{"id":4043,"date":"2018-05-06T04:36:25","date_gmt":"2018-05-06T04:36:25","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=4043"},"modified":"2018-12-17T04:03:47","modified_gmt":"2018-12-17T04:03:47","slug":"cryptolux-review-part-1","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=4043","title":{"rendered":"CryptoLux – Review\u00a0Part 1"},"content":{"rendered":"

The CryptoLux \u201cCrypto Trading\u201d Program.<\/strong><\/p>\n

We very briefly introduced the CryptoLux <\/a>\u201cCrypto Trading\u201d program in our recent \u201cFirst Thoughts<\/a>\u201d article as follows:<\/p>\n

As the name implies,\u00a0CryptoLux<\/a>\u00a0has its own cryptocurrency trading system.\u00a0 It uses a \u201ctrading bot that generates a passive income\/profit up to 45% each month.\u00a0 Our trading platform represents the perfect opportunity for users that don\u2019t have the opportunity to trade on their own.\u201d\u00a0 It looks like your daily earnings depend on both the size of your investment as well as on your rank in their referral program.\u00a0 There are eight different ranks, the two or three highest ranks requiring very high minimum investments.\u00a0 A quick look at the daily returns for the different ranks indicates that they are fairly modest but still lucrative enough to be attractive to the HYIP investor.\u00a0 They also look as though they are in a range wherein you could expect the overall program to be a long-term survivor.<\/p><\/blockquote>\n

Before I elaborate on all this, there is one more piece of information that applies to all ranks of the Crypto Trading program.\u00a0 This is that the term of your investment ends when you have received a gross return of 150%.\u00a0 This, of course, implies a profit (or net return) of 50%.\u00a0 So, for higher ranks in this program, you will reach the 150% target faster than for lower ranks.<\/p>\n

Following, I am repeating a chart from the \u201cWhite Paper\u201d in the website that gives the \u201cInterest\u201d or daily return for each rank of the investment program, the \u201cROI,\u201d and the \u201cRunning Out.\u201d\u00a0 The last two terms require more information.\u00a0 The \u201cROI\u201d is the number of days for an investment at a certain rank to break even.\u00a0 You can determine this by dividing 100% by the gross daily return for the rank.\u00a0 For example, for the \u201cPlatinum\u201d rank, if you divide 100% by 1.35%, you get 74.07 which is roughly equal to 74 days, the value in the chart.\u00a0 The \u201cRunning Out\u201d is the length of time it takes the rank to reach the gross return of 150%.\u00a0 Again, looking at the Platinum\u201d rank, if you divide 150% by 1.35%, you get 111.11 or approximately 111 days, the value in the chart.\u00a0 Here is the chart:<\/p>\n

Rank\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Interest\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 ROI\u00a0\u00a0\u00a0\u00a0\u00a0 Running Out<\/p>\n

Bronze \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.16%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 86\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 129
\nSilver\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.25%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 80\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 120
\nGold\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.31%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 76\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 114
\nPlatinum\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.35%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 74\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 111
\nSapphire\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.39%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 72\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 108
\nEmerald\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.42%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 70\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 105
\nRuby\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.45%\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 69\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 103
\nDiamond\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 1.49%\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 67\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 101<\/p>\n

So, as you would expect. The higher the interest that is paid, the quicker you will break even (ROI), and the quicker the program will end for you (Running Out).<\/p>\n

By the way, ROI usually stands for \u201cReturn on Investment\u201d — the gross amount that is returned to you at the end of an investment plan. \u00a0CryptoLux <\/a>uses it to mean the number of days it takes you to get your investment returned.\u00a0 I\u2019m not sure which meaning of the term is right.\u00a0 I\u2019m not an accountant — just a confused investor.<\/p>\n

\"\"<\/a><\/p>\n

The next question, of course, is \u201cWhat are the qualifications for each rank?\u201d\u00a0 The answer is also in the \u201cWhite Paper.\u201d\u00a0 But, perhaps like calling the days to break even the \u201cROI,\u201d it is a little bit obscured. \u00a0Following is the information from the \u201cReferral\u201d section of the White Paper.<\/p>\n

