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InSure Defi - $SURE

It is a "defi crypto insurance". You just have to hold the coins in your wallet and you will be insured in case of loss of funds. They cover scams, massive devaluation, and glitches. I like the idea, in theory. I had never seen a coin like this before investing. Since investing I have seen a few other defi insurance coins. It looks like only about 700 people hold the coin. I can't tell if I'm early, or stupid. There is about a 100mil market cap. They have small engagement online, but in dealing with the employees they seem genuine, and the partnerships they have announced are in fact real, like the recent partnership with Chainlink-$LINK. I started to provide liquidity to benefit from their rewards system, but after like 4 only days of providing liquidity, the price changes have resulted in me losing like 10% of my holdings. So I withdrew my funds. Idk, it all looks legit, but it feels like their is something weird going on that I can't quite put my finger on. Any help or thoughts would be appreciated. Thanks yals

TL/DR: Is InSure Defi - $SURE a shit coin and did I waste my money by purchasing it?

Their website:

https://insuretoken.net/index.html

InSure Defi - $SURE It is a "defi crypto insurance". You just have to hold the coins in your wallet and you will be insured in case of loss of funds. They cover scams, massive devaluation, and glitches. I like the idea, in theory. I had never seen a coin like this before investing. Since investing I have seen a few other defi insurance coins. It looks like only about 700 people hold the coin. I can't tell if I'm early, or stupid. There is about a 100mil market cap. They have small engagement online, but in dealing with the employees they seem genuine, and the partnerships they have announced are in fact real, like the recent partnership with Chainlink-$LINK. I started to provide liquidity to benefit from their rewards system, but after like 4 only days of providing liquidity, the price changes have resulted in me losing like 10% of my holdings. So I withdrew my funds. Idk, it all looks legit, but it feels like their is something weird going on that I can't quite put my finger on. Any help or thoughts would be appreciated. Thanks yals TL/DR: Is InSure Defi - $SURE a shit coin and did I waste my money by purchasing it? Their website: https://insuretoken.net/index.html

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[–] • 0 pt

I would not give them money. I browsed the white paper, 10-15 minutes on the site. Biggest red flag for me is only 700 people holding the coin. The main value in cryptos is derived from Metcalfes law. The only "sure" thing about it is that it would be a speculative play. If you are feeling FOMO there are better plays. ETH is ripping higher right now but if you just want to buy and HODL go for something good like monero SURE kinda creeps me out, if you read the white paper it is total ass covering and the language on the sales side was creepy af

Disclaimer:I am retarded

[–] • 1 pt (edited )

I agree. I also have ETH. I'm just really curious about this one. They have fucked up language in a lot of spots. I feel like it could be because of a language barrier but idk for sure. And it looks like they should change their name to UnSure.... hehehe....... sorry.....

Edit: also the 700 holders is up from 600 from last week. Idk if that matters.