This program moved to CLOSED! Do not invest there!
Discussion.
In Part 1 of this review, we determined the breakeven points and DNIs for the three Bitwex investment plans. I’ll repeat that information here, as well as the basic information about the plans, so that we have everything in one place.
Plan Interest Plan Length Break Even DNI
Starter 3% 60 days 34 days 1.33%
Pro 6% 25 days 17 days 2.00%
Gold 10% 12 days 10 days 1.67%
First, we should mention that the Bitwex investment plans are the best TYPE of plan that you can find online since they return your investment on a daily basis. Thus, the portion of your investment that is at risk (in case the program closes prematurely) decreases on a day to day basis. This contrasts with the type of plan that withholds all of your earnings and/or your investment until the plan ends. So, in that case, everything is at risk until the plan ends.
Second, roughly speaking, all of the Bitwex investment plans break even in a month of less. Given that many HYIPs don’t survive much more than a month, this further minimizes the risk associated with this program and maximizes the possibility that the program will still be around when you start earning “pure profit” from the investment plan you put your money into.
Third, the DNIs of all the plans are within sensible limits. In HYIP Insights #12, we suggested that a program keep the DNIs of investment plans it offers below 2% in an effort to improve the chances of long-term survivability of the overall program. This is only our suggestion. However, it looks like the Bitwex investment plans are in line with it. The Gold investment plan, with a DNI of exactly 2%, is borderline. However, with sensible management of the overall program, this might not be a deciding factor.
Fourth, the DNIs are such that ALL of the investment plans are very lucrative. Multiplying the DNIs by seven, you get the average weekly profit that each of the plans pay. Here are the results:
Plan Average Weekly Profit
Starter 9.3%
Pro 14.0%
Gold 11.7%
A weekly profit of 10% or more should make just about anyone very happy!
In general, the Bitwex investment plans are very well-designed and pretty much conform to what we feel an online investment plan should look like. For more information on this, you might want to take a look at the article entitled “A Safe Investment Guide” that we published in HYIP Insights #21. You can read it here.
Do you remember that at the end of Part 1 of this review I note that there was something unusual about the DNIs for the three Bitwex investment plans? This “unusual” thing is that the DNI for the 6% Pro plan is HIGHER than the DNI for the 10% Gold plan. So, the Pro plan is actually MORE profitable than the Gold plan. This is a good example of how difficult it is to determine the relative profitability of a set of investment plans by only looking at the gross daily interest that a plan offers. Equally important is the length of the plan as this determines the number of days of “pure profit” after the plan breaks even. DNI takes into consideration BOTH gross daily interest AND length of plan to give you a true indication of profitability (and risk!) of an investment plan.
Earnings Examples.
Let’s illustrate the effect of DNI by comparing the results of investing $500 in both the Pro and Gold plans. In the case of the Gold plan, we will invest twice to come up with a 24-day investment period which is very close to the 25-day period of the Pro plan.
Here’s the way things would work out for the Pro plan. You would earn 6% of $500 per day, which is $30, for 25 days giving you a total return of $750 after 25 days. Subtracting your investment of $500, your net profit would be $250.
For the Gold plan, you would earn 10% of $500 per day, which is $50, giving you a total return of $600 after 12 days. Subtracting your investment of $500, your net profit would be $100. If you make this same investment a second time, you would earn another $100 profit.
So, investing in the Pro plan for 25 days earns you $250 while investing in the Gold plan twice — a total of 24 days — earns you $200. So, there is quite a difference. Is the Pro plan definitely the best way to go? While you can potentially make more money in just about the same amount of time, there might be another factor to consider…
The Pro plan ties up your investment for 25 days. Even though it is being returned to you on a daily basis, it is at risk for a longer period of time than the Gold plan. The conservative investor might prefer to invest with the shorter 12-day plan once and be done with the program.
So, it boils down to choosing a shorter-term plan with a lower DNI or a longer-term plan with a higher DNI. This is a hard choice to make and will depend on the temperament of the investor and how reliable he thinks Bitwex is as an investment platform.
Conclusions.
Bitwex offers three well-designed investment plans. All break even within a month and all are sufficiently profitable to be highly attractive to the online investor. However, this profitability is within reason (in-so-far-as HYIPs are concerned) such that, with sensible management practices, there is a decent chance that the program could survive for a length of time that is adequate for investors to make a satisfactory level of profit. The Pro plan is the most profitable one although it has a longer term than the Gold plan — which is the next most profitable.
I hope this information is helpful to you.
*********************************
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!
*********************************
Be the first to get most important HYIP news everyday!
Simply Follow EN Facebook, EN Telegram, EN Twitter
or Subscribe to EN Feedburner and submit your email address!
If you like this article, please share it by using the social media buttons below.