Bronze
\nPersonal Deposit = 0
\nSales = 0
\nBonus = 0<\/p>\n

Silver
\nPersonal Deposit = $50
\nSales = $1,000
\nBonus = $50<\/p>\n

Gold
\nPersonal Deposit = $50
\nSales = $5,000
\nBonus = $200<\/p>\n

Platinum
\nPersonal Deposit = $250
\nSales = $30,000
\nBonus = $1,000<\/p>\n

Sapphire
\nPersonal Deposit = $1,000
\nSales = $100,000
\nBonus = $5,000
\nPlus two Platinum in your first referral line<\/p>\n

Emerald
\nPersonal Deposit = $2,500
\nSales = $250,000
\nBonus = $15,000
\nPlus two Sapphire in your first referral line<\/p>\n

Ruby
\nPersonal Deposit = $10,000
\nSales = $750,000
\nBonus = $45,000
\nPlus two Emerald in your first referral line<\/p>\n

Diamond
\nPersonal Deposit = $20,000
\nSales = $1,500,000
\nBonus = $80,000
\nPlus two Ruby in your first referral line<\/p>\n

I checked with the CryptoLux <\/a>chat agent and she indicated that \u201cSales\u201d refers to the amount of money deposited into the program by people that you personally refer — the first level of your downline.\u00a0 \u00a0She also indicated that the bonus is awarded to you after you qualify for a certain rank with the minimum Personal Deposit and Sales.\u00a0 It seems like a form of rebate to me.\u00a0 What distinguishes this program from many other HYIPs is that the requirements for a higher rank — and higher interest returns — depend heavily on your success as a recruiter.\u00a0 Usually, this is not a factor at all.\u00a0 Usually, the more that you invest, the higher the interest return that you receive.<\/p>\n

It took me a while to digest all of this.\u00a0 First you have to separate the \u201cCrypto Trading\u201d information from all the other information on the website dealing with the CryptoLux <\/a>CLX coin.\u00a0 Then you have to decode some of the information about the Crypto Trading program itself.\u00a0 But, after you do this, the program is really pretty simple.\u00a0 And, that\u2019s what we have accomplished here.\u00a0 But, to keep the length of this review under control, I think I will stop here.\u00a0 In Part 2<\/a>, we\u2019ll look at the pros and cons of Crypto Trading investment program in detail.\u00a0 I think that we will get to this is the next day or two.\u00a0 Please stand by\u2026<\/p>\n

*********************************<\/p>\n

If one of the paying programs on our Monitor appeals to you, please support EmilyNews<\/em> by registering for it on our website. Thanks very very much!<\/p>\n

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If you like this article, please share it by using the social media buttons below.<\/p>\n","protected":false},"excerpt":{"rendered":"

