I am afraid this bitconnect scam will push the crypto market further down and that will cause more panic among the investors.
I guess we are in for a huge dip. (I hope that this doesn't happen)
I have seen seen a lot of youtubers( like @trevonjames) promoting bitconnect and and their viewers bought it only because they had sort of faith in them.
Every investor should know that each investment whether in crypto or stocks or anything else comes with risks and in case of crypto, a lot of research is required to be done before investing.
Please do not invest if someone else tells you to.
Do your research and proceed with caution.