Quote from: Catenaccio on September 14, 2024, 03:22:57 AM

Quote from: Cryptomultiplier on September 14, 2024, 03:05:44 AM

I think the best option you can stick to as a newbie trader or retail trader as is this case, is to join and participate in mining hamster_kombat coins which is a model of one of the tap-to-earn games launched in March 2024.
One only has to tap to mine #hamster coins of which offers new code word and card combinations that is certain to reward players with up to 6 million redeemable tokens.
other popular projects like Tapswap, Notcoin, Blum, and Dotcoin are similar web3 clicker games which share same model of operation and profit per Hour (PPH) earnings with maximum benefit.

It looks to be easy way to make money but I am against this idea because people mostly fail in control of their greed. If they participate in these easy-money-making games, they will love these games and forget about risk. When they start to think all things are rosy, no risk existence in games they are participating in, they will start to engage in risky games.

Many people lost money because they believed in Play-to-Earn projects, games and tokens but ignored facts on risk of these tokens that are very inflationary. Play to earn, the name says it, you play, you earn, so who pay and where is resource of payment.

The same risk exists with Tap To Earn and other Earn models.

As long as you don't use the money to buy those tokens on the exchange, if you just join their game and earn rewards by quests, I don't see any risk at all. I have also joined tap to earn projects on telegram like notcoin, cati, hamster and Blum...I don't see any risk and have also earned some valuable tokens, so far.

I do not deny that these projects will sooner or later collapse and disappear like P2E projects in the 2021 bull market but if we join for free and do not invest in any form. I think we will be fine.

The risk only comes to us when we use money and invest in these projects without any prior research.