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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Dragonfund on September 08, 2020, 12:44:23 PM



Title: History will be repeating itself, invest wisely.
Post by: Dragonfund on September 08, 2020, 12:44:23 PM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.
https://i.ibb.co/Kj8hYh5/Reddit.png


Title: Re: History will be repeating itself, invest wisely.
Post by: Chukwunonso on September 08, 2020, 12:52:43 PM
I've always chosen to stay away from high yield investments because of the intensity of the risk involved. Defi projects has no doubt been very lucrative, but we've seen crazy dumping in its value over time. Despite the trend of Defi projects collapse, more are still being established and people are buying the tokens massively.


Title: Re: History will be repeating itself, invest wisely.
Post by: Akiko on September 08, 2020, 01:13:46 PM
I've always chosen to stay away from high yield investments because of the intensity of the risk involved. Defi projects has no doubt been very lucrative, but we've seen crazy dumping in its value over time. Despite the trend of Defi projects collapse, more are still being established and people are buying the tokens massively.

Because people think they can earn a lot if they invest early in a project that's why many of them invested even they know that this is also a high risk invesment . That -50% is a wake  up call that it can also happen to every defi  project -50% is too much lost in normal investment they should always think carefully  before investing or else they can lost a lot investing in new hype project.


Title: Re: lịch sử sẽ được lặp lại chính nó, đầu tư một cách khôn ngoan.
Post by: noorammak on September 08, 2020, 01:19:30 PM
We need to reduce greed and consider it carefully before investing. I believe that there is nothing good or free that is easy to buy so we need to have an objective view of the market. Currently, the projects are increasing in value too quickly and the risk of investing at the moment is enormous. Those who have not invested in the previous months should wait rather than invest now.


Title: Re: History will be repeating itself, invest wisely.
Post by: masterrex on September 08, 2020, 02:56:58 PM
Thats true mate, history keep repeating itself and it happened before it will happen again today same as 2017-2018 Bullrun when many people getting the FOMO trap and buy every coin/token that they believe was good and suddenly the market is crashed and many investors were affected and left the crypto space its the same in today's Defi crazed after the market is crash many investors left the crypto space as well.   


Title: Re: History will be repeating itself, invest wisely.
Post by: jacafbiz on September 08, 2020, 03:41:04 PM
Only a fool will think this growth on DEFI is sustainable, any investment you make and you are able to double your money, take your investment and let the profit run. We saw how the 2017/2018 went, investment of $10k is less than $10 now and most of these prices won't come back to their ICO price because there are a lot of bagholders waiting to dump on you


Title: Re: History will be repeating itself, invest wisely.
Post by: harizen on September 08, 2020, 03:59:16 PM

For experienced ones, the recent DeFi hypes should be manageable but the thing here is, people don't stop risking that's why if there's a chance, they will grab it. Others succeed in riding the wave but unfortunately, not all have the same result.

For beginners or new players in crypto, I don't want to blame them for their losses or riding the train late since that experience served them as a lesson. Surely, they will now know how to play with the risks once they are in the same situation again.

Hype will be here forever. This is a part of any investment be it on crypto or not. DYOR sometimes didn't work, as no doubt, there are projects that unpredictable. So the key here is the right execution of strategy without the involvement of emotions. A hard task to apply though so it's a challenge.


Title: Re: History will be repeating itself, invest wisely.
Post by: danherbias07 on September 08, 2020, 04:06:33 PM
I said it also in one of the threads (https://bitcointalk.org/index.php?topic=5273862.0) here.
It is about hypes but there is no difference.
This discussion will also end up there.

DeFi had been like the talk in social media outlets.
Luckily, it is not yet the number 1 trend in Twitter.  ;D
It's starting, scams left and right. Give it 3 more months and we will see more.


Title: Re: History will be repeating itself, invest wisely.
Post by: kingzpro on September 08, 2020, 04:23:33 PM
People have still managed to make a killing out of this massive hype and defi trend.
Everyone was perhaps aware that these projects will not be sustainable for long so they just gambled it considering the fact that the prices were flying and in the end some were winners and some losers but rest assured the good quality projects will sustain and survive through all this for sure.


Title: Re: History will be repeating itself, invest wisely.
Post by: Bitbuffalo on September 08, 2020, 04:39:58 PM
fiscus will be like this is a few months. Dont say I did not warn you! fiscus.fyi


Title: Re: History will be repeating itself, invest wisely.
Post by: mersal on September 08, 2020, 04:40:57 PM
Already the Defi market is shaking due to the Sushi project exit scam and many other projects created with the same intention are also going to follow the same before the investor woke up and dump their tokens.

2020 has been the worst year so far then why invested trusted on this to become rich. :P


Title: Re: History will be repeating itself, invest wisely.
Post by: optimisticcm on September 08, 2020, 04:42:30 PM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.
https://i.ibb.co/Kj8hYh5/Reddit.png
As soon as the news about the taking over of sushiswap by ftx surfaced the market has received it positively that is why the prices have bounced. I agree to the point that we should invest in only high quality projects and should not follow the short term hype and fomo.


Title: Re: History will be repeating itself, invest wisely.
Post by: hatshepsut93 on September 08, 2020, 04:56:07 PM
Just like with ICO, with the eventual burst of this bubble will come a realization that DeFi isn't that useful, that it's not being used in the real world, that it's not a revolution and that the big bad traditional finance is still strong. The 2013 was the year of crypto hype, when participants thought that crypto will soon change the world, then it repeated in 2017 with blockchain technology and ICO, now it's happening with DeFi. So, maybe in 2023 there will be a new hype that will repeat this pattern for the fourth time.


Title: Re: History will be repeating itself, invest wisely.
Post by: Baimovic on September 08, 2020, 05:02:33 PM
That is what makes most investors hesitate to put their money in the Defi project or not, after seeing the current role of DEFI as a signal, many also claim to be profitable for short-term investments and I think this DEFI Trends will not last long in the market.


Title: Re: History will be repeating itself, invest wisely.
Post by: Jackl87 on September 08, 2020, 05:09:09 PM
Almost every hype has a identical pattern. You need to join it as early as possible.
The earlier you join it the more profit you can make. Once the hype is public and covered in every news or discussed widely here in the forum, it's almost to late join.
The early and experienced investors will dump on you and leave the with a fat profit.
Those who come late get burned heavily.


Title: Re: History will be repeating itself, invest wisely.
Post by: tsaroz on September 08, 2020, 05:20:57 PM
People should be realistic while investing. Jumping in for trend or someone endorsed a coin would not be a good idea. The supply and demand would generate the exact price. Be sure what's the supply of the coin and how much would you think it'd be demanded in coming years. If it's a yielding coin or a POS, calculate both your interest and inflation. Though people have different strategy while trading, the ones that chooses a good coin and holds till they get a good price wins the most.


Title: Re: History will be repeating itself, invest wisely.
Post by: Bitstar_coin on September 08, 2020, 06:45:28 PM
every trend always give birth a potential project(s), during the period of ico gave birth to amazing projects, ieo also bring in some decent project into the crypto community and now it is the defi time and I believe out of the many defi project being created not all are going to end up as bad, there will be some few outstanding ones, so there will always be a new trend to bring in new project if not how will the market grow.


Title: Re: History will be repeating itself, invest wisely.
Post by: semobo on September 08, 2020, 06:51:46 PM
ICO hype in 2017 ended up with loss of capital for many investors who were holding the tokens in 2018 and later, in 2021 the same thing is going to happen and that is already started with some defi projects are getting ended up in scam.

Don't invest on hype because you are going to lose your money if you are at the end of the queue.


Title: Re: History will be repeating itself, invest wisely.
Post by: sujonali1819 on September 08, 2020, 07:19:23 PM
Well said Op. It’s more than sure that history will be repeated. And very near we can see this maybe. How the Defi hype are happening in recent crypto world then, I think we will see very hard time more than past.  And Yes I saw the news of sushi project, if we don't learn and don't be wise we will lose a huge again Imo. So don’t be greedy again especially when you will interested to invest in Defi project. Be cool and wise, investigate, take some others opinion if possible then decide to invest. Always keep in mind that it’s your hard working money. And you are the man who can secure it.         


Title: Re: History will be repeating itself, invest wisely.
Post by: Mulann2 on September 08, 2020, 07:34:55 PM
hype is what make crypto marlet grow, if there is hype people invest so fresh money will come in to boost the market, even in real life there are some situations that required some kind of hype to succeed, the only thing is for investors to be mindful of the type of project to join, and most especially remove the idea of long term in this type of project.


