Which one is Best Alts or Defi Coin? - page 4.

makishart

legendary

Activity: 3108

Merit: 1029

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.

blockman

hero member

Activity: 3038

Merit: 628

Vave.com - Crypto Casino

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 is a classification and they're platforms unlike altcoins, they're the usual altcoins that we know. Most DeFis are accepting altcoins for you to yield farm and stake if they have that feature specific for the altcoin that you'll deposit there. Knowing what's best, it depends to your knowledge and investing style if you want to go with simply holding altcoins or invest them into DeFis. But if you talk about the best, it's best for you to have bitcoin and it's the best from alts and DeFis.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

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?

When Altcoins first came there were discussions on which was best - bitcoin or altcoin, today you know the answer is bitcoin, even if you might deny it. Then came questions on which altcoin among all altcoins was best - answer was none, but people did not like that but today you know even that is true.

So now we have the same question on DeFi. Answer remains same, only bitcoin is the one which is best. Altcoins are shitcoins that have no intrinsic value and those projects running the name of DeFi to run stablecoins and lending pools are more or less the same waste of time and money that altcoins are.

In case you are misinformed, only wannabe traders get into altcoins and they get rekt pretty quickly too and stop trading. The one who remain for long know that bitcoin is the only coin to buy and any other "New project" coming up is a time waster money grabber.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

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 depends on the project because whether it is DeFi project or the Altcoin project if the project really develops a serious project and has a good plan that can grow in the future, that will be a good project that can give you profit. But DeFi is just a new trend in the crypto world so you need to know that every trend will end and replace by new trends. If you want to invest in DeFi, you need to research to find the right project. That will be the same for investing in Altcoin. But I suggest you invest in bitcoin if you are hard to find which is a good project.

bandungan

full member

Activity: 798

Merit: 100

Quote from: RussianEnglishTranslation on September 14, 2021, 01:59:00 AM

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?

They are very popular but avoid DeFi on Ethereum because the gas fees will eat all of your profits. There are a lot of rewards that I can't claim because the gas fees are worth more than what I farmed. Now I farm on Spookyswap on Fantom and on Ref Finance on NEAR protocol, both of these have amazing rewards. I'm considering moving my funds from BSC to NEAR when the rainbow bridge is live too.

sometimes that's a classic problem. The huge cost of gas has become one of the scary things nowadays. ETH gas costs are very high and sometimes it's hard to predict inaccurate gwei increases.

RussianEnglishTranslation

jr. member

Activity: 840

Merit: 6

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?

They are very popular but avoid DeFi on Ethereum because the gas fees will eat all of your profits. There are a lot of rewards that I can't claim because the gas fees are worth more than what I farmed. Now I farm on Spookyswap on Fantom and on Ref Finance on NEAR protocol, both of these have amazing rewards. I'm considering moving my funds from BSC to NEAR when the rainbow bridge is live too.

cryptoaddictchie

legendary

Activity: 2100

Merit: 1321

Fully Regulated Crypto Casino

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?

Its swarming with defi coins so its kinda hard to say which one is the best. Almost all coins now are affiliated with defi or some making or changing their project into defi. But if we gonna based it on actual performance we can see those top tier project defi product such as aave and sinx. Plenty of projects now in the defi trend so pick your poison.

bnntalk

newbie

Activity: 15

Merit: 0

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?

Topic: Which one is Best Alts or Defi Coin? - page 4. (Read 463 times)