If you have not yet seen your closing e-mail and withdrawal address validation e-mail, please contact support@cryptomen.com We want to get that out to you ASAP. I still have 1 MIA contributor and a few people who deposited dust to refund.

CryptoFund will be traded with the following allocation:
-75% | CryptoBot
-25% | Manual Trading

About CryptoBot:
CryptoBot is our newest trading tool that will be unveiled during the trading period of CF01.  CryptoBot (manually configured and monitorized on a daily basis) will trade in two primary ways, continuously adjusting to market conditions:

Low Risk - BTC/USD/CAD/Altcoins
High Risk - Altcoins

Low Risk Configuration:
Our low-risk configuration automatically rebalances our portfolio with fiat currencies, Bitcoin and altcoins.  This configuration is based upon the fundamental belief that in the long run the value of Bitcoin will continue to grow.  The configuration rebalances, using the Shannon’s Demon strategy to capitalize on volatility in the market.  For instance, if we believe Bitcoin is bullish, we will rebalance attributing a bigger proportion of our fund into Bitcoin, waiting for new opportunities in the market.  Conversely, if we believe Bitcoin is stagnant (like what we see right now), we will hold an equivalent proportion of altcoins and bitcoin, being more careful about the volatility in the market.  On the other hand, if we believe Bitcoin is bearish, we will rebalance buying more altcoins or fiat currency like USD.

High Risk Configuration:
Our high risk configuration rides the volatile pumps of the market, based on volume increase on a 6-hour time scale trend and our custom configurations.  We have a trading team of 10 successful traders in the Bitcoin community.  With our team, we have daily and weekly meetings to discuss our trading strategy and update the parameters of CryptoBot.
To do this, we create a white paper to list all the coins we believe will succeed based upon different attributes (development team, innovative features, etcetera).  We then rank each coin based upon their attribute scores and enter those coins into CryptoBot.  Each meeting we re-evaluate our current coins in the system and evaluate new coins- making adjustments as necessary.

About Manual Trading:
Our manual trading strategy is involved with the riskier altcoins.  It is here we speculate on coins that are not in CryptoBot, such as IPO’s and coins that don’t fit the parameters we have defined for CryptoBot.  An example would be a coin that currently has a volume below our CryptoBot threshold, but we feel an upcoming development will have a significant impact on the price that we can take advantage of.  These coins are all discussed in our trading group meetings and action is taken when gains seem probable.  These coins are our highest risk for losses and are traded with a small percentage of the fund in accordance with our risk management strategy.

Risk management:
Our risk management strategy involves a fund percentage allocation of: 50% in rebalancing, 25% in high risk altcoins and 25% in manual trading. This allocation allows us to limit potential losses, but will enable us to capitalize on opportunities as they arrive.  Our rebalancing parameters are highly dependent upon our coin ranking whitepaper system that is conducted in our trading meetings.

Disclaimer:
This is not a stock mutual fund. We can not tell you we will invest 25% of the fund in blue chips, 25% in metals, 25% in technology and 25% in bonds and we cannot guarantee a specific ROI.  What we can tell you is that we are constantly diversifying and rebalancing our portfolio with the movements in the market and we have an established trading strategy with some of the best traders in the industry.  We are very confident that we will be successful.  But even with these systems in place, this market can be extremely volatile and unpredictable (hacks, FUD, etc.), and losses can be incurred.  Please, invest no more than you are willing to lose.

We have another thread which has more comments as well as our newest announcements. https://bitcointalk.org/index.php?topic=811602.new#new

Montreal, October 23rd 2014

Bitcoin Embassy welcomes Cryptomen in its coworking space

The Bitcoin Embassy, the world’s first physical space dedicated to cryptocurrency and distributed technology, is pleased to announce that it will now physically host the altcoin analysis group Cryptomen in its collaborative working space. This partnership is in line with one of the Bitcoin Embassy’s most important goals: to bridge the knowledge gap between interested investors and participants in the cryptocurrency economy.

“We have observed a rapidly increasing interest in cryptocurrency investments from traditional financial institutions and private investors.  Many of those who believe in Bitcoin’s potential are interested in diversifying their investments while nevertheless remaining outside of the fiat economy”, says Francis Pouliot, director of public affairs at the Bitcoin Embassy.

Alternative currencies offer an ideal solution for such investors, but their viability is difficult to assess and the industry has been rife with fraudulent investment schemes. We have offered our working space to Cryptomen because we believe they will contribute to bringing clarity, expertise and transparency to the altcoin investment ecosystem.


