Bitcoin Forum

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?

I just actively watch the defi search group as there will always be active members who will always give a new update about that and here's the link https://t.me/defisearch

But on another side, I'm also watching the icodrop telegram group to get the latest update regarding defi.

Both were always giving the regular news about defi or the new defi project but again DYOR is a must.

It is very easy to do that, because if you want to always be updated on the latest information about anything including cryptocurrency, then don't be lazy to read and see official places that often provide useful news for everyone, so you will always have the opportunity to take advantage of existing opportunities.

If you aren't knowledgeable enough in the crypto community especially with regards to DeFi, better not to engage nor look for upcoming and newly made projects out there. If you were old enough in this forum, you might remember nor experienced being scam with a lot of bounties back then tha published so many fake updates and statistics that even and almost all of its participants and investors are fooled. Same as on some DeFi projects, better know if one is legit but knowing such takes too much time and effort, and not based on their updates alone.

If you want to be the first to grasp the opportunity, better know as well that you can be the first to grasp the risk and the danger with engaging on certain projects. Being updated isn't just because we searched nor there's a community that tells us which and what are legit and should be invested. Being updated is because we took so many time that we research thoroughly first before committing.

In additions via your comments, anyone that wants to be updated concerning bitcoin forum and cryptoccurrencies have to access internet, and
Make a proper research through Google or YouTube video to verify what ever he needs. All these can equally find in social Media's such as Twitter and Instagram and telegram.

I think that if you are not having a lot of experience in the coding and then just try to avoid to get into the hype. So many investors and newcomers have been getting scammed caused by the dev was putting the unlimited minting function. Even when it was traded on the good exchange site didn't mean the project can perform very well for the investors.

You should think for a twice to join in the any defi platform. As you can see that there are scam defi coins these days. Just try to follow the legit source to get the new information regarding the upcoming legit defi.

First grasp? To be able to be the first investor in order to maximize a profit from DeFi or other projects you should know a lot of things first about that project I, myself didn't exactly know how to check if the DeFi projects are real and some users are too greedy to be the first one and didn't manage to review it and ended up losing their money I really think it's alright not to be the first one as long as you know that it is safe you can just wait for other DeFi projects that will gain reputation in long run and invest on it but if you really want to invest on new projects well the risk is high if you don't know things you should be looking or checking.

Well, the risk of joining the hype and new projects is really high. The profit could really be enticing, but the risk also follows. There had been news of DeFi exit scams and do not rush on joining any projects just because DeFi projects are extremely hyped today.  Always stick on doing your own research before engaging your self to any project.

Just like the usual resources on different websites. I'm not a defi investor but you can use that strategy.

https://coinmarketcap.com/defi/

https://cointelegraph.com/tags/defi

https://defirate.com/newsletter/

https://defiprime.com/

Why do you want to stay updated with the defi project? Is it because the trend now is defi, so you decide to follow every defi project news and find the potential defi project that can bring you a big profit? I hope you know what you want to do, so you can prevent from getting the scam by that project. I won't say that all defi project is a scam, but I am worried if some defi project can turn to be the scam project. I don't know where you can find the updated news of the defi project, so I can suggest you search for the other project rather than search for the defi project.

Coinmarketcap or coingecko, and then follow the official twitter if there is one. But let me remind you of the dangers about the whole Defi ecosystem, tokenomics right now because it is very toxic to say the least. There are a lot of projects that turns to be a scam in the end. So always do your own investigate or better yet, stay away from the defi hype if you are unsure of.

Just keep calm, don't rush into them unless if you know everything on a certain project. I hope you'll never forget the 2017 hype, a lot of people come into crypto, putting their hard work money, and then lose them all. That will also happen to us if we don't be careful this time. Because promising projects will surely be stayed in hype at any time, unlike into shit projects that only driven by hypes just to see it surging and after that, they're dead.

It's very easy, it only takes 5 hours a day to research and read the latest news on every official website, so you will always get all the latest information you want, the point is you have to always be active to find new information.

There are many people like you who are just chasing each and every defi project but this strategy is quite risky and you should be careful about where you are investing your money. For info about you can visit this forum regularly or be active at social media and cmc.

Currently we have many good and useful ways to staying updated in this crypto world few one already mention in early posts but I want to mention few more www.twitter.com is really useful tool for this as well and www.coindesk.com these both giving update news on time for more latest updates few blogs also working but you have to do some search for this as well.

Well, this forum is the best news outlet you can get.
Better actually.
Most members here are trying to filter DeFi projects. Isolating scam with good ones.
But, there is still no assurance with that.
After reading a good review from it, make your own deep research about the project you want to jump in.
You lose nothing by being too careful.

I think this topic will be useful to you -
https://bitcointalk.org/index.php?topic=5271564.msg55090392#msg55090392
All the most relevant resources are collected here, where you can find the information you need.

There is a danger inherent to being the first to jump in. This suggests that you want to buy just because it is DeFi, rather than through a full assessment of the project, its aims, its strengths and weaknesses. FOMO isn't usually a great reason to buy in. I would advise not to jump in until you have completed the necessary research. This way you may lose a bit of profit if it's a good project, but you also save yourself the possibility of being a bagholder of something that will crash to $0.

It's easy to know what's new in DeFi through these forum, also in checking new listed coins in coinmarketcap, but even they are listed it doesn't guarantee that the coin will  really be worth investing. Better know the project itself and if plans to join the hype make sure that you will able to monitor it 24/7 as new projects will just hype in just few days or weeks then it will just be like a typical ICO coins l.

