Bought £700 worth of a cryptocurrency I don't know much about, is this moonshot?

[hamu3l]

Hi everyone.

Recently I aped (full degen) $CAVA (UNISWAP) after seeing some advertisements. Anyone else involved in this project or know the direction?

https://www.cava.finance/

Thanks in advance if you know much about ETH blockchain or this current project!

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[UKprod]

CAVA sounds a lot like KAVA which is a genuine finance/lending/borrowing crypto project. So this itself is a red flag for me, because CAVA seems to be banking on KAVA's popularity. Further, the logo is a dog which looks like it is trying to copy dogecoin. It just seems to be gaining on the popularity of other blockchain projects.

While the project does seem novel with involvement of charity, I would really not claim it a moonshot since there are many blockchain projects working on charity and this is nothing new.

[ryzaadit]

If you buying something without know the reason, there you are not ready to invest buddy! IMO, you are just actually hoping to get lucky that coins is going to the MOON! rather than see from the development. Try to look yourself, what the difference between gamble? nothing both of the same  rather than this better I actually gamble my money Advertiser is normal, and you know the "Finance" project is alrady mostly came into the public so nothing new at all.

[cabron]

You are not the first to have done that and then disappointed after. You will learn the lesson after, sometimes a big lesson is a result of the big mistake done. DYOR is what we always recommend here. My suggestion is that if you ever profit a big from the project, get out withdraw your funds and observe what the project really is. There are projects older than that like the ones created back in 2016 which still are going well today, I think those projects are worth trusting than the new ones.

[sunsilk]

No.

You might have been misled by that advertisement that you saw. Before investing, you shouldn't just be into that advertisement but you have to do your own research too so that you're not going to end up asking if you did a good job or not.

Well, that's it. You just invested in a project that sounds like the other altcoin. I don't have to go through that project but if you can still got some stop loss and recover some of your money, do it while you can.

[Kena Banned]

Hi everyone.

Recently I aped (full degen) $CAVA (UNISWAP) after seeing some advertisements. Anyone else involved in this project or know the direction?

https://www.cava.finance/

Thanks in advance if you know much about ETH blockchain or this current project!

I just think you want to shill the project by posting it here. IMO, nobody want to really buy unknown project only by seeing a random advertisement somewhere.
Moreover, the project is on Ethereum chain which is have a gas fee issue recently which means u need to pay high gas for the transaction on uniswap to buy it.

[shinratensei_]

https://www.coingecko.com/en/coins/cavapoo You meant about this coin, right?
This is a garbage coin dude and so you have invested your money without try to did any research before? it sounds like you are gambling your money without know what coin that you have used it to gamble.
that's the same like another garbage coin

[Dave1]

Lol, I'm just looking at the reply, it seems that this coin is the pure definition of shitcoin, copy cat and obviously no one from this community is aware of it.

Just sad that you fall for their advertisement, and you simply put your hard earn money on it. I will assume that you are a newbie in crypto space. So let this be a big lesson for you. Check everything first, DYOR (Do Your Own Research), before letting go of that big money of yours.

[seoincorporation]

Hi everyone.

Recently I aped (full degen) $CAVA (UNISWAP) after seeing some advertisements. Anyone else involved in this project or know the direction?

https://www.cava.finance/

Thanks in advance if you know much about ETH blockchain or this current project!

What makes you take the desition of buying a token like that, I could say you take a terrible decision by buying it.

First of all, the token isn't even listed in coinmarket cap, so, that's a signal of a hit and run token. The second bad signal is the trust pilot, it doesn't even have comments on the site, which means it's a recent project.

If you want to read the Whois information about the site you will find there is no info about the owner, and that's another terrible signal.

The site says it has a $21 Million ‍MARKET CAP, but that's a lie. So, I would recommend selling that token and buy something with a better backup before you lose your money.

[JeffBrad12]

This is another shit scam doge fork token. There are bunch of shit scam coins like this one and what about your investment? it seems like CAVA already got another downtrend. It seems you are a new crypto user dude and you should never fall into the any advertisement that created by garbage shitcoin. It can be a trap for your money as there are bunch of scammers created crap token like cava.
This coin totally overvalued with so many supply.

