Topic: Is this a good one for invest (Read 756 times)

Scam projects will only give you unrealistic and false hope so you will get attracted to them so you have to be wise and careful. There are risky projects that you should avoid no matter what their promises are. You should choose the risks that you should be taking. There are better opportunities that you could grab and try not to fall for scam projects.

Thank goodness both the avatar and virtual space editors in Dreem are completely free. I think the simplicity and freeness of its creation is the reason why it hypes even in beta.

when a project with high APY offer everyone is interested to try investment but they don't know more about the project and in the end it's just a bullshit project so see more projects that offer high APY hope its not a scam

That is too high for a normal APY rate. Too high APY rate will causing the coin price to dump later.
I know the project owner want to attract more people to invest on the project by giving the high APY,
but that won't be good for the coin value. So in short, that is not a good one for invest.

I once invest about 5 rebases, and because of the advice of many experts that the Apy rebase is very risky, I immediately sell, from the 5 coins that I sell I get a profit of about 5%, some of the projects that I have bought are good but some are almost die because of the daily transaction volume below $ 50k.

Scammers know very well that the more outrageous their lies the more attention they get, it is because of this we see them making all kind of promises about the amount of money that you will get if you invest with them, and they have no problem making those statements, after all it is not like they have any plans on actually delivering on their promises, it is because of this we need to be incredibly careful in this market as only a few mistakes are necessary to lose most of our money.

Scam projects are everywhere, difficult for one to detects which is legit and which is scam. I have seen a scammed project that have a very strong community and investors have invested in it with full hope and assurance that it's legit, and at the end of the day it turns out to be scammed, ripping one off his earned capital. Traders and investors needs to take absolutely preventive measures in projects in this space. This projects always comes with promising rewards which leads the investors to greedy part of playing the victims.

The project alone is very tempting and interesting, that its almost too good to be true. So considering that thought, it's already a red flag. And none in the investment industry would give you good and huge returns if there is no needed big capital too in the first place. No risks, no gain. I just hope OP that you focus more on the reality, and not on the scammed promises of the developers as they are obviously making you fall from their trap.

Investor have know about risk when investing with new project, but they try lucky with hype coins become popular  on the early and few weeks later drop and scam, just investor with totally braveness want to invest with new coin exactly have pre sale early before listing on market. Hype altcoin project first time release I don't think need research because like another hype project will be excited at the early launching and later slowly price drop and left by developer. Better with potential coins for investing than try opportunities with new project launching without know background of team developer. Ethereum, Binance and bitcoin I think most recommended than trying opportunity with new coin project or hype coin after faced scam many time like Terra coin network.

your screenshots are so interesting. indeed all kinds of DHWYOR investments but what are they really are so tempting. I agree with friends above. risk is a part of whether you succeed or stop a project. if you are used to using trusted investments, it is better to use the ones you visit often

Everyone will see the opportunities and risks differently for new projects. In this case, I understand the problem, but I am also not a person who is too safe during the period when most of the coins that I participate in all have a decline. So risking some new projects is not a thing that makes me take more risks. I think the problem is that if I seize the opportunity well, some risky products like this can bring opportunities to large society. I'm quite optimistic about it, but nevertheless, I still want those who intend to do their research thoroughly before starting.

As long as they are not listed in middle-top exchanges, and have good volume and cap I will not risk my money investing in this kind of project. Expect that I have been familiar with the way of the pump and dump price so that we can utilize the cycle to take profits. But this is not for long-term investment, only for short-term after the listing and sell when the price is rising. But, unfortunately, when they are still in this stage, can we guarantee that the project will be exactly accepted in the market? That si why too risky to invest in the new coin

I think this is an opportunity, what's wrong with you trying to invest some of your money in the project. It's true that this is a new project, but their company wants to share with you about their future project products offering a risk-free investment, who knows it will turn out to be lucky for you.
True, in my opinion, it is not necessarily true for others, so before you want to invest your funds, you better research it before making the wrong decision.

