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RE: FOR THOSE WHO WONDER...THE TRUTH ABOUT BITCONNECT
I enjoyed the defense of Bitconnect, but I'd like to hear more about this!
For instance, my trading structure returns back to investors 70% of profits
Hi @clemdane, thanks for your comments. Indeed, before finding steemit and other platforms like BitConnect, and I am a trader. I trade options on indices like the SPX (S&P 500) and RUT (Russell 2000). The strategies that I use allow me returns ranging from 20% to 40% on Risk Capital. I currently only trade for friends and family; although a number of people have asked me to trade their capital as well. I am currently researching how I can setup something like that without turning it into a hedge fund. Because I am Canadian and setting up a hedge fund requires minimum capital of $1 Million. I don't have that type of capital nor do I want to start trading that amount of capital yet. So currently I am researching other types of Investment structures that will allow me to trade capital for a select few. With the current setup, I return 70% of profits to owners of the capital that I trade. Which means they make between 14% to 28% on their capital.
Oh I see. That's very cool, though! Sounds like you have a real knack for it. Well let me know when you have your minimum $1 million capital!