Apparently Bitconnect is having a few issues
Lost half of its value
It means people are selling more and reinvesting less
That is not a really good look for Bitconnect
However i see many that claim Bitconnect to be a Scam But by now everyone made cash of Bitconnect
I haven't,, I've sold out long time ago
I bought Bitconnect at around $0.15 and sold at around $1 and got out of it
I now know I lost because I've listened to everyone calling it a scam
However I am watching it closely as I have a few other platforms I lend money too so I am really curious is Bitconnect can go even lower,,
And of course a lower price possible but I want to see if it will go bust!
I really doubt it will fall as there is quite some good amount of money left in Bitconnect
Its worth more than $1.3 Billions
So a $1.3 Billion cryptocurrency should not evaporate that quickly,, but if a panic sale starts there might be a chance no one will ever get their investment back
Especially if they just recently started to lend
Let see how it will play out for Bitconnect
This is something everyone should be aware of,, because if Bitconnect Fails,, I strongly believe other lending platforms will follow the same path
I can be very wrong and have them grow and who knows,, maybe Bitconnect will go to the moon and reach $1000
Can anyone say that is impossible?
Thank you very much for Reading
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Have a lovely Christmas!