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RE: Couldn't resist the urge...

in #bitconnect7 years ago

BitConnect reminds me of the HYIP (High yield investment programs) from 20 years ago. The offered high yields and dissappeared 6-12 months after their initial start. My best advice to you is if they last long enough to get your principal back in 299 days, then take the principal out and put into something like steem where they have the potential to take on Facebook. If this happens you could see steem challenging bitcoin for crypto-currency dominance.

In the future remember this, "The penalty of risk, is probable loss"! The higher the risk, the greater the chance for loss.

Anytime a program is offering 20-30% Return On Investment (ROI) per month should be a red flag for all concerned.

Just my 2 cents

crypto-ghost77

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Appreciate your feedback, and you makes a lot of sense. I have invested about 10% portfolio in Steem as it goes just did this as an offset investment hence the low(ish) stake. I have high hopes for steem!

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