USI-Tech website screen capture on November 6, 2017.

 

I’ve been following Bitcoin periodically for the last several years as a journalist, thinking of it first as a financial term and then wondering if it was just a trend and would last. It’s going to last. I personally hold Bitcoin and other cryptocurrencies and believe it is the future of currency and will operate concurrently with the banking systems and financial institutions around the world.

If you are a skeptic or risk averse, I’ll recommend that you stay home and keep your money in your mattress. Information within this story is based upon facts, if noted or examples or hypothetical situations and is no guarantee of future results.

Do you know how sometimes you reach a point in your life and think, it’s time to change? I’m going to… whatever it is for you. For me, I decided it was time to make money. Not the barely make money to pay your bills money but real money where you have more than extra and have choices. It was at this point that I reached out to a friend who I knew was either involved in Bitcoin knew something about it since our mutual friends had been posting on Facebook about it for several years.  I immersed myself in around the clock research about Bitcoin for the next several days where every waking hour possible I was hearing or reading about Bitcoin. Some people get into analysis paralysis at this point. I knew enough to know that I knew enough to get involved and the rest would come later with the realization that some of the information is just too technical.

It’s been just over 4 months since I began with $120 in USI-Tech. At the time on June 30th, Bitcoin was at US dollar $2486 for 1 Bitcoin. As of this writing on November 6 it is now US dollar $7300.

USI-Tech began as a FOREX (foreign exchange) software platform which utilized their software for Bitcoin beginning in April 2017. The website was updated on November 1, 2017 after they outgrew their previous platform. The company itself is headquartered out of Dubai. The owners are Horst Jicha, Ralf Gold and Joao Severino. I have personally met Horst Jicha and had the opportunity to meet with him one-on-one.

USI-Tech website screen capture November 6, 2017.

It is free to register with USI-Tech.  On the USI-Tech website, it states “Better Way to Bitcoin” and notes

  1. Grow your Bitcoins DAILY
  2. 24/7 Account Access For Withdraws
  3. Secure Platform from a Proven Company
  4. 35% Referral Commissions over 12 Levels

Bitcoin is obtained in “BTC packages” which are based on 1 Bitcoin divided into 50 Euro packages so 1 BTC package equates to 50 Euros plus the 3% Bitcoin mining fee. Note the amount of Bitcoin will change with the changing value of Bitcoin but the price is equivalent to 50 Euros. The website itself is in 12 languages with mine in English.

Each BTC package has “a return of 40% is applied over the term of 140 working days. The daily rate of return and the duration may vary depending on the achieved results. The actual return is paid out including share purchase price daily.” The Return on Capital is 140% and is paid out 5 days a week (Monday – Friday or Tuesday – Saturday in the US) which is 28 weeks. As your daily payouts average 1% daily or 140% after approximately 140 days, your initial return not returned directly but returned gradually over time in the daily payouts. You are able to withdraw your daily payouts, which was previously in amounts over 10 Euros.  This is the simple example which does not include reinvestment or compounding.

USI-Tech website screen capture on November 6, 2017.

 

USI-Tech website screen capture on November 6, 2017.

 

Prior to the new website it noted as average 1% daily payout but now it lists it as 140% intended return on capital but not guaranteed value. Yes the lawyers have been checking. With reinvestment and compounding the returns are even higher which I’ll review on a future post.

 

The price of Bitcoin in US Dollars from April 26, 2017 – November 8, 2017 as shown on Coindesk. Screen capture on November 8, 2017.

If I went back in time and bought 1 bitcoin on April 26th (28 weeks or 140 working days ago) and it were now 1.4 bitcoins this is what the numbers would look like:

$ 1,284.84 for 1 bitcoin on April 26th

$10.455.09 for 1.4 bitcoin on November 8, 140 days or 28 weeks later at the rate of $7467.92 per bitcoin

$ 9,170.28 increase in value

714% return on investment (ROI) *

*$10,455.09 (gain from investment)-$1284.84(initial investment) divided by $1284.84(cost of investment)

 

Past performance does not dictate future returns but what you’re looking at are the first two ways of making money with USI-Tech which is 1) the change in valuation in bitcoin and 2) 40% return or daily payouts of 140%. This does not take into consideration compounding through reinvestment or commissions from referrals for USI-Tech. Next you’ll see what happens with compounding.

 

USI-Tech example of compounding through automatic rebuys over 280 working days

 

The effect of compounding in just over 1 year using historical data from October 8, 2016 to November 8, 2017. Screen capture from Coindesk.

With compounding after 280 days working days, or 56 weeks, or 1 year and 1 month you have 5 times as much Bitcoin by reinvesting.

$     616.60 for 1 bitcoin on October 8, 2016

$37,386.60 for 5 bitcoins on November 6, 2017 (280 working days or 56 weeks later) at the rate of $7190.85 per bitcoin.

$36,770 increase in value

5963% return on investment (ROI) *

*$37,386.60 (gain from investment)-$616.60(initial investment) divided by $616.60 (cost of investment)

The above example is hypothetical. USI-Tech did not begin to start selling BTC packages of Bitcoin until March 2017. I am still pinching myself when I see the results above but note that the numbers are based solely on the price of 1 bitcoin, USI-Tech return reinvestment and compounding and does not include any referral commissions. Past performance is not a guarantee nor does it predict future returns.

 

If we looked at the numbers behind this, without USI-Tech, the ROI just on 1 bitcoin during this same time period would be

$   616.60 for 1 bitcoin on October 6, 2016

$7,477.32 for 1 bitcoin on November 6, 2017

$6,860.72 increase in value

1113% return on invesment (ROI) *

*$7477.32 (gain from investment)-$616.60 (initial investment) divided by $616.60 (cost of investment)

 

If you are interested in testing results for yourself, my affiliate link for USI-Tech can be found at www.bitcoinconfucius.com