{"id":5850,"date":"2019-01-14T04:16:07","date_gmt":"2019-01-14T04:16:07","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=5850"},"modified":"2019-01-21T06:06:10","modified_gmt":"2019-01-21T06:06:10","slug":"bitwex-review-part-1","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=5850","title":{"rendered":"Bitwex – Review Part 1"},"content":{"rendered":"

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

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

Bitwex <\/a>offers three easy-to-understand investment plans.\u00a0 In our recent \u201cFirst Thoughts<\/a>\u201d article about Bitwex<\/a>, we introduced the plans in the following way:<\/p>\n

They all provide a daily return that includes your investment as part of it.\u00a0 The lengths of the plans vary from a maximum of 60 days to a minimum of 12 days and the gross daily interest returns vary from a minimum of 3% for the longest-term plan to a maximum of 10% for the shortest-term plan.\u00a0 So, it looks like there might be something for almost all types of investors \u2014 from those looking for a modest more long-term investment plan to those looking for a shorter-term more lucrative plan.\u00a0 A quick mental calculation tells me that the plans are sufficiently profitable to be attractive to almost all online investors \u2014 but not so profitable that it would appear to be impossible for the program to survive in the long term.\u00a0 We\u2019ll take a closer look at the three\u00a0Bitwex<\/a>\u00a0investment plans when we review the program.\u00a0 The review should be complete within the next day of two.\u00a0 Please stand by\u2026<\/p><\/blockquote>\n

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

Here’s the important information for the three Bitwex <\/a>investment plans from the company website:<\/p>\n

Starter<\/strong>
\n3%\/day for 60 days
\n$30 – $5,000<\/p>\n

Pro<\/strong>
\n6%\/day for 25 days
\n$250 – $1,000,000<\/p>\n

Gold<\/strong>
\n10%\/day for 12 days
\n$500 – $50,000<\/p>\n

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

First of all, a quick comment concerning the maximum permissible investments in the various plans.\u00a0 I don\u2019t think that these amounts should be taken seriously.\u00a0 As a rule, we do NOT recommend that the investor put a lot of money into ANY online investment program unless the program can prove that it has a reputation equivalent to a company offering stock shares listed on a major exchange or even to a bank.\u00a0 HYIPs of this quality are few and far between.\u00a0 Perhaps there is NO such animal at all.\u00a0 It is wisest to treat investment with HYIPs as a game rather than as a serious source of long-term income.\u00a0 We wrote an article about this in HYIP Insights #4<\/em> that you can read here<\/a>.<\/p>\n

All this is not to detract from Bitwex<\/a>; my remarks in the preceding paragraph apply to ANY online investment program.<\/p>\n

OK, all this said, let\u2019s talk about the Bitwex <\/a>investment plans.\u00a0 When analyzing such plans, there are two items that we determine: breakeven points and the average daily net interest (DNI) that the plans pay.<\/p>\n

Remember that DNI is the total net interest or profit that you earn from a company divided by the number of days in the investment plan.\u00a0 As we all know, in an online investment plan, your profit is zero until you break even.\u00a0 But, after that, your entire return is pure profit.\u00a0 DNI averages this profit out over the entire length of the investment plan.\u00a0 So, DNI is a great way to compare one investment plan with another as it combines the effects of BOTH interest rate and duration of the plan.\u00a0 If you look at the three Bitwex<\/a> investment plans, can you tell which one is really the most profitable?\u00a0 I doubt it.\u00a0 This information is camouflaged.\u00a0 DNI removes this camouflage!\u00a0 You are faced with the same dilemma when you look at any set of investment plans or when you compare the investment plans of one HYIP with those of another.<\/p>\n

I\u2019m rambling again.\u00a0 Let\u2019s get to work\u2026<\/p>\n

First, let\u2019s determine the breakeven points for the three Bitwex <\/a>investment plans.\u00a0 This is very simple to do.\u00a0 You simply divide 100% by the daily gross interest that the plan pays.\u00a0 As an example, for the Starter Plan, you divide 100% by 3% to get that the plan breaks even in 34 days.\u00a0 If you do the same arithmetic, you get the following breakeven points for the other two plans:<\/p>\n

Plan\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Days to Break Even
\nStarter\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a034
\nPro\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 17
\nGold\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 10<\/p>\n

To determine DNI, you must first determine the total gross interest that you receive from an investment plan.\u00a0 That equals the daily gross interest multiplied by the number of days in the plan.\u00a0 For the Starter plan, you multiply 3% by 60 days to get 180%.\u00a0 Since this is GROSS interest and includes your investment, you must subtract 100% to get the total NET interest which, in this case, will be 80%.\u00a0 Finally, dividing 80% by 60 days, you get 1.33%, the average daily net interest or DNI for the investment plan.\u00a0 Again, if you do this same arithmetic for the other two investment plans, you will get the following results:<\/p>\n

Plan\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DNI
\nStarter\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a01.33%
\nPro\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.00%
\nGold\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a01.67%<\/p>\n

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

Do you notice anything unusual here?\u00a0 You should!\u00a0 We\u2019ll discuss the results of this analysis of the Bitwex <\/a>investment plans in Part 2 of the review<\/a>.\u00a0 In Part 2 we will also work a few examples of earnings for the Bitwex <\/a>investment plans as well as try to determine their pros and cons.\u00a0 Part 2 should be ready for publication in a 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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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 CLOSED! Do not invest there! The Bitwex Investment Plans. Bitwex offers three easy-to-understand investment plans.\u00a0 In our recent \u201cFirst Thoughts\u201d article about Bitwex, we introduced the plans in the following way: … Bitwex – Review Part 1<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":5845,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1997,2004,2002,2003,2005,2011,2008,2006,2007,2010,2009],"class_list":["post-5850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-bitwex","tag-bitwex-info","tag-bitwex-investment-plan","tag-bitwex-investment-program","tag-bitwex-news","tag-bitwex-review","tag-bitwex-scam-or-paying","tag-bitwex-update","tag-bitwex-updates","tag-bitwex-biz","tag-httpsbitwex-bizrefemilynews","exalt-entry"],"yoast_head":"\nBitwex - 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=5850\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitwex - Review Part 1 - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"This program moved to CLOSED! Do not invest there! The Bitwex Investment Plans. 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Do not invest there! The Bitwex Investment Plans. 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