Trying to understand these investment options...
Bitconnect
Invest $100, Receive $100 at the end of the loan cycle (299 days).
You also get to keep the interest you make. That is all profit for your "loan"!!
How does your money, make money?
You lend your money to a robot that buys and sells coins on exchanges, in the attempt to make a profit. Your return varies, depending on how good the robot performs for the day. You are going to see variations in returns each day. Some days are 0.01% and others may be 15%. When you do get profits paid, you can exchange it back into USD, anytime you wish, through a few minor steps.
Make money and it can be very, very simple!!
This is the set-it and forget-it technique.
Let's get excited and make some serious money..
I am talking, compound interest. Here is the way it works. (To my understanding, taken from reviews)
Reinvest your interest earnings, $10 at a time, the minimum is $10. Investors keep doing this every time they earn $10! Earn interest on the initial $100 + $10, and even more when you add more of your investment back into bitconnect. Th bonus does NOT apply to this method.
They also give a commision on referrals! Make more money by informing investors!
Use this link to when you sign up. https://bitconnect.co/?ref=AirbrushPro
Pros:
1.Set-it and Forget-it!
2.Funding given back in USD
Cons:
- Reinvesting the $10 profits will start a new loan. Thus, waiting for 299 days, starting the day after you reinvest that $10 interest. New cycle will start at the beginning for each and every time you add funds.
- Cannot withdraw your funds, when you choose, only the interest paid out.
- Monies used to invest will be returned in USD.
BAD: If the value of BTC goes up.
GOOD: If BTC value goes down.
Bitconnect: For investors that want an easy, no hassle contract.
HASHNEST
Hashnest is the cloud mining portion of the the Bitmain empire. These are the people that have been manufacturing, selling and servicing mining computers since the discovery of ASIC mining. They run their own pool and even run their own machines, based in China
HashNest treats their cloud mining like a small exchange of supply and demand for the cost of hashing power.
You buy as much or as little MH/S that you want, for current market value.
Currently you can choose Bitcoin or Litecoin mining.
The price varies for the 'computer' you want to purchase, available is the:
Antminer S7 or Antminer S9 for BTC
Antminer L3+ that mines Litecoin.
Once you buy some power, YOUR DONE!! Let the purchased power work for you.
You may sell your hashing power back through the exchange to recoup your initial investment at any point.
Although there are associated maintenance fees. At the time of writing, 2.5% for LTC , 17.41% for Antminer S7 and 8.25% for Antminer S9.
You will still make money, remembering the costs of actually owning and operating a machine: upfront cost purchase and the recurring fees such as electric, internet and repairs.
Compound interest: This method can work with HashNest too. Simply reinvest your earnings to increase your hashing power, returns will reflect accordingly. The more invested, the more returns; on average.
Pros:
- Set-it and Forget-it
- Start with as little as you want.
- Reinvest as you wish
- No contracts
- Earn daily
Cons:
- Variable return, calculated daily
- Value of investment can increase or decrease based on market fluctuations.
HashNest; purchase hashing power, collect returns on how much you hash per day. Reinvest as you wish, no minimums!
I choose: HASHNEST !
HashNest is not a quick flip but unlike Bitconnect, you get your coins back whenever you sell them to the market and get to keep the coin you mined. The option to retract your intital investment at anytime could be a positive thing but why would you? Most of the relief in having the option makes HashNest the ideal place to 'store' your coins and have them work for you, think; two birds - one stone. Get what you give! LTC, when you sell, gets you LTC, meaning that it's value will reflect the coin's market value. I have read reviews stating how Bitconnect gives you the starting capital back (in USD)... so you start with $1000, you get $1000, which is absolutely fine. I rather my money increase or even decrease with the value of the coin that I am using to mine/loan. Especially how LTC is going to the MOON!!
Choose wisely, do your own research, enjoy the adventure!
drop some LTC love:
LSNjadWzjZjAzFdWGe3YcgXRAQDYeCwLcD
Let me know your experiences, send questions, comments are welcomed.
Inform the community by ReSteem-ing this to help spread the word.
