All Top 10 DeFi Tokens on coinmarketcap in Loss - page 2.

Fredomago

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Quote from: koang on September 24, 2020, 02:08:36 PM

I don't think that DeFi Tokens is dead but due to the current instability in the market,
investing in altcoins at the moment bears very high risk, wait until the market stabilizes.
You don't want to gamble with your money by investing in this bleeding altcoin market right now.
So take a break for now and not make any calls until you see the trend reverse.

It's very risky especially when you don't know if there's still reversal that may take place, there's chances that the project that you are participating or planning to participate after the hypes there's nothing else to expect but to continue experiencing downfall.

You need to have a better understanding so in case you buy and hold whatever happens you can continue
holding the coin while waiting for another bounce up.

jajorforce

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Quote from: Baimovic on September 24, 2020, 02:20:42 PM

Quote from: koang on September 24, 2020, 02:08:36 PM

I don't think that DeFi Tokens is dead but due to the current instability in the market,
investing in altcoins at the moment bears very high risk, wait until the market stabilizes.
You don't want to gamble with your money by investing in this bleeding altcoin market right now.
So take a break for now and not make any calls until you see the trend reverse.

if you are planning to invest then this is the green light for you to buy some coins whose prices are down. This is a golden opportunity to make a good profit when the market stabilizes again. but I don't recommend about DEFI coins, my advice is only the top altcoins.

Top coins are good for a big investment. Top coins are always positive for only 5, 10 or 30 percent in several months. In the short term, we can earn profits from some altcoins. I can predict that May 2021 another bear market we could see, we could wait for the last opportunity or we can take these opportunities. The big opportunity is that Bitcoin halving is over this year.

koang

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Quote from: Baimovic on September 24, 2020, 02:20:42 PM

Quote from: koang on September 24, 2020, 02:08:36 PM

I don't think that DeFi Tokens is dead but due to the current instability in the market,
investing in altcoins at the moment bears very high risk, wait until the market stabilizes.
You don't want to gamble with your money by investing in this bleeding altcoin market right now.
So take a break for now and not make any calls until you see the trend reverse.

if you are planning to invest then this is the green light for you to buy some coins whose prices are down. This is a golden opportunity to make a good profit when the market stabilizes again. but I don't recommend about DEFI coins, my advice is only the top altcoins.

As I said, investing in altcoins at the moment bears a very high risk
Altcoins are not my priority at this point.
If I want to buy crypto, I would only buy Bitcoin
Either way, thanks for your advice

Baimovic

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Quote from: koang on September 24, 2020, 02:08:36 PM

I don't think that DeFi Tokens is dead but due to the current instability in the market,
investing in altcoins at the moment bears very high risk, wait until the market stabilizes.
You don't want to gamble with your money by investing in this bleeding altcoin market right now.
So take a break for now and not make any calls until you see the trend reverse.

if you are planning to invest then this is the green light for you to buy some coins whose prices are down. This is a golden opportunity to make a good profit when the market stabilizes again. but I don't recommend about DEFI coins, my advice is only the top altcoins.

koang

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Activity: 2422

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Vave.com - Crypto Casino

I don't think that DeFi Tokens is dead but due to the current instability in the market,
investing in altcoins at the moment bears very high risk, wait until the market stabilizes.
You don't want to gamble with your money by investing in this bleeding altcoin market right now.
So take a break for now and not make any calls until you see the trend reverse.

bonjouros

jr. member

Activity: 307

Merit: 1

Even as of this moment, there is a green movement but the prices are still very far from your post. At the time of your post, Chainlink is at 15$ but right now it is currently sitting at 10$ which is 5$ low from the day you have posted this thread even if Chainlink is gaining a 2.82% change last 24 hours.

Most of the Defi tokens graph are pointing downward, though it can surely recover if the market will start to move upward again or the defi hype will continue to grow again.

wywoc

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Does anyone feel Farming is another scheme of Ponzi? I don't know where they get the profits to pay farmers, and the only way to farming is to buy and keep 1 coin, then get paid another coin to sell for money, it will die when it doesn't attract more. new entrants.

abel1337

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Quote from: codpku on September 20, 2020, 01:13:38 AM

No need to panic seeing the price of DeFi tokens experiencing falling down, its natural if you see the price of King Coin Bitcoin which
has fallen really deep. Since all altcoins are bound to be affected by this drop in Bitcoin price, this the right time to buy
DeFi tokens. Because the current price correction will not last long, don't miss the opportunity to buy DeFi tokens at low prices so when the price go up its time to say winner winner chicken dinner

I'm not really sure if the DeFi tokens your pertaining too will bounce back to its the price. If the a certain token falls, It's not always the case that you need to buy one and assume that it will bounceback, Remember that DeFi token prices are going up really fast and the correction price of it is expected. But as of now DeFi tokens are at it's prime, You can easily gain some profit on trading or investing on it. Just make some good decisions about picking one.

jambul_kribo

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Quote from: iged_war on September 20, 2020, 04:04:07 AM

Quote from: landoffaucets on September 20, 2020, 03:48:43 AM

10-20% correction is nothing when you compare it with 1000x what almost all of these tokens did in the past few months. Is Bitcoin dead when it comes back to 10k USD level? Probably not because it has grown from 0.01USD. Cheesy

i think its too over reactive if 20% correction mentioned as died. its not only defi project that have negative gain in crypto market, almost all coin even top 10 do the same thing too. i am agree with your opinion , we should not worry and if look price histroy we still see extreme growth in most of cryptocurrency.

