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Over the past couple of weeks the Bitconnect Lending Platform has completely unraveled to the point where the company released all investments back in the form of BCC tokens. When that happened the value of the token fell damn near 100% in the matter of hours due to a panic selloff when Bitconnect locked in their coin value at over $350. Well of course that value did not sustain.
The fall in value has left people with a bunch of worthless coins and mad investors. Some people so mad that they filed a lawsuit in Florida against Bitconnect and a number of other investors that were posting their journey's on YouTube with their affiliate links.
Despite the lawsuit and negative publicity lending platforms have managed to overcome all the fud once again. Bitconnect is not the first lending platform to fall and will not be the last. The key is to get in and get out before the company performs their "exit scheme".
Right now there are a number of lending platforms that are newer where you can make some money. These platforms are:
Davor Coin - This is the highest risk of all platforms that are being pushed right now.
https://davor.io/Account/Registration?r=2CAE27
What makes Davor Coin such a risk is that the value of Davor Coin has fallen from $140 to $30 during the month of January. The payouts on loans have also dropped below 1% on the daily.
At this point I do not recommend getting into Davor Coin until the value picks back up. Right now they have a number of loans locked in at higher prices that are going to be hard to pay out since the fall in value. If something doesn't change before capital releases on higher valued loans then this thing will collapse faster than Bitconnect.
The best thing about Davor Coin is that you can withdraw your capital release at anytime. You may have to pay a fee to do this but t's better to pay that fee than lose it all if things to crumble.
Falcon Coin - Medium Risk - https://dashboard.falconcoin.co/referral/brandonh1978
You can start out with this platform with as little as $1 and as much as $100,000 plus. Unlike other lending platforms Falcon Coin is 180 days for capital releases on all loans no matter how much you invest. The only thing that changes based on investments levels are the daily payouts.
Right now Falcon Coins are valued at $10 on the internal exchange.
Lendconnect - medium to high risk - https://dashboard.lendconnect.io/ref/brandonH
There is a lot going on with this platform that makes it questionable but one that can be extremely profitable. The main thing that has me questioning this site is that it's still under development.
The exchange itself is saying they are still 16 days out from it being ready. To purchase Lendconnect tokens you have to get them from Coin Exchange.
Lendconnect has four separate levels of investments ranging in amounts and length. The minimum is Plan 1 that starts off at $100 to $999 for 120 days.
The current value on Lendconnect(LCT) is $9.51
LendEra - High Risk - https://lendera.io/register.php?id=brandonh78
This is the highest risk of all platforms I am follwoing right now. The exchange and lending platform itself is still under development with this platform.
LendEra is so new it's still in the ICO phase. The fourth round of ICO starts in roughly 18 hours and will be $1.00 each. Don't sleep on this ICO. You will regret it if you do.
Thank you for this wonderful post on lending platforms @brandon.houser78
I've been interested with this for a while, though didn't get my hand dirty on Bitconnect. Any lending platform with a low-risk? Since you only mentioned high & medium-risks... Appreciate any advice from you!!
I don't think there are any low risk platforms. I've seen too many of them run off now. If you want to lower your risk on platforms try to find ones where you don't have to lock your funds in for long periods of time. Also look at how long the platform has been around. Most of these are lasting from 90 to 180 days. Bitconnect lasted a little longer because of all the FOMO during the holidays about cryptocurrency but once they started making capital releases it was all over.
I understand... Thank you...
i would rather join their rewards program. https://goo.gl/pt7ggw
People are over the referral thing since bitconnect. check it out.