6 Comments

  1. Gomer Magtibay

    I used to be working with a similar company, USI-Tech. I referred a lot of people there, like my upline sponsor. Although Bitconnect and USI-Tech have different investment system, both can make you money by investing via Bitcoins converted to Bitconnect Coins. So, with that, me and my people can easily comprehend Bitconnect’s program. Our only hesitation is, programs like this, when overwhelmed by a huge number of leaders and marketers like what happened to USI-Tech, get heated with authorities. Just recently, ours have been stopped operating an affiliate program in North America. So,how are we sure it won’t happen to Bitconnect?

    • John

      Hi and thanks for dropping by. I have seen USI-Tech but didn’t invest in that program as I found BitConnect around the same time. From my understanding USI -T is a little different as your investment is locked away and don’t receive your interest earned until the expired time period where with BitConnect you receive daily interest that you can withdraw any time when the minimum is reached. I have seen people receive their monies from USI-T on videos as well. I have not withdrawn from BitConnect myself as I wish my balance to grow until I earn approx $100 a day but I have seen on You Tube of people withdrawing as I explain on my article. 

      Although you are right, it could all go belly up and as I write this I have seen that there is a Cease and Desist order in the state of Texas for BitConnect operating in their state. I also read on twitter and in the news that Brazil and Venezuela is adopting BitConnects technology for launching their own coin/token in their country. I am not sure on the details but I am sure if you search you will find the info.

      I believe the affiliate program has been adjusted from it’s originality of a 7 level down to a 3 level program as well from previous reviews that I studied before joining.

      How can we be sure that it wont be stopped in America, well we can’t be sure of anything these days in our ever changing world and I don’t profess to be an expert on these type of businesses. I have seen that there are at least another 5 interest paying companies the same as BitConnect already operating in exactly the same way as BitConnect and some paying a little higher interest daily and there are more launching each day. They all use some kind of Trading Robot as what BitConnect uses but use different trading algorithms from each other.

      So far BitConnect has been operating since Feb 2016 and they have been paying out since day one. So far it is working well for me  and as I always say to anyone/everyone, “if you want to invest in anything, do your homework and research and only risk what you can afford to live without”  

      Just look around and see the people that risked a few dollar on bitcoin all those years ago….

      Well these are my thoughts and I am certainly not an expert. The decision is for the individual to make…I am already in with my investment and if it goes belly up than I will be a loser as well.

      Thanks John

  2. Michael

    Wow this sounds very interesting indeed. I know people have been making a lot of money through bitcoin — but I never knew you could invest it somewhere and get daily returns on it.

    Don’t you think you could buy and sell the coin though daily and be making much more then doing this?

    Also how safe is this website? lets say you invested 30,000 dollars into the program then they for whatever reason shut down and don’t give you your money back?

    This seems good, but at the same time seems kinda risky too in my opinion.

    • John

      Hi Michael and thanks for reading my article and commenting. All comments are valuable and just give other readers great info to research and think about.

      It has been a great investment for me so far but as at this very moment that I write my reply, BitConnects website is under attack by whats called a DDoS which is a denial of service attack, it means that someone or some group sends a very large amount of request to the home page computers and overloads them – hence denying legitimate users getting access to the servers. This is what has been reported and the BitConnect team are trying to get the issue solved. Whether this is the case or not, only time will tell, or perhaps, are they using this as an excuse to close the site down and run away with every-bodies money? There have been quite a few you tube videos already with varying statements and discussions and even on the BitConnect twitter they have reported as my above comment. Some are calling the whole organisation are scam and others, like myself are holding hope that they are telling the truth and that things get settled. Only time and patience will be the answer for now. 

      I was aware of the risk and put in money that wouldn’t dent my financial situation and I always say only risk what you can afford for any investment, not only in the crypto currency industry but any investment product in general. Anyone wishing  to invest a large amount of funds needs to make their own research, study and minds up on what to invest in and test the waters if possible, so to speak, to discover if the product is for them. 

      As mentioned in my article I have seen people make enough money from BitConnect to pay off their mortgages and I hold hope that the issues do get settled. If it does get sorted it will just legitimise on what a great investment product the BitConnect program is and if it doesn’t for what ever reason then I will pull my article off the net. 

      To your comment on buying/selling the coins, it is a valid one and I do that as well, but I also never stop looking for what I deem possible investments as well. I have been taught to always keep your options open and don’t be afraid of trying different things as there are opportunities around us every where.

      Thanks again for stopping by and my message to everyone is just do your research and try to gain knowledge on products or topics that sound good or bad so that you can make as best an informed decision on what to do.

      John

  3. zebra36

    I have been thinking for quite some time. I keep chickening out when I encounter programs that tell explain how to invest. Mostly because some appear to be bad deals or kind of scam like. Others want you to put in a ton of money to get started. Putting in $100 to get started seems pretty realistic to me. I think this is the most realist one I have seen with a pretty nice plan set forth. Just $100 and just keep reinvesting all your earnings for 2 years. Are there any fees for withdrawing the money you earn?

    • John

      Hi and thanks for taking interest in my article. Unfortunately as I write this comment, BitConnect has decide to cease the Lending Program on their site. They have sited outside pressure of which has forced them to make the decision to stop the program and work on other parts of the business to participate in the Crypto Currency Industry.  All of the money that they have collected, they have returned to their investors so it at least proves that the company is a real company which had real intentions for their BitConnect community. Many people are still calling the organisation a scam but if they were scammers they might not have handed the money back to all of the people already invested.

      Perhaps the world is not quite ready for a program like BitConnect has put in place and are afraid of from previous experiences, so for the sake of a perceived majority, the regulators have forced a shut down.

      It just proves something to me about the Crypto Digital Currency Industry…we are never free of our Government control. So the idea of freedom from government intervention that this industry portrays, will not be the case, in my opinion. As with all new technologies, it will take time for people to get their heads around. 

      I will be making adjustments to my article as an update is required.

      Thanks for stopping by…John

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