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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Simakura on October 25, 2020, 11:10:44 AM



Title: Defi project like game pump and dump
Post by: Simakura on October 25, 2020, 11:10:44 AM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.


Title: Re: Defi project like game pump and dump
Post by: Kavelj22 on October 25, 2020, 11:26:37 AM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

You maybe heard about the ICO boom in early 2017-2018. This is almost a new hype. Peoples claiming to be devs and advisors lunch a start-up with the word {DEFI} in bold and start looking for funds. With the existing of UniSwap and other swap platforms, most of them use those platforms to rise funds. Make sure that you won't see 90% of those projects in the near future. Yes you may call them bullshit or simply "a scam".


Title: Re: Defi project like game pump and dump
Post by: cheezcarls on October 25, 2020, 11:50:32 AM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

You maybe heard about the ICO boom in early 2017-2018. This is almost a new hype. Peoples claiming to be devs and advisors lunch a start-up with the word {DEFI} in bold and start looking for funds. With the existing of UniSwap and other swap platforms, most of them use those platforms to rise funds. Make sure that you won't see 90% of those projects in the near future. Yes you may call them bullshit or simply "a scam".

I actually agree with your statement that DeFi is like ICO pump and dump game. It’s all about being lucky in that DeFi coin or token that would pump. If I were in their shoes playing the game, I wouldn’t hold on for long. Once it goes high in value and may go parabolic, I would sell immediately for profit (only if that DeFi project doesn’t have promising long term roadmap). But if it does, I don’t mind holding if I believe (but it’s still a high risk).

The mindset of these people nowadays are only focusing on the price and not the long-term real and positive use case of it (unless if there’s nothing new about their features such as staking, yield farming, etc.).


Title: Re: Defi project like game pump and dump
Post by: XCANA on October 25, 2020, 12:05:50 PM
Hype is hype, it will only last for a few years. DeFi is like an ICO in 2017-2018. I agree, we have to be in the right moment, we have to be careful in choosing every hype project to get big profit.
Why chose a project with so much hype? this shouldn't be becasue of the high risk involve. Few months ago, there where series of defi projects that where flying into the crypto-space but at the moment they seize to exist. Most of these projects we put trust into where the ones that get us stranded, don't invest in #defi projects for now becasue they're all for pumps and dumps mission like the days of the ICOs. Rather make your little investment on Bitcoin with a guarantee return on a long-term.


Title: Re: Defi project like game pump and dump
Post by: Fundamentals Of on October 25, 2020, 12:14:31 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

Defi investment is risky, very risky. If you want to invest in Defi, limit it to an amount which you can really afford to lose. And don't be so greedy with Defi investments. It could end up just like the ICO back in those years when they are the talk of the town. Right now, the trend is Defi but the experts are giving warnings about its flaws and it has a lot.

Don't think of big profit. Just think of profit. Put some target and stick to it. Pull out after profit is made. Defi is still very young and therefore full of uncertainties. But even so, there are already so many scams riding the Defi trend.


Title: Re: Defi project like game pump and dump
Post by: Akiko on October 25, 2020, 01:51:06 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Thats the risk of hype project you need to be at early stage if you want to have large gain but the risk you can also lost a lot investing in them . same thing with ICO in early stage, everyone get a large gain that time and since many people earn a lot it atstract also scammers and fake developers to make and have thier own tokens ,so they can benefit with the hype. Samething happening now in defi project.


Title: Re: Defi project like game pump and dump
Post by: shinratensei_ on October 25, 2020, 01:57:16 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
You can take YFI as an example even some people were calling this legit but there's a lot of dramas around it. The price of YFI has been getting pumped so hard and then it was getting dumped again to the bottom which has proven if the defi trend was the defi bubble.
The defi project just a tool for the whales to create pump and dump scheme to generate a lot of money from market.
Defi is actually a pump and dump game. There's not real value around it.

I will not take this as something that will determine the future of crypto.


Title: Re: Defi project like game pump and dump
Post by: Smitty Werben Man Jensen on October 25, 2020, 02:10:44 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

the Defi project is like any other project, it's just that now Defi is still a hype among the crypto currency community,
we know that, it's not just Defi who has hype, ICO, exchange of kirpto, there has also been hype in his time



Title: Re: Defi project like game pump and dump
Post by: mirgo1791 on October 25, 2020, 02:24:46 PM
to avoid use with fake news and release from untrusted source of anchoring to rejects of risks on over limit value and preparing with the extensive plan as managing long terms of investment plan with the field of bitcoin and crypto finance of scenes.


Title: Re: Defi project like game pump and dump
Post by: bigcash2011 on October 25, 2020, 02:35:08 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
That is why the wise still believe that never fomo in new projects, even if the projects are real and legit with good use cases, you will still get a chance to buy at better price later after it list and trade on exchanges.
Defi projects grew too much too early and now as the hype is over the top defi projects will grow organically and it will take time.


Title: Re: Defi project like game pump and dump
Post by: traderethereum on October 25, 2020, 02:40:17 PM
I don't mind if the Defi project is a game for pump and dump because if we can follow with the Defi project and make a profit, we can make a lot of money.
It's like what happens with the ICO and IEO a few years ago, and I am sure that many people can make a big profit in that year.
But if you are afraid of the pump and dump, you don't have to follow what other people did because that will need the courage to follow them up and down of the price.
But if you want to join with the Defi project trend, you need to know when you must stop to buy and sell because the Defi project can not always give you a profit.
Maybe you can try to join with the token that starts to rallies, but you need to be careful because the price can get dump anytime, so you need to know the right time to quit from the market.


Title: Re: Defi project like game pump and dump
Post by: Dragonfund on October 25, 2020, 02:47:49 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
I have a little advice for you, it will help you, your investment, but you can dive into the knowledge and learn the fundamentals perhaps you may later make a right decision.
  • Don't invest on Defi presale, there were instances where the team run away with investors money. They are anonymous, you can't track them.
  • If you must invest, search for already listed DeFi with high liquidity to avoid swapping challenges.
  • Avoid hype DeFi projects.
  • Please, do your own research. YouTube channels might be wrong sometimes.


Title: Re: Defi project like game pump and dump
Post by: int03h on October 25, 2020, 03:19:55 PM
Pumping and dumping are how people invest in DEFI. Projects that exaggerate and proliferate quickly make others interested in investing in them. The more people entering the project, the value of the project increases rapidly. Sharks have joined DEFI projects when they first launched, they have the advantage of going ahead with large amounts of money by participating in owning and exploiting DEFI. The latecomers will buy at a high price, when the volume is large enough they will sell to make a profit.

People still know what the market is doing, but they try to follow trends. Because of that psychological factor has made the market worse. Right now DEFI has been overblown and projects are dying. There is no organic growth in this market, it takes us a long time to improve it.


Title: Re: Defi project like game pump and dump
Post by: Distinctin on October 25, 2020, 03:24:58 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Indeed, But if you can make a good shoot at the start where hypes started, making a big money is easy and quick. However, the trend changing and it was hopeless to invest them this time. I urge you not to make deal with these hypes scheme projects because it simply putting you at high risk of losing.

That is why if you are eager to invest in crypto, better to find an old and existing project. They are proven enough for so long unlike these short-term investments which nothing it helps the community but instead this only ruins the crypto image.


Title: Re: Defi project like game pump and dump
Post by: New_order on October 25, 2020, 04:01:22 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
It's good if you know when to opt out, DeFi projects are not reliable, I'd choose from the list of DeFi projects that's been around since 2018 or 2019 because it's shows they aren't in for game like many new DeFi projects today, you need to be careful


Title: Re: Defi project like game pump and dump
Post by: kentrolla on October 25, 2020, 04:52:31 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

When it comes to cryptos next generation Defi projects were the hard topic, unfortunately many of these are suppose to be scammers and investors lose faith in this. I am not saying the entire but many also there are few projects which became very popular like AAVE, BlockFi etc. As far as I know these are hype and we need to be very careful.


Title: Re: Defi project like game pump and dump
Post by: amishmanish on October 25, 2020, 05:02:51 PM
Like all things in crypto, DeFi is also a complicated amalgamation of outright scams, novel ideas and honest, bright-eyed devs trying to actually realize their ideas. There is every possibility that a few of them will result in some kind of long standing products as well as communities. The problem is that those complaining about "scams" are generally themselves looking for "scams" that will 100X their investments, and more importantly, do that before others find out about it. Like everything decentralized, DeFi is also what the people make it. Some good, a lot of bad.



