{"id":5349,"date":"2018-11-21T04:18:33","date_gmt":"2018-11-21T04:18:33","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=5349"},"modified":"2019-04-09T04:23:28","modified_gmt":"2019-04-09T04:23:28","slug":"doubly-review","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=5349","title":{"rendered":"Doubly – Review"},"content":{"rendered":"

This program moved on CLOSED.. Beware and do NOT invest there anymore!<\/strong><\/p>\n

Note:\u00a0<\/strong> This review has been modified to correct a mistake that appeared in its original version.\u00a0 We originally assumed that the Doubly <\/a>investment plans are based on CALENDAR days.\u00a0 This is incorrect.\u00a0 They are based on BUSINESS days.\u00a0 The review has now been corrected to account for this.\u00a0 This change makes the program more conservative and increases the likelihood that it will survive in the long-term.<\/p>\n

The Doubly Investment Plans.<\/strong><\/p>\n

In our recent \u201cFirst Thoughts\u201d article about Doubly<\/a>, we summarized its three investment plans in the following way:<\/p>\n

Doubly<\/a>\u00a0offers three investment plans for the online investor.\u00a0 They are easy to understand and all terminate when the investor has doubled his money, meaning he has received a gross income of 200%.\u00a0 Gross daily interest rates range from 2.72% to 4.50%.\u00a0 Working through some quick arithmetic on the back of an envelope tells me that the daily net interests that the program promises are reasonable and are such that the program could be a long-term survivor.\u00a0 So, the financial basis of the program appears to be well-thought-out.\u00a0 We\u2019ll go over the details of these investment plans when we review the program \u2014 which will be sometime in the next few days.\u00a0\u00a0Doubly\u00a0<\/a>will be an easy program to review and I don\u2019t anticipate any unpleasant surprises.\u00a0 Please stand by\u2026<\/p><\/blockquote>\n

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

In addition to this, the Doubly <\/a>website gives us the following information about its three investment plans:<\/p>\n

Standard<\/strong>
\n2.72% for 72 working days
\n.001 BTC minimum<\/p>\n

Exclusive<\/strong>
\n3.67% for 54 working days
\n.025 BTC minimum<\/p>\n

VIP<\/strong>
\n4.50% for 44 working days
\n.500 BTC minimum<\/p>\n

Analysis of the Doubly Investment Plans.<\/strong><\/p>\n

The website also tells us the number of working days to get the \u201creturn on your investment\u201d for each of the investment plans.\u00a0 We usually refer to this as the breakeven point of an investment plan.\u00a0 And, we really don\u2019t need to be told this information since we know that each plan ends when you reach a gross interest of 200% which, of course, corresponds to a net interest of 100%.\u00a0 So, just divide the length of each plan by two to get the breakeven points which, again, the website gives to you.\u00a0 These breakeven points are:<\/p>\n

Plan\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Break even
\nStandard\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 36 working days
\nExclusive\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 27 working days
\nVIP\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22 working days<\/p>\n

Usually, we\u00a0 think in terms of calendar days.\u00a0 Since there are 22 working days in a 30 calendar day month, all we have to do is to multiply all the given working day information by 30\/22 to get the equivalent number of calendar days.\u00a0 Of course, it’s important to remember that you are only receiving interest on working days.\u00a0 OK, if you do this conversion, you will get the following results for calendar days:<\/p>\n

Plan\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Length\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0Break even
\nStandard\u00a0 \u00a0 \u00a0 \u00a0100\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a050
\nExclusive\u00a0 \u00a0 \u00a0 \u00a074\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a037
\nVIP\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a060\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a030<\/p>\n

Next, let\u2019s determine the average daily profit that each of the plans pays you over its duration.\u00a0 This is what we refer to as daily net interest or DNI. \u00a0As I already pointed out, the total net interest for each of the plans is 100%.\u00a0 If you divide this by the number of calendar days in a plan, you get the average daily net interest (DNI). For example, for the Standard Plan, this comes to 1.00% (100\/100).\u00a0 Doing the same arithmetic for the other two investment plans, you get:<\/p>\n

Plan\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DNI
\nStandard\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.00%
\nExclusive\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.35%
\nVIP\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a01.67%<\/p>\n

