{"id":5748,"date":"2019-01-07T04:56:56","date_gmt":"2019-01-07T04:56:56","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=5748"},"modified":"2019-07-02T11:52:30","modified_gmt":"2019-07-02T11:52:30","slug":"coinextender-review-part-1","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=5748","title":{"rendered":"CoinExtender – Review Part 1"},"content":{"rendered":"

This program moved to PROBLEM! Beware and do NOT invest there!<\/strong><\/p>\n

This program launched its Bitcoin vesrion with different website. <\/b>The review will be updated SOON!<\/b><\/p>\n

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

We just published our \u201cFirst Thoughts\u201d article on CoinExtender<\/a> and I\u2019m embarrassed to say that we made a serious oversight.\u00a0 When you look at the listing of the investment plans that is given in the website, the five of them with the lowest interest rates appear on the page.\u00a0 I didn\u2019t realize that you can scroll to the right to reveal information on four MORE investment plans that offer higher interest rates.\u00a0 So, there are a total of NINE investment plans and we will have to correct this as we review the program.\u00a0 A helpful addition to the website would be a sentence indicating that there are, indeed, nine investment plans.\u00a0 We also made a typographical error that I will point out and correct shortly.<\/p>\n

All this said, and keeping the above in mind, let\u2019s begin with what we said about the CoinExtender<\/a> investment plans in the First Thoughts article and build on that.<\/p>\n

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

First, all transactions take place in DogeCoin (XDG).\u00a0 This might not be a surprise, however, since DogeCoin is the coin that they are mining.<\/p>\n

Second, the minimum investments for the investment plans are very low.\u00a0 As I write this, one USD trades for around 432 XDG.\u00a0 So, the lowest interest plan, with a minimum investment of 1,000 XDG, converts to around a minimum investment of only around $2.\u00a0 At the other end of the spectrum, the highest interest plan, with a minimum of 50,000 XDG, converts to a minimum of around $116, which will still be a doable amount for the serious online investor.\u00a0 So, I suspect that this highest interest plan will be the most popular one.\u00a0\u00a0All of the investment plans are 90 days long.<\/p>\n

Third, interest rates are somewhat camouflaged.\u00a0 The table of investment plans gives the minimum investment in XDG as well as the daily return in XDG.\u00a0 If you divide the return by the minimum investment, you will get the daily percent return for the plan.\u00a0 As an example, for the lowest interest plan with a minimum investment of 1,000 XGM, the daily return is 14.5 XGM.\u00a0 Dividing 14.5 by 1,000 (and multiplying by 100) you get that the percent return is 14.5%.<\/p>\n

Fourth, although it is not explicitly stated, it appears that your investment is returned as part of your earnings.<\/p><\/blockquote>\n

OK, let\u2019s correct the typo.\u00a0 In the third item on the list above, the percent return should be 1.45% rather than 14.5%.\u00a0 That taken care of, we can proceed to talk about the CoinExtender<\/a> investment plans — all nine of them.<\/p>\n

Here\u2019s the information that the website gives for each of the investment plans:<\/p>\n

Starter<\/strong>
\n1,000 to 5,000 XDG
\n14.5 XDG\/day<\/p>\n

Basic<\/strong>
\n5,000 to 10,000 XDG
\n74.5 XDG\/day<\/p>\n

Standard<\/strong>
\n10,000 to 25,000 XDG
\n153 XDG\/day<\/p>\n

Premium<\/strong>
\n25,000 to 50,000 XDG
\n392 XDG\/day<\/p>\n

Exclusive<\/strong>
\n50,000 to 100,000 XDG
\n805 XGD\/day<\/p>\n

Enterprise<\/strong>
\n100,000 to 500,000 XDG
\n1,650 XGD\/day<\/p>\n

Platinum<\/strong>
\n500,000 to 1,000,000 XDG
\n8,450 XGD\/day<\/p>\n

VIP<\/strong>
\n1,000,000 to 2,000,000 XDG
\n17,300 XGD\/day<\/p>\n

VIP Plus<\/strong>
\n2,000,000 and up XDG
\n35,400 XGD\/day<\/p>\n

You can see that, working with DogeCoin, we are dealing with some VERY big numbers.\u00a0 To put this into perspective, as we did in the First Thoughts article, let\u2019s convert these numbers into dollars using the conversion of 432 XGD equals one USD.\u00a0 To save paper, we\u2019ll also come up with the daily percent earnings that each of the investment plans pay — like we did in item three of the First Thoughts article.\u00a0 These two changes will make the CoinExtender<\/a> investment plans much easier to understand.\u00a0 It is, of course, important to remember that the conversion from XGD to USD changes on a daily basis.\u00a0 So, the numbers that we come up with will be rough.\u00a0 However, they will still make the plans easier to relate to.\u00a0 The daily percent earnings will be correct.\u00a0 Proceeding exactly like we did in the First Thoughts article for all of the nine investment plans, here\u2019s what you will come up with:<\/p>\n

