Topic: I am curious about people's opinion of DeFi projects and coins - page 3. (Read 689 times)
September 05, 2020, 07:28:25 AM
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
September 05, 2020, 04:29:11 AM
realized that they are already being victimized by scammers who runaway with their money.
Lot more scams are going on inside the cryptocurrency industry, like the ones that were going on in the era of ICO hype where the project used to raise millions of dollars in ICO and then was never to be seen with either a working copy of the project or else on any exchange too. The same thing is happening now, on a daily basis lots of DeFi project are coming which are almost identical of its predecessors in the source code with only a few alterations like the name and ticker and people still buy these tokens because of the greed and the opportunity to make a quick buck from these coins. 
September 05, 2020, 04:00:18 AM
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.
September 05, 2020, 03:49:31 AM
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.
September 04, 2020, 10:05:23 AM
I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.
just don't invest all your money in one Defi coin. Split the risks and leave 50 percent of your deposit in bitcoin and then you will not lose your money, but earn September 03, 2020, 06:13:24 PM
idk if disrupt is the right word to use because defi is also related to financial or can solve financial problems . we can also say that defi can help or can act as an alternative to the local financial industry . the only downside is that there so many projects on this space and not all of them can be trusted . with the massive hype that defi got , no wonder why it cant be included on forbes . add in that defi coin which already surpass the value of bitcoin , that makes the headlines hot for the defi .
September 03, 2020, 04:59:56 PM
In my opinion, there is nothing special about DeFi projects, because it is the same as ICO / IEO projects. Where now DeFi projects
look profitable, because of the hype. It was the same when the ICO project was hype in 2017/2018, eventually the ICO project was
no longer profitable. And I am sure this will happen to DeFi projects, therefore always be careful when investing in DeFi projects.
Because there is no guarantee that DeFi projects will be profitable in the long term.
look profitable, because of the hype. It was the same when the ICO project was hype in 2017/2018, eventually the ICO project was
no longer profitable. And I am sure this will happen to DeFi projects, therefore always be careful when investing in DeFi projects.
Because there is no guarantee that DeFi projects will be profitable in the long term.
September 03, 2020, 04:38:06 PM
Not everything that's published on Forbes or any news media articles, you should trust them quickly. The Defi's are on the peak hype and they are pushing to the extent that they want to gain more investors and this is just part of the marketing.
Anyway, your link is broken.
Just let it be mate because This is gaining Media attention now so surely the bringing of many news from different platform and sites will be indeed.Anyway, your link is broken.
The hype investors will be gone for a while and will turn back again if the market shows resiliency which is an absolute and happening as usual.
September 02, 2020, 06:58:36 PM
I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.
just don't invest all your money in one Defi coin. Split the risks and leave 50 percent of your deposit in bitcoin and then you will not lose your money, but earnAnother very good option now is Ethreum. Ethereum yesterday reached an all time high since the beginning of 2020 till now. It's a very promising coin, which can be an alternative d better investment when compared with lots of Dedi projects.
ETH alone is a very promising cryptocurrency to invest with.
But talking about DeFis, only few of them will emerge to be successful in implementing their business.
And right now, it is on hype and very hard to determine which one is authentic among them.
You need to dig deeper about their portfolio before buying one in uniswap.
September 02, 2020, 06:50:36 PM
I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.
just don't invest all your money in one Defi coin. Split the risks and leave 50 percent of your deposit in bitcoin and then you will not lose your money, but earnAnother very good option now is Ethreum. Ethereum yesterday reached an all time high since the beginning of 2020 till now. It's a very promising coin, which can be an alternative d better investment when compared with lots of Dedi projects.
September 02, 2020, 10:58:00 AM
I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.
just don't invest all your money in one Defi coin. Split the risks and leave 50 percent of your deposit in bitcoin and then you will not lose your money, but earn 
September 02, 2020, 09:02:57 AM
Unfortunately I do not believe in any of them, they are all bunch of scams if you ask me. Sure some of them got lucky and got a funding and they are looking like they are working right now, but this is a hype and that hype will eventually end, when that ends what do you think people will do? Do you think that even the most successfull one will continue to be awesome forever? Believe me they are no bitcoin, even the biggest one will get that hype died down and at that moment they will be all a big nothing. And all of those billions of dollars funding these projects will be gone, obviously making the creators super rich while making the investors poorer. I hope that people will realize this quicker so that they could find their way out of it.
September 02, 2020, 08:49:54 AM
The defi project is just like a time bomb that can explode anytime. So many investors have already faced big loses from some defi. This time I have been watching there was a defi called yuno has rugged the liquidity on its pool.
The bubble will be burst as soon as possible. CZ has created a very important awareness for the defi especially the new defi that was offering a super high yield farming for the stakers.
