Technically it's correct. My trades are in drawdown like 20%. Bot for example bought ETC with BTC and now has a 20% loss. Bot did not sell at loos. I didn't sell.
But the bot did not generate value for me. I paid for the service. Opening loosing trades and wait it out until they are in the green again, I don't need a bot for that. Since I paid for the service I lost value. That's what I meant by "I only lost money using this bot".
Will they ever be in the green again? Who knows. Technically, the people who bought bitconnect also didn't loose their money. They just need to HODL. Lol.
Yes, unfortunately, there is always a variable of market situation. We can't know how soon will it go up to close the trades in profits, but at the same time the robot could be trading while in drawdown as I wrote (with MaxTrades variable). So technically it's possible to cover the loss of first trade by opening more trades.
But, please do not compare us with bitconnect - these are completely different things. Bitconnect will never go up again, because it's a true scam scheme.
We try to make money on trading, not on collecting users, that's why we have profit sharing plan.