So a newish investment scheme has been launched named Waitcoin. Now unlike Bitconnect they don't have an actual Cryptocurrency tying them to the market to convince everyone it's a legitimate programme but now I've got your attention and considering you can double, yes DOUBLE your bitcoin, it's worth another 2 minutes of reading this article.
It's an investment opportunity established by no other than Jared Kenna. For those not aware Jared was an early Investor grabbing BItcoin at a measly price of $0.20 a Pop, he invested quite a bit at the time currently landing him a net worth of at least $30 Million. After reading more into Jared I found he is a former marine which only adds confidence that he wants to do good of the people which considering Bitcoin is exactly that, adds to the weight that this programme has great potential.
After a quick niche google search of 'Is Waitcoin a scam?' which don't deny, we all do when investigating a new scheme or crypto. I found some quite interesting results, the first being that the CEO was no other than Jared!, that the site was Considered safe:
From someone who uses this website consistently as a rough guide to see if a site's legit, anything about 40% is considered good. Also, despite being a couple months in I can't honestly find one bad comment or remark in regards to waitcoin. I spent good 2 hours hunting and pulverising every website but nothing was salvaged.
Now, with all the scary uncertainty out the way more to the actual website and service. Basically, you send BTC to the address provided on your account dashboard. The amount is entirely flexible and depends how much you want to invest. Typically, the more you invest the sooner you get your original investment back, the minimum for waitcoin being 0.03. They basically mine BTC at their end and with the BTC they receive contributes to the mining equipment as logically the more they get the more equipment they can purchase, meaning the more BTC they can mine.
Another great feature about this service is that the payout is in BTC, unlike let's say Bitconnect (which I have nothing against) there's no middleman/woman, where you receive payouts in the form of dollars which you have to convert to Bitconnect tokens before you can finally buy BTC. So if you think about it the value of your BTC never degrades because your whole investment and returns are in BTC. An added bonus is that the payouts get sent directly to the wallet you save on your account, you'll be prompted to enter one as you create the account, it doesnt even have to be the same one you sent the original investment with.
-- Sign up and confirm your email
-- Send BTC to the address provided on your dashboard.
-- After the BTC has enough confirmations, you should be presented with the below:
Which confirms your plan (amount of BTC invested) and also the completion of your repayments.
-- Look to your left and you'll notice a mini menu, select my orders then listed in a table should display your orders:
-- Click the view details link which will present you again with another table, this time detailing all your repayments including the interest you make (Double your investment):
To wrap up, this is by all means no financial advice just a very in depth analysis on a potential investment opportunity while it's still new.
Interested? follow the link below...
