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As far as I can see defi is just a game of pump and dump, defi is only good for the short term, it can make money quickly the rest is gambling. like YFI 4k so 40K and now dump 80%.

even though a lot has been said, and op also clarifies what was said and it seems that it has indeed seen and happened. but because this is still a new system. i will see in the next few months whether they really can't make changes. i also need a lot of information to determine something new.

the elements involved are also many and sometimes people looking for a moment's profit make this so that it destroys the reputation of Defi itself. I believe many are playing over this.

yield farming is stupid

HEX just hit #16 coin ranking with 2 billion marketcap, its pumping before BigPayDay on November 19th

Not yet over but the era of DeFi as we know it might be. DeFi is going to offer more in the years to come but this stage is just like the trial and error stage. Decentralization in finance is always wanted and preferred but it is not yet the best form right now. The DeFi right now is the most crude form of DeFi. It also does not help that there are countless of scams riding on this DeFi wave. It gives DeFi a bad name.

And you should also understand that Bitcoin is very bullish right now so expect DeFi centered tokens to be dumping hard.

I think it's not yet but might be over soon. It's true that most of the DeFi would really pump really good but will dump really fast too. That's why until now I'm still thinking if I should invest to it or not since it's really risky to invest in such projects still I would prefer a long term investment rather than short risky investment.

I think the DEFI era is just beginning, right now DEFI is being impersonated and hyped like the ICO of 2017.
In the future, DEFI will be reorganized with other forms to bring more reasonable and sustainable profits. Several DEFI projects are using cryptocurrencies to make real-time investments and pay annual interest based on the protocol they have established. I think DEFI will develop organically with good projects.

This is definitely not the end of the DeFi bubble. As we can easily check on Defi Pulse, the amount of money invested in DeFi is still high:

https://defipulse.com/

The pace of bubble growth slowed down a bit, but it would not be a surprise if, after PayPal announced the acceptance of cryptocurrencies, DeFi also took another breath and started a second wave. I think we will be able to judge this within a few days - possibly at the end of the week.

In my opinion, the DeFi experiment has given the name (defi) a bad name just like was with ICO. Doesn't mean Defi is bad, just that they haven't figured a way to make it work without compromising on the decentralization. Or they know how to make things work but are scared it will take away too much powers. Maybe we would go for another word if DeFi becomes a dirty word.

Just another kind of MLM, staking your coin and earn profit, but we don't know why it's so hype. But, if you want 2017 to return, it is a necessary condition to bring more money into the market.

maybe that's the reason I never wanted to get close to what Defi tokens are on the Ethereum network, I believe it won't last long, big people who have big money in them will benefit greatly at the start, that's not fair in my opinion, a lot of altcoins are pretty good at this time, for example, like IDENA with an interesting concept as well as a large community, try to see and learn that and my advice is to stay away from Defi projects like that because they come to take your money

Thats normal thing people is looking for fast profit so if they think the gain they have in that coins is enough they sell their coins and other big holders will also follow and this will became the reason it will dump huge like what happen to the tokens you mention.

Mostly any investment in crypto that asking for investors to invest is good only in short term and we have many proof with that in many old project we have seen.

Make sure you always secure your profit every time you want to follow hype project like defi.

In my opinion, the DeFi project is not too many people who are interested in participating with the project, even though most people prefer the IEO project rather than the DeFi project, whatever factors make people not really like the concept provided by the DeFi project, even though I don't too dissatisfied with the concept influenced by the DeFi project ..

For almost altcoin events maybe it has been schematic like that, like ICO and IEO, can you count for how long the booming for both events took a place?

Maybe it is just around two-three months after that we will see there will be many people who angry and poured out his frustration in this forum because he had suffered a huge loss.

Be careful with that, there will be many new events that will come, Indeed the ROI is high but it is just for a while, you have several parcent to getting profit when you have the intention to keep hold the token.

Defi is still new, this system has only been operating for about 2 to 3 months. after the price spike on the YearnFinance (YFI) coin at the time. but I'm not saying that Era Defi is dead. I previously said that Defi is more suitable for short-term investment, one can easily get profit by investing in a short term in the Defi project. but it's also risky if you can't control your assets or that often happens like getting stuck in Fomo or some kind of hype.

I think DeFi will be pumped for the second time, DeFi isn't over yet. But after that they will go far. If you have DeFi tokens that you bought at a high price, you can hold them. If it reaches the price you bought, you can resell it. Don't hold if you already have a second chance.

DEFI era is not over, we are just getting started, this is just scratching the surface, DEFI is nothing new to the space, it is just recently that people catch the fire and all the rubbish food swap/finance makes it seems we are at the end of the cycle. What you need to do is to look for good projects in the space and buy the dip after this BTC rally they are going to pump because of free money entering the space

You've realized it late. Many have already been aware that the scheme investment of defi won't last. The hype it brought to the community is just the same and no different from the ico that we've been.
If you are late in those yield farming projects, you are likely to burn your money. Buying at hype without proper analyzing the chart of that token will lead you burnout not just mentally but also financially.

Almost $40K but now YFI is just $13k.  Not sure if it's the end of the defi but there are still projects that are in bull. UNI is 5.69%. I think the DEFI isn't over, there will still be a rise in the defi prices. The only few of them though.  There isn't a project that has a new notion actually but the lending, liquidity pools, many of them are up to it and few only for the synthetic assets.

Yes. Project DeFi was promising at first, but after a while they will sink. Not last long, all DeFi tokens were dumped. Chart down  by 40 to 60% per day. When prices are high, transaction fees are also very high. In essence, the presence of DeFi does not provide anything new for crypto users.