Hi Michael, I'm at about day 20 of Bitconnect now and so far the interest has averaged at just under 1%. I've made several BTC withdrawals back to my wallet. If Bitconnect really does have a 'trading bot' then that's great and it means it's a legitamate investing platform. If they dont and it is actually just a Ponzi/MLM scam then obviously that's bad. There will be some warning signs generally before it shuts up shop and takes everyones money. Keep an eye out if the BCC price drops significantly and suddenly or if BTC withdrawals start getting rejected. At the moment, lots of people are pumping in hundreds of thousands of dollars per week so I think we have atleast another 6 months at minimum. My advice is to get in quick, make your ROI and get out.
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Frankly, I have an opposite feeling: if it is a Ponzi scam, then I would rather not getting into it, cuz it will ruin the reputations of overall cryptocurrencies. So, it will be hurting all kinda things.
I don't mean to oppose anyone to do that. I just want to invest in anything long term & good.