Topic: You want DEFI? Go Oldy - page 2. (Read 482 times)
Yes, I understand, because of the high enthusiasm or intention of people to invest in this recent fi fi project due to the success of some of the fi fi projects, many de fi projects have sprung up, and I'm sure most of them are not safe.
DeFi is doing big right now, every crypto news platform is talking about DeFi projects and their success, its possible that DeFi will bring ethereum price to a certain point, I'm thinking 400$ ? It's possible, if this up trending keeps going on this will be big than what ICO did in 2017
DeFi is the real deal now no doubt about that. With the level of support DeFi projects are receiving from the community now, I will not be surprise if scam DeFi projects are coming up from different angles any moment from now. Indeed we need to be very careful about investing in DeFi projects now.
I will like to keep this simple and short, you want to invest in DeFi projects? Yea they are the best presently in terms of fast growth and adoption but watch out for new DeFi projects because they are probably scam, you want DeFi project? Look into those that's been around since 2018 or max 2019, not all newly launched DeFi projects starts development in 2020, DYOR and Play Safe.
You're right, I can still understand backed in 2016 to 2019 when ICO, IEO and STO were onboard, the first sects of these projects went successful and later-on they fell into the hands of the scammers, who now used them for scam. Basically, this defi projects will surely take the same roots like the above and the only solution is, don't be anxious to make investment with new defi projects because they could be from scammers. 
Can someone explain to me why is DeFi so hyped? In principle, the term describes nothing more than what crypto has been stood for since the emergence of platforms such as Ethereum, a decentralised payment ecosystem.
I will like to keep this simple and short, you want to invest in DeFi projects? Yea they are the best presently in terms of fast growth and adoption but watch out for new DeFi projects because they are probably scam, you want DeFi project? Look into those that's been around since 2018 or max 2019, not all newly launched DeFi projects starts development in 2020, DYOR and Play Safe.
Well if one looks around and from past experiences as well starting from ICOs, there is every reason to agree with you. Most Defi projects which has been around before now can be a good investment choice at the same time while some upcoming Defi projects can be trusted but however only very few in this case; because scammers leverages on hype to carry out their plans and Defi has given them that opportunity. Also, if one want to hold Defi projects for long term, I would strongly suggest old projects but for this new ones the risks associated with them might be too much for long term holding.
Investing is better and safer when you invest on old and well known projects, though there are still new project that will surely do well with time but to be on a safer side, i also prefer old projects.
I will like to keep this simple and short, you want to invest in DeFi projects? Yea they are the best presently in terms of fast growth and adoption but watch out for new DeFi projects because they are probably scam, you want DeFi project? Look into those that's been around since 2018 or max 2019, not all newly launched DeFi projects starts development in 2020, DYOR and Play Safe.
yes, there is no reason to jump into new projects
The new Project DeFi they play hit and run on average. I consider it a good moment too if you can start early before the listing market to get more profits but the risk is also high because they do not know if they cheat and run away.
still everything is still vulnerable but still accept the risk if you want to get profit. and it's true that DeFi is now a project that might enrich us today in this pandemic.
I would not bet big on DeFi. All financial systems based on Stablecoins based on the exchange rate of the dollar, having manual control and administration are subject to the risk of loss of financial assets. DeFi is not an exception. SEC proved DeFi could be the following https://decrypt.co/35532/sec-killed-icos-defi -could-be-next still everything is still vulnerable but still accept the risk if you want to get profit. and it's true that DeFi is now a project that might enrich us today in this pandemic.
The new Project DeFi they play hit and run on average. I consider it a good moment too if you can start early before the listing market to get more profits but the risk is also high because they do not know if they cheat and run away.
still everything is still vulnerable but still accept the risk if you want to get profit. and it's true that DeFi is now a project that might enrich us today in this pandemic.
still everything is still vulnerable but still accept the risk if you want to get profit. and it's true that DeFi is now a project that might enrich us today in this pandemic.
