Is It Okay To Invest On A Lending Platform?
I plan to invest on A lending platform for the first time about 1 week from now! According to the website's lending calculator I'll have my initial investment back in 2 months. Every Month I would Get half my initial investment. 50% each month. Everything will be great if i can get through the first 2 months.
Considering what happened to Bitconnect I wonder are all lending platforms doomed to disappear. are they all scams? If so, is there any sequence of events or ways of telling how long they have left? Is it okay to try and make the interest before the platform goes under?
These might not be ethical or smart questions to ask but honestly I wonder am I the only person that thinks about this. Thinking that if some of these platforms lasted as long or longer than Bitconnect than is there oppurtunity?
Noone that I know personally shows any interest in anything crypto related so I thought i'd run this by someone who might know something.
This does not look like a lending breakdown it looks more like a ponzi breakdown promising captial back and a daily rate. That spells a big fat no no for me.
Okay thank you
Good thing I did not do it lol
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
Scam alert! Scam alert! Scam alert! Don't do it!
