Topic: Is Lend ( AAVE) is the millionaire coin???? (Read 288 times)
Just when you thought the price is going to keep rising because its a Defi project but its certainly a misconception. The crypto market has been this way for a long while already I wonder if the whale still finds holders who panic when they try shaking off. From 0.00007500 to 0.00005000 BTC, this is a huge dump that will give a chance for anyone to dive into Lend.
Looks like someone is lending LEND (-13,96%) a hand, by dumping not as crazy as with UMA (-33,31) or Yearn.Finance (-24,76)
Or am i posting this too soon ?
if you talk about the collapse of the Yearn.Finance (YFI) price then this seems like a correction that usually occurs when prices rise a lot, there will be price corrections that will make prices collapse even though it's like that for some time in the future when conditions improve, YFI will definitely experience price increases again and Surprising many people again, I believe it could be due to the influence of YFI's very limited supply and very high demand and being able to enter a large exchange like Binance exchange would be a very good consideration. Or am i posting this too soon ?
Looks like someone is lending LEND (-13,96%) a hand, by dumping not as crazy as with UMA (-33,31) or Yearn.Finance (-24,76)
Or am i posting this too soon ?
Or am i posting this too soon ?
I have done lots fo research and suggested community about lend (aave) Investment . Now i am happy that some people in community would benefited like me . Whats you thought on holding this coin for long run .
Indeed, this is the best altcoin currently although I just thinking that this coin has increased due to DeFi hype but later I have no idea to continue hold this coin. Also, I have sold this coin two days ago before this coin's price decreased although it is not this coin only who has decreased but most crypto currency price just decreasing now. I would be better now to hold my money fiat, I don't wanna risk my money to keep hold in some altcoin. I will wait until the situation back to normal because some speculation say out there who deemed that the bearish signal has came, although I didn't really believe it until the bitcoin price dropped back to below $ 10,000.
I received LEND some years back as an airdrop and was fortunate to stumble into the coin and found out that the value has risen substantially. Since the project is Defi in nature, I can say that the value is still going to rise. You'll be wise to hodl for a while and see how it turns out. Lend is one of the most popular Defi tokens and its surely worth considering for long term hold.
Recent boom in Decentralized finance made some of the token are the Hero's . Lend ( AAVE) , Compound ( comp), Maker Even more but Compound is already having raised its price huge . But AAVE price is raising slowly and steadily based on Events . Recent Implementation "Credit delegation for Trusted Undercollaterralized " Loans . Increased its price . Also listed in big exchange like binance . What about your though for grabbing this coin at the price 25 Cents ( 0.25$) . Will it create future millionaires.
I remember ethlend from the days of their ico, it looked promising even from the very start, i had the opportunity to get some of their tokens but i was confused about how exactly their loan system will work but after the launch of aave they are completely dominating the market which is good for their longterm holders.
yes, I think the current ROI is more than 4000% current moment, however, Defi trend will lose time by time, its like the ICO trend in 2018.
For some reason, LEND is one of the tokens that attracted my attention during the DeFi era. I made occasional purchases starting from 0.25 to 0.72 and I am thinking of holding it for a while.
Actually the slow uptrend of lend price is amazing. Its feels like I should jump in during a very low price unlike now that its so expensive. The real defi even the season has not yet started yet. Its lending platform shows or give idea to the most recent defi projects that this path is their objective and see how many projects imitate them. Compound seems to be improved fast and even synthetic network token too. I say there is still room for improvement on these project price.
I am not sure if lend can be the millionaire coin in the future, but that can be possible because we don't know what will happen later. I think this time, you gamble with your money because of the unknown thing that will happen in the future. My suggestion is to use the money you can afford, and don't invest too big money if you are not ready for anything. You can hold that coin in the long run, but you need to have patience, and you should not worry if the price will always change.
one 'is' too many in title
I remember lend was very cheap for months even below one cent so people who bought at that point must be happy with their choice and already i see people making serious money with it.
I have done lots fo research and suggested community about lend (aave) Investment . Now i am happy that some people in community would benefited like me . Whats you thought on holding this coin for long run .
