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RE: Why im leaving bitconnect for control finance - (LTC) Litcoin on the move almost up 10% in BTC
I don't like forever lol at least with BCC you get your money back after you loan it plus you get daily interest. Who would I tie 5000$ up in this for 150$ a day? does it make sense it would make to me if they gave back the 5k after a year or a term. BCC sounds better because you get your initial investment plus what ever you loan back after a certain time. With this company if I put 1k in that's it, its gone? im just relying on 1% interest? For me its tough maybe im looking at it wrong.
You have it right. 1.1% a day for a $300 investment which you don't get back.
So if you trust the company to stay alive for 100 days, you are break even. After that its just a cash cow. BCC sounds better though on paper - do you know how long before you get your deposit back?
Months with bcc. But you with this company you don't get you initial investement back. I got the concept and you are right you have to trust the company.