bitconnect lending scam?
Hi everyone !!! What do you think about that? Is bitconnect lending a scam or a bad investment at least?
I mean, interest rate is good around 15% a month but, when u get the money back you get dollars instead of bitcoin, and also in 1 year untill capital is back, you may loose 1500% if the blooming yearly talking is just like 2017.
Please comment ! Clear my mind!
Yeah, youre better off doing your own investments
Absolutely, there is no better than holding specially is you live outside main countries
I believe it kind of is a scam because bitconnect actually makes more money then they payout. I did the math personally and if you just held bitcoin itself instead of lending it out, you would make more money hodling.
That's what I thought, actually I try it out with a 100 USD besides the math, and I would have around 10% more than I make per day only holding, true is that I figured about they give back dollars after the investment, good is that it was only 100. Thanks for the feedback
I was wondering the same but many people got lot and lot of money with bitconnect