This is a break through year for DeFi! man I would highly recommend you to watch PeakDefi content on that point. They educate really well, btw their PEAK will be listed on OKex and Bsc staking next week, lets get back to defi perspectives this year, I'm sure there will be huge opportunity for everyone in defi area. Some big projects already giving us a sign, so many new ones too, but be careful there's lotta scam out there.
I chose PeakDeFi to start with and I think I'll buy more of their Peak before listings and staking cuz it will pump after that for sure.
Do your research, always check all social media and reviews.
https://peakdefi.com/
https://coinmarketcap.com/ru/currencies/peakdefi/
Topic: ask about DeFi this year (Read 729 times)
Fomo is over for now, so I suggest you buy coins that are experiencing a pretty good increase or are moving quite up like bitcoin and some altcoins below it. investing in new projects is also still good, such as the graph that is listed in the new finance portfolio and has experienced nearly 20x Roi.
i also invest in defi but mostly prefer to invest into credible dex project with understood and transparent financial model
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 ?
2020 was incredible for defi projects and I think that 2021 will also be very good for defi projects, so this year I have invested in many defi projects and I'm waiting for 2021 to get profit, but be sure to invest very carefully in defi projects, because most defi projects are scam.
i also invest in defi but mostly prefer to invest into credible dex project with understood and transparent financial model
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 ?
i also invest in defi but mostly prefer to invest into credible dex project with understood and transparent financial model
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit? 
another one is DeFi becoming a promising business in the future?
another one is DeFi becoming a promising business in the future?
You should be careful of Defi hype because most projects will soon showcase their true nature which is lack of use case and this will be done after the hype has come down. However, it doesn't dispute the fact there are good Defi projects but scammers likes it when there is too much hype as they can easily bring in theirs and people won't pay much attention because they have channelled their attention on hype rather than use case. So in essence, study the Defi project you want to invest in and make sure that behind the hype there is actually a use case , a good idea and/or working products.
the deFI project is currently doing well, but we need to try to analyze the project. because there is an issue if there is a DeFI project that is a scam and the scammer deliberately imitates the DeFI project to make a profit. so we have to be really vigilant and careful
I think that the capitalization of DEFI projects will not exceed $ 10 billion this year. So far, Bitcoin is most important to me.
that is one of the most valuable advices you can get here op
stop looking at charts and predictions, announces and twitter accounts
look at real demand of the project, real usage cases and etc
currency will only work if people use it
Yes, in everything we have to see is a real use case, because with a real use case, we can also see improvements through graphs and not just predicting, because predictions are just a guess of someone who could miss what he predict. stop looking at charts and predictions, announces and twitter accounts
look at real demand of the project, real usage cases and etc
currency will only work if people use it
You should remember about investing in DEFI based on its use-case and the demand that has already gotten. Did you see compound or oikos? You should not invest in any defi but just invest in DEFI that has a very huge potential and big community.
This is no an investment advice but I'm interested in this defi https://icodrops.com/meter/
that is one of the most valuable advices you can get here opThis is no an investment advice but I'm interested in this defi https://icodrops.com/meter/
stop looking at charts and predictions, announces and twitter accounts
look at real demand of the project, real usage cases and etc
currency will only work if people use it
Most of the DeFi (specially tether) is running on Ethereum network, which currently has a network utilization of 95%. Already this is causing higher fees on the Ethereum network,
any further network utilization will grind the Euthereum network to a halt, making transaction confirmations take longer and making the fees (gas) a lot higher. This has actually
happened once before with Ethereum in 2018, through one of their Dapps called cryptokitties --> https://qz.com/1145833/cryptokitties-is-causing-ethereum-network-congestion/
Upscale plans in the form of sharding solutions are still years away, which means it will not save Ethereum network from getting over utilized in the short term.
ETH 2.0 phase 0 that is planned for later this year will just focus on setting up a PoS chain and setting up validators, it will not address upscaling which is planned for phase 1 and 2.
Link : https://decrypt.co/36263/defi-ethereum-transaction-fees
The simple truth is that Ethereum was not setup from the start to function as a decentralized transaction provider, it was setup to function as a decentralized smart contract / Dapp provider.
