Review Master
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July 11, 2021, 08:50:46 AM |
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Most of the time those who offers huge amount can't sustain and eventually disappear leaving investors losing their money, be very furios in selecting your investment.
Indeed, this is the key factor to choose any platform where we can passive income and many users don't do the research before participating into those trends or platform. As always, none should invest those funds which can't afford to lose. BTW, many projects already did rug pull and acted like that was hack and investors lost a lot of fund into those projects.
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Devifajarina
Full Member
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Activity: 602
Merit: 102
Trident Protocol | Simple «buy-hold-earn» system!
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July 11, 2021, 08:51:01 AM |
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I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?
But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
We encounter a lot of meme tokens in the market, not to mention we are tempted by very cheap prices, if we are not able to analyze the market then it is likely that buying these cheap tokens will be in vain. I prefer to buy tokens that are at standard prices if you are a novice player, considering the potential for losses is very small. but on the one hand we play in the crypto world, we cannot be separated from the risks that we will get, depending on our readiness to analyze and study the market so that the slightest risk can be properly minimized. I also suggest that before playing too far it's a good idea to first learn what we want to do.
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Ararbermas
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July 11, 2021, 09:09:36 AM |
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Telegram is full of scams in my opinion.
correct, and fyi mostly people who use to join in such events through telegram always complaining because of some reason. So you better stay away on it if you want a legit passive income.. As the matter of fact holding in exchanges such binance is more reliable so must choose it than hanging your money with some projects that you don't know if it can guarantee afterwards. Every day there's a bunch of good project emerging in binance and you can easily compute your profits unlike those telegram groups that offer such things. Wherein you don't have any idea how many profits you can get after all.
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dezoel
Legendary
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Activity: 2198
Merit: 1081
Leading Crypto Sports Betting & Casino Platform
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July 11, 2021, 09:18:14 AM |
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If you are not sure about a token then you should not invest into that token it is that simple. Or the worst case just drop in a very small amount of money and see how it is done and that way you could make some money. I personally believe that there is a good chance that people could make money in places like Cake for example, but they do not usually give BNB as far as I know, they give cake as a reward and it is not cheap neither one cake is still a good amount of reward so you need to put in a lot of money.
I cannot speak about other places because they are not always the greatest but I believe Cake is great and most investments there are great. Could be cake solo, could be cake-bnb could be cake-busd or even bnb-busd and they are all great. They do not have high return like the other farming pairs but that is fine, I rather have safety than risk.
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ZAINmalik75
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July 11, 2021, 10:27:20 AM |
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I recently join one of binance smart chain base project bounty name as ( Safehaven) which claim that we will give you bnb as a reward if you hold our token. Also they told us that they will give bnb according to the percentage of your hold token. So I think its best way to advertise His token. And help to rise his price
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aysg76
Legendary
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Activity: 1960
Merit: 2124
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July 11, 2021, 11:29:25 AM |
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I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?
But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
Don't ever trust these telegram conversation which are just to attract the members and once they stake their tokens you won't get anything and most probably you will loose what you have put at stake.Last time I heard was one of the projects I don't remember was offering btc if I hold their tokens and when I tried to find about them nothing conveiencing so don't trust what you listen but do your own research.You will find lot of way you can earn BNB from staking like staking them on Trust wallet or over the projects like Moonrat but it's your choice and remember it's crypto market so make your move wisely.
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Ziskinberg
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July 11, 2021, 12:36:53 PM |
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I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?
It is a sort of encouragement leading to a scam. You can get BNB if you just stake BNB also, not another project/token. It is likely to divert the mind of the no-how investors and feed their scammer's mouth. But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
It is possibly resulting in failure and losses on the side of the investors. We can't just tell another set of meme tokens but this is probably another set of nonsense projects. A lot of the spreading around and it was too sad how newcomers become the victim of this mess.
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DapanasFruit
Member
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Activity: 1218
Merit: 49
Binance #Smart World Global Token
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July 11, 2021, 01:29:49 PM |
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But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
Telegram is full of scams in my opinion, so those offering you a large APY will probably want to take your precious BNB coins and give you worthless BEP20 tokens that will eventually be dumped to zero, abandoned and forgotten. To be honest, this type of investment could be an ordinary Ponzi or MLM scheme. They will attract new investors and pay you BNB, but one day they will disappear with all the coins raised. I advice you to only lend BNB coins on trusted platforms like Binance or BlockFi. You can also delegate your BNB coins to one of BSC validators of your choice. Most of the Telegram groups that are focusing on cryptocurrencies are full of scams being advertised or shilled to get as many participants to their projects as much as possible., I am sure that once or twice we have been enticed to try to support a meme project with the hope that one day it would be doing a crazy pump, but we know that the chance is quite slim. And so to attract more people we now have deflationary coins that are rewarding BNB to their holders, which can be a good way to earn passive income...until it lasts. By the way to OP, where did you get the original post of this thread? This sounds so familiar to me.
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Rampagoe004
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July 11, 2021, 01:49:32 PM |
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Only some projects can pay us and projects like this will not last long, if there is a project that runs in accordance with the target that has been set then it does not hurt to participate in the project, although the percentage given is very low but we can add assets even though the value is not so great.
