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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Topic started by: AMEBOIBADAN on December 20, 2024, 12:48:59 PM

Title: Should I Lock My TOMA on Launchpool?
Post by: AMEBOIBADAN on December 20, 2024, 12:48:59 PM
Hey guys, how's your preparation for the Christmas festival going? I recently participated in the Toma airdrop and was lucky to receive a huge allocation since I started early. Although the official price is set to be listed today, I'm considering locking my TOMA on Launchpool to get more, so either way, I'll benefit in the future.
Do you think it's a good idea, and should I go ahead?
Title: Re: Should I Lock My TOMA on Launchpool?
Post by: JISAN on December 20, 2024, 10:18:29 PM
Hey guys, how's your preparation for the Christmas festival going? I recently participated in the Toma airdrop and was lucky to receive a huge allocation since I started early. Although the official price is set to be listed today, I'm considering locking my TOMA on Launchpool to get more, so either way, I'll benefit in the future.
Do you think it's a good idea, and should I go ahead?
Airdrops of Telegram mini app are coming in lots and most of them are Airdrop scams and their prices go down after listing so it is better to sell them early.  If you get tokens for free then sell them as soon as possible as soon as they are listed and you will get a good price and if you hold or staking hoping for a higher price or getting a bonus then you have to sell the tokens at a lower price later.  So I don't like staking for these tokens.
Title: Re: Should I Lock My TOMA on Launchpool?
Post by: AMEBOIBADAN on December 21, 2024, 08:02:52 AM
Hey guys, how's your preparation for the Christmas festival going? I recently participated in the Toma airdrop and was lucky to receive a huge allocation since I started early. Although the official price is set to be listed today, I'm considering locking my TOMA on Launchpool to get more, so either way, I'll benefit in the future.
Do you think it's a good idea, and should I go ahead?
Airdrops of Telegram mini app are coming in lots and most of them are Airdrop scams and their prices go down after listing so it is better to sell them early.  If you get tokens for free then sell them as soon as possible as soon as they are listed and you will get a good price and if you hold or staking hoping for a higher price or getting a bonus then you have to sell the tokens at a lower price later.  So I don't like staking for these tokens.
Have you ever had any experience of staking before that made you come into this conclusion?
Title: Re: Should I Lock My TOMA on Launchpool?
Post by: Crypt Prof on December 22, 2024, 03:58:20 PM
Hey guys, how's your preparation for the Christmas festival going? I recently participated in the Toma airdrop and was lucky to receive a huge allocation since I started early. Although the official price is set to be listed today, I'm considering locking my TOMA on Launchpool to get more, so either way, I'll benefit in the future.
Do you think it's a good idea, and should I go ahead?
It's not a bad idea but the problem is how volatile Ton tokens get after listing. Still, if the APR being offered is a good amount and the locking time is of a good duration like the one I saw on Bit get then there's no reason not to go for it. Check out the terms and conditions before you lock as well, I can't emphasise that enough.