Topic: I am curious about people's opinion of DeFi projects and coins - page 2. (Read 689 times)
September 08, 2020, 02:31:17 PM
Now it looks like investors are starting to shift their investment into projects that do use the defi system, and of course this is very reasonable because a few months after the defi system was introduced, many alt coins that were incorporated in the defi system experienced a quite fantastic price increase, and even jumped almost 300% of the price Listing of coins such as YFI coin (yearn finance) which currently has great popularity and even beats the popularity of bitcoin in the market, but it looks like defi is a temporary hype that happens like other altcoins that bubble and in some times the bubble / hype will disappear so the price will fall back down in the future.
September 07, 2020, 06:25:49 PM
Before this year end only you will see the coins, which are not worth it or just in hype those rose will crumble and fall badly. It’s not going to be long and many of them which has rose too much in last month or so without any major reason will have its falls too.
altcoin season is still not coming, maybe 2021, we will see the most exciting things again
September 07, 2020, 12:50:10 PM
For now there is not enough time to assess, It takes enough time to find out such as ICO, IEO and others. Currently DeFi is quite attractive to the public and also many who invest, but several projects also show that they are a scam. So it's like the first year when the ICO appeared, many projects were committing scam.
As long as the cryptocurrency market is not strictly regulated you could expect scammers taking advantage of the market, even in a regulated market you will find scammers gaming the system and scamming and when you have a market when there is nothing you should be careful with the way in which you invest your money as it is hard to understand whether the team behind the project are genuine and whether they will fulfill the promise. There is no doubt that the trend is DeFi and if you are not careful you will burn your investment.
September 07, 2020, 11:38:46 AM
For now there is not enough time to assess, It takes enough time to find out such as ICO, IEO and others. Currently DeFi is quite attractive to the public and also many who invest, but several projects also show that they are a scam. So it's like the first year when the ICO appeared, many projects were committing scam.
September 07, 2020, 11:27:31 AM
I have heard the defi but as I have predicted before and this defi was the same like the defi hype. All of defi coins especially that used the name of yearn as a part of its name have already plunged to the bottom.
It's very bad to see that but this is how the bubble works today when everything was getting pumped and then dumped again.
Defi hype just like a timebomb that none know when it will be explode and so many investors will be trapped.
It's very bad to see that but this is how the bubble works today when everything was getting pumped and then dumped again.
Defi hype just like a timebomb that none know when it will be explode and so many investors will be trapped.
September 07, 2020, 11:09:41 AM
Of course I often hear DeFi, especially in 2020 there will be hype for all DeFi projects, surely the news has spread everywhere.
Especially on websites that cover business and the economy, and related articles in Forbes should make DeFi more popular.
And I believe investing in DeFi projects can provide a very big return, and there must be many people who think like me.
this year has left a few more quarters. And I think Defi could be a trend until next year if there weren't too many scam projects published in the market. it could affect and it might be quicker to collapse.Especially on websites that cover business and the economy, and related articles in Forbes should make DeFi more popular.
And I believe investing in DeFi projects can provide a very big return, and there must be many people who think like me.
Before this year end only you will see the coins, which are not worth it or just in hype those rose will crumble and fall badly. It’s not going to be long and many of them which has rose too much in last month or so without any major reason will have its falls too.
September 07, 2020, 09:34:42 AM
Of course I often hear DeFi, especially in 2020 there will be hype for all DeFi projects, surely the news has spread everywhere.
Especially on websites that cover business and the economy, and related articles in Forbes should make DeFi more popular.
And I believe investing in DeFi projects can provide a very big return, and there must be many people who think like me.
this year has left a few more quarters. And I think Defi could be a trend until next year if there weren't too many scam projects published in the market. it could affect and it might be quicker to collapse.Especially on websites that cover business and the economy, and related articles in Forbes should make DeFi more popular.
And I believe investing in DeFi projects can provide a very big return, and there must be many people who think like me.
September 07, 2020, 08:51:37 AM
Of course I often hear DeFi, especially in 2020 there will be hype for all DeFi projects, surely the news has spread everywhere.
