{"id":14695,"date":"2017-08-26T19:04:38","date_gmt":"2017-08-27T01:04:38","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=14695"},"modified":"2017-08-31T11:02:16","modified_gmt":"2017-08-31T17:02:16","slug":"26082017-genetix-review-daily-news-hyip-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2017\/08\/26\/26082017-genetix-review-daily-news-hyip-industry\/","title":{"rendered":"26\/08\/2017. Genetix Review and Daily News from the HYIP Industry"},"content":{"rendered":"

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

Hello everyone, I hope you’re all having a good weekend so far. As summer slowly starts giving way to autumn a lot of folks, myself included, will be expecting even better things from the HYIP industry even though the current season has still had more than its fair share of highlights. I’ll also be increasing the listing prices for new programs coming to the MNO monitor<\/a> from the first day of September, something which minimizes my personal workload and helps ensure that only the very best admins will want to include their programs here. Deliberate fast scams either can’t afford it or simply don’t want to pay, so let them go elsewhere. One of the programs hoping to challenge for a leading position is an interesting project just launched recently called Genetix<\/a>. The program was already online just under a week before flying into a more aggressive advertising campaign with banners and a Sticky Listing<\/a> on the MNO monitor<\/a>. This has definitely helped Genetix<\/a> get off to a bright start, something that’s always essential for programs like this. Half the battle you might say. So let’s see what it’s all about and if you think you might have room for Genetix<\/a> in your portfolios.
\n\"Genetix\"<\/a>
\nStarting with the investment plans, Genetix<\/a> present six for you to choose from. No need to get too excited about all of them of course, as with most HYIPs the plans are a blend of what’s modestly achievable and something a lot more unrealistic. The first one pays a daily interest rate, and I think this will probably prove one of the more popular options, while the remaining plans pay just once on expiry of varying length terms. It runs for a term of 20 calendar days<\/strong> and costs a minimum of just $10 to join. All investments regardless of size are offered the same interest rate. Genetix<\/a> pay 10% per calendar day<\/strong> on all deposits up to a stated maximum of $19,999. With your principal being included as part of this, that means you complete the term with a total return of 200% on your investment<\/strong>. That’s double your money back, so a $100 deposit for example gets you $200 back. You reach the break even point after 10 days, that is to say you earn back an amount equivalent to your opening investment, so you can’t possibly lose anything from that point on.<\/p>\n

The second plan pays once on expiry<\/strong> after a term running 2 calendar days<\/strong>. You can still join for a $10 minimum spend, and anything up to $499 sees Genetix<\/a> offer a return payment of 106%<\/strong>, principal included. So a $100 investment gets you back a $106 payment. Bigger spending players can get back 110%<\/strong> if they are prepared to gamble with between $500 and $999, and 115%<\/strong> on deposits from $1,000 to $1,999. For anything over and above that check out the Genetix<\/a> members area.<\/p>\n

The third option pays investors on expiry<\/strong> of a 5 calendar day term<\/strong>. The minimum cost of joining is still $10, and for anything up to a maximum limit of $499 Genetix<\/a> are offering a single payment of 130%<\/strong>, principal included. That offer increases to 145%<\/strong> for anyone parting with between $500 and $999, and 160%<\/strong> if you are going to risk from $1,000 to $1,999. If you want to know what is being offered to anyone spending even more than that see the Genetix<\/a> members account area.<\/p>\n

Next is a plan running for 10 calendar days<\/strong>. If you spend anything between the required $10 and a $499 maximum limit the offer to investors is 180% on expiry<\/strong>, principal included. This becomes 240%<\/strong> for those spending between $500 and $999, and 280%<\/strong> if you are spending from $1,000 to $1,999. Check out your Genetix<\/a> members account area for any information on amounts bigger than that.<\/p>\n

Next up is a plan lasting 20 calendar days<\/strong> in duration, again paying once on expiry<\/strong>. As you can see the risk gets progressively higher as the term length grows. Thankfully the financial risk doesn\u2019t have to be that bad however, as Genetix<\/a> still only ask for a $10 minimum to join. For anything up to $499 they are offering a single payment of 340%<\/strong>, principal included. If you are spending between $500 and $999 this goes up to 480%<\/strong>, and 620%<\/strong> for amounts between $1,000 and $1,999. Log into your Genetix<\/a> members account area to see any further information on what is being offered (and please note I said \u201coffered\u201d, not \u201cpaid\u201d) to amounts larger than that.<\/p>\n

The final plan, though aside from the fact that it need only cost you a $10 minimum to join doesn\u2019t have much else to recommend it, runs for 40 calendar days<\/strong>. Genetix<\/a> offer a single payment on expiry<\/strong> of 800%<\/strong> if you invest anything up to a maximum of $499. For amounts between $500 and $999 that increases to 1,100%<\/strong>. This jumps to 1,600%<\/strong> if you risk from $1,000 to $1,999. Any rates above that can be seen in your Genetix<\/a> members account area. Of course, the thing you need to remember about on expiry plans with such long investment terms is less to do with the fact that the final payment becomes less and less likely as the term gets longer and the rate gets unfeasibly higher. Rather think about it in terms of how long your money is sitting in someone else\u2019s pocket doing nothing, earning nothing (not for you anyway) when you could be doing something more constructive with it.<\/p>\n

