This project was moved on HOLD with PROBLEM status! Wait for further updates…
Today we continue to review the GOLD list platform – BitVolt. It was introduced to you a few days ago in the “First Thoughts” article.. I will remind it to you and then we’ll move on to our math..
Not that much description, right? So let’s see how many investment plans it offers..
PayPlan
2.50% Daily for 40 Days
Principal Returned – Returned after completion
Minimum Deposit – $20
Withdraw your principal amount anytime after 24 hours with 20% fee
All right, so we have a single investment plan here, with Principal Back feature at the end of the term OR before that with 20% Fee – so you must pay attention to that if you decide to quit earlier..
Of course, the daily earnings plan is the most popular thing among investment platforms in the HYIP industry, so choosing a single plan of that kind is pretty obvious here.
*Before we start doing our regular calculations about the plan – i want to pay STRONG attention of all investors that some of conditions of the investment offer was recently changed by the admin.
“Withdraw your principal amount anytime after 24 hours with 20% fee” was now changed to “Withdraw your principal amount anytime after 20 days with 0% fee“. There is NO explanation for this change in the platform news / updates. Therefore, one can only guess why this was done at the start of the program.
*In my opinion, any changes in the terms / conditions of the plan should be made only to create greater stability for the investor .. We can only hope that this is the case here, but, as always, only time will tell ..
Now is the math..
Since we have daily (calendar-days) plans, we do not need a conversion factor of 30/22 (calendar days/business days) here.
The first check is when we break even. As you might remember – most of “Principal Back” plans break even when the deposit is returned back to an investor. BUT, with the changed condition that an investor can take deposit back in 20 days – it is not the case here.. Therefore, if you use this condition you reach the break-even point in 20 days exactly.. This way you have the Net Profit of 50% (2.5% x 20 days) .. The Total Gross Interest in this case, as you could already understand, is 150% (50% + 100% of initial deposit).
In case you hold your deposit for all 40 days – you break even right at the end of the plan, in 40 days with Net Profit of 100% and the Total Gross Interest – 200%.
Next step, as always, is to check our DNI (Daily Net Interest) to see the level of profitability.
For newcomers – read EN HYIP Insights article #12 Part 3 and Part 4, so that you will be able to understand it much better..
If you divide your Net Profit (50%) by 20 days of BitVolt investment plan (our first case, when you take your deposit back after 20 days) AND if you divide your Net Profit (100%) by 40 days (our second case when you hold your deposit for all 40 days) – you will get the exact same daily return – a DNI of 2.5%. This is the thing in most “Principal Back” plans, just to remind to you..
Thus, based on our DNI range, you can classify it as a HIGH interest investment offer.
Well done, i hope you have saved your time today and now you can better understand the details of BitVolt plan. More information can be provided in the second part of this review soon. Please stand by… And stay always positive..
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