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Topic: Sure, We have good DeFi project. - page 2. (Read 686 times)

member
Activity: 560
Merit: 26
September 09, 2020, 07:11:25 AM
#65
We have a good defi projects actually but looking at the current market situation, I can only pity those who rush to buy at the peak price. Most of DeFi projects are bleeding, take a look at the image below.
sr. member
Activity: 586
Merit: 251
September 09, 2020, 07:05:11 AM
#64
Investing in Defi projects is risky, but the return it brings will be huge if you invest the right time. The prices of the Defi projects grew very quickly, but it also collapsed very quickly. In just 1-2 days the price can fall many times, like the DIA project or a few other projects like YAM, DOT ...
I can say that the DeFi projects now are very bubble-like and can collapse at any time if the market is unstable. I think before investing, you should set a selling price and not hold for too long because it can cause you to lose a lot. Anyway, now there are still a lot of good coin for investors and you should be careful before deciding.
sr. member
Activity: 1188
Merit: 251
September 09, 2020, 04:10:46 AM
#63
well we will see that if indeed the YFI coin can last long enough then people will find it a good project.
but if not then YFI will only be hype right now like other defi coins which have increased due to hype.
however the market conditions are on the downturn at the moment, so we can't see a rise for a while.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
September 09, 2020, 03:47:58 AM
#62
Don't just look at the price of the coins. Look at the supply too. They have only around 29,967 yearn in circulation for which the price of each token is high. The low supply also means that the price can easily be manipulated. True, the sudden rise from 30 USD to 19,000 USD is indeed alarming and kinda feels like the price has been manipulated.
People still people will invest in those projects without even thinking twice or learning more about the project. All they want is just profits.
full member
Activity: 952
Merit: 166
September 09, 2020, 02:37:26 AM
#61
Yes,Sure We have good defi project.Defi project always best.Some time this project price highly trade.This token economic so good.Defi project investment people interested.Defi project success huge profit investment people.People investment defi project fiend.Some time defi project scam bounty Hunter.
please join JetCash TalkEnglish forum; it will help you.
Smiley

Just think about my thoughts.
In 2016, the first projects on Ethereum were doublers (Send 1 coin, after a while, get two).
Haters said that the Ethereum was a scam, and in 2017 the ICO rally began.
There was a lot of scam, but now there are a lot of useful projects on Ethereum. The same will happen with the defi ecosystem. Soon people will get tired of farming shittokens (these are the same doublers in 2016) and only good projects will remain.

Very well said; a huge pullback will actually reveal the DeFi projects that survive and are worthy.

Anyways I always wonder how TRON survives.
legendary
Activity: 2534
Merit: 1338
September 07, 2020, 05:03:47 PM
#60
Obviously, it is hype.
That's what knowledgeable in cryptocurrencies will always tell when a price goes to the roof without even having a good reason.
It ain't a good project. The mass just focused on buying the coins.

It's a good profit though. Someone who is in short-term investment can make a lot with that high of a fluctuation.
Very few people have complete trading systems, basically the most they do is to get some entry signals but they never know when it is the time to get out  and for the most part they end up holding their coins for too long and losing their money in the process, it is for this reason I do not recommend people to invest in those projects because even if the profits are incredibly attractive taking into account the short  amount of time needed to get them they forget the losses can be massive as well and once you lose your capital you have no way to take advantage of more solid movements in the markets.
legendary
Activity: 1876
Merit: 4532
September 05, 2020, 05:21:32 PM
#59
Just think about my thoughts.
In 2016, the first projects on Ethereum were doublers (Send 1 coin, after a while, get two).
Haters said that the Ethereum was a scam, and in 2017 the ICO rally began.
There was a lot of scam, but now there are a lot of useful projects on Ethereum. The same will happen with the defi ecosystem. Soon people will get tired of farming shittokens (these are the same doublers in 2016) and only good projects will remain.
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
September 05, 2020, 03:01:36 PM
#58
This has been the thing I have kept saying for a long time, hype is real and people are getting warped into the hype unfortunately. Nobody denies that there are some awesome defi projects but we are talking about losing a ton of money because you believed one was good so all will be good, that is not how it works. If one is good, all others could be bad, so just research what you are going to buy and do not invest just because it resembles something else.
Yet you can't tell people not to invest on what project they like, we have different views on seeing things, maybe the thing that you were looking for a project is not there but they have what the others are looking for, we have different taste after all. What most of the investors just need to do is research the entirety of the project from less to most important ones. The hype is real these days, investors are enjoying every pre-sale actually  Cheesy

