{"id":16080,"date":"2019-05-31T08:30:39","date_gmt":"2019-05-31T14:30:39","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=16080"},"modified":"2019-06-04T18:26:40","modified_gmt":"2019-06-05T00:26:40","slug":"31-05-2019-oldridgefund-review-and-daily-news-from-the-hyip-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2019\/05\/31\/31-05-2019-oldridgefund-review-and-daily-news-from-the-hyip-industry\/","title":{"rendered":"31\/05\/2019. OldridgeFund Review and Daily News from the HYIP Industry"},"content":{"rendered":"

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

Hello everyone! Well, it’s the final day of May and in a lot of people’s books that means the summer officially gets under way tonight. What does that mean for the HYIP industry? Usually it’s pretty quiet but you can have your own say on that matter by voting in the MNO TalkBack<\/a> opinion poll here<\/a>. So we have a couple of things to catch up with today, starting with a look at a recently launched mid term HYIP called OldridgeFund<\/a>. This one was launched a little bit more that a week ago, so it\u2019s still almost brand new though none of the first investors will quite be in profit just yet. Fingers crossed that’s all going to change soon. It\u2019s all been a bit low-key up to now, but with a decent payments record under construction and listing on MNO it looks as if the OldridgeFund<\/a> admin is ready to step things up a notch and start getting serious with the promotion.
\n\"OldridgeFund\"<\/a>
\nAs usual then we\u2019ll get things started with the investment plans, the single reason why most of you will be interested when joining the program. OldridgeFund<\/a> offers a range of them, starting from only a $20 minimum so it\u2019s quite affordable to most everyone and doesn\u2019t necessarily have to be much of a financial risk unless you make it so yourself by overspending. Plans are split into three categories, those that make daily interest payments on business days with your principal included, those that pay on every calendar day and return your principal on expiry, and those that pay once on expiry. To be honest only one plan from each category is going to be realistically affordable to most players, but I’ll go through all of them for you anyway since that’s really up to you to decide.<\/p>\n

First on the list is what’s called The Scalping Trading One Plan<\/strong><\/em>. This is the one with the $20 price tag so I guess of most interest to readers, though OldridgeFund<\/a> will take anything up to a $1,000 maximum if you can afford it. The term is 20 business days<\/strong>, four calendar weeks, during which you can claim a daily interest payment of 6%<\/strong> from Monday to Friday. OldridgeFund<\/a> include your principal as part of those payments so that will not be returned on expiry. That means cumulative payments come to 120%<\/strong>, made up of your own money back plus 20% net profit<\/strong>.<\/p>\n

To put that into practical monetary terms then and see a simple example, let’s say you were to invest $100 with OldridgeFund<\/a>. In return for this the admin would pay you back $6 per day, Monday to Friday, for the following four weeks. You end up with $120 back on your investment, consisting of your own initial hundred which is yours to begin with plus a $20 net profit as your reward for joining the program. So, a combination of profitability and sustainability, the two most important ingredients for success (plus a talented admin obviously) in any online HYIP. You reach the break even point, that is when you earn back an amount equivalent to your principal therefore making it impossible to lose money, 17 business days into the term.<\/p>\n

The remaining four investment plans in this category are all just basically a variation of what I’ve described for you already above, simply paying out higher rates of interest on bigger deposits for the same term. For your information the second plan, Scalper Trading Two<\/strong><\/em>, accepts deposits from $1,001 up to $2,500. The term is still 20 business days<\/strong> with OldridgeFund<\/a> paying 6.5% <\/strong>per business day, principal included. That gives you a return of 130%<\/strong>, or your own money back plus 30% net profit<\/strong>. Scalping Trading Three<\/strong><\/em> is the next plan, running for 20 business days<\/strong> and open to investors looking to spend from $2,501 to $5,000. OldridgeFund<\/a> increase the interest rate to 7% for <\/strong>the same 20 business day <\/strong>duration, principal included, allowing you to earn back 140%<\/strong> in total or 40% net profit<\/strong>. Bigger spenders can look at the Scalping Trading Four<\/strong><\/em> plan which will set them back anything from a $5,001 minimum up to $25,000. During a 20 business day<\/strong> term OldridgeFund<\/a> offer you a daily interest payment of 7.5%<\/strong>, Monday to Friday, adding up to 150%<\/strong> in total with your principal included or 50% net profit<\/strong>. For even bigger spenders willing to try their luck with up to a $100K deposit there is a Scalping Trading Five<\/strong><\/em> plan made available where the daily interest increases to 8%<\/strong> paid daily over the same 20 business day<\/strong> term, meaning you will get 60% net profit<\/strong> by the expiry date by gaining an incredible 160%<\/strong> in total returns.<\/p>\n

