Community post
Bitconnect- Is it really over???
I know this was the worst thing that could have happened. But the biggest thing to remember is that the website is not going to disappear. Check out my latest video.
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Replies (4)
Sad. How can you still believe in bitconnect? No coin can shake a stigma of a scam like that.
Bitconnect users were only getting rich off of the referral scheme. This scheme gets more and more people to 'buy into' the organization. Schemes like Bitconnect are not sustainable in the long run.
For those who are financially invested in Bitconnect in some way, I would advise to take out any initial investments and put that money safely in a wallet or on your bank account. The rest is 'play money' that you can afford to lose. Cryptocurrencies are in their infancy and at this stage, most coins are still a gamble.
Well when your sitting on coins that at one point were worth a bunch of money, and now they are not. You really dont have much of a choice.
Yeah, I get that :( If my portfolio would fall like that I would probably also hope for impossible rather than panic sell the rest. Wish you luck with your next investment...