{"id":5237,"date":"2018-11-10T05:06:39","date_gmt":"2018-11-10T05:06:39","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=5237"},"modified":"2019-04-05T04:22:56","modified_gmt":"2019-04-05T04:22:56","slug":"bitaeon-review","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=5237","title":{"rendered":"BitAeon – Review"},"content":{"rendered":"

After many cycles of getting profit the program ended and therefore moved on CLOSED status…<\/strong><\/p>\n

The BitAeon Investment Plan.<\/strong><\/p>\n

In our \u201cFirst Thoughts\u201d article about BitAeon<\/a>, we provided a little bit of information about the company and also summarized its single investment plan in the following way:<\/p>\n

BitAeon\u00a0<\/a>offers only one investment plan.\u00a0 For the investor, this simplifies things a great deal. \u00a0It\u2019s what we refer to as a \u201cperpetual\u201d investment plan, which means simply that you invest once and you earn forever \u2014 like a standard bank account (but with a MUCH higher interest rate).\u00a0 The interest rate is 3% on business days and 1.5% on weekends.\u00a0 The minimum deposit is .005 BTC \u2014 around $30 \u2014 and it looks like the sky is the limit on the other end.\u00a0 Unlike many online investment plans, you can back out of the program at any time (after the first 24 hours).\u00a0 Or, you can withdraw a portion of your deposit.\u00a0 However, there is a 10% penalty if you do this.\u00a0 To sweeten the pot \u2014 and add a bit more risk for the adventuresome investor \u2014 compounding is available (up to 100%).\u00a0 However, it looks like additions to your principal due to compounding cannot be withdrawn and this is something that I will verify one way of the other when we review the program.\u00a0 The review will be available in a few days.\u00a0 Please stand by\u2026<\/p><\/blockquote>\n

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

Concerning the question of whether or not funds added to an investor\u2019s initial deposit can be withdrawn, I contacted BitAeon\u2019s customer service and was pleased to receive the following response:<\/p>\n

If you add funds to your active deposit by enabling compounding you can return all of your funds (total deposit) at any time.<\/p><\/blockquote>\n

This has serious (beneficial) implications for the adventuresome investor and we\u2019ll get to that later on in the \u201cDiscussion\u201d part of this review.<\/p>\n

Analysis of the BitAeon Investment Plan.<\/strong><\/p>\n

The BitAeon <\/a>plan pays 3% interest on weekdays and half that, 1.5%, on weekends.\u00a0 This make sense as this is more apt to correspond to when the company receives its own revenue.\u00a0 However, to simplify our own arithmetic, let\u2019s combine these two numbers and come up with an average daily return.\u00a0 The total weekly interest earned from this plan will be five times 3% and two times 1.5%, a total of 18%.\u00a0 Dividing this by seven, the number of days in a week, we get an average daily interest of around 2.57%.\u00a0 This type of simplification is very useful in analyzing an HYIP investment plan.\u00a0 Remember, we are looking at the big picture.\u00a0 As the saying goes, \u201cdon\u2019t lose sight of the forest because of the trees.\u201d<\/p>\n

OK, with this kind of average return, how long will it take the investor to break even?\u00a0 That\u2019s easy to determine.\u00a0 Just divide 100% by 2.57% to get around 39 days, around five weeks.<\/p>\n

The other thing we determine when analyzing an investment plan is the average daily net interest (DNI) you receive from it.\u00a0 You know that at the beginning of an investment plan you aren\u2019t making anything but, rather, are biting your nails waiting to break even.\u00a0 However, after breaking even, your earnings are pure profit.\u00a0 DNI averages this out over the entire length of an investment plan.\u00a0 Obviously, with a \u201cperpetual\u201d plan such as this, we have a problem as we don\u2019t know how long the program will last!\u00a0 The longer it lasts, the higher the DNI will be.\u00a0 If the program should close in a matter or weeks, it could be a big fat zero.<\/p>\n

So, the best we can do is to assume a lifetime for the program.\u00a0 We\u2019ll make four assumptions, three, six, nine, and twelve months.\u00a0 Let\u2019s see what the DNI comes out to be in each of these cases.\u00a0 For three months, or 90 days, the total gross interest that you will earn is 90 times the average daily gross interest of 2.57% or around 213%.\u00a0 Subtracting 100% from this to account for the fact that it includes your deposit, you come up with a total net interest of 113%.\u00a0 Finally, dividing this by the assumed 90-day investment period, your daily net interest will be around 1.26%.\u00a0 If you do the same arithmetic for the other assumed lengths of the plan, you would get the following results:<\/p>\n

