{"id":6253,"date":"2019-02-27T04:22:52","date_gmt":"2019-02-27T04:22:52","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=6253"},"modified":"2019-03-04T04:36:50","modified_gmt":"2019-03-04T04:36:50","slug":"bitwave-review-part-2","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=6253","title":{"rendered":"BitWave – Review\u00a0Part 2"},"content":{"rendered":"

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

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

In Part 1<\/a> of our review of the BitWave <\/a>investment plans, we devoted our time to determining how long it takes each of the plans to break even and to determining the average daily net interest (DNI) that each of them pays.\u00a0 You will recall that, since the BitWave <\/a>investment plans are \u201cperpetual,\u201d we had to assume different lifetimes for the overall program in order to calculate DNI — since it depends on both interest rate and length of plan.\u00a0 With this as an introduction, here\u2019s the information about the BitWave <\/a>investment plans as well as what we found out about their breakeven points and DNIs.<\/p>\n

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

The Plans<\/u><\/p>\n

Plan #1
\n0.15% per hour
\n3.6% per day
\n$10 – $999<\/p>\n

Plan #2
\n0.17% per hour
\n4.08% per day
\n$1,000 – $4,999<\/p>\n

Plan #3
\n0.20% per hour
\n4.8% per day
\n$5,000 and up<\/p>\n

Breakeven Points<\/u><\/p>\n

Plan #1\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 28 days
\nPlan #2\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 25 days
\nPlan #3\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 21 days<\/p>\n

Daily Net Interest (DNI)<\/u><\/p>\n

Plan #1<\/p>\n

Length of Plan \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DNI
\n30 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.27%
\n60 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.93%
\n90 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.49%
\n120 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.77%
\n150 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.93%
\n180 days \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.04%<\/p>\n

Plan #2<\/p>\n

Length of Plan \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DNI
\n30 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 0.75%
\n60 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.41%
\n90 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 2.97%
\n120 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.25%
\n150 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.41%
\n180 days \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.52%<\/p>\n

Plan #3<\/p>\n

Length of Plan \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 DNI<\/p>\n

30 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.47%
\n60 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.13%
\n90 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.69%
\n120 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3.97%
\n150 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4.13%
\n180 days \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4.24%<\/p>\n

Looking at all this information, a number of things should be apparent.\u00a0 First, the minimum investment for Plan #3 is rather high at $5,000.\u00a0 For this reason, very few online investors will be able to take advantage of this plan.\u00a0 In fact, we always caution our readers about investing large amounts of money in ANY online investment plan, given their reputation for unannounced premature closure.\u00a0 Of course, we hope we are wrong on this and that BitWave <\/a>will be one of the few programs that will be with us for a very long time.<\/p>\n

Next, the plans pay a very respectable rate of interest.\u00a0 This enables them to break even very quickly (all within 3 or 4 weeks) and, of course, they are very lucrative.\u00a0 Remember that a gross daily interest of 3% translates to 21% gross weekly interest and 4% translates to 28%.<\/p>\n

If you look at the results above for DNI, you will see that DNI also becomes quite high as soon as two months or so has elapsed.\u00a0 Remember that DNI is NET profit.\u00a0 So, a DNI of 2% is equivalent to a net profit of 14% per week — which is pretty darn good.\u00a0 And, of course, the longer the program survives, the higher the net profit that you will be receiving until, ultimately, it begins to approach the daily gross interest that the investment plans pay.<\/p>\n

Of course, the flip side of the coin is that, as time goes on, the program will be burdened with payment of these high returns and it could become increasingly difficult for it to survive.\u00a0 Paying returns of 3% or more per day — forever — could become very difficult.\u00a0 This is a disadvantage of \u201cperpetual\u201d investment programs.\u00a0 They don\u2019t provide the relief to the program that a plan with a finite life span does.<\/p>\n

For the cautious investor, the fact that BitWave <\/a>permits withdrawal of your deposit reduces the risk of losing everything.\u00a0 It also might benefit the program because, if an investor withdraws his deposit (and a new investor takes his place), new money in injected into the program rather than returns having to be made continuously on old money.<\/p>\n