This is now giving massive problems with regards to transaction upscaling and will most likely end up with investors and traders looking for alternative networks that have
more efficient transaction-processing capabilities and upscaling solutions already in place.
any further network utilization will grind the Euthereum network to a halt, making transaction confirmations take longer and making the fees (gas) a lot higher. This has actually
happened once before with Ethereum in 2018, through one of their Dapps called cryptokitties --> https://qz.com/1145833/cryptokitties-is-causing-ethereum-network-congestion/
Upscale plans in the form of sharding solutions are still years away, which means it will not save Ethereum network from getting over utilized in the short term.
ETH 2.0 phase 0 that is planned for later this year will just focus on setting up a PoS chain and setting up validators, it will not address upscaling which is planned for phase 1 and 2.
Link : https://decrypt.co/36263/defi-ethereum-transaction-fees
The simple truth is that Ethereum was not setup from the start to function as a decentralized transaction provider, it was setup to function as a decentralized smart contract / Dapp provider.
This is now giving massive problems with regards to transaction upscaling and will most likely end up with investors and traders looking for alternative networks that have
more efficient transaction-processing capabilities and upscaling solutions already in place.
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
With the way I'm seeing the combination between DeFi and stable coins in terms of the news surrounding them I think this year belongs to DeFi projects, almost all old DeFi projects have woken up from their sleeps, adding more value to their tokens, investors have finally realized DeFi potential, make sure you do research though another one is DeFi becoming a promising business in the future?
i had the same question for DEFI this year, and thank you guys for lots of advices
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
I can actually give you a clue about DeFi projects you need to stay the hell away from, be more careful around new DeFi projects because the hype will definitely attract scammers to this DeFi use case, DeFi projects have been around for a while, it's better to choose the old DeFi projectsanother one is DeFi becoming a promising business in the future?
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
I can actually give you a clue about DeFi projects you need to stay the hell away from, be more careful around new DeFi projects because the hype will definitely attract scammers to this DeFi use case, DeFi projects have been around for a while, it's better to choose the old DeFi projects another one is DeFi becoming a promising business in the future?
This not first time DeFi is been hyped as its booming in the market right now. Remember mining coins did the same thing but gradually fades away, now dumped in exchange without any good backup. So when investing in DeFi projects, not all would be good, some already dumped in market. So be careful with the one you choose to invest in and do a proper research before investing into it.
That's the whole point, knowing which to invest in. But one can also say since DeFi is just a new development the possibilities of dumping soon is ruled out. So the earlier the better. Early bird, they say...
I am quite surprised by the growing popularity of DeFi right now, many newbies are suddenly interested in investing in DeFi projects.
No wonder like Compound and Oikos suddenly pump, because there is hype. And this is very risky with investing in projects like that.
Do not be too quick in making a decision to invest in DeFi projects, learn more about DeFi projects. If you really understand just
taking a stand, I don't want newbies investing blindly.
No wonder like Compound and Oikos suddenly pump, because there is hype. And this is very risky with investing in projects like that.
Do not be too quick in making a decision to invest in DeFi projects, learn more about DeFi projects. If you really understand just
taking a stand, I don't want newbies investing blindly.
be careful with projects like that. Scammers are everywhere. we will only believe in projects with clear exchanges with the support of other large platforms. don't even think those who are new with small exchanges can get full market support.
Yes, now scammers are very good at polishing a project to be used as new bait to everyone, especially investors who often invest in crypto, if they are not careful and always in a hurry in making decisions, then they will always be victim of a scammer.
Actually, Defi projects are really doing well this year, it wont be a bad idea investing in it Since we all know that scammers are everywhere o, you just need to be vigilant and make sure you invest in the real Defi project. But i think you need to learning about crypto world in general since you are new to cryto world you cant just start from the investing aspect make sure you learn the basics of crypto.
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
We don't know what the future will be like, another one is DeFi becoming a promising business in the future?
but 2020 is a year for the DEFI project to flourish, invest some of your money, not all your money
This not first time DeFi is been hyped as its booming in the market right now. Remember mining coins did the same thing but gradually fades away, now dumped in exchange without any good backup. So when investing in DeFi projects, not all would be good, some already dumped in market. So be careful with the one you choose to invest in and do a proper research before investing into it.
