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RE: Tell me what u think of bitconnect?? Putted in a loan of 280$ and there paying out every day!

in #steemit7 years ago

I feel most bad for the ppl that is following these big guys and investing in this without getting all the information about it. In the end they will be the ones loosing if it shows that its a scam but to be honest I hope its not and that they get their money + profit. Still not sure how this program is able to make that kind of interest every day, If i knew how to do that I would keep it for myself. One thing i learned is that there is a big difference between a speculator and a investor. Most speculators get greedy and risk their whole capital while investors are very careful with their and rather protect the capital than risking it for a profit. But thats my opinion and I rather protect my capital than risking it on something I don't feel good with.

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I like the point you brought up about the difference between investors and speculators! I feel like those who are well educated on the risks involved with any venture they choose to participate in are better off in the end because one winner will wipe out a lot of the losers if all of your investments where well thought out and balanced.