RE: TO BitConnect or NOT to BitConnect, that is the question. Feedback wanted and welcomed!
Go for it!
To date I have been very happy with their payouts but please be cautious since things could change and only invest what you can afford to lose.
I invested a little over $1000 to get the extra 0.1% daily payout and after ~ 2 months these daily payouts have just about covered my initial investment. However I decided to keep most of my profits in BitConnect and glad I did since the price has gone up significantly during this time due to fixed amount and increased demand and would have far exceeded (1.5x to 2x) my initial investment + I still have my initial investment😊
I did this without any referral bonus, pure investment in lending bot + (stacking and staking coins.) Their MLM marketing system reminded me of a pyramid scheme so I wanted to proof to myself it was legit before telling others which I have. Below is my referral link to BitConnect in case you want to be my first referral.
Thanks Rich! I am looking at it now because I see that in the last 7 days, even 30 days its been 1.15-1.3% per day, and even at 500 bucks or more, looking like you said, around 70-90 days to get it back, then reinvest and boom!
Got a question for you, is it that easy to lets say, do 1100 bucks, then the interest comes in, can I just "reinvest" that back into my total investment easily? Not looking to cash out from Bitconnect, just get it up to making around 50 bucks a day, which I would assume would be around 5k invested. Plus I don't wanna hustle referrals.
Hey I'm lending to bitconnect too, it returns an average of 1% a day so basically you get your initial investment back in around 100 days, you can't keep reinvesting your interest, the minimum investment is $100 so you'd have to wait till you have that much made from interest payments first then you can lend it out and so on.
I find it great so far I'm still skeptical but I'm taking my interest payments out until I have recieved what I put in, then ill start to reinvest that way I've nothing to loose if it does disappear.
I invested $1600 about 3 weeks ago and so far I've nearly $500 back from interest payment.
If interested id be delighted if you used my referal, https://bitconnect.co/?ref=Alexrickard
But a little tip create 2 accounts, and link the second to the first, you will need 2 email address for this but this way you'll recieve the referal commission in your first account 😉, again id be delighted if you used my referal for the first account. You'll still get the 7% but you'll help out a fellow steemian and I would get the next referal of 3.5%
This is fantastic info, thank you Alex! Im going to use a code of a steemian, I love that 7% kickback idea but I am learning so much that I want to share the love. Not when I invest, can I use a different code each time? Like Genesis Mining style, so a lot of people can gain from the investment?
Nope it's only the referal you signed up with
Yes, very easy to re-invest the interest. I did a little of this to test it out but wanted to secure my initial investment to mitigate my risk. Now that I achieved this I plan to start re-investing the interest. Only down side is this is in USD so you do not get the gain in Bitconnect going up