Topic: Don't invest for quick gains only - page 10. (Read 2670 times)
Truth remains that most people jump on the bandwagon and follow crowd mentality. This isn't going to change anytime soon. However, what has been happening is that the more experienced members here are chewing on projects before investing in them because they've come to realize that in this industry nothing is so certain that it can't be doubted. I hope newbies see it this way too — this industry isn't a Get Rich Quick scheme. Take your time, research and peruse any project before investing in it. Don't change any by the hype they bring.
Investing in quick rich DEFi is dangerous, they actually have nothing to offer just a mad money and after then they are gone. I am in Chainlink and DIA.
but DEFI is very salable in the market, it is very unnatural if it is used by everyone, even Chainlink and DIA
sometimes their doctrine when doing marketing is an illusion for us, in order to invest. and the illusion can be lost during project execution. We are all forced to be skeptical of all transactions that take place on the internet, so that we have more experience and don't make a second mistake
Investing in quick rich DEFi is dangerous, they actually have nothing to offer just a mad money and after then they are gone. I am in Chainlink and DIA.
Actually these defi has no product yet but since the hype event these projects are become an money earning machine for others. I know that involving in such project is risky but the profit is great when you hit it right. Im also watching some defi at the moment but still confuse where to focus on my budget. 
A reason why many had come into crypto and invest it is that they always think about easy money, quick market gains, and be an instant millionaire which is definitely wrong and only just an imagination. Nah, they can find it in real life when they invest cryptos.
It actually we can make money from here and become profitable but we also have to realize and not being blind enough to see the true market condition and don't live into hallucinations. If we have a good choice of projects, it all becomes possible but if we're not, we have to know also the consequences awaited us.
It actually we can make money from here and become profitable but we also have to realize and not being blind enough to see the true market condition and don't live into hallucinations. If we have a good choice of projects, it all becomes possible but if we're not, we have to know also the consequences awaited us.
The risk behind our decision always follows after all, that's why we need to focus on strong community of a certain asset. Don't get affected and be fooled with new promises, which actually attracts us on several reasons and other brighter promotions. They're more eager to convince people but can't sustain along the way once the project completely launches their market.
Indeed, the defi project is currently popular and many beginners invest by following trends and quick research. They should be careful in choosing the right project and study it more deeply
Be informed that every Defi project are just finance offering project but 98% of them are hype and it will be up two years before we can actually know the project that have good utility among them. However, this is the danger some investors dont understand before put in their in Defi while some only invest in coin currently making waves in the market.
Who would wait for two years just to see which DeFi projects is actually real or which one will end up failing? I invested in DeFi projects to make money and that's all, I don't tend to hold for longer, just to ride along with the DeFi hype and make some money
If you invested in Defi in other to make some quick profit thats not a bad decision if you have the required knowledge and time. 
A reason why many had come into crypto and invest it is that they always think about easy money, quick market gains, and be an instant millionaire which is definitely wrong and only just an imagination. Nah, they can find it in real life when they invest cryptos.
It actually we can make money from here and become profitable but we also have to realize and not being blind enough to see the true market condition and don't live into hallucinations. If we have a good choice of projects, it all becomes possible but if we're not, we have to know also the consequences awaited us.
I can very relate to this one, There is time that my friend see me that I earn such amount of money in cryptocurrency and this instantly triggered them to ask me and teach them how to use and invest on it and they are thinking that I am earning easy money in crypto which is not true. Ups and downs can't be avoided if you are dealing with crypto and seeing only its ups will give a false impression about crypto that it's a money machine. It actually we can make money from here and become profitable but we also have to realize and not being blind enough to see the true market condition and don't live into hallucinations. If we have a good choice of projects, it all becomes possible but if we're not, we have to know also the consequences awaited us.
Today DeFi projects are being hyped up and I'm sure many who are unaware of crypto will think this as a money machine, I'm just hoping that they won't be scammed by fake scam projects because of being ignorant.
Investing in quick rich DEFi is dangerous, they actually have nothing to offer just a mad money and after then they are gone. I am in Chainlink and DIA.
Quick investment is good but most of the people who do quick investment only gain a very small amoint of profit. Bit i we do investment for a long term there are really a great advantage. Crypto is always high on volatility an patience is really important for is to gain huge amount of profit.
A reason why many had come into crypto and invest it is that they always think about easy money, quick market gains, and be an instant millionaire which is definitely wrong and only just an imagination. Nah, they can find it in real life when they invest cryptos.
It actually we can make money from here and become profitable but we also have to realize and not being blind enough to see the true market condition and don't live into hallucinations. If we have a good choice of projects, it all becomes possible but if we're not, we have to know also the consequences awaited us.
It actually we can make money from here and become profitable but we also have to realize and not being blind enough to see the true market condition and don't live into hallucinations. If we have a good choice of projects, it all becomes possible but if we're not, we have to know also the consequences awaited us.
Quick gains schemes and projects have seen loads of investors hit rock bottom in terms of their finances being lost. It pays to grow. There is nobility in growth. Grow your resources rather than rush into quick gain schemes and come back with regrets.
well, most cases of people who experience losses must be deceived like that and end up making them suffer very much because of being exposed to a scam which ultimately makes them distrust cryptocurrency anymore.
Quick gains schemes and projects have seen loads of investors hit rock bottom in terms of their finances being lost. It pays to grow. There is nobility in growth. Grow your resources rather than rush into quick gain schemes and come back with regrets.
