Topic: Are you going to buy into these high rising defi coins now? - page 6. (Read 1318 times)
No, I won't. I am already disappointed with such projects even though they are profitable, but in the future they will be rubbish if they just rely on this trend and not continue with serious development. I think a pretty good project you mentioned is DIA, because I see they are listed on a lot of the big exchanges.
I looked at it as a possible sea change, and being around since 2016, I've seen times when everything seemed overpriced and things just kept going up for about six months, time after time. I didn't invest much but it's fun to have a little part of the action.
I only bought a little, maybe this is just a trend that will end soon but maybe it will continue to grow. I will continue to monitor the progress of each defi project, but for now I only focus on the chainlink.
We should always focus on the project, which has huge potential because without research it is impossible for us to find out what are their internal developers. Now it is a trend for DeFi project, which most of the platforms are implementing their block chain in DeFi platform, this trend will continue for some years.
The last month I had another project and wasn't watching the space and it's only today I had time to really focus on it. I figured I would buy into these high rising projects a little today even though chances are they are at their ATH. Are you going to buy into these high rising defi coins now, such as UMA, Kusama, DIA, Ampleforth, Ren, Reserve Rights, and others? Which ones do you think will go higher?
Nope I'm Not,This is all new Hype currencies and i am afraid that this is not going to go longer since i have just learn about this recently when the Defi coins are growing already and for me it is safer to at least watch first if they are consistent or not.I think I will stick to bitcoin and all my currency on hold,it will not take long before the Bull comes again.
Not right now, as the coin I want to buy in right now has increased quite a bit (DIA). I am waiting for a good correction than probably join in, as it is one of few oracles in the market.
Wish you luck that it will have correction or continuously fell.Why not risk now or cry tomorrow?
for now I still do not know at all what will happen with Defi, whether it is worth considering or seeing its progress. we do not deny the fact that the impact is already visible that it is quite good. but I still cannot be given a credible confession. I better wait for further developments on this.
or not investing at all.
I believe that you need to risk a certain amount of your capital to invest in DeFi projects, since many investors are interested in these projects. My choice of Idena, despite the fact that this project is already showing 133% growth and I am confident that this trend of increasing prices will continue.
I bought DIA token a few days ago after a long time of observation in the crypto eco-system. I feel like this one is both an investment for the rising defi now and for the long term hold. Wait and see !
Not right now, as the coin I want to buy in right now has increased quite a bit (DIA). I am waiting for a good correction than probably join in, as it is one of few oracles in the market.
I only bought a little, maybe this is just a trend that will end soon but maybe it will continue to grow. I will continue to monitor the progress of each defi project, but for now I only focus on the chainlink.
I have some Link from before this hype, and that's enough for me. Now I will wait for the storm to pass and when prices drop I will buy some more, and I will look into other defi projects. Now I don't think it's a good time for buying, and I will keep some money for now, I expect big dump and some projects to be scams.
There is an interesting article about DeFi:https://www.worldcoinindex.com/news/ethereum-co-founder-vitalik-buterin-raises-concerns-on-the-latest-craze-around-yield-farming-in-the-defi-space
I only bought a little, maybe this is just a trend that will end soon but maybe it will continue to grow. I will continue to monitor the progress of each defi project, but for now I only focus on the chainlink.
I would suggest anyone (including you) not to invest on those DeFi projects just because the price is soaring. It is happening just because of the hype/excitement. There is a high chances, once the hype is over, we will be seeing the price dropping really bad and a lot of investors that got in late will be making huge loss.
You can see most of the dead shit projects are taking advantage of this DeFi hype. They are just adding defi to their project and they are dramatically reviving themselves lol. People are also falling for those shit projects sadly.
You can see most of the dead shit projects are taking advantage of this DeFi hype. They are just adding defi to their project and they are dramatically reviving themselves lol. People are also falling for those shit projects sadly.
To all those saying: do your research now and make sure before you invest it's a good team and good product etc: ask yourself this. How will you know their smart contracts are secure? Because you can't, unless you're a good developer, and if you are, then you're already working for one of them;)
ICO boom all over again. I'd watch out guys.
ICO boom all over again. I'd watch out guys.
for now I still do not know at all what will happen with Defi, whether it is worth considering or seeing its progress. we do not deny the fact that the impact is already visible that it is quite good. but I still cannot be given a credible confession. I better wait for further developments on this.
The last month I had another project and wasn't watching the space and it's only today I had time to really focus on it. I figured I would buy into these high rising projects a little today even though chances are they are at their ATH. Are you going to buy into these high rising defi coins now, such as UMA, Kusama, DIA, Ampleforth, Ren, Reserve Rights, and others? Which ones do you think will go higher?
Why need to those coins when Link(Chainlink) and Polkadot that making great growth since last mone?though i Did not Give more attention in this DeFi projects because i focused in Real Life since there are economic problems.