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panjay
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July 11, 2021, 01:53:08 PM |
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Yeah you can..I know in ETH tokens like octo do something similar. they shared their own fee from trading/farming in stable coins..but yeah it's a big ecosystem.
It's possible..but no coin always goes straight to the moon phase, like every coin in the bull market..it will likely go up. But when the bear comes...it's will not also decrease your token price but your share of fee will also be declined because people will less likely to use it... too broke to even trade.
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fileo
Member
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Activity: 658
Merit: 10
Rangers Protocol
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July 11, 2021, 01:53:33 PM |
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If sure that is another way to attract more potential investors to buy thier token and hold or stake in order to earn BNB. I think new projects now are offering good APR so there are investors to stake their tokens. I also observe some projects gone wrong in crypto space. They run the money while some of investors tokens are still in staking. Investors doesn't know that the team scam them. Be careful to participate in the project with high APR.
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_MrTuyul404
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July 11, 2021, 02:44:10 PM |
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Currently, there are many BSC projects that can earn BNB with Hold the token project, I personally am not interested in such that project because I think it has very little potential for the future
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Dread Pirate Roberts
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July 11, 2021, 03:33:58 PM Last edit: July 12, 2021, 01:27:08 AM by Dread Pirate Roberts |
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With their smart contract there are many new project based on token under BSC chain. and not all have the potential for success or at least provide value, people must be careful in choosing the project and carefull investing in any token, in fact there is many new token right know without any purpose and just trying to get easy money with this, but if you talk about staking it is indeed a new and unique innovation for some people. like staking. farming, i also had few friends are constantly doing these things.
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xmonkeyx
Member
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Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
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July 11, 2021, 03:42:04 PM |
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I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?
But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
I also see and read a lot of things like that on social media, be it twitter or telegram. I think it's one of the team's ways to introduce the coin and so far it's been very good but I think the level of risk is very high where we invest in a coin that just appears, we can't know for sure the success of the coin. I never took part until now because I thought it was very risky
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BitcoinPanther
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July 11, 2021, 05:04:58 PM |
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I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?
But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
Not only that I also seen some projects announcing airdrop whenever one is holding an x amount of their coin. Honestly, I think this kind of scheme won't succeed in the long run. It is much better to offer a project that will give a real life use case of the coin than giving away something for not moving their token.
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yohananaomi
Sr. Member
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Activity: 2422
Merit: 267
Hire Bitcointalk Camp. Manager @ r7promotions.com
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July 12, 2021, 06:39:30 AM |
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There are so many projects doing that thing, that is their staking rewards, when you buy their tokens you can earn passively BNB per se but you can't pull out your investment for a certain period. I never tried this kind of project because I think it is not profitabl as you can only earn small profits from it.
this is a marketing program that is very profitable for them, to attract people to want to do what they want, so that the goals that should be done can synergize with others without harming them too, because they hold it back. but many people like things like this which is important there is a reward but the reward is not instantly usable, of course there are no positive aspects that can be taken from something like that. It seems that I'm not the only one who isn't interested, you too and maybe those who know how to do this gradually understand.
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indah rezqi
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July 12, 2021, 07:44:15 AM |
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I've been following a few Telegram conversations recently and I've seen a new project type that involves people hanging on to their tokens or coins and then passively earning BNB or another coin. Of course, this might be a wonderful marketing effort to get people to buy the primary token being promoted...after all, who wouldn't want to have passive income?
But, of course, we are always skeptical...do you believe that a programme like this can truly succeed and last? Or is this just another avalanche of meme token metamorphosis?
If you hold the coin too long, then the possibilities that we don't want, I'm sure will happen. Everyone wants to earn from owned tokens or coins. I've seen programs like the ones you mentioned on my Telegram too often. For me it's just their promotion.
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anandaijun
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July 12, 2021, 09:59:42 AM |
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If I answer that I don't believe it, my assumption is that I'm too good at choosing and judging. In my opinion, it's just a marketing strategy. And I also believe, that such a program will not last long.
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gurunanakji777
Full Member
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Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
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July 12, 2021, 10:02:30 AM |
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This is good to attract the trader or investor to their exchange by giving BNB to hold the coins even I heard too some exchanges are paying BNB but I don't take the risk to put my coins on the exchange to get the meager award of BNB and the risk is also there because you might have heard about the hacking of the exchange. What will you do if something goes wrong so it's better to keep it in your wallet rather than in exchange for a little reward? If you want to hold your coins on the exchange and want some reward I would advise you to look at Binance exchange rather than believing in a new exchange.
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stoic_citium
Newbie
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Merit: 0
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July 17, 2021, 07:04:19 AM |
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I know one token "MOONRAT" and the system is you are earning BNB by mining but actually that just like virtual earning or something like virtual hash. And yes, they are ended by rug pull (exit scam). However, went some projects offering this kind of scheme went the earning you are making still from the unknown resource should be aware of that. No mather passive income or anything should be have some risk, went you are got some offer without risk at all then should think twice cause imposible without any risk at all.
MoonRat is not a scam project. MoonRat has had a full security audit by Certik, the leading security-focused ranking platform to analyze and monitor blockchain protocols and DeFi projects. The team members are doxed and they have to KYC to have the audits from Certik. They are working on the MoonRat Ecosystem that will be released in August! Next time #dyor and don't say the wrong fact
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