Title: Re: History will be repeating itself, invest wisely.
Post by: shakesbear on September 08, 2020, 08:01:55 PM
Yield farming allowed me not to withdraw cryptocurrency to fiat, but simply to place it and receive passive income that is enough for life.


Title: Re: History will be repeating itself, invest wisely.
Post by: Zeehaxan on September 08, 2020, 08:12:31 PM
History will definitely repeat itself especially as long as the bull trend stays here like after each btc halving in history market has seen a bullish trend so i think right now is a good buying and accumulating time to ride the bulls to the moon.
Regarding sushiswap i think full investigations should be undergone against the initial owner so one way is to recover and return all the payments from sushi admin because he has effected the plans negatively. Investors are the biggest people in loss to be honest.


Title: Re: History will be repeating itself, invest wisely.
Post by: Stedsm on September 08, 2020, 08:25:49 PM
I was like "Oh Bam Bam, this DeFi shit is gonna get fucked right here while BTC is falling" and you won't believe, YFI was down around 50% while the dump game was going on when Bithumb raid news came into the markets. And you're wrong here, sushi didn't do a 50% loss but reached 1/9th from its ATH of 9700 (I don't consider 0.00388 BTC to be its ATH as that was just the start and it began with too many dumps which brought the price near 10k sats, and later to 1100 sats when BTC dump started).


Title: Re: History will be repeating itself, invest wisely.
Post by: Sanugarid on September 08, 2020, 08:39:55 PM
Projects these days are only beneficial when you buy at their pre-sale ( if they are not a scam project ) investors buying while in pre-sale will benefit the most from a double back, some are easy triple back when listed to Uniswap. If you're an investor of a coin that is already listed, waiting for a dump so you can buy expect a hell coz only 10% of the coin in the market like SUSHI and HOTDOG will be hyped for a few days. Look at SUSHI and HOTDOG , who would have want to invest on that kind of shitty project now?

I believe this is an open vent for scammers, newbie investors should be aware of what it is really to invest, if you want to invest and get quick profit then go with this DeFi projects, just only don't cry in here, try to post the entire project and cry like a baby  ;)


Title: Re: History will be repeating itself, invest wisely.
Post by: FaucetKING on September 08, 2020, 09:07:22 PM
I see this is almost similar to previous history, especially beginners should learn from previous people, this kind of sushi project will continue to grow where there is a trend in the current market about Defi or stake, people will be happy with fast money so they waste money they are scammers, that's strange, hopefully beginners want to learn about the previous history so that everything is safe investing
I kept warning newbies about this matter but none of them really cares about risk management of their capital neither the high risk of losing when putting their funds in such high yield and risky investments. I've seen the ICO raise in 2017 since day one, i've watched the hype in the Defi tokens and i can assure you that in the upcoming years there will be more and more projects making buzz but my hopes are in the investors as the awareness/knowledge is a must nowadays before any financial decision.


Title: Re: History will be repeating itself, invest wisely.
Post by: DoublerHunter on September 08, 2020, 09:48:26 PM
Projects these days are only beneficial when you buy at their pre-sale ( if they are not a scam project ) investors buying while in pre-sale will benefit the most from a double back, some are easy triple back when listed to Uniswap.
^ That is if this is not a scam, but the fact that most of them are a scam, and as you can see they don't have a concept that something unique the idea is redundant to the previous project that never exists. They are all hype if the price was successfully listed in the decent exchange but the problem after listing they will disappear. I remember my friend saying that the scam project will rebuild another scam project and fooled people again by investing in presale.


Title: Re: History will be repeating itself, invest wisely.
Post by: Rengga Jati on September 08, 2020, 09:55:17 PM
Yes, that is right. Nothing will last longer as we think. We should be more and more careful when investing. Following any hype is not a good decision. It is better for us to ensure that we have invested in the right project with the right amount.
We can see from what happened in previous years, moreover, in previous hypes, many people are always involved in different ways and it will determine where and who you are.

Let's see, some probabilities of people facing this kind of system may be:
1. The one who always invests at the right time in early hype system, then he can enjoy earning the high profits in the early stage before the other comes in that hype.
2. The one who invests in such a project after the project is booming and hype, then, he can also enjoy the small earning profits from it.
3. The one who always invest wisely and carefully in such kind of new project, he analyzes, buy some good coins from these new projects, and then earn enough profits, still keep some for holding.
4. The one who invests wisely and think about the future investment, interested to sell some and hold some or event hold all, and sells based on the progress of the market.
5. the one who is interested in that kind of new project, invests as he like because he gets very high interest after the hype, then he holds and only gets very small profits.
6. The one who only follow the hype, invest in them not based on self-analysis, and then lose their money because the projects are not in hype again
7. The one who is not interested in every new hype, then let it go, no invest and no profits from it, only watching the progress.

Anything else? So, just place yourself in where you are.


Title: Re: History will be repeating itself, invest wisely.
Post by: sallasvve on September 08, 2020, 09:55:52 PM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.

Maybe I was the only one who thought your words were a mother's instruction. Wear a hat in winter, son. Eat spinach soup!

Of course, investors of various Defi projects understand that this is another soap bubble. However, as always, everyone hopes that they will have time to earn and withdraw their capital before the explosion happens.


Title: Re: History will be repeating itself, invest wisely.
Post by: Botnake on September 08, 2020, 10:00:21 PM
We are playing the same game, it just come with a different name this time but the way it's played, we can still follow what we have learn in the past. The hype is big for DeFi projects this year, we can't deny that, so aside from seeing the opportunity, we also have to see the risk, and for me, the best approach to this hype is to educate ourselves to invest in short term, and go long term only on coins that are already proven through times, and that's not DeFi.


Title: Re: History will be repeating itself, invest wisely.
Post by: Twinkledoe on September 08, 2020, 10:13:03 PM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.

Maybe I was the only one who thought your words were a mother's instruction. Wear a hat in winter, son. Eat spinach soup!

Of course, investors of various Defi projects understand that this is another soap bubble. However, as always, everyone hopes that they will have time to earn and withdraw their capital before the explosion happens.

The hope that they can get generate huge profits is the main reason why a lot of these investors are taking the risk. Even some of them don't have the idea how this project will go or what kind of foundation it has. They do care only about how much it will rise in the market and so they can get high gains. But more than likely, a lot of them will be burned once this hype is over. I don't believe that they really have strong foundation to begin with. Just my 2 cents here.


Title: Re: History will be repeating itself, invest wisely.
Post by: dimonstration on September 08, 2020, 10:18:46 PM
hype is what make crypto marlet grow, if there is hype people invest so fresh money will come in to boost the market, even in real life there are some situations that required some kind of hype to succeed, the only thing is for investors to be mindful of the type of project to join, and most especially remove the idea of long term in this type of project.
Whenever the project is only known due to hype better monitor it closely, some whale only taking advantage of the spike and will left once they reach a certain point, never ever plan to make it likes a BTC or other old coins that are still active and developing now since the projects that were only built thru hype and without proper road map or use that just appear will not make it too long in the market.


Title: Re: History will be repeating itself, invest wisely.
Post by: LbtalkL on September 08, 2020, 10:31:42 PM
We have no proof but what if it is just a drama to play investors emotions? Sushi founder is anonymous what if sushi founder = FTX founder, that is a huge revelation if true, sad but it is possible. I believe most of these defi are just a bubble and just a copy coin with no originality they keep duplicating themselves for money. So many people are creating scam project so be careful and DYOR.


Title: Re: History will be repeating itself, invest wisely.
Post by: Yamifoud on September 08, 2020, 11:11:29 PM
Most people also got crazy in investing a project that they saw it was already at hype. They are immediately jumping on it. No, I'm not sure if they know what they are doing or even having a simple search in that particular project. Greediness what drives them and that gives them a reason not to succeed because they even forgot the possible things that might happen after. The only thing in their mind is money, this could make me rich instantly, I'll be a millionaire by tomorrow which is only an illusion.

That is why I stay away from the hypes project, failures will come next. How fast it goes high that is also how fast it dumps and sometimes it goes dead after.




Title: Re: History will be repeating itself, invest wisely.
Post by: Google+ on September 08, 2020, 11:30:39 PM
Most people also got crazy in investing a project that they saw it was already at hype. They are immediately jumping on it. No, I'm not sure if they know what they are doing or even having a simple search in that particular project. Greediness what drives them and that gives them a reason not to succeed because they even forgot the possible things that might happen after. The only thing in their mind is money, this could make me rich instantly, I'll be a millionaire by tomorrow which is only an illusion.