Do not invest on DeFi projects that are just DeFi, make sure the DeFi project you pick has better utilities, ChainLink for example has Oracle to offer, few new DeFi projects I see lately are just using DeFi
name, be careful, Here are few lists of DeFi projects that are more than just the Hypes surrounding them because they actually have some to offer.
DIA
DIA (Decentralized Information Asset) is a Swiss not-for-profit and open-source blockchain project with a mission to drive the adoption of transparent, open-access data and oracles just like chainlink
https://diadata.org/
ORION PROTOCOL
Do you guys remember DYCO? That's a new crowdfunding strategy from Maker team and Orion Protocol is the first to try DYCO out and it was successful, Orion is building B2B and B2C solutions on the most advanced liquidity aggregator
https://www.orionprotocol.io/
COMPOUND
Compound is a money market protocol that lets users earn interest or borrow assets against collateral, all from the Ethereum blockchain. Compound was one of the first DeFi companies of this recent DeFi cycle to gain mass attention as their native token, COMP, skyrocketed in value before correcting to current levels.
https://compound.finance/governance/comp
CURVE FINANCE
Launched in early 2020, Curve allows users to trade between stablecoins with low slippage, low fee algorithm designed specifically for stablecoins. Curve is one of the early proponents of yield farming and currently offers 7 pools where users can stake stablecoins to earn rewards, such as new currencies.
https://www.curve.fi/
These are good examples of real use cases and these projects aren't here to take advantage of DeFi hype but to actually deliver real utilities, there are more good DEFi projects out there e.g Synthetix and Oikos Cash , do good research and avoid investing blindly for quick gains, thank you
name, be careful, Here are few lists of DeFi projects that are more than just the Hypes surrounding them because they actually have some to offer.
DIA
DIA (Decentralized Information Asset) is a Swiss not-for-profit and open-source blockchain project with a mission to drive the adoption of transparent, open-access data and oracles just like chainlink
https://diadata.org/
ORION PROTOCOL
Do you guys remember DYCO? That's a new crowdfunding strategy from Maker team and Orion Protocol is the first to try DYCO out and it was successful, Orion is building B2B and B2C solutions on the most advanced liquidity aggregator
https://www.orionprotocol.io/
COMPOUND
Compound is a money market protocol that lets users earn interest or borrow assets against collateral, all from the Ethereum blockchain. Compound was one of the first DeFi companies of this recent DeFi cycle to gain mass attention as their native token, COMP, skyrocketed in value before correcting to current levels.
https://compound.finance/governance/comp
CURVE FINANCE
Launched in early 2020, Curve allows users to trade between stablecoins with low slippage, low fee algorithm designed specifically for stablecoins. Curve is one of the early proponents of yield farming and currently offers 7 pools where users can stake stablecoins to earn rewards, such as new currencies.
https://www.curve.fi/
These are good examples of real use cases and these projects aren't here to take advantage of DeFi hype but to actually deliver real utilities, there are more good DEFi projects out there e.g Synthetix and Oikos Cash , do good research and avoid investing blindly for quick gains, thank you
i think you forgot to write about Oikos my friend
a defi type project born in Torn, and i think this project will be huge in the future
Well, you cannot tell people why they should invest because we have two types of investors, the short term investors who trade for quick gains, and the long term investors who trade based on future Perspective price of the token or project
Do not invest on DeFi projects that are just DeFi, make sure the DeFi project you pick has better utilities, ChainLink for example has Oracle to offer, few new DeFi projects I see lately are just using DeFi name, be careful,
i agree with you, do not pick the wrong defi project
because in the hype of defi, a lot of new project born with defi name
remember everyone to do a deep research before drop your monet
It's something that is kind of hard to tell people believe me because everyone wants something that is fast. But we have to make a decision to put things in the right structure such that Investment won't be alone for quick profit but also for the realization of project purpose which depends on the team
Every time I invest I always look for their purpose in the market and what kind of services that can offer to us that can make them more valuable in the future and help us make money as well so this advice is indeed a must thing to do before investing. If you don’t have much experience with cryptomarket, well I’m telling you that many of the project here are just pure hype and just a copy paste of the old system same as DeFi right now. The list of DeFi on OP is great, I know DIA can make it more profitable soon so watch this project.
It is not just DeFi, but is applicable to all good projects. We should never expect quick gains. We should look at the long term perspective. The project mentioned seems god. Except for DIA I do not know other projects much, but DeFi is definitely a new attraction at the moment in the crypto world.
You are right mate. So many new traders investing money and want gain in short times. But It's risky. I think they should not think about quick gains
I think DIA is the most trusted and real DeFi Based project. Investors already made huge profit. But I think DIA will do more great job and price will good Enough
I think DIA is the most trusted and real DeFi Based project. Investors already made huge profit. But I think DIA will do more great job and price will good Enough
Altcoins are not really good for the long term, I invested a lot of altcoins in 2018 but they did not yield too many good results. The price has dropped several times and now those projects are completely dead and there aren't any updates. If you want to be safe in the long term, you should invest in Bitcoin and ETH
You have narrated the experience of many but you can't keep looking at the past or your investment that didn't grow and then you don't move forward by trying to reinvest. 2018 wasn't a good year for cryptocurrency investment but this year and more years to come can be better. The projects that Op listed can make it longer.
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