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Today you can read the Review Part 1 on RichieBit – the platform, which we have discussed a bit in “First Thoughts” article 3 days ago. We have seen programs with similar plans no so long before and i am sure most of investors already got the main concept of how they work. Like most hyips with such extreamly lucrative plans platforms it is usually used by both the most aventures and by the most experienced investors who probably knows how to diversify between high, medium and low interest plans / programs.. It’s highly recommended to take your time and to check the full workflow of similar projects before you join, if you are a newbie..
Let’s refresh in mind a part of previous article:
Here we are back to the plans, take a look please:
- 10% Daily Forever, with min. deposit – $10
- 12% Daily Forever, with min. deposit – $1,500
- 14% Daily Forever, with min. deposit – $5,000
- 16% Daily Forever, with min. deposit – $10,000
- 18% Daily Forever, with min. deposit – $20,000
- 20% Daily Forever, with min. deposit – $50,000
- 25% Daily Forever, with min. deposit – $100,000
Again, these plans are so-called short-term plans and it’s more difficult for the admin team to sustain them over a long period of time than medium and long-term plans. The advantage of this for investors who join and make deposits is, of course, high daily returns and the ability to complete the full cycle faster. So, as one of the general rules in the HYIP industry says: the higher the risk, the higher the profit.
In the plans mentioned above, I am almost sure that the first one (10% Daily Forever) will be used by the majority of investors during the first cycle, and if the RichieBit completes it and runs the second one, then the next plan may also see a gradual increase in visitors interest…
Now let’s get down to math to understand the profitability of such plans..
No need a conversion factor of 30/22 (calendar days/business days) here, because all 7 plans work without days off.
We take as an example – the first – 10% Daily Forever plan.
To know when you Break Even you have to divide 100% by the 10% daily earning and then you get 10 days exactly. After that each and everyday the platform continues working you will be receiving your Net Profit.
In “Forever” plans it’s impossible for you to calculate what amounts of Net Profit, Total Gross Interest and DNI (Daily Net Interest) you are going to deal with. That’s is why we calculate on the terms of probabilities and not certainties.
Let’s bring an example of 15 days of work for such type of platform as RichieBit, which would be a rather good result.
To get the Total Gross Interest we multiply the number of days (15) by daily return (10%) | 15 days x 10% = 150%.
Based on that, your Net Profit will be ( 150% – 100% ) = 50% of your initial deposit. If so that would be not bad right?
Now we move to the Daily Net Interest – DNI ( EN Hyip Insights article #12 Part 3 and Part 4 will help you to understand it a bit better). We need to divide our Net Profit (50%) by 15 days (from our example) and you receive a DNI of ~3.33%. Such DNI level can be provided only by a HIGH interest plan.
That’s all for today, i hope this data will be useful for the majority of potential investors. More additional information can be included in Part 2 in the future.. Stay online as always..
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