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RE: Dj Khaled and Floyd Mayweather Charged by SEC for Promoting ICOs
These entertainers saw the space blowing up last year and like many people probably thought it was about to take off either further. The three founders were arrested and found guilty of securities fraud at the same time fined 25 mil.
The first round of people who lost money on scams like Bitconnect want back in. I think they buy the top 10 this time, when it goes up, they will use more leverage and we see it spike again.
If won't go up for more than 29 days once it has clearly started to swing the otherway. Sell 75 percent of it before then.
It will then lose 80 percent of it's value again.
Buy more. It is fine to borrow money from your uncle.