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RE: HIGH APY - does it make you EXCITED or discourage you from investing in DeFi Projects

in Project HOPE4 years ago

Hello friend @crypto.pyotr.

From my particular opinion, the projects that offer such high APY are not of my confidence and I have my reasons, mainly they are not durable over time.

These projects with a lot of APY tend to generate a very high amount of token, so this can generate that there is a lot of supply with which you can lose the value of the token completely, and that is a matter of hours after the withdrawals begin.

On the other hand, I consider these types of projects as SCAM, it always capitalizes a small part, and many of the small investors end up losing their resources.

We must always be attentive to projects that allow us to have a stability, not that they are only for a few days and everything ends up dying, as is the case of prprojects that generate high APY.

I prefer investing in more stable projects and with a profit percentage of 15% to 20% are very good the truth, with this it becomes durable and a very stable economy.

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