Topic: Do you think DeFi season is going to be just like Altcoin season? - page 2. (Read 1239 times)
January 22, 2021, 09:04:40 AM
After two despairing years, and showing plenty of promise in the summer, Bitcoin still stole the show, towards the end of 2020 but some analysts forecast that the beginning of 2021 belongs to altcoins.
January 22, 2021, 06:44:32 AM
it looks like it's much more controlled hype,than ICO period.. but i have a lot of concerns by the way - how do u think will be everything going on with defi? it feels like a lot of defi scams are coming out (((
yes for sure, market is growing and hyping so i also see a lot of strange defi concepts(( but still, i pay my attention to the interesting and credible dex projects, with nice liquidity partners
January 22, 2021, 06:14:04 AM
I find it not uncommon if you've been through that stage, the market right now I think it's like an ICO is over. We see a new DeFi trend in 2020 and it has driven and attracted more people to this market, I see the same size re-iterating and alt season is coming. But is it too humble to look at the value of crypto, I think people expect more than that, and confidence in what has happened will be the basis for us to hope for the upcoming boom.
January 22, 2021, 05:56:36 AM
it looks like it's much more controlled hype,than ICO period.. but i have a lot of concerns by the way - how do u think will be everything going on with defi? it feels like a lot of defi scams are coming out (((
i thought it was controlled and then you feel scams are too much ? lol . if scams are too much , that simply means that defi is not different to ico/alt and other seasons .given that its like them , itll also end like them . now if your a defi investor and if you have already have some defi in you or planning to invest more , you may know think in advance , think about what happened in the past so that you can decide quickly if whats the best you can do to earn somehow and not to get losses .
January 22, 2021, 05:36:12 AM
Smells a lot like 2018 doesn't it?
It does. IMO the DeFi season will continue for at least another twelve months. EVerybody is staking anything possible with the hope to earn tokens that could have some real price. I'm not an exception
DeFi has some bloodbath today. https://coinmarketcap.com/defi/
That's because bitcoin is dumping currently, and it's affected, the future of DeFi may also rely on the performance of bitcoin, if there's a big correction that will happen, there's no doubt that DeFi projects will be heavily affected as well. We can tell that DeFi is already popular as they already have the list in CMC which currently they are at $27 B total marketcap, and that is huge I believe.
Today was a bloodbath for all, starting with Bitcoin. And alts, of course, to not miss anything, were deep-diving too.
But I think we reached the bottom (for now) an hour ago.
Let's see what's next, I don't think it's already the bottom, correction does not only happen in just one day, it sometimes resulted to a long bear market like in the past, bullish people will not be convince that a correction has started, they'll think it's just a minor shake up and price will eventually rise again. Total marketcap have also dive below $900 billion, it's still too early to say but I have a feeling the correction is over.
January 22, 2021, 12:22:31 AM
it looks like it's much more controlled hype,than ICO period.. but i have a lot of concerns by the way - how do u think will be everything going on with defi? it feels like a lot of defi scams are coming out (((
yes for sure, market is growing and hyping so i also see a lot of strange defi concepts(( but still, i pay my attention to the interesting and credible dex projects, with nice liquidity partners
January 21, 2021, 11:32:26 PM
Smells a lot like 2018 doesn't it?
It does. IMO the DeFi season will continue for at least another twelve months. EVerybody is staking anything possible with the hope to earn tokens that could have some real price. I'm not an exception
DeFi has some bloodbath today. https://coinmarketcap.com/defi/
That's because bitcoin is dumping currently, and it's affected, the future of DeFi may also rely on the performance of bitcoin, if there's a big correction that will happen, there's no doubt that DeFi projects will be heavily affected as well. We can tell that DeFi is already popular as they already have the list in CMC which currently they are at $27 B total marketcap, and that is huge I believe.
Today was a bloodbath for all, starting with Bitcoin. And alts, of course, to not miss anything, were deep-diving too.
But I think we reached the bottom (for now) an hour ago.
January 21, 2021, 06:44:54 PM
Smells a lot like 2018 doesn't it?
It does. IMO the DeFi season will continue for at least another twelve months. EVerybody is staking anything possible with the hope to earn tokens that could have some real price. I'm not an exception
DeFi has some bloodbath today. https://coinmarketcap.com/defi/
That's because bitcoin is dumping currently, and it's affected, the future of DeFi may also rely on the performance of bitcoin, if there's a big correction that will happen, there's no doubt that DeFi projects will be heavily affected as well. We can tell that DeFi is already popular as they already have the list in CMC which currently they are at $27 B total marketcap, and that is huge I believe.
January 21, 2021, 07:07:22 AM
Smells a lot like 2018 doesn't it?
It does. IMO the DeFi season will continue for at least another twelve months. EVerybody is staking anything possible with the hope to earn tokens that could have some real price. I'm not an exception
As long as the bitcoin keeps bullish and both will be increasing at the same time. We have experienced that so many times dude and i guess people know it so well too.
It's just a matter of time until we will see bitcoin enters the key point to get another big correction again.
January 20, 2021, 11:25:52 PM
Smells a lot like 2018 doesn't it?
It does. IMO the DeFi season will continue for at least another twelve months. EVerybody is staking anything possible with the hope to earn tokens that could have some real price. I'm not an exception
January 20, 2021, 08:47:06 PM
As long as the project is of no clear use, it will end up scams, I agree that most of the DeFi projects in circulation today are scams. So be careful
if we want to invest in DeFi projects, for now I suggest if we want to invest in DeFi tokens. Choose DeFi tokens that are popular and have high
volume, so it is safer for investment. I suggest investing in Chainlink is a good DeFi token for investment.
