Which one is Best Alts or Defi Coin? - page 2.

martina14

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Quote from: bnntalk on September 14, 2021, 12:58:38 AM

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?

Before I don't like Defi, but when NFT games became trending at the present time now, ah little by little I checked some of the defi coins
that are on top in the market. Then, I found out that still altcoins remain one of the good place to trade in here in this business industry.
But still if the Defi coins is under BSC platform that would be nice for me but if it is under by ERC20, nope its not good in my own opinion.

Matteorsini

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Quote from: bnntalk on September 14, 2021, 12:58:38 AM

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?

My portfolio includes the following coins:
- ETH
- XRP
- ADA
- LTC
and my hidden pearl is #Stakenet's #XSN. A stable project with fast growth development. I hope that more people appreciate its amazing future. https://stakenet.io

tiffcrz

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Quote from: bnntalk on September 14, 2021, 12:58:38 AM

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?

I'm a sucker for Altcoins. ETH and LTC are my attached altcoins in my portfolio. I already profited from them and I plan to acquire more when I got some funds.
I also reserved a slot for Stakenet's XSN in my bag. A very promising low cap coin that has huge potential to burst. You might want to check this one out too.

firesurfer

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Quote from: makishart on September 14, 2021, 06:39:21 AM

Quote from: bnntalk on September 14, 2021, 12:58:38 AM

but I am confused Is Defi bes Best from Alts?

This is a very difficult thing to be determined. As far as i know if almost all of the defi platforms in the cryptocurrencies were offering almost similar features but the thing that makes it different should be from the reputation of the platform itself. I personally will try to pick the TVL as a way to determined which was the best defi from the altcoin.

There are lots of defi platforms have been running on the various chains but the question is didn't mind it if these list come from the various chains?

I have some best defi platforms in the cryptocurrency.
1. AAVE
2. UNISWAP
3. Pancakeswap
4. Sovryn
5. Quickswap
6. Compound
7. Chess

These defi platforms were running on the different blockchains and you may need to did a deeply research to pick the best one from this list.

I agree with the first 6 names. Number 7 I will dedicate to SUSHISWAP because this project has supported many blockchain platforms including OK chain, Houbichain, Kucoinchain, ETH, BSC, Fantom, Polygon, XDAI chain, Moonbeam Network. This is also the project that SAM-CEO of AMELADA research invests and ensures development.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: herizal85 on September 18, 2021, 11:08:28 PM

I think defi is more interesting because many venture capitalists and even wall street have also been playing defi for the past few months. And when there are many institutions or large investment injections into a token, fundamentally it becomes a positive sentiment for future prospects.

Wow mate, slow down there.

Wall street is way more interested in running their penny stocks and bonds, while at the same time taking risky bets on investment banks who are again happily fulfilling them.

The VCs who are putting money into DeFi are not that saintlike as you might think. All these "Deals" are done with money and they are in it for the money too. Once they get their profit back, they will exit and like that have always done with the ICO markets, they will do the same here. Once the advisors leave, the devs will start leaving too and the investors will be left hanging high and dry while the project gets abandoned.

cabron

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https://www.betcoin.ag

Quote from: herizal85 on September 18, 2021, 11:08:28 PM

I think defi is more interesting because many venture capitalists and even wall street have also been playing defi for the past few months. And when there are many institutions or large investment injections into a token, fundamentally it becomes a positive sentiment for future prospects.

And it's also the reason why SEC is looking into DEFI in crypto space. As of now, they're trying to see what they could do to control CEFI and they just tested Celsius and Blockfi. Be careful which DEFI project to pick, platforms are often like Cefi actaully even if it's Uniwap or pancake, they are just alike.

Gotten some UNI from airdrop and that's just what I'm going to hold. I think UNI still is one of the best DEFI projects out there.

herizal85

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I think defi is more interesting because many venture capitalists and even wall street have also been playing defi for the past few months. And when there are many institutions or large investment injections into a token, fundamentally it becomes a positive sentiment for future prospects.

Dread Pirate Roberts

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Quote from: bnntalk on September 14, 2021, 12:58:38 AM

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?

Well it depends on the coin, the developer. and the project. But personally, I prefer new defi, which can clearly provide benefits compared to new altcoins that I don't know anything about. defi can provide direct benefits to the user. and in terms of trends for now, i think defi is also more popular.

AhmadM

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Quote from: Ngewex Yuk on September 15, 2021, 04:06:08 AM

Defi is better than altcoins. Defi is a more promising platform in the future, defi makes many parties such as stock brokers, banks and other intermediary services die, I think this is a development of the times and technology because everything will change according to needs and our future is the one who has his own control without third party dependency.

Well defi is still considered as altcoins as well, I feel kinda bizarre once you pointed it out as something like defi is the best among the whole crypto environment. Every single altcoin has its own advantages so I couldn't agree defi is the best one, not to mention most defi coins are quite the same in many ways.

CryptoWarriorsssss

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defi coin for sure

amishmanish

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First it was DeFi on Ethereum, then came DeFi on the other chains like Polygon, Solana (which has been stuck for a while), AVAX, BSC (Private chain akin to Binance exchange) and FTM.

Then it was NFTs on Ethereum and then on all the others.

It is hard to choose which one is supposed to be the best amongst these. I'd say that most legitimate projects still build on Ethereum first and then move for implementing on other chains. The high gas fees and the ridiculous NFT drops price out most people who cannot afford to pay upwards of 30-40 USD per transaction. This is where chains like BSC come in.

