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Topic: DeFi seems to be hot right now! What do you think about the future of DeFi? - page 2. (Read 689 times)

legendary
Activity: 1274
Merit: 1000
defi as for me is much more healthy than ico and ieo. if it will be regulated - i think a lot of valued defi and have a nice future. i believe in credible dex projects - volumes are increasing and tech base is likely to be much better than year ago
Maybe they will have a more secure structure, because all systems are decentralized. I'm not really sure about the regulations regarding the defi platform, so as investors, we just have to hope that many defi platforms are able to provide safe and reliable investment tools for everyone
jr. member
Activity: 345
Merit: 1
defi as for me is much more healthy than ico and ieo. if it will be regulated - i think a lot of valued defi and have a nice future. i believe in credible dex projects - volumes are increasing and tech base is likely to be much better than year ago
jr. member
Activity: 84
Merit: 1
UniDapp
My friends have all made some crazy money on Defi and I am tempted to also invest in some. But my fear is what if I risk my money in it and they hype goes down like it did for ICOs and lending coins back then?
hero member
Activity: 3010
Merit: 629
The decentralised Finance that is the frenzy right now won't be in next few month. I see a market people will be exhausted about because it is going to be saturated. The whole ideology won't sell anymore.
Indeed it wont take too long just like the past trend (ICO, IEO), it will only take few months then another trend might take its place.

Defi is popular currently but dont decide to invest just because of this hype. There are hidden good defi project but I think its hard to spot it, slowly some defi projects are turning to scam and the main purpose is to get the money of investors then leave without trace.

legendary
Activity: 2268
Merit: 1655
To the Moon
DeFi for many investors is a very good choice for you to consider during this time. There will probably be a lot of scam projects but if you come early then the opportunity is still there for you. I have never been disappointed with the current DeFi projects because this investment trend is so well received and will definitely help all investors make even greater returns.

Hype around DeFi has provided a high demand for such tokens. But in order to get a high profit, you need to buy such tokens before they are listed on cryptocurrency exchanges. The problem is that not every trader can figure out which DeFi they should buy on Uniswap so that it doesn't turn out to be a scam.
jr. member
Activity: 1162
Merit: 1
Base.protocol
The decentralised Finance that is the frenzy right now won't be in next few month. I see a market people will be exhausted about because it is going to be saturated. The whole ideology won't sell anymore.
hero member
Activity: 1232
Merit: 858
I think for anyone not to consider new things as a guarantee for the future, I mean it's like the DEFI program is still young and we also can't conclude what the future will be like. however after I observed many investors taking short profits in the DEFI project, this is normal. A trend like this can be used as an opportunity to get short-term profits but it is risky if you can't get out before Fomo occurs.

Note how popular ICO and IEO were at their time. The period of popularity of these types of investments collection was on average six months. Further, the profitability and popularity of such methods of collecting investments seriously decreased. I think it will be the same with DeFi projects. Their popularity will continue for a few more months, until the end of this year at most.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
Future of DEFI is very great, forget all these forks and scams, these all come with bull market, you will be the one to separate good projects from the noise. The only thing that can set the space back is if we have a major hack of one of these DEX, which will make people uncomfortable putting their funds in these DEFIs
major hack on DEX is just seems unlikely. I mean, the only way is to break through the smart contract and other than that it's pretty much impossible to hack unlike centralized exchange.

I too can see that DeFi could bring a new revolution to a traditional finance but still doubtful whether it's just a hype or a really working product because DeFi is still unproven in my opinion.
member
Activity: 136
Merit: 15
Best, total transparent, true decentralized and auditable Defi which works for 3 years without any mistakes is https://ethereumgold.io/
You can enter and exit when ever you want.
jr. member
Activity: 82
Merit: 1
whether this will last long or not, my prediction about DeFi will be successful in the near future, to be precise in 2021. there will be many new DeFi projects emerging, and amrket will be dominated by these new projects. will it last long or not? it is still hard to guess, considering that the ICO is losing more in the competition.
DeFi era will sure to last, people were not contented and need change as well loses its value due to scam projects afterawhile like how ICO ends even it was followed by STO and IEO the idea is the same that only few bite it. If there will be some changes like in DeFi that do a different scope and ideal to change the mindset again of investor give s the impact like we were in 2017 ICO hype. Once this hype over and there is a new platform or strategy with advance marketing it will sure to eliminate DeFi hype and attract new trends. Sometimes it only needs some groups of people with marketing technologies to start creating hype like before only few projects will be able to make it in the future.