Maybe DeFI's prestige is booming right now, but I saw from the beginning that Lend was consistent and the price was maintained and kept going up. Based on Coinmarketcap, Aave's ROI of 1,279.95% shows good growth from this token, so it's not just because of DeFi's prestige now but Lend is indeed a good project
ROI doesn't make for a good project. BitConnect had a "maintained" price that "kept going up", yet it's right now buried deep in the ground. There are some completely crappy coins that have a wild ROI, yet that doesn't make them better in any way besides the financial benefit.DeFis will die off just the same way tokens did, so did ETH itself. So I'd personally not put my trust in them for now - give them a few more years and see if people are still going to care about them, because my gut feeling says we'll have a deja-vu.. same thing that happened to ICOs (the hatred and all the scams/shitcoins) will probably happen to these as well.
If so, you are pessimistic about the crypto project, why did you join and stay afloat? indeed it cannot be concluded that the Hype in crypto is normal, but not all is bad and you can check how many years Lend has been running because it is not a new project for ICO size
Coins: Aave (LEND), is one of the coins that has a good rating in the market, which can occur in general crypto using the Ethereum platform, most of which have good value for trading and also investing.
If seen from the history of Aave, the coin once touched the price of $ 0.44, if seen from the current price (Borrowing) at the level of $ 0.20, If, as you said, Aave runs slowly but surely, most likely in the next few days Aave can reach a price of $ 0.44.
So, the answer from your topic title can be answered, "yes".
If seen from the history of Aave, the coin once touched the price of $ 0.44, if seen from the current price (Borrowing) at the level of $ 0.20, If, as you said, Aave runs slowly but surely, most likely in the next few days Aave can reach a price of $ 0.44.
So, the answer from your topic title can be answered, "yes".
I was talking price-wise. There are lots of ICOs that are still alive as well, but if you take a look back at the times when ICOs were a thing and compare it all with the prices we have today, you'd see what I mean. The fall of ICOs brought ETH down with it as well.
Maybe you are right. The ICOs era already gone. But there is still chance of reclaiming it through defi. Im using defi and I am cool on how this works. Thats why I am positive about eth price returning through defi system. We cant say all of these are good but there is always a bad sheep in the room. Im following those with potential, and I can see that its working cause my assets are in green. We have different perspective and opinion, if you dont like defi, I understand its your thoughts anyway. You dont invest on any of defi project right now? Disagree that eth will die. Its a good platform that support many projects and smart contracts.
I was talking price-wise. There are lots of ICOs that are still alive as well, but if you take a look back at the times when ICOs were a thing and compare it all with the prices we have today, you'd see what I mean. The fall of ICOs brought ETH down with it as well. ROI doesn't make for a good project. BitConnect had a "maintained" price that "kept going up", yet it's right now buried deep in the ground. There are some completely crappy coins that have a wild ROI, yet that doesn't make them better in any way besides the financial benefit.
It does partially. It simple analysis, if you have ROI, it means the project is doing good. We can see some up and down, but you are right there are so many crappy projects give a good ROI but not really have any use at all. Good example of Bitconnect, but Im still interested on some defi like the compound and aave. But OP's example cant be say as crappy cause they have actual products and use cases. Defi is totally hyped now, but we will see if this will just come and go like the ICO way. But IEO did stay, means it good.
DeFis will die off just the same way tokens did, so did ETH itself.
You dont invest on any of defi project right now? Disagree that eth will die. Its a good platform that support many projects and smart contracts. Maybe DeFI's prestige is booming right now, but I saw from the beginning that Lend was consistent and the price was maintained and kept going up. Based on Coinmarketcap, Aave's ROI of 1,279.95% shows good growth from this token, so it's not just because of DeFi's prestige now but Lend is indeed a good project
ROI doesn't make for a good project. BitConnect had a "maintained" price that "kept going up", yet it's right now buried deep in the ground. There are some completely crappy coins that have a wild ROI, yet that doesn't make them better in any way besides the financial benefit.DeFis will die off just the same way tokens did, so did ETH itself. So I'd personally not put my trust in them for now - give them a few more years and see if people are still going to care about them, because my gut feeling says we'll have a deja-vu.. same thing that happened to ICOs (the hatred and all the scams/shitcoins) will probably happen to these as well.
Maybe DeFI's prestige is booming right now, but I saw from the beginning that Lend was consistent and the price was maintained and kept going up. Based on Coinmarketcap, Aave's ROI of 1,279.95% shows good growth from this token, so it's not just because of DeFi's prestige now but Lend is indeed a good project
You are going to need a time traveler to give you the right answer on this one mate, who would know that? Who even saw that DeFi projects will be this big this year? No single crypto analyst says anything about DeFi and yet here we are, you don't need answers pal just do your own research and take the risk, the only money I can borrow you is invest what you can afford to lose
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