Title: Re: Defi project like game pump and dump
Post by: kingzpro on October 25, 2020, 05:20:38 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
This will keep happening till people will keep chasing each shiny project without any practicality, some projects even do not have details, no whitepaper, no roadmap and no team and still they are able to raise target funds. This is all because of greed but we all know that this greed will make most people lose money than making any profit.


Title: Re: Defi project like game pump and dump
Post by: ChronoLite on October 25, 2020, 05:40:47 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
welp this defi projects are similar with ico hype in 2017. new projects are developing their new ideas and make public sales through ico, as you can see at that day many of them are success and of course there are also scammers around it. and also cuz of these fuckers that's why ico dead in 2018 cuz investors are tired of these scammers ruining their investments. same thing will happen with defi


Title: Re: Defi project like game pump and dump
Post by: harizen on October 25, 2020, 05:55:42 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

An obvious thing. But ever wonder why people still got hype on some Defi projects?

It's because, sh*t or not, they can take advantage of the hype it will bring. It's like the old ICO during its hype days wherein even a token with no use case can establish a decent market value once got listed then eventually will fall.

That's why that kind of riding the wave isn't advisable for newbies who are totally unaware of what they are dealing with and just following other's suggestions.


Title: Re: Defi project like game pump and dump
Post by: proTECH77 on October 25, 2020, 05:55:53 PM
Quote
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Every good project has is own time to reign in the market either low or high. If you want defi project to be more stable in pumping you have to understand it season where many investors quite from the market not to experience loss in their business. For you to enter in the right you need to always carry out research to avoid loss of coins in the market.


Title: Re: Defi project like game pump and dump
Post by: Ridwan Fauzi on October 25, 2020, 06:05:58 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
There is no different with ICO and IEO, right? All of them just have a good price when haven't listed on the exchange, but after we see the project it just traded on the exchange we will see its price just dump a lot.

Until now yeah, I see DeFi project only good for short term investment, moreover you can easily sell the token directly on uniswap you don't need to wait the token is listed on the exchange, that is the advantage of this event.

But, there is  a chance for the price token will up again in the future. The DeFi concept is really good enough and I just hope it doesn't take a short time, I think we need this event will last long even become popular being used by crypto user.


Title: Re: Defi project like game pump and dump
Post by: Mahanton on October 25, 2020, 06:08:50 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Just take an example on what happened on ICO, then the thing you should do will be the same on DeFi.Just observed that majority of Defi projects now are suffering in reds but somehow
there are projects that do still stood strong even up to this moment.Talking about pump and dump? Im not that certain but our own eyes can tell on how it do behaves and theres no doubt
that it is really just similar.Just be wise and smart on making up good calls neither you do sell or buy on cheap and of course anything does have a risk and if you do tend to put up
money then just be sure that you had already expecting neither you would profit or not because market is always been unpredictable.


Title: Re: Defi project like game pump and dump
Post by: trauchot on October 25, 2020, 06:21:47 PM
Quite right, I myself have personally invested in several defi projects and managed to get out on time and got a small profit, and if I had delayed even a little longer, I would have lost all my investments, so investing in defi projects is a very huge risk, because many defi projects are created for quick profit and if you do not have time to catch it, you can lose all your investments.


Title: Re: Defi project like game pump and dump
Post by: Kavelj22 on October 25, 2020, 07:27:55 PM
The mindset of these people nowadays are only focusing on the price and not the long-term real and positive use case of it (unless if there’s nothing new about their features such as staking, yield farming, etc.).

I actually agree with your statement too.
Today i was in discussion with an official reoresenter of one of those new DEFI start-up asking him about to promote the project after i found that the concept of the project sounds promising and can do well in the future. I was surprised to read his opinion about that they already collect $2 million, means that the project doesn't need to be promoted anymore.
I am a bounty hunter too and always seeking for good projects running bounty campaigns but i always consider not to join a bounty without doing my own searches before spending efforts. Sometimes, it's not just a matter of profit as i don't want anyone to lose his investment just because a scam project paid me to promote it.


Title: Re: Defi project like game pump and dump
Post by: hatshepsut93 on October 25, 2020, 07:50:32 PM
To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

If something heavily relies on "entering in the right moment", than it's not a good investment and even has a signs of a ponzi scheme or scam. For example with Bitcoin, you would be in profit today as long as you didn't buy at the ATH or very close to it. 1 month ago was a good moment, 1 year ago was a good moment, 5 years ago and so on. This is why Bitcoin is a good investment, even if it's very risky - it tends to go up over the long periods of time. Can you say the same bout DeFi? There's a good chance that in 1-2 years everyone will forget about it and move on to some new decentralized hype thing.


Title: Re: Defi project like game pump and dump
Post by: albon on October 25, 2020, 08:13:31 PM
To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

If something heavily relies on "entering in the right moment", than it's not a good investment and even has a signs of a ponzi scheme or scam. For example with Bitcoin, you would be in profit today as long as you didn't buy at the ATH or very close to it. 1 month ago was a good moment, 1 year ago was a good moment, 5 years ago and so on. This is why Bitcoin is a good investment, even if it's very risky - it tends to go up over the long periods of time. Can you say the same bout DeFi? There's a good chance that in 1-2 years everyone will forget about it and move on to some new decentralized hype thing.

No, of course, defi differs from investing Bitcoin and other old currencies, and I prefer the safe investment that I hold in the long term, defi is just a time and hype only, and whoever has good luck is the one who can choose good projects and invested in them and then sold after he made profits in the short term, it is like ICO projects is several years ago and now is any of us still investing in ICO? Every investment has its time, and when a new investment type appears that has achieved successes, it will undoubtedly attract people.


Title: Re: Defi project like game pump and dump
Post by: aemma on October 25, 2020, 08:48:08 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

Exactly, most of them are only good for short term, even though it can only be very little time frame, thus bringing us to the next vital point you made, that is, entering at the right time. Also, I believe that, even though you didn't enter at the right time but was opportune to meet profit, it is better to sell with that little profit because if it should dump, there might be no hope of it going back to your buy price, so that means losses. Most of these DeFi projects grew because of hype and nothing more which is why their price dump is always bad, reason being that, the hype and attention that caused the price pump has been channelled to another new project, while the others keeps dropping. Lastly, I believe people are learning now and taking appropriate actions towards investing in new Defi projects.


Title: Re: Defi project like game pump and dump
Post by: ZEIIMAN on October 25, 2020, 09:24:37 PM
DeFi has become the most promising growth area in the crypto industry. The amount of ETH locked in DeFi has been following an net-upward trend since mid-2019. In June 2020, Compound released its COMP governance token,releasing a complex yet highly lucrative mechanism known as Yield Farming. According to the data tracker website DeFi Pulse, the impact of the Yield Farming Frenzy on the Total Value Locked(USD) in DeFi has been tremendous, causing the TVL to reach an all-time-high of $3.03B. However, DeFi is still in its early stage, lacking sophisticated, valuable derivatives and Credit-based leverage tools  to allow the investors to achieve the maximum amount of interests and yet pump up liquidity to the crypto world.  I believe Defi will also be widely applied in the future.


Title: Re: Defi project like game pump and dump
Post by: reza7777 on October 25, 2020, 09:25:22 PM
Of course this is only in the short term because there is currently Defi hype, maybe in the future there will only be one or the Defi project that will truly provide long-term benefits to holders.


Title: Re: Defi project like game pump and dump
Post by: samcrypto on October 25, 2020, 09:35:46 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
The trend always change and if there’s a hype on a specific project expect that it wont last and will be forgotten later on. There’s a lot of DeFi project that is pure hype without real usage in this market now they soon to be die when the hype is gone, but of course we can still make money with them only if you know how to ride on that pump and dump trend and leave the market as early as possible.


Title: Re: Defi project like game pump and dump
Post by: #dhabitamartha on October 25, 2020, 09:49:36 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

This is what is called defi trading, sometimes we win, sometimes we lose, but this all takes a long process if we want to be successful in defi trading because all need to learn and need a long process, and don't be afraid this is the beginning of winning a happy one. the key needs patience and calm.


Title: Re: Defi project like game pump and dump
Post by: lobo13hf on October 25, 2020, 10:25:22 PM
Defi is very similar like ICO, when you have been getting legit project of defi and then enter to be a private sale investors, after the private sale has ended and you will see your coin will be traded on uniswap(mostly defi was taking uni as a way to attract people to buy in even people didn't get if any token can be listed on uniswap instantly).

