First Thoughts about BitWaves.

BitWaves just began a “Silver” listing on the Emily News Monitor.  The company has only been online for a few days and now, already at day three, they have over 500 registered members.  They are really ripping along!  BitWaves offers an investment plan that pays earnings on an hourly basis.  These types of plans are very exciting.  Maybe this is at least part of the reason for the early popularity of this program…

According to their website, “BitWaves Financial Limited is officially registered in United Kingdom and its registration number is 10993176. BitWaves Financial Limited is a leading online investment platform involved in mining & trading of the most popular cryptocurrencies and forex trading.”  They are one of a number of companies that we have listed lately that are involved with both the mining and trading of cryptocurrencies.  These are two very different disciplines as I see it and it would seem to require two different teams of professional staff.  However, if the company can handle it, diversity is a plus.  So, I won’t pass judgement on this…

BitWaves offers two different investment plans.  The “Start” plan pays 4% daily for 40 days and requires a minimum investment of $25.  The “Perfect” plan pays 0.3% per hour for 450 hours and requires a minimum investment of $200.  Dividing this by 24 hours per day, this translates to a term of around 19 days.  We have never put numbers on this; but, roughly speaking, I would call the second plan short term and the first borderline between short and medium.  In case you haven’t done so already, 0.30% per hour translates to 7.2% per day.  Sounds like a high interest investment plan?  Not really because the term is so short.  A quick calculation on scrap paper tells me that we might have two very sensible investment plans here.  We will get into the details of all this when we do a detailed analysis of the two  plans in a review that you can expect to see in a few days from now.  Please stand by…

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