Are altcoin pyramids worth it?

[sallasvve]

Of course, most coins will disappear a year or two after the release. But some projects are quite good and can bring good profits. I think it is worthwhile to study them as much as possible, and then it will be possible for Mono to find a quite good project that will bring good profits.

[kryptqnick]

Hey, folks, what do you think about all those decentralized ethereum pyramids which are shooting up like mushrooms nowadays? They say such projects are 100% decentralized (which means they can't be manipulated and admins won't run away with your money), transparent and quite sustainable. What do you think is it possible to earn some profit there? Or is it just another scam story only "in a different packaging"?

If it's clearly a pyramid and nothing more - stay away, since its crash is imminent and you will probably be among those unlucky who lost their investments and time. Pyramid is a scam, everyone knows it. However, I do believe that some referral programs might be fair even if they are built in the form of reaching certain level. The problem with a pyramid is that eventually there are no funds to pay the rewards, people start getting anxious and try to withdraw their money, but it's too late. If a company has a real product and receives constant income, a referral program probably can be alive forever and let everyone profit. But that's still risky and I am not sure this is the way it works.

[potivech]

I lost bitcoin on 5 HYIPs and now I stay so far away from them and have anger towards them. Be careful out there guys. Scams are around every corner in crypto right now.

[slightmoon]

Only worth if we dive at the right time and also run at the right time. But in crypto hard to say for anything. Just matter what people think. Most of the love it so it's good to take chance of it also. 

[CaMeRoNy]

Now almost half of the crypto-currency market consists of centralized coins, even initially the coins that were decentralized, are now in large numbers in the hands of a certain number of people, so I do not think that the new projects that are coming out now will be decentralized.

[chip1994]

I don't think we can find out any good project like that in this time while everything is very bad. Sometime said always much easier than done, they can easily make up a great future for their cryptocurrencies and their projects but we don't know if they will do the same as the said or not. For me, I don't believe in this kind of project )

[Dondont]

Hey, folks, what do you think about all those decentralized ethereum pyramids which are shooting up like mushrooms nowadays? They say such projects are 100% decentralized (which means they can't be manipulated and admins won't run away with your money), transparent and quite sustainable. What do you think is it possible to earn some profit there? Or is it just another scam story only "in a different packaging"?

it's better to avoid projects like that, and encourage your friends or people to stop following such things, if we keep following them, that means we also support the team to commit fraudulent actions, even if we are not affected by fraud.

[Perfect35]

Hey, folks, what do you think about all those decentralized ethereum pyramids which are shooting up like mushrooms nowadays? They say such projects are 100% decentralized (which means they can't be manipulated and admins won't run away with your money), transparent and quite sustainable. What do you think is it possible to earn some profit there? Or is it just another scam story only "in a different packaging"?

Everything or every new development, no matter how genuine it might look, should be put to test. Do not trust all that you see.
It is even my first time of seeing this (ethereum pyramid) and there are so many of them, which is what my make me loose interests in it.
If there are so many of then, then what is the success story so far?
If there are no evidence of good reports, then it is a no go area.

[cryptolidus]

I do not participate in any ponzi scheme projects as they are not transparent  and it is only matter of time
when you will be scammed. I avoided Bitconnect for the same reason, luckily.

[GmBoom]

Do not be fooled by the good mouth they speak about their projects. Always make sure that you can verify the details that they are bragging. Always avoid those projects saying that they have a good profit return, because most of the project that says that turns out into a scam project.