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Projects that were scammed at the beginning of their operation

How to make money on a launch of another unnecessary fork and to cheat speculators who came to earn on the sale, and still look like a victim ?

Very simple:

• Add a loophole in the code
• Scam yourself after the launch
• Diligently pretend that you are unsuccessfully trying to return the investors' money. And when it doesn't work out, then conduct a vote in which you will be like Robin Hood for the next six months, giving a portion of the platform's commissions to users who lost on the "hacker attack".

Well, if it doesn't work out, then rebrand and relaunch the platform with another sale.

In the crypto industry, people have a very short memory and they will bring you their money again.

I'm not saying that all scammed projects do this, no, many of them are indeed so inept or greedy that they neglected any audit.

Projects with too much advertising

Every day, I follow hundreds of influencers, and it's funny to see how some of them begin to write threads about the same project at the same time.

They claim they've found a project that will change the entire DeFi industry, offer you a guaranteed airdrop for just $1 in fees, and relieve you of constipation while curing dementia.

Sometimes they even use the same text provided by the project.

Usually, this project will soon have a sale or recently had a sale and the raised TVL did not meet their expectations and now they are dumping a lot of money into marketing.

The fact is that the DeFi community is not as big as you think and if a truly worthy project appears on the horizon, this information will spread quite quickly through this community without advertising. After all, the best advertisement is a quality product.

Leveraged yield farming projects

Most of those who use such platforms have never even asked themselves the question "at whose expense can I suddenly turn my $100 into a position with 5x value?".

Of course, this happens at the expense of lenders.

Lenders in leveraged yield farming are most often people who are afraid of volatile tokens, so they hold their assets in stablecoins. On the other hand, they see others earning high two to three-figure APYs and come to believe their stablecoins should yield no less than 20% returns.

Thus, they fall into leveraged yield farming and do not ask questions about the risks accompanying their deposit. In most such projects, there is no protection against a bank run, i.e., when during some scare, lenders can suddenly request their money back.

And on volatile markets, it's a matter of time when some scare will start. And do you know who is always in the black and does not bear risks in such projects ?

Of course, it's the project owners themselves, they will earn more on your liquidations and bankruptcies. And it would seem good to be an investor in these platforms ? But this has nothing to do with long-term investing in fundamentally strong projects, which I support, so I pass.

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