Honest feedback on Bitconnect
Hi,
I'm quite new to crypto but i'm becoming increasingly frustrated when people make decision and then blame everybody else but themselves.
Big topic this year is the "downfall" of Bitconnect, people seem to forget Bitconnect is still running you can trade you can stake you just cant lend anymore. Yes the value of the coin is far less than what it was at its peak but unfortunately this was happens in any sort of exchange whether it be crypto, forex, shares etc. You take this risk when you invest, you take the highs and you also have to be prepared to take the lows.
Blaming people like @trevonjb is ludicrous, people need to take a long hard look in the mirror as it was you that deposited BTC it was you who bought BCC it was you who clicked Lend. You are responsible for your actions nobody else.
I did indeed have almost $2000 invested into Bitconnect, which like everyone else have had this returned into BCC coins. These are now worth around $50 ... I've asked myself this question on numerous occasions why did everyone sell these coins for such a low value, whats the point?
I will Hodl and see what 2018 brings for Bitconnect. Bitconnectx is just around the corner so I'm sure there are plans for but Bitconnect and Bitconnectx so we have to wait and see but im certainly not selling at this price!
You may call me crazy but I truly believe Bitconnect will come good. Then everyone will blame everyone else because they have sold their coins for $15!!
Very good points. We shouldn’t live in a nanny state. Everyone can know the risks they are taking with a quick and easy google search.
If I want to bet on a three-legged donkey, or a fat greyhound, nobody should pass a law trying to protect me from my own stupidity. If we have laws like that, then Darwin’s law will fail to operate and the human race will evolve into a race of non-thinking idiots.
I am glad you lost only $2000. It was a cheap lesson. - Barely two iPhones.—
When you are a multi-millionaire, this cheap lesson will help save you from losing millions.
I like your comment "when you are a multi-millionaire" , Ill look forward to that day :) Thanks for the reply
@cryptonaylor I think it's very appropriate to quote Wall Street here "Cause they're sheep -- and the sheep get slaughtered. You win some, you lose some, but you keep on fighting . . . and if you need a friend, get a dog."
btw good call on holding. you already lost 98% of your money, makes no sense to rescue the 2% - just gotta let it ride man.
Thanks Bud, Im not backing anyone in the post . I just get really frustrated when people blame everybody else but themselves.