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RE: BitConnect Daily: The $1,000,000.00 Challenge! It's a Fat Rat Race to One Million Dollars!

in #bitconnect7 years ago (edited)

I mean - I think this is a really cool little challenge. The thing that I love about BitConnect is that it pays you back on every investment you make in full - you just have to wait that bereavement of time before they do. So if, like you say, you have an extra $100 that you make on here for example, that you don't really need in the immediate, I don't really see a risk on taking that money and investing in this platform. I worked a spreadsheet using the compounding method of re-investing all the interest made from the initial investment over time - and while no, it is not a get money overnight type thing - if you look at it like a savings account - in three years that savings account is going to be paying pretty good money every single month once enough investments have been accrued. Shoot if you do the compounding spreadsheet - you get to a point where your payouts are like, $1000's a DAY. Thats pretty freaking incredible.

Its all about whether or not the platform will exist throughout this duration so that you can actually get to that point - I did a little research and learned a bit about it and I really don't think with the amount of people getting into the BitConnect platform that it is going to be a flash in the pan trend.

If you can be patient - the reward speculates to be huge - at least based on my spreadsheet - lol. Any speculation that shows a solid theory of a 100% ROI, you can't beat that.

The concept really makes it feel risk free - I think from my personal perspective - because you get every investment back at the end of the holding period - its never really "lost" or "wasted" money that you don't see again - like rolling down your window and letting a fresh $100 bill just float away (bye bye sweet money) -- and in the time of holding you are earning money on that money?

It seems like a fair business venture to me - I mean am I seeing or understanding this whole thing incorrectly? If so please let me know! I mean - if I am right and I use money from here, for example, its not really encroaching on my personal finances which are already covered by other means at the moment, it really doesn't feel that risky. I'm thinking.. "just do it and work the compounding method and just see as a crypto experiment, what happens 3 years from now..". I mean, shoot, if in 3 years I could be making $1,000 or more a day off of my investments and then on top of it getting all of those original investments back over time - I'm so down. I really think this could be a way to a financial stability through the crypto market. When I get that saved up I will let you know and we will give it a go! Happy racing!

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I think you hit it on the head when you said "The concept really makes it feel risk free" I think that's what makes people so freaked out about it but it's really no different than steemit. Over time steemit promises a return on investment just like bitconnect at an almost identical rate. To me this move was simply diversifying my crypto, which in my book is always a good thing. Thank you for such a great response and definitely could not have said it any better. I'll be putting an update out a little later here shortly!