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
Basically these hypes will be here only for short term so it is your own choice to invest on decentralized Finance aka DeFi projects.Maybe this has got some potential but if we are already reached the hype so any time this will get hard hit.another one is DeFi becoming a promising business in the future?
First of all we need to have decentralized payment system which itself is in the infant stage of adoption.
be careful with projects like that. Scammers are everywhere. we will only believe in projects with clear exchanges with the support of other large platforms. don't even think those who are new with small exchanges can get full market support.
Yes, now scammers are very good at polishing a project to be used as new bait to everyone, especially investors who often invest in crypto, if they are not careful and always in a hurry in making decisions, then they will always be victim of a scammer.
There are many good DeFi projects right now, you can follow and invest in them if you want. But be careful because there are also many scam projects, if you are not careful, you will lose money with it.
Not all are real defi projects some are just using the idea to get investors. Technically defi is broad and once you read a platform saying they are decentralized finance but totally indicated only it as description then maybe you are not investing on the right project. Overall contributions of defi rapidly increased not just by development but also in terms of financial contribution. ICOs seems to be returning in the form defi, and many of those dead projects before are trying to tie it up with defi just to get a chance for the hype it brings.
be careful with projects like that. Scammers are everywhere. we will only believe in projects with clear exchanges with the support of other large platforms. don't even think those who are new with small exchanges can get full market support.
Yes, now scammers are very good at polishing a project to be used as new bait to everyone, especially investors who often invest in crypto, if they are not careful and always in a hurry in making decisions, then they will always be victim of a scammer. Defi is another game charger and most people are going into Defi this days. Should I say every July and NS August often turn out good for traders and bounty hunters.middle of the year is usually good I must say. But scammers are really going I to defi through some pump and dump exchanges that has no payment for listing. People are listing coins there always in the name of Defi. This space ehh.
be careful with projects like that. Scammers are everywhere. we will only believe in projects with clear exchanges with the support of other large platforms. don't even think those who are new with small exchanges can get full market support.
Defi is another game charger and most people are going into Defi this days. Should I say every July and NS August often turn out good for traders and bounty hunters.middle of the year is usually good I must say. But scammers are really going I to defi through some pump and dump exchanges that has no payment for listing. People are listing coins there always in the name of Defi. This space ehh.
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
On Twitter you said? Be careful with Twitter, there are some crypto coins on Twitter that are scam, do not be fooled, make sure you invest in a very popular DeFi project and since DeFi is gaining more momentum right now scammers will start taking steps too, be careful another one is DeFi becoming a promising business in the future?
DYOR - Do your own research, please.
Overview on DeFi - a new hot trend in crypto. There are many sites which give you mixed information on DeFi ecosystem. Choose what you need, and ignore what you don't, after your researches, of course.
Overview on DeFi - a new hot trend in crypto. There are many sites which give you mixed information on DeFi ecosystem. Choose what you need, and ignore what you don't, after your researches, of course.
OP is talking about one particular project which may come under the defi category but I am not ready to analyze them just because it is dealing with finance sector. Already most altcoins/tokens are gaining their value only only due to speculative reasons and adding to that another layer of cosmetic thing in the name of finance, is not at all going to work even in short run.
I just want to know what these new defi category is going to bring for us. I mean already we are having projects to address all possible real world problems and among them what is missing and how these defi things are going to address them. In my eyes these are just another fancy things to lure investors.
If these defi things get power to survive for another 1 or two years by really having reasons to exist with us, I guess I may start showing interest to them. Till then I may remaining busy with my usual category of coins and tokens against stablecoins.
I just want to know what these new defi category is going to bring for us. I mean already we are having projects to address all possible real world problems and among them what is missing and how these defi things are going to address them. In my eyes these are just another fancy things to lure investors.
If these defi things get power to survive for another 1 or two years by really having reasons to exist with us, I guess I may start showing interest to them. Till then I may remaining busy with my usual category of coins and tokens against stablecoins.
There are many good DeFi projects right now, you can follow and invest in them if you want. But be careful because there are also many scam projects, if you are not careful, you will lose money with it.
