Topic: What do You think about YFI ? - page 5. (Read 1284 times)
I'm not sure but the self farming mode coins are relatively new and there are many types that mimic YFI, I'm not sure but the choice is still yours, if you really want to take the risk, please buy but don't keep it for a long time, and buy when the moment is right for example, when the market just rises again when it decreases because what I see defi still dominates the increase when the market moves up.
I consider investing in yearn.finance very risky at the moment. I was surprised when there was a token whose price exceeded bitcoin for me it's quite interesting, but I'm still really not sure YFI's price will get more expensive in the long run for me the price of YFI is very risky.
Regardless of your belief in the price of YFI tokens in the future, but you are currently seeing the fact that YFI tokens have a selling value that is twice as high as Bitcoin, even though there is a very big risk if YFI later experienced a very large decline.
I consider investing in yearn.finance very risky at the moment. I was surprised when there was a token whose price exceeded bitcoin for me it's quite interesting, but I'm still really not sure YFI's price will get more expensive in the long run for me the price of YFI is very risky.
YFI is launching on Coinbase Pro, September 14, This is very strong news, I think the holders should be happy.
https://blog.coinbase.com/yearn-finance-yfi-is-launching-on-coinbase-pro-af730b9c5ef0
This could even help yfi to achieve 50k target, for sure if It list on Coinbase https://blog.coinbase.com/yearn-finance-yfi-is-launching-on-coinbase-pro-af730b9c5ef0
First, don't be attracted to what happen to its price in the market. Let me share to you something, I have seen a coin listed in yobit on the first day until its first week the volume was crazy moving to that platform until it reached the higher peak price was 1.9BTC something each token, then after 1 month almost the price went down little by little until more months came up the continuously dropped until the price went down into zero satoshi and no demand now, so it can happen also to that one.
Eventually all the altcoins have a lifespan and they perform very well in the start of it and then mostly tend to die after a few months and only a handful of them survive after one year and we all know that only a fraction of these survive after lets say 5 years. Heya
Guys what do you think about yfi
is it worth to invest now
or it should be avoided as of now
Guys what do you think about yfi
is it worth to invest now
or it should be avoided as of now
First, don't be attracted to what happen to its price in the market. Let me share to you something, I have seen a coin listed in yobit on the first day until its first week the volume was crazy moving to that platform until it reached the higher peak price was 1.9BTC something each token, then after 1 month almost the price went down little by little until more months came up the continuously dropped until the price went down into zero satoshi and no demand now, so it can happen also to that one.
I think YFI has been hugely manipulated, otherwise you can't see such huge fluactuation of $38000 ATH from $35 within less than 2 months. It has got huge hype, I think It is way more over rated and should be avoided.
I will wait for another version of YFI, at this price it is too late for me to get on the train. My only fear for new YFI is scam, I believe some scammers will be looking in that direction. Copy the roadmap and whitepaper then adjust few things then through it. Defi are crazy lately, some dont even need investors, they can get going and make crazy profit for any holder. So eyes should be wide open
YFI came to limelight after the value increased exceeding the value of Bitcoin. I learnt that YFI was listed at about 90$, but in a space of less than two months, the value rose to over $30k. The major reason for this level of increase is because of the low supply of the tokens. I learnt that the total supply of the tokens is 30,000 and there was no tokens sales. The early holders of the token earned it from providing liquidity for other yearn finance tokens.
A very interesting token, a small total supply, but the price has already increased very much, although this does not prevent it from making +30% per day.
The price is actually dumped now. It almost reached 40k and the highest ATH it does. What worries me is if the whales accumulate almost all of its supply. Probably the price could increase due to hoarding but guess what? Some tokens have low supply but sticking them on your wallet wouldnt let you earn passive income.Thats what people like YFI cause its a new system of yield farming and many benefited from it. Aside from its value you earn from its protocol. Very nice introduction by Andre actually.
yeah, it reached 40k, but there is a lot of rise on these values as well, i would like to see Crone at the moment, he did not reserved any token for himself, and YFI reached highs in a month, some earned a fortune, but many lost money as well
it was a roller-coaster ride for a month, now one should wait for next ride
A very interesting token, a small total supply, but the price has already increased very much, although this does not prevent it from making +30% per day.
The price is actually dumped now. It almost reached 40k and the highest ATH it does. What worries me is if the whales accumulate almost all of its supply. Probably the price could increase due to hoarding but guess what? Some tokens have low supply but sticking them on your wallet wouldnt let you earn passive income.Thats what people like YFI cause its a new system of yield farming and many benefited from it. Aside from its value you earn from its protocol. Very nice introduction by Andre actually.
For this time learning and knowing the ability of any kind you have to ingage is source of technique that makes more chances to become success.
