Olympus and Wonderland
- Thread starter Kambaggo
- Start date
lokibyheart
Power Member
- May 23, 2019
- 635
- 426
how much money you lost buddy?
lokibyheart
Power Member
- May 23, 2019
- 635
- 426
dude it was the ponzi scheme run by criminals just like every other shitcoin
it collapsed, lots of people lost thousands of dollars
cryptogodjay
Junior Member
- Feb 13, 2019
- 183
- 92
Lost 6 figures
True Miller
Regular Member
- Nov 20, 2015
- 274
- 177
big shitty scams, both of them
hellofriends69
Newbie
- Jan 12, 2022
- 15
- 6
Wonderland has had a turbulent few months but finally seems to be on a good path. Currently trading below book value which isn't very common since most assets are priced at a premium to account for rev growth. I'm bullish in the long term, not telling anyone to buy however as I don't wanna shill shit, I guess time will tell if I'm right. Wish I could do a !RemindMe 12 months. Let's see how well this post will age.
Brickbat1
Elite Member
- Mar 22, 2010
- 2,366
- 1,391
It has lost a lot of investor confidence, and thats the main determinant for price. So my take is that it will gradually burn to the ground.
- Oct 25, 2014
- 1,311
- 597
Staking, NFTS are gambling at the moment.
i saw tweet this week that, these NFT sellers, buying their own NFTs to increase the price. Also You got to be out of it when these dump celebrities influencing you to buy it. All they want to make some money. Stay out of it!
I never tried stacking but after seeing OHM and Wonderland found in some troubles lately, price drop to bottom, it doesnt give any promises that it have any future. I mean one thing people fall into the trap of high APY promises.
So research and keep your money only at BTC / ETH.
i saw tweet this week that, these NFT sellers, buying their own NFTs to increase the price. Also You got to be out of it when these dump celebrities influencing you to buy it. All they want to make some money. Stay out of it!
I never tried stacking but after seeing OHM and Wonderland found in some troubles lately, price drop to bottom, it doesnt give any promises that it have any future. I mean one thing people fall into the trap of high APY promises.
So research and keep your money only at BTC / ETH.
Brickbat1
Elite Member
- Mar 22, 2010
- 2,366
- 1,391
I have made good money from crypto staking. Even from wonderland. Its just about not letting greed get the better of you, and exiting when the ovation is loudest.
- Oct 25, 2014
- 1,311
- 597
Which is a best one, Like i have celsius but not stakced yet. What would be your best advice here..
Brickbat1
Elite Member
- Mar 22, 2010
- 2,366
- 1,391
Well I cant tell you what to do, but i can say I can say the best staking platform needs to be one where there is a demand for the staking reward token(for other reasons) inspite of it being minted daily at crazy scale. The demand drives the value up sometimes while the minting devalues the token also. Look for P2E games that fulfill this basic condition and you will discover the power of staking.
- Oct 25, 2014
- 1,311
- 597
Ya you are right. Demand is the secret here.
As you said, P2E, you mean like Axie Infinity?
hellofriends69
Newbie
- Jan 12, 2022
- 15
- 6
This is absolutely true. Trust and confidence can however be regained with time. As long as the treasury keeps growing (Farms alone yielding a solid 40%/year) with time investor confidence will return.
And now that leverage is gone (finally, eh) we have neutralized a lot of the sell pressure. When Sifu-gate hit I thought the largest risk was the team getting demoralized and just wanting out, but with Dani's return to the community as of the recent vote I don't see that happening either really.
rayjay8
Newbie
- Jan 17, 2021
- 16
- 14
I invested in TIME around 2 months ago. Down 90% right now. One of their founders turned out to be a fraudster. The APY is just a marketing scheme.
hellofriends69
Newbie
- Jan 12, 2022
- 15
- 6
The better way to put is that the APY is a fundraising mechanic. It's an economic incentive that does well in bull markets and uptrends.
Destt
Regular Member
- Sep 9, 2017
- 210
- 117
I did, I think somewhere around that day... Glad I did and probably will be just pulling almost everything out of crypto.
Just a lot of stress, and not really huge gains (investing long-term for like a year already), would rather use the money for real projects that can do 10x, and not based on luck, but based on my hard work...
Crescitaly
Banned - Shitlisted and did not do the right thing
- Jan 23, 2022
- 343
- 98
All DAOs are down 90-99% now, invest your money in staking stable coin it’s better now