Coinmarketcap has now been given a list of Defi projects, and that is very helpful, you can find it there in the top 1 to 5 is good project, invest and hope you get a profit
THat looks interesting to see CMC was adding a lot of new features
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
On Twitter you said? Be careful with Twitter, there are some crypto coins on Twitter that are scam, do not be fooled, make sure you invest in a very popular DeFi project and since DeFi is gaining more momentum right now scammers will start taking steps too, be careful another one is DeFi becoming a promising business in the future?
DeFi for what is it is quite promising, but DeFi for what it is not is a no-no.
You gotta employ carefulness when deciding what DeFi project to join, trust crypto, this is gonna be the mask for the new scam.
You gotta employ carefulness when deciding what DeFi project to join, trust crypto, this is gonna be the mask for the new scam.
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
Wow cool you investing in every DeFi project but you said you new in this cryptocurrency world ? you need take note, cryptocurrency is high risk, you need to know about why you need to investing. We all know DeFi is the most popular project right now but you should know not all DeFi will give you profit. You still need more research about anything..another one is DeFi becoming a promising business in the future?
could you provide more details regarding meter, i would not call gate.io as leading exchange, but they could provide a good project, so maybe will take part if you provide more details and basic investment analysis for meter, never heard of the project
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
Wow cool you investing in every DeFi project but you said you new in this cryptocurrency world ? you need take note, cryptocurrency is high risk, you need to know about why you need to investing. We all know DeFi is the most popular project right now but you should know not all DeFi will give you profit. You still need more research about anything..another one is DeFi becoming a promising business in the future?
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
Wow cool you investing in every DeFi project but you said you new in this cryptocurrency world ? you need take note, cryptocurrency is high risk, you need to know about why you need to investing. We all know DeFi is the most popular project right now but you should know not all DeFi will give you profit. You still need more research about anything.. another one is DeFi becoming a promising business in the future?
There are many good DeFi projects right now, you can follow and invest in them if you want. But be careful because there are also many scam projects, if you are not careful, you will lose money with it.
Coinmarketcap has now been given a list of Defi projects, and that is very helpful, you can find it there in the top 1 to 5 is good project, invest and hope you get a profit
There are many good DeFi projects right now, you can follow and invest in them if you want. But be careful because there are also many scam projects, if you are not careful, you will lose money with it.
Coinmarketcap has now been given a list of Defi projects, and that is very helpful, you can find it there in the top 1 to 5 is good project, invest and hope you get a profit
There are many good DeFi projects right now, you can follow and invest in them if you want. But be careful because there are also many scam projects, if you are not careful, you will lose money with it.
Coinmarketcap has now been given a list of Defi projects, and that is very helpful, you can find it there in the top 1 to 5 is good project, invest and hope you get a profit
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
another one is DeFi becoming a promising business in the future?
Many scammers are hiding under the DEFI umbrella to launch scam tokens without any hope to develop the project. They just create token and website, list on uniswap, then start hyping the project and list on MXC, BIKI, that's the new trend. Do proper research if you must follow the DEFI hype. I made good profit from DMG and COMP, and looking up to BZRX if it's worth investing anyway.
It's funny how many crypto enthusiasts just FOMO when they hear a new DEFI project just launched and listed on uniswap, without reviewing the project if its worth it. In as much as I agree with OP that DEFI projects are booming now, and cool for better returns, but scammers are taking advantage seriously. There are some DEFI hype groups on telegram launching tokens on weekly basis, and then forget about the project after cashing out. This is a call to all crypto enthusiasts, be extremely careful with new DEFI tokens.
There are many good DeFi projects right now, you can follow and invest in them if you want. But be careful because there are also many scam projects, if you are not careful, you will lose money with it.
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
This year is DeFi season, because almost new tokens/coins appear they have good and interesting Dapps in the DeFi project.another one is DeFi becoming a promising business in the future?
I think it's time to take a big risk in order to achieve double profits for this year on the DeFI project. hopefully promising for this year and future.
The risk can't be avoided and if he was choosing the right one and he can decrease his risk to get the scam defi. So many new defi has very strong vision dude.
It's only good to invest in a good defi rather than put a lot of our money into the various defi
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
Synthetix and Comp took the lead for me, they are the best DeFi projects presently, Comp is pretty over costly which makes me not invest on the project but I have Synthetix in my portfolio, another good one is Aave but I'm looking for a fresh new DeFi project that I can buy at ICO price to make good ROI another one is DeFi becoming a promising business in the future?
