First Thoughts on Cryptoverdrive.
We’re happy to welcome Cryptoverdrive to the EmilyNews monitor. They are a new online investment program and just began a “Diamond” listing with us. We’re pleased that they have chosen to list their program with us at the beginning of their online operations.
Cryptoverdrive is one of a number of online investment programs that claim to be involved with BOTH cryptocurrency trading AND cryptocurrency mining. This is an ambitious undertaking as the two endeavors require completely different forms of expertise. However, there is nothing wrong with diversification if it is done right. Here’s are a few paragraphs from the Cryptoverdrive website concerning how the company works:
Cryptoverdrive is strategic consultancy team who specialize in the field of crypto currency. We make sure to continuously plan and discuss strategic ways on how to trade and mine bitcoins.
Cryptoverdrive paves its way to the top of crypto currency industry. Our goal is to guide and lead our investors to a rapid increase in their bitcoins or any other crypto currencies.
Cryptocurrencies requires a lot of multidisciplinary approach to understand it and to successfully invest in them. We can coach our investors on how to maximize big monthly/daily incomes thru mining and trading crypto currency.
I am intrigued by the name of this company — “Cryptoverdrive.” Nowadays, many people might not know the roots of the term, “overdrive.” Here’s an explanation and this has absolutely NOTHING to do with the Cryptoverdrive online investment program! In an old-fashioned manual automotive transmission (the kind where you have to shift gears as you accelerate), the ratio of speed of the input and output shafts of the transmission is 1:1 when it is in top gear (the shafts are direct-coupled). When you start out in first gear, the ratio might be something like 5:1 in order to get more power to the wheels and enable the car to accelerate. Then, in second gear, it might change to something like 2:1 in order to enable the car to continue to accelerate up to cruising speed. Then, you would shift into top gear with a ratio of 1:1 (usually third or fourth gear) to continue on. So, the input shaft turns at a higher speed than the output shaft until top gear when, finally, the speeds are the same. Well, suppose that you would like to save gas or that you would like to cruise at a higher speed than normal. In some vehicles, an additional “gear” was included that enabled the output shaft of the transmission to turn at a HIGHER speed than the input shaft. This was called “overdrive.”
Getting back to business, Cryptoverdrive offers three investment plans for the online investor. All of them have the same investment limits which are from $10 to $10,000. So, no one is locked out of a plan due to a high minimum investment requirement. Two of the plans are what we refer to as “After” plans because the investor doesn’t receive any return until after the plan is complete. The third plan pays a daily interest that returns your investment as part of it. This is probably the best TYPE of investment plan as the portion of your investment that is at risk decreases on a daily basis. The “After” plans would appear to be the riskier type to get involved with.
A few quick calculations tell me that returns are satisfactory and that higher returns go along with the riskier types of investment plans. This is the way things usually work out with the typical HYIP.
This is only an introduction. We’ll provide a complete analysis and discussion of the Cryptoverdrive investment plans when we review the program. The review will be published in a few days. Please stay posted…
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