Where should I invest money?

[Minor Miner]

If you don't know where should you invest money, then it would be better to prevent your interest in investing money.
Don't follow others' influence or others' advice when it comes to investment factors. It is not wise to follow financial advice blindly.
The best thing you can do is make your own research, learn how the cryptocurrency works, how ICO, IEO, Defi works, read more before taking any action.
You will get thousand of altcoins and hundreds of upcoming projects, you have to take the challenge to deffer good projects from a lot of shit projects.
You can take suggestions to learn but You can't follow anyone blindly, Best of luck.

[LUCKMCFLY]

Are you looking forward to invest because of the APY returns? Go on binance you will find better options, there are coins with better APY returns and they have good utilities, if huge dips happens they won't be that affected because these coins have better supports in the market for example Axie infinity has 25% APY on binance exchange

Well, this is about Axie's staking, but looking at it from an external point of view and not being the Devil's advocate, I think that investing in everything that is Axie at the moment represents a strong risk, something that at any moment can go very below, NFT games have been booed a lot lately, people don't trust them very much and this type of features is the most highlighted, and I think that for now it turns out to be high risk, although of course, I respect the decision of each person to put their money wherever they want, but it is better to choose a better option, of which there are many.

[ethereumhunter]

I suggest that if you have money, you better invest in Ethereum or Binance Coin. I am very sure that if you invest these two coins, you will benefit in the future.

Buying Ethereum and BNB at this point will not be wrong because it is a very appropriate step, but everyone must also be patient waiting for profits because the current market conditions are not at all good and will not be profitable for anyone.

It will be the best choice to buy bitcoin, ethereum and bnb at the moment because the price now is down too deep so we can have a hope to sell it once the price increase. The token @OP mentioned is one of the new tokens that still have a mystery if the project is really good and can survive long. Maybe @OP needs to research other projects that can be good to earn money in the future. But do not spend too much money if you do not get much info about the project because your risk will be bigger.

[goinmerry]

I'm not trying to be negative but 19% APY is too good to be true.

Although seems possible, I can't bet if it will be followed.

-What's your take on the platform?
-What's the result of your DYOR?
-Where did you encounter the platform?
-Who introduce you to it?

[pornluver]

Their idea is sound.

People own bitcoin. Instead of selling the bitcoin they use bitcoin as collateral and they get dollar.

So 19% is actually backed up. Worth putting 1%-2% of money there

[iv4n]

https://app.anchorprotocol.com/earn

19% APY

Did anyone check this site? Is it just me or does this site look way too simple? I guess there are much better places for earning... check Binance and their earning page, you will see that 19% is low for something totally new. I am checking Biswap, staking BSW (at the moment the price dropped for 20% and more compared with a week ago) for 60% APY, for new projects APY is always higher, normally it's riskier... for some stable coins, this is very high APY, usually, it's a lot lower!

Well, I don't like how this site looks... I would skip it definitely!
 

[livingfree]

Their idea is sound.

People own bitcoin. Instead of selling the bitcoin they use bitcoin as collateral and they get dollar.

So 19% is actually backed up. Worth putting 1%-2% of money there

Did you already start putting your money there?

Did anyone check this site? Is it just me or does this site look way too simple? I guess there are much better places for earning... check Binance and their earning page, you will see that 19% is low for something totally new. I am checking Biswap, staking BSW (at the moment the price dropped for 20% and more compared with a week ago) for 60% APY, for new projects APY is always higher, normally it's riskier... for some stable coins, this is very high APY, usually, it's a lot lower!

Well, I don't like how this site looks... I would skip it definitely!
 

It's actually simple and plain.

The risk would be on OP if he decided to put a little money of his there. He got the idea and let's see how it will go just as he's going to make himself a decision that he thinks it's worth putting a little percentage of his money.

[ledu_ico]

https://t.me/ledu_token

LEDU project which have been in existence for some years since 2019 operating on etheruem blockchian then.
now it wants to broaden its operation to the binance blockchain .
currently its trading on latoken,sushi swap,bithumb . its currently working on getting listed on pancake,poocoin,kucoin and  binance.

INVEST IN THIS PROJECT AND EARN HUGE ROI.
Join the official handles via the links belows to be among the 10k persons to recieve the airdrop soon to come on listing in pancake.

https://t.me/ledu_token
https://t.co/eIOQipv31P
https://twitter.com/eduecosystem1

[panduryk]

Everyone one of here cant answer u question directly, but we can give some advice.
U should clearly choose coins and etc where u wanna invest, try to check that info:
1. Do coin have any technology
2. Check Roadmap
3. Check Tokenomics
4. Check company FB,Tw ( Web Society)
5. Check linkedin
and in result u should sum up all fact and decide will or not invest

[LUCKMCFLY]

Their idea is sound.