Regarding DeFi projects, it will end as ICO projects seem to look the same. DeFi projects are only hype in 2020, entering 2021 the demand will
decrease drastically. Investors prefer investing in top cryptos that have strong fundamentals, such as Bitcoin and Ethereum.
if we want to invest in DeFi projects, for now I suggest if we want to invest in DeFi tokens. Choose DeFi tokens that are popular and have high
volume, so it is safer for investment. I suggest investing in Chainlink is a good DeFi token for investment.
Regarding DeFi projects, it will end as ICO projects seem to look the same. DeFi projects are only hype in 2020, entering 2021 the demand will
decrease drastically. Investors prefer investing in top cryptos that have strong fundamentals, such as Bitcoin and Ethereum.
January 20, 2021, 07:29:39 PM
DeFi has a lot of fake as well as unwanted tokens, as only a few have some use case while 99% DeFi projects are scam to me. I've heard that some projects hold the potential to do even a 100x while others will suffer the pain of getting buried just like those altcoin projects that are now lost which were once holding a big share of the total crypto marketcap (back then) like Peercoin, Namecoin, Vertcoin, and so on.
January 20, 2021, 06:32:52 PM
it looks like it's much more controlled hype,than ICO period.. but i have a lot of concerns by the way - how do u think will be everything going on with defi? it feels like a lot of defi scams are coming out (((
Not actually a controlled hype but rather people are becoming smart nowadays where they didnt really let themselves involved too much on things which arent giving an assurance towards their investment.You can say that it is somewhat a controlled one because people didnt fall into the hype, yes there might be some but not really as bad compared into those ICO days that we had seen.
ICO,IEO,DEFI, these are the things that we had experience when it comes to investment but among the 3, i do only see IEO would be worth but still a thing that you would need to risk out.
Altcoin season? all will vary with the demand.
January 20, 2021, 06:08:59 PM
it looks like it's much more controlled hype,than ICO period.. but i have a lot of concerns by the way - how do u think will be everything going on with defi? it feels like a lot of defi scams are coming out (((
January 07, 2021, 01:59:03 AM
This is exactly the same as the trend of ICO in the past and they will slowly disappear and no longer be trusted by many people
When bitcoin has a stable price which season for altcoins will come
At least some ICOs had proper teams and a vision for development, putting aside the fact that majority of them were scams. Even them comparing with DeFi reveals that majority of these are copy pasted stablecoins and lending pools.When bitcoin has a stable price which season for altcoins will come
The false promises of passive income and getting rich which were used to take away investors money still exist there and hence should be avoided.
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Defi season is not the season for altcoins
It is seeing a decline currently due to uprend on bitcoin price. I hope this hype grows down but knowing how these communities grow based on smoke and mirrors I doubt it will be stopping newbies from getting scammed again. January 01, 2021, 10:33:23 AM
This is exactly the same as the trend of ICO in the past and they will slowly disappear and no longer be trusted by many people
When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
Defi season will help the altcoins to increase their prices easily, of course, now we are seeing completely upward trend for Bitcoin. Once the price of Bitcoin stables, it might help the most of the potential coin to recover their prices easily. So it is good to gather those low valued altcoin in the current situation.
Defi season is only for few altcoins like ETH, majority of the altcoins will still suffer and we need some miracle to make them alive again. Now is bitcoin's time, it's making ATH after ATH and it leave altcoins to have a little room for growth as evidence by the growing dominant rate of bitcoin.
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BTC Dominance: 70.4%
That's it for now from 65%, means altcoins growth will be affected. December 28, 2020, 03:12:38 AM
This is exactly the same as the trend of ICO in the past and they will slowly disappear and no longer be trusted by many people
When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
Defi season will help the altcoins to increase their prices easily, of course, now we are seeing completely upward trend for Bitcoin. Once the price of Bitcoin stables, it might help the most of the potential coin to recover their prices easily. So it is good to gather those low valued altcoin in the current situation.
December 27, 2020, 07:38:01 PM
This is exactly the same as the trend of ICO in the past and they will slowly disappear and no longer be trusted by many people
When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
Do you think that ICO is not yet being trusted by a lot of people right now? You should open your eyes and visit some legit ico list site. There are bunch of legit icos released everyday to the market. When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
The ico traders are also still exist. Defi is not having a better fundamental like ICO. that's a bit strange to see that you are saying it before try to see the fact.
December 26, 2020, 06:35:53 PM
This is exactly the same as the trend of ICO in the past and they will slowly disappear and no longer be trusted by many people
When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
When bitcoin has a stable price which season for altcoins will come
Defi season is not the season for altcoins
December 26, 2020, 05:05:36 AM
altcoin season is not Defi season, Defi season is just hype and hype also has an end,
Defi is not influenced by Bitcoin holders this is the difference,
if bitcoin holders have left Bitcoin then altcoin season comes, this is what is waiting for!.
Defi season is now dying and no signs staying strong like what they started ,Imagine How strong they started that the whole market is shaken .Defi is not influenced by Bitcoin holders this is the difference,
if bitcoin holders have left Bitcoin then altcoin season comes, this is what is waiting for!.
Even Bitcoin Slowly affected but that only runs for a Month Because Market goes back and Make Defi projects Now slowly Dying.
Expect next year they will be nothing lol.
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