Why do we need lending coins when cryptos are going up 20-60% + a month?

[Filmmmakerr]

Is there a reason we admire these lending coins like bitconnect and regalcoin so much?. I mean, look at bitcoin its going up 1-2% a day and other coins are doing 10% + a day...whats the point of a lending coin that offers 40% a month ROI?

[maeusi]

Is there a reason we admire these lending coins like bitconnect and regalcoin so much?. I mean, look at bitcoin its going up 1-2% a day and other coins are doing 10% + a day...whats the point of a lending coin that offers 40% a month ROI?

It makes sense, when you use a legit lending platform like on Bitfinex and Poloniex. You gain the lending profits and additional the rising profits. I wouldn't call it lending, when you use Ponzi sites, on those you invest your funds. Bitconnect is not a legit lending platform.

[Red-Apple]

it is just an excuse to create some new projects.

the fact is, we don't need 90% of the projects that are being created or have been created. they take some niche and make into a token. and it really doesn't matter if anyone ever uses it for that niche or not. as long as it gets hyped and people can get more profit.

[bamb]

We should be wary of ponzi, bitcoin didn't get to where it is today by ponzi. Ponzi is like epidemic that end in misery! Noody benefit from ponzi except the proponent of such ponzi. Invest in bitcoin, ethereum and legit ICO like ALGORY.IO and you make a legit a and reliable profit