{"id":6865,"date":"2019-04-18T03:55:39","date_gmt":"2019-04-18T03:55:39","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=6865"},"modified":"2019-07-02T11:51:18","modified_gmt":"2019-07-02T11:51:18","slug":"coinextender-review-2-part-1","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=6865","title":{"rendered":"CoinExtender – Review #2\u00a0Part 1"},"content":{"rendered":"

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

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

CoinExtender<\/a> recently made a change in their program that I believe will make it a lot more popular.\u00a0 They have added Bitcoin to the list of payment methods that they accept (second website version was launched).\u00a0 You may recall that, previously, the investor was restricted to the use of Dogecoin — which is not one of the most popular cryptos.\u00a0 In addition, CoinExtender<\/a> has upgraded their listing from \u201cSilver\u201d to \u201cGold.\u201d\u00a0 This should also add to the popularity of the program by giving it slightly better exposure on our monitor.\u00a0 All of this is enough to merit a second review of the program.\u00a0 It looks like the format of the CoinExtender<\/a> investment plans is basically the same as it was before.\u00a0 However, let\u2019s take a closer look\u2026<\/p>\n

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

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

Like before, CoinExtender<\/a> offers a total of nine investment plans.\u00a0 Again, they are all 90 days long and return your investment as part of your earnings.\u00a0 They also have the same names as before.\u00a0 Finally, and also like before, the earnings rates are somewhat camouflaged.\u00a0 For example, for the lowest interest Starter Plan, the website indicates that it has a minimum investment of 0.002 BTC and that you earn 0.00003 BTC per day for 90 days.\u00a0 Well, what the investor will really want to know is his percent return.\u00a0 Fortunately, this is very easy to determine. \u00a0You simply divide the daily return by the minimum investment (and multiply it by 100).\u00a0 In this case you get 1.5%.\u00a0 If you do this same arithmetic for all of the nine plans, you get the following results:<\/p>\n

Starter
\n1.5% per day
\n.002 BTC- .005 BTC<\/p>\n

Basic
\n1.55% per day
\n.005 BTC – .010 BTC<\/p>\n

Standard
\n1.59% per day
\n.010 BTC – .025 BTC<\/p>\n

Premium
\n1.62% per day
\n.025 BTC – .050 BTC<\/p>\n

Exclusive
\n1.65% per day
\n.050 BTC – .100 BTC<\/p>\n

Enterprise
\n1.68% per day
\n.100 BTC – .250 BTC<\/p>\n

Platinum
\n1.71% per day
\n.250 BTC – .350 BTC<\/p>\n

VIP
\n1.74% per day
\n.350 BTC – .500 BTC<\/p>\n

VIP Plus
\n1.77% per day
\n.500 BTC and up<\/p>\n

It is still possible to invest with CoinExtender<\/a> using Dogecoin.\u00a0 The Dogecoin percent earnings are the same as they always have been, varying from a low of 1.45% in the Starter Plan to a high of 1.77% in the VIP Plus Plan.\u00a0 So, the Bitcoin version of the CoinExtender<\/a> investment plans is slightly more profitable — at last for the lower interest plans.\u00a0 I won\u2019t say anything else about the Dogecoin version that is in effect now as, with the exception of a few minor changes in the higher interest plans, it is the same as before.\u00a0 Most important, the interest rates that that set of plans pays remains unchanged.<\/p>\n

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

There are two items that we typically determine when analyzing investment plans: when they break even and the average daily net interest (DNI) that they pay over their lifetime.\u00a0 The CoinExtender<\/a> investment plans are very easy to understand and it is similarly very easy to determine these two quantities for them.\u00a0 As an example, let\u2019s look at the Starter Plan that pays a daily gross interest of 1.5%.\u00a0 To determine breakeven point, you simply divide 100% by the 1.5% gross daily interest to get around 67 days.\u00a0 To determine the DNI, you first determine the total gross interest that the plan pays by multiplying the daily gross interest by the number of days in the plan.\u00a0 In this case, the result is 135% (1.5 x 90).\u00a0 To get the total net interest paid by the plan, you must subtract 100% from this to account for the fact that the gross return includes your investment.\u00a0 The result, of course, is 35%.\u00a0 Finally, if you divide this by the 90-day length of the plan, you are averaging this total net income out over the days in the plan.\u00a0 The result is a DNI of 0.39%.<\/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 67 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 135.0%\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a00.39%
\nBasic\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 65 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 139.5%\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\u00a00.44%
\nStandard\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 63 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 143.1%\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\u00a00.48%
\nPremium\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 62 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 145.8%\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\u00a00.51%
\nExclusive\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 61 days\u00a0\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\u00a00.54%
\nEnterprise\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 60 days\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 151.2%\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\u00a00.57%
\nPlatinum\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 59 days\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 153.9%\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\u00a00.60%
\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 156.6%\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\u00a00.63%
\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\u00a00.66%<\/p>\n

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

If you compare these figures with the analogous results for Dogecoin as found in the original review of the program, you will find differences that are the result of the higher returns that are paid in the lower interest plans for the Bitcoin set of investment plans.\u00a0 Slightly faster to break even, slightly higher gross interest and slightly higher DNI.\u00a0 However, for the highest interest plan, the VIP Plus Plan, the figures are the same.<\/p>\n

OK, in Part 2<\/a> of this review of CoinExtender<\/a>, we\u2019ll take a look at the pros and cons of this set of investment plans and try to draw some useful conclusions.\u00a0 However, since the numbers that we have to work with are pretty much the same as we had in the Dogecoin version of the program, I expect that what we decide will be pretty much the same as we decided previously. \u00a0Please stand by\u2026<\/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 PROBLEM! Do NOT invest there! Introduction. CoinExtender recently made a change in their program that I believe will make it a lot more popular.\u00a0 They have added Bitcoin to the list … CoinExtender – Review #2\u00a0Part 1<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":6870,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1963,1971,1968,1969,1970,1977,2375,1974,1972,1973,1976,1975],"class_list":["post-6865","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-review-2","tag-coinextender-scam-or-paying","tag-coinextender-update","tag-coinextender-updates","tag-coinextender-com","tag-httpswww-coinextender-com","exalt-entry"],"yoast_head":"\nCoinExtender - Review #2\u00a0Part 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=6865\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoinExtender - Review #2\u00a0Part 1 - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"This program moved to PROBLEM! 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