eve been saying for months that Ethtrade was a scam a ponzi scheme that in order to pay old investors they needed money from new investors... when the new investors stopped coming the site did not pay their users and also broke their promise and sold users portfolio without their permission also they forced all users to take a 60% cut...!!!
ethtrade claimed that they had traders but thats bullsh1t they never had traders they only had mlm system...
how to spot a ponzi scheme
referrals
they pay interest to good to be true
holding your money for months so they can have time to escape
now bitcconnect is the same exactly thing even more developed... bitconnect pyramid will survive longer due to youtube people promoting their referrals and showing of their money...
also the re invest thing will make them survive longer
bit connect does not have bot trading thats bullsh1t the price of bitconnect been going up because users keep investing in it because they bought the idea that they will get rich quick... by taking your btc and giving you bitconnect coins
now ethtrade is trying to do the exactly same thing giving people bullcoin taking their btc and eth...
i warned about eth trade long time ago they never listened now that they lost they money hope they learn the mistake and not jump in another better designed ponzi scheme called bitconnect... you should not trust sites like that they are all scams... once they run out of new money they will shut down and there is nothing you can do...!!!!
dont believe those people who say they making money they sure are however they are making money from your referrals.... people who are promoting this ill let them know they are harming their reputation in the long run....
others be aware if its sound to good to be true i guarantee you that is not...!!!