When Certain People Were Pushing This Garbage on Steemit and Youtube I Was There to Warn You.
In our crypto trading groups on Facebook we were banning people daily. Humans seem to continue to fall for this garbage.
Never Give Up Your Crypto for Possible Future Gains via Ponzi, MLM or HYIP Schemes.
When people say, "but Randy, people lost a lot of money because of Bitconnect". I don't feel bad here is my list why.
- A simple Google search of Bitconnect would have opened up Pandora's box.
- People are greedy.
- People are lazy.
- People don't educate themselves.
- People can't do basic math.
I Have Made Mistakes as Well.
When I first went big into Crypto I bough into an HYIP (High Yield Investment Program). The number seemed so appealing and I was still green behind the ears in crypto. I invested 1 Bitcoin and after a few weeks the website disappeared. I lost .5 BTC in that debacle. But you know what I did? I accepted my stupidness and did not blame anyone else.
I also have BTC cloud mining pools with Bitclub. I have invested over 20 Bitcoin in Bitclub. Would I recommend others do it, nope! If I knew what I know now there is no way in hell I would hand over my Bitcoin to be paid back scraps. Sure I earned my money back in USD but I have not come anywhere near a return on my BTC invested.
There is a Great Aspect of Life That People Should Utilize.
Listen to those who have come before you. We have a wealth of knowledge to pass down.