Still into high APY projects? | Bitcointalksearch.org

Teraboy

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Quote from: justdimin on August 29, 2022, 09:48:30 AM

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they are very lively at first but the high APY also means high risk. I think when DeFi got popular high APY we've seen a lot and they just end up disappearing without a word. It's a scary thing, I think the average ends up like that, but if they can be sustainable they're great.

The risk is too high. High apy means so many tokens will be generated in hourly even minutes basis. So, this will give impact to the price of token. You can take so many high APY tokens in the market about how it was growing down so fast after people are starting to get what they have been staking with non sense apy like that. Im sure that if anyone also aware about that too. SAFUU has become a scam token.

High APY doesn't always means there are a lot of tokens generated, it also means that you could have very low amount of investors. So even if you are changing like just 1000 dollars worth of investment but there is only a single person, then all that 1000 will go to one person, whereas if there are 1000 of them, then each will get one dollar.

This is just an example which is why I believe that we should be making sure that it is not just high APY that is due to high return which will make it high inflation, it should be high APY due to being new and lacking enough investors. That would be a much better situation to be in and give you a better return for a short period of time.

That means only that guy who will be ruining the token itself but i thought that there would not be any liquidity since only 1 guy who invested in that high APY project.
It sounds like a big complicated for me to understand your explanation above, it's quite clear the project itself mentioned once you invested 1k and you will get millions USD later. So, tokens being inflated. These APY will come to people who staked their tokens.

Silberman

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Quote from: fortunecrypto on August 30, 2022, 04:34:50 AM

Quote from: S3300 on August 26, 2022, 04:23:08 AM

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

It's expected and this is not something new, all the other coins in the market that promised a very high APY will eventually die down because this kind of project is meant for pump and dump, and pump and dump coins have a short-term lifespan, they are just good at promising their holders but they have no usability that the community can use, stay away from this project, moderate your greed, don't invest on something that's very similar to Ponzi scheme.

I will say that this is not something similar to a Ponzi scheme, in my opinion this is exactly what it is, now I understand that many people do not really know what a Ponzi scheme is however if anyone is interested in investing in one of those projects at best they should invest just a few dollars, then when they eventually lose their money they will learn their lesson and understand that projects like those are never going to give them profits, this way the price they need to pay to learn their lesson will be very low, but many times this is not what happens, people invest all their money and when they lose it they are completely devastated, both economically and psychologically.

fortunecrypto

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Quote from: S3300 on August 26, 2022, 04:23:08 AM

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

It's expected and this is not something new, all the other coins in the market that promised a very high APY will eventually die down because this kind of project is meant for pump and dump, and pump and dump coins have a short-term lifespan, they are just good at promising their holders but they have no usability that the community can use, stay away from this project, moderate your greed, don't invest on something that's very similar to Ponzi scheme.

Jancuki

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The APY project must provide more solutions to price stabilization, especially if the APY given has a high percentage. Most projects that provide high APY will certainly be very risky to the speed of price declines, so it is necessary to take concrete steps to overcome this so that prices and the provision of APy rewards can be stable. Hopefully there is a solution!

poodle63

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Quote from: ?? on ??

they are very lively at first but the high APY also means high risk. I think when DeFi got popular high APY we've seen a lot and they just end up disappearing without a word. It's a scary thing, I think the average ends up like that, but if they can be sustainable they're great.

It's not only high risk but that's actually a non sense thing. You can imagine this in the site that's stated that if you bought 1k worth of tokens and it will become 3 millions USD in a year which is a non sense thing. People can sense it.
Any project with a very high apy like that has more than 98% probability to become another scam. You must also see what happened with lanuna.

shinratensei_

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I think most high APY projects ended up having no volume because they are shitcoins from the very start they offered their high APY.
I mean the reason they could offers such high APY simply was because they are shitcoins that eventually in the future will get flooded with so much supplies that it will lost its value.
mostly this kind of coin just trying to make short term return and usually gets left by traders later in the future since it will eventually becomes bad investment choice.

justdimin

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Quote from: ?? on ??

they are very lively at first but the high APY also means high risk. I think when DeFi got popular high APY we've seen a lot and they just end up disappearing without a word. It's a scary thing, I think the average ends up like that, but if they can be sustainable they're great.

