Bitcoin Forum

We saw bitcoin surpassed the $11,000 level and saw a massive moonshot of DeFi projects. I hope you guys diversify your portfolio to some defi projects to earn a passive income while waiting for the bull market.

its DeFi everywhere, Crypto DeFi projects springing up from every corner of the space, i can't say for sure that the bull run has triggered it but i sure do know that DeFi is the new financial structure that people alternatively resort to in terms of seeking solutions and others.

I think defi project will perform well if there will be another bull run in this year, am shock the way btc price sky rock this few days so suddenly, after weeks of being stable then suddenly boom the price keeps surging up,
Defi is hot right now, am using the opportunity to join a defi project campaign so I can earn some free defi coins for keep.

I personally don't believe that its not a bull run, but functionally new financial structure that came up.
I think that its only a matter of time when market is going to be corrected this way or another

I'm okay with bitcoin, Ethereum, and other participating altcoins but with Defi, I haven't got mine. I can wait for Ethereum to become 2.0 so that I can stake and get some bucks with it. That's the easiest passive income that I can rely upon and with sure liquidity.

I don't think all Defi worths investing so it would be better we advice everyone to always do Reserch before buying anything. I have seen a defi that dumped so hard despite altcoins period it was still dumping and now bitcoin is growing, it has practically dumped more. Let's do Reserch before investing please.

Yeah, In fact, some existing projects are launching their DeFi projects like MATIC, recently they announce their multi-million dollar DeFi-focused incubator program! Found it on twitter https://twitter.com/maticnetwork/status/1288101900374573056 DeFi is really something now, I guess it is a good opportunity, you can find more existing DeFi projects here: https://coinmarketcap.com/defi/

Defi projects are everywhere already in every platform like TRON, EOS and even some dex planned to shift their plans to provide lending already. I followed one project which I hold some tokens of it, the price recently just pumped up, and visiting to their telegram was a surprising defi on their platform. Taking advantage of this hype means a good profit for them.

Correction is inevitable and people should really have this kind of mindset on where they dont easily been hyped up when the price tends to rise up on this way.Good thing that the market is showing up some greens recently but doesnt indicate that this is already the start of the bull run but to say the least that we shouldnt really be that on a hurry and its much preferred to see prices on a gradual movement manner rather than seeing
long green candle spikes in a short time.In talks of DeFi projects which im not really that a fan of then its good that they are gaining which is somewhat expected when btc market do moves up and same with
top alts in the market, just remember that just dont be too confident and secure profits out while you can.

I agree with your suggestion, even as much as defi projects are trending and making headlines, it's wise for one to keep a cool head and research before joining a project. I remember when sometime ago, around last year when deflationary tokens were making headlines and sharp upward movements, It was obvious that these projects were not backed with any real use, but they made their way to the tops. As we know now, they're no where to be found.

I feel the same way. DeFi projects may be good, but I would like to take a look at them for a while. It's somehow more customary to rely on profits from bitcoin, ethereum and other top altcoins. DeFi projects take time to establish themselves. Therefore, I will refrain from their passive income for now. Overall, however, it is very tempting.

It is better to hold our interest briefly to enter into DeFi project, we must see the market's interest in this DeFi project, whether they get most attention from Crypto public or not. I personally still choose the top 1-20 coins for my long-term investment.

We are at the earliest stages of DeFi. Be mindful of it. This means we cannot overhype DeFi projects. Enough caution should always be observed.

DeFi has very strong potentials of course. It cannot be denied that DeFi has a very bright future and might as well take over the old traditional ways of doing financial services. But, as I have said, we are still at the starting phase. Things will change quite fast in the next months and years. This means earlier DeFi projects may be replaced by new and more developed ones more quickly.

I get this. A new crypto currency surfaces and creates headlines but it still wouldnt hurt to conduct your own sufficient research before jumping on to a project by DeFi. Tho youre not paying for coins, time is still valuable.

I also choose the top 1-20 coins for a long term investment, but I don't close my eyes if I can see the coins can increase in a short-term because that means, I can make a profit without waiting for a long term. I don't know much about defi project because I don't have an interest in that project now. Maybe later if I can visit one or two or I can read some information about the project, I will invest in the defi project.

You do the same as me! I don't have any particular plan for trading and investing, all I do is flexibly deal with the market. My concrete plan is to invest in those top coins, though, I would take the risk if I see there's a coin that has the potential to pump shortly. Long-term investment are safer, however, short-term investment can be more profitable!

DeFi is really making waves right now. Everyone everywhere is singing DeFi projects. It is possible to see some DeFi projects rising so high in price before the end of the year. Though from the study of DeFi projects, it appears to be very dangerous. We can only hope that nothing goes wrong.

Yes, it is making waves right now, and this brings with it some danger that a lot of people might just allow themselves to be caught by these huge waves without doing the necessary research and familiarization of what they are actually getting into. DeFi is being proclaimed everywhere as if its coming is kind of messianic and that it will destroy very easily the established yet obsolete traditional finance.