When the investors have been getting decent ROI and they will be dumping it again. It's not even a short term investment. The defi investors just need a few days after tha ico to dump their coins to the marke.
A super high risk Pump and Dump coin.


Title: Re: Defi project like game pump and dump
Post by: lienfaye on October 25, 2020, 10:30:32 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Defi projects are not really different to ICO and IEO during their hype days, there are bad and good projects.

If you ride to the current hype make sure that you conduct a research because some of them are existing to get the money of investors.

So we must be careful when investing because risk is always present specially to the projects that joining the current hype.


Title: Re: Defi project like game pump and dump
Post by: GreatArkansas on October 25, 2020, 10:35:27 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Defi projects are not really different to ICO and IEO during their hype days, there are bad and good projects.
(.....)
This is also what I think. For me, Decentralized Finance (DeFi) is like something upgraded ICO, IEO way back 2017 - 2018 days.
Remember the ICO fever when the last bull run on the time we reached an all-time-highs, that was a lot of money that has been rekt by a lot of ICOs before, and look at them now 80% - 90% lost!

Honestly, I don't want to happen it again now, but we can't really control people who just enter without knowing everything or studying, they thought it's just easy money, easy come and easy go, they don't know the risks.


Title: Re: Defi project like game pump and dump
Post by: TimeTeller on October 25, 2020, 10:36:48 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Defi projects are not really different to ICO and IEO during their hype days, there are bad and good projects.

If you ride to the current hype make sure that you conduct a research because some of them are existing to get the money of investors.

So we must be careful when investing because risk is always present specially to the projects that joining the current hype.


And unfortunately, most of these DeFis are crap with a lot of them have existing allegations of plagiarism or using fake team.
Based from what I've seen here, only few DeFis have real foundation to begin with.
A lot are just copy-cats and trying to list their token to uniswap for potential earnings of their pockets.
People should be smarter by now, it is easy to spot projects done in few hours as compared to those that really put their effort to launch their project.
If they are not careful, a lot will regret buying those DeFis in Uniswap maybe couple of months from now.


Title: Re: Defi project like game pump and dump
Post by: batang_bitcoin on October 25, 2020, 11:49:36 PM
You hit it. Most of them are like that. The old ones have already established a good market cap and standing in the market and the newer ones have a lesser chance to remain in the market. What do you say? Do you still want to enter with those projects? I say that you should not.
It came from you that you are going to lose a lot if you will continue to invest in those projects. But if you're a fan of those projects and you're fine risking your money, that's your option.


Title: Re: Defi project like game pump and dump
Post by: xiboothrezi on October 25, 2020, 11:56:54 PM
~~

And unfortunately, most of these DeFis are crap with a lot of them have existing allegations of plagiarism or using fake team. Based from what I've seen here, only few DeFis have real foundation to begin with. A lot are just copy-cats and trying to list their token to uniswap for potential earnings of their pockets.  People should be smarter by now, it is easy to spot projects done in few hours as compared to those that really put their effort to launch their project.~~
The scammers just took advantage of the market hysteria. Create a token with a similar name, and always associate it with previous successful DeFi projects. Only the rushed people who get caught up with this kind of scam scheme, want instant profits and so ignore analysis. Maybe some of them can benefit from a pump and dump system. It will be dangerous if we lose timing, and it will only end up in the trash. Always be careful and understand what we are going to invest in, not just FOMO and going along with it.


Title: Re: Defi project like game pump and dump
Post by: Coroline on October 26, 2020, 01:17:15 AM
What your statement means: DeFi is hype. And when there is hype, the only investors who can benefit are those who understand in detail about the hype, because projects like this will trending quickly and destroying too quickly.
Selection of the right point of entry and exit is the main key


Title: Re: Defi project like game pump and dump
Post by: coinsycrip09 on October 26, 2020, 03:54:08 AM
as many people say, I also see project defi is almost similar to an ICO. so the risk of defi is likely to be the same as for the ICO project a few years ago.

so my advice, if you want to invest in defi we have to start with capital that we do not use for our purposes. determine profit targets and try not to be too greedy in determining profit targets.


Title: Re: Defi project like game pump and dump
Post by: Buttermellow on October 26, 2020, 04:03:29 AM
as many people say, I also see project defi is almost similar to an ICO. so the risk of defi is likely to be the same as for the ICO project a few years ago.

so my advice, if you want to invest in defi we have to start with capital that we do not use for our purposes. determine profit targets and try not to be too greedy in determining profit targets.
Defi is just an upgrade to ICO and it has proven through the successful defi projects that are now running. However, scammers are destroying the image of defi projects like never stop making a way to scam bringing defi projects but the only intention is to get the crowd funds and then run away. This kind of activity has not been contain or not moderated even the forum will allow in this to happen. And who are we to decide to make a change? Th decision is always the admin and it can happen if admin wanted to contain these scammers.


Title: Re: Defi project like game pump and dump
Post by: plvbob0070 on October 26, 2020, 10:31:20 AM
This thing is usually happening in different Defi projects and I know some of us are already familiar with this kind of scenario that's why we should be careful about picking a Defi project because by just a blink of seconds our funds will possibly gone. I agree with the other members who reply here which the hype of the Defi project is one of the things that brought a pump and dump scenario. However, today we will not only notice this kind of scenario because some of them also turn out of being scam projects like after receiving funds from the investors they will run and will delete all their contacts. The hype of Defi will not only bring us more money cause it will also bring big problems so, be careful about investing, and don't forget to do prior research.


Title: Re: Defi project like game pump and dump
Post by: qomariah95 on October 26, 2020, 12:40:33 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

I agree with that, too many DeFi projects. What made the DeFi market crash, even in general was for short-term investments. And even after listing there are those whose prices are lower than Presale or public sale. So right now, it is too risky to invest in a DeFi project.


Title: Re: Defi project like game pump and dump
Post by: aradii on October 26, 2020, 01:19:44 PM
Hi guys do you have any information about sharkdefi, yesterday I invested 20000 TRX on that, but when I read your comment in here, somehow I'm nervous should I unstake my TRX?! What are your ideas?


Title: Re: Defi project like game pump and dump
Post by: alisonwonder on October 26, 2020, 02:03:52 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

I agree with that, too many DeFi projects. What made the DeFi market crash, even in general was for short-term investments. And even after listing there are those whose prices are lower than Presale or public sale. So right now, it is too risky to invest in a DeFi project.
I think that not only DeFi has such a risk, but many other projects that will definitely experience it because cryptocurrency price movements depend on usage, meaning that more people use the platform and it can be used as a solution, it will make them survive and still have a high value at the exchange.


Title: Re: Defi project like game pump and dump
Post by: nomenclatur on October 26, 2020, 02:25:25 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
yes if you are not careful then you will lose the money you choose a project Defi really have a good future and can make prices better Defi very popular today and has a different quality level of many platforms that offer profit enough good lending is now a choice of investors.


Title: Re: Defi project like game pump and dump
Post by: GreenStox on October 26, 2020, 03:14:38 PM
if most defi projects are like that, then we have to go with the flow.
it is proven that more produce and then disappear in the near future.
So get ready to pump the next project and get out as soon as possible after making a profit.


Title: Re: Defi project like game pump and dump
Post by: NewRanger on October 26, 2020, 04:09:27 PM
Hi guys do you have any information about sharkdefi, yesterday I invested 20000 TRX on that, but when I read your comment in here, somehow I'm nervous should I unstake my TRX?! What are your ideas?
if worry about your investment , find an update from developers in telegram group or their social media channel. unstake is best way to safe your money , doing prevention was better because as we know many scam project know. and lest we become this victim too, dont forget always do research when we decided something important.


Title: Re: Defi project like game pump and dump
Post by: gabbie2010 on October 26, 2020, 04:29:59 PM
Personally I took DeFi projects as gambling because most their projects is pump and dump as an investor you wouldn't know the profitable ones in the long run, those who invested in it know  their ways  and are very careful selective in any DeFI projects that they are investing in having done a thorough research and knowing the outcome might be profit or loss.


Title: Re: Defi project like game pump and dump
Post by: uray on October 26, 2020, 04:36:37 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Anything that gives a huge profit in a short period of time it will go down and you need to understand the risk and as everyone above me as mentioned we saw the same situation when the ICO was booming and anyone who invested in the beginning made a huge profit and anyone who held the tokens for a longer period lost big time.


Title: Re: Defi project like game pump and dump
Post by: Wingo on October 26, 2020, 07:34:31 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

Most defi projects are not sustainable, making it good only for short term. And some with low volume are just a pump and dump scheme. There is no basis for timing as to when you'll enter or give up a position. It's not good for trading. More like a matter of luck, a gambling market.