People own bitcoin. Instead of selling the bitcoin they use bitcoin as collateral and they get dollar.

So 19% is actually backed up. Worth putting 1%-2% of money there

Well, if we take into account that the safest investment in the world is BTC, one could think of leaving almost all of 100% there, and only diversifying only a part, and this because at the moment of BTC being in a confirmed bullish trend is good. buy altcoins in the first correction of BTC, because that is when they are going to be cheaper and they will give a good x2, x3 or whatever when the BTC continues to rise, because the altcoins are a direct consequence of the BTC and its movements, for my BTC It is the safest investment, it is like Disney, Paypal or General Electric in the stock market.

[Rocky993]

This is one of the most risky times to enter the Crypto world, since BTC is not in a very good position at the moment. The position that has kept BTC in great support is still maintained, a very good time for those who can afford the risk.  Come on BTC will not cross its big support below 34000, BTC which will take a very long time to position the pump. Investors may have to wait a long time for big profits. Great time for long term investors.

[Kelvinid]

This is one of the most risky times to enter the Crypto world, since BTC is not in a very good position at the moment. The position that has kept BTC in great support is still maintained, a very good time for those who can afford the risk.  Come on BTC will not cross its big support below 34000, BTC which will take a very long time to position the pump. Investors may have to wait a long time for big profits. Great time for long term investors.

Then, what are you supposed to say? Encourage people not to invest because of the hard times?

People won't succeed if they are afraid to take risks and those who have patience will certainly be getting paid off. If you think every drop meant not good for investing, well, you are not a real investor anyway. Because real investors will simply take a look like this is a good entry and every drop could be an opportunity.

The market will move in a very unpredictable way, we have to keep positive otherwise, we are missing some opportunities.

[Bollexz1]

Were you thinking the 19% APY much to you or what?. If yes, then I must say you're wrong, there are large number of platform that offers a lot better APY, even it being a stable coin.

[TelolettOm]

https://app.anchorprotocol.com/earn

That seems too good to to be true

19% APY

This is the high amount of APY.
Is it really legit?
It is better to study and analyze at first this platform. If this platform is actually indeed legit or scam. Because you are right, sometimes, a platform that seems too good to be true will be suspicious. They may attract us with very high interests so that we are very interested and trapped with the profit promises. But n fact, they are scammers.
I will prefer to choose investing or doing staking in the top exchanges,with clear coins and also enough APY> ALhtough it is not as high as what we expect, at elast, it is safe enough

[TheUltraElite]

These high APY is often used as a temptation to lure newbie investors who are probably going to get scammed because of their foolish mindset. I would not think of this to be a legit operation at all. Be cautious before investing in this. I would not if you ask me.

It is better to be focused on Bitcoin. Because some scammers are always going to try to steal your money, they set up these schemes and also take this down all of a sudden without any notice. You have no legal route to go after as all, because it will cost you more than you can recover.

Be careful of such things. Or you have to suffer the same consequences as another foolish newbie.

[Rocky993]

It is possible to make a profit by investing in the crypto market in a short time, but there is a big risk. Despite having the right knowledge in this platform, there are some things that everyone needs to know because everything is possible to benefit from the decision crypto in time.

[JonsonMorris]

I suggest that if you have money, you better invest in Ethereum or Binance Coin. I am very sure that if you invest these two coins, you will benefit in the future.

Yes, I agree with your opinion. Ethereum and Binance this 2 coins can get profit via investment. Also we have to invest in other crypto like CRD Coin. It can get much benefit for long terms.

[EmmaGod]

When investing in this space, it's best to consider several modalities and not just the APY. The security of your fund should be the priority as there are countless more scam platforms that are out to rip off investors. I'll prefer reputable platforms like binance to invest

[Saisher]

not convincing, the website contains only a few sources of information, and in it only contains staking, it may be dangerous, the risk is in your hands. but the look of the website is not sure it can become hype.

The project is already listed in the market and in fact doing good

https://coinmarketcap.com/currencies/anchor-protocol/ it's not a hype coin they are already on Binance and they are included in the Binance launch pool

Introducing Anchor Protocol (ANC) on Binance Launchpool! Farm ANC by Staking BNB, LUNA and BUSD Tokens

This is a project worth looking but like what they all say if you are staking you should trust the platform because not your key is not your coin.

[smartaction]

https://app.anchorprotocol.com/earn
That seems too good to to be true
19% APY

It seems that there is no risk. It's UST. Stable coin.

as your link. I think. you are looking for Staking or Savings. Here anchorprotocal provide 19% APR for Stable coin Which is more than 3x that of other platforms. It would be very profitable if it did not scam. So think carefully before investing and try to know better about it and research