The risk is too high. High apy means so many tokens will be generated in hourly even minutes basis. So, this will give impact to the price of token. You can take so many high APY tokens in the market about how it was growing down so fast after people are starting to get what they have been staking with non sense apy like that. Im sure that if anyone also aware about that too. SAFUU has become a scam token.

High APY doesn't always means there are a lot of tokens generated, it also means that you could have very low amount of investors. So even if you are changing like just 1000 dollars worth of investment but there is only a single person, then all that 1000 will go to one person, whereas if there are 1000 of them, then each will get one dollar.

This is just an example which is why I believe that we should be making sure that it is not just high APY that is due to high return which will make it high inflation, it should be high APY due to being new and lacking enough investors. That would be a much better situation to be in and give you a better return for a short period of time.

JoyMarsha

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When the high APY rebase projects started newly in crypto, I was in love with their rebase system. Seeing how your tokens keep multiplying every 15 minutes(auto-rebase) in your wallet. But at times continue to pass by, I noticed that many of the high APY projects are beginning to reduce their high APY to minimum APY to enable them to control the inflation and stabilize their price.

Projects with high APY are a risky investment. It should be avoided because they are out of ideas to continue with their high APY rebase system

FirmWars

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In 2021 when crypto bull run is alive I watched some videos on Youtube where some Youtubers invested 50$ into different high yield projects like this and some do give news about how much they have made in two to three months but they knew its not safe that's why they used 50$, but this risk is only worth taking in a bull market, I don't know why this one comes when the whole market is in mess already.

wheelz1200

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Quote from: S3300 on August 26, 2022, 04:23:08 AM

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

They are all scams. For the most part you will end up losing your investment. Any investment which claims it can make you insane returns is a scam. Point out one that has been sustainable.

Kelvinid

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Quote from: serjent05 on August 28, 2022, 05:24:12 PM

Quote from: S3300 on August 26, 2022, 04:23:08 AM

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

Projects that offer like this are doomed to fail. They have an unrealistic offer that is hard to support, so as a result many of these kinds end up without any demands. Imagine, a project due to a low budget conduct crowdfunding then they will have this high APY offers to investors. Who in the right mind will offer a high return when the project itself is struggling with funds and needs investors to start the project? Of course, those whose goal is to money grab will be the ones to offer these kinds of schemes and they really don't care about the economics of the project reason why most of them become worthless.

Perhaps, it was a common issue in new projects and offering huge APY to gain more attraction from the community, and later on, they will just leave. I'm not sure what is the team is planning but in most cases, this is likely to fail just like the others. And I'd never see it was worth investing in this kind of project knowing that it was not working already and no idea where the team gets money to give to their investors.
And just like what you think, I feel doubtful about these projects who offer high APY.

Xal0lex

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Quote from: S3300 on August 26, 2022, 04:23:08 AM

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

All these projects do not live long. I would like to see at least one project that was able to pay such a huge interest rate to its investors a year after they invested such funds. They do not exist, simply because it is impossible. Just ask yourself the question, what makes a project pay that kind of interest to its investor? What kind of trading turnover does it have to have in order to be able to service such an interest rate? There would have to be trillions of dollars in turnover, and that probably wouldn't be enough. Such interest rates exist only on paper, in theory, as an advertising campaign to attract investors who are uneducated.

serjent05

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Quote from: S3300 on August 26, 2022, 04:23:08 AM

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

Projects that offer like this are doomed to fail. They have an unrealistic offer that is hard to support, so as a result many of these kinds end up without any demands. Imagine, a project due to a low budget conduct crowdfunding then they will have this high APY offers to investors. Who in the right mind will offer a high return when the project itself is struggling with funds and needs investors to start the project? Of course, those whose goal is to money grab will be the ones to offer these kinds of schemes and they really don't care about the economics of the project reason why most of them become worthless.

