Yesterday, Bitconnect paid out interest on my loan. The payment was $200 of passive income.
It's been earning like this everyday since I started, about two months ago. Thus, a month's payout would be around $6,000. That's a very respectable middle-class income.
But with easy money comes major risk. I could lose my principle, and all the money I've reinvested for compound growth, at any time.
This is all part of being an adult and accepting consequences. I only play with money that I can afford to lose!
Bitconnect is one of many investments I have in this space. It is one of the more controversial projects I've participated in, and sometimes feels a lot closer to pure gambling.
But it represents one of the things I love about cryptos -- I get to choose what I want to do with my money.
While it may not be a scam in your opinion, it could be considered spam. Spam is not appreciated by the community and could be flagged or may result in action from the cheetah bot..
Some things that can be considered spam:
Well looks like the censorship showed up ;)
That means you lend over 20k? Wow, nice!
Less than that, because I got a bonus % on some of my loans.
Maybe I'll publish my full stats in a future blog.
Cool. Yes please! I will follow you =)
$200 Dollar Days Are Normal Now post voter
Your self-vote paid zero cents ;)