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RE: Bitconnect Goes Sustainable?
That is why I'm using Control-Finance. It seems way more sustainable with their earning payments and referral program. Plus it doesn't have it's own token to mess around with and not term limit to the deposit earnings.
If you haven't heard of it, here's my link: https://control-finance.com/?ref=LongStockSilver
All in all, I assume both of them will be around for a long while. I just think Bitconnect will need to restructure at some point.
What I like about Bitconnect is their (physical) presence in an expanding list of countries, and also their huge amount of capital. There's a bit of comfort in that, although it is still a high risk investment.
Control-Finance has a ways to go in that respect, but I'm definitely keeping an eye on them. All these second movers will improve on what Bitconnect has done.
Totally. Bitconnect is the big fish. Right now the two big legs up Control finance has, in my opinion, is the fixed earnings percentage and the "life-time" payouts. It helped me to make spreadsheets and it also helps with the "sit-and-forget-it" investment I like.
CF definitely has their own flavor. You're essentially giving them money to trade on Poloniex in return for a predictable profit. I haven't invested any $$ with CF yet, but it's a likely candidate for my next money drop.
Yeah, definitely look into it if you're interested. I did $10 at first because it seemed cool and $10 was not a big deal to me to try it out.
The big thing that made me feel more comfortable was them saying there looking into releasing their own exchange. If they do, they will be making commission on trades, which makes it more sustainable than just trading on Poloniex.
The $10 minimum is gold. I know Bitconnect probably doesn't want to deal with small loan amounts, but the foot-in-the-door technique is amazingly powerful.