How are you staying updated - page 2.

Cnut237

legendary

Activity: 1904

Merit: 1277

Quote from: bitterbit on September 16, 2020, 03:09:54 AM

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?

There is a danger inherent to being the first to jump in. This suggests that you want to buy just because it is DeFi, rather than through a full assessment of the project, its aims, its strengths and weaknesses. FOMO isn't usually a great reason to buy in. I would advise not to jump in until you have completed the necessary research. This way you may lose a bit of profit if it's a good project, but you also save yourself the possibility of being a bagholder of something that will crash to $0.

yulchatar

full member

Activity: 910

Merit: 100

I think this topic will be useful to you -
https://bitcointalksearch.org/topic/m.55090392
All the most relevant resources are collected here, where you can find the information you need.

Reid

hero member

Activity: 2912

Merit: 642

Well, this forum is the best news outlet you can get.
Better actually.
Most members here are trying to filter DeFi projects. Isolating scam with good ones.
But, there is still no assurance with that.
After reading a good review from it, make your own deep research about the project you want to jump in.
You lose nothing by being too careful.

Indymoney

full member

Activity: 896

Merit: 236

Currently we have many good and useful ways to staying updated in this crypto world few one already mention in early posts but I want to mention few more www.twitter.com is really useful tool for this as well and www.coindesk.com these both giving update news on time for more latest updates few blogs also working but you have to do some search for this as well.

Zeehaxan

member

Activity: 294

Merit: 10

WhalesHeaven - Custody Free Swap Exchange

There are many people like you who are just chasing each and every defi project but this strategy is quite risky and you should be careful about where you are investing your money. For info about you can visit this forum regularly or be active at social media and cmc.

memed97

full member

Activity: 1148

Merit: 101

It's very easy, it only takes 5 hours a day to research and read the latest news on every official website, so you will always get all the latest information you want, the point is you have to always be active to find new information.

Viscore

hero member

Activity: 3038

Merit: 647

Just keep calm, don't rush into them unless if you know everything on a certain project. I hope you'll never forget the 2017 hype, a lot of people come into crypto, putting their hard work money, and then lose them all. That will also happen to us if we don't be careful this time. Because promising projects will surely be stayed in hype at any time, unlike into shit projects that only driven by hypes just to see it surging and after that, they're dead.

cryptomaniac_xxx

hero member

Activity: 1344

Merit: 540

Quote from: bitterbit on September 16, 2020, 03:09:54 AM

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?

Coinmarketcap or coingecko, and then follow the official twitter if there is one. But let me remind you of the dangers about the whole Defi ecosystem, tokenomics right now because it is very toxic to say the least. There are a lot of projects that turns to be a scam in the end. So always do your own investigate or better yet, stay away from the defi hype if you are unsure of.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Why do you want to stay updated with the defi project? Is it because the trend now is defi, so you decide to follow every defi project news and find the potential defi project that can bring you a big profit? I hope you know what you want to do, so you can prevent from getting the scam by that project. I won't say that all defi project is a scam, but I am worried if some defi project can turn to be the scam project. I don't know where you can find the updated news of the defi project, so I can suggest you search for the other project rather than search for the defi project.

livingfree

hero member

Activity: 2814

Merit: 578

Just like the usual resources on different websites. I'm not a defi investor but you can use that strategy.

https://coinmarketcap.com/defi/

https://cointelegraph.com/tags/defi

https://defirate.com/newsletter/

https://defiprime.com/

Genemind

sr. member

Activity: 1596

Merit: 335

Well, the risk of joining the hype and new projects is really high. The profit could really be enticing, but the risk also follows. There had been news of DeFi exit scams and do not rush on joining any projects just because DeFi projects are extremely hyped today. Always stick on doing your own research before engaging your self to any project.

pungopete468

hero member

Activity: 1470

Merit: 504

Quote from: bitterbit on September 16, 2020, 03:09:54 AM

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?