A possible approach that an investor might want to take when investing with Bitwave <\/a>is to withdraw his deposit after he has doubled his money, that is, after he has made 100% profit.\u00a0 How long will this take?\u00a0 Just divide 200% by the gross daily interest that a program pays and you will find out.\u00a0 For example, in Plan #1, divide 200% by 3.6% to get around 56 days.\u00a0 Of course, this is simply TWICE the time for a plan to break even.\u00a0 So, if you choose to use this procedure, you would withdraw your deposit from BitWave<\/a> after the following times have elapsed — depending on the plan that you invested in:<\/p>\n

Days to Double Money<\/u><\/p>\n

Plan #1\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 56 days
\nPlan #2\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 50 days
\nPlan #3 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 42 days<\/p>\n

Of course, this takes a lot of self-discipline.\u00a0 There is always the temptation to wait one more day\u2026<\/p>\n

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

As an example, suppose that you invest $100 in Plan #1.\u00a0 Your daily gross return would be $3.60.\u00a0 You can see that after 28 days, you would have earned $100.80 and would have broken even.\u00a0 After 56 days, you would have earned $201.60 and would have doubled your money.<\/p>\n

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

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

BitWave <\/a>offers three very lucrative and easy-to-understand \u201cperpetual\u201d investment plans.\u00a0 They have the nice feature that, after a 48-hour waiting period, the investor can withdraw his deposit (with a 5% penalty).\u00a0 Because of the relatively high interest rates that are paid, all the plans break even in less that a month and, similarly, it is possible for the investor to double his money in less than two months.\u00a0 Because of the high interest rates that are paid, the risk involved when investing with this program might be significant.\u00a0 These investment plans will probably appeal to the more adventuresome — rather than conservative — investor.<\/p>\n

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

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This program moved to CLOSED! Do not invest there! Discussion. In Part 1 of our review of the BitWave investment plans, we devoted our time to determining how long it takes each of the plans … BitWave – Review\u00a0Part 2<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":6210,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2128,2136,2133,2134,2135,2142,2139,2137,2138,2141,2140],"class_list":["post-6253","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-bitwave","tag-bitwave-info","tag-bitwave-investment-plan","tag-bitwave-investment-program","tag-bitwave-news","tag-bitwave-review","tag-bitwave-scam-or-paying","tag-bitwave-update","tag-bitwave-updates","tag-bitwave-me","tag-httpsbitwave-merefemilynews","exalt-entry"],"yoast_head":"\nBitWave - Review\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=6253\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BitWave - Review\u00a0Part 2 - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"This program moved to CLOSED! Do not invest there! Discussion. 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Do not invest there! Discussion. In Part 1 of our review of the BitWave investment plans, we devoted our time to determining how long it takes each of the plans … BitWave – Review\u00a0Part 2Read more","og_url":"https:\/\/emilynews.com\/blog\/?p=6253","og_site_name":"EmilyNews","article_published_time":"2019-02-27T04:22:52+00:00","article_modified_time":"2019-03-04T04:36:50+00:00","og_image":[{"width":200,"height":200,"url":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2019\/02\/bw.jpg","type":"image\/jpeg"}],"author":"Emilynews","twitter_card":"summary_large_image","twitter_image":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2019\/02\/bw.jpg","twitter_misc":{"Written by":"Emilynews","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/emilynews.com\/blog\/?p=6253","url":"https:\/\/emilynews.com\/blog\/?p=6253","name":"BitWave - Review\u00a0Part 2 - EmilyNews","isPartOf":{"@id":"https:\/\/emilynews.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/emilynews.com\/blog\/?p=6253#primaryimage"},"image":{"@id":"https:\/\/emilynews.com\/blog\/?p=6253#primaryimage"},"thumbnailUrl":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2019\/02\/bw.jpg","datePublished":"2019-02-27T04:22:52+00:00","dateModified":"2019-03-04T04:36:50+00:00","author":{"@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33"},"breadcrumb":{"@id":"https:\/\/emilynews.com\/blog\/?p=6253#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/emilynews.com\/blog\/?p=6253"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/emilynews.com\/blog\/?p=6253#primaryimage","url":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2019\/02\/bw.jpg","contentUrl":"https:\/\/emilynews.com\/blog\/wp-content\/uploads\/2019\/02\/bw.jpg","width":200,"height":200},{"@type":"BreadcrumbList","@id":"https:\/\/emilynews.com\/blog\/?p=6253#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/emilynews.com\/blog"},{"@type":"ListItem","position":2,"name":"BitWave – Review\u00a0Part 2"}]},{"@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\/6253","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=6253"}],"version-history":[{"count":0,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/6253\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/media\/6210"}],"wp:attachment":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}