[bigdude]

Hi everyone.

Recently I aped (full degen) $CAVA (UNISWAP) after seeing some advertisements. Anyone else involved in this project or know the direction?

https://www.cava.finance/

Thanks in advance if you know much about ETH blockchain or this current project!

I suggest you go to play the DICE game will be better than investing in the shitcoin you know nothing about it.
Or bet on EURO Fifa football game
good luck

[meanwords]

You bought a cryptocurrency you don't know about. From the other comments alone. It seems like you need to pull out as fast as you can before it's too late.



Just look at this, this shitcoin is literally putting shit in their name.

[hugeblack]

Looks like a meme like Dogecoin I decided to buy it.
The design of the site is not professional and there are no technical details about the currency, but a lot of promises.
I will not be surprised if you are part of the team and trying to get free advertising because there is no logical reason to invest in this project.
In general, they plan to burn 5% of the supply per month, and this percentage is very frightening and makes the price of the currency very volatile.

[FairUser]

I think if there is a chance to get rid of it then you need to do it. This coin looks rather forgettable and looks like it is evolving in the direction of the meme that a lot of new projects appear that are still active. But if they have a team and a plan, it also needs to be considered, the problem is why when you don't understand it and still decide to buy it, take a look at yourself and don't turn your money into other meaningless things. 

[leea-1334]

I have never heard of this unfortunately,,, and of course I do not keep up in these deficoins at all so I would never have heard of even a good project if it came out.

Be wary even yesterday supposedly stable and secure defi coin went to zero. Rug pulls all over the place and from a glance this looks exactly no different from all other defi projects. Put money in. Earn APY. Where is the value of that?

[worle1bm]

Hi everyone.

Recently I aped (full degen) $CAVA (UNISWAP) after seeing some advertisements. Anyone else involved in this project or know the direction?

https://www.cava.finance/

Thanks in advance if you know much about ETH blockchain or this current project!

So you decided to invest €700 in the project or memecoin for which you have no prior knowledge?You just look at advertisement and invest and now asking about its details from others? This is one of the worst strategy for trading speaking frankly dude.These days many memecoins or so called doge killers are in the market being pumped by whales to scam you of your funds. Don't bother to invest in them as they will give you nothing in the long run.

Moreover it was launched on 1st June this month and with 10 quadrillion supply out of which 5% will be burned monthly 3% rewards for each transaction doing charity and other.Sound lucrative to investors but in reality they have no utility so best advice satu away from such coins.

[enawati]

Why bought tokens that have high risk? I think this is bad decision by using alot of money. This is new tokens that similar or copy other project. This tokens only listed in unpopular exchange with very low trading volume. Dont take too much risk, and for the better choose high cap coin which all of them now in the bottomed price.

[babygun]

https://www.coingecko.com/en/coins/cavapoo You meant about this coin, right?
This is a garbage coin dude and so you have invested your money without try to did any research before? it sounds like you are gambling your money without know what coin that you have used it to gamble.
that's the same like another garbage coin

With some luck this shitcoin can still go the moon but chances are 99.5% that it will be: bye bye money lol.
I also invest sometimes in a shitcoin in the hope to score some quick profit, but my maximum input is always 50$ or lower.

[palle11]

Learn not to invest your money in such a project you can't determine what the team is up to. Moreover is a big money that you have involved in it for a project of such not listed in a reputable exchange. Your enquiry here when you have already invested is not a wise idea. Make research first before you get your money in.

[Saisher]

Hi everyone.

Recently I aped (full degen) $CAVA (UNISWAP) after seeing some advertisements. Anyone else involved in this project or know the direction?

https://www.cava.finance/

Thanks in advance if you know much about ETH blockchain or this current project!

You are not so sure about your investment because you are asking here and wants validation that you did the right thing, this is a wrong mindset, when you have done diligent research and invested in the project, then you should stop asking if you did the right thing and just follow the development of the coin you've invested and support it if you are not comfortable might as well dump it.