Publishes Brief Reminder Update.
We recently listed Instant Bitex (reviewed here) on the EmilyNews monitor even though they have been online for quite a long time. In fact, as a very brief update from them points out, they have been online for over 365 working days. That happens to be the length of their three investment plans. So, investors with them who signed up at the beginning of their online activity are smiling now. The Instant Bitex investment plans are exceptionally long term and you probably already know that 365 working days converts to around 498 calendar days — well over 16 months.
For those of you that have forgotten about the Instant Bitex investment plans, here’s how we introduced them in our First Thoughts article a few weeks ago:
For the investor, Instant Bitex offers three investment plans. They are unusual in a number of ways. First, they are all 365 business days long. Since there are roughly 22 business days in a 30-day month, you can multiply 365 by the conversion factor 30/22 to get that the plans are roughly 498 calendar days long. That’s over one year and four months long — which is a long time. So, even though the program has been online for over a year, none of its investors have yet completed a full investment cycle. Second, interests are modest and are 0.5%, 1.0%, and 1.5% per business day for the three plans. On a calendar day basis, the rates would, of course, be even lower. These relatively low returns are at last a partial explanation for the longevity the program has so far achieved. Third, a nice perk is that there is a significant deposit bonus for each of the three investment plans. It is a fixed amount for each plan so that, if you invest a smaller amount, you will benefit more from the bonus. You can even double your deposit amount!
Following our First Thoughts article, we published a very extensive review of Instant Bitex. Here is our concluding statement from the review:
Instant Bitex offers three very long-term investment plans. The interest rates that are listed for each of the plans are very modest by HYIP standards. However, each investment plan also provides a fixed deposit bonus that applies equally to any deposit made in the plan. So, by depositing the MINIMUM permissible amount in an investment plan, the bonus will have the greatest effect. Unless there is a rule forbidding it, it would appear that the most profitable means of investing with this program is to make multiple deposits of the minimum permissible amount in an investment plan. It works out that the Silver and Gold Plans are equally profitable when you invest the minimum permissible amount. So, there might be no advantage to investing in the Gold Plan.
Finally, here’s the very brief update from Instant Bitex:
Trade & Invest Crypto. Invest and get daily up to 1.5% profits in your crypto assets for 365 working days. Successfully completed 365 working days and entering into second year. Refer your friends and family and get 10% commission on their investments. Check our investment packages.
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