Yes in fact it is true that nowadays investing in new projects is very risky.Because the market is now completely random no one is investing in new projects in this market. Although they are investing, they are investing in different ways.But you can analyze the various aspects and consider for yourself whether it is suitable to invest.But for me investing in new projects seems very risky at this time.

Maybe the best coin to invest in. But you will analyze the judgment in different ways and then invest You understand that currently investing in new projects is very risky. There are several aspects to consider when investing in this risky situation If it is investable considering various aspects then definitely you can invest.

As much as I know , pinksale is not a good pltform for sales. Many projects have failed due to pinksale. Pinksale didn't bring real investors for project. Pinksale is mostly interested in their fee, they Didn't think of success of the project.

I know how projects like this end up. They usually do not have good endings.
The first question you will need to ask yourself is, how do you expect them to get the funds to pay with such an outrageous APY?
This is not different from a Ponzi scheme.

Some people are wearing this trident protocol signature, though the bounty campaign is escrowed but I am sure that they will be left with some useless tokens, this is a bad timing for such a project to come into this crypto space, we all know they are the type of projects that make money in a bull market and vanish into thing air.

Before investing with new coin given higher APY reward better check volume transaction market, exactly with BSC network and only have dapp exchange market easy for becoming scam coins. I know with this project coin after launching bounty campaign project but I can't guarantee will be potential investment for the future depending how crazy APY given. Most risk when investing with altcoin exactly with BSC network and listed with dapp exchange market only, they can removed liquidity suddenly and make price drastically drop later. Better if you want try investing and keep get passive income with staking, looking coin have bigger transaction volume and have been listing on CEX exchange like Binance, Kucoin or Huobi.

Some new projects have advantages and are worthy of being used as a basis for investment, but considering that recently, many projects have experienced a decline and ended in scams, you have to really communicate with other investors about the project, don't immediately make a decision to invest, look for more information, so that you are safe and have a profit.

Before investing any money people need to study the different kind of scams that exist in all markets because if they don't then they risk falling into something like this, which for people like us is very obviously a scam, and then lose all their money, this is something that we see in the forum almost every day and even if we take a great deal of our time trying to warn newbies about his behavior they keep falling into it because of their greed.

I hope you OP could figure out that it was not worthy to invest with before falling into a big scam project. Though we can't assure it was a scam, however, with the nature of its market proposals, can be closer enough to say it was. So many projects like this before and guess what, many people got fooled had suffered losses. I know you don't want to be like that, so better ignore this project and look for something that is worthy enough.

This is the same modus since the crypto industry has emerged and you see such scammers taking advantage by making such claims of high ROI to attract their victims. Thankfully you posted it here before trying to invest in them because if you do, you might get others in trouble as well because you might try to recruit them when you are receiving some partial amount of the money you invested without knowing you cannot get the large portions of your investment back and same to the people you recruited if ever.

Hi all. I am a representative of the Trident Protocol project. First of all, I would like to thank everyone for their interest in our project. I usually ignore negative messages, but today I will answer in a negative context.

First, we work with what we have. It so happened that DEFI products with high profitability are popular in the cryptocurrency market. We offer you the opportunity to earn with our Trident protocol. It's up to you to use this opportunity or not.

I know there are a lot of smart guys here. You perfectly understand that 99% of cryptocurrency projects are SCAM that create useless products like Metaverses, games. I want to ask, you probably bought coins of projects that create the Metaverse, but have you ever used the Metaverse yourself? I personally don't. All these metaverses and GAMEFI are just dust in the eyes. Worthless products. I'd rather do what will be in demand than what no one needs.


But if you do not like the current state of affairs, you are constantly faced with deception, then create your own project. What is the problem? Don't like high APYs? Make a project that offers a lower APY and go ahead, offer the crypto community. If you consider yourself smart, then offer the crypto community something of your own. Which doesn't look like a Ponzi. If your project reaches a capitalization of 1 billion, then we will gladly copy it.

Frankly, I'm amazed at the Dreem community. Beta came out not so long ago, but guys already created a huge  bunch of character models and entire locations.