That is why I stay away from the hypes project, failures will come next. How fast it goes high that is also how fast it dumps and sometimes it goes dead after.

indeed you have to be careful with all kinds of hype but when you always avoid it I think it will be difficult to get a profit, because when trading cryptocurrency requires courage to face the risks that exist to make a profit, you must remain vigilant to regulate entry and exit so you don't will keep you stuck in junk coins.


Title: Re: History will be repeating itself, invest wisely.
Post by: btc-facebook on September 08, 2020, 11:44:14 PM
Most people also got crazy in investing a project that they saw it was already at hype. They are immediately jumping on it. No, I'm not sure if they know what they are doing or even having a simple search in that particular project. Greediness what drives them and that gives them a reason not to succeed because they even forgot the possible things that might happen after.
There's nothing wrong with following the trend of the cryptocurrency market, but we shouldn't forget our logic with today's DeFi trends,
after DeFi has trended in cryptocurrency the last few weeks many new projects have emerged carrying the DeFi concept, always remember that not all new projects about DeFi are successful, and making observations is the key not to easily get stuck investing in DeFi projects.


Title: Re: History will be repeating itself, invest wisely.
Post by: Kasabus on September 08, 2020, 11:44:38 PM
We are playing the same game, it just come with a different name this time but the way it's played, we can still follow what we have learn in the past. The hype is big for DeFi projects this year, we can't deny that, so aside from seeing the opportunity, we also have to see the risk, and for me, the best approach to this hype is to educate ourselves to invest in short term, and go long term only on coins that are already proven through times, and that's not DeFi.
We should be careful once there are hypes because it might be another bull trap again and we only knew it once we are at lose. Although hypes makes the market grow and gives more opportunities for investors, but in the end it's our strategy that will drive in it counts the most.


Title: Re: History will be repeating itself, invest wisely.
Post by: senyorito123 on September 08, 2020, 11:50:18 PM
Most people also got crazy in investing a project that they saw it was already at hype. They are immediately jumping on it. No, I'm not sure if they know what they are doing or even having a simple search in that particular project. Greediness what drives them and that gives them a reason not to succeed because they even forgot the possible things that might happen after. The only thing in their mind is money, this could make me rich instantly, I'll be a millionaire by tomorrow which is only an illusion.

That is why I stay away from the hypes project, failures will come next. How fast it goes high that is also how fast it dumps and sometimes it goes dead after.

indeed you have to be careful with all kinds of hype but when you always avoid it I think it will be difficult to get a profit, because when trading cryptocurrency requires courage to face the risks that exist to make a profit, you must remain vigilant to regulate entry and exit so you don't will keep you stuck in junk coins.

I was also overcoming this kind of situation two years ago and it had left me a poor guy again, because my finances went so down until present. However, life must go on and we need to move forward in order to feed your family. Cryptocurrency for the main time was just a luck alternative to consider, and I don't really deal with it as a serious attachment. No expectations at precise dates for history to repeat, that why we should be more keen on our decisions.


Title: Re: History will be repeating itself, invest wisely.
Post by: aioc on September 09, 2020, 12:00:12 AM
This hype is goign to be short lived unlike what happen to ICO and IEO , this DeFi hype contributed to the very high fees of Ethereum if this DeFi hype died down there's a big possibility that transaction fees in Ethereum will also go to normal, this is the positive side if this hype ends, people will return transacting with Ethereum.


Title: Re: History will be repeating itself, invest wisely.
Post by: lienfaye on September 09, 2020, 01:00:49 AM
Many investors think that following the current trend on crypto is a wise decision because people are engaging themselves to join the hype to possibly earn.

But thats not how it is, its risky to just go with the flow since we dont know what could be the future of this kind of project like defi. Yes its the new trend but many of them are scam and only existing to fool the investors. Scammers are smart and wont let themselves to be left on whats the new in.


Title: Re: History will be repeating itself, invest wisely.
Post by: bitzizzix on September 09, 2020, 02:24:01 AM
Don't be easily tempted by current trends and try to learn from the mistakes of previous trends, and everything started well and over time turns into a very costly scam.
It is very possible for new people and new investors to make mistakes and losses because they are interested and without the basic knowledge and prior understanding, behaving wisely in the crypto world is very important so as not to lose in the future.


Title: Re: History will be repeating itself, invest wisely.
Post by: ubay on September 09, 2020, 03:54:53 AM
You can learn from experience, because that's where you get something valuable. Following the trend is great, but it should be noted that you have to learn about something you want to invest in. Strong technicals and fundamentals will make a project that you invest in will end successfully.


Title: Re: History will be repeating itself, invest wisely.
Post by: maxreish on September 09, 2020, 04:12:43 AM
The more a project is at hype situation, the more we should be careful and the more we shouldn't ride into that hype project. Just like old projects that was blown down today, they had also experienced hype time but eventually fade away.
 An investor should choose a project that definitely would give a good benefits not just because it was in the hype mode right now.
 We should always ask this question, 'Till when will it lasts?
 
 Despite of being a popular nowadays, the shine will be temporary thus choosing another project is also a good choice.


Title: Re: History will be repeating itself, invest wisely.
Post by: southerngentuk on September 09, 2020, 04:17:47 AM
I know some guy make you a yield farming coin on yfi blockchain for 1 eth , he gives you the smart contract and the website , It has been very easy to make one of them and we need to be careful about what we choose , never invest in any ico if you don't know it 100% , especially in presale.


Title: Re: History will be repeating itself, invest wisely.
Post by: Genemind on September 09, 2020, 04:38:27 AM
This is how I witnessed ICO when I became active in crypto. Most projects are getting their funds and successful, eventually the price drops after a week or two. The hype wont't last long as developers and people run away with their profits leaving out people who are clue less of how the market and hype goes.


Title: Re: History will be repeating itself, invest wisely.
Post by: bangkecol on September 09, 2020, 04:50:40 AM
It is right, like the hype of Lending project like bitconnect in the 2016-2017 ago. We must stay be carefull for the hype projects.
Always put funds in the some projects, never invest in the 1 project only. It is very risk if that project is bankrupt.


Title: Re: History will be repeating itself, invest wisely.
Post by: beerlover on September 09, 2020, 09:22:29 AM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.
[im g]https://i.ibb.co/Kj8hYh5/Reddit.png[/img]
Unsustainable promises are basically a big part of crypto, they have always been. People have been marketing their new stuff like the next bitcoin for about 8 years now. I remember the day litecoin came out and it was literally "silver to bitcoins gold" and assumed it would always be awesome because it will always improve faster than bitcoin because the creators and developers didn't left litecoin so they would always have that power to improve constantly that bitcoin didn't have.

This is litecoin we are talking about, one of the oldest crypto coins, so to say that all the other newer ones are constantly lying and failing would be a understatement. Obviously it will not be successful because they keep promising stuff that they could mathematically can't deliver.


Title: Re: History will be repeating itself, invest wisely.
Post by: Gotumoot on September 09, 2020, 11:33:51 AM
Indeed we need to invest wisely because just like ICO all the other crowdfunding projects would also walk the same path.
We need to always do our own research on every project that we would like to invest before putting our money in it not every project is worth it to invest most of them right now are just scam and developers would leave it after the initial offering is done.


Title: Re: History will be repeating itself, invest wisely.
Post by: Surrapatt on September 09, 2020, 12:14:33 PM
You can learn from experience, because that's where you get something valuable. Following the trend is great, but it should be noted that you have to learn about something you want to invest in. Strong technicals and fundamentals will make a project that you invest in will end successfully.
That's right, the advice you give is very good and good for everyone, because experience is the best teacher for everyone, both in crypto and in the real world, so reflecting on experience is a very necessary thing to do so that we can avoid it a little loss.


Title: Re: History will be repeating itself, invest wisely.
Post by: cryptoknightt on September 09, 2020, 12:52:09 PM
I guess some people are stuck on a pretty deep alt drop maybe more than 50%, some people think it's because of the btc price going down, but I doubt when btc goes back up, will the lower alt go up again, I mean back to where it was before it went down.


Title: Re: History will be repeating itself, invest wisely.
Post by: X-ray on September 09, 2020, 01:55:47 PM
What happened with sushi just a short term hype after it has already acquired by FTX but this time the price of sushi is still going to the bottom and that means people is not trusting this coin anymore. people have become even smarter than before consider a lot of sushi holders have been loosing their money.

Old owned of sushi has already taken a lot of money from the traders. That means the trades have no choice and they must believe in the sushi to get back their money while the old owner has been leaving the market.

The defi hype just like a big trap.