Truth to be told, I don't know such things as how to know everything about Defi projects earlier than everyone else. And second, I don't think it's wise enough just to know them before anyone else would do you any good. How do you know whether it's a good defi projects or nay? And what would you do once you became the first one to notice them projects? It's your call, try going around in the forum, you'll find what you need and you can also use a "notification" for a certain section, and you'll be notified through your email if that's what you mean being the first to grasp the opportunity.

There's a lot of trusted sources of crypto-related information, and Bitcointalk forum is one of them, Coinmarketcap for a daily dose of insight and data. But don't just concentrate on Defi crazed, The crypto industry is big enough to explore just considered other platforms that less risky compared to Defi projects that were only run on hype and no solid fundamentals including use case.  

Sorry dude but the only source of defi news I know is this forum. I am currently joining other pages and gropus on social media sites but only few of them are discussing about this trending defi projects. Even the most active subreddit I joined do not discuss it and I don't know why actually. It seems that their interest are still into btc, eth and other famous coins. Is that a sign of being wise trader? Lol just kidding ;D.

Question here is, could you give yourself 5 hours a day for research. I mean 5 hours a day just for researching what to invest in cryptocurrency? If you don't have a wife or kid or maybe responsibilities. Maybe if you don't even have work you can give 5 hours. 5 hours is more than half the whole days work. You work 8 hours, possibly 1 hour for the drive then 2 hours for the preparations, plus 8 hours of sleep. Then 5 hours remain for other things and you are telling me to spend 5 hours for crypto research? My missus would be driving mad for me not having time with her and the kids. Also counting lost hours for myself. Thanks but no thanks mate.

We have different ways to be updated to it but i don't think being the first to invest does mean good profit just so you know that I've read several threads already about DeFi scam, the scammers are already on this hype so it's better just to wait for a good DeFi project rather than looking for a new possible good DeFi project. You could use this forum to have some news but beware some might give false information also you can look for some reputable crypto news articles they might help also and lastly doing your own research.

You can follow the trusted social media like facebook twiter telegram and forum btt trusted like this , you do not only get update about defi from there but also many things you can right

I don't think there's that much of resources in Youtube when it comes to any sorts of projects. Some might just shill a coin there and pay them for their fake reviews that's why I don't trust video creators a lot without having too much support through subscriptions.
Sometimes I just consult the crypto news sites.

The trade of Defi projects are done in Uniswap one of. The biggest then Suchiswap is up and few other swap platforms so you can follow them up for more info. Coinmarket and Coingecko also have a link where you find more info of the ones listed already.

of course by following and being active in this forum we will get the latest information about the world of cryptocurrency, because every day there is interesting information in this forum and then we can search for more articles with keywords and post information on the forum

Defi projects have ripped off several persons in the past and I personally won't advise anyone who isn't grounded in how it works to invest in Defi. Defi yield farming is lucrative, but it's hard work to keep yourself progressing coupled with the fact that the opportunity is risky and you need huge capital to make substantial returns.

The forum  is full of people who are willing to update us with new projects but there are still projects that are not actually posted here. There could be projects that are posted but weren't getting attention because no one yet had explored it.

You might wanna follow some platforms you have been investing, you try joining the telegram of big platforms like ETH, EOS, NEO and TRON because people there are also sharing new projects that are alternative to what was been hyped. Theres also youtube channels and cointelegraph if you consider them.

Twitter is the social media I mostly see crypto news since I followed many crypto-related Twitter accounts. Mostly there are twitter accounts shilling different Defi projects to gain attractions and this happens allot in twitter. Well researching the projects they are shilling if you plan to invest would be good because all of it is just hype and temporary profit.

I have not invested in any DeFi projects as of now nor have i used any lending applications available, but if you want to learn about the entire new craze and the lending platforms then you can visit the site defipulse (https://defipulse.com/defi-list/).

PS: I have nothing to do with the site but it has everything you need to learn about the market.

If you are looking for new investment opportunities make sure those are trusted one as you will encounter many scammers and never fall for reviews and take decisions on investment.

Even coinmarket cap having separate tab for defi projects and also have criteria filter to make the search easier.

But DeFi project are not really developing anything, they just created and launch their project.

For me crypto twitter mostly does the job and i think i do get updated after surfing twitter for 15 or so minutes everyday.
But make sure you are following right kind of people and accounts on twitter.
You can follow experts, traders, investors, influencers, developers, project owners etc.
Additionally you should follow the twitter handles of crypto media outlets, exchanges, news sources and projects.

First to grasp the opportunity? Read the forums and see how many people are warning against those defi projects. Even if there are some real DeFi projects, it would be wrong to deny that most of them are scam projects. I mean, look how many dead projects just revived themselves by adding the term DeFi. Also the sudden rise of DeFi projects with no real goal clearly shows that those scam projects. It is just a hype waiting to die and make many people hopeless.
Do yourself a favor, avoid those DeFi projects and just invest on normal well known crypto currencies.

It is very difficult to keep pace with most of the DEFI projects in the space but if you want to be up to date, tweeter is a great platform to be, just follow the OG in the DEFI space and they will be shilling you alpha. You can join telegram Top 7 telegram group also it is a good channel that update you on the Crypto news in general

You can subscribe to relevant channels and groups at most of the social media platforms; twitter and reddit serve the purpose well.
After tgat you need to join relevant groups in telegram, facebook and discord.
If you check these platforms daily i do not think that you can miss new projects.

To get any latest updates the first is to be diligent in reading and you can search for all the information on this forum or maybe you can also follow telegram channels or other social media that discuss crypto.

For uniswap, there is a bot that tells you about new listings, if you have time, you can try to find something worthwhile there.

Always browse on this site, reading must be often for those need to update,  take time know about a news knowing the other importance matter. There are many ways getting updates reading is the key.