I really agree with what you said and now there are more and more learning media, which means there are no limits to learning something so that when you are looking for information, you will know better than before because you want to learn something that you just know. YFI is launching on Coinbase Pro, September 14, This is very strong news, I think the holders should be happy.
https://blog.coinbase.com/yearn-finance-yfi-is-launching-on-coinbase-pro-af730b9c5ef0
This could even help yfi to achieve 50k target, for sure if It list on Coinbase https://blog.coinbase.com/yearn-finance-yfi-is-launching-on-coinbase-pro-af730b9c5ef0
A very interesting token, a small total supply, but the price has already increased very much, although this does not prevent it from making +30% per day.
Have a look at YFI's performance in the market for yourself, it can be concluded that it is extraordinary. Typical DeFi project hype this year,
happened to YFI tokens too. Even though YFI's new projects have shown excellent potential, I as a holder is very satisfied with YFI performance.
Even now, the YFI pump price is 21%, so I will hold YFI at least until the end of this year.
happened to YFI tokens too. Even though YFI's new projects have shown excellent potential, I as a holder is very satisfied with YFI performance.
Even now, the YFI pump price is 21%, so I will hold YFI at least until the end of this year.
I really do not see it anymore than what it is, just another project that I am not interested in, there are tons of projects out there and everyone thinks that one of them is the next big thing that they will make a ton of money but in reality I do not see any of these the next big thing that will allow you to retire early. Forget about those type of situations, just focus on the bitcoin and ethereum and those type of known and trustworthy coins and that's enough.
You know why I love bitcoin? Because it is so decentralized that there is not even an owner or a team, anyone can make changes but as long as community doesn't pick it, that is not changing, which means one person can't do anything, all these new projects have those people that has power over the project which I hate.
You know why I love bitcoin? Because it is so decentralized that there is not even an owner or a team, anyone can make changes but as long as community doesn't pick it, that is not changing, which means one person can't do anything, all these new projects have those people that has power over the project which I hate.
i don't know because almost a year not following crypto news,I was surprised when there was a token whose price exceeded bitcoin for me it's quite interesting, but I'm still really not sure YFI's price will get more expensive in the long run for me the price of YFI is very risky.
YFI has been resounding in the news lately as it has overtaking bitcoin in price. The last time I checked YFI was trading above 2 btc. I'm sceptical about the project and would rather see how it happens that invest my resources. The token have only 30,000 tokens and its possibly owned by few persons, who could swing the market since they hold the strings.
I think YFI has been hugely manipulated, otherwise you can't see such huge fluactuation of $38000 ATH from $35 within less than 2 months. It has got huge hype, I think It is way more over rated and should be avoided.
The current price of YFI doesn't seem normal to me, it's got too much hype. Investing in YFI is very risky at the moment. I firmly believe that the price of YFI will return to normal soon.Yearn.finance is being manipulated and exaggerated to the extent necessary. It is not possible just because of the way it works and supply is limited to 30000 YFI that its value is pushed up so quickly. Currently, YFI's circulation is 29967, with only 33 tokens remaining. I watch how they handle the situation of fully exploiting tokens.
You should know about the economy 101. I think that this coin is not getting manipulated as everything that has been running by the developers of YFI very transparent to the traders or users. If you are judging from the low supply and iy sould not be a strong reason to say this coin was getting manipulated by the developers. How are they exploiting the token while there are so many eyes always watching this coin? it's quite difficult to happen.
Even the founder insisted that YFI was not worth it.
Heya
Guys what do you think about yfi
is it worth to invest now
or it should be avoided as of now
The YFI price boom surpassing Bitcoin prices in just a month after launch has shown us the possibility that anything could happen in the current crypto world, but what we need to realize is whether the YFI bubble trend will continue for a long time or it may be temporary. But for sure YFI is currently a pretty good short-term investment in my opinion, but don't try to hold it for long enough because if the bubble bursts the price will fall uncontrollably. Guys what do you think about yfi
is it worth to invest now
or it should be avoided as of now
Many users have stated YFI as manipulated. If this growth has happened to the peak and drops to the low bottom or to some extent, then we can state it as a manipulated growth. Here the YFI market situation is completely stable. At times there is marginal fluctuation. To the low it has fallen close to the value of $20000, and in a short it has recovered reaching above $27000.
For now it isn't good to invest on yearn finance in my view, because it has marked its peak value. We don't have the assurance that the growth will happen forward or drops, if the market crashes what we experience will be a drastic failure or loss of capital. So, it isn't adviced to invest on YFI at the moment.
For now it isn't good to invest on yearn finance in my view, because it has marked its peak value. We don't have the assurance that the growth will happen forward or drops, if the market crashes what we experience will be a drastic failure or loss of capital. So, it isn't adviced to invest on YFI at the moment.
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