Especially on websites that cover business and the economy, and related articles in Forbes should make DeFi more popular.
And I believe investing in DeFi projects can provide a very big return, and there must be many people who think like me.
this year has left a few more quarters. And I think Defi could be a trend until next year if there weren't too many scam projects published in the market. it could affect and it might be quicker to collapse. Especially on websites that cover business and the economy, and related articles in Forbes should make DeFi more popular.
And I believe investing in DeFi projects can provide a very big return, and there must be many people who think like me.
September 07, 2020, 07:04:09 AM
Of course I often hear DeFi, especially in 2020 there will be hype for all DeFi projects, surely the news has spread everywhere.
Especially on websites that cover business and the economy, and related articles in Forbes should make DeFi more popular.
And I believe investing in DeFi projects can provide a very big return, and there must be many people who think like me.
Especially on websites that cover business and the economy, and related articles in Forbes should make DeFi more popular.
And I believe investing in DeFi projects can provide a very big return, and there must be many people who think like me.
September 07, 2020, 06:11:48 AM
Recently, a good friend of mine from another city reached out to me inquiring about DeFi and wanting my advice. I just simply tell him not to jump in immediately to invest in DeFi project or coin and start doing his own research by searching on Google, Youtube or right here on Bitcointalk.
It's all about learning the mistakes from the past regarding our immediate decision to jump in rather than researching that coin or project first. And not only that, when circumstances happen, we must be fully equipped with risk management. It's all about preparing our mind when things go downward, and to only invest what we can afford losing.
It's all about learning the mistakes from the past regarding our immediate decision to jump in rather than researching that coin or project first. And not only that, when circumstances happen, we must be fully equipped with risk management. It's all about preparing our mind when things go downward, and to only invest what we can afford losing.
Problem is if you search on youtube especially (and anyway most Google search results) you are going to watch some video form some influencer telling you some crazy stories of profit. Then you are off spending your hard earned money to invest.
Just be careful and consider this a gamble, every deposit consider a loss. Then you are fine.
September 07, 2020, 05:43:19 AM
the development of defi is very rapid an increase of up to many times is a concern of crypto users including me many are waiting for the next project defi
and I hope it will give a lot of profit so that crypto is more advanced in the eyes of the world
and I hope it will give a lot of profit so that crypto is more advanced in the eyes of the world
September 06, 2020, 06:27:46 PM
There’s a good opportunity for a DeFi project but I don’t think they’ll replace any institutions because people still believe on fiat money and of course, this is not bitcoin. Well, the hype is still here and so many scam DeFi and if this continues it will just like an ICO and became unpopular later on.
Defi is different from ICOs, it's just that now many new ICOs use Defi as their success tool, and this makes Defi a scam project, but if you follow a big project like Defi on Ethereum or EOS, you will not be hit by a scammer.
September 06, 2020, 05:16:31 PM
There’s a good opportunity for a DeFi project but I don’t think they’ll replace any institutions because people still believe on fiat money and of course, this is not bitcoin. Well, the hype is still here and so many scam DeFi and if this continues it will just like an ICO and became unpopular later on.
September 06, 2020, 01:36:01 PM
Recently, a good friend of mine from another city reached out to me inquiring about DeFi and wanting my advice. I just simply tell him not to jump in immediately to invest in DeFi project or coin and start doing his own research by searching on Google, Youtube or right here on Bitcointalk.
It's all about learning the mistakes from the past regarding our immediate decision to jump in rather than researching that coin or project first. And not only that, when circumstances happen, we must be fully equipped with risk management. It's all about preparing our mind when things go downward, and to only invest what we can afford losing.
It's all about learning the mistakes from the past regarding our immediate decision to jump in rather than researching that coin or project first. And not only that, when circumstances happen, we must be fully equipped with risk management. It's all about preparing our mind when things go downward, and to only invest what we can afford losing.