DeFi's arrival is like the ICO arrival a few years ago. There's much hype and noise all around. But no less than Ethereum's Vitalik Buterin is warning people about DeFi's risks. If people want to invest in DeFi, the investment amount should be not beyond what they can afford to lose. Same old advice applies to a very hyped trend. 

DeFi makes a new bull run of crypto market, i think that it will stronger than the bull run made by IEO trend last year. Because while IEO is only a new form of ICO, DeFi has many real use cases in finance and bank such as stablecoins, mortgages, and insurance.

Diversification is a must but if you are not familiar with DeFi projects, then I highly suggest to make research first before buying and investing. For now, I will keep on holding with bitcoin and top altcoins, and will soon invest on DeFi if I see good potential.

Don't rush to get everything because you can't have it all, take time to study and do your best in researching. If you are not familiar with that then go to basic, hold more bitcoin. Cryptomarket is literally on fire right now, stay focus!

I see it is still the same as other good news as it has happened in the previous times because I see when there is good news like FOMO will provide cryptocurrency price movements will increase in price, hopefully all traders can take advantage of this moment to seek profits

And if you are looking for a DeFi project I highly recommend Oikos https://oikos.cash/ I've promoted it as a bounty hunter and it's one of the best projects this year, I invite you to take a closer look, it's the start of the Defi project and Coingecko just started their page for Defi
https://www.coingecko.com/en/defi

I totally agree that DeFi is on fire right now! This is the reason why Ethereum has surged up to $324 and Bitcoin up to $11,400. Based on my analysis though, the surge is kinda parabolic rather than being a steady staircase. For me, I think there would be a bit of a price correction after this parabolic surge before we could see steady gains again.

We thought that Bitcoin would be "boring" because of the price treading water between $9,000-$9,300 for a long while. Now that DeFi is on a roll, I certainly believe it will help push Bitcoin, Ethereum and other promising altcoins (especially DeFi coins and tokens) to go even higher later on.

yeah last few days is pretty positive days for bitcoin & defi project performing really well.Also FOMO working very well behind the scenes. overall it's defi time by the way.That's why I am taking the opportunity to earn some free defi coins & hoping the better outcome

Now that the Defi project is becoming the most prominent investment trend in this market and the crypto market has been getting more and more attention in recent times. I think with what is happening, we can safely invest and should choose potential Defi projects to consider. In addition, you should also invest some coins in the top 5 CMC because all 5 coins will follow Bitcoin price if this coin increases.

This is a must. No one wants to put his egg on one basket. I like how defi stream becomes a fast working ground for crypto adoption. Most defi users are ripping the profits by just using lending and even doing staking. The only negative side of defi are it is bound by too much hype which could be used by scammers to create a new hype and scams. Its only a matter of time, before someone introduced a fake project and will just put on the description "defi". People are not looking into details anymore and just hop in as soon they heard its defi defi.

Right now, most of my holding is in Bitcoin & Ethereum and a couple of DeFi projects because once BTC is done pumping then would be the time for DeFi projects to shine. Right now, I am only holding a few DeFi tokens that I believe have a good future ahead and sold the rest of them.

My fear is the large amount of new DEFI projects coming out lately. Even existing projects are adopting the DEFI concept just to eat of the crypcurrency space cake. I hope it wont turn to replace the ICO scam if it starts raising ridiculous high amount soon. I also think my purpose here is to make money, if DEFI is the next money making venture I need to know when and how get in and get out.

Defi is so hot right now, I feel it is very similar to ICO in 2017 when every project succeeds. And I'm also sure that a lot of Defi projects will be scams, so be really careful when you want to invest in it.

DeFi is now becoming a popularity of many investors to some DeFi projects than to other altcoins.
but even when bitcoin goes up some DeFi have survived and some have not, have to take risks and in-depth research so that they don't choose DeFi for the next few events.

Indeed. If people are looking for financial solutions with a touch of decentralization, Defi projects are the right choice. It allows its users to utilize financial services in a trust less and transparent manner. The list of all the Defi projects can be found at this site along with a lot of information for people who are new to this concept https://defirate.com/projects/.

Moreover, it’s not the bull run that has triggered the movement of Defi projects, it seems quite the opposite. The trending bull movement pattern is being formed due to the hype going around Defi projects.

Yes, DeFi is the current hot cake of the crypto market. Investors are running behind of defi projects. I personally also connected with a Defi project. That is Oikos. Currently holding 1300 OKS tokens. I am looking for a good future for this project.
DeFi is the next big hype of the market after the ICO hype.

As long as the development will be going so well and oikos can go to the moon. we should remember if some defi are still in the early development progress and a big update can't be done just in overnight now.

Defi is related to the product development and people will be taking the main usage of product rather than focus into the speculation for the future of project.

DeFi projects are already on fire before bitcoin rise up to 10,000$, DeFi projects like COMP and Aave have already surge very high and this i believe is the reason why ethereum left it's 200$ boundary too

Defi has had a positive impact on this market, which makes many people interested and invest in this market. Since then, Bitcoin has pumped up to over $ 11k and also helped ETH grow to $ 340 at the moment, I believe bull run has officially begun.

