Topic: Despite hitting new 2020 highs, DeFi token gains in November outperform Bitcoin - page 2. (Read 261 times)
December 08, 2020, 08:49:47 AM
but btc still remains the safest investment despite the gains from defi, i bet you only few can say for sure they made good gains from defi hype this period because most of the defi projects end up as scam and many people lose money, why btc on the other hand gave decent profit to those who hold and have patience, to me btc perform great.
December 08, 2020, 08:22:06 AM
A lot of attention has shifted to Bitcoin since its massive Bull Run to new 2020 highs. The digital asset has surged from around $12,000 to over $19,000 in the last 2 months. And just like three years ago, the predictions have started rolling in, with some analysts predicting a price of $300,000 by the end of next year
Defi was gaining the momentum caused by bitcoin. It's too early to said that to happen but defi is also getting the same traction as another altcoin too. There are so many scam defi in the market and the majority of these shitty garbage defi tokens were being pumped and these coins have become pnd coin. I can mention a scam defi coin like kimchi. It was getting pumped again without any reason.
December 08, 2020, 08:03:23 AM
Also in gambling or lottery the very few ones that get the jackpot are in surreal profit. This doesn't tell the story of the ones that keep losing.
The same is with DeFi. Too many project are scams or simply falling and this makes the performance related news only tell the "smaller" "half" (heh) of the story (i.e. lying).
So thanks, but no thanks.
The same is with DeFi. Too many project are scams or simply falling and this makes the performance related news only tell the "smaller" "half" (heh) of the story (i.e. lying).
So thanks, but no thanks.
December 08, 2020, 06:08:34 AM
This is like saying that some shitty penny stock outperforms Apple. When the crash will come, altcoins and DeFi tokens will crash twice as hard as Bitcoin. It's pointless to talk about performance if you ignore the risk, because hindsight is always 20/20.
And also consider this - DeFi is not even 1 year old, where it will be in 11 years? Or even in 3 years? It's likely to end up just like ICO - abandoned and forgotten when crypto bros will find a new toy for pumping and dumping.
And also consider this - DeFi is not even 1 year old, where it will be in 11 years? Or even in 3 years? It's likely to end up just like ICO - abandoned and forgotten when crypto bros will find a new toy for pumping and dumping.
December 08, 2020, 05:48:33 AM
A lot of attention has shifted to Bitcoin since its massive Bull Run to new 2020 highs. The digital asset has surged from around $12,000 to over $19,000 in the last 2 months. And just like three years ago, the predictions have started rolling in, with some analysts predicting a price of $300,000 by the end of next year
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