Projects that do not have risk are a lie, because almost all existing projects have their own level of risk. Try to think about the logic of the project that you share, does it have a level of trust from people, simply why not invest their own money?
be careful of the existing investment models, because when you are not able to place them in the right order, the investment you make can give a negative value to the return

before this project, I remember there were some similar projects like helena or safuu, you can check these 2 projects before you want to invest in tridentprotocol
these are basically ponzi projects and it will soon die and lose investors,
in my opinion, you should stay away from them, it is never better if you think that investing even a little bit to experience, it will give you bad experiences and make you depressed to continue investing in quality projects

when they see high APY for ordinary people this is a good and promising project so they are interested in investing in the project but they are not aware of the pitfalls so they are caught in a mousetrap, best if you have a lot of money go to a sure and proven project

It's a fraud, just like other members claim! It is impossible and unimaginable to earn a million tokens using this strategy. This is a ponzi scheme, and after you invest, they want to grab your money. Find something actual where you can generate money, then, if possible. There are numerous choices there, such as staking and scalping.

Frankly, no good project can provide such high APY, high APY means inflation. This is clearly a ponzi project and it won't last long. Nowadays projects like this are no longer attractive to investors, they all realize that projects like this are just a waste of their time and money.
OP, you can still invest in it but be prepared to accept losses, if you have never been in it before, I think you should have a bit of experience with it and you will naturally stay away from projects like this after that. Remember to only invest a small amount to experience.

That APY is making someone greedy. Come on, if that's for real, too many rich folks are already there. It's not the first time that I've seen such too-good-to-be-true offers for just a passive income.
Nothing can do with that and it's better to don't be too hopeful with something like that and expects that it is for real. The chance of being scammed is higher than you earn with the such an amount there from that APY.

The project promise is too good to be true, I would stay away from that project since we have evidence that high APY/APR is not sustainable.  We are only giving away our money if we invest in that kind of scheme.  But still it is up to you if you wanted to face the risk but remember that many replies here warn you about the possible losses of investment in that kind of reward scheme.

No!

When something starts with "how much can I earn" you need to stop reading, close the tab and move on! Simple as that! Don't invest in promises, check the project and what they plan to do! If it's just "earning, making money" most likely it's a scam! Ask yourself how they plan to make a profit if they don't offer anything except "how much I can earn"?! Where is the product? What do they actually do to make some profit so shareholders can get their cut?

Invest in projects that offer something real... not just big promises!

I did know why you started this thread. If you research little you will know that there is no money generating system for these kind of projects. APY is huge and this is just to attract investor. All previous project failed and this will be also. I stongly recommend to stay away from this project and invest in BTc and Ethereum.

The high APY part should be an indicator to stay the hell away from that website. no legit business can offer you that high of an APY no matter how good their business is.

having a high APY does not mean it is a good and cool project, this is the importance of asking in this forum you will get suggestions and answers that may be beyond your mind, but whatever you get in this forum is the best answer based on our experience here, I see that like a scam site but maybe you can do more research before investing into it, so be careful not to be tempted by high APY

I have experienced lots of this scheme and most of them failed.  Those who do not failed reduced their rewards greatly.  I can't say whether it is a scam or not but the given value to entice investors are not feasible.  So better think about it very carefully.

Many have said that Triden Protocol is a scam project that carries the Ponzy Scheme theme,
of course this reminds one of the biggest and most successful Ponzy projects, namely Bitconnect,
so I hope you guys here are not tempted by the APY they offer, I guarantee they won't pay for the APY to you

Personally I wouldn't invest on this project and I think I don't need to dig it further to reach this conclusion. The banner shared by OP says it all. A yearly return of 382,945% like they promise is actually negative propaganda, because every investors with at least a little experience on this market will flag that as a potential scam or unreliable token. Interest paid is too high, therefore it's not an advised or good project to be invested.

Even if it's a legit project, you can expect the token's price is going to crash really fast, because there isn't demand to follow an absurd supply of 0,0235% paid every 15 minutes over holders' funds plus a 382,945% APY.

