One of the top 20 most valuable coins on the cryptocurrency market is the cryptocurrency BitConnect (BCC). Incredibly, this digital currency skyrocketed 88.8 percent higher in only one day’s time to $421.25. Bitconnect Sign Up
is paying out up to 40% returns per month, and there hasn't been one claim of the company not making payments to its investors. BitConnect has once again returned to the 20 most valuable list, joining other high-value cryptocurrencies such as Litecoin (LTC) and Ripple (XRP). However, after its price climbed to about $478 on December 17, in just a week it plummeted to a low of $220.
Presently, BitConnect has a combined market value of nearly $2.5 billion. This is more than both OmiseGo (OMG) and Stratis (STRAT). Anyone who recently purchased this cryptocurrency, especially those who bought prior to this month’s steep decline, was delighted today to see that it’s new price passed $400. Bitconnect is becoming one of the most interesting investments in the history of the world. Bitconnect is paying out up to 40% returns per month, and there hasn't been one claim of the company not making payments to its investors.
Is BitConnect Trustworthy?
Some claim BitConnect has all of the indicators of Ponzi scheme. In reality, it is a program designed for the purposes of lending. The way this program works is users “loan” their fiat currency to BitConnect. This money is then kept secure for an specified amount of time that is determined upon initiation of the lending. Once the lending agreement has been made, the investor earns a 1% daily return courteous of BitCurrent’s trading “bot.” If you are like other investors you’re probably thinking this may be too good to be true, but Bitconnect is paying out these returns. Could this be the investment of a lifetime? In conclusion, do yourself a favor and perform adequate research into any cryptocurrency that you are considering investing in, but act fast because you should get in early.