Adventures in Cryptos: Advantages, Disadvantages, Strengths & Weaknesses of BitConnect, Control Finance & USI Tech

BitConnect, USI Tech and Control Finance are considered "high-yield" cryptocurrency investment platforms, some of which offer their users opportunities to earn approximately 30-40% returns on a monthly basis. I am personally involved in all three because, in my mind, the benefit outweighs the risk.

For instance, someone can invest as little as $10 and compound it over time to grow the investment into a significant sum. I personally can afford to lose a few hundred dollars if one, or all, of these turn out to be a fraud. I have also done sufficient due diligence to believe it is worth participating with a small sum. Why? Because they provide an ROI that you will have a hard time finding elsewhere unless you are an active day-trader or drug dealer.

It is certainly plausible to believe that these size returns can be paid regularly from day or bot trading cryptos. The market is HIGHLY volatile with a market cap swinging between $65 billion to $120 billion in the past 60 days, a nearly 50% move. I have made these types of returns on crypto trading and I’m a newbie!

I figure, why not give them a shot? I have yet to see dispositive evidence that any of these three platforms are not in fact legitimate. So, I created accounts on each platform and plunged into the shallow-end of this high-yield cestpool of currency speculation and risk.

(This article, the first in a series, will begin to document my Adventures in Cryptos. I plan to candidly document my research, experiences, decisions and results in this process.)

At first glance, I thought it would be smart to consolidate my investment because it would compound much faster. However, I decided to spread out my investment onto all three platforms because diversification would mitigate risk. I soon discovered, these platforms are very different. I mean, these platforms have obvious similarities. For example, each offer a high ROI, pay their returns daily and generate returns via trading cryptos. They have significant differences as well though, and these differences result in major deviations in performance.

Below I provide a brief description of my experience with each product and some of the advantages and disadvantages of each that I have recognized to date. I may expand on this article in the future to discuss other attributes that have impacted my investments. I feel like these are the most relevant to date.

BitConnect

Bitconnect is the first program I discovered and joined. My first loan was made on July 1, 2017. As of the date of this post, I have earned 31.78% of my investment back (which I continue to reinvest daily). To date, I am pleased with its performance.

Bitconnect (when referring to BitConnect or BCC, I am referring to its lending feature only) is the only investment product of the three which returns the invested principal after a certain period of days (the number of days depends on the amount invested). Investments are based on USD (after converting BTC --> BCC) and return a dynamic interest rate daily in USD. The interest rate is determined based on the daily volatility of BitCoin. Once the company releases the initial investment, it can be reinvested and keep building the principal to earn more interest on a daily basis or withdraw.

In full disclosure, I have not actually received my initial investment back yet, but YouTube provides plenty of examples of investors having received refunds (and their loans are significantly more than mine). I'm part of the 99%, and I speculate right around the 80-90th percentile (which is why I am participating [not much to lose unfortunately]).

The issue I have with BitConnect is that it is the least transparent of the three products. The company provides no information on the team or its past. It is an issue which many people have raised, but I am clearly less critical than others. It seems to be a little to elaborate to be a scam, but what do I know? I'm new to the scam scene I guess.

I should make note that although this may not be a scam where it is the intention of the owners to simply shut it down at a certain point and literally steal everyone’s investment, it still may fail unexpectedly resulting in the same loss of investment. Cryptos, as you will often hear, are seriously speculative and high-risk. Do not “invest” what you are not willing to lose because it is more likely than not that you will.

The team is based in Indonesia and there is some pretense of a language barrier causing the lack of transparency (not very convincing). The images of conferences on the website and "new office" in Jakarta seem quite sketchy. If you look close at the office picture, you will see newspaper on the windows; not exactly inspiring confidence! This transparency factor is the primary reason I initially decided to limit my investment. It certainly does not take a genius to know that you better figure out how deep the pool is before diving-in head first.

Cryptos are risky business, and not just these high-yield products. It is best to limit exposure to any one position to mitigate damage of a magnitude that you cannot easily recover. These are the rules I decided to live by following my research and initial investment with BitConnect.

I then discovered USI Tech.

USI Tech

USI Tech is a unique and seemingly relatively safe investment product. USI Tech excels where BitConnect is weakest: transparency. The USI Tech team has been FOREX trading for years. They have done several online interviews (which you can find on YouTube). They answer questions about their product, operations and experience to date. They make profits from arbitrage opportunities between different exchanges platforms as well as from mining coins.

USI Tech's Bitcoin product has a few unique aspects making it a great complement to the other investment products. First, it is the only one of the three investment products that exposes you to the appreciation of Bitcoin while you are invested. So, if you buy into it while Bitcoin is trading at $2500 and Bitcoin appreciates to $10,000, you will be realizing that appreciation while you are multiplying the quantity of Bitcoin with compound interest growth (a two-pronged return). The downside is that you are also exposed to a devalued Bitcoin coin also.

