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RE: Why Bitconnect Is Good For STEEM And The Crypto World!!!

in #steem7 years ago

This is absolutely necessary if we want crypto go evolve. The decline in prices that is happening now is even more important for the future of crypto, this is absolutely normal and gives investors the Do's and Dont's. Investing in something that will give you daily payout and will make you reach in heartbeat, well... We've seen it before.

I really believe the next few years will be brutal for some people involved in shitty projects as the rpojects start to not meet their goals and slowly disappear with the money.

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Absolutely. There are many projects which have been, and are still being created where they have no intention of developing anything. They're selling dreams. But there are also serious projects, solving real issues - and some of those will fail too.

It's early days, and there are a lot of sharks in the water. Easy money can be made, and while that's still the case, it's high risk. But with high risk comes high reward. You only need 1 of 100 [equal] investments to deliver >1000x return and you're a successful investor.

true story, bro ! its fascinating how things work :)