MultiversX Tracker is Live!

How many people have gotten wealthy from hawking coins with little to no utility?

All Cryptocurrencies

by COINS NEWS 119 Views

Which would be the majority of coins? I remember in 2017 when there was a new coin launching, and the creator/ ringleader/ whatever was discussing how the 20% of the coins would be divvy’d up amongst the creators. This was when crypto hype was in full critical mass, and you could basically launch anything with 10000% ROI. That always rubbed me the wrong way.

Imagine being able to write the equivalent of a book report - Whitepaper- and get wealthier than the CEO of a company that IPOs with a real product and real revenue. One reason why I have a hard time investing in alts, is not because so many are billed as get rich quick schemes for investors- but they actually make their creators rich, and they don’t deserve it- in my opinion.

I can’t shake that buying so many of these coins is just enriching modern day Charlatans.

submitted by /u/Singleguywithacat
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments