{"id":14253,"date":"2017-03-17T22:25:31","date_gmt":"2017-03-18T04:25:31","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=14253"},"modified":"2017-03-23T14:19:11","modified_gmt":"2017-03-23T20:19:11","slug":"17032017-amazing7-review-daily-news-hyip-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2017\/03\/17\/17032017-amazing7-review-daily-news-hyip-industry\/","title":{"rendered":"17\/03\/2017. Amazing7 Review and Daily News from the HYIP Industry"},"content":{"rendered":"

Beware! Amazing7 has stopped paying! Do not invest there!<\/strong><\/span><\/p>\n

Hello all, and Happy Saint Patrick’s Day to anyone celebrating! It’s the one day when at least some people in almost every country want to be Irish, just remember the old warning that the darker the drink the worse the hangover so take it easy on the Guinness if you’re tempted to over indulge! Anyway, finishing up the business week I have three new additions to the MNO monitoring page<\/a> I want to introduce in the news section coming up in the second half of today’s post. I’ll be reviewing them here on my blog next week once I have time to go through all their feature first and check out how everything works first. For today however I want to take a more detailed look at a new addition to the MNO monitor’s Premium List<\/a> called Amazing7<\/a>. This is a longer term HYIP that’s almost two weeks online, which when you see the plans has not yet been long enough to put any of the first Amazing7<\/a> investors anywhere close to a profit (meaning you could still safely consider it a relatively new program). So let’s see what they’re all about and whether you think Amazing7<\/a> is a name worth adding to your own portfolios or not.
\n\"Amazing7\"<\/a>
\nStarting with the investment plans as usual then, Amazing7<\/a> have three to choose from. They all run for the same length of term, fifty calendar days, but have some very distinctive qualities that set them apart from each other and make them different. The first of these is called The Amazing Hour Plan<\/strong><\/em>, and you can join for a minimum deposit of $10. There’s a maximum limit of $2,500. So, as the name probably suggests, Amazing7<\/a> are making hourly interest payments<\/strong> to members throughout the 50 day term<\/strong>. The rate is calculated at 0.1% per hour<\/strong>, adding up by the end of the term (50 X 24 hour days) to 1200 hours<\/strong>. In percentages then that means 120% back on your investment. With Amazing7<\/a> including your principal as part of the payments that means it’s your own money back plus 20% net profit<\/strong>.<\/p>\n

To be honest I don’t see a lot going for this plan when I compare it to the next one, in my opinion a far superior option which I will explain why in a moment. But first let’s see the details. It’s called The Amazing 50 Plan<\/strong><\/em> and can still be joined for a very affordable $10 minimum. There’s no real upper limit to what you can spend (technically it’s $100,000) though if you want to invest $500 or more I would suggest moving on to the third plan. For a 50 calendar day term<\/strong>, this time Amazing7<\/a> just make a single payment of 2.6% interest every day<\/strong> for the term’s duration. By the end of the term these payments should come to 130% in total. With Amazing7<\/a> counting your principal as part of your earnings that means you get your own money back first, and then start earning a total net profit of 30%<\/strong> back on your investment.<\/p>\n

Now, clearly the extra 10% profit on the very same investment over the very same term is the most obvious advantage this plan has over the hourly option. But it isn’t the only one. A lot of people might like the concept of hourly payments, and I agree there can often be a strong case made for being able to recoup more of your money faster and not have to wait 24 hours to make a single withdrawal. In practical terms however you need to take one very important factor into account \u2013 Amazing7<\/a> have a minimum withdrawal policy. You must have at least $1 or more owed to you before you can request it. That would mean only investors with a deposit of at least $1,000 would actually be allowed to request proper hourly payments at all. Everyone else will need to wait for their interest to accumulate to $1, so to be perfectly blunt about it that really makes the offer of hourly payments a bit redundant for the majority of investors, as only the biggest spending players actually get to request them. The fact that hourly payments are done manually rather than instantly (and so carry a waiting time significantly longer than the payment term itself) further reduces any perceived advantage.<\/p>\n

The third plan from Amazing7<\/a> is a similar option to the second one, just aimed a bit more at the middle to bigger spending players. It’s called The Amazing Blitz Plan<\/em>, and will set you back at least $500 if you wish to join. Investors are offered a daily interest payment of 3% for a term of 50 calendar days<\/strong>. So you can see why it would be pretty pointless of you making a deposit of this size in the previous plan, right? Over the course of the term payments will add up 150% in total, and with Amazing7<\/a> as usual including your principal in there that gives you your own money back plus 50% net profit<\/strong>.<\/p>\n

