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Topic: Are you going to buy into these high rising defi coins now? - page 2. (Read 1318 times)

full member
Activity: 560
Merit: 217
Im not buying another defi now, i invested in new project small schunk of my saving. I like new project because it has good return and also good risk. DeFi project looked not good in these three month, many of themnjust scam like ponzi. Yiels this yield that all just the same concept which is ponzi
legendary
Activity: 3122
Merit: 1140
no, I will not buy high-rising Defi coins, the increase in Defi tokens is just hype, a
nd the hype will cause disaster, yes that disaster is a Dump, it's better not to buy it,
but if you participate in the Defi system it's okay.
When we do talk about hype ATH's then it can be seen wayback in previous months but now majority of them had corrected and some had already died along the way.

Asking out if its worth to buy these DeFi project/tokens? I wont really be suggesting that if you dont know on what you are doing.

Dont let yourself caught with the current hype or talks in this market because you would really be caught out by holding shit coins in the end but of course
there would be always some exclusions since there are still worthy projects for you to invest on.
full member
Activity: 1260
Merit: 103
The OGz Club
no, I will not buy high-rising Defi coins, the increase in Defi tokens is just hype, a
nd the hype will cause disaster, yes that disaster is a Dump, it's better not to buy it,
but if you participate in the Defi system it's okay.
sr. member
Activity: 1190
Merit: 250
Buzz App - Spin wheel, farm rewards
Although all of them has good potential cause those are already listed on big exchange like binance, kucoin.but don't have any plan to buy as i got disappointed after seeing those defi tokens fall down around 65-70% from all time high. Especially I was looking about dia, but i shocked seeing the drop from $5 to around at $1 within 2/3 days. So I'm not interested to buy those high rising tokens, maybe after next bearish
for the first increment will usually dump immediately. My advice is to wait for the second correction to be able to see the potential of the token, because if the second correction can be passed it will be easier to survive in any situation and get better.
newbie
Activity: 8
Merit: 0
I consider Defi market to profoundly controlled which is the motivation behind why I never put resources into any and I will prompt individuals that as of now put resources into it to be perceptive. It says their task is in beta so why this uproar on this undertaking. I accept there is a gathering controlling the cost in the market so one should be cautious in bouncing on this one.

pm me, I want my account back. Thanks!
full member
Activity: 1008
Merit: 101
I refrain from buying defi tokens because it's just hype, I don't want to lose any more money so I keep buying top altcoins
sr. member
Activity: 2226
Merit: 347
I consider Defi market to profoundly controlled which is the motivation behind why I never put resources into any and I will prompt individuals that as of now put resources into it to be perceptive. It says their task is in beta so why this uproar on this undertaking. I accept there is a gathering controlling the cost in the market so one should be cautious in bouncing on this one.
Just like into those days where ICO projects is flying out with colors until the market had been flooded out by shit tokens or projects and this is no different on the
current market of DeFi know.Yes, it did make some significant noise and recognition but this isnt different on what we have seen on that ICO situation.
For the question if i would gonna buy into this projects then i do already have the doubt but for those who do took risk on some projects when its still on
early phase did really make out some serious cash when it hyped up.I cant just take to take such step specially i dont have much money to invest
on.So every decision will be made will be having a corresponding analysis.
sr. member
Activity: 1008
Merit: 250
I consider Defi market to profoundly controlled which is the motivation behind why I never put resources into any and I will prompt individuals that as of now put resources into it to be perceptive. It says their task is in beta so why this uproar on this undertaking. I accept there is a gathering controlling the cost in the market so one should be cautious in bouncing on this one.
sr. member
Activity: 1666
Merit: 276
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One in ten project has got its unique value, whereas the majority is copycat. Almost every DEFI project has got the similar name. Just because yearn finance got success, every DEFI project needs to be the same. Hundreds of projects relating the name can be seen on coinmarketcap. Right now the market is good for the traders, particularly the focus needs to be over the top altcoin pairs.
jr. member
Activity: 153
Merit: 1
i'm not sure about investing in defi on hype - i think much more profitable will be check the defi project and invest into credible dex with nice returns and effecient financial models
yeah, i'm also try to invest into dex projects. and btw, i'm researching now an interesting stablecoin dex project - xsigma, based on Curve, looks credible and technically simple - maybe you heard smth about them ?
read an announce about this exchange. really interesting, i'll check it in details and will share my opinion
legendary
Activity: 1197
Merit: 1001
Did you notice any good DeFi projects in the past month?  I want to increase my 'passive' earnings.

