Hello there!
This is my first ever article here on steemit and that's thanks to people like @trevonjb and @craig-grant for showing and helping everyone in their videos, lives streams and blogs, so thank you guys.
Anyway, this blog is for me to post my weekly bitconnect earnings and what I am planning on doing for the next 6-12 months with the site.
On July 2nd, 2017 I decided to dip my feet in the water and make a $250 loan on BitConnect in order to find out if it really was too good to be true. Today's date – July 8th and I have already made another $260 loan after seeing the results from first inital loan.
I am only 5 days in and have made $8.70, now this may not look like a lot but for the last two days bitconnect sadly had a 0.00% and 0.06% return, and I am also yet to make interest on my second investment.
My goal is to take my interest and keep re-investing it every time I hit $10, which should now be every two days. These $10 re-investments will get faster and faster. (As show below, site used http://compoundaily.com/)
I will be making weekly blog posts to show you guys how much I am making without any referrals and without touching my daily profit, just keep re-investing!
If you are interested and keen to know what bitconnect is then feel free to ask below and I would be more than happy to answer any questions. I would also advise you to go watch some youtube videos like I did before investing!
hello, thats coincidental as i was just watching Treyvonjb on youtube as im trying to figure this steemit out without lots of reading, haha.
What is bitconnect ? Thanks skyrabbit 😄
Hey Sky, thanks for the read and reply!
With bitconnect you are simply lending out to a software trading bot which is designed to buy Bitcoin when the price is low and sell it once it rises again. Profits are then divided between you and the trading bot. You can find out more on the site by looking at the Volatility Software, the trading bot and your daily interest percentage totally depends on the daily Bitcoin price change but you can never make a loss! Your best bet is to just keep watching videos as it will be easier to understand then reading a wall of text. Let me know if you have anymore questions!
Well that sounds very interesting. Have to wonder why everyone isnt doing it if you cant loose out. Will def keep learning more. Thanks and have a good one.
Hello @cryptoevans
The one thing that confused me about Bitconnect is the earnings. It seems like people like @trevonjb in their videos are always making money. Do you earn interest everyday? It also seems like that interest is being paid out in USD.
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