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

The lower investment limits for the Standard and Exclusive Plans are well within the reach of the average online investor.\u00a0 Even the VIP Plan, with a minimum investment of .5 BTC (in the neighborhood of $3,000), might be doable by the serious investor, although most investors will not take advantage of it.\u00a0 However, that\u2019s exactly the way a higher interest investment plan should work: doable, but not out of sight (as is often the case with many HYIPs).\u00a0 This provides a select group of investors with the opportunity for a higher return — but not so many that the obligation of the company to pay these returns will seriously jeopardize its long-term survival.<\/p>\n

Notice, also, that the times to break even for all of the investment plans are reasonable — between one and two months.\u00a0 And, since your principal is being returned to you during this breakeven period, the amount of your investment that is at risk is gradually decreasing.\u00a0 This is a far better arrangement than the type of investment plan that doesn\u2019t return your investment to you until the end of the plan.<\/p>\n

All of the Doubly<\/a> investment plans are quite profitable.\u00a0 The lowest interest plan, the Standard Plan with a DNI of 1.00%, pays you an average profit of around 7% (1.00 x 7) per week over the length of the plan.\u00a0 This will certainly keep the conservative investor very happy.\u00a0 The Exclusive and VIP Plans pay significantly more, between 9% and 12%.\u00a0 In all cases, always remember that this is an average assuming that the program survives the full length of the investment plan.<\/p>\n

As far as risk is concerned, in HYIP Insights #12<\/em><\/a> we presented an article that suggested that programs offering investment plans with DNIs less than 2% would have a reasonably good chance of long-term survival — assuming that the program is wisely managed.\u00a0 All of the Doubly <\/a>investment plans have DNIs that are well-within this range.<\/p>\n

In short, and as we already indicated in our \u201cFirst Thoughts\u201d article, the Doubly <\/a>investment plans appear to be very well-thought-out.\u00a0 In fact, they conform quite well to the model of an \u201cIdeal\u201d investment plan that we suggested in the article that appeared in HYIP Insights #21<\/em><\/a>.\u00a0 If you\u2019ve forgotten about this article, it would be worth your while to take a second look at it as you scrutinize new HYIPs that come along as possible programs to invest your hard-earned money in.<\/p>\n

Earnings Examples.<\/strong><\/p>\n

The Doubly<\/a> investment plans are very easy to understand in-so-far-as predicting earnings is concerned.\u00a0 As the First Thoughts article indicated, you simply double your money by the end of the investment period.\u00a0 In the Standard Plan, a $50 investment grows to $100, 72 working days later — a net profit of $50.\u00a0 In the VIP Plan, an investment of $4,000 grows to $8,000, 44 working days later — a net profit of $4,000.\u00a0 The neat thing in all these examples is that your investment is being returned to you from the start.\u00a0 In the first case, you are earning around $1.36 per working day (.0272 x 50) which you can see will have you breaking even (earning around $50) in around 36 working days (1.36 x 36) — half the investment period.\u00a0 In the second case, you will be earning $180 per working day (.045 x 4,000) which will have you breaking even in 22 working days (180 x 22).<\/p>\n

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

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

The Doubly <\/a>investment program offers three well-designed investment plans that, by HYIP standards, provide respectable earnings with less than average risk.\u00a0 If we at EmilyNews<\/em> were to put a set of investment plans together, the Doubly<\/a> plans are very close to what we would come up with!\u00a0 With sensible management practices and a revenue stream to back things up, the Doubly<\/a> investment program would seem to offer the online investor the possibility of a respectable passive income for months to come.<\/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":"

This program moved on CLOSED.. Beware and do NOT invest there anymore! Note:\u00a0 This review has been modified to correct a mistake that appeared in its original version.\u00a0 We originally assumed that the Doubly investment … Doubly – Review<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5331,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1830,1832,1855,1856,1831,1857,1838,1833,1834,1841,1840],"class_list":["post-5349","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-doubly","tag-doubly-info","tag-doubly-investment-plan","tag-doubly-investment-program","tag-doubly-news","tag-doubly-review","tag-doubly-scam-or-paying","tag-doubly-update","tag-doubly-updates","tag-doubly-io","tag-httpswww-doubly-io","exalt-entry"],"yoast_head":"\nDoubly - 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=5349\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Doubly - Review - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"This program moved on CLOSED.. 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