Last week was a tough time for anybody who had invested in bitconnect.co
The Short Story
Bitconnect is a lending platform that touts an average of 1% return on money lended to their platform. Unfortunately, there was a software exploit which allowed users to withdraw bitcoin they did not own. Needless to say it was a ROUGH couple of days for anybody with any money tied up in the platform.
Whew!!
Well, most of you may know that it ended well. Bitconnect froze the platform for several days and fixed the issue. Banned the accounts of those who withdrew funds that did not belong to them (they will have an opportunity to repay the stolen coins)
What I learned
Diversify...In the days that Bitconnect was down, I realized I could not rely on a single payout system, so I did some research and found:
Laser Online http://bit.ly/laser-online (so far my favorite)
Invest in Laser equipment with a minimum deposit of $5. You deposit money, and every business day for 12 days you get 12% return on your money. You do not get your capital back after this period, so it works out to be 44% ROI in 12 days or 3.6% per day.
Control-Finance http://bit.ly/ctrl-finance
This is a volitility trader along the same lines as bitconnect, but you don't get your investment back. You get lifetime ROI of 1% per day, with bonuses on deposits. This one I actually like better than bitconnect so far because you can select auto reinvest. (Reinvesting is a bit of a pain in Bitconnect.
Bitpetite http://bit.ly/bit-petite
This one is a bitcoin tumbler. Basically it is used for anonymous transactions as far as I understand. They have a 4.5% return on your investment for a period of 6 weeks. This works out to roughly 89% return. (You do not get your intial capital back upon the completion of the term. It is included in the 4.5%)
Anyway, if you are looking for some investments to try out. Please use my referral links above! Happy investing!