You can lose money with AEVO, here's why:
What we see most on the web is, get rich doing this! And one of the sensations has been the launchpool. However, few people know how to assess the risk of this type of investment, let's go.
At each launchpool you will receive between 3% and 8% on the investment in BNB, however the risk is if BNB devalues during this period, as it is "locked" in the launchpool until the launch ends. Other factors that can cause loss are:
- Thousands of people are locking their BNB in the launchpool, if anything happens during this period, the BNB coin will have a strong period of sales after unlocking.
- Generally these new tokens are highly speculative, they are protected by "vesting" contracts that ensure that their founders will not sell them, but this may sometimes not represent reality.
- Thousands of influencers sell media and bring this "investment opportunity", often, they don't even invest in the token.
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Keep safe, and Go Bitcoin.