Most are copycats and I will not give my money there.
hero member
Activity: 2128
Merit: 520
it is like gambling. you an earn 100x or ypuc can lose all your money in 1 week in defi coins.
there are only %5 of my portfolio is defi coins. there are 6 or 7 coin my wallet now. i am selling them when i see 2x. and buy new one

You must prepare yourself as chances that being busted if the project won't perform
well after being available inside exchange, there are lots of coins / defi project that
are now losing value, if you don't play chances of being trapped is very high, needs to
educate yourself very well before taking any investment.
jr. member
Activity: 345
Merit: 1
i'm not sure about investing in defi on hype - i think much more profitable will be check the defi project and invest into credible dex with nice returns and effecient financial models
yeah, i'm also try to invest into dex projects. and btw, i'm researching now an interesting stablecoin dex project - xsigma, based on Curve, looks credible and technically simple - maybe you heard smth about them ?
member
Activity: 1036
Merit: 18
it is like gambling. you an earn 100x or ypuc can lose all your money in 1 week in defi coins.
there are only %5 of my portfolio is defi coins. there are 6 or 7 coin my wallet now. i am selling them when i see 2x. and buy new one
jr. member
Activity: 153
Merit: 1
i'm not sure about investing in defi on hype - i think much more profitable will be check the defi project and invest into credible dex with nice returns and effecient financial models
full member
Activity: 826
Merit: 103
Although all of them has good potential cause those are already listed on big exchange like binance, kucoin.but don't have any plan to buy as i got disappointed after seeing those defi tokens fall down around 65-70% from all time high. Especially I was looking about dia, but i shocked seeing the drop from $5 to around at $1 within 2/3 days. So I'm not interested to buy those high rising tokens, maybe after next bearish

When a token drops from $5 to around at $1 within a few days, that tells us it was mostly just hot air. As we all know hot air cools down and that will leave you holding the bag. If a token is being pumped and it has no real world use case, then it will tank for sure. Dont be the one holding the bag.
sr. member
Activity: 1115
Merit: 253
DGbet.fun - Crypto Sportsbook
Although all of them has good potential cause those are already listed on big exchange like binance, kucoin.but don't have any plan to buy as i got disappointed after seeing those defi tokens fall down around 65-70% from all time high. Especially I was looking about dia, but i shocked seeing the drop from $5 to around at $1 within 2/3 days. So I'm not interested to buy those high rising tokens, maybe after next bearish
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I'm sure no one will know when DeFi tokens will go up to all time high again, that's why investing in crypto has a high risk.
Of course I also want to feel the hype that's going on at DeFi tokens, then I will invest in some DeFi tokens. Like DIA, COMP,
LEND and LINK. Because I still believe the DeFi trend will continue until next year.
It does not really work like that, bubbles by definition last a short time and this is because people in their desire to make money blind themselves to the truth they have in front of them, they are not interested in investing in the long term on those projects, what they want are fast profits and most of the time they invest at the top of the bubble thinking that it will keep growing and when that is not the case and those that have obtained the most profits begin to get out of the market then they panic and some sell immediately losing some money and others refuse to acknowledge the market has changed and lose a lot more in the process.
full member
Activity: 714
Merit: 104
First things first, I don’t just simply jump in without doing my own research (DMOR). Just like ICOs, I deep check their website, team, whitepaper, utility, partners, social media channels, office address, etc., before deciding to buy in these rising DeFi coins or tokens. And also, we should be strongly equipped with risk management where our emotions are strong and less disappointment in case something goes wrong.

However, most of the cryptocurrency investors right now choose to ignore all of the research and decides to buy some DeFi coins or tokens without knowing the integrity and credibility of the project. Been there, done that and I have learned my lesson.

It’ll be all worth investing into these high rising DeFi if all of these things I’ve researched about them are gonna make me satisfied in the end.
Undeniably personal research yields appropriate results. At least if you invest in the project about which you have studied all the information, then you will be able to sleep peacefully and you will have higher confidence in the prospects of your investment. But apparently the information about the popularity of DeFi projects is exaggerated on purpose so that people thoughtlessly invest their money in these projects.
hero member
Activity: 2282
Merit: 659
Looking for gigs
First things first, I don’t just simply jump in without doing my own research (DMOR). Just like ICOs, I deep check their website, team, whitepaper, utility, partners, social media channels, office address, etc., before deciding to buy in these rising DeFi coins or tokens. And also, we should be strongly equipped with risk management where our emotions are strong and less disappointment in case something goes wrong.

However, most of the cryptocurrency investors right now choose to ignore all of the research and decides to buy some DeFi coins or tokens without knowing the integrity and credibility of the project. Been there, done that and I have learned my lesson.

It’ll be all worth investing into these high rising DeFi if all of these things I’ve researched about them are gonna make me satisfied in the end.
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