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RE: My reflection on bitconnect's closing lending platform
Isn't that bitconnect has closed once before without any reason? I don't know, just asking though.. I just wonder, maybe its their way.. I mean, how could we trust BCCX if the root was not reliable as it promise. I am thinking of joining before since the growth is faster through lending as I heard. But with the second exit, I might think twice. Or you have something that you see with them that I don't see.. :(
Higher risk higher rewards as simple as that. Just imagine a world when no one took the risk and put money in bitcoin? nobody is forcing anyone to join if you are going to join know that it carries certain amount of risk. Invest only what you are willing to lose. The problem is when people get disappointed when it does not pan out the way they plan it to be they call it a scam. I understand that some people really hate Bitconnect since nobody knows or nobody can figure out how they stay sustainable. Okay let us just call this a scam. The funny thing is most of these people who calls it scam didn't even invest in it and when ask who has been scammed nada? But they are quick to point out that it is unsustainable, it is ponzi scheme, it is pyramid since the developers don't show how they make that possible. Therefore they just get money from the new investors. Maybe true maybe not. The thing is nobody knows. Now that the lending platform is gone they did return the investments, albeit in BCC (which tanked, now rebounding though). I respect everyone opinion they can say whatever at the end of the day i am responsible for my own actions win or lose. I am not sure why they stopped offering their ICO in the us maybe it is the most hostile ground for their business. Maybe bitconnect investors are stupid it is okay since bitcoin investors has been called the same. Yeah I put my money where my mouth is i am still investing in BCCX. You really want to know what I see? Opportunity to get rich as simple as that. It is like buying a lottery ticket. And if I get scammed by this then sorry for me. It is not the end of the world.
Being one of the crypto expert in our @steemitfamilyph family, I consider this feedback and will try again. Yes, you're right. BTC once called a scam which include my self back in 2015. And now I am sorry for my self.. I really should learn to face risk. Thank you @ankarlie. 👌
Very well said!💕😊🙌
I am no expert sir just sharing my opinion :) I am but only human that is prone to errors :)
Thanks :)