Launchpool vs Launchpad: The two angles of the crypto game you should know about

Wow, what a complicated world the crypto one is! I have been trying out these two systems in the market and I have quite a bit to share. Launchpool and Launchpad are two strategies to get into new projects, but they work in very different ways. I'm sharing this from my personal experience.

Launchpad: The game for the brave with quick money

Look, the Launchpad is basically for those of us who like adrenaline. It allows you to buy brand new tokens at bargain prices, before they hit the general market.

What I love:

• Buy cheap before the crowd
• Potential to quickly multiply your investment
• It's exciting, like betting but with more analysis

What pisses me off:

• Many projects end up being garbage, let's be honest.
• The competition is fierce to get into the good ones
• The risk is as high as a building

I confess that I have lost money in some projects that seemed promising and turned out to be smoke. These exchanges should filter better, but in the end, the risk is ours.

Launchpool: For those of us who prefer to sleep soundly

The Launchpool is my choice when I don't want any headaches. You simply lock up your existing coins and receive new tokens as a reward.

Why I like:

• I don't need to spend more money, I use what I already have
• I can withdraw whenever I want if the landscape changes
• Gains are more predictable, fewer surprises

The inconveniences:

• The profits are more modest, nothing about getting rich.
• Sometimes the projects that are offered are not that great either.
• Patience is needed, no strong emotions.

I have used this when the market is unstable and I want to keep earning something without risking more.

Which one to choose? My sincere opinion

If you are like me, sometimes wanting security and sometimes risk, use both according to the moment:

• For daring days: Launchpad - bet big on projects that you really research
• For conservative times: Launchpool - make your capital work without big emotions

The biggest mistake I made was investing too much in Launchpad without doing proper research. Some of these projects are pure marketing with mediocre developers behind them.

The worst part is that these exchanges glorify these systems without clearly warning about the risks. Everyone talks about the gains, few about the losses.

In the end, these are mechanisms to attract liquidity to the platforms. Don't fool yourself into thinking that they are primarily designed to benefit you. They are made to generate fees and movement.

Try both, but always with money you can afford to lose. And never, ever believe everything that the whitepapers of these projects promise. Half of them are castles in the air.