Bad cryptocurrency that was a hype:

And this crypto:

BitConnect is a notorious cryptocurrency that turned out to be a pyramid scheme.

• Hype and price growth in 2017 with promises of unrealistic profitability.

• Maximum of $463 in December 2017.

• Fraud allegations and project closure in January 2018.

• Investors lost millions of dollars.

Instructions:

• Research the project team and technology before investing.

• Don't trust promises unrealistically.

high profitability.

• Analyze activity and liquidity on exchanges.

• Diversify your investments, do not invest everything in one asset.

• Use stop losses to limit losses.

• Be careful with hype and little-known coins.

The BitConnect story is an example of how hype and greed can lead to loss of investment. Always be vigilant.

What do you think about this scam project?

Write in the comments and like, all the best!

#BitConnect#BitconnectPyramid#Hype#Fraud #CryptoRisks