I think this is a very good time to invest because the market is down 80 to 90 percent and investments are always made in bear markets. A good investor always buys in bear markets. And bear market investments are alwaysconsidered a very good strategy for the future.And this opportunity is very good because in the future as soon as the market goes up, your investment can pay a lot of profit.

right, let's think realistically about the new crypto projects in the current season. as if the existence of a high APY will attract investors, but behind that there is something that each person is worried about. The basics we need to know, don't be tempted by something that looks sweet. do your research well

Don't want to rush to make a decision, even though it looks promising doesn't mean it's safe from the risk of losing money, at least look at all the teams concerned with the project whether everything is clear or not, plus that the project is running a bounty campaign, it's very worrying by all people, even myself because bounty projects don't all promise anything else at this time, many fraudulent projects don't even reach the targets set by the project, and in the end the project stops and doesn't even go on, of course it will take a toll..

everyone has their own views, as is the case today, where bitcoin reached a price below $20k, and that means it could be possible to decline again, so we can use this opportunity to buy it, by looking at the support area to start buying, maybe the previous low we can use as a reference, and traders will certainly take advantage of this opportunity to make a profit. and back to the main context, I see that this project has a high APY, and a ponzi scheme is possible, so we must be able to take advantage of opportunities as well as possible when prices increase

is that really good news? I think that's bad news, because the APY is too high for a new project,
it doesn't make sense, I can even call it a ponzy scheme, all members here will definitely support me if Trident is a scammer

I'm not sure about this project, because there are so many projects that offer good offer in the future, because it's just bullshit to make everyone believe in the project, be careful choosing the project now, because many projects now have no capital and they just rely on investors when they don't reach their desired target, they will walk away and not tell everyone and the tokens you buy will be worthless.

It's a real scam and a ponzi scheme, and it's so naive, trying to lure investors with huge numbers. The first thing you pay attention to is the purchase of tokens directly on the site and then look at the percentage of investment.

The $1,000, when you move the slider to the maximum 365 days, shows a return of $3,746,386. Who would seriously believe it? 375 000% of profit for a year, it will work only for absolute beginners in the world of cryptocurrencies or financially illiterate people.

Different types of investors perform market analysis. some love the bear market when buying and hold for a long time when the bull market comes along. but some are waiting until the bear market has finished and there are signs of market stability. they are just waiting for the moment to enter the market. and when the powerful pump came they could directly join the train. only the shorter time efficiency is taken into account.
Of course, there will be pluses and minuses. but everyone has their way of doing investment planning.

So, if the bearish market was not the right time to invest and when it must be? I think that is a very wrong opinion caused by when bearish market turn to be bullish and you will not be joining in the train. I think that this time must becomet he best time to accumulate more and more tokens from the market. We can get more compared when we are investing in the crypto a few weeks ago. This time crypto is going to be bearish trend again.

all projects that from the start will offer an attractive profit offer for their potential investors. we must be careful in choosing a project for investment.
I've experienced a new project investment that ended in a scam. everything seems fine, until the first distribution which is only 20%, and investors can get their investment back. should just wait for the profit, but after the 3rd distribution and so on there is no more discussion in the group and the developer seems to have left the project.
many new projects are present today, but very few of them can survive and compete in the market. most new projects just create strong hype in the beginning. then they drown.

And I'd rather not waste my time waiting for how long their event will be finished. I'd see this is not the best option if we invest in crypto, the risk is too high to consider, and even following their project from the beginning we still have no assurance that it will succeed.
No easy money - that should we have to out in our mind and I think OP must look for the previousu scenario in order to be aware of the tricks that mostly used by scammers. Don't fall into attractive offers...

many people are still tempted by the high APY value which brings people into big risks, yes if the investment is of little value or not expecting more with the project it might be better. some of this is a great manipulation to attract people to invest but behind it all there is a risk

This is a scam project, the answer is all there mare looking at the APY, this is so unrealistic, do not invest a penny in such project, they solve nothing so they are here to steal from greedy investors and that's it.