Title: Re: Defi project like game pump and dump
Post by: Twentyonepaylots on October 26, 2020, 07:45:11 PM
There are only a few defi projects that is sustainable in the long run, and I'm sure it is not the one that has a food name on it LOL I do have supporting defi projects which I want to just sell out once it is out in the market, most probably in  Uniswap, once it is listed there I'll sell it all out and won't wait any time to pump I just need to make x2  ;D Investors are really funny these days, they are investing on a thing they didn't know and would ask why they lost.


Title: Re: Defi project like game pump and dump
Post by: Twinkledoe on October 26, 2020, 07:47:59 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

Most defi projects are not sustainable, making it good only for short term. And some with low volume are just a pump and dump scheme. There is no basis for timing as to when you'll enter or give up a position. It's not good for trading. More like a matter of luck, a gambling market.

I have seen a lot of defi projects here that are crap to the core, even imitating someone else's website. But the bad thing is, where they copied from is also a crap defi project, no active use case as well. So basically, they want pump and dump in the exchange, as they can easily list it to uniswap without no worries of strict requirements. In time, there will be a lot of abandoned defi projects in uniswap. Are they going to purge it when the time comes? Clean the list of the projects listed in their exchange.


Title: Re: Defi project like game pump and dump
Post by: Valzador on October 26, 2020, 07:48:33 PM
Why are you questioning the law of supply and demand? The concept is the same as the pump and dump. It cannot be separated because that is the principle of buying and selling. Good coins must also have a pump and dump, that is normal. What is the problem?


Title: Re: Defi project like game pump and dump
Post by: adzino on October 27, 2020, 07:29:32 AM
If not all, most of them are just pump and dump scheme. Look at how many projects popped up based on DeFi. Even dead projects revived themselves by just adding the term "DeFi". People are falling for the hype and investing without even giving a second thought. Give it few more months and watch all those projects die just like ICOs. People joined the ICO hype train. Those who left early, made all the profit, while others lost everything. I have a strong feeling, the DeFi hype is going to end in the same way.
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
That is correct. Most of the project will fail! Take your profit and exit as soon as possible.


Title: Re: Defi project like game pump and dump
Post by: bitjamz on October 27, 2020, 07:31:43 AM
check hex.com one of the best defi projects out there dont forget bigpayday is coming soon


Title: Re: Defi project like game pump and dump
Post by: VolkoB on October 27, 2020, 07:51:33 AM
Like all other ICO projects, Defi needs to be carefully selected, because very low threshold for entering to the cryptomarket. A hype for the scam is being created.

check hex.com one of the best defi projects out there dont forget bigpayday is coming soon
Tell me what will happen with HEX after this day, their plans? How is this project useful?


Title: Re: Defi project like game pump and dump
Post by: vermigerous on October 27, 2020, 07:58:07 AM
I think DeFi project's pumps because of hype and many would invest in it, but also slips down it's price right away. It is still risky to join DeFi projects for a long term investment even with the presence of hype. And i think too much risky to involve now since there are some DeFi projects gets hacked.


Title: Re: Defi project like game pump and dump
Post by: TastyChillySauce00 on October 27, 2020, 08:27:55 AM
I think DeFi project's pumps because of hype and many would invest in it, but also slips down it's price right away. It is still risky to join DeFi projects for a long term investment even with the presence of hype. And i think too much risky to involve now since there are some DeFi projects gets hacked.
DEFI will never be suitable to be used as a long term investment. DEFI is much riskier compared with the IEO or ICO. Most of defi has created by the anonymous developers and the code that have already used by these projects have not yet audited. BTW there are also so many hacked cases related to the defi projects.
A defi without a proper product should be avoided by anyone.
I think that it's clear if defi is a very speculative project at this moment. These defi projects were only copying from one to each other.


Title: Re: Defi project like game pump and dump
Post by: poodle63 on October 27, 2020, 08:35:49 AM
It's just the hype man, doesn't matter defi or not if the hype is there it's gonna be a bubble that could pops off anytime. Stocks too are usually like that when a company or startup overvalued because of the hype. there are many cases like this if you want to search up. what we can do is just finding the opportunity instead of becoming canon fodder. If you don't want it to be a pump and dump game wait until the hype over.


Title: Re: Defi project like game pump and dump
Post by: Buttermellow on October 27, 2020, 08:43:50 AM
It's just the hype man, doesn't matter defi or not if the hype is there it's gonna be a bubble that could pops off anytime. Stocks too are usually like that when a company or startup overvalued because of the hype. there are many cases like this if you want to search up. what we can do is just finding the opportunity instead of becoming canon fodder. If you don't want it to be a pump and dump game wait until the hype over.
Yes, bounty hunters are good at making defi hype or defi or not project. It is just that it needs a good advertisement to different social media platform including the bitcointalk.org site and you can see a good market for the project especially in crowd funding activity.

However there are really good projects deifi or not. Just take example of ethereum and those establish crypto they are an example of a good project.


Title: Re: Defi project like game pump and dump
Post by: tvplus006 on October 27, 2020, 01:55:14 PM
Hype is hype, it will only last for a few years. DeFi is like an ICO in 2017-2018. I agree, we have to be in the right moment, we have to be careful in choosing every hype project to get big profit.

The purpose of creating most DeFi tokens is to pump and dump. When the hype around the DeFi sector falls, they will be replaced by something new. And this is something new, just like ICO, IEO and DeFi will give us a new chance to get a profit.


Title: Re: Defi project like game pump and dump
Post by: istiak2277 on October 27, 2020, 02:16:10 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

Some projects show good improvement but most of the DeFi Project is at a negative price. Actually, whale dumps the price most of the time after he makes a good profit. Most of the time we saw a clear market manipulation. Even a good project like CRV and DIA also dump unexpectedly though they have a low token supply. It would be very risky to invest in a new DeFi project.


Title: Re: Defi project like game pump and dump
Post by: abel1337 on October 27, 2020, 02:23:33 PM
Hype is hype, it will only last for a few years. DeFi is like an ICO in 2017-2018. I agree, we have to be in the right moment, we have to be careful in choosing every hype project to get big profit.

The purpose of creating most DeFi tokens is to pump and dump. When the hype around the DeFi sector falls, they will be replaced by something new. And this is something new, just like ICO, IEO and DeFi will give us a new chance to get a profit.
This is how people in crypto takes advantage of new things, Imagine having DeFi projects that have no real value but has the hype to make people crazy to the point that it exceed the value of the true value of the coin. As long as traders and investors can earn profit whatever the platform it is, they will put some money in it. I'm pretty sure that after this hype is gone, A new way of cliche will be born and will attract investors and will make a new trend into the market. The pump and dump thing isn't a new thing in crypto market, It is done way back before.


Title: Re: Defi project like game pump and dump
Post by: bobyhodob on October 27, 2020, 02:32:42 PM
Hype is hype, it will only last for a few years. DeFi is like an ICO in 2017-2018. I agree, we have to be in the right moment, we have to be careful in choosing every hype project to get big profit.

The purpose of creating most DeFi tokens is to pump and dump. When the hype around the DeFi sector falls, they will be replaced by something new. And this is something new, just like ICO, IEO and DeFi will give us a new chance to get a profit.
well if that happens then it is a very good moment for all of us to take advantage of the price movements of the DeFi project to be able to get a lot of profit and as much as possible not to fight the price movements that have been set by the whales, go with the flow and you will be easy to get profit.


Title: Re: Defi project like game pump and dump
Post by: Hypnosis00 on October 27, 2020, 02:41:34 PM
It's just the hype man, doesn't matter defi or not if the hype is there it's gonna be a bubble that could pops off anytime. Stocks too are usually like that when a company or startup overvalued because of the hype. there are many cases like this if you want to search up. what we can do is just finding the opportunity instead of becoming canon fodder. If you don't want it to be a pump and dump game wait until the hype over.
Could be right. Most new investors start to invest when the market is already in hypes which I don't think that it was a good idea. Why not comes into crypto when the prices are still low? Could be unfortunate that these people never realize that dumps will follow next after the hypes burst. These Defi projects have no difference from ICO projects, all of them just get into hypes but it gone shortly while leaving many investors crying in vain, lost their money from investing them.


Title: Re: Defi project like game pump and dump
Post by: XCANA on October 27, 2020, 03:01:06 PM
The current defi projects aren't good for anyone because of their unstable condition around the industry, most of my investment with these defis aren't yielding me anything. The last investment i made with these projects end in shackles and i regretted doing investment with them. Though, some are games which are base on luck but i don't always get this luck.


