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Biostry — Review

This program has STOPPED paying! Do not invest there!

Analysis of the Biostry Investment Plan.

A few days ago, we published a “First Thoughts” article on Biostry (that you can read here).  In that article we pointed out the website isn’t very clear about the company’s activities.  We also briefly introduced the company’s single investment plan.  That’s primarily what I would like to take a closer look at in this review.

The Biostry investment plan is an example of a “perpetual” plan.  By that I mean that your investment earns interest for you forever.  This is a wonderful deal except that your investment is never returned to you.  The idea is that, since you will be earning interest forever, your investment will be returned to you many-fold as part of your earnings.  All this is great for the investor IF the company stays around long enough for him to at least break even — and, hopefully, for a long time after that.  So, it is another twist on the HYIP game.  Whether or not you should invest might depend heavily on how reliable you think the company/Admin will be in fulfilling its/his financial obligations to its/his investors.  We talked a little about this in HYIP Insights #16 (that you can read here).

The Biostry investment plan pays 2.8% per day — on business days only.  This comes to 14% per week (for a total of five days) which is more than satisfactory.  The plan will break even in a little more than seven weeks (100/14).  So, you have to bite your nails for the better part of two months after which you will finally be in profit.  However, during this seven week period, you are, of course, gradually earning your investment back.  This minimizes your loss if, perchance, the company closes its doors prematurely.

OK, let’s figure out how good this investment plan is.  There are a few tricky things going on here.  First, the investment plan is “perpetual” and, second, it only pays interest on workdays.  Let’s tackle the second item first.  The plan pays you 14% per week.  Dividing this by seven, we get the effective daily (calendar days, not workdays) interest rate that it pays or 2% (14/7).  Note that, using this number, you can easily calculate that the program breaks even in 50 calendar days (100/2) which, as we determined above, is just over seven weeks.

When comparing one investment plan to another, we always compare the daily net interests (DNIs) — the effective average profit that a plan pays on a daily basis.  However, in order to determine DNI, we must first know how long the term of the investment plan is.  So, for a perpetual plan, what number should we use?  We all know that an HYIP won’t last forever.  So, let’s look at a number of different scenarios.  First, let’s take what would be just about the shortest length of time that would still enable you to break even with this investment plan — 60 days.  Earning the equivalent of 2% per day, your total gross earnings for this period would be 120% (2 x 60).  Subtracting 100% because your investment is included in this, you get total net earnings of 20%.  This is your profit.  Averaging this out over the 60 day length of the plan, you get an effective daily net interest (DNI) of 0.33%.  This is kind of low in-so-far-as DNIs are concerned.

Of, course, the longer the program survives, the higher the DNI will become.  So, let’s do the same arithmetic for longer survival periods.  We’ll do it for 30 day periods all the way out to a full year (360 days).  Here are the results:

Days      DNI  %

60           0.33
90           0.89%
120         1.17%
150         1.33%
180         1.44%
210         1.52%
240         1.58%
270         1.63%
300         1.67%
330         1.70%
360         1.72%

To be honest, the results of this little exercise surprised me.  Basically, it is saying that, no matter how long this program continues, the DNIs that it will be paying are NOT out of sight.  Remember that in HYIP Insights #12 (that you can read here), we suggested that DNIs of less that 1% are apt to be sustainable and that those over 2% probably won’t be.  Between 1% and 2% is anyone’s guess.  So, the DNIs that this program offers are reasonable.  However, we also have to remember that this program goes on forever and that the company will have the obligation to pay these earnings ad infinitum.  So, from that point of view, a low DNI is the best one.  With a perpetual program, no one’s investment term ends and starts with a new deposit.  Thus, the company’s payment obligations get worse and worse all the time.  This is something to think seriously about before investing in a perpetual plan.

It is extremely easy to work examples of earnings with this type of program.  Suppose that you invest $200 in it.  You will earn 2.8% of this per day, five days per week.  This comes to $5.60 (.028 x 200) every workday.  On a weekly basis you would earn five times this or $28 per week.

Other Features of the Program.

BitCoin is the only payment method used by Biostry.  The minimum investment is 0.001 BTC and it can take up to 60 minutes for your investment to be confirmed.  On the other side of the coin, the minimum withdrawal is 0.0005 BTC.  Supposedly, withdrawals are instant.  But, I don’t see how this can be possible given the time that is required for confirmations of all Bitcoin transactions.

Biostry has an affiliate program that offers commission rates that are about normal for the industry.  The program pays you 6%, 4%, and 2% on deposits made in the first three levels of your downline.  You do not have to have an active deposit in order to earn commissions from the affiliate program.

Support from Biostry appears to be pretty good.  They appear to have live chat — although no one was manning it when I was writing this review.  There is also a support email address as well as the standard contact form, although I suspect that these go to the same desk.  As interesting touch is the inclusion of a live Google street view map on the support page.  Is the scene at the address for Biostry given on the support page?  Perhaps this implies that there will be staff hard at work in the office.

In summary, Biostry is a rather unique program.  There are a lot of words on the website, but there really isn’t too much content as to precisely what the company does for a living.  The single investment plan is one of the unusual “perpetual” plans that appear in the HYIP industry from time to time.  The advantage of such a program is, of course, that you can theoretically receive earnings forever.  The disadvantage is that these earnings also include your investment.  So, it can be a while before an investor breaks even.  This is the classical HYIP gamble.  If the program is a survivor, you can earn a lot of money; if it isn’t, you will lose.  All this said, carefully think about the pros and cons of this income opportunity and, if it is your cup of tea, you might want to invest with Biostry.  However, as always, we recommend that you make your investment a small part of a diversified portfolio.  And, remember, for any HYIP, never invest more than you can afford to lose.  Good Luck!

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