Introduction
It's a continuation of my blog post cycle I began on https://steemit.com/bitconnect/@cryptoizotx/bitconnect-lending-beginning-of-my-yourney * I decided to transfer some of the profits to other account. After converting all profits to BTC I had 0.72 BTC which is worth around $3141. After deducting my initial investment my total profit so far is $2359 or 22.35%! Not bad!
Cashing Out
I had no problems cashing out. Transaction went smooth. I used BTC to transfer it to other wallet.
Investment
On August 10 I deposited 3.07BTC worth $10,555.07. Here is comparison between different investment strategies that I could pick and possible outcomes:
BTC - keep the BTC.
BCC - convert BTC to BitConnect and keep it.
Lending - BitConnect Lending program.Initially I made it complicated: from every payout I convert 50% into BCC, and the rest I keep in USD on my lending account. Why? BCC has high growth rate, but I don't want to go 100% in, because it might end up at some point. Therefore I was diversificating the risk.
Recently I decided to cash out some of the profits.
I chose to go with a lending program and locked $10020 in it for 120 days. Here are the outcomes so far:
Results
The BiConnect coin jumped again on number one spot with 49% profit over last few weeks! Bitcoin is second with 38%, while BCC Lending program so far brought a solid 22.35% revenue over 20 days! So far all the investments perform much better than I expected. Things will be interesting when bitcoin will hit unavoidable correction.
Graph
Disclaimer*
My first post https://steemit.com/bitconnect/@cryptoizotx/bitconnect-lending-beginning-of-my-yourney was hidden because of low ratings ?... I didn't realize how much hate is in the air for the BitConnect. Apparently the affiliate code is not welcome either. I don't force anyone to use it, I just tell my story. Do whatever you want it's not an investment advice. I invested my trading profits. I like it, and I find it profitable. It can change in any moment.
I just invested in BCC. I plan to withdraw daily profits for 70 days then invest all profits in STEEM and BCC. Will let you how how this works out for me. Upvoted and followed.
Good luck! Followed as well.