This program has STOPPED paying! Do not invest there!
The Trezer Bit Investment Plan.
In our “First Thoughts” article that we published only a few days ago, we pointed out that Trezer Bit only has one investment plan. There is nothing at all wrong with that and, in general, it agrees with our preference for HYIPs that are simple and easy to understand. And, this is certainly is the case with Trezer Bit.
Here is the information about the investment plan as given on the website:
8%/day for 20 business days
$10 – $10,000
Deposit returned as part of your earnings
Since this plan pays on business days and we live in calendar days, it is useful to be able to convert from one to the other. There are roughly 22 business days in a 30 calendar-day month and, after dividing, the ratio 30/22 equals 1.36. So, to convert business days to calendar days, you simply multiply the number of business days by 1.36. So, this plan is roughly 28 days long. Of course, you could have simply noted that, since there are five business days in a week, this plan is four weeks — 28 calendar days — long. Lots of ways to get the same result.
OK, first let’s see how long it will takes this plan to break even. Dividing 100% by the 8% that is returned to you every business day, you get that the plan will break even in 12.5 business days. Multiplying this by 1.36, you see that the plan will break even in 17 calendar days. So, for the first 17 days of the 28-day investment period, you are recovering your investment. After that, from day 18 through day 28 (11 days), you are earning pure profit. As we discussed in HYIP Insights #18, plans such as this where your deposit is returned as part of your earnings are superior to plans where your deposit is returned at the end of the plan, because you will generally break even much sooner.
The important thing for us to know, of course, is how much money you can make with this investment plan. Very quickly, if you earn 8% per business day for 20 business days, you will earn a total of 160%. Since this includes your deposit, your total NET interest (profit) will be 60% in the 20 business-day (28 calendar-day) period. So, if you invested $100 in this program, by the end of the four-week period, you would have received $160 back. The 60 dollars is profit.
Discussion.
In discussing investment plans, the most important piece of information you need to know is the daily net interest rate. This is the total net profit from the plan averaged out over the number of calendar days in the plan. We already determined that the total net profit is $60 and we know that the length of the plan is 28 calendar days. So, dividing 60 by 28, we get a DNI of 2.14%.
By the way, in HYIP Insights #19, Part 2, we came up with a formula that would give us this DNI quickly straight from the given information on the investment plan. Here’s the formula:
DNI = (DGI x BD – 100)/(1.36 BD)
For our case, DGI, the daily gross interest, is 8% and BD, the number of business days, is 20. If you substitute this information into the formula, you get:
DNI = (8 x 20 – 100)/(1.36 x 20) = 2.21%
There is a slight “round-off” error because 1.36 x 20 doesn’t exactly equal 28 days; it equals 27. 2 days. But, for the purposes of analyzing an HYIP, it doesn’t matter a at all if you are talking about a DNI of 2.1% or 2.2%. So, either way of doing the arithmetic is fine. I simply wanted to show that the formula we came up with in the HYIP Insights article is on the money and is a quick and dirty way of getting an answer. As we suggested in that article, you might want to write down this and other formulas from the article and keep them handy for future reference.
But, getting back to our discussion, way back in HYIP Insights #12, we suggested that programs having investment plans with DNIs higher than 2% might possibly have difficulty surviving in the long term. Even programs with plans having DNIs between 1% and 2% could be in trouble. We suggested that the greatest probability for survivability is with programs having plans with DNIs less than 1%. So, Trezer Bit might have the cards stacked against them in this regard. However, nothing is impossible and, maybe with good management (and good investment skills!), the company might be able to fulfill its obligations for timely payment of interest earnings to its investors.
Conclusions.
Trezer Bit offers a single easy-to-understand investment plan. It pays 8% interest on business days and runs for 20 business days (or 28 calendar days). Because of the relatively high interest rate, the plan breaks even in only 17 days — two and one-half weeks. And, remember that, in half that time — 8 or 9 days — you would have recovered half your deposit. This is the good side of a relatively high interest rate. On the other hand, although the interest isn’t so high that we might expect the program to crash in a matter or days, it is high enough that there might be a concern for the long-term survival of the program. Assuming that the Admin is aware of this and has factored it into his management plan for the company, I would say that the program could still be with us for quite some time to come. Let’s hope that this is the case.
So, do your due diligence and, if you feel comfortable with what Trezer Bit has to offer, perhaps you might want to consider investing with them. As always, we recommend making your investment a small part of a diversified portfolio — and never invest more than you can afford to lose. Good Luck!
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