Post
Topic
Board Securities
Re: [RETURN] Announcing CoinReturn Financial IPO!
by
lynn_402
on 07/03/2014, 00:45:47 UTC

Maybe I mis-spoke/typo'd. Is there a specific part where you got 125% weekly? I re-read the whitelist and my posts and didn't see that but if I missed it could you let me know so I can fix that

To your question though, if we were getting 125% every week then we'd probably not need investors since we'd be busy swimming in our pools of money. As I said before though a really good week for us is 100% but some weeks are only 5% and a very rough estimate of "average' returns would be a range of 10%-50%, and even still some weeks where we lose money or basically break even. As a whole though we've come out ahead consistantly enough to feel comfortable expanding our portfolio to the public. We think if we can combine a good part of our funds with investors then the sum of the profits will be very much worthwhile to us. Bear in mind we (after the first month) are going to keep 35% of the profits, alot of projects on Cryptostocks give 90% of the profits to shareholders (supposedly anyway).
Please let me know if I didn't answer your orginal question or if you have anymore questions.

-Tom
Ok thanks for your answer, I misinterpreted "We consider turning 1 btc into 1.25 btc in a week to be a success" as your view of what is an average week's return. (By 125%, I meant the original 100% + 25% profit)

This do seem interesting.