The defi itself just like a money grabber and it will destroy itself soon.
I remember someone said 1 or more defi developer = thousand bankers.
The bubble will be burst as soon as possible. CZ has created a very important awareness for the defi especially the new defi that was offering a super high yield farming for the stakers.
The defi itself just like a money grabber and it will destroy itself soon.
I remember someone said 1 or more defi developer = thousand bankers.
September 02, 2020, 07:08:18 AM
I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.
September 02, 2020, 04:17:42 AM
I found this article in Forbes over the weekend and it got me to thinking: If we are seeing articles in Forbes that means Decentralised Finance is reaching the eyes and ears of the masses. Question: Have you heard of DeFi?
If you have heard of DeFi, do you think its going to disrupt the multi-trillion dollar financial service industry or do you think its going to implode and destroy itself? Or do you think something in between those two polar opposites.
Truth?i have just heard of Defi Projects just months ago when Threads popping out in altcoin section talking about them and Boom the price went Up Moon just in a Bit.If you have heard of DeFi, do you think its going to disrupt the multi-trillion dollar financial service industry or do you think its going to implode and destroy itself? Or do you think something in between those two polar opposites.
How i hope this is reality,this is truly a good way to make profit in this market.
I think the verdict would be from the users of this decentralized finance platform if they find the services more useful and beneficial than the normal traditional financial system, it can only be considered disruptive if users find it more useful, but if this is only in theory without practice then it will only be seen as a hype no different than the ico's and ieo's, my own perception.
And this is what i am afraid of that we are entering another 2018 Altcoin Hype and Money mostly wasted as the whales that supports the project took the money just like that.Not everything that's published on Forbes or any news media articles, you should trust them quickly. The Defi's are on the peak hype and they are pushing to the extent that they want to gain more investors and this is just part of the marketing.
Anyway, your link is broken.
Just let it be mate because This is gaining Media attention now so surely the bringing of many news from different platform and sites will be indeed. Anyway, your link is broken.
September 02, 2020, 03:41:20 AM
I try to figure it out myself. I just read an article about DeFi and it concerns shown by Vitalik Buterin: https://www.worldcoinindex.com/news/ethereum-co-founder-vitalik-buterin-raises-concerns-on-the-latest-craze-around-yield-farming-in-the-defi-space
September 01, 2020, 02:27:16 PM
Not everything that's published on Forbes or any news media articles, you should trust them quickly. The Defi's are on the peak hype and they are pushing to the extent that they want to gain more investors and this is just part of the marketing.
Anyway, your link is broken.
Anyway, your link is broken.
In recent time the prices of Defi coins has being on rise and rising very quickly. I am sure considering this many would be tempted to invest in it to become part of the rising prices and make some profits from it. But yes as you said can it be a part of marketing and in the end prices falls drastically from the top this is uncertain.
And they can think that it's also the same as the original defi that can also go up.
September 01, 2020, 08:58:08 AM
The defi trend can disappear anytime and I think that you are missing the means of bubble and it's related to the trend that has already acquired by the defi. This trend has been making so many people FOMO to buy the defi coins and try to use the defi platforms.
The bubble can become even bigger when it can make a sustained growth but the opposite trend can happen to make the bubble will be burst and you can call this as the bearish trend for the defi coins or platforms.
Just look at Y family coins and some of them have already dumped again and this day my friend is losing 50% of his investment caused by the bubble burst that happened on YFIS.
The bubble can become even bigger when it can make a sustained growth but the opposite trend can happen to make the bubble will be burst and you can call this as the bearish trend for the defi coins or platforms.
Just look at Y family coins and some of them have already dumped again and this day my friend is losing 50% of his investment caused by the bubble burst that happened on YFIS.
September 01, 2020, 08:36:03 AM
Of course, I have heard of DeFi. Everyday you will see in the forum that a new DeFi-related project is launched. It maybe a game changer but I believe only few of them will survived as most of them are just money-grab projects. They are riding the hype and in a hurry to launch their so-called DeFi platform. In time, you will know how many of them will continue to serve the community. But I bet most of them, have very short lifespan. So if you are serious buyer of DeFi, you should really assess on each project and read between the lines if they are here only for money.
Indeed only few of them are legit who have real people behind most of them just rushing towards this space and launching their projects to steal the money. At the there is FOMO everyone investing in all DEFI project without using his own brain to pick the right project to make secure his future.
September 01, 2020, 08:01:07 AM
I also found this article on WorldCoinIndex: https://www.worldcoinindex.com/news/yearn-finance-native-defi-cryptocurrency-yfi-surges-190-over-the-last-week-price-tops-38-000
If you get in and had received profit, let's take action to leave it quickly. don't be greedy and come to be euphoria. you have thought it back in the past (2017) how token like this come too fast pump and dump. Jump to: