**Updated FAQ from our website**Can I change my mind?Yes, please make sure you have a BTC return address in your account and write to us at
support@cryptomen.com from the address you used to set up your account. Please include the amount you wish to retrieve if it is not a complete refund request.
Can I send funds multiple times?Yes, you can send funds as many times as you want to your personal bitcoin address. As long as your ending balance is over 0.25 BTC, they will all be included in your stake. If you send less than the minimum of 0.25 BTC, your funds will not be included in Cryptofund CF01 and will be refunded.
Why can’t I deposit BTC right now?It is likely that the funding period has ended and the trading period has begun. Stay tuned for the next fund launch to participate.
Is it bad to close all positions all at once at the end of the trading period, what if the coins are down, do you extend the trading period to accommodate?Each fund has a different time horizon. Our traders only invest in coins that are suitable for the time horizon of the particular fund under management. For example, a 6 month fund might hold several IPO coins and a few longer term trades, whereas a 1 month fund would be focused primarily on day trading and very short-term positions. We do not extend any trading period, rather our traders tailor their trading approach to each particular fund.
I would like to know what the estimated ROI is? 5%? 10%? or more?There are no estimation ROI in any traditional funds (stocks, mutual funds). For many reasons: 1. It it illegal to promise ROI when it’s unpredictable. You should be careful about people offering you ROI. 2. It really depends on the market. We have a good team of traders using great trading tools, experience and research. Since crypto-currencies are very volatile, there are no estimation of the return on investment.
How long is your trading period?We mentioned it on our CryptoFund page and BTT. The period is 4 months.
For example; if I deposit a minimum of 0.25 BTC, how much will I receive at the end of the trading period?Our first question answers this one, we don’t have a crystal ball, it depends on our trades and the market.
Will I ever lose any BTC if there are losing trades? Do you guarantee my initial deposit?Yes, of course if the market is bad, and we buy digital currencies that are losing, you can lose BTC. And no like any other financial investments we don’t guarantee your initial deposit. Ex: If you deposit 10 BTC and we make 100% gain. You will receive 17.5BTC, because we charge 25% of the profits. If you don’t make money, we don’t make money.
Is there a way to partially withdraw my profits and re-invest the rest? Such as compounding?There are no withdrawals during the 4 months trading session. We are already reinvesting all the profits in the fund.
Any plans to start an affiliate program so that existing users can refer other prospective investors for commission payments?Yes: We would like to remunerate our clients when the refer us other clients. It’s in our plan, but only for the next CryptoFund.