Title: Re: History will be repeating itself, invest wisely.
Post by: erikoy on September 09, 2020, 02:08:05 PM
I am not against on investing altcoins or new projects because that is privilege of every investors wanting to earn on it. However, in my opinion I will going to invest in bitcoin directly or other strong altcoins that project are working already rather than those project that has high chance that it is a scam. Most of the ICO projects now recorded it mostly scam so I would rather not risk on it investing. Do not trust your money to someone you do not know. Teams handling ICO projects usually ran away after getting some money.


Title: Re: History will be repeating itself, invest wisely.
Post by: qiwoman2 on September 09, 2020, 02:10:41 PM
I am doing some yield farming but with a very small amount of wrapped ETH and also got some DAI in yearn finance and some BNB coin staked on Binance to get free BELLA token which is on ARPA chain. I have a few uniswap investments, some did really well, some not so well and 2 rug pulled. Lesson is always use a small amount of risk capital to use in the high risk area. I only used 0.38 ETH and I am up 8 eth but was very cautious and have calculated my risks very well. Secret is not to be too greedy or you lose your shirt. Most of my portfolio is in top caliber projects with like 55 only risk capital available for newer high risk projects.


Title: Re: History will be repeating itself, invest wisely.
Post by: TastyChillySauce00 on September 09, 2020, 02:12:26 PM
Definitely whats in my mind these DeFi thing are just a bubble but if people could realize it and invest wisely they could make out with big profit until the market matured and become what IEO is today. Some projects are not really worth the huge sum of money people invested but people keep their eyes blind against it and still investing. Getting on the hype right now is not the best idea IMO and I'd prefer to just witness whats gonna happen in the future.


Title: Re: History will be repeating itself, invest wisely.
Post by: Ridwan Fauzi on September 09, 2020, 02:22:08 PM
Don't be tempted to gain a lot of profit in an instant way, unless you spend your money and you are really can afford to lose then you are freely to choosing it.

DeFi project is good but I guess it will end up like another privious event. I know there are many people who gain a lot of profit through this way, but I bet if they are greedy they will lose the money.

I'm not interested to invest in new project anymore, there are a huge risk and I'm not comfortable with them. I just comfortable to chooss bitcoin and some altcoin that I think there are potential although their price are decreasing a lot, I'll keep them in my wallet.


Title: Re: History will be repeating itself, invest wisely.
Post by: Hypnosis00 on September 09, 2020, 02:31:54 PM
You can learn from experience, because that's where you get something valuable. Following the trend is great, but it should be noted that you have to learn about something you want to invest in. Strong technicals and fundamentals will make a project that you invest in will end successfully.
If we all have learned from our bad experience before, it for sure no one will become a victim to this trick. And why a lot of projects sprung around from time to time because they always see that there are still a lot of innocent people that possibly be there prey.

From ICO, IEO, and all have been giving us a bad experience. And for now, we have Defi projects and it is quite making the hype again. I hope people much be careful this time and so they will no longer be a victim again.


Title: Re: History will be repeating itself, invest wisely.
Post by: pawanjain on September 09, 2020, 02:35:25 PM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.
You are damn right at this point. I already knew that the DeFi hype will soon come to an end and the recent dump is like a signal for the people who think that DeFi is the next big thing. Well it might be but it's not that all the DeFi tokens will skyrocket out of nowhere.
People will have to understand that only the potential coins will stay while the rest will rest in peace.
Stay awake, be aware and keep doing researches on how good the coins you want to invest are.


Title: Re: History will be repeating itself, invest wisely.
Post by: reliable on September 09, 2020, 02:36:40 PM
I guess some people are stuck on a pretty deep alt drop maybe more than 50%, some people think it's because of the btc price going down, but I doubt when btc goes back up, will the lower alt go up again, I mean back to where it was before it went down.

For coins which is worthless or just jumped high due to hype then those coins may not rise much or last longer. But something like ETH etc will rise with the price of bitcoin rising again. So now will depends upon people which altcoin they do hold it and what is the demand during the next bull run. But till the time if it is worthy coin, it will rise in coming time for sure.


Title: Re: History will be repeating itself, invest wisely.
Post by: mamesso on September 09, 2020, 03:44:15 PM
Experienced investors will not be easily tempted by the hype defi, they always consider and do research before making a decision, because they know carelessness will cost them everything.
Defi has already spawned several new projects into the crypto space, but believe me, of many defi projects created, not everything ends badly, there will be good potential projects that will make the crypto market grow.


Title: Re: History will be repeating itself, invest wisely.
Post by: shoreno on September 09, 2020, 03:56:26 PM
its good if it will repeat but what if not ? thats what im talking about , people often complain because its sometime our fault because we give false hope to them  but i agree on the part where you said invest wisely   . its a short two word but its filled with a deep meaning  or different meaning  not just one

 . picking right coins is an example but you can add in the duration  and the amount if how much youl spend  and so on  . history may be over but theres always a future .


Title: Re: History will be repeating itself, invest wisely.
Post by: kindbtc on September 09, 2020, 03:59:55 PM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.
https://i.ibb.co/Kj8hYh5/Reddit.png
I wonder you are talking about being choosy and selective when deciding to invest because not all defi projects are fake or scam because of the open ecosystem and also defi has big role to plwy in future financial sector. Yes you are right that only small percentage of projects will dominate while others will struggle or fade away.


Title: Re: History will be repeating itself, invest wisely.
Post by: cassavachips on September 09, 2020, 04:41:28 PM
This incident proves that a new project that uses the DeFi moment is one that only seeks profit from investors, they don't seem to really know how to manage the project. Because creating projects using smart contracts is quite easy. I assume the owner of the Sushi project has made a big fortune and goes to party and hand over the project with someone else to keep the project going and he is free from a lurking punishment


Title: Re: History will be repeating itself, invest wisely.
Post by: distr@yopmail.com on September 09, 2020, 05:00:13 PM
This incident proves that a new project that uses the DeFi moment is one that only seeks profit from investors, they don't seem to really know how to manage the project. Because creating projects using smart contracts is quite easy. I assume the owner of the Sushi project has made a big fortune and goes to party and hand over the project with someone else to keep the project going and he is free from a lurking punishment
it's not just new projects that take advantage of DeFi trending moments. some old projects have also started making their updates with some collaborations taking advantage of the market momentum and DeFi trends. but what just happened to sushi, seems to provide a valuable lesson for all of us.


Title: Re: History will be repeating itself, invest wisely.
Post by: sallasvve on September 09, 2020, 09:39:13 PM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.

Maybe I was the only one who thought your words were a mother's instruction. Wear a hat in winter, son. Eat spinach soup!

Of course, investors of various Defi projects understand that this is another soap bubble. However, as always, everyone hopes that they will have time to earn and withdraw their capital before the explosion happens.

The hope that they can get generate huge profits is the main reason why a lot of these investors are taking the risk. Even some of them don't have the idea how this project will go or what kind of foundation it has. They do care only about how much it will rise in the market and so they can get high gains. But more than likely, a lot of them will be burned once this hype is over. I don't believe that they really have strong foundation to begin with. Just my 2 cents here.

Everyone should have a sound approach to risk management. If I see promises of a profit of hundreds of percent per month, then I understand the high risks and I will not invest in such projects. It will take some time and the forum will be filled with stories of those people who lost their money, but they will be to blame for the fact that they took too much risk.


Title: Re: History will be repeating itself, invest wisely.
Post by: poodle63 on September 09, 2020, 10:16:42 PM
I wonder you are talking about being choosy and selective when deciding to invest because not all defi projects are fake or scam because of the open ecosystem and also defi has big role to plwy in future financial sector. Yes you are right that only small percentage of projects will dominate while others will struggle or fade away.
I think what he meant is that people are crazy about DeFi projects and investing without doing some research or even understanding the project and in my opinion that's what happening nowadays and yes, only small amount of projects gonna make it long term and the rest probably fail mid-way so that's why people need to invest wisely to pick the best of the best projects.
People are really into DeFi project probably because it always give profit but its not gonna be like that forever.


Title: Re: History will be repeating itself, invest wisely.
Post by: Twinkledoe on September 09, 2020, 10:26:23 PM
I wonder you are talking about being choosy and selective when deciding to invest because not all defi projects are fake or scam because of the open ecosystem and also defi has big role to plwy in future financial sector. Yes you are right that only small percentage of projects will dominate while others will struggle or fade away.
I think what he meant is that people are crazy about DeFi projects and investing without doing some research or even understanding the project and in my opinion that's what happening nowadays and yes, only small amount of projects gonna make it long term and the rest probably fail mid-way so that's why people need to invest wisely to pick the best of the best projects.
People are really into DeFi project probably because it always give profit but its not gonna be like that forever.