An interesting thing about Genetix<\/a> is despite the fact that we have seen so many similar style programs over the years in the HYIP industry, countless programs in fact have had plans very close to what’s on offer here, I don’t think I remember any with an early withdrawal clause. Yes, I know you sometimes see this in longer term HYIPs, or perpetual \u201cno expiry\u201d date plans, but rarely if ever in ones like Genetix<\/a>. They allow members to change their minds after they already join, but be aware that the penalty fee for an early exit will be 10%<\/strong>. Note that this offer only applies to the on expiry plans, and not the daily paying plan.<\/p>\n

The list of payment options is something I have mixed feelings on. At first glance it’s actually quite good, better than average in fact. It’s just that on closer inspection some processors aren’t being used as efficiently as they should. Let me explain. First of all the regular third-party payment handlers are listed, with Genetix<\/a> using PerfectMoney, Payeer, and AdvCash<\/strong>. All good, no surprise there. If you prefer a more modern digital e-currency for direct transactions then BitCoin<\/strong> is available. So far so good but it’s with the acceptance of Payza and Skrill<\/strong> that the questions arise. As a strong enthusiast of both processors you may be wondering what the problem is here. It is, at the time of writing anyway, that neither account is officially business verified by the providers, so deposits made through either channel are entirely at the investors own risk. No different than say depositing through PerfectMoney or BitCoin of course, it’s just that the extra protection you might have been expecting by using those processors might not be available. Just keep it in mind. If using either Payza or Skrill to join Genetix<\/a> then it can take as long as six hours for your deposit to be added manually, again this is entirely at your own risk.<\/p>\n

Payment requests from Genetix<\/a> are officially made manually by the admin and need to be requested from inside your members account area. This should then take anything up to 24 hours for all transactions to be complete<\/strong>. Although not officially guaranteed by the admin, in practice most of the smaller withdrawals tend to be processed instantly<\/strong>. So don’t go expecting this to happen, but if it happens then take it as a nice bonus.<\/p>\n

Moving on now to some of the more technical aspects of the Genetix<\/a> website now such as design and security, at first glance a lot of you might not immediately recognise the script. It’s under licence from GoldCoders so it’s got all the hallmark customer friendly and easy to navigate features experienced players will expect from them by now. However it’s been modified to suit the unique requirements of the Genetix<\/a> program, so it’s not so obvious at first. For a hosting provider the Genetix<\/a> admin has opted for the services of DDoSGuard who are keeping the website on a dedicated server with their support and protection. For an extra layer of security the program is further enhanced by an SSL encryption certificate from Comodo to allow for safer browsing and more secure transactions. To make the Genetix<\/a> website more accessible to a wider audience the admin has it translated into three languages, the first being English by default and the others being Russian and Chinese which are both hugely important markets in the HYIP industry. By the way, if the background music playing when you visit the Genetix<\/a> website is a bit much you can always just hit the \u201csound\u201d button on top of the screen to mute it.<\/p>\n

If you still have any further questions remaining for the Genetix<\/a> admin that you think I may have missed here or any account related issues that need to be dealt with then you have a couple of channels open to get in touch. As usual you are strongly urged to start by reading the website’s FAQ page, and even then Genetix<\/a> have a further reminder of some of the main discussion points on their support page before you try to contact them. If this doesn’t help, you can either fill in your details on the online customer support form and submit it through the contacts page, or else just write directly to the admin at the listed e-mail address. Genetix<\/a> have a postal address in the USA but I would suggest you ignore that, mostly these things are just serviced workspaces used for registration but never where you find anyone using them physically located or working from.<\/p>\n

The alleged business activities supporting the payouts to Genetix<\/a> members stem from (it is claimed) the sometimes controversial topic of genetic research and engineering. There’s an interesting video on the subject by a third party embedded on the Genetix<\/a> website. As this is purely on the science behind the matter and in no way connected with investing in Genetix<\/a> I won’t be including it on the MNOVision page<\/a> but still, if you don’t have a PhD in bio-chemistry I found it fascinating to watch such a complex subject explained so well in layman’s terms. It’s not all shock value test tube super soldiers you see in the sci-fi movies or so called franken-food of course, but something that will have a real impact on people’s lives at a grass roots level. Not just in the future, but right now today. I’m digressing now of course because the real pertinent question as far as this review goes is how much of this is really part of Genetix<\/a> as an online HYIP? I’d venture to guess most experienced players will answer not much. For the benefit of anyone new to online HYIPs however and tempted to believe what they read, let me just remind you that even if something like this were to be true it still wouldn’t guarantee it’s profitable, and certainly not enough to pay some of the exorbitant rates being offered here. So be sensible. Approach this as you would any form of high risk gambling, stay well under an affordable spending limit you can afford to lose as well as recoup quickly without any problems from other income sources, and if you do decide to join Genetix<\/a> then try to keep them as a smaller part of a wider more diverse portfolio.<\/p>\n

I see lots of people already joined Genetix<\/a> while some have even managed to profit from the shorter plans already. So I hope you don’t mind sharing whether you have invested, are still sitting on the fence, or decided to skip Genetix<\/a> altogether. Please share your opinion with your fellow MNO readers by answering the following question:<\/p>\n

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