Captain Corporate

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I really never was. I really enjoyed the projects that changed the crypto world and have something to provide to the crypto world. But at the end of the day the high APY ones do not have anything like that at all. I believe that we shouldn't really be focusing on anything that is just making you money, if you look at just the money making chance then you are going to lose money %100 for sure. But if we focus on something that is long term amazing that gives something good with a new feature or something like that to the crypto world then we are going to end up with a big profit in the long run. That will help a lot.

andriarto

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Quote from: ?? on ??

High APY projects have high returns I think it is still liked by many people today. even some of these newly emerging projects with the latest high APY. but so far none of them can be a sustainable DeFi. how are they when they know that this is very risky but only insist on profit.

But the fact is that most projects using APY cannot compete to attract people's interest and just end up without any certainty, even though they have made a good concept, if the community's interest is no longer there, it can't be denied, we can see projects that are running defi cient. at that time, did it work until now..

it is very difficult to predict a project to make it successful in the long term and according to the roadmap that has been prepared. many projects were very well prepared but ended up being abandoned and disappeared from the market. I think it will be better the way we deal with it. for example by arranging money management to provide a smaller portion in investing in new projects. apy is sometimes not the main benchmark in supporting the success of a project, and of course we should not be greedy, because there is a chance for a ponzi scheme to occur

Iyeman

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I think that high apy project didn't seem to be a good project anymore this time. It's caused by inflation that may be ruining everything. We have bunch of similar projects being launched in the various timing. Those are dumping so hard like there was no bottom for all of them.
This is why i think that we must think again to invest in this kind of project. You shall also hear another opinion in this thread as well. I think that will give you a little insight

ethereumhunter

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Quote from: S3300 on August 26, 2022, 04:23:08 AM

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

The end of those APY projects can be a scam because they offer something too good to be true. And unfortunately, many people then join the project because they hope to make big profits in a short time. Even bitcoin can't provide big profits if the market is in a bear market.

You don't have to deal with such projects because most of them will end up being scams and you will be disappointed to see them. Just a suggestion, if you want to invest in such projects, you can use binance and allocate some funds to your account to start investing in new projects. At least you will see the results and the coin or token from that project can get a place on the binance trading list.

Silberman

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Quote from: S3300 on August 26, 2022, 04:23:08 AM

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

You should know that this is a very bad sign, in order to offer those kind of returns it means no one is interested in the project, and even if there was someone which was such a huge return is simply unsustainable, so when you see similar numbers to that then you need to stay away from that coin, and if you are already invested in it then the only thing I can say to you is that it is getting quite late and if you do not sell soon you could become a bagholder.

Jackl87

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Quote from: S3300 on August 26, 2022, 04:23:08 AM

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

Well it should be pretty obvious to anyone that has at least the math skills of a 4th grade student that such projects have no chance to be sustainable for more than 2 weeks or so. During a full bull market such projects made some lucky dudes rich that invested into them literally in the first hour or so then farmed for a few days and then sold of once the project got traction on social media and other platforms.
Now during a bear market such projects just have no chance to find any one that buys them and rightly so in my opinion, because they are nothing more than obvious ponzi schemes.

Yamifoud

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Quote from: S3300 on August 26, 2022, 04:23:08 AM

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

Don't get too attached to these projects, not I was saying they are all scams but yes, this kind of trick may fall into the schemes. We have to be aware that it was impossible to make money from a non-working project. I know their offer is very high and attractive but we have to consider how could they generate money if they are still in the pre-selling period. Just take a look at how good is their marketing and could really entice investors to join but yes, we can also draw some speculation that this will ended up scamming.

Topic: Still into high APY projects? (Read 351 times)