#DeFiGetsGraded need to understand blockchain, especially candlestick analysis.
Investors are coming in: from bored students to contractor fathers.
The price of BCC tokens skyrocketed, from pocket change to hundreds of dollars.
In forums, everyone shouts 'Lambo soon!', but the only Lambo that comes is a borrowed one for profile pictures.
But like all soap operas, this drama must have a final episode.
At the beginning of 2018, regulators came in like a BP teacher busting kids hanging out:
Lending program shut down.
The price of BCC plummeted from 400 USD to instant noodle prices.
Many who wanted to buy houses ended up renting again.
The Bitconnect bosses ran away, some were arrested.
Meanwhile, Carlos Matos? He continues to laugh on the internet, becoming a meme lord to this day.
The moral lesson? If someone promises guaranteed profit in the crypto world, especially very high ones, it usually isn’t an opportunity… but a trap.
Or, as the new crypto proverb goes:
'In crypto, the only guaranteed 1 percent daily return is the percentage of regret after joining a Ponzi.'