CryptoFund is a cryptocurrency investment fund spearheaded by Cryptomen CEO Jean-François Hotte and CTO Marie-Lynn Richard.  Cryptomen was first founded in order to provide accurate and trustworthy information to cryptocurrency traders. “As active traders and crypto-enthusiasts, we wanted to help more people get involved in trading”, says Jean-François Hotte, “we began offering ongoing premium portfolio management services but we felt like we were still missing something”.

With CryptoFund, Cryptomen have the unique ability to bring portfolio management to any willing investor in a completely transparent and exciting way. Each fund is launched individually after a 30 day open funding period during which investors simply create a profile with a unique deposit address, enter their payout address and send the funds they wish to invest. Once trading begins, users can log in and monitor the trading activity and their portfolio balance in real time. The service is free, with traders remunerated with 25% of trading profits.

The Bitcoin Embassy does not officially endorse any investment scheme, including CryptoFund, but we can attest to the honesty and expertise of CryptoFund’s management. We remind potential investors that cryptocurrency investments should be considered high risk.

The Bitcoin Embassy is the world’s first physical space dedicated to the adoption and development of cryptocurrency technology. It is a non-profit organization based in Montreal, Canada. For more information, please contact Francis Pouliot at francis@bitcoinembassy.ca.

Great comments Lemayilleur! First and foremost, I'd like to apologize for neglecting this post, we have been hard at work! Here are a few updates we have for you guys:

-We have moved into a new workspace at the Bitcoin Embassy in Montreal.  This opportunity has provided our team with great networking with some of the best and brightest people in the crypto community.  Here is a link that will give you more information about our move:

http://cryptomen.com/2014/10/cryptomen-moving-onward-upward/

-CryptoFund has been featured on www.cryptocoinsnews.com! Giulio Prisco https://sites.google.com/a/giulioprisco.com/giulio-prisco/ has written a very nice article on the fund that is bringing massive traffic and interest to our website.  We have seen a huge spike in registrations, BTC pledges and views.  Check out the full article:

https://www.cryptocoinsnews.com/cryptofund-investing-digital-currency/

As to the risk; you are certainly wise in your strategy; never invest more than you can afford to lose.  Crypto-currency trading has extremely high potential for gains, and equal opportunity for loses.  We believe in our ability to perform well in this market, but there are no guarantees of success.

As to your last question; we are convinced our progress and following will continue to grow as we continue to build on our developments.  Additionally, we believe that our system is the most transparent one on the market.  All trades are displayed as they occur and our chat remains open for our users and traders to communicate 24/7.  Our reputation is everything to us, and we are confident that we will continue to gain trust in the community.

I hope this answers your question and provides some exciting news.

Cheers!

At Cryptomen.com, we know how much time and energy it takes to even begin to be a successful trader of crypto-currencies.  Information is scattered through so many different sources, like this forum, coin developer forums and websites, blogs, IRC channels, Facebook groups, reddit, and the infamous twitter, and thats not even all of them! We understand very few people have the time to monitor such disperse information, let alone act on it in a timely manner.  

As active traders and crypto-enthusiasts, we wanted to help more people get involved in trading, show them results they could brag about, and we wanted to do it in a way that they could be involved and learn. So six months months ago, we began offering ongoing premium portfolio management services, and more recently, we began posting weekly recommendations on our blog, both of which have been tremendously enjoyable for our clients, viewers and ourselves... but we still felt like we were missing something...

We came up with the idea for CryptoFund, to bridge the gap between these services. With CryptoFund, we have the unique ability to bring portfolio management to anyone who wants it, in a completely transparent and exciting way.






 

Thank you! We are excited to have you!

At Cryptomen.com, we know how much time and energy it takes to even begin to be a successful trader of crypto-currencies.  Information is scattered through so many different sources, like this forum, coin developer forums and websites, blogs, IRC channels, Facebook groups, reddit, and the infamous twitter, and thats not even all of them! We understand very few people have the time to monitor such disperse information, let alone act on it in a timely manner.  

As active traders and crypto-enthusiasts, we wanted to help more people get involved in trading, show them results they could brag about, and we wanted to do it in a way that they could be involved and learn. So six months months ago, we began offering ongoing premium portfolio management services, and more recently, we began posting weekly recommendations on our blog, both of which have been tremendously enjoyable for our clients, viewers and ourselves... but we still felt like we were missing something...

We came up with the idea for CryptoFund, to bridge the gap between these services. With CryptoFund, we have the unique ability to bring portfolio management to anyone who wants it, in a completely transparent and exciting way.