Well i have been using the platform only for a few months. While i am still on the fence weather its a scam or not I thought might as well take advantage of the situation while it exists. So far I can say they have been paying out alright and there is decent volume to cash out immediately.
Well what is with everyone calling it a scam then ?
Many people do not like the ponzi scheme nature of business conducted by Bitconnect. And on top of that many cryptocurrency so called " specialists" on youtube and twitter have shunned it as scam. While they have been doing this and many of their followers have just jumped on the bandwagon and went along with it.
While all this has been happening Bitconnect have been paying out their customers 1-1.5% on their capital everyday.
I am saying it could still be a scam, but since the payouts are still happening and it will take 3 months for an account to make the initial capital back. everything else is then just pure profit. Will it last 3 more months, I sure hope so. If it doesn't then i will have to take it in my stride and accept what has happened.
As of now i am making around $90 every day. Reinvest half and buy bitcoins with the other half. That has been my strategy with Bit-connect and it has been working very nicely.
So Would i Recommend Bit connect ?
The answer is yes. To everybody and anybody. Not just to sustain the ponzi scheme but because they have been keeping their promise so far. One day they will run away with my money, who is to say the other's wont.
Also if you are looking to join bit connect I would request you to use my referral link
https://bitconnect.co/?ref=rauul12
I will help you with everything from Setting up to Lending to comming up with your perfect strategy.