Title: Re: Defi project like game pump and dump
Post by: proTECH77 on October 27, 2020, 03:13:55 PM
Any time I saw some investors complain about Defi project which so much population in the areas of investment that cause them to make small income from the project make me to be more stronger with ICO project which is a long term pumping and hard to dump easily without any sign.
Defi project is good for those investors who needs daily profit to sustain their businesses and other things. It can pump today and dump tomorrow,that is why many people don't hold their coins long in the market because it can dump at anytime.
The way many people are talking about Defi project is like I will try the project this season if it will favour me.


Title: Re: Defi project like game pump and dump
Post by: escalante28 on October 27, 2020, 03:16:05 PM
Agreed with you, DEFI projects are just like a game of pump and dummmmmmmmmmmmmmpppppppp.... Well, for me it is a hype scheme of the project like luring the investors, and what worst is when the token dumped no one can stop it (Lol). So if you're going to invest in DEFI project make sure that you can exit before it will be falling so hard. Profit is profit just take it rather than losing all your funds.


Title: Re: Defi project like game pump and dump
Post by: Alexmagn84 on October 27, 2020, 04:02:41 PM
Defi is only a move up to ICO and it has demonstrated through the fruitful activities that are currently running. Notwithstanding, tricksters are pulverizing the picture of these ventures like make constantly an approach to trick bringing defi extends yet the main expectation is to move the crowdfunds and afterward flee. This sort of movement has not been contained or not directed even the discussion will permit this to occur. Also, why should we choose to roll out an improvement? The choice is consistently the administrator and it can occur if the administrator needed to contain these tricksters.


Title: Re: Defi project like game pump and dump
Post by: Benefactor on October 27, 2020, 05:22:20 PM
A large portion of these tasks we put trust into where the ones that get us abandoned, don't put resources into defi anticipates until further notice becasue they're for siphons and dumps mission. The cost of YFI has been getting siphoned so hard and afterward it was getting unloaded again to the base which has demonstrated if the defi pattern was the defi bubble.


Title: Re: Defi project like game pump and dump
Post by: bussybuddy on October 27, 2020, 11:15:42 PM
This time back I also saw a bunch of scam projects. Unlike 2017's ICO, it attracted investors quickly and disappeared very quickly. I also paid more attention but pump and dump times from this market, but honestly, greed still can't save me from PUMP & DUMP.


Title: Re: Defi project like game pump and dump
Post by: Liquidary on October 28, 2020, 12:07:08 AM
Maybe you wanna check out some real-world DeFi use cases besides all the speculation - we put together a summary here (https://liquidary.com/defi-adoption-and-real-world-use-cases/)


Title: Re: Defi project like game pump and dump
Post by: Onika84 on October 28, 2020, 01:59:32 AM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

lost 0.3 ETH in 2 hours, buy when prices are high and the project died. defi brings new euphoria on blockchain and investment, you are right, we should be careful when investing in defi projects.


Title: Re: Defi project like game pump and dump
Post by: ichi on October 28, 2020, 05:48:24 PM
Defi is just a climb to ICO and it has exhibited through the productive exercises that are at present running. Regardless, joke artists are pummeling the image of these endeavors like make continually a way to deal with stunt bringing defi broadens yet the fundamental desire is to move the crowdfunds and a short time later escape. Such a development has not been contained or not coordinated even the conversation will allow this to happen. Likewise, for what reason would it be a good idea for us to decide to reveal an improvement? The decision is reliably the head and it can happen if the manager expected to contain these comedians.


Title: Re: Defi project like game pump and dump
Post by: uray on October 28, 2020, 09:02:18 PM
lost 0.3 ETH in 2 hours, buy when prices are high and the project died. defi brings new euphoria on blockchain and investment, you are right, we should be careful when investing in defi projects.
It looks like a gambling rush, to loose 0.3 ETH and in terms of USD valuation it will be well around $115 and to loose in two hours and then the project died between that two hours  ??? .

 If this is true this should be craziest stories i have heard in the cryptocurrency space and i have seen and heard many crazy things in this market but for you to spent around $115 and within two hours the project died should be on the top ;D.


Title: Re: Defi project like game pump and dump
Post by: eaLiTy on October 28, 2020, 09:07:32 PM
If this is true this should be craziest stories i have heard in the cryptocurrency space and i have seen and heard many crazy things in this market but for you to spent around $115 and within two hours the project died should be on the top ;D.
If he is telling the truth then it should be a really crazy story. To invest in a DeFi project and for that he might have spend some time researching and then to invest well over hundred dollars and then to come to a realization that the project died two hours from the time he invested shows how crazy the DeFi hype is all about.

I am personally not investing in these markets but from what i have seen it looks like the typical pump and dump scenes and it looks familiar like the old ICO hype but this looks much more crazy  :D.


Title: Re: Defi project like game pump and dump
Post by: flyeers309 on October 28, 2020, 09:08:59 PM
The current DeFi hype is no longer as high as yesterday and it is true that is just like a pump and dump game.  Those who are late entering will receive a lot of losses.  To be honest I also invested in DeFi but it's not a new project but unfortunately the price is falling.  I don't know what's going on but I think the DeFi hype is coming to end. The good one will stand out and shit token will disappear. Be carefull


Title: Re: Defi project like game pump and dump
Post by: Clement Kaliyar on October 28, 2020, 10:54:07 PM
The current DeFi hype is no longer as high as yesterday and it is true that is just like a pump and dump game.  Those who are late entering will receive a lot of losses.  To be honest I also invested in DeFi but it's not a new project but unfortunately the price is falling.  I don't know what's going on but I think the DeFi hype is coming to end. The good one will stand out and shit token will disappear. Be carefull
I was late in to the DeFi hype and hence i did not invest anything in it yet. I knew that the shit storm will burn millions of dollars away from the market and the hype has certainly moved the market in the forward direction even though we heard some scam accusations in the market. I am experimenting with a project right now and will see how it goes.


Title: Re: Defi project like game pump and dump
Post by: BDBitcoinExpart on October 29, 2020, 02:24:11 AM
I agree with you. Defi project like game. But now Defi token dwon trend. Defi concept is very very good concept.  At present many scam projects are trying to convert defi into bad project. Seeing such a plan, many big investors have invested here, so the price has gone up so much.  Currently the price down trend is going on as investors are moving away from here.


Title: Re: Defi project like game pump and dump
Post by: rat03gopoh on October 29, 2020, 02:46:40 AM
defi only solve financial problems, maybe some initial defi projects say 10 projects have unique features that differentiate from each other. And the rest tend to have the same features.

I even suspect some defi projects were created by one developer by looking at their site appearance, whitepaper content, and smart contract.


Title: Re: Defi project like game pump and dump
Post by: Atang Sulaeman on October 29, 2020, 03:39:20 AM
of all that has been followed, from year to year, starting from 2017 to 2020, whatever projects have been carried out, we must be able to see when there is an opportunity to buy and when there is to sell, because the profits and losses are the same. only we can take advantage of it at the time of increase and get a profit, and for those who have large funds, pump and dump games,


Title: Re: Defi project like game pump and dump
Post by: Salauddin1994 on October 29, 2020, 03:42:15 AM
Yes these defi projects try to get up quickly in the market in which case they fall prey to scams and keep going down their demand for investment is much lower defi Pump is a game of dump but at first it was in a very good position in the market and many have made a profit by investing. But gradually the situation of these projects is getting much worse The prices of currencies are going down.


Title: Re: Defi project like game pump and dump
Post by: blue Snow on October 29, 2020, 04:08:28 AM
lost 0.3 ETH in 2 hours, buy when prices are high and the project died. defi brings new euphoria on blockchain and investment, you are right, we should be careful when investing in defi projects.
Sorry for your lost. but how do you know the project died in 2 hours?.

of all that has been followed, from year to year, starting from 2017 to 2020, whatever projects have been carried out, we must be able to see when there is an opportunity to buy and when there is to sell, because the profits and losses are the same. only we can take advantage of it at the time of increase and get a profit, and for those who have large funds, pump and dump games,

The player never know when the best time to entering the games. And if i dont' have mistake 3/4 player had bad hand and time to entering games when the price almost high.


