EDIT: Please note that there has been some speculation into BitConnect in regard to it being a possible scam and/or ponzi scheme. Since writing this article and with some further investigation I have withdrawn my funds from BitConnect and ask all to tread carefully with BitConnect and seek more information in relation to this matter. I will not delete this article as all claims are somewhat unsubstantiated however there does seem to be some very valid points indicating it could be a coin worth staying away from.
I have removed all my referral links from this blog.
Please use due diligence when investing.
In the last few months and since the beginning of 2017 I have really dived head first into the world of cryptos.
I have actually gone in face first and at pace and everyday I am researching all I can into this exciting phase of a new technology.
I am invested in numerous coins and for me I find them intriguing and there is no doubt the time to get into these coins, into this new technology, is now before the mainstream influence and financial markets push the prices of these coins out of reach in regard to ‘early adoption gains’ which for the most part will be significantly higher than any other current investment opportunity.
There is a huge opportunity here for everyone and unlike any other I have ever come across.
This is not investment advice, it is advice to do your research and find what will work for you.
Today the next alt-coin and platform I have entered into is BitConnect.
In short it is a cryptocurrency and a lending facility in one place with multiple other opportunities to obtain coins and interest on your investments.
Not only can you buy, stake and exchange coins but you can also make money on lending proportions of your wealth for a very healthy return unlike any bank or other cash based investment.
See below extract from the BitConnect Website:
What channels of supply are available to investors?
- Mining: Total 2.6 million BCC will mine through miners. BCC mining will continue for 1 year with 10 BCC generated every 2 minutes.
- Staking: Total 20.4 million Coins will supply through BCC Staking
- Lending: You will receive daily profit based on your investment option.
- Exchange: BCC Exchange allows members to buy and sell Bitconnect coin (BCC) directly to and from each other.
BCC minting will continue until all possible BCC come in to existence and its 28 millions.
The minting of new coins commence at the following interest rate:
BitConnect is an open source, all in one, bitcoin and crypto community platform designed to provide multiple investment opportunities.
1. Invest in Coin Supply channel to mint new coins. The earnings are variable according to BCC mining difficulties.
2. Invest in Coin demand channel by BCC lending or BCC staking. The earnings are variable but steady return with capital security.
3. Invest in Coin distribution channel by trading BCC on exchange platform. The earnings are high with associated risk.
My referral link is here if you are interested in learning more and signing up today – “Sign Up”