Post
Topic
Board Altcoin Discussion
Re: This use case even make any sense?
by
KaliLinux
on 24/01/2022, 08:28:31 UTC
Do you know that there are many tokens that offers nothing but rewards when holding them? They most times ends with ---nomics you hold the tokens you get some altcoins in your wallet every 4hrs or so, what is your view on such projects?

It's called a Ponzi scheme. The more you  hold, the more you will get .... as long as enough people keep buying in and keeping it alive
So my question will be, what is the value of the Altcoin the holder will be getting? is it worth the process? if by calculation whatever will be coming into your wallet could come off as a profit for the coins you are holding then this is worth the risk which is part of crypto but regardless, I don't see me investing in such anyways cos I like to really minimize my risk  Grin