Days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DNI
\n90\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.26%
\n180\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.01%
\n270\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.20%
\n360\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 2.29%<\/p>\n

The longer the program survives, the higher the DNI will become, the limit being the 2.57% gross daily return that the investment plan pays.\u00a0 I\u2019m not going to bother to try to figure out how long it will take for you to get to that point.\u00a0 Perhaps, to put round numbers on all this, you should note that you will be making an average of over 2% profit per day after six months.\u00a0 In ball park figures, that comes to around 15% per week and up — which is pretty good!<\/p>\n

It is also important to remember that, in the BitAeon <\/a>program, you can quit and get a refund at any time (minus a 10% penalty).\u00a0 So, if, after six months or so, you decide you have had enough, you can always back out and get a refund.<\/p>\n

Discussion.\u00a0<\/strong><\/p>\n

I believe that a lot of thought was devoted to the numbers behind this program.\u00a0 First of all, an investor will break even in only a little more than a month.\u00a0 Compared to many HYIPs, this isn\u2019t a very long period and, although there is never a guarantee, the chances are that the program will survive at least this long — ideally a lot lot longer.<\/p>\n

And, what are the chances of it surviving a lot longer?\u00a0 Here\u2019s where we always take a look at the DNI offered by an investment plan.\u00a0 In HYIP Insights #12<\/em><\/a>, we suggested that programs offering investment plans with DNIs higher than 2% might have trouble surviving in the long term.\u00a0 Well, this is only our \u201csuggestion.\u201d\u00a0 And, 2.57% is not a whole lot higher than 2%.\u00a0 It is certainly not as high as some of the DNIs we have uncovered for investment plans in other HYIPs we have reviewed which can be 5%, 10%, and even much much higher.\u00a0 The point is that, with wise management practices, the administrators of this program might be able to make it work and that investors could come out way ahead.<\/p>\n

This investment plan also permits compounding!\u00a0 In HYIP Insights #11<\/em><\/a>, we presented a three-part article entitled \u201cIs Compounding a Miracle or a Monster.\u201d\u00a0 You can make a LOT of money by compounding your earnings.\u00a0 But, you can also lose everything.\u00a0 I have done both!\u00a0 Please read this article first if you are considering utilizing the compounding feature of this investment plan.\u00a0 There is too much to be said about it in order to do it justice in a small review article such as this.\u00a0 If fact, the main reason that we write these HYIP Insights articles is to provide you, the reader, with a reference library that you can go to for further information that we feel is helpful to the HYIP investor.<\/p>\n

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

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

BitAeon<\/a> offers a single \u201cperpetual\u201d investment plan.\u00a0 It pushes profitability to the limit while not becoming overtly risky — although it will obviously be a riskier program than one paying lower interests.\u00a0 So, this program might be best suited to the more adventuresome investor.\u00a0 To spice things up even more, the investment plan offers compounding.\u00a0 This can further increase profitability, again with increased risk.\u00a0 A very nice feature of the investment plan is that you can have your entire deposit refunded at any time.\u00a0 This is rare in the HYIP world.<\/p>\n

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

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

If one of the paying programs on our Monitor appeals to you, please support EmilyNews<\/em> by registering for it on our website. Thanks very very much!<\/p>\n

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

Be the first to get most important HYIP news everyday!
\nSimply Follow EN Facebook<\/strong><\/a>, EN Telegram<\/strong><\/a>, EN Twitter<\/strong><\/a>
\nor Subscribe to EN Feedburner<\/a><\/strong> and submit your email address!<\/p>\n

If you like this article, please share it by using the social media buttons below.<\/p>\n","protected":false},"excerpt":{"rendered":"

