Quote from: bigcash2011 on Today at 02:22:18 PM

Quote from: MrMojoRising26 on August 12, 2020, 10:00:11 PM

As someone who was here for the ICO craze of 2017 with tons of people exit scamming on investors I thought I would give some advice to those chasing crazy gains on uniswap. Over the past month or so we have seen crazy gains on uniswap with 100x returns on some projects so it is easy to be sucked into it, but you need to realize most of these listings have not gone through the ICO regulations which means they can just rug pull at any time leaving you with a worthless token. A few days ago NEXE, and NUGS to name a few just vanished after dumping on holders. You will notice most of these token creators like to remain anonymous which is a big red flag. You need to realize anyone can make an erc20 token and list it on uniswap then create a web page with copy and pasted info from other legit projects and throw the word defi in there. With the SEC involvement with ICO's launching that is actually a better thing for investors to hold the token creators accountable making it less likely to have them vanish with your money. In 2017 lots of ICO's did not go through the SEC regulations, but now they all have to or risk jailtime. Some will listen some will play the game and get burned, and some will make crazy returns. I personally think you are better off just holding ETH or buying into a project that went through a traditional ICO. Good luck out there and stay safe!

Trustswap, Dia and some others have really utilised uniswap well but obviously the quality of the project and the competency of the team is what that still matters and investors went crazy following good projects because of the expectations of the bull run and most have already made killing gains but looks like this trend will continue.

hard to believe at this time the price of many cryptocurrencies has gone up and it is evident from bitcoin that continues to increase in price and if this happens continuously then all cryptocurrencies will recover and many projects can get a lot of profit, especially projects that are ongoing will be a lot of success.