Title: Re: Defi project like game pump and dump
Post by: riso2015 on October 29, 2020, 05:17:49 AM
I agree with you, most defi projects start out fantastically to make a lot of money, but slowly the price is getting wasted. so if you want to keep up with the hype we have to know when to come out and look for a new defi project again to get maximum results.
At this time it is better not to join defi project again because the defi hype is over, If you enter then you will get a loss, personally I joined several defi projects and I lost a lot of my money. They only want to get investors' money in the presale period, after listing on the market, their token price is dumped. This is what currently happening in defi project.


Title: Re: Defi project like game pump and dump
Post by: abel1337 on October 29, 2020, 05:22:34 AM
lost 0.3 ETH in 2 hours, buy when prices are high and the project died. defi brings new euphoria on blockchain and investment, you are right, we should be careful when investing in defi projects.
Sorry for your lost. but how do you know the project died in 2 hours?.

Well we should assume that he got the rock bottom price of his project which he assumes that it is dead. 2 hours is very fast actually I never experienced it from the time of buying to the transition of being a dead project. May we know the DeFi project name of it?
of all that has been followed, from year to year, starting from 2017 to 2020, whatever projects have been carried out, we must be able to see when there is an opportunity to buy and when there is to sell, because the profits and losses are the same. only we can take advantage of it at the time of increase and get a profit, and for those who have large funds, pump and dump games,

The player never know when the best time to entering the games. And if i dont' have mistake 3/4 player had bad hand and time to entering games when the price almost high.
I'm pretty sure that some of these traders do experience FOMO and were bring thereby the hype that causes them in a panic which can lead to insufficient analysis and planning. I've seen many stories like these even way back before.


Title: Re: Defi project like game pump and dump
Post by: Savemore on October 29, 2020, 06:02:30 AM
There are a lot of people who are becoming interested to Defi projects nowadays because it is considered as free money where there is a hype that can result to the monstrous momentum of a certain coin. I do not get attracted to Defi projects even though there are people who gain huge amount of money out there. The reason why I do not make investment or put money in defi is because I have a system that I should keep follow in order to handle the risks. I would agree that defi can give ne huge gains but there is still downside and it is the risks. There are a lot of defi that are dumping and it is something that we cannot handle. 


Title: Re: Defi project like game pump and dump
Post by: jessyj48 on October 29, 2020, 06:57:10 AM
Judge DeFi projects the same way you will judge bitcoin and top 10 altcoins against coins under top 100, there is a big difference isn't it? What I'm trying to say is not all DeFi projects are bad, few of them are so good that they will surely be around along side many top coins on coinmarketcap, DYOR


Title: Re: Defi project like game pump and dump
Post by: CryptoTrip on October 29, 2020, 08:01:19 AM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
There are a lot of defi projects appearing every day. Indeed, 97% of them are pump and dump. Therefore, either you are among the first and earned, or earned on you. Also you need to be aware that you can lose your funds. I dont look such projects that appear in one day and disappear, but for those where you can watch the development before release, the development of such projects has been going on more than one month


Title: Re: Defi project like game pump and dump
Post by: tees420mar on October 29, 2020, 08:02:10 AM
No doubt, i am agree with you. DeFi projects are very risky for investment its only working on hype in market but reality is that it has no potential to stand long term. Be carefull while investing in DeFi projects.


Title: Re: Defi project like game pump and dump
Post by: xSkylarx on October 29, 2020, 08:09:15 AM
First there was ICO then IEO, then now we have this DeFi thing where rich can get more rich and the poor lose more money. I already heard about this stuff few months ago and some of my friends already earn from it. But for me I would never invest on these projects. Those ridiculous pumps then if you're too late to buy, the coin you bought loses its value instantly.


Title: Re: Defi project like game pump and dump
Post by: disconnectme on October 29, 2020, 06:35:39 PM
The current DEFI hype is ICO 2.0, it is even doing better. People need to have this at the back of their mind that all these is a game and we are here to make money and not because of the technology, if you choose the tech then good luck bag holding, take your profit and move to the next big thing.


Title: Re: Defi project like game pump and dump
Post by: VolkoB on October 29, 2020, 07:35:13 PM
Defi projects are very profitable so far. What will happen next?
I think that nothing bad will happen, there scam defi projects will be less, and the idea of defi will successfully develop further.


Title: Re: Defi project like game pump and dump
Post by: Princejebs on October 29, 2020, 10:08:22 PM
The earlier you start avoiding DeFi projects, the better for you, your portfolio and your funds. Believe, it doesn't worth it. I was staring at yearn.finance performance, I was ashamed of the chart. There was a time Bitcoin peak 20k and market sell of to 3.5k, I don't expect that to happened to DeFi since market is already built on solid background. Perhaps the hype was real.
Buy a coin that will recover no matter the external and internal factors, don't buy hype project, they come and go only once.


Title: Re: Defi project like game pump and dump
Post by: pelumi20 on October 29, 2020, 10:26:24 PM
Why picked a project with so much publicity? this shouldn't be becasue of the high danger include. Barely any months back, there were quite a lot of defi projects that where flying into the crypto-space however right now they seize to exist. A large portion of these projects we put trust into were the ones that get us stranded, don't invest in #defi projects for the time being becasue they're for pumps and dumps mission like the times of the ICOs. Or maybe make your little investment on Bitcoin with an assurance return on a long haul


Title: Re: Defi project like game pump and dump
Post by: odukoyaewatomi27 on October 29, 2020, 10:52:22 PM
Defi investment is hazardous, exceptionally unsafe. In the event that you need to invest in Defi, restrict it to a sum which you can truly bear to lose. Also, don't be so insatiable with Defi investments. It could wind up like the ICO back in those years when they are all the rage. At the present time, the pattern is Defi however the analyst are giving warnings about its blemishes and it has a ton.

Try not to consider enormous benefit. Simply consider benefit. Put some objective and stick to it. Pull out after benefit is made. Defi is still exceptionally youthful and consequently loaded with vulnerabilities. Yet, all things considered, there are as of now endless scams riding the Defi pattern.


Title: Re: Defi project like game pump and dump
Post by: jcarlo on October 29, 2020, 11:03:50 PM
Defi investment is hazardous, exceptionally unsafe. In the event that you need to invest in Defi, restrict it to a sum which you can truly bear to lose. Also, don't be so insatiable with Defi investments. It could wind up like the ICO back in those years when they are all the rage. At the present time, the pattern is Defi however the analyst are giving warnings about its blemishes and it has a ton.

Try not to consider enormous benefit. Simply consider benefit. Put some objective and stick to it. Pull out after benefit is made. Defi is still exceptionally youthful and consequently loaded with vulnerabilities. Yet, all things considered, there are as of now endless scams riding the Defi pattern.

I agree that DeFi is still vulnerable because it can be said to be a temporary trend. DeFi as a project might be good in the cryptocurrency market because it will enrich the product in the market but we have to be careful because of the hype. Getting out when you get the benefits according to our target is the best way


Title: Re: Defi project like game pump and dump
Post by: lunnatic on October 29, 2020, 11:04:16 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
pump and dump are not only in the Defi project, they are commonplace in cryptocurrencies,
look! Bitcoin price is the same as it is, Pump and Dump happen. but if you don't want to have a high risk of volatility,
you can avoid the new Defi project, because we now know Fomo about medium-high defi projects, making more scammers.


Title: Re: Defi project like game pump and dump
Post by: kawetsriyanto on October 29, 2020, 11:11:31 PM
Yep most of the DeFi projects were pumps and dumps.
Actually, pumps and dumps aren't only happening on Defi tokens but it is like a new nature on most crypto coins lately. I am not surprised if pumps and dumps happened in Defi tokens. But something special in Defi tokens, the change of pump and dump is likely faster. Also, the price gaps seem more significant than non-Defi tokens.

Lucky those people who invested early in DeFi projects where the price were cheap and those lates were unlucky unexpectedly dumped happens.
Lucky for those who can take profits and then quit from DeFi projects.
Then, they buy Bitcoin for the preparation of the next bullish o Bitcoin. I believe that smart investors must realize it and know well how to take profits from the hype of DeFi projects.

I bet most of DeFi tokens in the market are scams so be careful guys.
Do you have data? Or done some research to prove it?
If you only speculate it, I think it is better to not conclude it too early.


Title: Re: Defi project like game pump and dump
Post by: Adhar on October 29, 2020, 11:41:28 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
you may be right & i think this is the time of defi. but important is how to chose defi project. because lots of defi are good & but at the same time many fake defi are coming .so real defi project will be boom like Link becouse this is the hype of defi.


