Many people lost a lot of money, life savings, and even houses to bitconnect. if you are one of these people, youve broken one of the biggest rules in investing: **NEVER INVEST MORE THAN YOU'RE WILLING TO LOSE!! **
Note that bitconnect is not closing down they simply discontinued their lending platform
So, you're stuck with "worthless" BCC coins. What to do now? Well idk, I'm not a financial advisor and this blog is not intended as financial advice. This blog is intended to share my crypto journey.
My crypto journey has led me own 11 BCC roughly valued $363 (at the time Bitconnect released everyone's coins). Today 1 BCC is worth $16.23. After many stress cigarettes, and much thinking I decided to spend some bcc to buy bccx and stake the rest. Is this a good idea? The best one I can come up with. Am I a financial expert? Hell to the no. I'm just trying to cut my losses.
If you for whatever of the plethora of reasons can't buy into bccx, stake your BCC.
If you don't know how to stake your BCC let me know in the comments below and I'll dedicate a post to it.
Thanks for the upvote!!