End of Defi hype! Time to invest in real business with real products? - page 4.

Zeehaxan

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Quote from: silkbitcoin on October 20, 2020, 03:03:23 AM

End of Defi hype! Time to invest in real business with real products?

Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!

What real businesses with real products will you recommend? I agree that defi hype is kind of over but good defi projects will still thrive.
And as far as investing is concerned only btc and eth seem seriously bullish to me so i will hold and wait for these two to moon.

aemma

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Well for some people, the DeFi ride was worth it and for some, it was regrettable and also it looks like the hype ended faster than it started. Nevertheless, the year is coming to an end and people are already looking towards the next hype or trend but it is also good to learn from all these hypes that any project based or built on hype do not last and only the early investors seems to enjoy such projects.
Also, I will not fail to say there were Defi projects which tried their best to ensure decentralized finance was achieved such as Compound, at the same time, there are others which dumped on their investors and exited scam.
Lastly, another lesson which can be gotten from this DeFi trend is, always make your research and don't be carried away by hype that you don't know when to stop. Furthermore, investing in genuine projects is always a good idea.

ethereumhunter

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We don't know it, but it could be almost ended because the DeFi trend is slightly down, even YFI is down deeper. I don't know if the YFI price can increase back or not because I guess many people still expect to see the price increase again. But we will see it what happens with the DeFi projects, and if the time for the DeFi project to end, it will not have a chance to increase.

rmyles25

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Probably just calming a bit but the bubble hasn't burst yet. For if it is so, it might cause a lot of liquidation or some yearn tokens losing lots of value.

thesmallgod

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A lot of dev take advantage of the DeFI and we it was not long when we started seen many useless project using DeFI as a means of raising money. Anytime a new innovation is introduced, people take advantage not because they have something to offer but just because they want to make quick money from investors. Even though the hype is down, any defi project that can proof themselve of having an innovative solution to a specific problem that can be solve using defi will still be successful

Maxstl007

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Quote from: silkbitcoin on October 20, 2020, 03:03:23 AM

End of Defi hype! Time to invest in real business with real products?

Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!

It's not over yet, whatever dump you are seeing lately is nothing but correction, bitcoin is surging and that's all that matters, if Bitcoin keeps surging DeFi projects will bring the most insane profits of all few months later, Bitcoin will reach a state where it's dominance will decrease alot and whales will drop out from Bitcoin and pump money into altcoins

puremage111

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Don't think DEFI Hype has ended
Look at DEFIPulse

The money locked in over time is crazy, the TVL (Total Value Locked) is getting higher and higher overtime

Greatdev

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Quote from: Bitcoin-Pro on October 20, 2020, 04:19:52 AM

defi bubble already burst.
i'm buying old established coins as like Litecoin.
Eth is good too but i worry it will follow DeFi falling.

And if Ethereum claims it's old 4 figure value back again what will you think will happen to the few DeFi projects that are still standing? For example, Chainlink, can you tell me the exact project in crypto space that drives it's hype for a complete year? No single one, not even bitcoin, when crypto projects starts surging it's only going to last for days, weeks and few months, that's it. Nothing last forever

Greatdev

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Sovryn - Brings DeFi to Bitcoin

Quote from: silkbitcoin on October 20, 2020, 03:03:23 AM

End of Defi hype! Time to invest in real business with real products?

Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!

And who told you that all DeFi projects don't have real products? I see you are a newbie, you'd better spend time learning what few DeFi projects have in stock, projects like Polkadot, Chainlink, Synthesis aren't here to play, not all DeFi projects are complete waste of time and money, DYOR

naska21

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Quote from: amishmanish on October 20, 2020, 03:37:14 AM

The hype about jumping onto the highest APY and farming the shit out of it is definitely over. As with every hype cycle, there aren't enough new people to fool i guess. Information travels fast these days. So everyone knows now not to lock funds in anon accounts and if they give you free money to build trust then you take that money and then scoot. Not take it as a signal to invest more.

So now that the dynamic has changed, the hype generated due to scammers is low. Those people who still believe that there are rich mofos out there who want to put money in novel areas are continuing to come up with more financial jugglery into DeFi space. I keep saying this but DeFi is just crypto-devs wanting to replicate big finance. The good/ bad thing (depending on how you see it) about it is that you don't need a sophisticated degree or anyone's permission to gamble money into it.

"farming the shit out of it ' - well said, exactly follows my thoughts on the topic. I feel bad for those who drowned their money in this shit but they were to blame themselves. Now the real players will appear in the arena, not the scammers that have tarnished the whole idea. I think Corda made the first shot in this Defi battle. "R3's public Corda Network gets its first token 'XDC' for DeFi and CBDC projects".

kentrolla

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Time to wake up before getting scammed yes Defi hype was a hot topic for couple of months and now many of them are scared to invest in this.

