Still into high APY projects?

[FirmWars]

In 2021 when crypto bull run is alive I watched some videos on Youtube where some Youtubers invested 50$ into different high yield projects like this and some do give news about how much they have made in two to three months but they knew its not safe that's why they used 50$, but this risk is only worth taking in a bull market, I don't know why this one comes when the whole market is in mess already.

[JoyMarsha]

When the high APY rebase projects started newly in crypto, I was in love with their rebase system. Seeing how your tokens keep multiplying every 15 minutes(auto-rebase) in your wallet. But at times continue to pass by, I noticed that many of the high APY projects are beginning to reduce their high APY to minimum APY to enable them to control the inflation and stabilize their price.

Projects with high APY are a risky investment. It should be avoided because they are out of ideas to continue with their high APY rebase system

[justdimin]

they are very lively at first but the high APY also means high risk. I think when DeFi got popular high APY we've seen a lot and they just end up disappearing without a word. It's a scary thing, I think the average ends up like that, but if they can be sustainable they're great.

The risk is too high. High apy means so many tokens will be generated in hourly even minutes basis. So, this will give impact to the price of token. You can take so many high APY tokens in the market about how it was growing down so fast after people are starting to get what they have been staking with non sense apy like that. Im sure that if anyone also aware about that too. SAFUU has become a scam token.

High APY doesn't always means there are a lot of tokens generated, it also means that you could have very low amount of investors. So even if you are changing like just 1000 dollars worth of investment but there is only a single person, then all that 1000 will go to one person, whereas if there are 1000 of them, then each will get one dollar.

This is just an example which is why I believe that we should be making sure that it is not just high APY that is due to high return which will make it high inflation, it should be high APY due to being new and lacking enough investors. That would be a much better situation to be in and give you a better return for a short period of time.

[shinratensei_]

I think most high APY projects ended up having no volume because they are shitcoins from the very start they offered their high APY.
I mean the reason they could offers such high APY simply was because they are shitcoins that eventually in the future will get flooded with so much supplies that it will lost its value.
mostly this kind of coin just trying to make short term return and usually gets left by traders later in the future since it will eventually becomes bad investment choice.

[poodle63]

they are very lively at first but the high APY also means high risk. I think when DeFi got popular high APY we've seen a lot and they just end up disappearing without a word. It's a scary thing, I think the average ends up like that, but if they can be sustainable they're great.

It's not only high risk but that's actually a non sense thing. You can imagine this in the site that's stated that if you bought 1k worth of tokens and it will become 3 millions USD in a year which is a non sense thing. People can sense it.
Any project with a very high apy like that has more than 98% probability to become another scam. You must also see what happened with lanuna.

[Jancuki]

The APY project must provide more solutions to price stabilization, especially if the APY given has a high percentage. Most projects that provide high APY will certainly be very risky to the speed of price declines, so it is necessary to take concrete steps to overcome this so that prices and the provision of APy rewards can be stable. Hopefully there is a solution!

[fortunecrypto]

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

It's expected and this is not something new, all the other coins in the market that promised a very high APY will eventually die down because this kind of project is meant for pump and dump, and pump and dump coins have a short-term lifespan, they are just good at promising their holders but they have no usability that the community can use, stay away from this project, moderate your greed, don't invest on something that's very similar to Ponzi scheme.

[Silberman]

What's the end of those high APY projects with 99,000% returns? The likes of Helena and others? I haven't heard about them in a while, the last time I checked they have no volume on exchanges anymore..

It's expected and this is not something new, all the other coins in the market that promised a very high APY will eventually die down because this kind of project is meant for pump and dump, and pump and dump coins have a short-term lifespan, they are just good at promising their holders but they have no usability that the community can use, stay away from this project, moderate your greed, don't invest on something that's very similar to Ponzi scheme.

I will say that this is not something similar to a Ponzi scheme, in my opinion this is exactly what it is, now I understand that many people do not really know what a Ponzi scheme is however if anyone is interested in investing in one of those projects at best they should invest just a few dollars, then when they eventually lose their money they will learn their lesson and understand that projects like those are never going to give them profits, this way the price they need to pay to learn their lesson will be very low, but many times this is not what happens, people invest all their money and when they lose it they are completely devastated, both economically and psychologically.