Exit Scams - Davor Coin, Bitconnect, Lendconnect, USI Tech Etc PONZI
Yet another one bites the dust. I just cant believe that people followed BitConnect to its end and in the mist of the fire took advice from these same people to invest in Davor Coin or USI Techand look what's happening now! These lending platforms are not lending anything! They are taking your money and so many people are left holding the bag. The crazy thing is that there are many who know that these are scams and give advice to say, "you just have to know how to invest in these things." This is not investing people. Let's call it for what it is. A pyramid with no bottom. So any major correction to the market causes these things to collapse.
Electroneum, which I don't have any of, for example posted a 23% return in the past 24 hours. Why do we need to do a lending platform scam when the money is already there to be made if we just make better educated investment choices?!
I'm willing to bet that now that the DAV wallets are locked up, these YouTube advisers will say of let's go to ____ coin now and they are offering the same exact thing that the last two that burned you the last two times but be sure to click the referral link below and make me money first. Guys, you will lose every time with these. Just take a breath, research companies, buy and hodl. A little wealth earned over time than playing the hope I don't get burnt game. I would love to hear what you have to say.