The CryptoLux \u201cCrypto Trading\u201d Program. We very briefly introduced the CryptoLux \u201cCrypto Trading\u201d program in our recent \u201cFirst Thoughts\u201d article as follows: As the name implies,\u00a0CryptoLux\u00a0has its own cryptocurrency trading system.\u00a0 It uses a \u201ctrading … CryptoLux – Review\u00a0Part 1<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1298,1307,1304,1305,1306,1312,1303,1308,1309,1311,1310],"class_list":["post-4043","post","type-post","status-publish","format-standard","hentry","category-reviews","tag-cryptolux","tag-cryptolux-info","tag-cryptolux-investment-plan","tag-cryptolux-investment-program","tag-cryptolux-news","tag-cryptolux-review","tag-cryptolux-scam-or-paying","tag-cryptolux-update","tag-cryptolux-updates","tag-cryptolux-io","tag-httpswww-cryptolux-iosponsoremilynews","exalt-entry"],"yoast_head":"\nCryptoLux - Review\u00a0Part 1 - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=4043\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CryptoLux - Review\u00a0Part 1 - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"The CryptoLux \u201cCrypto Trading\u201d Program. We very briefly introduced the CryptoLux \u201cCrypto Trading\u201d program in our recent \u201cFirst Thoughts\u201d article as follows: As the name implies,\u00a0CryptoLux\u00a0has its own cryptocurrency trading system.\u00a0 It uses a \u201ctrading … CryptoLux – Review\u00a0Part 1Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/emilynews.com\/blog\/?p=4043\" \/>\n<meta property=\"og:site_name\" content=\"EmilyNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-05-06T04:36:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-12-17T04:03:47+00:00\" \/>\n<meta name=\"author\" content=\"Emilynews\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/05\/cl.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Emilynews\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=4043\",\"url\":\"https:\/\/emilynews.com\/blog\/?p=4043\",\"name\":\"CryptoLux - Review\u00a0Part 1 - EmilyNews\",\"isPartOf\":{\"@id\":\"https:\/\/emilynews.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=4043#primaryimage\"},\"image\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=4043#primaryimage\"},\"thumbnailUrl\":\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/10\/CryptoLux468x60.gif\",\"datePublished\":\"2018-05-06T04:36:25+00:00\",\"dateModified\":\"2018-12-17T04:03:47+00:00\",\"author\":{\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33\"},\"breadcrumb\":{\"@id\":\"https:\/\/emilynews.com\/blog\/?p=4043#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/emilynews.com\/blog\/?p=4043\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=4043#primaryimage\",\"url\":\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/10\/CryptoLux468x60.gif\",\"contentUrl\":\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/10\/CryptoLux468x60.gif\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/emilynews.com\/blog\/?p=4043#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/emilynews.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CryptoLux – Review\u00a0Part 1\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/emilynews.com\/blog\/#website\",\"url\":\"https:\/\/emilynews.com\/blog\/\",\"name\":\"EmilyNews\",\"description\":\"EmilyNews Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/emilynews.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33\",\"name\":\"Emilynews\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/emilynews.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g\",\"caption\":\"Emilynews\"},\"url\":\"https:\/\/emilynews.com\/blog\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CryptoLux - Review\u00a0Part 1 - EmilyNews","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/emilynews.com\/blog\/?p=4043","og_locale":"en_US","og_type":"article","og_title":"CryptoLux - Review\u00a0Part 1 - EmilyNews","og_description":"The CryptoLux \u201cCrypto Trading\u201d Program. We very briefly introduced the CryptoLux \u201cCrypto Trading\u201d program in our recent \u201cFirst Thoughts\u201d article as follows: As the name implies,\u00a0CryptoLux\u00a0has its own cryptocurrency trading system.\u00a0 It uses a \u201ctrading … CryptoLux – Review\u00a0Part 1Read more","og_url":"https:\/\/emilynews.com\/blog\/?p=4043","og_site_name":"EmilyNews","article_published_time":"2018-05-06T04:36:25+00:00","article_modified_time":"2018-12-17T04:03:47+00:00","author":"Emilynews","twitter_card":"summary_large_image","twitter_image":"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/05\/cl.jpg","twitter_misc":{"Written by":"Emilynews","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/emilynews.com\/blog\/?p=4043","url":"https:\/\/emilynews.com\/blog\/?p=4043","name":"CryptoLux - Review\u00a0Part 1 - EmilyNews","isPartOf":{"@id":"https:\/\/emilynews.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/emilynews.com\/blog\/?p=4043#primaryimage"},"image":{"@id":"https:\/\/emilynews.com\/blog\/?p=4043#primaryimage"},"thumbnailUrl":"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/10\/CryptoLux468x60.gif","datePublished":"2018-05-06T04:36:25+00:00","dateModified":"2018-12-17T04:03:47+00:00","author":{"@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33"},"breadcrumb":{"@id":"https:\/\/emilynews.com\/blog\/?p=4043#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/emilynews.com\/blog\/?p=4043"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/emilynews.com\/blog\/?p=4043#primaryimage","url":"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/10\/CryptoLux468x60.gif","contentUrl":"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2018\/10\/CryptoLux468x60.gif"},{"@type":"BreadcrumbList","@id":"https:\/\/emilynews.com\/blog\/?p=4043#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/emilynews.com\/blog"},{"@type":"ListItem","position":2,"name":"CryptoLux – Review\u00a0Part 1"}]},{"@type":"WebSite","@id":"https:\/\/emilynews.com\/blog\/#website","url":"https:\/\/emilynews.com\/blog\/","name":"EmilyNews","description":"EmilyNews Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/emilynews.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/d198218498e05856be72796eea940a33","name":"Emilynews","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/emilynews.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/080b41979dac9ab029c0867a1655bdaf?s=96&d=mm&r=g","caption":"Emilynews"},"url":"https:\/\/emilynews.com\/blog\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4043"}],"version-history":[{"count":0,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4043\/revisions"}],"wp:attachment":[{"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/emilynews.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}