Hey Sky, thanks for the read and reply!
With bitconnect you are simply lending out to a software trading bot which is designed to buy Bitcoin when the price is low and sell it once it rises again. Profits are then divided between you and the trading bot. You can find out more on the site by looking at the Volatility Software, the trading bot and your daily interest percentage totally depends on the daily Bitcoin price change but you can never make a loss! Your best bet is to just keep watching videos as it will be easier to understand then reading a wall of text. Let me know if you have anymore questions!
Well that sounds very interesting. Have to wonder why everyone isnt doing it if you cant loose out. Will def keep learning more. Thanks and have a good one.
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Hello @cryptoevans
The one thing that confused me about Bitconnect is the earnings. It seems like people like @trevonjb in their videos are always making money. Do you earn interest everyday? It also seems like that interest is being paid out in USD.
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