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Topic: DEFI begin new trending or end soon? - page 7. (Read 1086 times)

member
Activity: 518
Merit: 11
September 10, 2020, 11:33:42 PM
#8
Hello everyone!
At this moment, i think Defi is a hot word. Do you think this is beginning a new trend or will be end soon?.
I am a trader, but i have earn a lot of money from Defi coin by ICO, i do not  think Defi trend can go long time.

No doubt it is trending at the moment, If I only have a lot of money, I will go with the flow and buy any of the coins under by Defi for sure.
But sad to say I don't have a lot of money, so rather buying in them for it is good to choose in cryptocurrency still of course. But I do agreed it won't take last.
hero member
Activity: 3094
Merit: 537
Leading Crypto Sports Betting & Casino Platform
September 10, 2020, 11:15:02 PM
#7
DeFi will continue but their trend will end in the next few years. Crypto will always be innovating all the time.
The defi trend will be very similar as ico bubble. The trend will continue and this trend will never die but if there will be more scammers come to create fake defi project will make the defi market will not be so loud like this time.
People will care about their money and they will not blindly investing in the any defi project again.

We can see investors have learned a lot from the ico bubble and after the ico bubble has gone and the ico trend is still exist but investors were also putting more and more standard to determine which was the legit ico.
The new standard will also be applied with the defi platforms as investors learned a lot from the past experience. Defi can exist forever and it's not just until few years later.

member
Activity: 569
Merit: 28
September 10, 2020, 10:49:29 PM
#6
DeFi will continue but their trend will end in the next few years. Crypto will always be innovating all the time. Developers will always find interesting ideas for future Crypto developments. Nobody knows how Crypto will develop in the future but DeFi won't end.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
September 10, 2020, 10:01:04 PM
#5
I thought that if you have experienced with the ICO bubble that has happened a few years ago. We have already reached the peak and it's about the time will tell us about the massive dumping that will be happening with that majority of new defi platforms. The market has already entered the stressful zone about the defi trend, a lot of people were also getting scammed, some new defi coins have already dropped almost 100% in a day.

These can be considered as strong indicators about the fallen of defi trend
sr. member
Activity: 1554
Merit: 413
September 10, 2020, 10:00:13 PM
#4
DEFI will probably continue but the hype around it won't last. The trend is all about yield farming right now. You see a lot of projects popping up following the footsteps of YearnFinance (YFI). They copy other projects, just add "y" to their name or just choose a food name, and then they launch hehe. With all the pumps and dumps, faulty codes and the exit scams that's happening, I think this yield farming hype is going to end soon. maybe in a month or two.  
hero member
Activity: 1722
Merit: 801
September 10, 2020, 09:54:39 PM
#3
You can enjoy bounces of DeFi group if you have good entries.

The trend of DeFi will be slowly cooled off so if you make bad entries and don't cut loss, you will see price and balance fall lower and lower. The importance of cut loss is when price falls down and switch from uptrend to downtrend, supports will become resistances. Support points are the points at which you set up your cut-loss orders. If those points are broken, and you do cut-loss, you will have opportunities to buy it back (with higher amount) at the next (lower) support point. Then when it hits lower support point and bounces, you can retrieve your capital and reduce your loss.

Doing cut-loss help you to reduce or equalize your loss even the price is falling.
hero member
Activity: 3080
Merit: 603
September 10, 2020, 09:12:24 PM
#2
Hello everyone!
At this moment, i think Defi is a hot word. Do you think this is beginning a new trend or will be end soon?.
I am a trader, but i have earn a lot of money from Defi coin by ICO,
It's already on the trending within the crypto space and it's making a buzz. You're not late to the party if you have made money from it and it's starting to get off the heat soon.

i do not  think Defi trend can go long time.
Just as you do, I'm also thinking that it won't last long. Look to the pattern of ICO, IEO and we have Defi. What will be the next trend? they say Uniswap and then what's next? that's the cycle.
jr. member
Activity: 36
Merit: 1
September 10, 2020, 06:53:16 PM
#1
Hello everyone!
At this moment, i think Defi is a hot word. Do you think this is beginning a new trend or will be end soon?.
I am a trader, but i have earn a lot of money from Defi coin by ICO, i do not  think Defi trend can go long time.
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