Because people are for short term profit from these DeFis. Most of them are not looking about the background or foundation or capability but the hype surrounding it. As long as they can get profit, they don't care about the structure of the project. But if they get rekt, they blame that the project is fake. So the decision lies on the investor himself, not the project. They can always choose which project to support and shell out their money.


Title: Re: History will be repeating itself, invest wisely.
Post by: abel1337 on September 09, 2020, 11:16:09 PM
I wonder you are talking about being choosy and selective when deciding to invest because not all defi projects are fake or scam because of the open ecosystem and also defi has big role to plwy in future financial sector. Yes you are right that only small percentage of projects will dominate while others will struggle or fade away.
I think what he meant is that people are crazy about DeFi projects and investing without doing some research or even understanding the project and in my opinion that's what happening nowadays and yes, only small amount of projects gonna make it long term and the rest probably fail mid-way so that's why people need to invest wisely to pick the best of the best projects.
People are really into DeFi project probably because it always give profit but its not gonna be like that forever.

Because people are for short term profit from these DeFis. Most of them are not looking about the background or foundation or capability but the hype surrounding it. As long as they can get profit, they don't care about the structure of the project. But if they get rekt, they blame that the project is fake. So the decision lies on the investor himself, not the project. They can always choose which project to support and shell out their money.
TRUE! Most traders are just riding Defi hype. As we see there are many traders that are trading Defi's even its background is certainly unknown. Everything is just for profit, I can compare it in pump and dump groups that don't care what token is their target but they all do have the same end goal which is profit. It just depends on the trader if he will bail out fast or late.


Title: Re: History will be repeating itself, invest wisely.
Post by: traderethereum on September 09, 2020, 11:50:25 PM
I wonder you are talking about being choosy and selective when deciding to invest because not all defi projects are fake or scam because of the open ecosystem and also defi has big role to plwy in future financial sector. Yes you are right that only small percentage of projects will dominate while others will struggle or fade away.
I think what he meant is that people are crazy about DeFi projects and investing without doing some research or even understanding the project and in my opinion that's what happening nowadays and yes, only small amount of projects gonna make it long term and the rest probably fail mid-way so that's why people need to invest wisely to pick the best of the best projects.
People are really into DeFi project probably because it always give profit but its not gonna be like that forever.

Because people are for short term profit from these DeFis. Most of them are not looking about the background or foundation or capability but the hype surrounding it. As long as they can get profit, they don't care about the structure of the project. But if they get rekt, they blame that the project is fake. So the decision lies on the investor himself, not the project. They can always choose which project to support and shell out their money.
The DeFi project helps people to make money by investing in the project for the short term.
I think it's like what we did in the past when the ICO launch and make hype at the market, and people realize that if they can join the project, they will have a chance to make money.
Now, that is proven with many DeFi which can works for people to recover their losses from a long time ago slowly.
But that DeFi trend will not stay forever, there will be the end of the trend, and like usual, it will be replaced by the other new trend.
So I agree with the title, invest wisely while you can.


Title: Re: History will be repeating itself, invest wisely.
Post by: Shasha80 on September 09, 2020, 11:55:57 PM
I agree that history will repeat itself, what happened in 2017/2018 should have given us valuable lessons.  That investing in crypto does
have a high enough risk, so we should be wise when investing. Don't because there is hype on DeFi projects this year, think all DeFi projects
are good for investment. We can see what happened to the SUSHI project that has hurt many newbies, so my advice is always to do research
and analysis before choosing coins for investment. Don't follow other people's opinions, just trust in our own abilities.


Title: Re: History will be repeating itself, invest wisely.
Post by: blogergoods on September 10, 2020, 03:17:10 AM
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Title: Re: History will be repeating itself, invest wisely.
Post by: wildflower18 on September 10, 2020, 03:44:55 AM
Many people have flocked to invest in the Y family but I am not interested. Sometimes I have thoughts of regret for not being able to enter, but it's even more regretful if I end up getting a scam because I'm the type of person who prefers long-term investments. I still belive what I hodl right now, top 20 coinmarketcap still my fav.
Well, good thing you are also for long term investment as others are also go for this hype not thinking that they will lose some money. Those experts in this industry already know how crypto behaves. So we should really invest wisely and take a lesson from the past.


Title: Re: History will be repeating itself, invest wisely.
Post by: sallasvve on September 10, 2020, 07:17:37 PM
I wonder you are talking about being choosy and selective when deciding to invest because not all defi projects are fake or scam because of the open ecosystem and also defi has big role to plwy in future financial sector. Yes you are right that only small percentage of projects will dominate while others will struggle or fade away.
I think what he meant is that people are crazy about DeFi projects and investing without doing some research or even understanding the project and in my opinion that's what happening nowadays and yes, only small amount of projects gonna make it long term and the rest probably fail mid-way so that's why people need to invest wisely to pick the best of the best projects.
People are really into DeFi project probably because it always give profit but its not gonna be like that forever.

Today, the first serious scams on the market of defi projects began. You can Google about the Yfdexf Finance project, whose developers raised $ 20 million and disappeared with the investors money.


Title: Re: History will be repeating itself, invest wisely.
Post by: akram143 on September 10, 2020, 08:41:16 PM
They will say high returns but at the end people struggling to get back their capital atleast.

I don't think anyone is going to learn from others mistake in 2017 and 18 ICO investment so they will learn it by themselves when they lose their money on Defi projects in 2020.


Title: Re: History will be repeating itself, invest wisely.
Post by: xOdiumNostrumx on September 12, 2020, 09:24:36 AM
The thing is that smarter investors, who have been in the crypto space for a while, will know when to enter and when to exit those yield farming shitcoins and make a ton of money along the way, but on the other hand, newbies or less experienced folks will follow the hype and get rekd every time and this will ruin their whole crypto experience.


Title: Re: History will be repeating itself, invest wisely.
Post by: Bezobraznike on September 12, 2020, 09:33:25 AM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle.

   This is true, and it's on us to recognize the trend and take the best from that period. Just some will survive and become
successful in the long-term, we need to be careful and research all projects before we invest money. Nothing is risk-free
in this world, so we need to risk with some investments, to believe in them when hard times come, and hard times will come
and just the best and the strongest ones will survive.


Title: Re: History will be repeating itself, invest wisely.
Post by: djmixen on September 12, 2020, 01:30:14 PM
I've seen several reminders here in the forum, just like this topic now. But still, a lot of people are too greedy, they want easy money.
Most of them are impatient to wait long, and for them to get that in accordance with their belief they will join in some of the ico projects as one of the early investors for believing they can get earn big after the campaigns but mostly it's not happening, that's the truth and reality too.


Title: Re: History will be repeating itself, invest wisely.
Post by: disconnectme on September 12, 2020, 02:22:10 PM
I know this DEFI hype could go the way of the ICO but I think community are having their say in this, power seems to be shifting back to community instead of the VCs, most project with unfair token distribution are having their project lagged behind the once supported by community. I just want to ride this hype until the music stops


Title: Re: History will be repeating itself, invest wisely.
Post by: memed97 on September 12, 2020, 02:51:14 PM
The thing is that smarter investors, who have been in the crypto space for a while, will know when to enter and when to exit those yield farming shitcoins and make a ton of money along the way, but on the other hand, newbies or less experienced folks will follow the hype and get rekd every time and this will ruin their whole crypto experience.
Yes, we can only differentiate between smart investors and newbies in crypto through the experience and knowledge they already have, because basically those who already have experience know how to deal with every situation that occurs, while newbies are the opposite and tend to want to get lucky faster even though it is not possible for them.


Title: Re: History will be repeating itself, invest wisely.
Post by: chip1994 on September 12, 2020, 03:13:35 PM

Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.

Chef Nomi has returned all of the $ 14 million he sold off to the victims and everything went well. even though it was his act of credibility, the interest rate Sushi was giving was just too unreasonable. The previous lending model also did not have such great interest rates, so as a natural rule, I think this Farm trend will soon collapse. we should be careful when speculating on high interest rate trends.


Title: Re: History will be repeating itself, invest wisely.
Post by: Casdinyard on September 12, 2020, 03:14:34 PM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.

Indeed. It seems that it is now the re-era of projects but with different systems such as DeFi yet the ideas of most ICO projects back then and now are just the same. It is so obvious that past failed projects that uses ERC20 will migrate and try to fool investors with their upgraded system using DeFi, in which somehow hopefully that newbie investors would have initiative to take a look if the new projects are worth investing... but I guess there would only be less than a percent of projects would be successful lol.


Title: Re: History will be repeating itself, invest wisely.
Post by: hrunya102 on September 12, 2020, 03:18:51 PM
It would be great if the hype level this time will be the same as the ICO or higher, so that bitcoin can update the ATH.


