Bitconnect was one of the most notorious scams in crypto. Straight up Ponzi scheme. Most projects in crypto are straight up money grabs. Why would someone invest in a project with no information, half ass finished website, and no white paper? I mean I don’t invest in many projects that do have those things, and for good reasons on those. I got burned hard back in 2018 chasing new shiny projects thinking it was going to make me a fortune, and did nothing but lose basically everything I invested... Most masternodes projects are the worst for this, and now Defi is the culprit.
The only reason I am invested in CubFinance is because I know who the team is and know how invested they are in the long run. Other than that, I am in high cap projects that I don’t plan on selling, like ever... I use them as collateral and leverage that collateral to make more money and pay back the leverage. The smallest cap project I am invested in is HIVE, and that’s because, well, Hive is awesome, lol.
Got it!