After many cycles of getting profit the program ended and therefore moved on CLOSED status… The BitAeon Investment Plan. In our \u201cFirst Thoughts\u201d article about BitAeon, we provided a little bit of information about the … BitAeon – Review<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5224,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1809,1817,1814,1815,1818,1823,1816,1819,1820,1822,1821],"class_list":["post-5237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-bitaeon","tag-bitaeon-info","tag-bitaeon-investment-plan","tag-bitaeon-investment-program","tag-bitaeon-news","tag-bitaeon-review","tag-bitaeon-scam-or-paying","tag-bitaeon-update","tag-bitaeon-updates","tag-bitaeon-io","tag-httpswww-bitaeon-io","exalt-entry"],"yoast_head":"\nBitAeon - Review - 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=5237\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BitAeon - Review - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"After many cycles of getting profit the program ended and therefore moved on CLOSED status… The BitAeon Investment Plan. In our \u201cFirst Thoughts\u201d article about BitAeon, we provided a little bit of information about the … BitAeon – ReviewRead more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/emilynews.com\/blog\/?p=5237\" \/>\n<meta property=\"og:site_name\" content=\"EmilyNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-10T05:06:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-05T04:22:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/ba.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"200\" \/>\n\t<meta property=\"og:image:height\" content=\"200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Emilynews\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/ba.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emilynews\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5237\",\"url\":\"https:\/\/emilynews.com\/blog\/?p=5237\",\"name\":\"BitAeon - Review - EmilyNews\",\"isPartOf\":{\"@id\":\"https:\/\/emilynews.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5237#primaryimage\"},\"image\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5237#primaryimage\"},\"thumbnailUrl\":\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/ba.jpg\",\"datePublished\":\"2018-11-10T05:06:39+00:00\",\"dateModified\":\"2019-04-05T04:22:56+00:00\",\"author\":{\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33\"},\"breadcrumb\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5237#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/emilynews.com\/blog\/?p=5237\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5237#primaryimage\",\"url\":\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/ba.jpg\",\"contentUrl\":\"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/ba.jpg\",\"width\":200,\"height\":200},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=5237#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/emilynews.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BitAeon – Review\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/emilynews.com\/blog\/#website\",\"url\":\"https:\/\/emilynews.com\/blog\/\",\"name\":\"EmilyNews\",\"description\":\"EmilyNews Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/emilynews.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33\",\"name\":\"Emilynews\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g\",\"caption\":\"Emilynews\"},\"url\":\"https:\/\/emilynews.com\/blog\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BitAeon - Review - EmilyNews","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/emilynews.com\/blog\/?p=5237","og_locale":"en_US","og_type":"article","og_title":"BitAeon - Review - EmilyNews","og_description":"After many cycles of getting profit the program ended and therefore moved on CLOSED status… The BitAeon Investment Plan. In our \u201cFirst Thoughts\u201d article about BitAeon, we provided a little bit of information about the … BitAeon – ReviewRead more","og_url":"https:\/\/emilynews.com\/blog\/?p=5237","og_site_name":"EmilyNews","article_published_time":"2018-11-10T05:06:39+00:00","article_modified_time":"2019-04-05T04:22:56+00:00","og_image":[{"width":200,"height":200,"url":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/ba.jpg","type":"image\/jpeg"}],"author":"Emilynews","twitter_card":"summary_large_image","twitter_image":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/ba.jpg","twitter_misc":{"Written by":"Emilynews","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/emilynews.com\/blog\/?p=5237","url":"https:\/\/emilynews.com\/blog\/?p=5237","name":"BitAeon - Review - EmilyNews","isPartOf":{"@id":"https:\/\/emilynews.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/emilynews.com\/blog\/?p=5237#primaryimage"},"image":{"@id":"https:\/\/emilynews.com\/blog\/?p=5237#primaryimage"},"thumbnailUrl":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/ba.jpg","datePublished":"2018-11-10T05:06:39+00:00","dateModified":"2019-04-05T04:22:56+00:00","author":{"@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33"},"breadcrumb":{"@id":"https:\/\/emilynews.com\/blog\/?p=5237#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/emilynews.com\/blog\/?p=5237"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/emilynews.com\/blog\/?p=5237#primaryimage","url":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/ba.jpg","contentUrl":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/11\/ba.jpg","width":200,"height":200},{"@type":"BreadcrumbList","@id":"https:\/\/emilynews.com\/blog\/?p=5237#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/emilynews.com\/blog"},{"@type":"ListItem","position":2,"name":"BitAeon – Review"}]},{"@type":"WebSite","@id":"https:\/\/emilynews.com\/blog\/#website","url":"https:\/\/emilynews.com\/blog\/","name":"EmilyNews","description":"EmilyNews Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/emilynews.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33","name":"Emilynews","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g","caption":"Emilynews"},"url":"https:\/\/emilynews.com\/blog\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5237"}],"version-history":[{"count":0,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/5237\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/media\/5224"}],"wp:attachment":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}