If you simply want to gamble your money on farms which are mostly only meant for pump and dumps but you feel you can take it out in time, then BSC and Pancakeswap have the easiest interfaces and ease of transferring assets due to the Binance bridge.

If you are completely new, i'd strongly recommend taking your business to FTM though. There are enough bridges for you to easily transfer amongst different chains and they provide staking rewards with the Spookyswap platform. One advantage of FTM is that Andre is also building on it. So, it could easily be the next big thing.

mamesso

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Quote from: Ngewex Yuk on September 15, 2021, 04:06:08 AM

Defi is better than altcoins. Defi is a more promising platform in the future, defi makes many parties such as stock brokers, banks and other intermediary services die, I think this is a development of the times and technology because everything will change according to needs and our future is the one who has his own control without third party dependency.

The presence of the Defi project brings a new face to cryptocurrency, Defi is a new generation after previous ICO and IEO graced crypto project. So far Project Defi has proved very successful, thus making it difficult for many parties to compete with the concept proposed by the Defi project. Until now the Defi project is still doing its best, and successfully launched their project in the form of a new trend (NFT token). Although the Defi project is still in a new category, but Defi was able to attract the attention of investor to join their project.

fullhdpixel

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Quote from: bnntalk on September 14, 2021, 12:58:38 AM

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?

It’s up to you to decide that for yourself. Before going into anything you should do a good research on it and know whether it’s going to workout. A lot of this DeFi you’ll see these days has high fees when you are doing transactions with them, although it’s something that has to do with Ethereum. But, there are also good DeFi that you will find, as well there are good altcoins you will see. Like I said, before you make your decision you have to do your research, look well into what you are about to invest in and know whether it’s going to be worth it or not, before you invest your money in it.

Shallow

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Quote from: bnntalk on September 14, 2021, 12:58:38 AM

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?

DeFi trend seems to be most lasting and most impacting, because till date a lot of them are still in existence and a lot of them are still working out good features and Defi services which will keep attracting a lot of investors. The interesting thing is, even in the midst of the NFT trend, DeFi ecosystem is still waxing strong, it is still growing and still swimming with a lot of good projects, thus in my own opinion I would say, in Defi ecosystem lies some of the best altcoins.
Lastly, it is also in DeFi you will see a lot of projects with active working products which are being leveraged on by users to achieve a lot of things. In fact the benefits and potentials are numerous.

[email protected]

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Quote from: Coin_trader on September 15, 2021, 10:57:41 AM

Quote from: ?? on ??

The presence of DeFi makes bright hopes for cryptocurrencies, of course ordinary projects with no clear direction will find it difficult to compete with DeFi platforms, this is also a threat to the financial system namely banks, I hope there are big companies that are serious about making DeFi projects so that they will make crypto soon bank elimination.

It's impossible to eliminate banks because they are supported by the government. That's why regulators pushing crypto to become regulatory compliant or else SEC will sue them by imposing a law. So far this issue still on gray area since there's no clear guidelines for crypto but soon we might face a mandatory KYC despite having a DeFi ecosystem. This is how big players manipulate the global economy.

eliminate the ecosystem that banks have built for centuries? obviously, that wouldn't be possible. DeFi is doing well this year, but its use is not that great to replace banks. government support as you say is one of them.
I actually think that DeFi will support the Bank in the future. technology will continue to evolve in the future. as well as technology in world financial management. crypto I believe has been talked about and considered a lot. DeFi will be one of them.

Coin_trader

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Quote from: ?? on ??

The presence of DeFi makes bright hopes for cryptocurrencies, of course ordinary projects with no clear direction will find it difficult to compete with DeFi platforms, this is also a threat to the financial system namely banks, I hope there are big companies that are serious about making DeFi projects so that they will make crypto soon bank elimination.

It's impossible to eliminate banks because they are supported by the government. That's why regulators pushing crypto to become regulatory compliant or else SEC will sue them by imposing a law. So far this issue still on gray area since there's no clear guidelines for crypto but soon we might face a mandatory KYC despite having a DeFi ecosystem. This is how big players manipulate the global economy.

nemey

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Catena X

it is true that one form of crypto financial system that provides convenience without enormous risk and is currently trending among crypto investors is DeFi.
DeFi itself is an open financial system run by smart contracts that is currently used by the Ethereum cryptocurrency platform, one of the best cryptocurrencies after bitcoin. The existence of this smart contract can make it easy for crypto money users to carry out transactions and investments without having to be intermediaries, in other words DeFi is good but I think Alts is a little above it.

Reid

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I only know 2 DeFi's and those are both with "swap" on their names.
Performance base, those 2 swap names seem to conquer the NFT field and they are in the boom without NFT purchasers even realizing it.
If one project defaults to the DeFi swap platform as their means of purchasing NFT tokens then investors will just follow the instruction given.
Damn, I should've invested in those but I think it's too late for now. Could've been a large profit if I were a bit early.

Judrob

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Quote from: bnntalk on September 14, 2021, 12:58:38 AM

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?

One very good project I'd like to recommend is XSN - Stakenet's native currency.

Instant TXs and settlements
Near-zero fees
Scalable
Cross-chain
Private
No wrapping
API supported

Backed by an amazing team and community.

imstillthebest

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i think the reason why defi was popular before because it was still new in the ears of the investors but nowadays the hyped of defi got lowered .
if this continue , those that invest in defi coins will go back on regular altcoins .
this is why regular altcoins are better than in defi or other seasonal projects because theres always a demand for them anytime of the day .

Topic: Which one is Best Alts or Defi Coin? - page 2. (Read 463 times)