Post
Topic
Board Altcoin Discussion
Re: Most altcoins are fake (wakanda)
by
lienfaye
on 18/05/2023, 08:40:10 UTC
Please what is the aimed of those people doing fake crypto currency?
Of course to make money. They deceived the people by creating a project and promising the investors to have a good return when they invest and making it looks like the project is really worth to take the risk. This is one of the reason why it's quite risky to invest in new coins, because majority of them are shitcoins without utility.

Anyway, since wakanda has still value, why don't you wait until bullrun? Who knows the price might soar high. I also have meme coin that I bought 2 years ago but the difference is, I already profit from it and just holding some to see if the bullrun in the future can influence the price to increase. Anyhow, this is a lesson for you to not trust the new coins easily without doing your own research because scammers are already smart to create a project that looks genuine.