Post
Topic
Board Altcoin Discussion
Re: Binance Launchpool, a possible earning opportunity?
by
fapar
on 31/12/2023, 19:40:30 UTC
Wtf do you mean risk free? Sorry to use hard language but just know that there are many people who lose their money. I’ve had bad experience with binance launchpad that I do not participate in it anymore. And even if I will, a super tiny amount will do. Any crypto listed on Binance launchpad is normally so volatile and needs a lot of caution. I’m happy for you as you’ve been making profits, but please don’t think it’s risk-free money. Be very careful when investing and only what you can afford to lose should be invested.
Partially, you can reduce investments in the Launchpool by the fact that you can participate in the projects listed in Binance Incubation. With a high degree of probability, such projects are carried out by rewarded testnets, and thus we can receive a certain number of project tokens almost without investment. After announcing the launch of a project in the Launchpool, we can purchase another portion of the tokens.