why bitconnect doesn't just run away with everyone's money?

Hello Everyone,

I have been thinking a lot to figure out why bitconnect doesn't just run away with everyone's money. How do they actually survive. How can someone pay you 1% everyday. Is it even possible. Well I will say anything is possible in the cryptospace.

See if you are reading this you are already in cryptospace and you somewhat believe in decentralization of economy will change the world in the future. We can anticipate that bitcoin will not stop and it has been emphasized by greatest entrepreneurs and businessman like Bill Gates. We know there are only 21 million bitcoins and they are getting harder and harder to mine just like gold. Gold and Bitcoin are exactly the same assets. I hope we agree on that. The only difference is that gold is not easily transferable beyond the boundaries of a country. However bitcoin is. The only thing that distinguishes bitcoin from gold is its portability and mobility. Now gold has been around since 100s of years and has only gone up in value as the scarcity of gold has increased. Similarly, bitcoin will increase in value as demand increases and supply stays the same.

Like Bill Gates said, There is no stopping of Bitcoin.

If you were sane, you would not let go of your bitcoin unless you really needed that money or if you believed that the cost of opportunity of holding a bitcoin was higher that investing your money somewhere else. I don't think that's true in today's economy.

We just established that nothing can pay you better than bitcoin in the long run. You know who knows that? Bitconnect does. Bitconnect knows that the best way and fastest way to make money is holding a bitcoin. Thats why bitconnect happily gives you almost 1% in return everyday in return of you giving them your bitcoin. In a way, they are in win win situation because you are giving them the most valuable asset that is bitcoin and in return they give you fiat currency. Remember when you give them you're bitcoin, you only get fiat money in return. This fiat money is loosing value everyday and bitcoin keeps increasing in value.

Bitcoin is increasing in price and there wont be long when bitcoin hits $10,000 or 100,000 or even a million. It will keep increasing in price as long as the authorities don't ban them and criminalize the use of crypto. Back to the point, bitconnect only gains taking your bitcoin. They will enjoy the faster increase in the value of bitcoin and you will only receive your less than 1% in fiat everyday.

So why would you invest in bitconnect?

To hedge risk. Yes the reason you would invest in bitconnect is because bitconnect provides you a feeling of security. It makes sure that you don't lose your money during the days that bitcoin crashes. See a lot of people cannot sleep at night in worry of market crash and they are tired of always watching the market. By investing in bitconnect you get a sense of peace that you will not lose your money during market crashes and keep earning your 1% profit.

By no means will i promote bitconnect because i am not entirely sure what will happen and please don't take my words as financial advice. I only think that bitconnect will stay in the game for as long as bitcoin is profitable to hold and i think bitcoin will be profitable to hold for a long time and by long time i mean for at-least a decade.

If you do want to invest in bitconnect and make a small 1% profit everyday and stay away from the volatility of the the crypto markets go ahead and click the link below and sign up through my referral link. It will give me a small bonus which will allow me to keep bringing you quality content in the future.

https://bitconnect.co/?ref=onepercent

Thank you and only invest what is okay to loose. My advice: Don't invest more than 20% of your savings in crypto.

Good Luck
Rowling