So, after the first 24hrs I have earned $1.17 which means that I earned a 1.17% interest on my principal.
My plan is to re-invest every $10 I earn in interest for the whole duration of 300-365 days (I will decide to pull my money out at the end of the required 299 day mark). If all goes well, and I incur an average of 1% interest daily, I should have around $1300 dollars at the end of my term.
For those who would like to invest in BitConnect and would like to calculate their own ROI, here is a website that is quite good: (http://compoundaily.com) I have also found a video that a user posted on which he has his own daily compound interest spreadsheet where he demonstrates potential gains on BitConnect. Here it is:
FYI: I took a total gamble with my $100 as I am not even sure if this is legit website and if I will be able to pull my money out after the 299 days are up. So remember, don't invest more then you can afford to loose.
Let's see what happens. Cheers.
