What do You think about YFI ? - page 7.

CaVO32

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Quote from: Pffrt on September 07, 2020, 10:47:08 AM

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.

Overvalued project with no working platform yet. Check their products and you will see that they are still in beta up until now. So there is really no logic why they have very expensive price of this in the market. Won't touch this project if I were you. Manipulation is real on this platform. Stay vigilant on this kind of hype.

Renampun

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Quote from: Pffrt on September 07, 2020, 10:47:08 AM

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.

manipulating a currency's price has been the trick in recent years since ICO / IEOs started getting crowded...
The point is that YFI developers only want to make a fuss when DeFi is HYPE, if you invest in YFI then you must be prepared for possible losses in the future. don't you FOMO on YFI because it's all pure price manipulation.

btc_angela

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I think this is one of the most created thread in this board, and has been discussed to death already:

tabas

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Too many YFI and you need to be careful with those. Don't invest everything based on hype and what you've just heard. DYOR.
Many of those YFI were copy cats and doesn't look serious with their projects. If I'm about to invest into a YFI, I'll choose to invest other altcoins than those.

bitcoingape

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Quote from: Raflesia on September 07, 2020, 12:13:30 PM

YFI is a token of hype and it was done in a short time. I'm not even sure it's worth investing in, of course this is a big hype that a group of people has created and it's better to avoid from now on.
There are still coins worth investing in, for example bitcoin as the main coin and in your future investment and some other altcoins that have the same potential as bitcoin.
Do not be influenced by large increases, it can even be a trap for those of you who want to invest now.

What do you think about these coins?

Not only YFI these 3-4 coins also worth to look for?

Raflesia

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YFI is a token of hype and it was done in a short time. I'm not even sure it's worth investing in, of course this is a big hype that a group of people has created and it's better to avoid from now on.
There are still coins worth investing in, for example bitcoin as the main coin and in your future investment and some other altcoins that have the same potential as bitcoin.
Do not be influenced by large increases, it can even be a trap for those of you who want to invest now.

bitcoingape

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Quote from: ?? on ??

I think its a project with huge market manipulation. How a project can go from 18$ to $40k. A whale manipulates that market to attract investors. What is the use of YFI? I don't know much about that project but what that project has done looks a pure market manipulation. For the first time, we have seen a project cross the price of BTC in such a short period of time.

Infact not only Yfi there is around 7 to 8 coins which was nearly at price of 8k to 12k

makishart

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YFI is an over valued coin right now and you must try avoid investing in the YFI coin. it can get dumped anytime. Almost whole of Y family coins have been facing very big downtrend and i think that the real YFI will be also following such trend. The bullish will never remain forever and you must know that.

You are taking a very big risk for your money if you are entering the YFI market right now.

bitcoingape

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Quote from: Pffrt on September 07, 2020, 10:47:08 AM

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.

That is what i,m thinking but i was also in impression that it goes high upto $38k, then if we purchase on 5-6k then there must be quick profit chances

kingzpro

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I will not be getting into yfi for two main reasons.
It still looks too over valued to me.
Secondly, i am not going to invest in such highly price coin. I just feel not right about it.

Pffrt

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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.

kindbtc

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Personally i would weight because it has shown multifold gains just like straight line up which is kind of un natural so i expect bigger and deeper correction.

bitcoingape

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Heya

Guys what do you think about yfi

is it worth to invest now

or it should be avoided as of now

Topic: What do You think about YFI ? - page 7. (Read 1302 times)