My First Crypto Investment is the total loose

in crypto •  7 years ago 

Hi,

I had made my first crypto investment in But connect which went into to about 90% loss. I had done the long research before going for investment in it. I was not able to trace a single person who was scammed by Bitconnect or lost their money.

It was really shocking & surprising for me when logged in to my bitconnect account the very time when they closed & announced the closer of Leanding platform. I was shocked & surprised that every one wants to sell their coin on as soon as possible which crashed the whole market of BCC. It is completely understood If i will sale my coins to it would be total loose for me. So I prefered to hold my coins until the coin gain its value & sell it later to recover my loss.

I had now started the detailed study of cryptocurreny behaivor in the excahnges & i hope that i will recover my loss in near future.

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That's how ponzi schemes works, my friend. They don't scam anyone to build confidence until the end, when everyone get scammed at once.

You got lucky, because at least they paid back BCC, which at least has 8-10% value atm. Other ponzi they run with everything.

I agree with you