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News Commentary #175 — TripleTheDaxx First Thoughts

First Thoughts on TripleTheDaxx.

TripleTheDaxx recently purchased a “Sticky Diamond” listing with Emily News.  The program has only been online for a week or so and already it seems to be of interest to a number of HYIP investors.  Perhaps this is because it functions both as an HYIP investment platform as well as a means of investing in a relatively new digital currency called DaxxCoin.  There are a few tricky procedural things about this company (that took me a while to get used to!).  The most significant is that you make your investments in LiteCoin but your earnings are paid in DaxxCoin.  So, if the value of DaxxCoin should go through the roof, there is the possibility for the investor to make profits far beyond the normal yield of TripleTheDaxx as an investment platform.

The website is a little vague as to exactly how TripleTheDaxx generates its funds.  It is stated that “TripleTheDaxx is a revolutionary mining and trading project.”  That’s about all.   So, the potential investor must assume there is someone in the company who has the know-how to generate the revenues it promises to pay its investors or simply accept the fact that it is a HYIP which, like all the rest, may not survive for very long.

TripleTheDaxx offers three investment plans.  They all run for 150 days and return your investment along with your interest earnings.  Taking a quick look, interest rates appear low enough that the program could be sustainable in the long term but high enough so that a considerable amount of money could be made in a reasonable length of time.

In our review of the program, which we hope to publish in the next day or two, we will explain more about the mechanics of investing with TripleTheDaxx as well as make a detailed analysis of its investment plans.  Please stay tuned.

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