However, I've been around long enough to know, nothing lasts forever. You might be aware that 'The only thing that never changes in life, is the fact things always change'!
In view of that, I've already been looking to diversify and continue in my quest to accumulate crypto currencies as fast as I can. Having a diversified portfolio of BTC generators (I won't use the word 'investments') only makes sense. This is my course even under the best of circumstancs.
By now you've likely read the new policies being implemented by GC in your back office or heard of them in chat rooms.
It's too early to draw any conclusions yet until final clarifications come out, but I have some insights based on extensive experience that I feel are pretty close to 'probable' reality and I'll share those with you, understanding that I could be completely wrong.
There's a new fee being collected/deducted which changes quite a lot. From what I read it will be based on the value of the contract, paid monthly. So a Spartacus 7 contract with 4 BTC in play, to pay out 8 BTC is 15% of 8 BTC (1.2 BTC), paid monthly.
Based on the volume GC is trading off of, this is an astronomical figure and based on the good faith that I've seen demonstrated from the GC folks, I don't think this is just greed going into their pockets. They say it's 'operational costs', which, if true means one of two things;
A) They are not doing their own trading. They've contracted it out and based on the success so far, their traders are putting the squeeze on them and saying if you want to continue your program like we have been, 'Pay Up'! I've seen too many businesses fail due to absolute greed, which is what this would be 'IF' it were true. It may not be.
B) The other possibility is that trading has been a little rocky as of late. In view of that, they've decided that in order to continue to assure the daily payouts, they need a little reserve set aside to cover future losses or recoup pervious losses. It happens.
I would venture to say that B) is more likely because not only are they implementing the new fee immediately (Monday) but they are also forcing you to buy a new position in their 'Profile 2' in order to maintain your downline in Profile 1.
This appears to me to be an additional 'call for capital' which would underscore their need increase their base of capital in order to continue. This would be a serious crack in the armor from my perspective and could possibly be a portend of things to come.
If they are short of capital, they already have many people upset, worried, hesitant judging by the chatter in the groups. If people don't respond well to getting into Profile 2 (the call for capital) the question will arise, how healthy are they and how long can they continue?
Time will prove things out. These are things to help you formulate your own strategy.
One thing we know for sure: they've been paying daily like clockwork and have been steady and reliable for the most part.
Here's what I'm going to do:
Like I said, even in the best of times before this announcement, I've already started thinking about taking some profits and diversifying into other programs. (See below) It only makes sense.
As for GC, I'll keep my primary position in place (S7) and follow the program to add a 'small' Profile 2 position. I'm not going to cook the goose while it's still laying golden eggs.
When my secondary positions come up for renewal, (2 S7's and one S6) I'll take a very hard look at what I'm seeing and give some thought to not renewing my secondary positions and spinning those profits off into my diversified basket of other opportunities rather than renew, if I have any further reason to feel uneasy.
With 3 S7's and 1 S6 I have 14 BTC in play which is a pretty fair amount. I started with 2 BTC out of pocket 2 months ago so I'm very pleased with what's happened so far.
Re: Diversification
BetRobot: Just recovered from some down time where they feel they were hacked, or had some other technical problem which put them on the floor for a couple days. But they're back in business and paying 1% every four hours, so they say and for the most part it's true. That's 6% a day. I've actually seen 3 days of uptime trading and gains have ranged from 3% to 6% daily with the downtime and reboot. But it is a pretty neat system.
I'll be attempting my first withdrawal to test that, tomorrow when I've accumulate sufficient profits to do that. There is No website, for security. They do have a news blog. That, and the entire system is operated by an app which is used and accessed by 'Telegram' which is an app you download onto your smart phone. Once you have Telegram on your phone, you can search for me listed as 'Lone Wolf'. Once we connect there, I can share details from there.
Until I gain more confidence, I'm pulling profits out to recoup my investment and then i'll see if I want to compound the gains by re-investing which would accelerate growth.
AltCoiner: Just started this today and I'm already seeing profits. Very professionally done, sophisticated, well presented, transparent company established in 2013 in Hong Kong. The plan I'm on can start with as low as .01 BTC and earns profits hourly 7 days a week ranging from .14% to .21%. (which is 3.3% daily on the low end) . To have a look and open a free account
Click Here . See what you think.
I'm evaluating others, and still cant' recommend the above, as I'm too early in the game to give them my complete recommendation. But, I like what I see so far and if you're interested in diversification, you can perhaps help me with the evaluation. If all works out well, we'll be in good shape to move forward.
I also have others that look very good, so start making some profits and we'll soon be the Warren Buffets of cryptocurrencies!
I hope that helps.