The second group of plans also make daily interest payments, but it’s calendar days this time and for a slightly longer term of 30 calendar days<\/strong> and return your principal separately. The Indicator Trading One Plan<\/strong><\/em> which has an entry level minimum investment of $20 or can be joined for a $1,000 maximum if you can afford it. OldridgeFund<\/a> offer 1.1%<\/strong> interest per day, which comes to 133% in total<\/strong> when your principal is returned<\/strong> or 33% net profit<\/strong>.<\/p>\n

Next in the same category we see the Indicator Trading Two<\/em><\/strong> plan which accepts deposits from $1,001 up to $2,500. The term is still 30 calendar days<\/strong> with OldridgeFund<\/a> paying 1.3%<\/strong> per calendar day, and your principal then returned on expiry<\/strong>. That gives you a return of 139%<\/strong>, or your own money back plus 39% net profit<\/strong>. Indicator Trading Three<\/strong><\/em> is the next plan, again running for 30 calendar days<\/strong> and open to investors looking to spend from $2,501 to $5,000 where OldridgeFund<\/a> increase the interest rate to 1.5%<\/strong> per calendar day, and your principal then returned<\/strong> seperately, allowing you to earn back 145%<\/strong> in total or 45% net profit<\/strong>. If you have an even larger amount of disposable money to spend on HYIPs then you can look at the Indicator Trading Four<\/strong><\/em> plan which will cost you anything from a $5,001 minimum up to $25,000. During a 30 calendar day<\/strong> term OldridgeFund<\/a> offer you a daily interest payment of 1.8%<\/strong> adding up to 154%<\/strong> in total with your principal returned<\/strong> or 54% net profit<\/strong>. And finally for the biggest spenders out there OldridgeFund<\/a> have the Indicator Trading Five<\/strong> <\/em>plan. This is for deposits between $25,001 and an upper limit of $100,000 and carries a daily interest rate of 2.1%<\/strong> made each day for a term of 30 calendar days<\/strong>. With your principal then added<\/strong> that’s 163%<\/strong> back in total, or 63% net profit<\/strong>.<\/p>\n

Now we come to the on expiry plans. From experience I know these are going to be less popular but do have a shorter investment term which is going to make them more tempting to at least some of you. These start with the Five Candle One Plan<\/strong> <\/em>which can be joined for any amount between $20 and $1,000. A one off payment on expiry<\/strong> sees OldridgeFund<\/a> pay you back 115%<\/strong> in total, principal included so 15% net profit, at the end of a 15 calendar days<\/strong>.<\/p>\n

If you’re feeling a bit more ambitious, higher returns of 120%<\/strong> are offered on deposits between $1,001 and $2,500 (Five Candle Two<\/strong> <\/em>plan), 125%<\/strong> on anything from $2,501 up to $5,000 (Five Candle Three<\/strong> <\/em>plan), 130%<\/strong> for deposits between $5,001 and $25,000 (Five Candle Four<\/strong> <\/em>plan), and finally OldridgeFund<\/a> offers the maximum payout of 140%<\/strong> back on amounts from $25,001 to $100,000 (Five Candle Five<\/strong><\/em> plan). All after 15 calendar days<\/strong> and all with principal included.<\/p>\n

So if anything in there happens to catch your eye and you think it might be worth taking a chance on, then the next thing you need to know is what are the payment options. No disappointments here either as many popular processors are included, OldridgeFund<\/a> are using PerfectMoney, Payeer, BitCoin, LiteCoin, Ethereum or Ripple<\/strong>. Just remember that before making an active investment you will have to refill your balance<\/strong> with the required amount which will save you time if you wish to make several deposits in one transaction. For that after creating an account in OldridgeFund<\/a> and signing up please choose the Up Balance<\/em> option from the top menu and follow the provided instructions. Once you fund your account with the desired amount you may proceed to make an investment by clicking on Invest<\/em> option located at the top menu as well.<\/p>\n

