Should I pick some PEAK?

[bogdalanadelrey]

Guys, what do you think about that project? looks like trust worthy project and their staking bonuses are lit. I'm really worried about their future. Want this project to rise up, so underrated.

Some info from their site and paper:

PEAFDEFI no KYC, audited by Quantstamp,

PEAK token has already over 6100 holders with a marketcap of around 30M USD, Liquidity of 720k on Uniswap and listed on 6 exchanges: Bibox, Probit, 1inch, Uniswap, P2PB2B, Balancer.

https://peakdefi.com

 

[livingfree]

I'm suspecting that you're not asking this for the legit questions that you're bringing. But you're asking this because you want to give people some peek about this project and have some idea what it is all about.

But if you're legitimate and asking it as if you're really wanting to know the thoughts of people in here, I would conduct more research before investing.

[bogdalanadelrey]

Yeah, the thing is I can?t say that I am professional trader/investor or something like that, but I wanna know more about that project, interested in your opinion guys. They have large APY, so I guess its good to start with them.

[plr]

I am not aware of the project because they do not have an official announcement here, they have a channel for communication in telegram but that's a place where they can control everything, I have doubt on projects that do not have an official announcement here, not that they are hiding something, this forum is a place where people can discuss openly a project.
This peak is doing good in the market surprisingly even if they do not have an announcement and a campaign, that project could be an exception from the criterias I've mentioned.

[Bitcoin_Arena]

Yeah, the thing is I can?t say that I am professional trader/investor or something like that, but I wanna know more about that project, interested in your opinion guys. They have large APY, so I guess its good to start with them.

It's not a guarantee that you will make that much money or your funds will be safe under someone's smart contract.
What's the point of a large APY if one day you wake up and your money is gone?

Maybe you should first read through a disclaimer on their website to open your eyes

Disclaimer

No Advice

The information on this Site is provided for information only and does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell, or otherwise transact in any investment including any products or services or an invitation, offer or solicitation to engage in any investment activity.

The information on this Site is provided solely on the basis that you will make your own investment decisions and PEAKDEFI does not take account of any investor’s investment objectives, particular needs, or financial situation. In addition, nothing on this Site shall, or is intended to, constitute financial, legal, accounting or tax advice.

It is strongly recommended that you seek professional investment advice before making any investment decision. Any investment decision that you make should be based on an assessment of your risks in consultation with your investment adviser.

Risk Warnings

There are significant risks associated with an investment in any products or services provided by PEAKDEFI. Investment in the products and services is intended only for those investors who can accept the risks associated with such an investment (including the risk of a complete loss of investment) and you should ensure you have fully understood such risks before taking any decision to invest.

Past performance does not guarantee future performance and the value of investments can fall as well as rise. No investment strategy is without risk and markets influence investment performance. Investment markets and conditions can change rapidly. Strategies or products can lose money as well as gain. All investors should consider investing only if they can accept the risks associated with investing including a loss of invested capital. No investor should invest without a thorough reading of the risk factors associated with each investment strategy in official documentation provided for each fund or strategy. Investors with questions should additionally seek independent investment advice tailored to their needs, circumstances, and risk tolerances.

[maxreish]

What I wanted to ask is that peakdefi claimed as "safer way to grow your health" as the  site said. How can they tell it's a safe when decentralized finance projects are actually prone with different issues like hacking, etc?

My confusion's slowly clearing after reading their real purpose here.Seems PEAK has unique purpose as I read how they gonna perform the security between the two parties (investors and managers).

[cryptoaddictchie]

I did have this token during early days and got loss and sold at a loss. I dont know but maybe I was wrong to sold that with a loss and should have been waited for it to recover since they introduced more exchange afterwards but the thing is the project seems have a really common goal or idea with mostly of the defi projects.

[Strongkored]

I'm really worried about their future.

If you are worried then it would be better not to invest in it, because when investing you have to trust that the developer is able to provide project development in accordance with what they have targeted.
If look at the CMC data, the early investors should be in a profit.

[criket]

there is a feeling of uncertainty in you about the project. if my suggestion just leaves it. but if you are still curious, then look for what will make you satisfied.
I think many projects already have a market, but they don't have a price development in the market. some of them have even been removed from the exchange because there is no progress.
try to find progress and plan for the future. if they do not carry out the plans that have been made in the past. so forget it, they won't develop the project.

[bogdalanadelrey]

Any other thoughts about them?

[maydna]

Any other thoughts about them?

Did you already gather more information about the project? If not, I suggest you should not invest in that project and stay away from them. There are other projects which can better than the project, but you must search for more information. We can ask about one or more projects here, but we must have another source to give us the information. Otherwise, we can skip investing in that project.

Or you can wait for a while to see how good the project is running because usually, after the project launch, the price will adjust to the new price, which can be lower for the first time. I can only suggest you invest in bitcoin as bitcoin can give you a big profit in the future.

[electronicash]

Any other thoughts about them?

just pick the popular ones, not this one. like the user above said this project didn't have an Announcement thread here, it would have been a good reference to check what other users here had asked about the project. they started last year around march but it's only now that we heard of this Peak. seem odd but yes at your own risk, you seem to have decided already that you promoted it here.

[goaldigger]

I'm suspecting that you're not asking this for the legit questions that you're bringing. But you're asking this because you want to give people some peek about this project and have some idea what it is all about.

But if you're legitimate and asking it as if you're really wanting to know the thoughts of people in here, I would conduct more research before investing.

Expect this kind of questions coming from a newbies, this can be a new way for them to advertise.
Seriously, if OP is looking for the answer then you can get it here. If you’re investing into a new project, doing some research is a must and don’t trust easily, big bonuses doesn’t mean a legit project, take time to review it first.

[bitcon]

Better to refrain from investing in PEAK, at least for the near future. The project is new, and it is unclear whether it will develop or is it just another empty shell.

Study carefully the crypto market, today you can find for yourself a lot of really interesting and promising offers that you can study and make the right choice. Your best bet now is to look for investment options among the top coins. Pay attention to projects that are being talked about, which are actively developing and improving.

[CaptainDeFi]

I think they have a great potential this month. OKex listing can help them to gain popularity.
Also have you checked their content on YouTube, cuz I saw a couple great vids like what is DeFi and NFT

[bogdalanadelrey]

Oh really? Good to know about new listing

[adzino]

Guys, what do you think about that project? looks like trust worthy project and their staking bonuses are lit. I'm really worried about their future.

Never heard of this project nor have I come across any thread discussing about them. If you are worried about their future, then don't invest in their project. It is not worth taking the risk.

Want this project to rise up, so underrated.

But after reading this, it looks like you have already invested in this project and are you now shilling for it so that others invest and cause the price to increase? If so, then please don't. It won't work. If you doubt them, just sell your tokens and leave. Don't get others involved in it.

Guys, what do you think about that project? looks like trust worthy project and their staking bonuses are lit. I'm really worried about their future. Want this project to rise up, so underrated.

Some info from their site and paper:

-snip-

Those "info" doesn't define how well the project will do. We have seen many projects that had made "big talks" but then after few months, they all died.

[bogdalanadelrey]

As far as I know, this project is more than a year old and it is constantly updated, just the other day they announced a listing on OKEx and Binance SC. it seems to me that you are too pessimistic about the project. So far everything looks pretty good.

[memyselfandi]

Well it depends on you. If you want a short term investment and easy/quick money but high risk, then coins/tokens that have peak trends are best for you but if you are looking for a long term and possible stable coin/token investment, then you need to look for coin which is not showing any peak right now but have a high potential on the future.