Post
Topic
Board Altcoin Discussion
Re: Be careful around massive APY projects
by
ilovealtcoins
on 25/06/2022, 04:58:36 UTC
Stay away from projects with insanely high APY, 100,000% to 500,000% APY, you knew what I'm talking about, Titano, Safuu and others, invest but learn to back your initial investment first, all these defi projects are practising ponzinomic scheme. The latest is Safutinano, just know what you are doing.

It is impossible to serve a tasty meal for a low price, the higher the profit, the higher the risk. Best way is to stay away from them, don't try for even a few dollars, it will make you addicted or trapped if you don't control yourself. maybe they still pay you a small amount of interest but then you put all your assets into it and they disappear. so don't try and don't let them tempt you.