A lot of articles has been released on this Defi project, analyst say 99% of these projects are scam. I was wondering like Defi will be the future of crypto but thank God now I came to know it's a real danger for investment.

masterrex

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Quote from: silkbitcoin on October 20, 2020, 03:03:23 AM

End of Defi hype! Time to invest in real business with real products?

Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in a real business with real products!

I agree with that observation mate, and I think the Defi crazed is already subsided and leaving huge losses to those who ride it without taking precautions, and we can see it in the social media post particularly on Twitter investors are regretting, for me that was a part of the crypto reality thats why take extra precaution next time when you riding on any crypto hype, By the way, let us get back into business with the real crypto projects that have a use case and real product to offer.

Gozie51

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Quote from: pungopete468 on October 20, 2020, 03:51:39 AM

Not quite sure if they are ended already it seems that the DeFi hype just run didn't last long, I've seen multiple DeFi scams I think that most of the investors get scared on investing to it. Let's hope that there would be a real product in the future right now I never seen any valuable.

The lessons of ICO fall has brought many investors to their toes and many won't just put money in every project. Is just like many who have felt the bad side of ponzi schemes would not rush into any new kind of reformed ponzi. DeFi came in a rush, it is an early comers benefit project. Take your profit and wait is what investors have experienced.

Quote from: Bitcoin-Pro on October 20, 2020, 04:19:52 AM

defi bubble already burst.
i'm buying old established coins as like Litecoin.
Eth is good too but i worry it will follow DeFi falling.

This seem like the most appropriate kind of investment to keep your investment.
By the way etheruem isn't following DeFi in anyway. Etheruem has different and solid features far against DeFi.

Snappycoco

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I just didn't see it coming. Too fast to go down even if its like blooming yesterday. I think its all because of the issues accompanied with it. Scams are all over the hype and someone's trying to destroy it.

Bitcoin-Pro

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Quote from: aioc on October 20, 2020, 05:17:42 AM

Quote from: silkbitcoin on October 20, 2020, 03:03:23 AM

End of Defi hype! Time to invest in real business with real products?

Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!

I'm glad that the DeFi hype is over the gas price is back to normal and people can now go back to Ethereum trading the highest price of gas fee that I traded was $8 and I'm not used to using that high gas fee, and you are right people are going to lose on hype they should now go long term and find those projects that will last long term with real use case.

$8 for tx fee still too high. LTC (litecoin) tx fees is about $0.0001 and it confirms within 3 minutes.

Bitbuffalo

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Quote from: silkbitcoin on October 20, 2020, 03:03:23 AM

End of Defi hype! Time to invest in real business with real products?

Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!

Have you seen fiscus.fyi before? They combined DEFI and gambling dapps! And NFT's incoming! $uFFYI $FFYI

SO yeah time to invest in real projects!

celot

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Defi have ended as soon as possible because not getting support from investor for holding Defi coin for long time, many investor just make Defi coin as monkey business where have short moment and not profitable for holding in long time. The same with farming coin after success YFI reach bitcoin price and have many farming other coin but now have bad result with lower price and some become shit coin. I am lucky not interested with farming coin and not lost more on Defi coin project. Maybe we will get new moment about new coin again and waiting what the label and named for the next coin project.

aioc

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Quote from: silkbitcoin on October 20, 2020, 03:03:23 AM

End of Defi hype! Time to invest in real business with real products?

Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!

I'm glad that the DeFi hype is over the gas price is back to normal and people can now go back to Ethereum trading the highest price of gas fee that I traded was $8 and I'm not used to using that high gas fee, and you are right people are going to lose on hype they should now go long term and find those projects that will last long term with real use case.

Bitcoin-Pro

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defi bubble already burst.
i'm buying old established coins as like Litecoin.
Eth is good too but i worry it will follow DeFi falling.

gabbie2010

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Quote from: silkbitcoin on October 20, 2020, 03:03:23 AM

End of Defi hype! Time to invest in real business with real products?

Gas prices at 6 months low!!

DEFI hype investment hypes are over! it is really a time to invest in real business with real products!

Anything thing that has beginning must have an end, few genuine DeFi projects has been overshadowed by scams some investors who were lucky invested early enough make profits and quit while some greedy ones fell for the hype and eventually got scammed, as you rightly said its time to invest in real coin BTC had been bullish lately so also ETH there are some viable altcoins that might pump 5x, 10x in the nearest future thus thorough researching will ensure making such profits.

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