First and Foremost i would like to say, Hello to everyone on steemit! This is my first post on here and i just wanted to introduce myself within this community. With that said i wanted to briefly share my story on how i became a bitconnect investor, and how much i am loving the platform.
In mid October i was on my way to pick up a take out delivery of my favorite Vietnamese restaurant. After scooping up my food and taking it home, i thought about how much i loved to eat at this place and would love to eat here everyday. However eating out everyday was rather expensive for me, but i wanted to have something that i can enjoy regularly as i pleased. So the thought came to me, if i can earn an additional 20$ dollars a day i can make my small but delicious desire a reality. After my meal i proceeded to do a google search on ways to make a passive income. I searched through countless "strategies" and i couldn't find anything that really suited me. The same day i read about something regarding the massive increase in the price of bitcoin going over 3000$, at that moment i started to regret like many others not buying into bitcoin when it was just a few dollars.
The bitcoin did spark my interest in cryptocurrency and i wanted to know more about what crypto was and how it worked, and i spent the next few days dwelling in the world of crypto. After attaining a fair amount of knowledge of how things worked, i decided i wanted to try to trade crypto and with the profits that i made i would use that money to buy myself the meals i so desired. I registered using coinbase, and made my first purchase of 200$ and just like that i had officially owned my first bitcoin. After trading the small amount of bitcoin that i had purchased, i noticed that using such a small amount of bitcoin was not going to yield me much profit. I would make 3-5$ per trade in the beginning and then eventually i would make 1-2$ if i was lucky. I thought to myself there had to be a better way...
After my first week of crypto trading, i came across a gentlemen by the name of Trevon James on youtube, which im sure everyone who is aware of bitconnect knows of. In his videos he was showing the money he was making on "bitconnect" which at the time i knew nothing about,but i wanted to know how i can make money the way he was making. After looking up bitconnect and seeing how the platform worked, i was incredibly skeptical like many other people are and were, but i wasn't afraid to lose some money if it meant i can reach my goals. So i bit the bullet, registered my account and made my first 100$ loan(10/25/17). I was itching for the 24 hour mark to pass by so that i can see if i would actually make the money that they promise on my investment, and sure enough 24 hours later i had my first payment of 1.73$. I was really happy because, i didn't have to sit there and watch the market and compared to my savings account i was making more money daily on a 100$ loan than my bank pays me in a month of interest. The following day i made another 250$ loan, because i had to see a bigger number in my lending wall. And of course, 24 hours later i got my return on my investment, and i was hooked.
As of right now (11/25/17) i have 10,530 $ in loans and making a minimum of 100$ a day with the handful of referrals that i have. I can honestly say that i make enough per day to buy myself all the vietnamese food that i desire, which was ultimately my goal. Bitconnect has given me the opportunity to make more than just lunch money, and i plan to keep investing in it, and reinvesting as well.
What i didn't understand for a while was how the daily percentage was calculated until today....it's actually much simpler than what i imagined. Below you'll find two images from today that i made, one is from the bitconnect realtime volatility software, and the other is from Gdax.
As you can see, the patterns are nearly identical. From what i had previously gathered was that bitconnect relied on bitcoin for it's growth, but could not determine how the daily percent was calculated. After observing the volatility software for a few days with my gdax open beside it, i finally figured out how it worked. The daily % relies on a 24 hour period from when the day "resets" and the new percentage is applied, relevant on how much bitcoin went up during the 24 hours of when bitconnect reset for the day. In other words ...
If bitcoin was at 7900$ when the time of bitconnect "reset" to the time of the following day that it resets again, the growth of which bitcoin increased during that period of time will be the percentage that bitconnect will pay for the day. So the day would start at 7900$ and close 8000$ over a 24 hour period, this would be 1.26% increase in a 24 hour period. When the reset is made on bitconnect, it will calculate that 24 hour increase. Another indicator to me is when the reset is made on bitconnect, the % will drop all the way down, sometimes to 0% right away. And as the price in bitcoin starts to increase, so does the % in bitconnect.
So there you go, i'm 99% sure that this is an accurate assumption. If you feel differently or have a better idea please feel free to comment below about your thoughts or theories on this matter.
And if you haven't joined bitconnect yet, or have and don't have a sponsor i would be more than honored to have more people on my team in this awesome and profitable venture. Here is my referral link : https://bitconnect.co/?ref=crimson7
Thanks for Reading !
upvoted-good job
Thank you , much appreciated
truly love your work-great effort!
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