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Topic: Don't invest for quick gains only - page 12. (Read 2687 times)

member
Activity: 336
Merit: 10
August 28, 2020, 11:08:58 AM
#43
Its depend by our own strategy, take profit as soon as possible or hodl and trust the coin or token future and im agree with you we have to do deep reaserch with the project
Just take the defi hype or really take defi as main focus from the first time
coin that youre mention like DIA, COUMPOND still have good price until now
I believe the project still have a good future in couple years
hero member
Activity: 2268
Merit: 789
August 28, 2020, 11:02:31 AM
#42
I think the title of the thread is highly misleading- it should be about quick investments offered by several DeFi projects and not because of quick gains.

Cryptocurrencies are volatile and decentralized in nature. Meaning, its price on the market may change quickly depending upon several factors/circumstances. There are situations wherein a person acquires cryptocurrencies on a low price and they quickly sell it once the price goes above the initial price they acquired it. This falls on the category of 'quick gains' and it is relatively advantageous on him.

There are several Decentralized Finances (DeFi in short) that claims offer high returns in a short amount of time. I think that is where people should watch out for especially that tons of scammers are evolving also.
legendary
Activity: 2716
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
August 28, 2020, 10:55:11 AM
#41
well, we don't know which new project will have the potential mentioned. however, lucky enough for those who have taken part in projects like DIA, and the projects mentioned. this, can be followed because of in-depth research, and also selective in choosing projects.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
August 28, 2020, 10:47:38 AM
#40
This is really cool, thanks mate, indeed a reminder for people to know it's not just about attaching defi to the name but make research to what the project really have to offer, there are some few that you can hold for long term,so research is important
I agree from what OP said. If were targeting to long term investment, its not really advisable to buy tokens that have quick increase of its price. Its only takes a few months then it will result to low value of the tokens. Better to see the big picture and invest to high profile project. I know DIA and i think its a good project, unluckily i'm not be able to joined it their campaign and support them.
Hype tokens have always been an interest in investing in trendy times, especially when defi has been widely known so people will know what term investments they are implementing always take advantage of opportunities where trends are happening, I always see DeFi projects that continue to develop rapidly because they have a lot of support from investors and get a lot of attention therefore futures investment depends on each one.
member
Activity: 1358
Merit: 10
www.cd3d.app
August 28, 2020, 10:40:49 AM
#39
Many scandalous projects are currently using DEFI, many were not in DEFI in the beginning. By doing this they will cut back on the good value of their currencies and in the end investors will lose their money. If you want to invest in a project it should really be seen and studied, not just invest for quick profit. Then you too will lose capital by being deceived by these scandalous projects.
sr. member
Activity: 882
Merit: 253
August 28, 2020, 10:07:15 AM
#38
This is really cool, thanks mate, indeed a reminder for people to know it's not just about attaching defi to the name but make research to what the project really have to offer, there are some few that you can hold for long term,so research is important
I agree from what OP said. If were targeting to long term investment, its not really advisable to buy tokens that have quick increase of its price. Its only takes a few months then it will result to low value of the tokens. Better to see the big picture and invest to high profile project. I know DIA and i think its a good project, unluckily i'm not be able to joined it their campaign and support them.
full member
Activity: 364
Merit: 130
August 28, 2020, 09:56:31 AM
#37
I am happy that at the moment there are still a few scam defi projects, remembering 2017, there were scam projects every day.

Come on dude, why are you happy to see many projects Defi is a scam?
Don't you think about how many investors have lost much money in the market?

I think, with the increasing number of Defi projects that are a scam, it will further worsen the image of Cryptocurrency in the eyes of the common people.

Are you happy that the Cryptocurrency image is getting worse?
sr. member
Activity: 980
Merit: 250
August 28, 2020, 09:52:28 AM
#36
true it must be considered, because nowadays many scam projects use the name deFI just to attract investors. so even though there are currently many deFI projects that exist, we must try to be careful and also analyze each project before investing
make a deep research and analize before decide in which project we will join. dont ever feel we will miss the train will hype occur in one project. most of investors now interested with Defi and they put big hope to get profit from this ,but unfortunately sometime they forget to analize it.
full member
Activity: 271
Merit: 100
August 28, 2020, 09:33:48 AM
#35
Curve should be removed from your list as curve offers nothing, I'm not even sure if people are wanna using it as their long term investment.

The utility was a very important thing but the tokenomics mechanism that has already used by team matters a lot too.