Yeah true we've witnessed some tokensales model come and go, ICOs, STOs, IEOs etc but DeFi is not a tokensales strategy and it's quite obvious. DeFi is a decentralized finance that is not exactly new. Many projects at the forefront of DeFi aren't exactly new Aaeve Lend was originally Ethlend of 2017, Synthexis is from 2017 also. And some 'new' projects making their way into DeFi aren't exactly new as well. For example Earnbet online blockchain casino platform is not new to the blockchain which by the way you can check for more information here https://game.earnbet.io

So you see the DeFi market is not entirely new and the growth so far have been organic, no PR BS, no hype, just pure hype. Now will it sustain itself in the long term? I definitely think so.
hero member
Activity: 2716
Merit: 698
Dimon69
whether this will last long or not, my prediction about DeFi will be successful in the near future, to be precise in 2021. there will be many new DeFi projects emerging, and amrket will be dominated by these new projects. will it last long or not? it is still hard to guess, considering that the ICO is losing more in the competition.
DeFi era will sure to last, people were not contented and need change as well loses its value due to scam projects afterawhile like how ICO ends even it was followed by STO and IEO the idea is the same that only few bite it. If there will be some changes like in DeFi that do a different scope and ideal to change the mindset again of investor give s the impact like we were in 2017 ICO hype. Once this hype over and there is a new platform or strategy with advance marketing it will sure to eliminate DeFi hype and attract new trends. Sometimes it only needs some groups of people with marketing technologies to start creating hype like before only few projects will be able to make it in the future.
plr
member
Activity: 1162
Merit: 24
whether this will last long or not, my prediction about DeFi will be successful in the near future, to be precise in 2021. there will be many new DeFi projects emerging, and amrket will be dominated by these new projects. will it last long or not? it is still hard to guess, considering that the ICO is losing more in the competition.

DeFi and ICO are two different things,the demise of ICO is pretty obvious, on DeFi all they have to do  is find the right project to invest where developers are transparent and and they are capable and their smart contract fully audited so there will be no flaw.
full member
Activity: 1638
Merit: 122
People are always on FOMO until they realized that it is not the project that they want to get into
thats crazy . they know how to fomo and they know if what is the meaning of this abreviation but they will act like they dont know and get a shocked feeling at the end when all thier investment goes down .

Quote
, DeFi has a future I have read one article on it but the smart contract should be properly audited and we should know who are the people behind a project, it's not right that a project presented to us with unknown developers, that's because it is on one top exchange.
is that means defi isnt just a hype ? oh thats nice to hear and yes as of now , binance and other top exchange is not a basis anymore if a project is good or not because of the latest incident happened . thats better so that people will do more research and wont take it easy before they invest .
full member
Activity: 2324
Merit: 175
People are always on FOMO until they realized that it is not the project that they want to get into, DeFi has a future I have read one article on it but the smart contract should be properly audited and we should know who are the people behind a project, it's not right that a project presented to us with unknown developers, that's because it is on one top exchange.
sr. member
Activity: 1652
Merit: 262
whether this will last long or not, my prediction about DeFi will be successful in the near future, to be precise in 2021. there will be many new DeFi projects emerging, and amrket will be dominated by these new projects. will it last long or not? it is still hard to guess, considering that the ICO is losing more in the competition.
hero member
Activity: 1246
Merit: 501
defi makes a lot of people surprised that it is able to pump very high and cannot be stopped, The defi era has changed the crypto market
and of course making crypto better if the situation continues I'm sure crypto enthusiasts will be even higher than now
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
DeFi is just another trend. As long as I can remember, this industry has had different trends for each year. It's more highlighted after each Bitcoin halving. I can't say for sure if it's a coincidence or not. But it has always happened that way from Chinese coins to Lending coins to Exchange tokens to ICOs to IEOs to Security tokens and here we are now. Going forward, we really can't say for sure where this DeFi thing is headed a few years from now. Let's just roll with it and enjoy the moment.
full member
Activity: 896
Merit: 100

Yes, obviously all DeFi projects will be considered the same as others over time, especially if there is evidence of scam for several DeFi projects at this point, of course this will be an assessment for everyone in the crypto space later.
the market view will of course be a little different on the DeFi project when its popularity is now decreasing due to the scam. the market trend will change again I think. something new again with a better outlook is coming in the future. DeFi shortly may still get some attention, but not for the long term.
sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
I have a feeling that Defi projects would soon become like every other over hyped coin. There's no doubt that we would be having more Defi tokens in the space, but people would come to see the project for what they really are, several exit scam are recorded in Defi projects and I know some persons are already getting tired of the Defi trend.
Yes, obviously all DeFi projects will be considered the same as others over time, especially if there is evidence of scam for several DeFi projects at this point, of course this will be an assessment for everyone in the crypto space later.
sr. member
Activity: 586
Merit: 251
Despite the hype created around DeFi, after it subsides, really useful services will remain on the market, and scam will disappear along with their organizers. It is a pity that scam will disappear from the market along with the money of investors who believe in DeFi.
DeFi for many investors is a very good choice for you to consider during this time. There will probably be a lot of scam projects but if you come early then the opportunity is still there for you. I have never been disappointed with the current DeFi projects because this investment trend is so well received and will definitely help all investors make even greater returns.
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