This program has stopped PAYING! Do not invest there!
Background Information on Castle-Inv and Its Investment Plans.
Castle Financial Investment Limited, Castle-Inv for short, is a cryptocurrency trading company based in the United Kingdom. They are now seeking funds from online investors to further increase their profits which, of course, they will share with these folks that invest with them. They have been online for a week or so now and, in that brief time, have made considerable progress. According to their website, they already have over 500 registered accounts and around $40,000 has been invested with them.
The Castle-Inv website is a breath of fresh air. The narrative is brief and fairly well-written. The essential information is there and no effort is made to pad the presentation with paragraphs of self praise for their investment team. There is also a nicely done video overview of the Castle-Inv program. All of this is a refreshing change from a number of other programs where the reader has to struggle to figure out how it all works.
Castle-Inv offers two investment plans as follows:
REGULAR PLAN
6% DAILY FOR 25 DAYS
$15 – $50,000
Total gross earnings: 150%
Principal Included
All Payouts Automatic
Min. Payout: $1
PREMIUM PLAN
0.5% HOURLY FOR 250 HOURS
$250 – $25000
Total gross earnings: 125%
Principal Included
All Payouts Automatic
Min. Payout: $1
Analysis of the Castle-Inv Investment Plans.
A very nice feature of the Castle-Inv investment plans is that withdrawals are automatic. This means that, as soon as you generate earnings, they are immediately credited to your payment processor account. This is especially nice in the case of the second plan where you receive earnings on an hourly basis. Who can monitor their account 24/7 and withdraw as soon as earnings are posted? Again, this automatic feature is a great help.
The Regular plan is fairly conventional. As indicated above, it pays six percent daily interest for 25 days and this includes your deposit. So, your total gross earnings are 150% (6 x 25). Subtracting 100% from this because it includes your deposit, you get a total net earnings (or profit) of 50%. Dividing this by the number of days in the plan, you get an average daily net interest (DNI) of 2.00% (50/25). Per our discussion in HYIP Insights #12 (that you can read here), we classified an investment plan with a DNI in this range as being right at the border of medium and high interest. The implication is that, if the company offering this level of interest is careful, they might be able to sustain payments on a long term basis. Is they are careless or encounter unexpected problems, it might be difficult to sustain payouts at this level.
This plan only requires a minimum investment of $15. So, anyone can handle it. As an example, suppose that you invest $1000 in this plan. Your daily gross income would be $60 (0.06 x 1,000) and your total gross income would be $1,500 (60 x 25) which, of course, is 150% of your initial deposit. So, your total net income would be $500. Dividing 100% by the percent earnings you receive each day, you will see that it takes around 17 (100/6) days for you to break even. So, the time after this until when the plan ends is when you will be making pure profit.
The Premium plan is somewhat unusual in that it pays interest on an hourly basis. Specifically, it pays 0.5% per hour for a total of 250 hours. This gives a total gross income of 125% (0.5 x 250). Since this includes your initial investment, you must subtract 100% to get your total net income (your profit) which would be 25%. The equivalent number of days to 250 hours is 10.4 (250/24) days. So, the DNI for this investment plan is around 2.40% (25/10.4). This is significantly higher than the DNI for the Regular plan. So, unless a person can’t afford the minimum investment of $250 required for the Premium plan, it would definitely be the better alternative. We note that this DNI is quite high and, because of this, the long term longevity of the program might be at risk.
Let’s see how our $1,000 investment would fare if invested in this program. After 10.4 days you would make 25% net profit which would be $250 (.25 x $1,000). Then you could put the $250 in your pocket and invest your $1,000 again and make another $250, for a total of $500, the same as for our example in the Regular plan. The difference is that now you made the $500 around 4 days sooner. So, again, there appears to be no advantage to the Regular plan unless you cannot afford the minimum investment for Premium plan.
Other Information about Castle-Inv.
At present, Castle-Inv accepts the following payment processors: PERFECT MONEY, PAYEER, ADVCASH, BITCOIN, LITECOIN, and ETHEREUM. The FAQ section of the website is very clearly written and, therefore, very helpful. Among other things it indicates that deposits are instant. We have already indicated that withdrawals are automatic. The only possible hang-up in all of this might be the verification process for cryptocurrency transactions. That is always an unknown factor.
The Castle-Inv referral program is simple and adequate — although not as lucrative as those offered by some other HYIPs. It pays 6% commission on deposits by your direct referrals (your first level) and 1% on deposits made by people on your second level. I cannot find a specific statement verifying this, but I am assuming that a personal deposit is not required for a person to be eligible to receive referral commissions.
Live chat appears to be available although an agent wasn’t on duty at the time I wrote this review. There is also a Skype chat address. Finally, two addresses are given (one for admin and one for support) as well as a support form. So, support is as good as or better than that offered by most other HYIPs.
In summary, Castle-Inv does a good job at presenting its program in a very clear manner. It offers two investment plans, both of which feature automatic withdrawal. The Premium program — which pays interest on an hourly basis — appears to be the more lucrative one and the minimum deposit should be affordable by the majority of investors. So, investors might want to think seriously about making a deposit with Castle-Inv. However, we always advise diversification, that is, to “never put all your eggs in one basket.” And, finally, never invest more than you can afford to lose. Good Luck!
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