Why does bitconnect follow the price of bitcoin? Can anyone explain why their price movements happen at the same time?
None of the Bitconnect fanboys can explain this.
They claim Bitconnect makes money on volatility. Well today BTC lost 8-9% in value. Hows that for volatility?
Bitconnect down 11% today even after all that money making volatility hahahaha
I'm not a Bitconnect fanboy but you don't seem to understand what market volatility is and how actual trading bots make gains on volatility.
Bots don't need to care what the price of a coin is.
They make money on the ups AND downs. That's what volatility is.
And crypto-assets trade on a very volatile basis daily. That is why day traders love it.
Only holders (or hodlers if you're into that) care about bitcoins price.
Bots and traders just want to see an active market that moves a lot.