Don't invest your entire saving in Crypto market or Bitconnect

in #investment7 years ago

You guys probably heard the news today. Bitconnect will be closing lending platform starting today due a very strict regulation to USA government and other government trying shut down bitconnect business model. I hope you guys learn your lesson. You should never invest you can afford to lose any crypto market or even stock market. So many people have go back to work again since bitconnect supporter brag by quitting their job. They decide to fire their boss since they are making so much money on bitconnect.

Bitconnect price went down up to 92 percent. I felt sorry people lost everything in bitconnect because they think bitconnect will be around forever?

Here is my opinion. Bitcoin is a huge ponzi scheme since they rely on new investor to put money in bitconnect. Since the price of bitcoin collapse now Bitconnect would not be able to survive due the price of bitcoin continue to decline>