I am not interested in buying useless projects like a fool, even though I do get huge profits and don't care about their future projects, I am really not interested. It will only keep bad projects popping up and make the crypto world ugly
have some Good point why saying this?You have called these projects as Useless why does it comes?
@Yogee of course this is madness,,, yes I am happy crypto is up in a way, who is a holder who is not happy when prices are up? But when you see 4x of a token in 2 days for nothing but,,, an opportunity to lend and earn? That is pure pure madness:(
I've been watching CMC's top gainers recently and all I can say is......this is madness!
A token named sushiswap pumped from $3 to $12 in two days.
Right now, another DeFi token called DFI.Money (YFII) just did 100% up.
I don't know mate. I don't know what's going into the minds of these people locking up their money on these new projects. If you have a big size portfolio, maybe you can play a bit and profit from the hype.
Traders with smaller portfolio will have a hard time trading in the current situation of the market. Before, you can play with a few hundred bucks or 1 eth. Now, you save 1 eth just for paying gas in moving your tokens.
A token named sushiswap pumped from $3 to $12 in two days.
Right now, another DeFi token called DFI.Money (YFII) just did 100% up.
I don't know mate. I don't know what's going into the minds of these people locking up their money on these new projects. If you have a big size portfolio, maybe you can play a bit and profit from the hype.
Traders with smaller portfolio will have a hard time trading in the current situation of the market. Before, you can play with a few hundred bucks or 1 eth. Now, you save 1 eth just for paying gas in moving your tokens.
Its simple they want to keep up with the trend its not bad to invest in a new ideas that you think will give you profit . Most of the traders that follow this hype is a short time trader they will leave the tokens when they think is right time for them to leave with gain .
Capital will not be a problem for short time traders since they are only focus on gain that he can have buying that coins .
I've been watching CMC's top gainers recently and all I can say is......this is madness!
A token named sushiswap pumped from $3 to $12 in two days.
Right now, another DeFi token called DFI.Money (YFII) just did 100% up.
I don't know mate. I don't know what's going into the minds of these people locking up their money on these new projects. If you have a big size portfolio, maybe you can play a bit and profit from the hype.
Traders with smaller portfolio will have a hard time trading in the current situation of the market. Before, you can play with a few hundred bucks or 1 eth. Now, you save 1 eth just for paying gas in moving your tokens.
A token named sushiswap pumped from $3 to $12 in two days.
Right now, another DeFi token called DFI.Money (YFII) just did 100% up.
I don't know mate. I don't know what's going into the minds of these people locking up their money on these new projects. If you have a big size portfolio, maybe you can play a bit and profit from the hype.
Traders with smaller portfolio will have a hard time trading in the current situation of the market. Before, you can play with a few hundred bucks or 1 eth. Now, you save 1 eth just for paying gas in moving your tokens.
The last month I had another project and wasn't watching the space and it's only today I had time to really focus on it. I figured I would buy into these high rising projects a little today even though chances are they are at their ATH. Are you going to buy into these high rising defi coins now, such as UMA, Kusama, DIA, Ampleforth, Ren, Reserve Rights, and others? Which ones do you think will go higher?
On whatever coins, it's risky to ride the wave during the strong peak, especially for average traders.
But for let's say, I will put myself into the situation wherein I like to get involved at these high rising Defi tokens, I will wait first for a big correction even it will cost me a regrets if ever that won't happen and the price will continue to rise.
I'd rather being like that or late instead of buying at peak on a coin wherein the rise is a product of hype.
not gonna buy this current hype either. if you are a serious defi investor, just stick to the established defi like maybe chainlink. but still need to do your assessment risk here.
The last month I had another project and wasn't watching the space and it's only today I had time to really focus on it. I figured I would buy into these high rising projects a little today even though chances are they are at their ATH. Are you going to buy into these high rising defi coins now, such as UMA, Kusama, DIA, Ampleforth, Ren, Reserve Rights, and others? Which ones do you think will go higher?
On whatever coins, it's risky to ride the wave during the strong peak, especially for average traders.
But for let's say, I will put myself into the situation wherein I like to get involved at these high rising Defi tokens, I will wait first for a big correction even it will cost me a regrets if ever that won't happen and the price will continue to rise.
I'd rather being like that or late instead of buying at peak on a coin wherein the rise is a product of hype.
Nowadays the popularity of DeFi projects is increasing, so there is nothing wrong with us also investing in DeFi projects.
Although some DeFi projects have seen a high rise, and are at all time high prices. It is true that the risk is quite high.
If in the end we decide to buy some DeFi projects at current prices. Therefore, don't buy some DeFi projects in it large
quantities and buy gradually, this can minimize the risk.
Although some DeFi projects have seen a high rise, and are at all time high prices. It is true that the risk is quite high.
If in the end we decide to buy some DeFi projects at current prices. Therefore, don't buy some DeFi projects in it large
quantities and buy gradually, this can minimize the risk.
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