Update on BitConnect investment-part 1
Today is day 5 of since I put $400 in Bitconnect. Everyday my investment received commission and today I want to show you the results.
So far the return on investment is $27, which is 6,75% in total, and on average 1,35%/day.
That's a pretty good result if you ask me.
If this daily result continues then in another 5 days, I will have collected over 10% interest and 30% over a period of a month!
I have not tried to withdraw any money yet, but I'm planning to do that at $50.
A lot of people reinvest their daily interest, in order to profit from compounding interest. I have chosen not to do that, as I want to be able to withdraw the interest at any given time. It is not possible if you tie your interest in another loan. If you choose to reinvest the interest you gain, you lock your capital for at 120 to 299 days and you won't be able to withdraw it.
Below you can see what the daily interest is depending on your investment, and how long your investment is tied up.
!
Next week I'll be attempting to withdraw the interest earned. If you are interested please follow me and uproot this article! Cheers!
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