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Topic: Do you think DeFi season is going to be just like Altcoin season? - page 5. (Read 1339 times)

hero member
Activity: 1820
Merit: 511
I think this Defy trend looks like it will run smoothly for some time to come, but I think this will also be the same as the trend that has happened before, nothing lasts forever we just need to get used to it. Everything that happens in the crypto world and this Defi trend is actually an opportunity to move and seek profit.
jr. member
Activity: 490
Merit: 1
I love to trade crypto & hold it for future profit
In my view, cryptocurrency is innovative and I think it is the just start. we'll see so many things in the future because developer create new idea / projects to take benefit as well as these are the huge opportunities for everyone. However people should understand and learn it 1st then they should research before invest in any ICO or any other project.

hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
If you're waiting for a miracle, it won't happen. Learn how to trade even in a falling market.
How can I make money in a falling market? Can you prove it? I'm new and I don't know much.
Just head to babypips education portal and learn how to use stop/limit orders. After having an idea, how to avoid catching a falling knife you are good to go. DEFI season is just another opportunity waiting on the corner. Learning from other professional traders will make you a wise trader and you will be able to take advantage of falling market prices. Otherwise, the loss is inevitable and you will be remembered as a loser in the long term, unfortunately.
full member
Activity: 742
Merit: 128
Coinbene.com - Experience Fast Crypto Trading
If you're waiting for a miracle, it won't happen. Learn how to trade even in a falling market.
How can I make money in a falling market? Can you prove it? I'm new and I don't know much.

For a simple reasons you can earn profit by having patience of waiting to the market became stable again. Buy when there are blood in the street then sell it when the price increase . More traders is accumulating many crypto currency when we are experiencing  bear market and that way many traders earn a lot for having patience to wait.
full member
Activity: 812
Merit: 142
Honestly, I think the DEFI bubble will pop and only the good coins will survive, which is hard to tell which ones they are. So we have to be very careful not to get stuck with bags full of nothing.

This will happen and more or less in short time the way this Defi coins prices has risen is nothing more than speculation and I think those who have made some money should exit before those starts to fall like pack of cards. I am not of opinion currently that those would be a long-term lasting leaving some of the coins.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Smells a lot like 2018 doesn't it?
at some point Yes this is also my own interpretation of this situation as the News spreads like Corona and then out of the Blue Defi projects rise like we don't expect to happen,so it seems like 2018 and will end up sooner?
Honestly, I think the DEFI bubble will pop and only the good coins will survive, which is hard to tell which ones they are. So we have to be very careful not to get stuck with bags full of nothing.
Of course if there is really a Legit currency on these Defi projects then why not?my most concerns are those Not really  Defi projects that is now Trying to keep close and make their project as Defi also to ride with the popularity and Scam investors,
we must be aware of this.
sr. member
Activity: 2618
Merit: 439
Honestly, I think the DEFI bubble will pop and only the good coins will survive, which is hard to tell which ones they are. So we have to be very careful not to get stuck with bags full of nothing.
That's why those who Ride in this Pump should realized that and be mature to be contented on their profit so far,and wont look for too much.
Because if this is just a Hype then it will drop drastically one of this days.
Practicality is the Key to Win in this situation.
member
Activity: 378
Merit: 11
Honestly, I think the DEFI bubble will pop and only the good coins will survive, which is hard to tell which ones they are. So we have to be very careful not to get stuck with bags full of nothing.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
I know the defi project has been around for a long time, but the hype that happened to the defi project has just been created which makes almost most old and new altcoins offer the service to benefit from the hype, I believe there will be many defi projects that fail and leave little. who will succeed with this concept. of course those who are real and have a strong team.
Which is what makes the hype absurd. DeFi projects have been here for a longer period of time than ICOs started.

What actually happened is that some projects started doing lending pools and stablecoins and tag the DeFi hashtag with it and promoted it like it was some new groundbreaking technology. In reality fools who never know what projects like BitRefill have done got excited about this "new thing" and looked into it as the new bubble.

