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RE: BitConnect Ponzi Finally Collapses : Exactly As Predicted

in #bitcoin7 years ago

Agreed. I'm glad its over. I was following a few Crypto influencers that I found on Facebook/YouTube and I was inspired by their stuff.

I started digging deeper and trying to find out about the passive income strategies that they were promoting, and they all pointed me to Bitconnect. It was so disappointing.

One google search and you can immediately see that it reaks of "Ponzi Scheme" but so many people were sucked into that. And the worst thing to see are all the brainwashed followers who are defending Bitconnect, because it's working for them.

I'm glad that's the end of it! But sorry for the people that lost their money.

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Yeah, the draw of making some quick money can be dangerous. There are several ways to make passive income through crypto, you just need to do some research to find which are legit and which are scams. One that I am looking into right now is SALT, it looks like it has potential, still awaiting a response from my application though

Exactly! People need to inform themselves. SALT looks interesting! Let me know if that works out for you!!