Three days ago Bitconnect suspended all its functions lending platform and exchange. For those who don’t know Bitconnect was a lending platform which gave 48% interest monthly, well that was huge. So people now are criticizing Bitconnect .
Well people who invested in Bitconnect fell for 48% which they can’t get anywhere. They all invested for their own gains .How can anyone give such huge profits out of thin air. Yes what Bitconnect did was wrong and people responsible for that should be in jail, But Greed which helped them to do so . and it’s not the first time many ponzi scheme were there in the past all which the same 4 times your investment in year which no work at all . How is this even possible? Even I lost huge chunk in Bitconnect but It was all my fault I fell for their scheme.
Its time we take good lesson out it and don't ever invest in these schemes .