The Truth In My Opinion Behind People Recruiting You Into BitConnect and Genesis Mining!steemCreated with Sketch.

in bitcoin •  8 years ago 


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Thanks Mr Walter, I found your youtube channel, and you stopped me from making a very bad investment decision. It wasn't this coin but it was a coin I will not mention that you haven't talked about on steemit. Appreciate all of the honest reviews.

@inventor16 I try to help as much as I can so that people do not make the same mistakes that I have made in the past. Some people see this and others do not as all they see is dollar signs.

Love the content man, and the transparency with the way that you do everything. Is there a way to reach you by email? If not no worries, just wanted to mention a few things offline.

  ·  8 years ago (edited)

Craig grant and the clown Trevon hard at work hahaha they would suck dick if it made them money. Maybe they all ready have.

@paco I too see all of the videos promoting these 2 programs and it is a bit much at times but I guess some people feel that they have to do what they have to do.

Everyone forgets that for their investment to be a success they must get back their principal and on top of that a little extra. It is just like buying investment insurances where you put in a little bit each month and hope for a payout it matures.

Buy and hold for cryptos looks the way to go just like stocks in the early days. People can invest in other ventures but just don't go all when "diversifying".

@marcusxman I agree just buy and hold and you will most likely get a ROI just doing that and nothing else.

I just afraid of some "motives" behind the technology....I wish I am wrong....

@lautenglye my thing with both programs is getting a return on investment.

indeed....but the "conspiracy theory" that make me worry.....

I have made $230 in 10days. I transfer that to make more loans to grow my daily profits the shit is for real it pays me everyday on the dot sign up make a loan! see for yourself. https://bitconnect.co/register

great.....

Genesis Mining has been paying me out everyday and it's generally about 1% of my initial investment daily so I think it's a decent investment but I'm not sure about Bitconnect I have been looking into it and it does seem like something's fishy there. I agree with you when it comes to Bitconnect though, holding your BTC would net you better returns in the long run

@collinpham I tell people that if my seed capital was locked up in a GM contract or in BC it would be no way that I would have been able to get a 40X return on my money in Ether just by doing nothing.

I agree you shouldn't expect 40x ROI for doing nothing and after doing much of my own research that there are better ways to invest your money like just holding like you mentioned.

both of them remind me of Ethereum Chamber.

@madhatt too many programs out here trying to separate people from their coins.

I don't know anything about Bitconnect, but I tried Genesis Mining for about a year. While it doesn't seem to be a scam - they do actually mine and pay out - I never made enough on the payouts to cover the initial investment. You're better off just buying the crypto instead of cloud mining it.

@kendewitt I have heard this a lot that the contracts are not profitable even though people are receiving daily payments. I also just tell people that the best strategy in most cases may be to just buy and hold.

Totally agree! The fact that you HAVE to convert your BTC to their coin is creating more demand for their coin, driving the price up and making them more money if they are sitting on some.