{"id":3842,"date":"2018-04-08T05:22:12","date_gmt":"2018-04-08T05:22:12","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=3842"},"modified":"2018-04-26T06:50:37","modified_gmt":"2018-04-26T06:50:37","slug":"snowbit-review-part-2","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=3842","title":{"rendered":"Snowbit – Review Part 2"},"content":{"rendered":"

Discussion of the Snowbit Investment Plans.<\/strong><\/p>\n

In the first part of this review<\/a>, we worked out values for DNI for the first three parts of the Snowbit<\/a> investment plan assuming a number of different lengths of survival time for the program.\u00a0 Here is what we came up with:<\/p>\n

DNI for Different Program Lengths<\/p>\n

30 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 60 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 90 day\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 120 days<\/p>\n

Part #1\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 —–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 —–\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.39%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.67%
\nPart #2\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.17%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.83%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.39%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.67%
\nPart #3\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.17%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.83%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4.39%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4.47%<\/p>\n

We also determined the following breakeven points for these three parts of the investment plan:<\/p>\n

Part #1.\u00a0 67 days
\nPart #2.\u00a0 29 days
\nPart #3.\u00a0 19 days<\/p>\n

In order to complete the picture, here is the basic website information about these three parts of the Snowbit<\/a> investment plan.<\/p>\n

Part #1.\u00a0 $8 – $240.\u00a0\u00a0\u00a0\u00a0 1.50% daily gross interest
\nPart #2.\u00a0 $240 – $1,200.\u00a0\u00a0\u00a0\u00a0 3.50% daily gross interest
\nPart #3.\u00a0 $1,200 – $2,400.\u00a0\u00a0\u00a0\u00a0 5.50% daily gross interest<\/p>\n

 <\/p>\n

OK, with all this information in front of us, we are ready to go\u2026<\/p>\n

<\/a><\/p>\n

Perhaps the most important factor that we should be looking at is DNI as it is the best indicator of a program\u2019s profitability and survivability.\u00a0 This should make sense, I guess.\u00a0 If you make a lot of money from a project, the implication is that it probably is a more risky one.\u00a0 If you only make a little, the implication is that the project will probably be more stable and will be more likely to survive in the long term.\u00a0 Only rarely would a high interest project be a long-term survivor.\u00a0 The reason is simply that the company behind the project will have more trouble sustaining high interest payments than low interest ones.\u00a0 This is very simple and clear logic.<\/p>\n

Well, what is \u201chigh\u201d interest and what is \u201clow\u201d interest?\u00a0 This is a matter of opinion, of course.\u00a0 In HYIP Insights #12<\/em><\/a>, a FOUR PART article, we went into great detail about this.\u00a0 In fact, I believe that this was the article in which we introduced the term, DNI, as a measure of the profitability and survivability of an HYIP.\u00a0 Our suggestion (opinion) in this article was that programs offering investment plans with DNIs that are less than 1% will have a high chance of long term survival whereas programs offering investment plans with DNIs greater than 2% might have a slim chance.\u00a0 DNIs between 1% and 2% are a sort of transition area and programs having investment plans with DNIs in this range could go either way.\u00a0 I emphasize that all this is our OPINION and there will certainly be cases where we will be wrong.\u00a0 However, it is always good to have a rough guide to refer to when making an investment decision.\u00a0 The purpose of these suggestions is to provide such a guide.<\/p>\n

With this as background, if you look at the values for DNI for the three parts of the Snowbit<\/a> investment plan that we are considering, you will see that there are some difficult decisions that the investor will have to make.\u00a0 Part #1 of the plan has low DNIs that suggest long term survivability of the program.\u00a0 In fact, after a year or so, the DNI for this part of the plan will peak out at 1.5% which is perfect for survivability.\u00a0 However, we already have questioned this part of the plan because it doesn\u2019t break even till over two months.\u00a0 This could be a problem because Parts #2 and #3 also have to be factored into the mix.<\/p>\n

The DNI for Part #2 starts out at the top of our range of acceptability and, after only three months, is in the danger zone.\u00a0 The DNI for Part #3 is in the danger zone after only one month.\u00a0 A very important fact is that a program will sink or swim as a unit.\u00a0 The various parts of the investment plan do not die one at a time.\u00a0 The entire program will die.\u00a0 So, you have to look at the combined effect of these parts of the program in order to make an assessment of its survivability.<\/p>\n

A factor that favors the survivability of Snowbit<\/a> and programs like it is that most investors will chose the low interest part of the investment plan because of the low deposit that is required.\u00a0 If ALL investors choose this part of the plan, the program could be a very stable one.\u00a0 However, Part #2 of the plan, with only a minimum investment of around $240, will surely get some takers.\u00a0 The more people that opt for this part of the plan, the greater the chances are that the overall program won\u2019t survive.\u00a0 The situation gets even worse if there are a significant number of investors in Part #3 of the plan.\u00a0 With a minimum investment of around $1,200 there will not be too many.\u00a0 But, I suspect that there will be some.\u00a0 These investors can make a good return if the program survives for only two months or so.\u00a0 But, the obligation of the company to pay high returns to these investors will hurt the overall program.<\/p>\n

Conclusion.<\/strong><\/p>\n

A disadvantage of ANY \u201cperpetual\u201d investment plan is that things get worse and worse for the survivability of the overall program as time goes on.\u00a0 This is very different from a conventional investment plan wherein the program gets a breath of fresh air every time the term of an investor\u2019s investment plan is up and he must REINVEST and put NEW money at risk in order to possibly make a profit again.\u00a0 In short, the idea of \u201cperpetual\u201d earnings is very appealing to the investor.\u00a0 However, it is also risky as the cards are stacked against the survivability of this type of program.\u00a0 This is the case with Snowbit<\/a>.\u00a0 It could be a very lucrative program, especially the last five parts of its investment plan.\u00a0 However, the risk is very great.\u00a0 This is always the situation with the HYIP \u201cGame<\/a>.\u201d\u00a0 However, it seems that programs such as this exacerbate the risks involved.<\/p>\n

I hope that this information has been helpful.<\/p>\n

<\/a><\/p>\n

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Discussion of the Snowbit Investment Plans. In the first part of this review, we worked out values for DNI for the first three parts of the Snowbit investment plan assuming a number of different lengths … Snowbit – Review Part 2<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3837,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1223,1232,1228,1229,1231,1236,1230,1233,1234,1235],"class_list":["post-3842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-snowbit","tag-snowbit-info","tag-snowbit-investment-plan","tag-snowbit-investment-program","tag-snowbit-news","tag-snowbit-review","tag-snowbit-scam-or-paying","tag-snowbit-update","tag-snowbit-updates","tag-snowbit-io","exalt-entry"],"yoast_head":"\nSnowbit - Review Part 2 - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=3842\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Snowbit - Review Part 2 - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"Discussion of the Snowbit Investment Plans. 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