in this condition we should over panic while see crypto price drop 10 to 20%. price will not always grow up or always down. correction must happen to make accumulation phase. some trader sell their position to take lower price again and accumulate stock. look at chart will clearly explain to us about this history.

iged_war

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Quote from: landoffaucets on September 20, 2020, 03:48:43 AM

10-20% correction is nothing when you compare it with 1000x what almost all of these tokens did in the past few months. Is Bitcoin dead when it comes back to 10k USD level? Probably not because it has grown from 0.01USD. Cheesy

i think its too over reactive if 20% correction mentioned as died. its not only defi project that have negative gain in crypto market, almost all coin even top 10 do the same thing too. i am agree with your opinion , we should not worry and if look price histroy we still see extreme growth in most of cryptocurrency.

landoffaucets

hero member

Activity: 1204

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Quote from: ImThour on September 02, 2020, 09:34:37 AM

Top 10 DeFi Tokens by Market Capitalization on coinmarketcap are in Negative/Loss 20 Hours change.
What do you guys think, time to invest or it's finally dead?

10-20% correction is nothing when you compare it with 1000x what almost all of these tokens did in the past few months. Is Bitcoin dead when it comes back to 10k USD level? Probably not because it has grown from 0.01USD. Cheesy

codpku

member

Activity: 336

Merit: 10

No need to panic seeing the price of DeFi tokens experiencing falling down, its natural if you see the price of King Coin Bitcoin which
has fallen really deep. Since all altcoins are bound to be affected by this drop in Bitcoin price, this the right time to buy
DeFi tokens. Because the current price correction will not last long, don't miss the opportunity to buy DeFi tokens at low prices so when the price go up its time to say winner winner chicken dinner

Silberman

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Quote from: gazilla on September 14, 2020, 08:55:43 AM

I do not think that DeFi is dead, however I do think that not all DeFi coins are as they make it to be, as some of these DeFi have ridicilous projects. Some DeFi exchanges on the other hand are very good.

It will very unfair to generalize since there are some DeFi projects that are good and could have potential over the long term but the thing is that number is very reduced if compared against the number of DeFi projects in the market right now, this is what it is generating scepticism among investors and I cannot blame them because as we know you only need to make a single mistake in this market to lose all your money and even your identity, which leads me to believe that most likely DeFi projects will suffer the same fate that icos suffered and eventually no one will invest in those projects.

Fredomago

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Quote from: rahmatullah9305 on September 14, 2020, 08:53:43 AM

Quote from: Mart1ncrypto on September 14, 2020, 07:57:13 AM

This is to be expected. They inflated these defi-projects from scratch. It turned out something like a soap bubble.

Let them make improvements to the DeFi project as long as you can always be vigilant and make research on each project so you don't get caught up in a fake project, because many scammers take advantage of the current conditions in the DeFi project.

Precisely. Do your research and invest with your knowledge taking the risk of participating to this kind of projects
needs a deeper understanding. Without any knowledge your investment may end to totally busted, as lots of DeFi
supporters are fat whales who controlled the trends, they can quickly burned your money when they decide to dumped
each coins that they've hold. be wise in observing the flow before taking your side.

Silberman

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Quote from: Sirait on September 10, 2020, 07:12:37 PM

currently, some DeFi coins have grown by a few percent in the last 24 hours based on Coinmarketcap / DeFi.

the phenomenon of a market correction is a natural thing and in one year it will definitely occur several times. I see the price decline a few days ago is just a market correction and have no other reason.

*I hope we always think positively and remember to only sell when it's profitable, don't be a panic seller

I think this is interesting as of how different people will interpret the same event in different manners, personally I do not think this is a correction at all, to me it is clear that what we are seeing is an important shift in the opinion of investors about DeFi projects, just a few months ago as long as you said your project was a DeFi project it was more than enough to get a lot of money for your project but now people are becoming sceptic of the market as scams keep appearing every single day and they are losing their trust in those projects.

gazilla

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I do not think that DeFi is dead, however I do think that not all DeFi coins are as they make it to be, as some of these DeFi have ridicilous projects. Some DeFi exchanges on the other hand are very good.

rahmatullah9305

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Quote from: Mart1ncrypto on September 14, 2020, 07:57:13 AM

This is to be expected. They inflated these defi-projects from scratch. It turned out something like a soap bubble.

Let them make improvements to the DeFi project as long as you can always be vigilant and make research on each project so you don't get caught up in a fake project, because many scammers take advantage of the current conditions in the DeFi project.

Mart1ncrypto

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This is to be expected. They inflated these defi-projects from scratch. It turned out something like a soap bubble.

Bossfidelity

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Despite the fact that the value of most Defi projects seems to be on the decline, its more an act of price correction than the project dieing. I've held some of those projects for several years and I can say that they're here for long term, especially the LEND token. It's unwise to be scared of market fluctuations when volatility is a feature of cryptocurrency.

makishart

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Quote from: southerngentuk on September 11, 2020, 01:39:25 AM

It is just a little correction, You can't expect something goes up 24/7 if you expect that you are in a wrong place and better go to gambling,

Basically it's not a correction consider about the crap coins have been going to the hell since this correction was happening before. People think gambling in the crypto or a new defi coins are less risky compared with gambling with your money in the platform. Some coins can go up in a few days gradually.

In this case, when a project has a quality and it will never be dumped to the bottom again. that's it.

Topic: All Top 10 DeFi Tokens on coinmarketcap in Loss - page 2. (Read 1053 times)