Title: Re: History will be repeating itself, invest wisely.
Post by: ahmia39 on September 12, 2020, 03:25:28 PM
It would be great if the hype level this time will be the same as the ICO or higher, so that bitcoin can update the ATH.
ICOs have experienced hype and then disappeared, meaning that ICOs do not last for a long time, so if the current Hype could be the same as the ICO in the past, then the destruction that has been there for the umpteenth time will be in front of us again, the current hype should be better than ICO and IEO.


Title: Re: History will be repeating itself, invest wisely.
Post by: raes on September 12, 2020, 03:25:37 PM
Chef Nomi has returned all of the $ 14 million he sold off to the victims and everything went well. even though it was his act of credibility, the interest rate Sushi was giving was just too unreasonable. The previous lending model also did not have such great interest rates, so as a natural rule, I think this Farm trend will soon collapse. we should be careful when speculating on high interest rate trends.
such a trend will not last long. especially when there are bad specialties like this. it will make the interest of investors also disappear even though there is a refund. we'll see a few more projects of this kind insight shortly. and that may worsen the market even more.


Title: Re: History will be repeating itself, invest wisely.
Post by: sallasvve on September 12, 2020, 10:59:20 PM
I know this DEFI hype could go the way of the ICO but I think community are having their say in this, power seems to be shifting back to community instead of the VCs, most project with unfair token distribution are having their project lagged behind the once supported by community. I just want to ride this hype until the music stops


It can't go, it's already going this way. Just like always. It starts small, with a few projects that have shown huge profits. Next came the growth of Ethereum. And then clones of successful projects fell out of the cornucopia. Well, then we are waiting for a drop in prices for everything.


Title: Re: History will be repeating itself, invest wisely.
Post by: Dana888 on September 12, 2020, 11:30:53 PM
Chef Nomi has returned all of the $ 14 million he sold off to the victims and everything went well. even though it was his act of credibility, the interest rate Sushi was giving was just too unreasonable. The previous lending model also did not have such great interest rates, so as a natural rule, I think this Farm trend will soon collapse. we should be careful when speculating on high interest rate trends.
such a trend will not last long. especially when there are bad specialties like this. it will make the interest of investors also disappear even though there is a refund. we'll see a few more projects of this kind insight shortly. and that may worsen the market even more.
The worst part of the story is no one is charged for this fraud, the free market "freedom" is not the freedom we as loyal traders look for. The hacked exchange funds and playing dead CEO role were the exceptions at some point but robbing people like this, come one… History shows the humans how stupid we are as a community and only strong ones will survive with protecting themselves.

It would be interesting to see the statistics of cryptocurrency fraud cases solved and how many people were actually convicted and received real terms. It seems to me that a lot of crimes remain unsolved due to too complicated schemes. Even the same exchangers are opened and closed one by one, so that there is no understanding and logic of transactions.


Title: Re: History will be repeating itself, invest wisely.
Post by: wiss19 on September 13, 2020, 04:25:10 PM
Yes I’m aware of this, I have ChainLink and I’m thinking of selling it, but I have not made up my mind yet. The price went up to $20 and I missed out on selling it then because I thought that it would keep going from there and all of a sudden it broke down to $9, and luckily it has gotten to $12. I still don’t know whether to sell it and maybe convert to BTC or ETH, or to keep holding my Link?

In this crypto market I strongly believe in cryptocurrencies that are on top list, especially Ethereum and Bitcoin, because even if these crashes, they usually find their way back up maybe after a year or two, but there are some new tokens that you will invest in and when the prices fall, for many years they wouldn’t get back up. Really annoying.


Title: Re: History will be repeating itself, invest wisely.
Post by: sallasvve on September 13, 2020, 06:43:28 PM
This is more like it. The percentages some of the yield farming tokens are is just outrageous. I really don't know how some of them are going to sustain the re-payment.

As long as there is an influx of new investors, the old interest will be paid at the expense of new money. As soon as the influx of new investments runs out, a series of scams and losses of money by those who did not have time to pick them up will immediately begin.


Title: Re: History will be repeating itself, invest wisely.
Post by: Miaallen on September 13, 2020, 06:53:37 PM
History is already repeating itself now you can see that in the SuShi swap saga and exiting the markets with investors' fund by some DeFi projects. People refused to learn from their past experience and they will falling victim over and over again.


Title: Re: History will be repeating itself, invest wisely.
Post by: cute nmp on September 14, 2020, 10:03:10 PM
Definitely history will be repeating itself again because many people don't learn from their past mistakes.Personally I no more invest huge amount in cryto because I have lost alot of my money due to that.Most defi projects seems to be lucrative nowadays and guarantee profits but still it is not a hundred percent that you won't lose your money so invest wisely so as to avoid lost.


Title: Re: History will be repeating itself, invest wisely.
Post by: Masyudhi on September 14, 2020, 10:17:08 PM
Definitely history will be repeating itself again because many people don't learn from their past mistakes.Personally I no more invest huge amount in cryto because I have lost alot of my money due to that.Most defi projects seems to be lucrative nowadays and guarantee profits but still it is not a hundred percent that you won't lose your money so invest wisely so as to avoid lost.
I a gree with you an investment needs accuracy meticulous in all aspects although the defi trend can generate a lot of profit in a short time
can not be sure all coin defi do not suffer losses


Title: Re: History will be repeating itself, invest wisely.
Post by: ilovealtcoins on September 15, 2020, 04:08:52 AM
Compared to ICO, Masternode, and IEO I find DEFI better and have more advantages. Not only are they FOMO like the aforementioned trends but DEFI looks longer-term, they have a liquidity fund and people bet on it to receive the project's tokens. Interest rates on these projects look attractive. Especially the DEFI projects are well organized and licensed, the better. Centralized exchanges are also adopting this method on their centralized exchange, called CEFI.


Title: Re: History will be repeating itself, invest wisely.
Post by: sallasvve on September 15, 2020, 10:02:00 PM
History is already repeating itself now you can see that in the SuShi swap saga and exiting the markets with investors' fund by some DeFi projects. People refused to learn from their past experience and they will falling victim over and over again.

Those who refuse to learn from other people's mistakes will be taught from their own. If someone is willing to stick a shotgun down their throat in the pursuit of profit, then let them do it. Someone has to pay the profit to others, even if they are ignorant.


Title: Re: History will be repeating itself, invest wisely.
Post by: tuchenvi on December 14, 2020, 02:32:37 PM
i think defi is much more credible concept than IEO/ICO previously, - here even when we see a huge hype, we understand that there's a strong financial model/technical base/strategic roadmap under this particular token.  i believe defi isn't a real hype more like stable concept which will have a huge impact on a crypto market


Title: Re: History will be repeating itself, invest wisely.
Post by: VDraci on December 14, 2020, 03:01:32 PM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.
https://i.ibb.co/Kj8hYh5/Reddit.png
Greedy people will always get caught, the feeling of not getting enough profits or ROI will consume them whole, every new waves in crypto space must be treated like an opportunity, and opportunities comes but once, it's DeFi time and if you are smart you'd make what you can and exit your funds to better projects like Ethereum or bnb, in crypto space nothing lasts forever


Title: Re: History will be repeating itself, invest wisely.
Post by: hannahB4 on December 14, 2020, 03:09:24 PM
This is true that history will be repeating itself, this post was made September assuming you wait till date to see the pump in the market this advice is really needed because of the volatility nature of this cryptocurrency any mistake made will ever be regretted and to avoid such one need to be cautious of every transaction and investment one wants to embark on.


Title: Re: History will be repeating itself, invest wisely.
Post by: zaim7413 on December 14, 2020, 03:12:43 PM
i think defi is much more credible concept than IEO/ICO previously, - here even when we see a huge hype, we understand that there's a strong financial model/technical base/strategic roadmap under this particular token.  i believe defi isn't a real hype more like stable concept which will have a huge impact on a crypto market
You say that at this point because DeFi is still in the Hype stage, and things like that have been said by some when an IEO is in a good trend, so is ICO, almost everyone says good things when a trend is on, but Try to say this when DeFi has been going on for a year or so, because saying things like this now, I think it's too early.


Title: Re: History will be repeating itself, invest wisely.
Post by: Samayuki on December 14, 2020, 03:59:40 PM
Yep opportunities won't last for ever, I've learned the hard way since ICO days, I've come to understand that everything crypto is all about opportunities, if you let greed in you can easily get rekt and some times if you use the greed well it will favour you too, whatever new things that brings success to crypto always ride along and make use of your head to earn what you can and move out your funds


Title: Re: History will be repeating itself, invest wisely.
Post by: Ghondronk on December 14, 2020, 06:03:01 PM
We cannot invest based on an asset's past performance as past is not an indicator of its future performance. By studying on the market patterns and historical figures, we can get an idea on market behavior and that will help us when making investment decisions. No matter what kind of investment you do, it is important to use your brain extensively or otherwise there is a higher chance of making losses at the end of the day.


