This project was moved on HOLD with PROBLEM status…
Bitero – one of the new platforms here on Sticky Diamond listing added on EN several days ago. You possibly do remember the “First Thoughts” article, where we looked at offered investment plan. Below is a small reminder (for those, who forgot it):
Bitero platform offers us a single investment plan. Pay your attention to the difference of accrual amounts on Working days (2%) and Weekends (1%). Read carefully below:
High security, easy to use platform, and a high percentage of daily profit, guaranteed. All this with the Bitero investment Bundle. By investing with Bitero, you will receive a daily profit of 2.0% on workdays (Monday to Friday) and 1.0% daily profit on weekends (Saturdays and Sundays). Each investment cycle is 30 days long.
There is a minimum investment sum of 0.005BTC. The investment amount has no maximum limit and you can also return your deposit at your convenience. Deposit return has a processing fee of 10%.
2% Daily (Business days) For 30 Days (1% on Weekends)
- Anytime Deposit Return with 10% commission
- Minimum Deposit – 0.005 BTC
The thing that investor may certainly like is instant payouts mode. It goes not only for daily accruals, but also for the initial deposit return… This is a good option, i guess, all of us agree with that..
Let’s look a bit deeper into the 2%-1% daily plan…
Bitero investment plan does not need a conversion factor of 30/22 (calendar days/business days) because you receive your earnings every single day without any days off.
*BUT as you do see – the percent for business days and weekends is different, so we have to pay attention to that in our further math..
Since we deal here with “Principal Back” investment plan – we do know that in most plans of this type we break even at the end of it, the exact moment when your deposit is returned back to you.
So what about the Total Gross Interest? Let’s say that in avarage we will have 22 business days and 8 weekends during the 30 days plan. So here we go this way: (22 days X 2%) + (8 days X 1%) = 52%. You see now that Total Return is 152% (52% + 100% of deposit back) and your Net Profit is 52%.
The next step, as usual, is to check a DNI (Daily Net Interest) level that must tell us whether we consider Bitero platform’s plan as a SHORT, MEDIUM or a HIGH interest “beast” 🙂
If you divide your Total Net Profit (52%) by 30 days of this investment plan – you will get the result – a DNI of 1.73%. Therefore you can classify this plan as a medium interest investment offer. What that means? That means that this kind of plan will be interesting to most types of investors (both conservative and adventurous).
As far as i can see Bitero platform is quite active with news and updates – always a good thing for all of us, isn’t it..? Then we will be able to see new information about it soon enough..
In Part 2 of the Review we will also pay attention to additional information which will be useful for any potential investor and those of you who has already joined Bitero… Please stand by..
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 web Support Chat | Hyips and Crypto questions – HyipChatEN
Telegram Chat for 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!