{"id":4296,"date":"2018-06-20T05:46:27","date_gmt":"2018-06-20T05:46:27","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=4296"},"modified":"2018-06-20T05:46:27","modified_gmt":"2018-06-20T05:46:27","slug":"news-commentary-459-goex-announces-new-investment-program","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=4296","title":{"rendered":"News Commentary #459 – GoEx Announces New Investment Program"},"content":{"rendered":"

A MUCH Simpler Program!<\/strong><\/p>\n

Some of you might remember that we had to devote most of the first part of our Review <\/a>of the GoEx <\/a>program to explaining how the \u201creinvest\u201d feature of the program works.\u00a0 I didn\u2019t understand it myself at first and it took two long sessions with their very helpful chat agent before I finally thought that I understood it enough to feel comfortable writing about it.\u00a0 After we published our Review<\/a>, I felt sorry for the many many investors who are not readers of EmilyNews<\/em> and who might be interested in the program but simply couldn\u2019t \u201cget\u201d how it worked.\u00a0 I also felt sorry for the folks at GoEx<\/a> as this situation must be losing them a lot of customers.<\/p>\n

Well, thankfully, all this is changed.\u00a0 In a TINY news release that was published a few days ago, GoEx<\/a> announced a HUGE change in its investment program.\u00a0 This will not affect you if you have already invested with them.\u00a0 However, if you are a new investor, here\u2019s how it works; it is SO simple.\u00a0 I can\u2019t help but think that this change will entice many investors who weren\u2019t sure about how the GoEx <\/a>investment program works to move forward with an investment.<\/p>\n

There are actually three investment plans within the overall program although, depending on your point of view, you might regard it all as one investment plan.\u00a0 You decide\u2026<\/p>\n

The interest rate you receive depends on the cryptocurrency that you invest with.\u00a0 If you invest with Bitcash, you will receive 0.9% daily for 154 days.\u00a0 If you invest with Bitcoin, this increases to 1% per day.\u00a0 Finally, if you invest with Ethereum, the return increases to 1.1% per day. \u00a0Like the previous investment program, I am assuming that your investment is not returned at the end of the 154-day period.\u00a0 This is it.\u00a0 Couldn\u2019t be much simpler. \u00a0You might want to compare this to the previous program as described in the Review<\/a>.<\/p>\n

Now, let\u2019s take a quick look at how profitable this new program will be.\u00a0 For the Bitcash investment plan, since you earn 0.9% per day for 154 days, your total gross interest will be 138.6% (154 x .9).\u00a0 Since this includes your investment, you have to subtract 100% from this to get your total net interest which will be 38.6%.\u00a0 Finally, dividing this by the 154-day length of the plan, you get an average daily net interest (or DNI) of 0.25%.\u00a0 Doing the same calculation for the other two cryptocurrencies, you get the following results:<\/p>\n

Coin\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DNI<\/p>\n

BCH\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.25%
\nBTC\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.35%
\nETH\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.45%<\/p>\n

Thinking in terms of the average profit that you will receive per WEEK, you simply multiply these numbers by seven.\u00a0 So, for BCH, you get 1.75%.\u00a0 For BTC, you get 2.45%.\u00a0 And, for ETH, you get 3.15%.\u00a0 By HYIP standards where a DNI of less than 1% is rare, these values are quite low.\u00a0 So, we must say that, again by HYIP standards, this is not a very profitable program.\u00a0 However, the flip side of the coin is that these low values for DNI should greatly increase the probability that the program will be a long term survivor.<\/p>\n

There are still a few other items to consider.\u00a0 A quick point is that I can\u2019t see why anyone would invest with BCH or BTC if ETH pays more.<\/p>\n

It is also useful to take a look at how long it will take these investment plans to break even.\u00a0 You do this by simply dividing 100% by the daily gross interest that a plan offers.\u00a0 Let\u2019s do this for the ETH plan which is the most profitable one and will break even the quickest.\u00a0 Doing the division, you get around 91 days.\u00a0 Three months is a long time in the HYIP world.\u00a0 Perhaps since GoEx <\/a>offers such modest returns, the company will be around longer than this, ideally much much longer.\u00a0 But, the cautious investor should be aware that, if it take three months to break even, it will take six months to double your money.<\/p>\n

A final point in favor of the overall program is that you ARE recovering your investment on a day by day basis since you are receiving a daily return.\u00a0 This is a major improvement over the \u201creinvest\u201d option of the original GoEx <\/a>program where all your earnings are held until the program ends.\u00a0 That is probably the riskiest type of investment program of all.<\/p>\n

I hope that this information about the new GoEx<\/a> investment program is helpful to you.<\/p>\n

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

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A MUCH Simpler Program! Some of you might remember that we had to devote most of the first part of our Review of the GoEx program to explaining how the \u201creinvest\u201d feature of the program … News Commentary #459 – GoEx Announces New Investment Program<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":4236,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[1406,1415,1411,1412,1414,1419,1413,1416,1417,1418,1405],"class_list":["post-4296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information","tag-goex","tag-goex-info","tag-goex-investment-plan","tag-goex-investment-program","tag-goex-news","tag-goex-review","tag-goex-scam-or-paying","tag-goex-update","tag-goex-updates","tag-goex-pro","tag-httpsgoex-proinvestingrefemilynews-com","exalt-entry"],"yoast_head":"\nNews Commentary #459 - GoEx Announces New Investment Program - 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=4296\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"News Commentary #459 - GoEx Announces New Investment Program - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"A MUCH Simpler Program! 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