First Thoughts on Monelo.
Monelo is a brand-new online investment program that just began a “Diamond” listing on the EmilyNews monitor. We appreciate the fact that they have chosen to list their program with us since the beginning of their online presence. Diamond is our premier listing and it is our hope that listing in this category represents a commitment to long-term survival of their program.
Monelo claims to generate the revenue it uses to pay returns to its investors by means of investments in four different activities. Diversity is always sound business logic and I presume that this is the thought behind what they are doing. According to the website,
Monelo is an industry expert developed investment platform that serves as an all-in-one diversified portfolio for its users. This portfolio is a combination of a multitude of researched investments within four main areas of expertise: venture capital, digital currency exchange, bitcoin mining and Forex trading.
For the online investor, Monelo offers a single investment plan. It is what we refer to as a “perpetual” investment plan, meaning that you make a deposit once and you continue to earn interest on your deposit forever. You can also withdraw your deposit at any time after a 24-hour waiting period, after which interest payments will naturally stop. There is a fee of 10% of your deposit in order to withdraw it. In short, the investment plan functions very much like a normal bank account. However, as you would expect, since it is an HYIP, the interest that you can earn from the Monelo investment plan is much higher than you can earn from a bank account. The plan pays 3% on business days and 1% on weekends. The minimum investment is 0.005 BTC, around $45.
This is a fairly complete description of the Monelo investment plan. We’ll analyze it and discuss its pros and cons when we review the program. Please stand by. Our review will be published shortly.
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