ApeSwap, BurgerSwap, SushiSwap and other forks - where to invest? by unbiasedwriter

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hive-167922 · @unbiasedwriter · Sep 30 '21

$22.40

ApeSwap, BurgerSwap, SushiSwap and other forks - where to invest?

I have some money that I would like to invest in different cryptoprojects, and the goal is, of course, to get rich as quickly as possible. So, I started to look around for projects with a high APY that I believe has a potential and will give me my money back with a high return as quickly as possible.

But, to be honest, I was quite surprised as I did so. How come? There are just so many projects out there, especially in the Defi sphere. So, we all know Uniswap, PancakeSwap, and SushiSwap. These are all very big and have giant numbers of TVL (Total Value Locked) on the platforms, big trading volumes and so much more.

And then you have BurgerSwap, and now you have ApeSwap. And yesterday I discovered quite a lot of very similar products, some of them on Binance Smart Chain, while many exist on other chains like Cosmos and Avalanche. And that is when the confusion starts.

![nature-g2718da3fd_640.jpg](https://files.peakd.com/file/peakd-hive/unbiasedwriter/23tvXzRWE3Ud4NLdq9iBm3n1xJjHy7kAM6hwazbFPQJdcuDExo9erNyfJWj3vPBX6urtN.jpg)
*This is me... at least I feel like this in some ways...*

## I feel like an Octopus, I just don't have enough arms and money!
Looking around, I feel like an Octopus. I feel like I have 8 arms and I try to catch as much as possible, but in the end, my number of arms proves themselves incapable of catching all the offers out there. In fact, they are all being pulled in different directions and I am in the midst of feeling like chaos.

There are so many projects out there, and many of them look good. But, many of them also seem to be stupid projects with no special use-case, nor serious developers. They have simply copied a source code, launched it on a blockchain, and given it a new name and changed some colors and graphics. We have to be careful with such projects.

## I cannot be afraid of missing out...
There is something called FOMO, and it is the fear of missing out, thinking that if I don't buy now, the price will just take off and it will never return to its existing level ever gain.

I am not fighting that at the moment. But, I do fight the fear of missing out on a project that will give an incredible return. Just like you would have been incredibly rich if you had bought Dogecoin in November (before the Elon Musk tweets), or if you had bought lots of Ethereum when it was at $100 last year.

But, I am now telling myself that I shouldn't fear this. After all, I cannot discover everything and all projects out there. My goal shouldn't be to test all the rollercoasters but to find a couple, pay attention to them, invest, and then try to make the most of those investments.

It isn't easy, but that is what I am trying to do. I might put a few dollars here and there in projects I believe will disappear and turn to nothing, just for the sake of giving it a chance (like I did with [$TIME on Avalanche](https://www.ipaddressguide.org/would-you-like-to-invest-in-wonderland-time-read-this-article-before-your-continue/)), but that is not where I would put the big bucks.

How do you feel? Are you on the constant look for new projects to invest in? Do you have a favorite?

👍 project.hope, ph-support, unbiasedwriter, creativeblue, lupafilotaxia, dgalan, crypto.piotr, madridbg, rbalzan79, amestyj, alokkumar121, onealfa, carlir, drax, arunava, josevas217, chucho27, pishio, carlos84, anyelina93, ygalue90, alaiza, karamyog, reeta0119, emiliomoron, alexaivytorres, steemitcentral, crassipes, sandracarrascal, rubenp, wilhb81, yusvelasquez, samminator, investegg, chaodietas, nazaleo, awah, sidalim88, help.venezuela, cristanza42, minerthreat, karupanocitizen, pablo1601, agrovision, adityajainxds, lastminuteman, adesojisouljay, carrieallen, lanzjoseg, abneagro, machnbirdsparo, alvinauh, franyeligonzalez, thetimetravelerz, sbi2, joelagbo, ph-fund, mccoy02, phgnomo, luckyali, jgb, maxuve, votehero, yohan2on, and 66 others

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@budapestguide · Sep 30 '21

$0.04

I'd be careful with all those projects just forking, without giving out the names of any of the people behind the project and so! Rather invest safely, based on research and knowledge about the team behind!

👍 unbiasedwriter

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@unbiasedwriter · Sep 30 '21

That is also a way to look at it... I kind of agree, but I also like to take big risks...

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@emeka4 · Sep 30 '21

$0.04

Well we just have to try every new platform we see because to be successful in any thing we just have to take risk

👍 unbiasedwriter

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@unbiasedwriter · Sep 30 '21 (edited)

Well, just discovered RobiniaSwap right now - running on Binance Smart Chain as well, official launch tomorrow... interesting as well :) https://robiniaswap.com/

By the way, thanks for sharing your thoughts and your comment!

👍 drax.leo

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@hivebuzz · Oct 1 '21

Congratulations @unbiasedwriter! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

<table><tr><td><img src="https://images.hive.blog/60x60/http://hivebuzz.me/badges/postallmonth.png"></td><td>You have been a buzzy bee and  published a post every day of the month.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@unbiasedwriter) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!


**Check out the last post from @hivebuzz:**
<table><tr><td><a href="/hivebuzz/@hivebuzz/pum-202109-29"><img src="https://images.hive.blog/64x128/https://i.imgur.com/rv2OQ5F.png"></a></td><td><a href="/hivebuzz/@hivebuzz/pum-202109-29">Hive Power Up Month - Feedback from Day 29</a></td></tr><tr><td><a href="/hivebuzz/@hivebuzz/pud-202110"><img src="https://images.hive.blog/64x128/https://i.imgur.com/805FIIt.jpg"></a></td><td><a href="/hivebuzz/@hivebuzz/pud-202110">Hive Power Up Day - October 1st 2021 - Hive Power Delegation</a></td></tr></table>

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