Rather than curve and i personally think that stafi is much better.
full member
Activity: 733
Merit: 100
August 28, 2020, 09:32:46 AM
#34
true it must be considered, because nowadays many scam projects use the name deFI just to attract investors. so even though there are currently many deFI projects that exist, we must try to be careful and also analyze each project before investing
member
Activity: 728
Merit: 63
$CYBERCASH METAVERSE
August 28, 2020, 09:27:10 AM
#33
Quick gains are not appropriate for a businessman. Because who wants to become a businessman has to work in a long way. But those who want immediate earnings and not passionate at a business can invest for a short time for quick gains.
newbie
Activity: 9
Merit: 2
August 28, 2020, 09:02:54 AM
#32
Yes,Some defi project really good.Like a dia & oikos really good project.This is different projects.I investment Dia token.Mid term investment good profitable.Investment is risky but good project investment good profit & life successful.So I there for don't investment quickly.First this project Ida & knolage than investment this project.Day by day defi project accepted most people.Most crypto people investment defi project.I believe defi project.
jr. member
Activity: 154
Merit: 1
August 28, 2020, 09:03:26 AM
#32
It's wise to be watchful in this space, they've 'been several fast growing projects that have caught the interest of the market and it seems everyone is talking about them, but it's best to watch closely before joining, so you don't get burnt. The best way to go about investing is to consider the use case of the project before deciding, because the use case has a valid influence on the value of the tokens.
hero member
Activity: 2828
Merit: 518
August 28, 2020, 08:54:16 AM
#31
Maximum DeFi projects are hype but DIA is different. It is a good project and token for long term investment is good for profits. Now DeFi trends ongoin and many investors are running behind any DeFi project without proper investigation that is very bad for the markets. We should realize that all DeFi projects aren't good and mostly hype.
The bolded one is the most common mistake for newcomers. They often neglect to see the capability of the project but overly acted on the price and invest, and then lose after. I used to scout Defi projects this time and most of them surging high, but the problem is not all of them it looks promising and it gives me a hard time deciding which one.

Hypes are very entertaining but the risk also is high. I deserve to be bash because of not believing them and I can't push myself to do it because deep inside, worries still come out and doubtful. To the fact that I was not looking for easy money, I'd rather have to keep Bitcoin rather than considering Defi projects. I can wait for the right moment to come.
full member
Activity: 1099
Merit: 116
August 28, 2020, 08:43:41 AM
#30
Maximum DeFi projects are hype but DIA is different. It is a good project and token for long term investment is good for profits. Now DeFi trends ongoin and many investors are running behind any DeFi project without proper investigation that is very bad for the markets. We should realize that all DeFi projects aren't good and mostly hype.
full member
Activity: 1382
Merit: 105
August 28, 2020, 08:43:33 AM
#29
Before investing in any DeFi project, you should need to research the project, and most of the projects are coming on DeFi features in different blockchains based on Ethereum, Tron, and some others. The new projects adding features for DeFi so that they can be sold their tokens or coins, so I suggest DIA Token for investment that is looking good. Still, when it was launched, you should invest in DIA that time price was $1 and now more than $3, so keep eyes on the best project for the future to be invest.
legendary
Activity: 2576
Merit: 1043
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August 28, 2020, 08:27:39 AM
#28
I'm not investing into new projects already.
There are so many coins that are there for a long time already. Why bother to invest into these coins.

Investing for quick gains?? You should just do normal trading then or margin trading at least since you can earn profit there quicker than just investing and holding.
The DeFi hype is real already and I will say it again, what happened in ICO 2 years ago where there was a lot of hype but slowly declining because of the scams that happened will also happen into this. I'm 100% sure of that.
full member
Activity: 1386
Merit: 101
ComboLabs
August 28, 2020, 08:23:45 AM
#27
Cryptocurrencies are already famous for their fast profits, and the increase can also be said to be very high if you are lucky, no wonder people want that,
provided that you have the skills to invest in cryptocurrency and you will be safe
full member
Activity: 630
Merit: 102
August 28, 2020, 08:19:32 AM
#26
Nice to see some members here doing their own research for this.
Not all will have that kind of effort to do so.

Anyway, even with all the listed projects here, to those who want to invest with DeFi please dig deeper.
This might become like an ICO hype and scammers will be lurking around.

I agree with you, that some people are too passionate to see a project that is actually a fraud and even tend to be lazy to look in more detail, indeed nowadays we are busy talking about the DeFi project, but the lack of information makes many people not aware of this, that's why a lot being a victim of losing a lot of money, I think IEO is the most appropriate solution for investing compared to ICO / DeFi ..

This is just my speculation, depending on how you see that side of the project !!
member
Activity: 1764
Merit: 10
August 28, 2020, 08:13:04 AM
#25
Quite right, as always you need to study every cryptocurrency project in which you want to invest and for DeFi projects this also applies, because many cryptocurrency companies simply use DeFi hype for their own purposes.
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