What is the minimum investment amount?
The minimum investment amount is 0.02 Bitcoin for 1 share.
How do the investments work?
We collect Bitcoins every week (Mo-Su) from our partners. In the following week, we open positions with those funds (for example: 5 different crypto currencies with different durations).
What is an investment period?
We are grouping all deposits we receive in one calendar week (Monday - Sunday) into one "Investment Pot". After that, we start investing into altcoins.
The reasons behind that are quite simple:
1. It's easier for us to structure the payouts and organize everything in the backend.
2. It's the best way for us to make sure that everyone gets exactly their fair share of their investment's profit.
You and 9 other people have invested 1 Bitcoin each in calendar week 1, i.e. this investment pot consists of 10 people.
Therefore, each of you hold 10 % of this investment pot.
Hence, if we make a profit of 20 Bitcoins with this investment pot, you will receive 10 % of that profit which is in this example 2 Bitcoins.
How long are the durations of my open positions?
It can take between 4 weeks and 9 months before we close a position, depending on the coins we're investing in that calendar week.
We solely invest long term as day trading is too risky, less profitable and, in our opinion, for gamblers.
You get your profit share as soon as we think that the upwards trend of a coin has ended and we close the postition.
Do you guarantee a fixed percentage?
No. Simply because it's impossible to guarantee anything in this market.
Can I get my Bitcoins back any time?
No. As long as the positions are open, your investment is tied up.
Is it possible that I lose all of my Bitcoins?
Yes. The blockchain and overall crypto currency industry is in a very early stage and you can never be sure if there are any security holes in this technology that could lead to a complete loss.
However, we reduce this risk to a bare minimum due to our knowledge and experience.
What happens if you have to close a position at a loss?
We're taking a portion of every successful trade and put it into a backup fund that should cover potential losses.
If that backup fund is depleted, we will deduct the loss from your investment.
If we close a position where you had 1 BTC invested in and we made a loss of 10 %, you will get credited back 0.9 BTC.
Can I see which Altcoins you have invested in?
Yes, you're going to see an overview in your backoffice.
However, we will not provide information of how many coins we have bought and at which price we have opened and closed the positions.
What is the minimum amount I need to request a payout?
Yes. You have to have at least 0.02 BTC in your account before you can request a payout. This is simply due to the high network fees of Bitcoin.
How do you fund yourself?
Every time we make a profit with your funds, we take a portion of the profits.
Do you provide accounting documents for the transactions?
No. Every partner is responsible for their own accounting and tax regulations management.
How much volume did Cryptrocket start with?
Registered partners during prelaunch: 135
Invested volume in Bitcoin during prelaunch: 568