What if bitcoin suddenly can be crosschain to defi? I think that would be great to see. I know a lot are into defi and bitcoin price fuels the defi ecosystem. Ethereum on the other hand are now flying due to their launch soon. Many good news are now happening on the cryptomarket so everyone must be ready cause I think the bull run season could be near and could possibly explode this year.

Am not a dev but I think that is not going to be possible any more, besides there is not so much importance in DeFi project aside lending features, I think now most of the Defi project are only base on hype now just like all the previous ico/ieo projects, I see eth is on fire lately, I hope other alts will also start to increase in price too.

2017 had ICOs, 2020 has DeFi. Even projects that didn't have any direct connection to the decentralized finance sphere before the craze are now jumping on the hype train, plastering their brand with DeFi labels, "infrastructure perfect for building DeFi solutions" and similar PR stunts. But hey, maybe DeFi is really the next big thing in crypto and not some one day wonder and people who currently refuse to participate in the craze could sit out on dem massive gains. 

COMP and AAve has been getting a lot of demand even before the bitcoin bullish trend is coming right now. Both were getting a very huge demand caused by its usefulness as those projects have been taking the momentum. It's not the reason why ethereum gets an increase.

It's true that Bitcoin made it past the price of $ 11,000 which is a very good achievement. But with the rise in prices Bitcoin caused some
DeFi projects join the pump, but be careful to follow DeFi projects. Because part of it is a trap set by scammers, now many DeFi projects
are used for fundraising ICO scams. Do your research and analysis well, then it will show where DeFi projects that are really profitable.

As popular as DeFi projects are nowadays, I still want to advice that you invest with cautious, it's not all of them that are actually good.  I think DeFi projects are being surrounded with a lot of hypes for now, some of them cannot still be trusted. As you are eager to make some quick profit from DeFi, remember to trade with caution!

We also saw many altcoins bleed when bitcoin was up for that little bull run it made. Defi projects surely are the most trending and hot topic right now which is surely creating some kind of a hype in the market and giving a push to this ongoing uptrend.

I would recommend people to wait for the correction and then invest in Defi projects and not amid this hype. If one is keen on getting into the market now, I would recommend investing in projects that haven’t rallied up along with bitcoin. These projects are likely to show growth in the short term and quick profit can be achieved.

I am incredibly glad that I have bought some diverse projects during march/april's market dump, so am going to be in pretty awesome position with more than pleasing profits

reasonable if the Defi project is on Fire, because indeed Q3 to Q4 will be very Hype for the Defi project,
but it will also be very risky if you enter there, don't be careless

I noticed some DeFi projects had a significant increase in value, but I don't think that has anything to do with Bitcoin value increasing. Its a wise idea to hold some DeFi projects with great use case, you never can tell how well the pump would go, but be careful not to fall victim because I know we'll be having many scam tokens claiming to be Defi.

I saw the news that the chain is buying ETH and Amazon accepting BTC for payments. Maybe that can be the reason behind this pump. Also, I saw in another news that the DeFi project is storing ETH after being accused as a scam. But I think its a positive sign because the market got momentums after this pandemic and liquidity came to the market again.

I have Oikos because I used to be part of their campaign before I move to Bitvest and still holding it and not going to sell I am following it's development and things are looking good on Oikos right now I expected to make good profit once all their platform are launch, better add Oikos to your portfolio while it's cheap.

on fire but we must to be vigilant, recently I found a DeFi project that seemed strange, that is Space DeFi I saw when their token sales were running, only a few ETHs were obtained, but the funny thing was that they said they would listing on large exchanges like KuCoin and they didn't have ANN Thread on Bitcointalk. .

DeFi projects have been created in cryptocurrency and give the opportunity for us.
Other coins than bitcoin are pumping too, for example ethereum. I think it is good to buy some eth coins because the upcoming update.

Your replies are strange also. If any project collect small amount and if they promise to be listed on major exchange,  what is the problem?  May be they have personal funding from sponsors, may be they already have enough fund and they dont disclose, may be due to NDA.
I have seen many project without bounty campaign, btt ann thread, no social media advertisement, yet they were successfu, atleast for a while   

This defi project got my interest when I check through social media some people are talking about this project. There’s no still guarantees if this project will continues to be top just like other, in my opinion, of course we have to be safe when it comes to investing. As others been said buy the roumour sell the news so when you invest be always watch out since crypto market is volatile.

As we all know that Defi projects are doing well in all the platform and also listed their coin on good platforms. The price of their token usually pump...
But nevertheless, we must not forget that  Defi is at the earlier stage, despite the fact that they are fast growing doesn't mean that it will continue like this which means we must be very careful.
There's nothing bad in investing with them it just requires a good and thorough research.

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What I think is wrong in the situation is that some of these DeFi projects are enjoying high price without valid reason.
Check the background and usability of their app, and you will come to know that they have no active use case yet in the market.
So this is alarming for me. Having an expensive price without foundation. The downfall is looming in this situation.
If you are a DeFi investor, you need to gauge your decision whether to get out or continue while they are still on fire.