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
This year is DeFi season, because almost new tokens/coins appear they have good and interesting Dapps in the DeFi project.another one is DeFi becoming a promising business in the future?
I think it's time to take a big risk in order to achieve double profits for this year on the DeFI project. hopefully promising for this year and future.
It seems that DeF is shifting traditional financial products to the open-source and decentralized world. I guess it could bring several benefits in comparison with traditional financial services. For example, lots of dApps developed on top of the Ethereum or EOS blockchains, are able to provide reduced operational costs and lower entry barriers. Also, feel free to check the repository of knowledge about DeFi https://defiwiki.org. You can find some helpful info re DeFi there.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
DeFi is being the latest trend. I do not think it will such big in future however, at the beginning of the any trends, there will be a lot of hype. For example, deflationary hype was BOMB token which hit $14, IEO hype etc. But after all, everything goes shit at the end of the day. I think you should be very careful investing in DeFi as it is totally a new trend and very hard to predict how community will welcome DeFi although people are speculating that DeFi will have a good future.
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
another one is DeFi becoming a promising business in the future?
DeFi got so much hype already, that it's likely that sometime soon this bubble will pop, though knowing crypto markets, it's possible that this FOMO will last for longer, so it might be still profitable. I personally wouldn't touch this DeFi with a 6-feet pole, cause I'm happy with just owning BTC, but if you want to dive into DeFi, my advice is to not get too attached to it and make sure to dump it when you'll secure your profit. It can easily crash and leave you with worthless tokens, like it was with the ICO craze.
OP not all DeFi projects are good, make sure you do your own research on them before making a choice, pick the good ones out of the rest, some are based on the hype surrounding the success of DeFi, nothing more than that
It's much better if he can try to pick a new DEFI that has a very large potential. As far as I know, if we can find a good defi like compound and it will be very profitable for us to invest in it. DYOR is a must and just try to pick up the best defi
OP not all DeFi projects are good, make sure you do your own research on them before making a choice, pick the good ones out of the rest, some are based on the hype surrounding the success of DeFi, nothing more than that
It's much better if he can try to pick a new DEFI that has a very large potential. As far as I know, if we can find a good defi like compound and it will be very profitable for us to invest in it. DYOR is a must and just try to pick up the best defi
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
another one is DeFi becoming a promising business in the future?
You are right about what you heard about Defi projects but are you also aware that there is every possiblity that scammers will leverage on Defi hype to bring about their own scam projects; am not being certain that it will happen but rather considering what scammers has done so far in this space then nothing is difficult for them once the opportunity is there. So my suggestion is, it's good you want to invest in Defi projects which might be because of hype or because of what you have seen them offer, however take your time to research on the respective projects so that you can make the right choice and protect your funds.
•The experience of the CEO if he has been successful in previous projects,
•The project idea itself,
•whether the product is already,
•the Use of Tokens They Sell,
•Market The Altcoin Stamp (or ICO Stamp for the ICO Phase) along with the Price and Number of Tokens / Coins in circulation,
•Community and Developer Support
•Product Release Stage: Pilot / MVP / Alpha / Beta / Public Launch and
•Whitepaper
maybe there are more if my research is lacking
and some projects that I started to be interested in because of the length of the project the crowds of people and communities talked a lot about the project from the telegram channel source
DefiPulse is a great resource for this, it has a list of all the major DeFi applications based on their total assets under management.
It doesn't actually list the yield you might get from using each one, but it can definitely give you some insight on how popular each one is.
I'd personally stick with non-custodial DeFi solutions for now though; just google "Non-custodial DeFi" and you'll find a bunch of options like Compound, Nuo, Aave etc.
Compare them based on their viability and return, and make your judgment based on your risk appetite.
It doesn't actually list the yield you might get from using each one, but it can definitely give you some insight on how popular each one is.
I'd personally stick with non-custodial DeFi solutions for now though; just google "Non-custodial DeFi" and you'll find a bunch of options like Compound, Nuo, Aave etc.
Compare them based on their viability and return, and make your judgment based on your risk appetite.
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
another one is DeFi becoming a promising business in the future?
