You are viewing a single comment's thread from:
RE: Bitconnect: Ponzi Scam or Great Investment Opportunity? [Token Investigations pt 41/50]
I should mention crypto-space is relatively new and everything is really being driven by speculation. I have seen coins shoot up 100% in a day but yet everyone yells that bitconnect is the scam. Some coins have increased in value by over 1000% a year without any real world use yet. I think whether you invest in bitcoin or bitconnect you should only invest what you can afford to lose.
I would like to add Brock Pierce behind block one says "90% of start ups fail" meaning most of these coins probably will not make it in the long run for one reason or another. Does that mean they are all scams?