Hello I am new here, new in crypto investment. I decided to learn the hard way and look at dangerous experiments to earn fast.
I found it on a yield optimizer and I was almost certain it was a scam and looking to be burned so one of my first investments in crypto is blzd from blizzard.money. The annual percentage yield looked otherworldly. Domain name less than a month old from namecheap. No media presence. Very little social media presence.
At march 23th I bought $20 BUSD and $20 BLZD in an experiment. It went relatively smoothly through 1inch.exchange. I converted them to LP tokens on pancakeswap and staked them in the blizzard.money pool.
After 2 days I started to panic as the BLZD traded lower. I tried to sell off but I could only sell my rewards. The LP tokens were not directly converted into currency after unstaking.
I joined their telegram and was helped immediately with a link to pancakeswap to remove liquidity. Somewhat relieved that the investment was not yet lost, that there was even someone to help, I decided to push my luck a little further. By that time the blzd traded somewhat more stable.
Apparently it's still going and I managed to convert more than $4 blzd awards to BNB. As days pass on it starts to look less like a scam as it's now featured on bsc.news and it's social media presence is becoming more active.
What do you guys think; is it dangerous to become a yeti? Will my investment be frozen in the blizzard never to be seen again?
disclaimer: This is not an advice to buy the any coins, it's very likely you will lose all your money, I just want to have a better understanding about when to sell and if I might make a profit of it, scam or not.