Trying about one or two days is good option I think than have to stake for few weeks later, I worry with higher APY given make price easy for drop drastically. Many other kinds of coins given higher APY reward without a week price have drop drastically. But we don't know the rule of coin talked by OP, could unlock when ever we want or have time for unlocking coins. But if any one want to try be careful and how ever keep selling when receiving reward from staking, not guarantee with higher APY give by some coin price stable, they try how to make many investor interested with their coins project and after have many holder suddenly price drop and not profitable earn from staking but also get loss for investing with high risk coins.

Current state of btc doesn't seem right for you to invest now but if you are a future investor then you can buy btc because btc has come to many prices now and also if you invest on any other token then you are losing business.  If you can, invest wisely and be wise. Thanks

Regarding this project, I can say with confidence that you need to participate in the project in order to make a full assessment of the project. And when you look at this project from the very beginning, it promises a big profit, but as a result, a big loss of own funds. So each participant makes his own choice in achieving his success in the project.

I'm done investing in projects like this because it's unsustainable and they are out in a few weeks it's a Ponzi Scheme that's manipulating investors to think that this is a legit project in Cryptocurrency, I check their FAQ and they have this


But you cannot find on the page the profile of the team, not even their name, this is investing in unknown people, they are safe if they run off with all your money, never invest in projects that are very similar to a Ponzi scheme like this and with unknown projects, you will just literally throwing your money.

You still need to analyze further and even if they have campaign here, there’s still no guarantee about it return. You can just easily notice that this kind of project has been offered already for many times but still you can get the same result which is not good at all. I suggest not to invest for now and wait for their exchange listing and live platform, maybe by this you can have a clearer picture about how this project can give you profit and is there service important in crypto market.

No, it is not.
Simply, every investment has its own risk and profits, however, if we consider that the risks are higher than the profit probabilities, why should invest in it? Moreover, if this is a Ponzi scheme, this will be dead soon.
It may be better to save your money and invest it in Bitcoin. or if you want to invest in altcoins, you are better to see the top 10 CMC or only focus on Ethereum, Solana, BNB, or Matic. Those are more potential and promising than the project that you mentioned OP.

Before I did any further research, I read some community posts saying the project was a huge scam ponzi scheme, as their response to the project was shown, very clearly with some screenshots very high yearly APY. @OP Better stay away if finding multiple similar projects in the future, high returns without risk is a scam. Always be careful.

From looking at the existing web, I'm still hesitant to enter the project, let alone say that APY is large, it will be more hesitant to enter the project, it's better if you research further from the project because by providing large APY on what basis?

It seems most people making comments above are just coming across such a high apy project for the first time or pretending to have seen anyone before now.
Anyways am not here to defend any project but what I do know is there are several similar high paying apy projects out there, of course, this reward is not sustainable long term hence the reason it will reduce as time passes, this is meant to attract user at the beginning and later the apy will reduce a lot,  those who started staking from the onset will have a better reward than those who will later join the pool. this is nothing new.

it's very clear it's a ponzy scheme, stay away from projects like this because they are scams!,
I really wonder why they have a bounty program, and it's really supported!,
yes I'm furious to see a scam project supported by many bounty hunters.

 be careful when you choose this kind of projects to invest. as most of people explained here, these projects  have 90% chance of become a scam. we cannot see what will exactly happen because there are not enough details about this project.   you can choose another project or doing a really big research about this project before investing.

Lol, you have to be too stupid to think that this isn't a scam. You really think investing $1,000 will make you a multimillionaire within a year? They make it look so good on papers, but in reality, you will receive nothing. It says you will receive $TRIDENT (which is their own currency i think), not USDT. The value of that coin will likely be almost zero.

Any high APY projects are most likely scam projects. Don't invest!

Obviously its big scam.

What you showing us is almost 90% ROI within 30 mins. Now think for a moment, if that company has some sort of method to generate so much revenue so that they can pay you this much amount, would not they do it themselves and live happily ever after?

It's not even a project which one should be thinking about considering that single screenshot. If you are going to just try it out with $1 then also dont dare because you aint gonna get it back. Thats the kinda scam it is.

This project is too risky and if I would risk my funds, I would rather invest them in potential coins that could reach a profitable price in the future. I don't get any sense in investing in a project with no concrete plan or more like a Ponzi scheme. It's not worth the risk. You will only be wasting your money, time, and patience on that project.