First grasp? To be able to be the first investor in order to maximize a profit from DeFi or other projects you should know a lot of things first about that project I, myself didn't exactly know how to check if the DeFi projects are real and some users are too greedy to be the first one and didn't manage to review it and ended up losing their money I really think it's alright not to be the first one as long as you know that it is safe you can just wait for other DeFi projects that will gain reputation in long run and invest on it but if you really want to invest on new projects well the risk is high if you don't know things you should be looking or checking.

Iyeman

sr. member

Activity: 1183

Merit: 251

I think that if you are not having a lot of experience in the coding and then just try to avoid to get into the hype. So many investors and newcomers have been getting scammed caused by the dev was putting the unlimited minting function. Even when it was traded on the good exchange site didn't mean the project can perform very well for the investors.

You should think for a twice to join in the any defi platform. As you can see that there are scam defi coins these days. Just try to follow the legit source to get the new information regarding the upcoming legit defi.

GeorgeJohn

hero member

Activity: 1470

Merit: 711

Instant cryptocurrency exchange with own reserves!

Quote from: sangjoewara on September 16, 2020, 04:09:32 AM

It is very easy to do that, because if you want to always be updated on the latest information about anything including cryptocurrency, then don't be lazy to read and see official places that often provide useful news for everyone, so you will always have the opportunity to take advantage of existing opportunities.

In additions via your comments, anyone that wants to be updated concerning bitcoin forum and cryptoccurrencies have to access internet, and
Make a proper research through Google or YouTube video to verify what ever he needs. All these can equally find in social Media's such as Twitter and Instagram and telegram.

Marble777

member

Activity: 736

Merit: 11

I am quite active on the icodrops telegram channel, there is a huge crypto community as well as updates for any new projects that will emerge. but make this as your reference material and not to be used as the main benchmark. besides that, you need to be active on this forum, especially in the bounty section and accusations of scam projects.

Casdinyard

hero member

Activity: 2086

Merit: 883

Leading Crypto Sports Betting and Casino Platform

Quote from: bitterbit on September 16, 2020, 03:09:54 AM

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?

If you aren't knowledgeable enough in the crypto community especially with regards to DeFi, better not to engage nor look for upcoming and newly made projects out there. If you were old enough in this forum, you might remember nor experienced being scam with a lot of bounties back then tha published so many fake updates and statistics that even and almost all of its participants and investors are fooled. Same as on some DeFi projects, better know if one is legit but knowing such takes too much time and effort, and not based on their updates alone.

If you want to be the first to grasp the opportunity, better know as well that you can be the first to grasp the risk and the danger with engaging on certain projects. Being updated isn't just because we searched nor there's a community that tells us which and what are legit and should be invested. Being updated is because we took so many time that we research thoroughly first before committing.

sangjoewara

full member

Activity: 1050

Merit: 100

It is very easy to do that, because if you want to always be updated on the latest information about anything including cryptocurrency, then don't be lazy to read and see official places that often provide useful news for everyone, so you will always have the opportunity to take advantage of existing opportunities.

Lagduf

sr. member

Activity: 1162

Merit: 260

Quote from: bitterbit on September 16, 2020, 03:09:54 AM

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?

I just actively watch the defi search group as there will always be active members who will always give a new update about that and here's the link https://t.me/defisearch

But on another side, I'm also watching the icodrop telegram group to get the latest update regarding defi.

Both were always giving the regular news about defi or the new defi project but again DYOR is a must.

xenon131

hero member

Activity: 487

Merit: 1259

First to be ripped off? Let me give an advice- stay aside DeFi unless you are skilled enough to check all involved smart contracts by yourself. Many of them are hastily written and contain errors that make it possible to steal your money. Hasn't SushiSwap taught you anything?

bitterbit

member

Activity: 98

Merit: 11

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?

Topic: How are you staying updated - page 2. (Read 401 times)