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Author Topic: never invest in defi projects under the name Safe or Moon  (Read 436 times)
leatutz
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July 22, 2021, 08:34:28 PM
 #21

I already can't count how many defi projects were released today. I think most of the projects released are defi projects. and the coins coming from that project will just be shitcoins. If you still believe in defi and keep investing in such projects, my advice is to skip projects with the name SAFE or MOON. projects using that name are just shit. plagiarism project with a very big total supply. You will regret believing in such a project.
Yes, you are right about it. DeFi projects are increasing day after day. We should choose our favorite one. We know that to protect our funds security, DeFi is good. Even this thing, we should know that new DeFi are increasing competition between the old DeFi projects or some old DeFi aren't efficient to complete our demand.
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July 22, 2021, 09:42:16 PM
 #22

It is interesting that at the same time you yourself bear the signature of the project, the name of which is very similar to those you are talking about, besides, their motto is "fly to the moon".

You are right mate, I just view the campaign ceo profile in LinkedIn and I found out that he own fashion collection. Now, how does he handle the project when he has little or no experience.
This days, any one can just organize team with members who has passion to make money but don't have the energy to maintain and sustain this system that's why we keep having rugged pull on media everyday.
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July 22, 2021, 09:49:59 PM
 #23

I already can't count how many defi projects were released today. I think most of the projects released are defi projects. and the coins coming from that project will just be shitcoins. If you still believe in defi and keep investing in such projects, my advice is to skip projects with the name SAFE or MOON. projects using that name are just shit. plagiarism project with a very big total supply. You will regret believing in such a project.
It's not true for defi projects only, its true for almost all projects. Almost 99% of the projects that you are seeing are shit projects. They are just clone of another with no new use case. All they do is create a hype, attract idiots and then scam them. Sadly people still fall for those shit project despite hearing warnings from others. Some do it on purpose hoping they might get lucky and make a fortune.

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July 22, 2021, 09:54:16 PM
 #24

Clone projects always exist in the market. When it comes to SafeMoon, it's been a really promising project. And the price also went to the moon.  Grin  Some people started making the clone of this project quickly. And this could mislead people when they are making an investment. One should be really careful about choosing the right project.

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July 22, 2021, 09:58:00 PM
 #25

Nice one, my homie. Also add projects adding Cake or Bunny to their names. These are all no no projects. I was once a victim to Frozen Cake. Lost good money. Guess I was stupid and got burned. This is a warning to others out there
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July 22, 2021, 09:59:24 PM
 #26

I think most of us are aware of that. But there are investors specially newbies who think investing in these shitcoins can be an easy to way to earn huge which is partly true however this is only for the cases of early investors before the pump happened.

Its a risky thing to do so it is not advisable to engage yourself on this kind of defi projects. Dont just follow the trend but its a must to DYOR, it will lead you to a better projects and worth to invest in.

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July 22, 2021, 10:11:56 PM
 #27

Actually not only with the name of Safe or Moon.
This will probably happen in the new hype coins or tokens in which following the native Safe or Moon success. This always happens to other types of following projects, Like what happens to the meme coins.
Moreover if we know that the total supply is exactly very high and there is no burning system. well, this may lead to the price drop so easily.
That is why to avoid this regret, we are better not investing i that kind of new projects

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July 22, 2021, 10:32:30 PM
 #28

Yeah, I'm not doing that. I'm investing only in old and well-known coins like BTC, ETH, LTC. People think that they will buy cheap coin and it's gonna increase x1000 but it's not gonna happen.
True, expecting too much increase is very difficult although not impossible, but logically it is very difficult to achieve by any token or coin in cryptocurrency under any circumstances.
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July 23, 2021, 03:46:06 AM
 #29

I already can't count how many defi projects were released today. I think most of the projects released are defi projects. and the coins coming from that project will just be shitcoins. If you still believe in defi and keep investing in such projects, my advice is to skip projects with the name SAFE or MOON. projects using that name are just shit. plagiarism project with a very big total supply. You will regret believing in such a project.
I don't think there's anything wrong with trying with a little capital because I see tokens like this have the potential to provide a lot of profit and it is evident from the very high price movements that can provide a lot of profit to safemoon holders, the most important thing for you to remember is that tokens like this have a high risk .

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July 23, 2021, 04:05:29 AM
 #30

It is interesting that at the same time you yourself bear the signature of the project, the name of which is very similar to those you are talking about, besides, their motto is "fly to the moon".
Maybe he was not counting it and so many people were also doing it. It's a common thing and it's a marketing but just take his suggestion as a positive thing. he was saying the right thing as so many people got scammed caused by that. There have been lots of project were claiming they will be mooning.
The newbie has become the main target of this scam token.

