I Am Burnt with my BTC Investment
By zeahray
@zearay (98)
Philippines
February 7, 2018 3:18am CST
I love saving up money for future or any surprise expenses. That's what Im thinking when I invested in BTC. I don't do online trading but I heard alot about lending. I like the idea of lending the money and getting daily profit from it. I invested last December when the bitcoin was on the peak. First month profit seems nice. Never thought it will sink that fast. Now the lending platform closed, I lost money, I lost my investment I lost my savings as well.
Who else invested in lending platform here....BITCONNECT!
2 people like this
4 responses
@louievill (28851)
• Philippines
7 Feb 18
Sorry for what happened, let me tell you, you do not invest btc if you do not like trading, because bitcoin itself is already an investment if you hold on to it or " hodl" and you speculate that the price is gonna go up at least you have your coins, you control it and not exchange it for useless tokens.
No bcc did not scam me, why? I did my research, from the start, no less than Charlie Lee the inventor of litecoin and Vitalik Buterin the creator of ethereum were saying it was a ponzzi and people did not listen. Their secret trading robot was a red flag, they were paying members with money being invested by new members. I can't understand why people would exchange their valuable bitcoins for bcc tokens that was pumped to raise the price.
If people did their research, they would find out that most of the bad actors of bcc were somehow involved on onecoin another ponzzi posing as legit crypto, even the meetings and stage presentation was similar. I had warned my friends about bitconnect from the start, again I'm very sorry you got burned.
4 people like this
@louievill (28851)
• Philippines
7 Feb 18
@AkoPinay sometimes it happens, we cannot blame them cause almost all are after money including us but you need to go deeper in a coin, appreciate the tech behind it, what problem is it trying to solve, who are the developers behind the project, etc... BCC has no face behind it, he wants to be another Nakamoto?, there lots of red flags, even the UK address was investgated and it was bogus, people simply got drowned with making a fast buck and bcc rode with the popularity and rising prices of crypto.
Now if you promoted it vigorously, ( that's another thing promoting and recruiting at the same time is a red flag), just think of the backlash from friends and relatives who got into the mess. The masterminds of BCC should be thrown to prison, especially that guy shouting BITCONEEECT! in that crazy video
1 person likes this
@Allamanda (155)
• Vietnam
8 Feb 18
It goes up then it will go down and vice versa. I actually want to wait for it to crash more then I will invest some. I do feel regret not buying btc years ago. Back then I was just a broke undergraduate :(.
2 people like this
@Theresaaiza (10487)
• Australia
7 Feb 18
Sorry, no idea what this is, or how to get started on this. I dont even know what bitcoin is although I have heard this word too many times. I'm just here to post a response, so you know someone cares
2 people like this
@AkoPinay (11544)
• Philippines
7 Feb 18
@miketagz I never lose. It all depends on HOW you use it. Sell after 1-3 years or more not after a week/month. Imagine if you bought 1 Bitcoin January 2015, kept in Trezor or Ledger Nano S and sold it December 2017. Keep your crypto in hardware wallets (SAFE) not in online trading/investment sites (RISKY).