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News Commentary #579 – BitAeon First Thoughts

First Thoughts on BitAeon.

BitAeon just purchased a “Sticky Diamond” listing on the EmilyNews monitor.  They are a new program and have only been online for around two weeks.  We welcome them to our monitor!

BitAeon is an unusual program in that they claim to be involved with a number of radically different forms of businesses.  These include forex and cryptocurrency trading as well as investing in blockchain and crowdfunding.  Diversification is always a good idea — if you can keep up with things.  Let’s see how BitAeon makes out in this department…

Here’s how BitAeon describes its operations on its website:

BitAeon is a next generation investment platform that combines all of the most popular earning options together in one place. In addition to the classic Forex trading and currency exchange we are utilizing the powers offered by Blockchain and Crowdfunding. Blockchain is the main force behind the latest innovations in the world and has created many new industries that we all can benefit from. It presents nearly limitless possibilities for developers to create applications, financial instruments and other decentralized services. Thanks to Blockchain, never before seen businesses are thriving and taking over the world. Gathering funds via Crowdfunding has become a standard entrepreneurship practice and has helped thousands of companies to start their business. And with all these advances there is money to be made.

Our main goals are to make these investment markets accessible to everyone. In order to earn from investing in Blockchain you need to have a well-developed base of knowledge. It takes a long time to master and the majority simply cannot afford to do so. Even those who try often fail due to the complexity of these new technologies. That is where we come in and offer our services.

BitAeon offers only one investment plan.  For the investor, this simplifies things a great deal.  It’s what we refer to as a “perpetual” investment plan, which means simply that you invest once and you earn forever — like a standard bank account (but with a MUCH higher interest rate).  The interest rate is 3% on business days and 1.5% on weekends.  The minimum deposit is .005 BTC — around $30 — and it looks like the sky is the limit on the other end.  Unlike many online investment plans, you can back out of the program at any time (after the first 24 hours).  Or, you can withdraw a portion of your deposit.  However, there is a 10% penalty if you do this.  To sweeten the pot — and add a bit more risk for the adventuresome investor — compounding is available (up to 100%).  However, it looks like additions to your principal due to compounding cannot be withdrawn and this is something that I will verify one way of the other when we review the program.  The review will be available in a few days.  Please stand by…

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