Starter<\/strong>
\n$2 to $12
\n1.45%\/day<\/p>\n

Basic<\/strong>
\n$12 to $23
\n1.49%\/day<\/p>\n

Standard<\/strong>
\n$23 to $58
\n1.53%\/day<\/p>\n

Premium<\/strong>
\n$58 to $116
\n1.57%\/day<\/p>\n

Exclusive<\/strong>
\n$116 to $231
\n1.61%\/day<\/p>\n

Enterprise<\/strong>
\n$231 to $1,460
\n1.65%\/day<\/p>\n

Platinum<\/strong>
\n$1,460 to $2,315
\n1.69%\/day<\/p>\n

VIP<\/strong>
\n$2,315 to $4,630
\n1.73%\/day<\/p>\n

VIP Plus<\/strong>
\n$4,630 and up
\n1.77%\/day<\/p>\n

Now things look more like a conventional set of investment plans and may be more understandable to you.\u00a0 Next, we will take a closer look at these plans\u2026<\/p>\n

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

When we analyze an investment plan, we typically take a look at two items: the time it takes for the plan to break even and the average daily net interest (DNI) that the plan pays.\u00a0 Remember that DNI is the total net interest, or profit, that you earn from an investment plan averaged out over the life of the plan.\u00a0 It should be clear that, in any investment plan, your profit is zero until you break even.\u00a0 After that, your earnings are \u201cpure\u201d profit.\u00a0 DNI averages this pure profit out over the entire length of the investment plan.\u00a0 DNI might be the best measure of profitability (and risk!) of an investment plan.\u00a0 Let\u2019s begin by getting this information for the \u201cStarter\u201d plan.<\/p>\n

Breakeven point is easy to obtain.\u00a0 You simply divide 100% by the daily gross interest that an investment plan pays. For the Starter plan, you divide 100% by 1.45% to get that the plan breaks even in around 69 days.\u00a0 To get DNI, we first determine the total gross interest paid by multiplying the daily gross interest of 1.45% by the 90-day length of the plan.\u00a0 The result is 130.5%.\u00a0 Since this includes your investment, you must subtract 100% from it to get your total net interest.\u00a0 For the Starter plan, this will be 30.5%.\u00a0 Finally, dividing this by the 90-day length of the plan, you get the average daily net interest (DNI) for the plan of 0.34%.<\/p>\n

Doing these calculations for all of the investment plans, you get the following results:<\/p>\n

Plan\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Break Even\u00a0\u00a0\u00a0\u00a0\u00a0 Total Gross Int \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DNI<\/p>\n

Starter\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 69 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 130.5%\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 0.34%
\nBasic\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 68 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 134.1%\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 0.38%
\nStandard\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 66 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 137.7%\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 0.42%
\nPremium\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 64 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 141.3%\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 0.46%
\nExclusive\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 63 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 144.9%\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 0.50%
\nEnterprise\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 61 days\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 148.5%\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 0.54%
\nPlatinum\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 60 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 152.1%\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 0.58%
\nVIP\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 58 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 155.7%\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 0.62%
\nVIP Plus\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 57 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 159.3%\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 0.66%<\/p>\n

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

OK, we\u2019ve come up with a lot of numbers!\u00a0 In Part 2<\/a> of this review we will discuss them and try to nail down the pros and cons of this very interesting and unusual investment program.\u00a0 We\u2019ll also plug in some numbers so that you will be able to get an idea as to how much money you will be able to make from it.\u00a0 We should be able to publish the second part of this review within the next day or two.\u00a0 Please stand by\u2026<\/p>\n

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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

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Be the first to get most important HYIP news everyday!
\nSimply Follow EN Facebook<\/strong><\/a>, EN Telegram<\/strong><\/a>, EN Twitter<\/strong><\/a>
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If you like this article, please share it by using the social media buttons below.<\/p>\n","protected":false},"excerpt":{"rendered":"

This program moved to PROBLEM! Beware and do NOT invest there! This program launched its Bitcoin vesrion with different website. The review will be updated SOON! The CoinExtender Investment Plans. We just published our \u201cFirst … CoinExtender – Review Part 1<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5746,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1963,1971,1968,1969,1970,1977,1974,1972,1973,1976,1978,1975],"class_list":["post-5748","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-coinextender","tag-coinextender-info","tag-coinextender-investment-plan","tag-coinextender-investment-program","tag-coinextender-news","tag-coinextender-review","tag-coinextender-scam-or-paying","tag-coinextender-update","tag-coinextender-updates","tag-coinextender-com","tag-dogecoin-mining","tag-httpswww-coinextender-com","exalt-entry"],"yoast_head":"\nCoinExtender - Review Part 1 - 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=5748\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoinExtender - Review Part 1 - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"This program moved to PROBLEM! 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