bitgolden
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June 19, 2024, 11:03:23 AM |
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As someone who has worked with a pancakeswap copycat, I can tell you that it IS possible to make money with it, because it is not really that complicated method. However, you need to keep on getting more and more users, the system works quite like ponzi scheme, all the way until it is feasible to keep it run it.
The difference between ponzi and this would be that after you reach a certain threshold, it is very feasible and profitable so you are not scamming, but if you end up staying at lower than that threshold, then you are going to basically make nothing, and some people will empty the liquidity using bots and such, everyone will lose their money. It is hard, very hard, but it is possible, not a bad business plan to have something like this if you have the time and the funding.
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