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July 23, 2021, 04:39:06 AM
 #31

I already can't count how many defi projects were released today. I think most of the projects released are defi projects. and the coins coming from that project will just be shitcoins. If you still believe in defi and keep investing in such projects, my advice is to skip projects with the name SAFE or MOON. projects using that name are just shit. plagiarism project with a very big total supply. You will regret believing in such a project.

I believe that most of us here have participated in or bought shitcoin but personally I prefer to take profit when pump, then take profit and then leave some coin

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July 23, 2021, 04:39:38 AM
 #32

I think all tokens with a very large total supply are shitcoins no matter what the project name is. so don't pay attention to such projects. and one more nonsense tokenomics. lots of new projects with very good tokenomics but it doesn't make sense. they just promise something without ever trying to make it happen. for newbies who are just investing it's better to buy big coins like bitcoin or ethereum only. it has much less risk than other coins.

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July 23, 2021, 05:15:27 AM
 #33

I already can't count how many defi projects were released today. I think most of the projects released are defi projects. and the coins coming from that project will just be shitcoins. If you still believe in defi and keep investing in such projects, my advice is to skip projects with the name SAFE or MOON. projects using that name are just shit. plagiarism project with a very big total supply. You will regret believing in such a project.

I believe that most of us here have participated in or bought shitcoin but personally I prefer to take profit when pump, then take profit and then leave some coin

investing in shitcoin is very risky and on the other hand shitcoin becomes a big profit. You must dare to make decisions in buying shitcoin, dare to lose assets or dare to take big profits.
most of the shitcoins from plagiarism projects are bullshit.

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July 23, 2021, 10:09:57 AM
 #34

I already can't count how many defi projects were released today. I think most of the projects released are defi projects. and the coins coming from that project will just be shitcoins. If you still believe in defi and keep investing in such projects, my advice is to skip projects with the name SAFE or MOON. projects using that name are just shit. plagiarism project with a very big total supply. You will regret believing in such a project.

I totally agree with you mate!

Can you have a look at Ethernity CLOUD and tell me what you think? I am very hyped about this project personally, but i'd like to know what you think as well.
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July 23, 2021, 10:12:54 AM
 #35

I already can't count how many defi projects were released today. I think most of the projects released are defi projects. and the coins coming from that project will just be shitcoins. If you still believe in defi and keep investing in such projects, my advice is to skip projects with the name SAFE or MOON. projects using that name are just shit. plagiarism project with a very big total supply. You will regret believing in such a project.

I can understand your pain and frustration from your words.
But on to be a better side, it’s better to not invest in any Defi.
According to me Defi without good backend people always turns out to be scam.
So if you love your money and don’t want it to get into bad people’s hand, then better don’t invest in it.

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July 23, 2021, 10:40:58 AM
 #36

I already can't count how many defi projects were released today. I think most of the projects released are defi projects. and the coins coming from that project will just be shitcoins. If you still believe in defi and keep investing in such projects, my advice is to skip projects with the name SAFE or MOON. projects using that name are just shit. plagiarism project with a very big total supply. You will regret believing in such a project.
in the present time, I see scammers start moving to Defi project...

mock concepts and whitepapers, APY's unreasonable ROI promises, and tight marketing. I've been deterred from investing in defi, it's better to only invest in defi that already has a good reputation like pancakeswap and others.



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July 23, 2021, 11:04:41 AM
 #37

I don't think it's just the type of name mentioned by the OP, every time there is a new crypto name that is booming it will be copied by many developers, adding the names of cryptos that are booming is not a problem. which being issues is that many new projects appear just to dredge up money from investors without any clarity after, pure create to scam people.

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July 23, 2021, 01:01:22 PM
 #38

I am agreed with what OP said, investing at kind coins like that is almost like gambling, i was trying several times, and no one profitable like most of them said, their price is up and down unpredicted, and sometimes rug and pull gone without trace.
It was my valuable lesson and make me more carefully to choose where i should put investment. Maybe the "safe or moon" tokens not fit for my style, even though people out there still like this kind of coins to their investment or daily trading activity.
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July 23, 2021, 01:08:24 PM
 #39

I already can't count how many defi projects were released today. I think most of the projects released are defi projects. and the coins coming from that project will just be shitcoins. If you still believe in defi and keep investing in such projects, my advice is to skip projects with the name SAFE or MOON. projects using that name are just shit. plagiarism project with a very big total supply. You will regret believing in such a project.
You're right, most projects containing safe and moon names end up rugpull/scam. I once bought tokens like that and just seconds after that the devs took out the liquidity.

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July 23, 2021, 01:13:37 PM
 #40

Well we are not that sure of course doing a proper research to the project itself is much better to have understanding if the project is worth it or not, a lot of people buy a Dogecoin right? but what the hell is a doge in the first place it's a meme but many people still buys it. Well it's important to know the project itself rather than just looking at its name.

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