Topic: History will be repeating itself, invest wisely. - page 7. (Read 1086 times)
Thats true mate, history keep repeating itself and it happened before it will happen again today same as 2017-2018 Bullrun when many people getting the FOMO trap and buy every coin/token that they believe was good and suddenly the market is crashed and many investors were affected and left the crypto space its the same in today's Defi crazed after the market is crash many investors left the crypto space as well.
We need to reduce greed and consider it carefully before investing. I believe that there is nothing good or free that is easy to buy so we need to have an objective view of the market. Currently, the projects are increasing in value too quickly and the risk of investing at the moment is enormous. Those who have not invested in the previous months should wait rather than invest now.
I see this is almost similar to previous history, especially beginners should learn from previous people, this kind of sushi project will continue to grow where there is a trend in the current market about Defi or stake, people will be happy with fast money so they waste money they are scammers, that's strange, hopefully beginners want to learn about the previous history so that everything is safe investing
I've always chosen to stay away from high yield investments because of the intensity of the risk involved. Defi projects has no doubt been very lucrative, but we've seen crazy dumping in its value over time. Despite the trend of Defi projects collapse, more are still being established and people are buying the tokens massively.
Because people think they can earn a lot if they invest early in a project that's why many of them invested even they know that this is also a high risk invesment . That -50% is a wake up call that it can also happen to every defi project -50% is too much lost in normal investment they should always think carefully before investing or else they can lost a lot investing in new hype project.
I've always chosen to stay away from high yield investments because of the intensity of the risk involved. Defi projects has no doubt been very lucrative, but we've seen crazy dumping in its value over time. Despite the trend of Defi projects collapse, more are still being established and people are buying the tokens massively.
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.
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