Today is one of those crucial days , where yet again , it has been proved that Daily payout System is absolutely not sustainable. I have been keep on sharing the Same time and again but it hasnt reached to people and they think i am just doing to to increase my deposits.
Davor Coin Lending Plan is finally closed and like Bitconnect people have lost massively.
Why this actually Happened ?
In an actual trading scenario the min time to book 8%+ profit is 72 hours ( This scenario is valid if you are trading for external client) . There is absolutely no system which can trade on daily profit for commercial purposes. What these lending platform do is quite interesting. They follow a 70:30 ratio for daily payout system.
For example if today's Interest Rate is shown 1% then 70% of the 1% shall be covered by the the money rotation and the rest 30% is covered by the trading inflow.
Now the point here is even if they follow the influx trading scenerio under this segment , still they are doing over 95% of money rotation. Which clearly states that , its not going to last for ever. The reason behind is , If you are not entirely dependent on Actual trading , then the daily percentage what you are offering is entirely false and you cant expect every month to have huge deposits .
NOW DO THE CALCULATION !!
My suggestion to each and every individual who is reading it is to stay away from any platform which is offering you daily or weekly payout as they are bound to go down and if you have invested in it , you are like to bear a huge loss out of it.
HAPPY SAFE INVESTMENTS.