I said I'd update everyone after a couple weeks of having invested with Bitconnect. So here you go...it's been 2 weeks, and here's what I've made:
$900 off of $3,800 that I invested in lending...in 2 weeks! Now it's no , but still not too bad. I still have the same concerns over it being a Ponzi scheme, but even if it is, it takes years to investigate and shut down a Ponzi scheme. That's a lot of time to capitalize on this coin. Are Ponzi schemes even illegal where this coin is based? I'm not even sure about that. Does anyone know? In the meantime, you can't make this kind of interest rate anywhere else. With such a low supply of bcc tokens, this coin has a lot if room to run. With the fact that bcc coins are locked in for the duration of the loan, makes the coin hold it's value over most others, and protects against huge sells at anytime. I get all the skepticism, but I'm getting less and less skeptical having done my own lending now, as well as having seen multiple others do incredibly well for longer than I have. This coin is going to big for years to come. Use my referral code and check it out. It's nice to have that money coming in monthly off of interest which can be instantly transferred out to Bittrex, or reinvested in lending!