NexTradeBox has now been listed on the EmilyNews monitor for over three months. We regard three months as a sort of “turning point” in the HYIP business simply because not very many online investment programs will survive this long. What we’d like to do in this fourth review of NexTradeBox is to offer explanations as to why the program has survived for this length of time and then try to see if we can get a grip on the probability of the program surviving into the future.
In the way of review, if you refer to the website, it is unfortunate that NexTradeBox really doesn’t say very much about how it generates its revenue. In only one sentence they claim that they are “the first and the best in online trading” of cryptocurrencies and then they go on to say in another sentence that they offer “a profitable trading access to international markets in multiple asset classes including currencies, commodities, energies, global shares and cryptos.” That’s it and, obviously, that isn’t very much to go on. So, the investor will have to depend more on the STRUCTURE of the NexTradeBox program rather than on its purported means of income generation…
Fortunately, NexTradeBox excels in this department. You might be curious as to why this is the fourth review of the program. The reason is that, after our first review of the program, NexTradeBox made two major revisions of its investment plan offerings. The result is a fine-tuned set of plans that is very conservative, and that could possibly prove to provide a decent source of passive long-term income for the online investor. Here is what the investment plans look like now:
- ST Plan
- 0.40% daily for 720 days
- Min deposit $25
- AD Plan
- 0.56% daily for 360 days
- Min deposit $100
- PR Plan
- 0.86% daily for 180 days
- Min deposit $200
- MS Plan
- 1.00% daily for 150 days
- Min deposit $400
- EX Plan
- 1.20% daily for 120 days
- Min deposit $800
- LG Plan
- 1.50% daily for 90 days
- Min deposit $1000
The most noteworthy thing about these investment plans is that they are very long-term. Specifically, the ST and AD Plans are two years and one year long, respectively. That’s a very long time in the HYIP business and only rarely will a program survive for this length of time. The PR Plan, with a length of a half year, is a borderline case. Yes, a number of programs DO survive this long, but is still unusual. I suspect that investors in this program have thought about ann this and have tried, wherever possible, to invest in the three higher interest plans. Their terms are all less than one-half year. However, they require a minimum investment of at least $400.
When we analyzed these investment plans, we came up with the following breakeven points and DNIs for each of them:
- Plan DNI Days to Break Even
- ST 0.26% 250 days
- AD 0.28% 179 days
- PR 0.30% 117 days
- MS 0.33% 100 days
- EX 0.37% 84 days
- LG 0.39% 67 days
Looking at the breakeven points, you can see that now, as we are nearly 100 days into the program, only the three highest interest investment plans have broken even. As I already pointed out, these three plans all have minimum deposit equirements of $400 or more. The lower interest plans, that have the lower minimum deposit requirements, still have a long way to go before breaking even. In particular the ST and AD Plans, which are two years long and one year long, respectively, have months to go before they will be “in profit.” Because of the extreme length of these plans, they are probably quite risky. Again, very few HYIPs survive this long. It is probably wiser for the online investor to try to come up with at least the $200 required for the PR Plan which is “only” one half year long and breaks even in 117 days. This is coming up soon.
So, at this point in the game, some of the investors with NexTradeBox are beginning to break even and will be earning “pure profit.” However, I would guess that, even if NexTradeBox is a completely imaginary program, the program is still ahead of the game as income it has generated so far is probably greater than expenditures it has made in paying its interest obligations to investors. And, I will guesstimate that NexTradeBox will still be ahead of the game for a number of months to come. After that, everything will depend on the legitimacy of the company and on how much income it really makes from its claimed investment activities.
So, to sum all this up, NexTradeBox offers an array of six well-designed long-term investment plans. Half of them are VERY long-term with lengths of one-half year or more. The other three are shorter term with the shortest length being 90 days (three months) — which is still considerable. Minimum investment amounts are reasonable with even the highest interest/shortest term plan requiring only $1,000. Of course, this is still rather high, but not nearly as high as minimum interests that are often seen in the HYIP business.
In general, NexTradeBox appears to be doing well at present as an online investment platform. It is probable that they will remain in business for at least a number of months to come as the amount of money they have paid out in interest probably is nowhere near the revenue they have made. In the long term (and this is what investors in their VERY long-term plans have to think about), everything will depend both on how well the administration of the program manages things as well as on actual revenue made from the company’s claimed investment activities.
I suppose that all of what we have said here is common sense. However, I hope that it will be useful to some of our readers.
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