Title: Re: History will be repeating itself, invest wisely.
Post by: sapnu on December 14, 2020, 06:54:27 PM
We cannot invest based on an asset's past performance as past is not an indicator of its future performance. By studying on the market patterns and historical figures, we can get an idea on market behavior and that will help us when making investment decisions. No matter what kind of investment you do, it is important to use your brain extensively or otherwise there is a higher chance of making losses at the end of the day.
It is really best to maximize our mind whilst investing in crypto and by doing so, we can also maximize our profit earned. It is a good idea to carefully analyze market patterns and its histort so that we can get some ideas on how we should invest and how we can invest more effectively. For bitcoin, as we've all witnessed before, the pump right now is the same way back 2018 before it crashed down continuously. Always be open to the possibility that it might happen again so it would be best if we are going to invest wisely so that we wouldn't have any regrets in the end.


Title: Re: History will be repeating itself, invest wisely.
Post by: Benefactor on December 14, 2020, 07:25:38 PM
I would prefer not to censure them for their misfortunes or riding the train late since that experience served them as an exercise. Definitely, they will currently realize how to play with the dangers once they are in a similar circumstance once more. DeFi isn't that valuable, that it's not being utilized in reality, that it is anything but a transformation and that the enormous awful customary money is as yet solid.


Title: Re: History will be repeating itself, invest wisely.
Post by: dimonstration on December 14, 2020, 07:33:15 PM
History is already repeating itself now you can see that in the SuShi swap saga and exiting the markets with investors' fund by some DeFi projects. People refused to learn from their past experience and they will falling victim over and over again.

Those who refuse to learn from other people's mistakes will be taught from their own. If someone is willing to stick a shotgun down their throat in the pursuit of profit, then let them do it. Someone has to pay the profit to others, even if they are ignorant.
Those who already experience it might already learn during these time. 2017 hype is indeed a history and how the price drops after that so early adopters of crypto probably know now hen to buy and sell if they are truly serious in making money thu cryptocurrencies. Many should listen from others who already experience and don't allow too much loss at all.


Title: Re: History will be repeating itself, invest wisely.
Post by: Mulann2 on December 14, 2020, 07:36:29 PM
It's almost as if people are already forgotten about masternodes, up until recently masternodes was a big trend in the crypto space and most project where all supporting masternodes just to get people to invest, now that trend is gradually fading away and new trend like defi has taken over,
It is really necessary to be careful with investing in new trend.


Title: Re: History will be repeating itself, invest wisely.
Post by: konflikkastil on December 14, 2020, 07:38:43 PM
Definitely, it happens when history comes back to repeat itself, and one thing that makes a generation wise is when they are well equipped to face the present situation with what they have learnt from history. When it come to how and the methods of Investiting. You need to check history to learnt from the great investors. What their thoughts was and how they do make their trade. Before, I make any Investment, I do consult my mentors to know their stands because they are very familiar with the market. And that has been helping me alot.


Title: Re: History will be repeating itself, invest wisely.
Post by: Sayeds56 on December 14, 2020, 07:41:46 PM
i think defi is much more credible concept than IEO/ICO previously, - here even when we see a huge hype, we understand that there's a strong financial model/technical base/strategic roadmap under this particular token.  i believe defi isn't a real hype more like stable concept which will have a huge impact on a crypto market
You say that at this point because DeFi is still in the Hype stage, and things like that have been said by some when an IEO is in a good trend, so is ICO, almost everyone says good things when a trend is on, but Try to say this when DeFi has been going on for a year or so, because saying things like this now, I think it's too early.

Very well said. I think the craze of DEFIs has slowed down but still investment is coming in this sector of crypto space. The growth of Defis is incredibly very impressive and we should not confuse Defis with ICO or IEO. Unlike ICOs, many DeFi services have working products with daily active users.

DeFi is unique idea because of  its permission less nature. No doubt,  anyone can start a lending service for cryptocurrencies. But a DeFi lending service is composable, allowing third-party developers to integrate it into their own applications, stacking these services on top of each other like building blocks and creating interesting new financial instruments that were previously impossible to make. Examples of such amalgamations are borrowing tokenized insurance, paying bills with synthetic derivative index funds, and lending fractionalized assets.

Having said it all, it would be wise to do cherry picking while investing in Defis and do proper research before taking any investment decision.


Title: Re: History will be repeating itself, invest wisely.
Post by: Drahzar on December 14, 2020, 08:32:00 PM
i think defi is much more credible concept than IEO/ICO previously, - here even when we see a huge hype, we understand that there's a strong financial model/technical base/strategic roadmap under this particular token.  i believe defi isn't a real hype more like stable concept which will have a huge impact on a crypto market
Yeah, I agree with u. Truly to say, I'm also interested in dex projects, just now read about new stablecoin dex - xsigma. They are backed by a public company and looks credible


Title: Re: History will be repeating itself, invest wisely.
Post by: maximumcoin on December 15, 2020, 03:16:35 AM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle. The recent spike in price and are all sold off with - 50% and still counting as bitcoin plunge continues.
Sushi developer left the project but I was surprised how the price bounce back when FTX founder renowned his self to continue the project. Invest wisely, most of this project will cost you nothing but loss.

Maybe in the futhure future, those Defi projects will leave but now I see that the profit it brings is very good, especially with Sushi, so if you are a wise investor, why don't invest on it? I think the most important key in investment is risk management and accept to cut loss when any projects no longer go according to our plan.


Title: Re: History will be repeating itself, invest wisely.
Post by: tuchenvi on December 15, 2020, 03:57:11 AM
i think defi is much more credible concept than IEO/ICO previously, - here even when we see a huge hype, we understand that there's a strong financial model/technical base/strategic roadmap under this particular token.  i believe defi isn't a real hype more like stable concept which will have a huge impact on a crypto market
Yeah, I agree with u. Truly to say, I'm also interested in dex projects, just now read about new stablecoin dex - xsigma. They are backed by a public company and looks credible
i heard about this project, and yes it looks really credible and interesting, they based on a Curve exchange


Title: Re: History will be repeating itself, invest wisely.
Post by: Lantind on December 15, 2020, 05:11:58 AM
Yeah, I agree with u. Truly to say, I'm also interested in dex projects, just now read about new stablecoin dex - xsigma. They are backed by a public company and looks credible
This is indeed very interesting to follow, but I also want to know about what public companies are supporting about the new dex - xsigma stablecoin? because if this is true, then it will not be wrong to choose project dex from now on.


Title: Re: History will be repeating itself, invest wisely.
Post by: Kocret02 on December 15, 2020, 06:38:42 AM
Only a fool will think this growth on DEFI is sustainable, any investment you make and you are able to double your money, take your investment and let the profit run. We saw how the 2017/2018 went, investment of $10k is less than $10 now and most of these prices won't come back to their ICO price because there are a lot of bagholders waiting to dump on you
This strategy of the project seems to be pumped while hoping that many investors will invest. but after the price dump they didn't do any more repairs and let. so for investment why should it be in tokens not in bitcoin or ethereum which is clearer from any point of view


Title: Re: History will be repeating itself, invest wisely.
Post by: sayaya17 on December 15, 2020, 08:48:53 AM
Many crypto investors are leaving crypto in 2018 because they are stuck on the ICO project in 2017/2018. And they started glancing at the crypto market back when DeFi hyped up because maybe they were hoping to get a lost return on investment in 2017. But that’s uncertain to get a 100% return because DeFi will drop back on prices that have already risen very sharply in the market. But not a few also those who benefit from this hype DeFi project. For that they are in and out on every newly born DeFi project.


Title: Re: History will be repeating itself, invest wisely.
Post by: huiji2011 on December 15, 2020, 02:46:04 PM
It is always the same, the people that making the same mistake are existence, even though they understand need to invest wisely, but greed have urged they made a wrong decision, unfortunately, i am the one. At last, thank you for you advice. 


Title: Re: History will be repeating itself, invest wisely.
Post by: Wipeout2097 on December 15, 2020, 03:23:51 PM
All have got to decrease ravenousness and consider it carefully some time recently contributing. I believe that there's nothing great or free that's simple to purchase so we ought to have an objective see of the showcase.Nowadays, the ventures are expanding in value too rapidly and the hazard of investing at the minute is gigantic.