I personally do not really go into all the DeFi hype because I have seen some that is great but they are already great and it is too late for me to get into them, all the other ones that resembles are just copycats and I rather not invest into them, they will just try to take the same steps and people will just not care.
Don't get me wrong, there are really good projects these days, but for us that has been here for a very long time, we know how this is going to go. Thus, let people be responsible for their own money, let them learn their lesson in any way.
sr. member
Activity: 1666
Merit: 292
Eloncoin.org - Mars, here we come!
September 05, 2020, 02:44:56 PM
#57
I think it would be bad if you bought them now. The price has gone too high and even 3 times higher than Bitcoin, it's too risky to invest in them. I will buy bitcoin and hold instead of investing in this Defi project
Indeed, if we examine the price clearly it will not be good to buy at this time, but if you want to take a little profit through day trading, I don't think it's wrong to buy it now and Bitcoin is also very suitable to buy at this time because it is experiencing a price decline, especially if you want to hold it in the long run.

Yes, only the top projects in this market can be profitable in the long term. Do not try to buy and hold Defi projects because it will make you lose a lot. Over the past few days I have seen many Defi projects collapsed, even falling prices a few times in just a few days.
member
Activity: 1274
Merit: 14
September 05, 2020, 01:57:25 PM
#56
DeFi is a really good concept; but these coins are all mostly shit...

Ppl forgot what happened to MKR collaterals when BTC went to 4k
People always forget their negative experience when FOMO starts on the market. they now pay 50 percent commission on the Ethereum blockchain to buy coins. They are crazy and not afraid to lose their money

People just need a shake-up. Everyone sat up at home in quarantine, and now emotional relaxation is needed, and here is such a surge of adrenaline. Crazy market jumps and the ability to get rich or lose quickly.
full member
Activity: 1498
Merit: 129
September 05, 2020, 01:00:14 PM
#55
Your narrative of a good project is the one that offers high profit within a short period of time without taking into consideration if there is any usability or products and whether the project will be available for a long time. I know YFI is one of the most hyped defi but you should know that what makes it to rise is because it was listed in big exchange like Binance. Unless you buy such coin during the early stage, you cannot predict what the future holds especially now that the coin has a new fork called YFII
full member
Activity: 824
Merit: 104
PredX - AI-Powered Prediction Market
September 05, 2020, 12:35:28 PM
#54
Investing in Defi projects is risky, but the return it brings will be huge if you invest the right time. The prices of the Defi projects grew very quickly, but it also collapsed very quickly. In just 1-2 days the price can fall many times, like the DIA project or a few other projects like YAM, DOT ...
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
September 05, 2020, 12:32:35 PM
#53
Indeed, if we examine the price clearly it will not be good to buy at this time, but if you want to take a little profit through day trading, I don't think it's wrong to buy it now and Bitcoin is also very suitable to buy at this time because it is experiencing a price decline, especially if you want to hold it in the long run.
If you are looking for value for investment you need to identify the project before hitting the market and invest during the initial period, it has its own risk in identifying good projects and if you find one and if you trust the team then it will be a game changer when it comes to investment, day trading will not give you the profit you are looking for and i would not dare to invest in these projects after a big rally.