But even if many users of this forum understand this disguised scam, most investors dont even come to this forum and thus they are not getting informed of the same.
full member
Activity: 1442
Merit: 106
I guess you meant by altcoins ICO. When it was the ICO season back then in 2017 loads of projects came up and the whole season about coins was ICO and loads of projects window to the block chain world. I guess DeFi is coming with that same orientation and I just pray it doesn't face the same fate as ICO.
sr. member
Activity: 2520
Merit: 366
Catalog Websites
Many say that Defi is just a hype, but I think that there are really interesting projects that will surely survive and grow even more over time.
The fact that there are a lot of scams, but after the hype passes, the best ones will remain and a lot of money will be poured into these projects.
for me DeFi is just a HYPE, in the next few months we will see a lot of DeFi Projects died...
DeFi is phenomenal, many don't have a reasonable value, this HYPE is coming to an end and will make many new investors disappointed.
sr. member
Activity: 1876
Merit: 259
I know the defi project has been around for a long time, but the hype that happened to the defi project has just been created which makes almost most old and new altcoins offer the service to benefit from the hype, I believe there will be many defi projects that fail and leave little. who will succeed with this concept. of course those who are real and have a strong team.
sr. member
Activity: 2618
Merit: 439
Smells a lot like 2018 doesn't it?
Smells like Shitty will comes next?

If this is like altcoin season then better for the holder to sell all of it now or be sorry soon?

anyway i don't really like the concept of Defi and not even thinking in investing to this even that there are some currency that shaking the market now.
member
Activity: 378
Merit: 11
It is hard to say at this point, but I truly believe that some of the "DeFI" will fail as they are only adapting to market hype.
However, there are a number of good projects that will succeed without doubt. Thus everyone should be aware that not all DeFi projects will make it.   
hero member
Activity: 3234
Merit: 775
🌀 Cosmic Casino
Smells a lot like 2018 doesn't it?
It smells more of 2017.
Many say that Defi is just a hype, but I think that there are really interesting projects that will surely survive and grow even more over time.
The fact that there are a lot of scams, but after the hype passes, the best ones will remain and a lot of money will be poured into these projects.
The same impression for ICO before until the scams existed and they took over the hype and then suddenly victimized a lot of innocent investors. There are legit defi but there will be scam projects that will ride this hype.
sr. member
Activity: 2632
Merit: 259
Smells a lot like 2018 doesn't it?
actually like 2017 and it may end this year or the next who knows?

What is better now that many holders specially of ChainLink that make more than multiple pf their capital and this is what important now.

and about the longevity of this DEFI?that is nothing we can tell just like what Altcoin season does couple years back.
legendary
Activity: 2562
Merit: 1399
Lol, 2018 altcoin season was mentioned again hahaha. Well, those times are glory days, literally shitcoin season.
But I do believe it will never happen again for altcoins, maybe it will but it will be different or there will be a new trend unlike before, there was ICO fever or other altcoins.
Speaking of the new trend DeFi will be going be just like before, well that's also what I think but I am more on impossible to happen. People already learned for sure.
jr. member
Activity: 38
Merit: 10
Bounty
Many say that Defi is just a hype, but I think that there are really interesting projects that will surely survive and grow even more over time.
The fact that there are a lot of scams, but after the hype passes, the best ones will remain and a lot of money will be poured into these projects.
member
Activity: 882
Merit: 17
i strongly believe that the Defi season has come to stay and it will last for a long period of time just like the traditional banking system has controlled finance and maintain top level in montary affairs. the DEFI season is quite different from ICO which involves funds raising which DEFI allows you to invest your money for a sutiable returns.
jr. member
Activity: 322
Merit: 3
Some of the projects that were already known to be De-Fi long before ICO season started were like BitRefill and they are legit. Now we are seeing lending pools and stablecoins pools are De-Fi project and added on top are the fanbois hoping to see huge gains. This all makes it seem similar to the hyped ICO pump of 2017.

However it does not mean that all of them are scams. But profitable to investors? Doubtful about it because ICOs were not legal securities and as long as this sector remains unregulated nothing good will happen to altcoins. You can only put your trust in one thing and that is bitcoin.

I remember a lot of coins were Proof of Stake. Now the buzzword seems to be DeFi.
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