Title: Re: Defi project like game pump and dump
Post by: Kunnu on October 30, 2020, 09:29:53 AM
Absolutely yes mostly defi projects are like pump and dump game this is what I have observed so far with most of the defi projects and despite knowing it mostly people still investing in defi projects because of the temptation of huge profit In fact many people made decent amount of profit because they didn't miss the right moment but there are also many people who invested in defi projects and faced huge loss it's because they entered on wrong time so on this basis we may see defi projects are a kind of pump and dump game.


Title: Re: Defi project like game pump and dump
Post by: Doranile432 on October 30, 2020, 11:59:03 AM
Not all DeFi projects are scam but majority of them are pump and dump, if care is not taken you can easily get caught in the web, many DeFi offers farming and other earning ways but that shouldn't be all, make sure the DeFi project you go for have more usability available


Title: Re: Defi project like game pump and dump
Post by: Debonaire217 on October 30, 2020, 03:30:09 PM
For me, DeFi projects are mostly the same projects way back before, it just received a label because of the emphasis to new projects such as those who allow lending and borrowing of cryptocurrency for users. Before, exchanges are already available, and that is already decentralized finance if the exchange is decentralized.

The problem today is that most people took advantage of the DeFi hype for greater profits, then they accused it of scam when the price falls down drastically. I can say, they are projects which are good, but the community determines whether the project should continue or not depending on how they value the tokens from the project.


Title: Re: Defi project like game pump and dump
Post by: Expecto on October 30, 2020, 04:27:15 PM
The price of DeFi projects are too volatile. It seems that they are more volatile than other cryptocurrencies recently. For example, yearn.finance reached 41k dollars in a very short time but its price is 11k now. Besides, we've also seen there were many fake DeFi projects too.


Title: Re: Defi project like game pump and dump
Post by: cepot9 on October 30, 2020, 04:30:04 PM
Quite annoyed with projects like that, because they easily get large funds that should be able to develop the project to the fullest but most of the project teams are blind with money so there is always a scam after they feel rich enough with investors money.


Title: Re: Defi project like game pump and dump
Post by: flagpara on October 30, 2020, 04:45:14 PM
Nothing can't be Sustainable for a long time, even bull market or bear market. The same situation is also for IEO or any types of DeFi projects. The whole cryptocurrency is like a game but experience always helps you there. Until the next bullrun we should take profits from all hype projects.


Title: Re: Defi project like game pump and dump
Post by: davinchi on October 31, 2020, 06:10:08 PM
Defi didn't came out the way it suppose to, it should have gone up with the idea that "we are building the future of finance world" but instead the motto became "get in today, get out in 3 days and you may make 20% profit!" and looked like a scam for most of them.

On top of that when few became very good, others saw this and scammers started to make "defi projects" that wasn't anything but a website and few lines of codes changed from another one and took millions of dollars from people under disguise of defi buzzword. Hence, I do believe in the future of defi coins and projects but I do not believe on it right now, I am eventually going to pick one that I like the most and I am going to end up investing a whole lotta money into it for a long long long (min 5 years) investment, but not while it is so much hyped.


Title: Re: Defi project like game pump and dump
Post by: Traderbtcc on October 31, 2020, 10:10:05 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
This current DeFi hype is just like the ICO hype back then in 2017-2018,its a bubble so it won't last for long, and majority of the  DeFi projects are scam, for the past 2months they have been alot of scam, even if some are real projects, they are just pump and dump nothing else, example of a pump and dump is Hot dog :D, and like you said  it's only good for a short term investment, immediately it pumps you sell and walk away, and don't look back


Title: Re: Defi project like game pump and dump
Post by: ololajulo on October 31, 2020, 10:16:39 PM
I just want to believe it is just market correction but the hacks and scam is so alarming, however I still see more Defi project still getting on the space and get a good crowdfunding. maybe decentralized exchanges may not the important factor for Defi, I also think centralized exchanges can improve the service to favour Defi in the market. Security, teams trust and better management of pool will help the Defi


Title: Re: Defi project like game pump and dump
Post by: Lrshohag on November 01, 2020, 02:22:59 AM
You are right.
Defi pumping and dumping rate is very high. It makes a man rich quickly also make a man begger. The main component is how cleverly you invest.
If you are wrong defi make you a begger.


Title: Re: Defi project like game pump and dump
Post by: erikoy on November 01, 2020, 02:50:49 AM
Coin creators are only doing initiative to gather crowd's fund. This is why if you want your money to be secured in investing altcoins it may be a  better idea to invest only in bitcoin or if not try to invest in altcoins that are establish already. We know that we can get much on altcoins especially if it gets pumps up. But if you weren't lukcy most of the project will be abandon and the team managing it are good in making excuses until such time you will going to realize that the project was scam.


Title: Re: Defi project like game pump and dump
Post by: kaneki007 on November 01, 2020, 05:59:26 AM
Almost every day a defi project appears with the same concept and only gets hype for a while, just look at the tokens/coins that has soared in price and currently the price is down like a core or yfi. Playing short terms is better but you have to be careful because many projects only take advantage of the momentum to rugpull.


Title: Re: Defi project like game pump and dump
Post by: ichi on November 02, 2020, 12:39:40 PM
There are various exchanges that you can use to sell ERC20 tokens, I will give a couple of advisers for you and they are okay for you to use, including Forkdelta, Idex, Probit and it can in like manner be on Uniswap which is correct presently moving, just on Uniswap I see there also Defi tokens recorded there, so the primary exchange you can focus in on and particularly like Etherdelta in the past is Forkdelta.


Title: Re: Defi project like game pump and dump
Post by: ichi on November 11, 2020, 11:40:01 AM
There are various exchanges that you can use to sell ERC20 tokens, I will give a couple of advisers for you and they are okay for you to use, including Forkdelta, Idex, Probit and it can similarly be on Uniswap which is correct now moving, just on Uniswap I see there furthermore Defi tokens recorded there, so the primary exchange you can focus in on and particularly like Etherdelta in the past is Forkdelta.


Title: Re: Defi project like game pump and dump
Post by: Rebisco on November 11, 2020, 11:45:35 AM
I treat defi as a gambling because earning in defi is also about probabilities, the volatility is so high where it can go up 100% in just hours and it can dump into -60%+ in just minutes especially if there are certain whales who manipulates the market. If a certain defi just got recently listed in an exchange, expect that the volatility will be so high so for me the risks are high and it is preferable to just put the money that we can afford to lose. We can easily lose our money especially if we buy defi where it suddenly go dump. So for me allocation is also a matter if we will going to make investment in defi. 


Title: Re: Defi project like game pump and dump
Post by: Questat on November 11, 2020, 12:24:56 PM
I agree, defi is like a casino game, someone is lucky and someone is not, those who came first in the project win, and those who came before the price fell lose.

We should be aware with that, it does normally happen when it was popular due to the word "HYPE".

The risk is high, but the reward is also high if you succeed, so just play the game if you want.
IMO, investing in a more established project is still more advisable, but it's really up to investors if they want to take this high risk investments.

Every platform has its hype, it's just that it's time for DeFi hypes now.


Title: Re: Defi project like game pump and dump
Post by: oprahwindfury on November 11, 2020, 04:23:20 PM
Defi projects are the trending projects of crypto nowadays. And I got good results in some projects but if you think  this is risky but you like the project concept then investing amount should be limited. So it will be okay for both.


Title: Re: Defi project like game pump and dump
Post by: Golftech on November 11, 2020, 04:29:08 PM
I agree, defi is like a casino game, someone is lucky and someone is not, those who came first in the project win, and those who came before the price fell lose.
Yes, indirectly DeFi is indeed almost similar to a casino game where the winnings can only be felt by a few people and even then for the first person to enter there, while the next one always loses due to the continuous disposal of tokens in the market.
The very reason why in each participation to any investment that you are going to take, research and continue studying are very important, you are not free to any possibilities of losing your money as risk always present, your own knowledge will lessen that so better not to stop finding the right information before taking your decisions, there are still good project but it takes time no need to of rushing.


Title: Re: Defi project like game pump and dump
Post by: plr on November 11, 2020, 04:41:12 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

If that's their classification then we can compare them to Ponzi scheme, this is how Ponzi scheme works, you have to enter at the right time, if you failed to do so, you will end up losing it's an early bird thing, the early bird catches the early worms, but unfortunately on this kind of project, you never know when the scheme will end it could be the day after you invest or week.


Title: Re: Defi project like game pump and dump
Post by: vlast01 on November 11, 2020, 05:23:41 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Due to pandemic people are striving to survive and looking any way and possibilities to earn money through online.
Defi projects as of now really are a good way to earn money and also has a great risk if you miss the right moment. There are plenty of Defi application that are being build each day so better to used the most trusted snd avoid suspicious defi app so better to examine the Defi app thoroughly before risking your funds. 