I don't think why many people looks interested invest for new project and give crazy APY or Interest reward, look on their website give more than 382,945% APY reward could called as hype project. I don't believe it with some project giving bigger APY reward and price keep stable for few days later. Ever I saw many project giving higher APY reward just few days later after launch price of coins drop drastically more than 300%. I think all investor should keep away with project investing give higher APY reward, I am not really recommended with this project coins ask by OP because they give most crazy APY reward.

It is evident just by looking at the APY that, we claim that this project is nothing more than a ponzi scheme and it will not last long at all, if you invest in this project it is more like gambling than investment.
You can try a little with it but make sure the investment is for fun and if you lose it won't make you despair or get in trouble. High return, high risk.
If it were me, I would stay away from them and should ignore them, never trying even a small amount.

Investment has to do with risk, which nothing good come easily, Cryptocurrency investment has come to stay in this ecosystem, which it required your time and your money to play along side towards the industries, because they are many alt-coin creating every single day and many survived, few run pull and no where to be find, having said that Trident Protocol, is a new project, which have to make your own research about the project and also check list case and the team, if is active working towards the road map of the project as stated on the whitepaper to achieve the goal, and has a very high APY, which is a very good to invest what you can afford.  

Investment always has the same risk as profit opportunities, if there is an investment offer that gives 1000% profit then we must be realistic that the opportunity for loss is also 1000%, of course, depending on our courage to take the type of high or low risk investment.

Investors are now very aware. Those who used to invest in various ICOs without realizing it now they are very careful. Many investors lost their wealth in such type of project. New projects are another form of uncertainty these days where established coins are surviving in the market, So in this moment new projects must build confidence among the investors and that should be lengthy process.

There were plenty of similar projects over the year, and where are they now? Before investing in such projects, you need to think carefully and perhaps there will be a less risky event in which it is worth investing your assets. I mean platforms that have proven themselves and have achieved results over time.

It looks too good to be true but you can still make money out of the project, idiots will jump in and the smart ones will keep taking profits till the liquidity is no more, this type of projects are been operate like Ponzi scheme.

Do you really believe that by investing $1,000 in an unknown service, you will receive $3.7 million a year later? After seeing such figures, you should immediately close this site, realizing that this is a classic ponzi scheme. Otherwise, when investing, you will completely lose your money.

I agree on that investing a small amount of your money is not an issue, big risk comes with a big profit, if we want big profit then we have to do a big risky discission we have so many good project but it still turns into almost zero value, look at what happen to tera luna i still have so many question on my mind why do they failed, i just considered crypto as gambling and everything is possible.

I think that this project is purely gambling for sure. Any big hype token is only for those who wanna try to put their money into the big risk. If you have so many tokens in the market that even better than it and why?
I think that investing small money was not a bad idea but it must be a few dollars maybe. If that's related with huge money and i will be going to the top coins.

The question is, do we still see the future of projects that offer very high APY? Like Helena Financial for example, even now they don't have proper liquidity on Pancakeswap. I don't know for sure if this is due to lack of public interest in this token or it is because they are doing development for Helena V2 so they and people are pulling liquidity from Pancakeswap. From the Trident Protocol website itself, I don't see anything else that would attract people to this project other than high APY. There is no information regarding the team and also no information regarding their backers to add consistency from potential investors.


Reference:
1. https://helena.financial/
2. https://coinmarketcap.com/currencies/helena-financial/
3. https://tridentprotocol.com/

At least to me this seems to be a Ponzi scheme and as such you should not invest your money in it, I know that people in general would like to obtain constant profits from markets, but this is something that is not possible and if to this we add that they are promising a huge amount of profits then it is very clear that at some point this project is going to fail, and as such it is a waste of time and money to invest in that project when you know from the very beginning that it cannot last for long.

