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Topic: Missing the current DEFI pump - page 7. (Read 1099 times)

legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
August 30, 2020, 01:35:39 AM
#23
It cannot be denied, DeFi dominance in the crypto market has been extraordinary so far. Investors are certainly happy with the current hype, with that they will invest in the DeFi sector. I personally also do that, because the potential for growth is enormous. But it is also possible to keep investing in bitcoin and other altcoins.
I don't agree with the words of the dominance of crypto market, and in my opinion, it just temporary, happens because weeks ago many DeFi tokens have increased by more than 100% and now many have dropped significantly.
sr. member
Activity: 910
Merit: 351
August 30, 2020, 01:21:07 AM
#22
Savior? You must be joking. Yes it does help people make money, but scammers also profits from this. Not to mention bug in sc that cause people lost all of their holdings.

DeFi is still way too young. And the recent pump across many alts is caused by BTC moving upward. No way in hell DeFI is a savior, its a product that already exist since 2019 and people are now using it to pump their bags.
hero member
Activity: 881
Merit: 500
CyberTrade
August 30, 2020, 12:52:12 AM
#21
it is obvious that over 80% of all authentic defi projects are in profits and any investors that have invested in this sector is already in profit. it is obvious that it is also behind the current bull market. a proper observation in the market shows that the crypto trading aspect has been divided. between bitcoin, normal altcoins and defi token which are altcoins too. i think the defi era has come to stay and will dominate for along period just like how traditional banking has evolved and change how money is been utilized.
I see the Defi sector as the Savior and promoter of crypto which will lead to the massive adoption which we all yearn for.  

indeed, and defi project bring more demands in crypto world now,
but if you want to invest in defi type project i suggest you to do your own research rather than follow the hype my friend
What you said is right but if we time our investments right then we can make a lot of money utilizing the hype and it will not be a high risk investment at all also. But right now investing in DeFi tokens is risky as most of the tokens are already pumped and those which aren't pumping and are old tokens are not going to pump in the future too as they are not community supported projects and most probably would be a scam to begin with. The DeFi hype is bigger than the ICO hype and is also involving a lot more money than the ICO hype.
full member
Activity: 1190
Merit: 100
August 30, 2020, 12:04:27 AM
#20
It cannot be denied, DeFi dominance in the crypto market has been extraordinary so far. Investors are certainly happy with the current hype, with that they will invest in the DeFi sector. I personally also do that, because the potential for growth is enormous. But it is also possible to keep investing in bitcoin and other altcoins.
full member
Activity: 1292
Merit: 101
Vave.com
August 29, 2020, 11:49:49 PM
#19
Its really true who invested on Defi has got their profit .Myself invested on DIA and made me huge profit .So the Defi era has started hopefully it will dominate on the market .On the other hand we should need to avoid scam ,hyp etc .It can be the reason of loosing our valuable invested money .So before invest we have to research the project .
sr. member
Activity: 602
Merit: 253
August 29, 2020, 11:45:09 PM
#18
I think it's never too late to join the train even now since  it's really popular and I doubt those investors wanted to dump the prices. I mean, those early investors were really smart to get into DeFi and all or they were just lucky they joined early. But don't forget, everything cannot be the same. When it's already too high, there're only two choices which is either it goes higher or the opposite. Let's see how far DeFi can go, can it go higher than it is or not. But it really is tempting for anyone once they sees how much profits DeFi might give them.
hero member
Activity: 2366
Merit: 838
August 29, 2020, 11:12:14 PM
#17
When you are talking about pumps, you have to talk about dumps. Pumps and dumps are two sides of your investments and like two sides of a paper. No dumps, no pumps and vice versa. If you have good entry points and good exit points, you get profit. If you have bad entry points and bad exit points, you get loss. DeFi or not it does not make sense.

DeFi is the same as ICO, IEO, it is not a party for every investor.
hero member
Activity: 2632
Merit: 833
August 29, 2020, 10:49:51 PM
#16
I've seen threads as early as September 2019 about this Defi thing but no one really see that this could grow big like we have seen today, as billions of money are flowing $9 billion currently according to Defi Pulse https://defipulse.com/.

For others who have join the bandwagon early, then good for them as it created more profit already. But for those who are just entering the picture, hard to see though, looks like it's already saturated and scams could be present as well like the ICO boom of 2017.

I wouldn't call it a saviour, maybe this is after all, cyclical, 2017 - ICO, 2018/19 - IEO and then 2020 - DEFI. It just repeating itself and crypto sphere will always invent the next big thing in the market.
legendary
Activity: 2576
Merit: 1043
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August 29, 2020, 08:26:01 PM
#15
Defi is ruling the space right now. Defi projects have become unstoppable, many of us are really enjoying this moment and we hope it can last for a very long time to come. In regards the title of your thread, I don't think you have missed out already, there is more room for growth for every coin.
I may agree with you.
Yes DeFI is ruling the crypto space now
Yes DeFi is unstoppable now.
Yes many are enjoying this moment.
But this will not last for a long time.