You are right about what you heard about Defi projects but are you also aware that there is every possiblity that scammers will leverage on Defi hype to bring about their own scam projects; am not being certain that it will happen but rather considering what scammers has done so far in this space then nothing is difficult for them once the opportunity is there. So my suggestion is, it's good you want to invest in Defi projects which might be because of hype or because of what you have seen them offer, however take your time to research on the respective projects so that you can make the right choice and protect your funds.
DeFi are all the rage this year. While it's good to get trendy and get aboard the DeFi bandwagon, don't forget to apply caution and do some due diligence before investing. Not doing research and due diligence is one thing most ico investors got wrong and they paid for it. Also be serious conscious, Balancer got hacked recently and over $500k of user funds were stolen as a result. We might see more of this happening just like the days when ICOs were red hot.
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
You should have also mentioned the names of the defi projects you have invested in. Although the defi trend is surging and it is good if people can make some extra crypto for just holding crypto through these projects but at the same time i will suggest to not invest in every new defi project because scammers can take advantage of this situation and can come with fake projects so be careful atleast with new projects. another one is DeFi becoming a promising business in the future?
thanks for all the friends' suggestions here, I study each project if it already has a long-running Ecosystem Product "Working" Likely to succeed
Don't invest due to hype, you can ask those that lost as a result of them FOMOing into ICO, IEO and the rest. Defi aren't new they're just currently been hyped and in due time they'll all die down. Billions are currently flowing into that sector that means there's potential to profit if you're smart enough but do understand that where even quick profits can be made, it also has a disadvantage of quick loss.
Invest wisely, invest only money you're ok lossing so it doesn't affect you financially.
Invest wisely, invest only money you're ok lossing so it doesn't affect you financially.
Learn about it first. Not everything you see is profitable, this how people become broke for being too much optimistic with the DeFi that they've just learned.
Before you invest, study, and do your research because not every DeFi will give you the profit that you're thinking. Some of DeFi's can cause you disappointment if you lack research.
Before you invest, study, and do your research because not every DeFi will give you the profit that you're thinking. Some of DeFi's can cause you disappointment if you lack research.
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
Do not forget about the old wisdom: "Buy by rumor, sell on the news." another one is DeFi becoming a promising business in the future?
It was necessary to invest in Defi a year ago, now the news has come out and you need to sell it. If you want to invest, then you need to understand all the details of each project.
I would just buy ETH if I didn't want to waste time.
DeFi projects are taking over this year, even the old DeFi projects from 2018 starts pumping hard, there most be a reason behind this, maybe investors find its Usefulness in them or they are just completely based on hype, just thread carefully, this might be another bubble warming up
Lots of Defi projects these days. I even didn't realize that I have some of them like the Aave Lend Token which I got from HitBTC airdrop long time ago. I log in to my account last month and found out I got some funds left there. Back in the days when they airdropped it, it was just ignored by many of us, and just as I thought there will be no value to it. I might just keep it for good. And since it's just $0.18, I'd rather be buying more of it every week.
DeFi projects have become a trend this year. Many new projects have implemented DeFi for the benefit of future projects and there have been many successful DeFi projects, so if you want to invest, you still have to do research or look at their background, let alone this is a new project, of course we must also be on guard against new project even though it's their product DeFI.
OP not all DeFi projects are good, make sure you do your own research on them before making a choice, pick the good ones out of the rest, some are based on the hype surrounding the success of DeFi, nothing more than that
There are still many things you have to read about the DeFi project, don't because you hear about the goodness of the DeFi Project and then you rashly draw conclusions to invest in it, you must be smart in conducting Research, because not all DeFi projects can benefit you.
I would like to ask how you know about DEFi, is this your first time knowing about crypto? Be careful what you wish for friend, make sure DeFi project you choose are real, scammers are aware that DeFi projects are the most favourite for investors nowadays and they are ready to lay ambush for newbies
You should remember about investing in DEFI based on its use-case and the demand that has already gotten. Did you see compound or oikos? You should not invest in any defi but just invest in DEFI that has a very huge potential and big community.
This is no an investment advice but I'm interested in this defi https://icodrops.com/meter/
This is no an investment advice but I'm interested in this defi https://icodrops.com/meter/
Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit?
another one is DeFi becoming a promising business in the future?
another one is DeFi becoming a promising business in the future?
Jump to: