I disagree with your opinion on it being financial suicide, it has been very good to me.
I'm not saying HEX is a ponzi, because I simply never heard of this coin. But Bitconnect has been "good" for many people while it kept working and paying... until it didn't.
That's the worst kind of argument you can use when talking about your favorite coin/project being a ponzi or not. All ponzis work for some time until they rip people's gains instantly. You either pull out your money before this happens or you lose everything.
What do you think will happen when people unlock their HEX and can dump them on the market?
Watch richard hearts videos and you would get a better understanding, he is a bitcoin OG that used to mine 50 btc blocks.
Its essentially the first blockchain certificate of deposit and hex was given free to any btc holders that signed a message with their eth address.