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RE: THE TRUTH | every Bitconnect member has to see this!

in #bitcoin7 years ago (edited)

I understand your perspective. Back in the day, I used to trade penny-stocks and I knew damn well that 99% of em would be at $0.000000 in the long run, but they would sometimes pay out thousands of percent in the short-term and I was there to collect on a few of em.

But, but, but, but, but ,but, but, but, but... I would NEVER. EVER try to talk someone else into trying out a "flip" of a penny-stock, because I knew that it was INSANELY risky business.

Bitconnect is a little different from most penny-stocks in that it has quite a bit higher liquidity (easier to trade in and out of), so I wouldn't consider it as risky, but it certainly has a lot of the other elements of the "pink-sheets", which is why I, personally, wouldn't try to sell it as a good investment, nor a "flip", for that matter.

If anything, I'd drive home the message to "THOROUGHLY do your own due diligence", before even considering to consider taking a position.

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