Monday, October 11

Illuvium - Why NOT to Invest- 8 reasons NOT to invest in Illuvium

 

What is Illuvium Crypto?

Illuvium is a decentralized, NFT collection and auto battler game built on the Ethereum network. Integrated with Immutable-X L2 solution, players of Illuvium can mint or exchange of assets as well as transact, all with user maintained custody.


Is Illuvium Ready to Play?

Illuvium Release Date. Illuvium will release as an Open Beta in Q1 2022 after previously being slated for a December 2021 launch. The full release of Illuvium was previously expected for Q4 2021, although with this delay to the Open Beta, the date will be pushed back to 2022.


8 Reasons NOT to Invest in Illuvium


The internet is full of hype for crypto projects, especially those with potential as Illuvium.  Make sure you're informed of the risks and assess the pros and cons before investing.

Make sure people put effort into understanding projects before they invest. It's too easy to get excited. I encourage thinking and understanding.  


Here's my 8 reasons why NOT to invest:

TIMESTAMPS

0:00 Introduction

0:58 Unproven Team

1:50 Crowded P2E Space

2:23 Missed NFT Peak

2:57 REGULATION!

3:47 Rug Pull

4:23 You can't Karen DeFi

4:57 Aggressive Unlock Timing

5:39 Missed the gains!

6:02 Conclusions


DISCLAIMER: This is for educational purposes only and not financial advice.  Please consider all risks and costs before participating in any investment opportunity.   this content for educational and entertainment purposes only.

(Source: ILVFi Youtube)

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