No matter which option you think suits you best I think all of them are, in HYIP terms at least, sustainable for enough time for a reasonable number of people to profit. This obviously hinges very strongly on the admin having both good intentions and the ability to actually manage his program properly (unfortunately this is always the single biggest gamble you take in the HYIP industry, isn’t it?). But if you press ahead with a deposit then the next thing to discuss is what are your payment options. It’s a fairly standard list and acceptable to most under current industry conditions, with Amazing7<\/a> taking PerfectMoney, Payeer, AdvCash, and NixMoney<\/strong> for anyone who prefers the conventional third party payment handlers, and BitCoin<\/strong> if you would rather make direct deposits and withdrawals using a more modern digital e-currency. Withdrawal requests are handled manually by the admin and will need to be submitted from inside your Amazing7<\/a> members account area. Once done you are asked to allow a further 12 hours for all transactions to be complete<\/strong>.<\/p>\n

Before I move on there’s one other hugely important point we need to be very clear about regarding your potential earnings from Amazing7<\/a>. All withdrawal requests are subject to a 2.99% handling fee (almost $0.03\u00a2 on every dollar). This is applied automatically and you will be able to see the adjusted amount on the second step of confirming your withdrawal request within your account area. Please take this into account when calculating you expected final profit. For reasons best known to the admin Amazing7<\/a> are using an unverified PerfectMoney account. This will naturally incur higher transaction fees (2% as opposed to 0.5% for verified accounts) so small wonder this is being passed on to investors, though it really shouldn’t have to be necessary.<\/p>\n

On the technical side of things, there’s nothing overly complicated to Amazing7<\/a>, and since the program is powered off a script under license from GoldCoders (as I’m sure most regular players will recognize) it’s all very easy to navigate and user friendly throughout. The hosting provider is OVH who are keeping the Amazing7<\/a> website on a dedicated server with their tech support and protection from any malicious attacks thrown at the program. Plus for an added layer of security there’s also an SSL encryption certificate from Comodo to allow for safer browsing and more secure transactions. Overall though Amazing7<\/a> has a simple, neat, and streamlined design that keeps everything straight forward and easy to use, i.e. no \u201cclutter\u201d. The only thing that seems out of place is an embedded YouTube video which has a short explanation on certain aspects of the stock market and nothing to do with the HYIP industry, let along Amazing7<\/a>.<\/p>\n

Any further questions for the Amazing7<\/a> admin or any account related issues that need to be dealt with can be sent using a variety of different channels. As always the first thing you need to look at is the FAQ page, and if that doesn’t help then move on to the program’s Live Chat support. Assuming you find an operator there you may be able to get your queries dealt with in real time. You can also fill in your details on the online customer support form and submit it through the Amazing7<\/a> website’s contact page if you have anything more substantial. A postal address in The Seychelles is also listed, though as most of you will know by now these things tend to be virtual serviced work spaces and not where you would find anyone involved with the running of Amazing7<\/a> physically located. Of more practical use might be the social media networks where Amazing7<\/a> have profiles, including Facebook, Twitter, and Google+.<\/p>\n

Many of the website texts are a direct copy\/paste from other programs so right from the start even the most inexperienced HYIP investors should know not to take any claims that of Amazing7<\/a> being involved in any kind of legit business activity too seriously. For the record this is claimed to be ForEx and stock trading. Not much you can do to research and verify that of course, so just in case you’re in the minority of readers who doesn’t already know to do this I suggest you ignore it. And anyway, like everything else even if it was true that still doesn’t mean it has to be profitable. So treat Amazing7<\/a> as you would any other HYIP, by setting yourself a sensible spending limit you can comfortably afford to lose and easily recoup from other sources if things don’t work out. And remember to keep them as a smaller part of a wider more diverse portfolio should you venture into Amazing7<\/a> at all.<\/p>\n

Before we leave Amazing7<\/a> for today and move on to the news I hope you won\u2019t mind sharing your own thoughts on the program, if you have any, with your fellow MNO readers. Please give your own first impression of Amazing7<\/a> by answering the following opinion poll, which hopefully will show more interesting results later in the coming weeks when we see what direction the program goes in and if it can live up to any potential. So:<\/p>\n

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Will you make an active deposit in Amazing7<\/a>?<\/strong><\/p>