From the likes of Trevon James and CryptoNick down through the ranks too lesser known cryptocurrency Youtubers such as DJ Naydee, Bitconnect certainly had its airtime. Unfortunately, their dedicated promotion of the platform has had profound effects on the wallets and confidence of their followers which they fail to address in any of their videos.
After the announcement that the Bitconnect lending platform will cease to operate, investors from across the globe squabbled to gain access to recover their losses resulting in a highly unresponsive and often inoperable platform. Prices of the Bitconnect coin (BCC) sank from mighty $300 to a mere $16.
Personally, I lost out on $4000 after selling my position yesterday evening, with anger rife through my veins. Gulability is a trait that we all are guilty of, as if enough people tell us that a certain entity will benefit us in any way, we too will believe that.
So this begs the question, who is to blame?
The answer to this remains unclear as all blame is either ignored by the leading Youtubers in the cryptospace or is delegated. However, blame aside, how can we benefit from the most monstrous scam of the century?
First and foremost, hold your BCC, the price is steadily creeping upwards because manipulative Youtubers like Trevon James continue to buy and promote the coin, as stated in his most recent upload. Somehow he just cannot admit to ripping off hundreds of thousands of people.
Secondly, learn from your mistakes. These platforms that offer 1% ROI daily are not to be trusted even if they are legitimate, rely on your own trading knowledge and experience to earn your returns, not on the words of greedy Youtubers. Any trading help you require, I am more than happy to provide no matter how big or small.
Lastly, forget, move forward and keep investing in stellar projects at the appropriate time (dips in the market). Never buy at all time highs and 90% of the time you will profit in this bullish environment.
I stress again, any question you need answering or help you require, I can provide without fail because I value not only my profits, but the community that is cryptocurrency. Don't forget to stay positive!