The lending programme Bitconnect which I previously predicted Ponzi, turned out to be true today.
I personally invested 0 USD in this platform after 3 months of my research.
But newcomers in crypto space doesn't have so much time like me and decide by their own eventually, thousands of people lost 10s of thousands of dollars today, with Bitconnect.
What will you advise for them?
How can we all make this crypto community better?
I personally think scams like bitconnect event will bring negative trust in crypto space for a short time at least for this jan.
Here why you are thinking that it was any type of scam , in actual the team of the bitconnecet was able to run Thier lending program but they were forced by many authorities and also Many Ddos attack were going on the site if bitconnecet , so due to these stupid problems they closed Thier lending program .
Well leave this factor , and think if they were scam then surely we will get nothing at the end , but still they gaves the bitconnecet and also they gaves us opportunity to invest that bitconnecet at the bitconnecet X ICO .
And I don't think it was any scam and also we can see in the past that sites like hashocean ( mining site ) how scammed us .
So.here I don't think bitconnecet is giving any negative trust to the market of the bitcoin .