Post
Topic
Board Altcoin Discussion
Re: Where should I invest money?
by
Munir575
on 10/09/2022, 22:49:27 UTC
My friend introduce this

https://app.anchorprotocol.com/earn

That seems too good to to be true

19% APY

I want something like this.

It seems that there is no risk. It's UST. Stable coin.

What am I missing?

Other ones.
Buying into new projects is extremely risky because the cryptocurrency industry is full of frauds. Before making an investment, new projects that are innovative in the field should be thoroughly examined. Before they are launched, new projects are carefully planned and organized. You could possibly nonetheless stake your money on other coins and anticipate Hugh Profits. Influencers and powerful men in the industry are the main sponsors of these initiatives. Few initiatives are legitimate, and the majority are frauds. Another excellent place to put your money is in pump-and-dump shitcoins. These shitcoins have the power to instantly turn you into a millionaire.