People who have not contributed within the past months ought to hold up instead of contribute now.Investors have still overseen to form a slaughtering out of this enormous buildup and defi trend.All were maybe mindful that these ventures will not be maintainable for long so they fair bet it considering the truth that the costs were flying and within the conclusion a few were victors and a few failures but rest guaranteed the great quality ventures will support and survive through all this for beyond any doubt.


Title: Re: History will be repeating itself, invest wisely.
Post by: slaman29 on December 15, 2020, 04:10:17 PM
Always have a benefit of the doubt, only the top 5 coins in the market deserves our trust other coins are still struggling, they can still fail and leave the project, if you invested on these kind of coins always get an update and news about their progress and if there's a hint that they are changing direction then by all means leave the project, do not have attachment to these kind of projects.

Those were the famous last words of coins like Bitconnect and Onecoin, though! They were for a very long time in Top 3 by marketcap, so I would say let's not jump to conclusions just because of capitalization random rankings.

Just look at Bitcoin and Ethereum, and the seriousness their users and developers have, actual economies, not vaporware.


Title: Re: History will be repeating itself, invest wisely.
Post by: VanityWallets2015 on December 15, 2020, 04:46:59 PM
Well said Op. It’s more than sure that history will be repeated. And very near we can see this maybe. How the Defi hype are happening in recent crypto world then, I think we will see very hard time more than past.  And Yes I saw the news of sushi project, if we don't learn and don't be wise we will lose a huge again Imo. So don’t be greedy again especially when you will interested to invest in Defi project. Be cool and wise, investigate, take some others opinion if possible then decide to invest. Always keep in mind that it’s your hard working money. And you are the man who can secure it.         

I could not agree more with you.  The history will repeat itself as all people repeat what they did before.
I think more people had jumped into investing to “trending” projects even without having idea or sufficient information about it.
This may have been intensified due to the crisis we are in right now, and people think that this is the easiest way to earn.


Title: Re: History will be repeating itself, invest wisely.
Post by: 1l1l11ll1l on December 15, 2020, 05:02:29 PM
Always have a benefit of the doubt, only the top 5 coins in the market deserves our trust other coins are still struggling, they can still fail and leave the project, if you invested on these kind of coins always get an update and news about their progress and if there's a hint that they are changing direction then by all means leave the project, do not have attachment to these kind of projects.

Those were the famous last words of coins like Bitconnect and Onecoin, though! They were for a very long time in Top 3 by marketcap, so I would say let's not jump to conclusions just because of capitalization random rankings.

Just look at Bitcoin and Ethereum, and the seriousness their users and developers have, actual economies, not vaporware.
I guess it's been an old model, right? Most investors also won't buy words like that anymore, because they are proven to be shitcoin. Investing in technology always works, so when a project has good technology, the percentage of it being a bad project will also decrease. real use cases, an active developer community and development is a pattern that we can observe on good projects


Title: Re: History will be repeating itself, invest wisely.
Post by: gamer4156 on December 15, 2020, 05:05:44 PM
I accept that there is no good thing or free that is anything but difficult to purchase so we need to have a target perspective available. Right now, the tasks are expanding in worth excessively fast and the danger of contributing right now is tremendous. The organic market would produce the specific cost. Be certain what's the stockpile of the coin and what amount would you think it'd be requested in coming years.


Title: Re: History will be repeating itself, invest wisely.
Post by: Dhoe on December 15, 2020, 05:07:33 PM
It is always the same, the people that making the same mistake are existence, even though they understand need to invest wisely, but greed have urged they made a wrong decision, unfortunately, i am the one. At last, thank you for you advice. 
You are right, greed is what makes us take the wrong steps. I also did it several times even though I already knew it was a mistake but it's hard to control everything. making wise investment and trading decisions is very difficult.
You only need experience, when you get a lot of experience it will be a lesson for you, Don't fall into the same hole, you must control your greed, I personally started to learn not to be greedy when investing and trading, and I can get stable and continuous profit.


Title: Re: History will be repeating itself, invest wisely.
Post by: Anish02 on December 15, 2020, 05:10:07 PM
It is always the same, the people that making the same mistake are existence, even though they understand need to invest wisely, but greed have urged they made a wrong decision, unfortunately, i am the one. At last, thank you for your advise. 
Absolutely, true because of greed people cannot make a rational decision while investing in crypto and that's why they victim by investing in Ponzi scheme or scam projects. Bit connect is a great example for the people who had invested in it are lost their money just because of greed. That's why keep your greedy mind aside while investing.


Title: Re: History will be repeating itself, invest wisely.
Post by: doctor877 on December 15, 2020, 08:22:24 PM
New innovations are the medium that Enables to inject new funds into the crypto market and everyone will want to take advantage of every opportunity for profiting. It's just like a cycle, new idea comes, new projects comes, and then many will die off, the trend also flames off and we wait for new trend. It has been repeating itself like this as history. Anyone that dosent know how to join early and take profit will be losing money to the wrong hands.


Title: Re: History will be repeating itself, invest wisely.
Post by: globalcitizen on December 15, 2020, 08:40:23 PM
It's been a worrisome development in this domain especially following the 2017 ICO booms and dumps. Many people have been ripped off their hard earned money over and over again. But that does not mean we have not seen very genuine and successful projects. There have been many of those and that's why I always advise investing public to their research very well before investing in any asset to be on the safe side.


Title: Re: History will be repeating itself, invest wisely.
Post by: Slingshot on December 15, 2020, 10:08:15 PM
History is already repeating itself as many have exited scam and many are already hurts. Defi came as a saver in Cryptocurrency world and now brought heartbreak to many. Alot lost huge and in dip tears. Let's just be extremely careful when investing to avoid loosing more funds especially this December period being festive season.


Title: Re: History will be repeating itself, invest wisely.
Post by: Botnake on December 15, 2020, 11:24:56 PM
I'm looking at the positive side of history, I would be glad to see if it will really repeat so I will make a decision that I failed to make during the last bull run. However, I'm not so confident it will happen but hopefully things will be the same so everyone could correct their mistakes.

The last bull run, particularly in 2017 taught us a lot of lesson, it would be so stupid if we will still allow ourselves to do the same mistakes again.


Title: Re: History will be repeating itself, invest wisely.
Post by: imteaz on December 15, 2020, 11:28:55 PM
History will not repeat again and again, If it was bitcoin would be at $15k right now. But bitcoin keeps pumping to over 19k proved that bulls are in control. So you never know, it might pump to 25k or even 30k. But now time will say what will happen to bitcoin, but it's true and very risky to buy bitcoin now, as it is too expensive at this moment.


Title: Re: History will be repeating itself, invest wisely.
Post by: 24Kt on December 15, 2020, 11:41:15 PM
History will not repeat again and again, If it was bitcoin would be at $15k right now. But bitcoin keeps pumping to over 19k proved that bulls are in control. So you never know, it might pump to 25k or even 30k. But now time will say what will happen to bitcoin, but it's true and very risky to buy bitcoin now, as it is too expensive at this moment.

Maybe expensive in the sense that if you are basing from its previous ATH, but if btc will go to 25k or even beyond that, the price today is not expensive. Depends on where you are comparing it to. From the time the OP posted this thread, the btc was in the 10k level, so only few months and the money if someone invested at that time almost already doubled its capital. That's actually a very good profit out there.


Title: Re: History will be repeating itself, invest wisely.
Post by: tabas on December 15, 2020, 11:53:51 PM
It's been a worrisome development in this domain especially following the 2017 ICO booms and dumps. Many people have been ripped off their hard earned money over and over again. But that does not mean we have not seen very genuine and successful projects. There have been many of those and that's why I always advise investing public to their research very well before investing in any asset to be on the safe side.
Those that have been ripped off were the ones who just bought during the peak. They don't understand the nature volatility of crypto and they just rode the hype during that time.
This time, the institutions are making it easier for us, old holders and investors in crypto because they're the ones that shows interest and it gives idea to the people who have no idea what cryptos are.


Title: Re: History will be repeating itself, invest wisely.
Post by: kawetsriyanto on December 15, 2020, 11:57:05 PM
Just like ICO, proof of stake,masternode, IEO and DEFi. The trend will come and go but few survive the jungle.
Indeed. The trend or hype won't last forever, there is a time that it is over. And only a few coins/tokens from that hype survive well in the crypto market. We cannot deny this fact, but we can manage our investment wisely with that fact. We need to set our target for crypto assets realistically and no greedy. As long as the hype or trend is there, don't forget to take profits first if you think it is enough for you. Don't dream too high, so you don't realize that you miss the opportunity because of greed.