I'd like to make the OP aware that he shouldn't invest money in new projects and it's clear this is high APY with a Ponzi scheme, no big profits have been set but rather a Ponzi scheme and this is too far from reality to be true.
It should be a little reasonable if APY is a bright future then, of course, investors will invest there not in top altcoins, because this is with fraud that often happens, avoid the APY project and think logically that this will not come true.

Give me some reason OP why I should have to trust this project and would encourage me to invest in this. I have no clue at all because the APY is not enough to say it was worthy nor do we trust a project that has not already been launched. How can they provide us returns (APY per 15 minutes) if their project is not gaining or working yet?

Ponzi schemes and or any scam tricks aren't new to us OP, and this project seems to be like them. You will only regret if you invest this project - true.

Nothing to consider again, if I were you, I will not put my money into this investment. This is a new project, gives very high APY, seems to be too good to be true, but has no promise and potential for the future. This is exactly a high risk for investment. If I were you, I will prefer to choose investment in Bitcoin, Ethereum, or BNB, sure enough, this will be increasing for holding.

Simple, dense, and clear. 

I guess it won't be. There are other better projects out there to invest yoir money with. This one's quite having problems with being too unrealistic. Sustainability would be surely become an issue afterwards if this won't be a fraud. All I know is that if anything is suspiscious, try looking the other way around. We are talking about money here, never risk too far just because something will give you easy profit 'coz there's no such thing. But if you're that tough, then go. Just be sure not to regret things once the unfortunate happen.

rebase project, i have bad experience with this kind project ,personally it depend on high APR only and no usecase from this token. for short term speculation maybe it could but for long it will die slowly.look at helena , its price slowly down and even rebase not enough to make us breakevent.

^ I am thinking if OP will push so hard and attracted with the high APY, it seems you are gambling on it and making a plan for how to exit when there is your profit before turning into scams. We know a project like this will not hold long enough to survive and that is the reason why it will always end up as a scam. It could be profitable for me but it is very risky, it seems you are gambling but if you are not sure about this, better to stay away and find an investment that is really safe. HYIP usually end up scam.

The main problem is how can the price will be sustain from the dump? It has very high APY and im feeling doubt if the price of token can sustain even though if it will have small supply but i think that we must have learned from another project like lanuna. Some project may able to sustain but the dump can't be avoided. The inflation rate is too big. people are only receiving their reward to dump and then going out from the market but mostly of these people may not see any profit as well.
I doubt if such mechanism is still working. Im feeling doubt if that will be working for sure.

Well, it got more attention because of the said APY and it is really attractive but there is one thing we need to consider when choosing a project to invest in, it should have a working product. I'm doubtful about the presale they made and what if they won't succeed? That for sure our money will never get back to our wallet - losses.

It is better to be wise when choosing a project and never got fooled by that attractive APY as I could assume that this is probably another scam project.

There are projects with such crazy APY in 2021 that looks more reliable than this project and today they are no where to be found, the volumes on exchange is almost zero, do not be fool by the looks of projects, as you can see no information about the teams or owner so they know what they are doing.

Trident protocol has a good concept, but to be honest with their features they have a very high APY level,
I'm really worried about projects like this, even though if you see it looks solid,
but many projects with high APY turn into ponzy projects and end up scam , so don't push too hard,
moreover there's no information about who their team are

Wait, this project is presently finding bounty hunters to promote their project lol, I wonder why so many bounty hunters are promoting such project, are they blind or what? There is no project with such insane amount that did so well in the past they all turn to scam.

this is a really new project which has no clear path so far. so investing in this kind projects are very risky mate. i dont tell you not to invest there. so you have to research very well before you invest there because of most of this kind of projects are live untill the presale. then those are dessapears . so use your head in this case.

More like an idiot invesment.

It's a ponzi scheme, never invested to such project or website who offering you "APY or Interest" without zero risk. Most the time is scam and ponzi, in investment is always have some risk.

NO RISK = PONZI. Always think from your logic, If some company offering an investment without zero risk "why they need to ask or open an-investment?" why they not just invest their own money.

Simple right.

Is this project called 'Trident Protocol' a good one to invest money on? They said their fund raising is happening on pinksale, what do you think about the project? They have high APY, https://Tridentprotocol.com