I will like to keep this simple and short, you want to invest in DeFi projects? Yea they are the best presently in terms of fast growth and adoption but watch out for new DeFi projects because they are probably scam, you want DeFi project? Look into those that's been around since 2018 or max 2019, not all newly launched DeFi projects starts development in 2020, DYOR and Play Safe.
I do not know of any user centric success of defis as yet because they offer even less than 1% returns annually for providing them with eth which is insanely low and small investors cannot benefit from this and only big exchanges and investors having thousands of eth are enjoying by parking idle eth and making daily returns.Once the conditions improve and returns increase significantly only then it can be adopted by masses in real sense.
Most people try to play safe by investing in those DeFi projects that have been in the space for a long time, but do you know that they also started from somewhere. The same is what is happening to those that are new. Although, I would not advise investing without knowing well enough about the DeF project. Now that DeFi projects are succeeding and people expecting so much from them. Some even believed that Defi will aid the bull run. It might be surprising that cameras might adopt the strategy. They are always after new things and use that as baits for investors.
I like the Defi project and have invested in one of the Defi projects whose development is quite promising. At the moment, the Defi Project that is quite interesting to me is Chainlink because it is successful in terms of growth. Well recently Link prices reached new ATH
I will like to keep this simple and short, you want to invest in DeFi projects? Yea they are the best presently in terms of fast growth and adoption but watch out for new DeFi projects because they are probably scam, you want DeFi project? Look into those that's been around since 2018 or max 2019, not all newly launched DeFi projects starts development in 2020, DYOR and Play Safe.
You make a good point since Defi project is making waves these days and the crypto scammer will also use the Defi strategy to scam people sooner or later but the long existence of a project in the market cant also be used to judge the future success of a project and what's important now is for crypto investors to develop their knowledge in knowing how to select genuine project.
Old DeFi projects are pretty safer, they don't know that DeFi will be huge this year so no scam plan, still I recommend doing your own research before choosing any projects, remember that Devs and team are human too, they might have a change of heart
I will like to keep this simple and short, you want to invest in DeFi projects? Yea they are the best presently in terms of fast growth and adoption but watch out for new DeFi projects because they are probably scam, you want DeFi project? Look into those that's been around since 2018 or max 2019, not all newly launched DeFi projects starts development in 2020, DYOR and Play Safe.
New idea will always gets hype so it will give opportunity for short term investors on legit projects to make money but long term is still unpredictable and on the other hand lot of scammers will also trap investors with the idea of defi so make sure we are investing after done enough research on the project, team, community and lot of other factors.
For safety precautions it's better to invest on DeFi projects that aren't knew but I believe there will be new DeFi projects that aren't scam too, it's all about how good you are with your researching skills
I will like to keep this simple and short, you want to invest in DeFi projects? Yea they are the best presently in terms of fast growth and adoption but watch out for new DeFi projects because they are probably scam, you want DeFi project? Look into those that's been around since 2018 or max 2019, not all newly launched DeFi projects starts development in 2020, DYOR and Play Safe.
I have such concerns as well as there are a lot of defi projects popping up but can you please name some confirmed scam projects in this category, I am just asking for the awareness of the community here. 
Currently, Defi is overhyped and wit hype FOMO follows. Incredible returns till date from most of the top DeFi projects does not mean that others will do the same. The top 5 Defi projects with the highest ROI still have a USD value of less than $5. If you want to ride the boat of the highest ROI you still can with these projects.
I will like to keep this simple and short, you want to invest in DeFi projects? Yea they are the best presently in terms of fast growth and adoption but watch out for new DeFi projects because they are probably scam, you want DeFi project? Look into those that's been around since 2018 or max 2019, not all newly launched DeFi projects starts development in 2020, DYOR and Play Safe.
I'm not yet interested investing in DeFi. They are too many to choose and there are also those CeFi which are more common than the defi's that we have. I'm not belittling the DeFis but in terms of popularity, I think both are being par.I think time will come and DeFi's will be ripe and just like the ICO days, this will become the new trend.
Since there's no guarantee for bigger returns but as long as it's a legit and smaller amount, that's better.
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