   It's people who fall on hype, they invest in these times. I don't think that anyone from
here would invest now, we know that time for selling was a day ago when crypto-currencies were on top. Now we have correction, good time for buying will come
again, but we need to be careful where we invest, while some projects will survive
and recover I think some are going to bottom.
legendary
Activity: 2282
Merit: 1023
September 05, 2020, 12:23:32 PM
#52
Indeed, if we examine the price clearly it will not be good to buy at this time, but if you want to take a little profit through day trading, I don't think it's wrong to buy it now and Bitcoin is also very suitable to buy at this time because it is experiencing a price decline, especially if you want to hold it in the long run.
If you are looking for value for investment you need to identify the project before hitting the market and invest during the initial period, it has its own risk in identifying good projects and if you find one and if you trust the team then it will be a game changer when it comes to investment, day trading will not give you the profit you are looking for and i would not dare to invest in these projects after a big rally.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
September 05, 2020, 09:22:20 AM
#51
...
In fact, I have been involved in more than 10 different DeFi projects in the past few months and most of them have helped me make a big profit. Of course, I only speculate and will sell when there is a profit because if you hold it, you will easily lose money.

Thanks to this hype around DeFi, they start to look like a balloon that is pumped up by speculators. And each subsequent investment may be the last one that will only bring a loss. You are obviously good at determining when it is time to exit DeFI with a profit.
It is a lot profitable around DeFi because of the huge opportunity but not the possibility that it will last but definitely always be on the lookout to get out on time, I think the DeFi trend has been a long time meaning we have to know those conditions which are not always going to be profitable.
Like yesterday the dump market for some DeFi tokens experienced a great decline, now that fact is nothing that can be avoided and of course we will lose too.
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 05, 2020, 07:43:03 AM
#50
I think it would be bad if you bought them now. The price has gone too high and even 3 times higher than Bitcoin, it's too risky to invest in them. I will buy bitcoin and hold instead of investing in this Defi project
Indeed, if we examine the price clearly it will not be good to buy at this time, but if you want to take a little profit through day trading, I don't think it's wrong to buy it now and Bitcoin is also very suitable to buy at this time because it is experiencing a price decline, especially if you want to hold it in the long run.
legendary
Activity: 2268
Merit: 1655
To the Moon
September 05, 2020, 05:26:24 AM
#49
...
In fact, I have been involved in more than 10 different DeFi projects in the past few months and most of them have helped me make a big profit. Of course, I only speculate and will sell when there is a profit because if you hold it, you will easily lose money.

Thanks to this hype around DeFi, they start to look like a balloon that is pumped up by speculators. And each subsequent investment may be the last one that will only bring a loss. You are obviously good at determining when it is time to exit DeFI with a profit.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
September 05, 2020, 04:52:47 AM
#48
This has been the thing I have kept saying for a long time, hype is real and people are getting warped into the hype unfortunately. Nobody denies that there are some awesome defi projects but we are talking about losing a ton of money because you believed one was good so all will be good, that is not how it works. If one is good, all others could be bad, so just research what you are going to buy and do not invest just because it resembles something else.

I personally do not really go into all the DeFi hype because I have seen some that is great but they are already great and it is too late for me to get into them, all the other ones that resembles are just copycats and I rather not invest into them, they will just try to take the same steps and people will just not care.
member
Activity: 1764
Merit: 10
September 04, 2020, 03:52:20 PM
#47
Therefore, you need to constantly study each cryptocurrency project in which you want to invest in order not to get caught by scammers, but unfortunately now it is becoming more and more difficult to find honest cryptocurrency companies and very often you come across scammers and a lot of scam projects in the DeFi sphere.
sr. member
Activity: 1988
Merit: 254
PredX - AI-Powered Prediction Market
September 04, 2020, 02:50:05 PM
#46
Those are the grateful who were invested in YFI at the time it was listed when it's the price was $35 and right now it has been growing consistently and it's almost reached 29k.
Yes, and that's clearly a good advantage for those who have invested in YFI when the price was still cheap ($ 35), but if you want to buy at this point it's not too bad, because the potential profit that can be obtained through day trading is still very good open to everyone.

I think it would be bad if you bought them now. The price has gone too high and even 3 times higher than Bitcoin, it's too risky to invest in them. I will buy bitcoin and hold instead of investing in this Defi project
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