thoughts” article on the BitZeal platform, where we touched on the only investment plan that is offered to members. Let me remind you just a small part of it:
…As you could see right from this statement BitZeal has the only and very easy to understand investment plan. It offers investors:
Daily Return 5% Daily for 30 days
The minimum is $10 and payment methods are: PerfectMoney and Bitcoin only at the moment.
We can now move on to our usual calculations to see the pros and cons of the plan, as well as check its profitability and possible lifespan.
BitZeal investment plan is in Calendar, not business days – meaning there is no need to make conversion factor of 30/22 (calendar days/business days).
The interest rate is fixed at 5% daily. We need to count when we break even investing in BitZeal daily plan. Let’s divide 100% by the 5% daily return and then we receive 20 days. Thus we break even in 20 days and then all the rest days we are earning the net profit.
Total gross interest we get by multiplying the number of days in plan (30) by the plan daily return (5%). 30 x 5% = 150%. You can see that the Total NET profit you can earn is 50% of deposit.
In order to understand what type of the program we deal with we have to recognize its DNI (Daily Net Interest). If you are a newbie you should better read EN HYIP Insights article #12 Part 3 and Part 4 first as well. If we divide our Total Net Profit (50%) by 30 days of plan – we get a DNI of 1.66%.
According to our Hyip Insights article mentioned above, BitZeal is a MEDIUM interest program, which is usually absolutely fine with most investors.
If you need any support, at the moment, you will be able to find it via:
That’s all for now, and if we see any significant updates or new features from BitZeal, we will inform you immediately in our news. So as always – stay tuned please..
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