{"id":4798,"date":"2018-09-13T04:07:37","date_gmt":"2018-09-13T04:07:37","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=4798"},"modified":"2018-09-22T03:03:01","modified_gmt":"2018-09-22T03:03:01","slug":"bitgainex-review-2-part-2","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=4798","title":{"rendered":"BitGainex – Review #2\u00a0Part 2"},"content":{"rendered":"

This program moved to CLOSED! Do not invest there!<\/strong><\/p>\n

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

In the Discussion and Conclusion sections that follow, I\u2019m not going to repeat what I wrote in the original review as I did in Part 1<\/a> of this second review of BitGainex<\/a>.<\/p>\n

We now have very different information to work with when compared to the original review of the BitGainex<\/a> program.\u00a0 We really have a new program\u2026<\/p>\n

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

Here is the important information we came up with for the five options discussed in Part 1.<\/p>\n

#1.\u00a0 1.40% per day for 30 days\u00a0\u00a0\u00a0\u00a0 Break even = 30 days<\/em><\/p>\n

#2.\u00a0 1.48% per day for 45 days\u00a0\u00a0\u00a0\u00a0 Break even = 45 days<\/em><\/p>\n

#<\/em>3<\/em>.\u00a0 <\/em>1.93<\/em>% per day for 90 day<\/em>s \u00a0\u00a0\u00a0\u00a0Break even = 52 days<\/em>
\n#<\/em>4<\/em>.\u00a0 <\/em>2.03<\/em>% per day for 180 days<\/em>\u00a0\u00a0\u00a0\u00a0 Break even = 50 days<\/em>
\n#<\/em>5<\/em>.\u00a0 <\/em>2.13<\/em>% per day for 360 days<\/em>\u00a0\u00a0\u00a0\u00a0 Break even = 47 days<\/em><\/p>\n

Note that the daily earnings that are indicated above are also the daily net interest (DNI) for each of these options.<\/p>\n

There are two major changes from the BitGainex<\/a> program as it appeared in our original review:<\/p>\n

    \n
  1. There are two new investment options — 30 day and 45 day.<\/li>\n
  2. The interests paid on the three original long-term options (90, 180, and 360 day) has significantly increased (by 0.53%).<\/li>\n<\/ol>\n

    My opinion is that these changes were made in an effort to attract investors looking for shorter term investment options and to provide an incentive for investors to put their money into the longer-term options.<\/p>\n

    Let\u2019s talk about the two shorter term options first.\u00a0 First of all, the interest they pay is at a sensible level.\u00a0 It is high enough so that the investor makes a decent profit but low enough so that it doesn\u2019t put the survival of the overall program at risk.\u00a0 Specifically, for option #1, 1.4% per day comes out to a weekly profit of 9.8%.\u00a0 In HYIP Insights #23<\/em><\/a>, we suggested that a weekly profit of between 5% and 10% might be a sensible goal to aim for, both from the point of view of profitability as well as from the point of view of survivability of the program.\u00a0 Option #2 is in the same ballpark.\u00a0 These two options don\u2019t break even until the end of the plan when your principal is returned.\u00a0 This is a disadvantage.\u00a0 But, perhaps it is an unavoidable one for short-term low-interest investment plans.\u00a0 At least you recover part of your investment on a day by day basis.<\/p>\n

    As I already indicated, the new higher interest rates will now make the three longer-term options more attractive to the online investor.\u00a0 In HYIP Insights #12<\/em><\/a>, we suggested that programs offering investment plans having DNIs greater than 2% might be at risk from the point of view of long-term survivability.\u00a0 However, these are only our suggestions; they are not rules that are cast in concrete.\u00a0 Furthermore, the DNIs of the three long-term plans aren\u2019t very much higher that this suggestion.\u00a0 So, this would appear to be a borderline case.\u00a0 Of course, these three plans are now quite lucrative.\u00a0 With DNIs in the neighborhood of 2%, your profit will be in the neighborhood of 15% per week.\u00a0 Of course, with higher daily interests, these three options break even much sooner than they did before BitGainex made these recent changes to the program.<\/p>\n

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

    BitGainex<\/a> has added two relatively short-term options to their investment program and has increased the interest paid on its existing three long-term options.\u00a0 These changes will attract investors looking for short-term investment programs and will also serve as an incentive for investors to utilize the existing BitGainex<\/a> long-term investment options.\u00a0 The two short-term options pay a satisfactory return while the three long-term options pay quite well — at a rate that we would say is borderline from the point of view of putting the survivability of the overall program at risk.\u00a0 However, with wise management practices on the part of the program administrators, this might not be a problem.<\/p>\n

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

    I hope this information is helpful.<\/p>\n

    *********************************<\/p>\n

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    This program moved to CLOSED! Do not invest there! Discussion. In the Discussion and Conclusion sections that follow, I\u2019m not going to repeat what I wrote in the original review as I did in Part … BitGainex – Review #2\u00a0Part 2<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":4676,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1591,1600,1596,1597,1599,1633,1679,1598,1601,1602,1603],"class_list":["post-4798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-bitgainex","tag-bitgainex-info","tag-bitgainex-investment-plan","tag-bitgainex-investment-program","tag-bitgainex-news","tag-bitgainex-review","tag-bitgainex-review-2","tag-bitgainex-scam-or-paying","tag-bitgainex-update","tag-bitgainex-updates","tag-bitgainex-com","exalt-entry"],"yoast_head":"\nBitGainex - Review #2\u00a0Part 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=4798\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BitGainex - Review #2\u00a0Part 2 - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"This program moved to CLOSED! 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