September 06, 2020, 01:00:37 PM
something different, of course between regular coins and coin defi advantages that cannot be compensated for so investors prefer to trade on coin defi now and it is proven that the defi coin price many pumps high many times
DeFi Projects can pump in prices but doesn't mean they are a good project, this what hype creates even in ICO before as long as they were call DEFI projects some were still support it without studying that makes them in loss once the coins starts to get lost in price. Unlike some top altcoins that can still recover in time despite the loss, some DeFi may just be another shitcoins once they reach some amount and been dump.
September 06, 2020, 02:06:07 AM
We have tokens and we have coins, each with their own marketcap listing. Please don't ask about coins when you actually mean tokens.
https://coinmarketcap.com/coins/
https://coinmarketcap.com/tokens/ (within tokens you also have DeFi tokens : https://coinmarketcap.com/defi/
Tokens take place on one specific blockchain (mostly Ethereum) and depend on the fees and on the security of that one blockchain.
Coins each have their own blockchain, their own network security and their own fees.
Tokens have one major disadvantage, they all have a single point of failure access point as they all rely on one single (out of their control) blockchain.
If that blockchain is congested and its fees are high, the users will get to pay the price. They will most likely end up getting stuck on that blockchain.
https://coinmarketcap.com/coins/
https://coinmarketcap.com/tokens/ (within tokens you also have DeFi tokens : https://coinmarketcap.com/defi/
Tokens take place on one specific blockchain (mostly Ethereum) and depend on the fees and on the security of that one blockchain.
Coins each have their own blockchain, their own network security and their own fees.
Tokens have one major disadvantage, they all have a single point of failure access point as they all rely on one single (out of their control) blockchain.
If that blockchain is congested and its fees are high, the users will get to pay the price. They will most likely end up getting stuck on that blockchain.
September 05, 2020, 06:58:57 PM
something different, of course between regular coins and coin defi advantages that cannot be compensated for so investors prefer to trade on coin defi now and it is proven that the defi coin price many pumps high many times
DeFi Projects can pump in prices but doesn't mean they are a good project, this what hype creates even in ICO before as long as they were call DEFI projects some were still support it without studying that makes them in loss once the coins starts to get lost in price. Unlike some top altcoins that can still recover in time despite the loss, some DeFi may just be another shitcoins once they reach some amount and been dump.
September 05, 2020, 05:31:18 PM
Every time there is a new innovation I feel that everything is very good but because there are a lot of dirty people, they managed to take advantage of this moment so that many DeFi projects were born that were of no benefit like the popular ICO time. DeFi currently only takes really expensive shipping costs.
Honestly, Defi dont only take expensive shipping costs as you said cause the price are justify due to the potential and the opportunity Defi create huge benefit that traditional finance can not give and this is the main reason people rush into it. However, the best way not to be victim of scam Defi project is to invest in those already listed on top exchange site. 
September 05, 2020, 05:12:52 PM
Every time there is a new innovation I feel that everything is very good but because there are a lot of dirty people, they managed to take advantage of this moment so that many DeFi projects were born that were of no benefit like the popular ICO time. DeFi currently only takes really expensive shipping costs.
That ideas coming from those opportunist people who loves riding with hypes, there are projects that just incorporate themselves
to DeFi, only to take advantage from people who really don't understand the system. Those who take the risk thinking that the
hypes will bring them real good benefits.
Only to realized that they are already being victimized by scammers who runaway with their money.
where it isnt really really surprising that we would see lots of those so called opportunist to go along and do take advantage while its still hot. Lots of noob investors
will just jump in without even noticing that they are already dealing with fraud or projects that doesnt really deserve to be supported.Im not generalizing all of them but
5% would be considered legit nor does really have that actual usage or relevance and the rest are just trash.
September 05, 2020, 03:10:15 PM
something different, of course between regular coins and coin defi advantages that cannot be compensated for so investors prefer to trade on coin defi now and it is proven that the defi coin price many pumps high many times
in the Defi project a lot of locked coins, this is good for the development of their altcoin price, and look what happens is an increase in the price, I think this will be a great future
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