Robbyy22663 Posted November 12 Report Share Posted November 12 Recently, a friend decided to invest in a project, promising high interest, but after a month everything stopped, the money disappeared, and there was no trace of it. I would like to understand whether such risks are really justified or is it better to stay away? It seems that many people say that DeFi is the future, but it's scary that the money will just disappear. Do you think it is worth trying at all, or are all these smart contracts just a nice lure? Quote Link to comment Share on other sites More sharing options...
Edward2113 Posted November 12 Report Share Posted November 12 I agree that DeFi is interesting but risky. Everything revolves around smart contracts. If something goes wrong, it is almost impossible to get your money back. I have tried it myself and advise you to study the topic thoroughly before investing. Here you can read a little more about smart contracts: https://www.tidbitsofexperience.com/how-smart-contracts-power-the-defi-revolution/ . Remember, there is always a risk. Quote Link to comment Share on other sites More sharing options...
Soffi1 Posted November 12 Report Share Posted November 12 Interesting topic, especially nowadays when more and more people are starting to use crypto. I'm personally not into it yet, but I'm always curious to hear what precautions there are in such a fast-growing field. I'll be following the discussion and maybe I'll get involved in cryptocurrency myself at some point. Quote Link to comment Share on other sites More sharing options...
stevenlee Posted November 17 Report Share Posted November 17 It's understandable to be cautious about DeFi projects due to potential risks like scams and loss of funds. High returns often come with high risk, and some projects can be fraudulent or poorly designed. If you feel uncertain, it might be worth staying away or only investing what you can afford to lose. On a different note, if you're looking for secure, more stable investments, you could consider reaching out to Vanguard customer service for professional advice on safer investment options. Always research thoroughly before making decisions. Quote Link to comment Share on other sites More sharing options...
seodiger Posted November 24 Report Share Posted November 24 If you are involved in the crypto industry check out these opportunities: #1. Learn How to Become a LYNX Node Operator and Earn Crypto Rewards! #2. If you are a serious crypto investor invest in Real-World-Assets and gain great ROI in 2025. #3. Find out what is cloud mining in crypto and how to invest in crypto through cloud mining services. +1 TIPP Choose your 3 or 5 years smart contract and invest though this reliable Cryptex DeFi Staking Platform. Quote Link to comment Share on other sites More sharing options...
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