Remember the ICO hype 2-3 years ago? This is also the same with the DeFi hype that we are experiencing right now. Nothing has changed really TBH. This is just like the ICO hype that happened and this DeFi hype will slowly decline. DeFi Pump?? I'm not saying that don't invest into this DeFi coins but be cautious as scammers will swarm it again 100% sure of that.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
August 29, 2020, 06:58:12 PM
#14
Lets' enjoy and also follow this current situation, about the DeFi progress and development right now. DeFi is now very popular and many people are interested in this. Will it be the only hype that will end next year? Who knows? everybody may think about it or not.
But so far, as long as we can control and manage ourselves on how our interest and involvement in the DeFi projects, I think it has no problem. Moreover when we know the exact ways and projects to follow for worthier future. I also sometimes have missed the one, but never worry because as long as we know the ways, we can still make it and deserve it. Just pick the right for you and never only follow the hype. Always do more research before joining in order to avoid the reglets.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
August 29, 2020, 06:46:15 PM
#13
I don't think so and if you were watching the current defi coin that has been getting a big pump and then most of the new coins that created in this month and they have no strong fundamental as the social media channel, telegroup were also getting created this month too. Im doubt if this will become the next ponzi game.
hero member
Activity: 2842
Merit: 772
August 29, 2020, 06:00:02 PM
#12
For altcoin market? I would say yes, DeFi has something to do with the current rebound, but there are eth2.0 as well and other new development on projects that pushes the market to at least get to the recovery phase.

But, it is too early to tell if DeFi will be the catalyst to bring the market to the next level. What I mean is that all coins are still way behind their all time high and it seems that DeFi has reach its bubble phase. So once it burst then obviously the market will suffer without achieving all time highs.
sr. member
Activity: 2422
Merit: 357
August 29, 2020, 05:57:36 PM
#11
Defi is ruling the space right now. Defi projects have become unstoppable, many of us are really enjoying this moment and we hope it can last for a very long time to come. In regards the title of your thread, I don't think you have missed out already, there is more room for growth for every coin.

Just like the ICO days. So don't be fooled by these DeFi projects. Only few of them are authentic. There will be lots of pumps and dumps and I am sure there will be investors that will cry at the end of this hype. So if you missed out, don't worry, maybe it is for your own good and not be tempted with these money-making DeFi projects that will end up in trash bin.
Those who bought  on peak price must continue monitoring the market because it can lead into another bull trap, and can make you a loser later on. DeFi now are better than the ICO days because they easily goes up the hype and they profited from this a lot, if you’re riding the trend then you’re profitable now. All the hype will gone, only the real and with purpose project will stay, we just don’t know when will DeFi ends their up trend or a bull trap.
legendary
Activity: 2576
Merit: 1655
August 29, 2020, 05:56:52 PM
#10
it is obvious that over 80% of all authentic defi projects are in profits and any investors that have invested in this sector is already in profit. it is obvious that it is also behind the current bull market. a proper observation in the market shows that the crypto trading aspect has been divided. between bitcoin, normal altcoins and defi token which are altcoins too. i think the defi era has come to stay and will dominate for along period just like how traditional banking has evolved and change how money is been utilized.
I see the Defi sector as the Savior and promoter of crypto which will lead to the massive adoption which we all yearn for. 

You're putting too much hype and faith into Defi though. We have seen and heard this kind of of hype before and the same thing happen, people are saying that ICO is the saviour and that it can bring huge money in the table, which it did. However, not sustainable. So we will have to see how long this Defi thingy could last, or try to compete with traditional banking system to say that it will dominate the crypto sphere and it's here to stay.
member
Activity: 854
Merit: 10
August 29, 2020, 05:54:20 PM
#9
Is no longer news almost all defi projects are doing well, investors with good investment in defi would have cash out heavily because there are alot of pump this past weeks, and more to come. Defi project will surely make investors millionaires before the end of the year.
legendary
Activity: 2282
Merit: 1041
August 29, 2020, 05:50:45 PM
#8

You do want to profit that is why its tempting to dive into defi. I think its not really that too late to jump right into it, the investors may have profit already but I don't think they are ready to dump at all when there are more to gain.

The defi platforms allow users to profit more through its protocols than the trading platforms we often use like binance, this is why I think there is more that will come in crypto. You didn't miss yet, you are right on time.
legendary
Activity: 3178
Merit: 1054
August 29, 2020, 05:42:19 PM
#7
everyone is diving into defi hype to profit. its almost like a bullrun already. an investors doesn't even have to trade anymore to profit, all he need is to lend and can make money out of his investment.

wait til the projects in the past switch to use defi protocol too. we might be seeing more of it after all its a free market still. its aave that has been cheaper yet has the chance to dominate because its lending protocol also when staking is ready, we holder may be able to profit too.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
August 29, 2020, 05:39:42 PM
#6
Defi is ruling the space right now. Defi projects have become unstoppable, many of us are really enjoying this moment and we hope it can last for a very long time to come. In regards the title of your thread, I don't think you have missed out already, there is more room for growth for every coin.

Just like the ICO days. So don't be fooled by these DeFi projects. Only few of them are authentic. There will be lots of pumps and dumps and I am sure there will be investors that will cry at the end of this hype. So if you missed out, don't worry, maybe it is for your own good and not be tempted with these money-making DeFi projects that will end up in trash bin.
hero member
Activity: 714
Merit: 611
August 29, 2020, 05:37:44 PM
#5
...
I see the Defi sector as the Savior and promoter of crypto which will lead to the massive adoption which we all yearn for. 

Defi as a savior .... definitely too big words - Defi as the reason for the temporary boom on the altcoin market for sure, but how long - whether it will last a month or maybe long years, it remains to be seen. It's good that after two years of stagnation we have a good move on the market, but do not be under any illusions - Defi is not a cure for everything ... We all want it to be so, but let's be reasonable ...
sr. member
Activity: 1722
Merit: 269
August 29, 2020, 05:34:16 PM
#4
I also think that Defi is a usecase for crypto that really makes sense. Unlocking additional liquidity is always helpful and shows the potential of cryptos.
But i wouldn't say yet that Defi in general is here to stay. Let's wait a few months and then i'm sure that a lot of Defi projects will be gone again.
Only those that have a solid foundation will still be around.
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