You need to log into your OldridgeFund<\/a> members account area to make a withdrawal request which is then done manually and, we are told, within 24 hours<\/strong>, but you shouldn\u2019t be left waiting much longer than a couple of hours or so before the money shows up in your account because as per my own experience with them up until now everything seems to be done pretty quickly. Smaller investors please take note that OldridgeFund<\/a> do have a minimum withdrawal policy<\/strong>. You will need to be owed at least $1 or 0.0014 BTC<\/strong> before and transactions are processed, so do double check on that.<\/p>\n

Moving on to the more technical, design, and security side of things now, OldridgeFund<\/a> is running off a script that’s been custom built to suit the individual needs of the program. Having said that, you will still find a familiar and easy to navigate feel to it all, in fact in my own humble opinion (and I’m by no means a designer) OldridgeFund<\/a> is one of the better looking HYIP websites round at the moment. The website is SSL encrypted by GeoTrust for an extra layer of protection, and hosting is on a dedicated OVH server with the support of and protection from DDoS attacks provided by CoverDDoS. Some recent improvements made since OldridgeFund<\/a> was added to MNO include the expansion of the different languages you can view the website in. This started out with Vietnamese before being joined just today by Russian. Those two alone make the program massively more accessible to a audience of literally hundreds of millions so should at least encourage a few more investors to loosen the purse strings and start spending, plus I wouldn’t be at all surprised if more new languages were added in the near future. Actually the OldridgeFund<\/a> website has a Press Centre<\/em> page where you can keep up to date with all further developments and improvements, so why not keep an eye on it whenever you visit the program just to stay up-to-date.<\/p>\n

If you have any further questions for the admin or account related issues you need to have dealt with then there are a number of different channels, but as always this needs to start with you reading the FAQ section and therefore save everyone a lot of time by finding the answers there first. If that doesn’t help then you can continue by filling in your details on the online e-mail support form and submitting it via the contacts page. You can also connect with the admin directly by writing to the e-mail address listed. You\u2019ll also find Live Chat<\/em> support so you might want to check if that\u2019s open first and save yourself the trouble of writing any lengthy e-mails, maybe get your queries dealt with in real time. The OldridgeFund<\/a> admin also looks to be active on social networking sites, so if you\u2019re a fan then you might be able to check them out on the likes of Facebook, Twitter, Instagram, and Telegram. There\u2019s also a phone number is you think someone will answer you, and a postal address listed in South Africa (where OldridgeFund<\/a> is registered as a company, the first time I think I’ve seen this in the HYIP industry as far as I can remember). You’ll find the relevant documents to this on the OldridgeFund<\/a> website’s About Us<\/em> page if you are interested.<\/p>\n

There\u2019s not a great deal else I can say other than OldridgeFund<\/a> is an above average HYIP, probably starting out at a slow time of the year but with bags of potential for anyone looking to get in while it’s new. All I can add to that is to remind you that you should not expect any guarantees in the online HYIP industry, and you need to treat it like any form of gambling. For the record the OldridgeFund<\/a> website claims the program is involved simply with trading, and doesn’t expand a great deal beyond that. Nothing you won\u2019t have heard countless times before in this business, and predictably there\u2019s nothing in the way of real evidence to suggest it\u2019s true. I doubt very much that even if it was then OldridgeFund<\/a> would still be able to guarantee such profits, so just forget about any real business activities backing this up. So remember to stay within a sensible spending limit that you can comfortably afford to lose, keep your expectations modest, and if joining OldridgeFund<\/a> at all then try to keep them as a smaller part of a wider more diverse portfolio.<\/p>\n

Before I finish with the review of OldridgeFund<\/a> and move on to today\u2019s news updates I would like to ask if anyone reading this has their own opinions on the program? Good, bad, or indifferent, I hope you won\u2019t mind sharing them with your fellow readers. It takes literally a second to vote, is totally anonymous, and will make for more interesting reading once we are looking back at the program at the end rather than looking forward at the start. In other words how many people would make a good and bad judgement call looking at the program today. Please answer the following question:<\/p>\n

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