Truth be told; living itself is risky and therefore, the risk of investment is damn normal. There can never be a proper example to better explain the truth about the inevitability of having either of the two sides of a coin, than the act of investment. I have never blamed those who at the moment, are reaping the repercussion of investment negligence from BITCONNECT which I classify as normal.
As much as I agree that taking risk (especially when it concerns investment) is good/normal, I strongly disagree with taking unreasonable risks. These risks I classify as unreasonable when the various negative indicators glared straight in the face.
From the onset, I have been very much skeptical about investing my time (which is money), my hard earned monies and my integrity (introducing it to others--since it looked later like a ponzi scheme) into BITCONNECT.
WHAT INDICATORS GLARED THEM IN THE FACE
Exactly 7 months ago, kennethbosak wrote FUCK BITCONNECT (BCC) where he outlined some warning/danger signs which included a major gaffe/mistake every victimized bitconnect investor did not take into consideration: In the form of a question:
These questions and more remained unanswered since 7 months ago until today, and would have served as an eye opener to intending investors before their investment decision hit the hard rock this new year.
My sincere advise to all is; Look closely before you leap into any investment platform.
Make your proper personal research before placing any bid or staking your monies. Never base your investment decision on what other people say or do.
Your caring Friend,
@dintellectual
I was burned by a Ponzi Scheme when I was in college (only for $200 but still) and so I want to make sure when I see one of these I warn others. This was even before crypto. They don't always like it, but I have to say something. The newest one seems to be Davor Coin.
Yea that true....Davor Coin....Thanks for that sincere observation
This Ponzi was actually so obvious! I was amazed how anyone could seriously put money into it. Well on the other hand: if you know when it bursts, you can make some quick money.
Too bad, that there's currently no way of shorting cryptos - or is there?!