Topic: Still into high APY projects? - page 2. (Read 351 times)
I think the more APY is offered by these new coins, the more chance the coins will become such a disappointment mainly because it kinda shows the quality of their project that they need to give really high APY means they just want to make their coin famous somehow without showing their quality and innovation, coin with good quality like matic and solana never gives this kind of really high APY in their staking ever, I think this high APY is just gimmick.
Most of this projects that promise high APY uses the strategy to atracts more investors, after getting a huge funds from a good number of investors, they will lock their telegram group so that members can't ask questions, secondly they will disappear into thin air. The last high APY project I invested on was "ASTAK finance" and today the token is no longer showing $USDT value in my wallet.
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..
In most cases, the team reduces such high apy to avoid continuous dump of the token, it is very clear that such reward can not be maintained for a long period of time if the project was to survive. The market situation also contributes to the reason why many of these projects are quiet these days. most investors have pulled their funds out waiting for a better market condition to re-enter the market. And also note these projects don't have any utility besides apy to increase demand, it is very likely to se less volume.
high APY means the value of coins will gets eaten by inflation, high APY is just gimmick, mostly coin that has high APY usually ended up as a shitcoin, the reason they have no volume in exchange was mainly because they have no value at all at the end of the day.
Value of a single coin gets down with inflation, not necessarily your total value of your share as your share as it's growing with the inflation. In fact your share value could go up as people are incentived to hold their tokens.
Reason why they have been down in the past is because they don't have any other usecase then hype.
high APY means the value of coins will gets eaten by inflation, high APY is just gimmick, mostly coin that has high APY usually ended up as a shitcoin, the reason they have no volume in exchange was mainly because they have no value at all at the end of the day.
The end is always the same like in any hyips and ponzi schemes. Early investors make profit, while late investors lose their investments. This kind of concept never ends, they only change their methods to hide previous failures and to lure investors to keep entering new schemes. If we look back in time, when crypto was starting the trend was fake cloud mining business, then once this scam became quite evident, they had to change the methodology. From that moment on, lots of crypto projects started appearing promising the same returns of those old scam websites, but with a fresh and new frontage, appearance.
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 main issue must be such very high APY will give big inflation. I will personally said that if the most risky investment for now. If you can't get out once it was getting listed and then it will be going down slowly but bottom may be reached very soon. You must see how inflation has been ruining the price for helena token. It's like a pump and dump token with no utility on it.
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 very clear that the project that offers APY that doesn't make sense is of course a scam project or a Ponzi project, how can something like that be done? it's really not healthy for a DeFi project,
take a look at projects like Binance, Uniswap, 1Inch, do they offer high APY? definitely not! be careful.
I do not understand how to calculate APY up to thousands of percent in a day, if this is real, of course all Bounty Hunters will stop and choose investment in the system rebase, Some of the projects that I have participated in such as Safuu Drop prices are significant, I bought around the price of $ 170 and afraid of dropping so I sell when the price is $ 110 and now the price is only around $ 5.
So you said that project is giving out 99.00% returns, which itself makes sense why their volume is almost zero now. Funny. If any project is going to give APY like that then what about the marketing, PR, salaries of the employees, Light bills and shit coffee voucher? How they gonna pay for all of that and still sustain in the market with high volumes? It’s not possible, any project has multiple wings which needs to be pampered with financial support otherwise the project will end up in junkyard.
Project with 25% APY is all fine but anything more than that is going into the risk zones and making things crazy for everyone. Just runaway from such claims and always have sensible investments.
Project with 25% APY is all fine but anything more than that is going into the risk zones and making things crazy for everyone. Just runaway from such claims and always have sensible investments.
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..
If a project offers high APY or overdose, we need to ask where to source tokens to pay participants. APY usually keeps decreasing, it depends on the number of people staking. If the percentage does not decrease, of course their staking program will fail. Does not attract the interest of the participants. 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 looks like the project cannot sustain the market price of the token since the high inflation of token saturated the market making its value to collapse. With a collapsed market value, investors will not be interested because there is nothing to do to a worthless token no matter how huge the holdings is. So this kind of project will eventually die and be forgotten.
Hell no! Majority of them end up rugging. It's another attempt to lure people into their get rich quick scheme. Majority of these projects with crazy APY are not sustainable. I mean where are they gonna get the money to pay out.
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 fooled by that kind of attractive offer as this is more probably a scam trick that we usually see around. I expect a tragic ending story for that project and losses for the investors. We'd rather stay away from this and put our money into the projects that we have some assurance, unlike this HIYP that will cause us losses.
The market is so tricky that is why we should be careful and wise enough to choose the right and reliable projects.
Such projects never live long, they end up folding up in a very short period of time, only greedy people who wants to turn 100$ into 100,000$ invest in such projects, when APY is too high it will be hard for the project to survive.
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..
High APY projects should be dead for the betterment of crypto economies. I have always avoided such projects because they are mostly run bu ex-hyip admins. After the demise of MMG forum couple of years back, ex-hyip admins were looking for new takers for their nonsenses. As a result, they had included some kind crypto related touch to it. But people are stupid so they again fallen for those!
One thing you need to understand, money was never free and it will never be! Focus on biggest cryptos. Smaller non-sense projects can be completely ignored!
Yes, your mention of HYIP reminds me of them, these high APY projects are no different from the old HYIP sites. The returns are very high, take the money of the latter to pay for the former and projects like this usually don't last long. They are projects that are labelled as scams from the very beginning and only those who are greedy, do not want to do anything and want money will accept to invest in them.
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 unsustainable and not realistic for the long term, they can offer that very high APY if the project has usability and a platform to back that very high APY, in this new era of investing in Cryptocurrency it's all about usability and support of the community, this very high APY is very similar to Ponzi Scheme, they live on the hype, but they cannot sustain in the market, APY should be reasonable for the longevity of the project.
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..
High APY projects should be dead for the betterment of crypto economies. I have always avoided such projects because they are mostly run bu ex-hyip admins. After the demise of MMG forum couple of years back, ex-hyip admins were looking for new takers for their nonsenses. As a result, they had included some kind crypto related touch to it. But people are stupid so they again fallen for those!
One thing you need to understand, money was never free and it will never be! Focus on biggest cryptos. Smaller non-sense projects can be completely ignored!
But in fact this is not a good start, it will even tend to die faster, and I always recommend avoiding high APY projects that are offered.
It will become nothing. You must believe me. It's too good to be true. The fact that almost all of tokens offering non sense APY like that will be alive only for a few months and then after people have been dumping their tokens from daily staking and then they will be moving away to the another project.
This is how crypto market works right now. I think that you can understand this correctly. You must remember that if this was based on the fact happened in the market
This is how crypto market works right now. I think that you can understand this correctly. You must remember that if this was based on the fact happened in the market
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're unsustainable and might turn into a scam. Who invests with those APYs and it's likely the devs and a few early investors will be the ones to enjoy that high APY.But the rest that will get into those projects that offer too much APY are the ones that will suffer because as soon as the devs and the others have already taken their exit, you'll see the value of the project itself falls even if there's that much apy.
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