First Thoughts on HiDeposit.

As I write this, it appears that the program is having trouble making payments. So, we have already moved it to “Problem” status. If you DO invest with HiDeposits, keep your investment very small for now.

HiDeposit recently began a “Silver” listing on the Emily News monitor.  The company claims to have been in operation offline since 2014, prior to beginning online operations in 2017.  If their website statistics are correct, they have been extremely successful with nearly 39,000 active accounts and with nearly $33,500,000 invested.  That’s quite a track record…

HiDeposit doesn’t give too many details about how it generates its income other than that it is involved with both cryptocurrency mining and trading.  These are two very different fields.  One is for the computer “geek” while the other is for the financial “whiz.”  A company with expertise in both these areas is pretty good!  The website FAQ says that “We have strong financial backup from years’ management for clients and our professional team developed unique infrastructure of mining and innovative automatic programmers of trading of Bitcoin to generate stable profits.”

The “About Us” section of the website gives some of the history of the company and a very rough description of its activities.  The use of better English would be a great help here.

As one of the most stable and profitable investment companies in the field, HiDeposit LTD has been operating offline since 2014. Due to the unique infrastructure of HiDeposit LTD, the average mining income surpassed all other cloud mining farms. We invested our mining earnings in trading of Bitcoin and used innovative trading methods to generate profits in Bitcoin markets. Investing in such area requires the high qualification of professionals, fast, accurate, and most importantly the right solutions and commercial vision. Since its existence, our professional team applies the maximum efforts and carries out complex work to generate high and, what else is more important, steady income. Our company doesn’t just know how to make money; it can earn them even while unexpected situations such as the onset of default or deterioration in the situation on the financial market.

As Internet Technologies began to grow rapidly, in 2017 HiDeposit LTD gradually opens its doors to give an opportunity to online investors with low-capital investors to participate in our investment plans independently of the amount of capital they have, their location, nationality and social status. It is also a great opportunity for us to reduce transaction costs and attract new clients.

HiDeposit offers three investment plans.  They are one of the few companies that pay interest on an hourly basis.  All the plans are very short term, the longest one being 150 hours — around six days.  They all include your deposit as part of your earnings, a procedure that we like as it eliminates the “nail-biting” associated with investment plans that hold your deposit till the conclusion of the plan.  Doing some quick mental calculations, it looks like the first investment plan offers a daily net return of around 2%.  The second plan might be twice this.  The third appears to be off the chart.  However, these are only my quick impressions.  In our review of the program which should be finished in a few days, we’ll do a detailed analysis of the profitability of these plans as well as discuss the prognosis for long-term success of the overall program.  Stay tuned…

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