Where the other platforms are limited to growth on the amount you invest, and not exposed to the volatility of the crypto market, USI is exposed to crypto volatility. Since a majority of investors believe Bitcoin will appreciate significantly over the next several years, I love having the ability to grow the quantity of Bitcoin that I have while it grows in value.

Second, USI Tech offers packages for as little as 50 Euros, where BitConnect requires at least a $100 investment to get started. The packages are always 50 Euros with USI, so it can be affordable for those that do not have as much discretionary funds to risk.

Third, USI Tech is currently offering bonuses...a car bonus and trip to Mallorca; both look pretty cool!

The biggest drawback to USI Tech is that it only pays out 5 days per week, not all 7. Monday through Friday, not Saturday or Sunday. This really limits growth. Moreover, when you take this into account, it means that you only being paid 5.7% interest monthly.

USI Tech takes your investment and returns 140% of your investment in approximately 140 days. Well, 140 business days is 7 months. If you are only getting a 40% return (not counting the 100% return of your initial investment) in this 7 months, then you are making 5.7% return monthly. I do not want to sound greedy as this is not a bad return when compared to conservative stock investing. However, if one is to compare it to BitConnect or Control Finance, s/he will quickly see that the opportunity cost is simply too high!

I started with USI Tech about three weeks ago. I have earned 18% of my return back already. Again, I have reinvested all of it in order to earn more going forward.

In my mind, it is best to complement a modest USI Tech investment with one, or both, of the others.

Control Finance

Last, but not least, Control Finance offers, in my opinion, the best, reliably high returns, every day of the week! All investments are based in USD. It has the lowest minimum deposit at only $10. You can compound interest by reinvesting daily. The potential for quickly growing your investment into a substantial and meaningful sum is simply ridiculous.

Like USI Tech, Control Finance does not return the deposited balance. Unlike USI Tech, your deposited funds never expire and pay out forever; or more realistically stated as long as the company remains solvent.

Most importantly, Control Finance seems to be the most transparent of the three programs. It is based in the United Kingdom. The company website posts its business filings, phone number, address, team info/names and the skype address of the owner. The company posts weekly trade reports showing how it is making its profits (where it bought positions and where it sold) and meeting its obligations to its clients.

I have personally contact supported at least four times in the past week and received responses within approximately 24 hours addressing my inquiries. They have been helpful and friendly.

The company explicitly commits to return deposits in full (less withdraws to date) in the unexpected event they become insolvent. See the footer of the website.

The company offers a return of 1% for investments up to $300, 1.1% up to $1000, 1.25% up to $4500, 1.4$ up to $10k and 1.5% on investments of $10k or more. 1% daily = 30-31% monthly; much better than USI Tech!

I discovered and started with Control Finance a week ago. I have earned a return of about 9.5% to date, but I've reinvested it to earn more in the future. This also, admittedly, includes some commissions earned from partners joining my team.

Conclusion

All three products have advantages, disadvantages, strengths and weaknesses, which you should become familiar with before investing. All three have great affiliate programs which pay you a percentage of what your team members buy and rebuy in some instances.

If you have any questions about any of these programs, feel free to leave a comment below and I'll do my best to respond.
I plan to document my Adventures in Cryptos, including BitConnect, Control Finance and USI Tech as time progresses. If one or all fail, I will reluctantly report. If they do not, I will gladly report.

Please note, I do not know the true viability of any of these products, which is why I limited my exposure to each. I have always been a gambler though. These products certainly do satisfy that gambler urge! :)

Until next post, be sure to make only informed investments (or bets). Good luck.

Donations
BTC: 1HTA4TJz7veSfxsrJgDyKUEnWNyPLbGPPm
ETH: 0x5E64d074d84Ac94893F269E62fF08F9FDf182cC9
LTC: LZpnDpD3ZpPMeo1LWp9sy1pKs1z4hzNter
DASH: Xtqaxi4vbWVwppBDmW7SwusRaYiY89uLpy

Join My Teams
Join my BitConnect team here: https://bitconnect.co/?ref=kmcgarry0214
Join my USI Tech team here: https://d00aefaa.usi-tech.info/
Join my Control Finance team here: https://control-finance.com/?ref=kmcgarry
($15 of Bitcoin after your first $100 deposit on any of these platforms. $25 for your first $1000 deposit. Just send me your Bitcoin wallet address after signing up and making your initial deposit.)

DISCLAIMER: This is not investment advice. This is just my opinion and experience using these products. Do your own research before investing and never invest what you cannot afford to lose.