Bitconnect and how it works

Bitconnect is a peer to peer community that works solely with bitcoin, a peer to peer community means that you deal with other people when it comes to the buying and selling and even lending of bitcoin. The main aim for bitconnect is to make bitcoin as the main payment system throughout the world.

Bitconnect works as an investment tool for its users, once you lend out some money on bitconnect, they use what is called a trading bot. A trading bots are software programs that talk directly to financial exchanges, and place buy and sell orders on your behalf. They make those decisions by watching the market's price movements, and reacting according to a set of predefined rules. So basically, they use your money to trade with to make a profit, and with the money you make you get a percentage of this. This is similar to how banks work, your money in the bank is used to make more money, and that's how you receive interest. The amount that you receive back is calculated by some software called 'bitcoin price volatility' This percentage changes daily depending on the price of bitcoin.

This isn't one of those get rich rich quick schemes or a make $5,000 at home sort of thing, it is a legitimate investment tool. Bitconnect is a great way to make some money, and you can start making some decent cash with just $100. The minimum lending amount is $100, and is held by the site for 299 days, the more you put in the more money you will make back, and the sooner you can take out your original investment. Now you might think that putting in $100 and not being able to touch it for 299 days is absurd, it isn't too bad as the profits that you earn are paid out daily, so you have are being paid 1% of $100, per day you receive $1, so in just 100 days you receive your original investment back.

Another to make money is to simply have money in your wallet, you earn interest for it just sitting in there, this interest rate eventually goes down over time but it's a great way to start, for the first 6 months you get 10% interest for having money on your wallet!