Title: Re: Defi project like game pump and dump
Post by: Pithaxz on November 11, 2020, 05:28:41 PM
The DEFI project is more suitable for the short term, but if you are not careful in choosing the DEFI project then you will lose your money. DEFI currently has a different level of quality from many platforms that offer sufficient returns, good loans are now the choice of investors.


Title: Re: Defi project like game pump and dump
Post by: Questat on November 11, 2020, 10:31:32 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

If that's their classification then we can compare them to Ponzi scheme, this is how Ponzi scheme works, you have to enter at the right time, if you failed to do so, you will end up losing it's an early bird thing, the early bird catches the early worms, but unfortunately on this kind of project, you never know when the scheme will end it could be the day after you invest or week.

Ponzi are automatic scam while De-Fi projects are not, at least some of them are not scam, the pump and dump situation was only brought by the hype of the De-Fi projects, but it will be stable overtime IMO.


Title: Re: Defi project like game pump and dump
Post by: MCobian on November 11, 2020, 11:59:54 PM
I agree with DeFi projects such as pump and dump games, because of the hype that occurs, many traders take advantage of
it to generate profits. Therefore, DeFi projects are not good for long-term investment. But DeFi projects are great for short-term
trading, we must be able to analyze the movement of DeFi projects properly, so we don't buy DeFi at high prices.


Title: Re: Defi project like game pump and dump
Post by: kpierce77 on November 12, 2020, 01:49:38 AM
I agree with DeFi projects such as pump and dump games, because of the hype that occurs, many traders take advantage of
it to generate profits. Therefore, DeFi projects are not good for long-term investment. But DeFi projects are great for short-term
trading, we must be able to analyze the movement of DeFi projects properly, so we don't buy DeFi at high prices.
Hype, pump and dump as well as trends have become quite commonplace in the crypto market, especially in defi which recently has high hype. Crypto has indeed been a market that has high fluctuations from the start, so before investing, please do research and understand the risks first.


Title: Re: Defi project like game pump and dump
Post by: Twinkledoe on November 12, 2020, 02:00:45 AM
I agree with DeFi projects such as pump and dump games, because of the hype that occurs, many traders take advantage of
it to generate profits. Therefore, DeFi projects are not good for long-term investment. But DeFi projects are great for short-term
trading, we must be able to analyze the movement of DeFi projects properly, so we don't buy DeFi at high prices.
Hype, pump and dump as well as trends have become quite commonplace in the crypto market, especially in defi which recently has high hype. Crypto has indeed been a market that has high fluctuations from the start, so before investing, please do research and understand the risks first.

You will know basically if the defi project is just riding the hype if you check the content of their website. If it is like copycat of other defi projects, and stated that they are in beta, then don't expect that they will ever get out of beta. Because the truth is, most of them are just banking on price manipulation and will abandon the project once they got their funds pocketed..Also, if you will notice a lot of these defi projects have existing allegations and can be found on scam accusations board. Definitely, only few of them have real use case and will really implement their mission as defi platform.


Title: Re: Defi project like game pump and dump
Post by: Festac on November 12, 2020, 07:56:16 AM
Not all DeFi projects are pump and dump, you need to do research and find real use case that are worth investing money on, take a look at chainlink use case to compare with many new DeFi projects today, don't be fooled with fake use case that aren't real but built on empty promises only


Title: Re: Defi project like game pump and dump
Post by: Genemind on November 12, 2020, 08:43:39 AM
Any form of crowdfunding goes through it, especially during the hype. During the ICO days, a lot of projects bloomed and died in a snap, some investors were able to take advantage of it, same during the hype of IEO. Some people know how to play along with the hype. If you are willing to risk your capital you should keep an eye on the market if you will invest in hyped projects.


Title: Re: Defi project like game pump and dump
Post by: ReggieBush on November 12, 2020, 08:46:24 AM
From what I've read, I have no faith in it going anywhere. I'd stay far away


Title: Re: Defi project like game pump and dump
Post by: poodle63 on November 12, 2020, 08:51:40 AM
Not really in my opinion. it's indeed that a lot of projects just want to ride the DeFi hype and just creating some shit projects with no valid use, but i also saw some projects with good propects, for example chainlink and curve, so it depends on how serious the team want to run that project
Yeah but most of them are simply like a pump and dump game trying to take advantage of the hype boosting the price to astronomically high price it seems abnormal. Although some of them are indeed a serious project with serious prospect but many of these so called defi projects obviously driven by the pump and dump even worse cloning each other's project basically come up with the same thing with added gimmicks.


Title: Re: Defi project like game pump and dump
Post by: Kopetunto on November 12, 2020, 09:26:43 AM
like this if Fomo is still going on at Defi, Pump and dump will always happen,
if you are someone who can analyze, then you will win the trade,
but if not, then you will always lose.


Title: Re: Defi project like game pump and dump
Post by: Btc_1856 on November 12, 2020, 12:21:35 PM
I can't figure out why some people have labeled DeFi as a "outdated asset". There are a lot of interesting and original projects among decentralized finance projects that can be bought at the moment at very competitive prices.

Defi is still a trend which many companies are showing a lot of interest in order to implement their model into defi, it will help them to get some more funds further level of developments. Defi is not outdated, it is completely trending which a lot of investors are rotating their money into Defi model.


Title: Re: Defi project like game pump and dump
Post by: Wildwest on November 12, 2020, 12:29:22 PM
During the presence of DeFi many bounty hunters can get satisfactory results and this is very good for crypto development for the foreseeable future and we hope it does not happen like an ICO project that lasts only a moment and until now many ICO projects are scam and we all feel disappointed with the project, and for DeFi we hope to continue to survive until we can all get satisfactory results.


Title: Re: Defi project like game pump and dump
Post by: ilovealtcoins on November 12, 2020, 12:56:17 PM
The DEFI projects are too new and they don't have any standards to guarantee the overall stability of the products these projects create. People focus only on exaggeration and profitability. This happened and a big price surge happened and so did the price drop. Those who join DEFI early will be extremely profitable, and those who come later often buy at too high a price. This is bad, if DEFI projects have smart contracts for locking the liquidity with a fixed time, then they will not collapse so easily.


Title: Re: Defi project like game pump and dump
Post by: Xxmodded on November 12, 2020, 01:02:38 PM
Just my mind I think DeFi project like ponzi project where booming with short time and left many people loss much money after investing on DeFi project, with the first time publish to investor they give motivate and real business like borrowing and have real partner, look the same promise giving by leader and owner of ponzi project how to get many investors, but day by day we know which one real coin have to invest and DeFi is booming short time and left with many investor disappointed after investing on DeFi project. Later when you get new project again always start at the beginning like ponzi and never investing after run more than three or four weeks later after project popular.


Title: Re: Defi project like game pump and dump
Post by: JRoa on November 12, 2020, 01:07:51 PM
Just my mind I think DeFi project like ponzi project where booming with short time and left many people loss much money after investing on DeFi project, with the first time publish to investor they give motivate and real business like borrowing and have real partner, look the same promise giving by leader and owner of ponzi project how to get many investors, but day by day we know which one real coin have to invest and DeFi is booming short time and left with many investor disappointed after investing on DeFi project. Later when you get new project again always start at the beginning like ponzi and never investing after run more than three or four weeks later after project popular.
It is not a ponzi investment, it is just too volatile and it is the reason why it is risky. When you say ponzi, it only means that it is a pure scam where you cannot make a gain in defi. In trading defi, you can able to make profit as long as you have good entry point and good exit point. It is all about plan if you will make investment in defi and also for me defi is not for long term because people are just riding the volatility when it recently got listed.


Title: Re: Defi project like game pump and dump
Post by: Balladtony77 on November 12, 2020, 01:25:03 PM
The hype of DeFi projects brings lots of profits with it, I knew it will never last for long but still many investors take advantage of it, it's a waste if you don't end up taking your profit from DeFi Hypes when they are still surging high and now they have lose lots of value, only very few DeFi projects still performs really good


Title: Re: Defi project like game pump and dump
Post by: InwardContour on November 12, 2020, 01:58:28 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

This is so true, most altcoins are good only for swing trading and not long term hold. Most are pump and dump coins which only pump when there is hype around it and dump massively after that. However some have proven to worth holding long term with remarkable development progress over time. Most new DEFI projects to me are more of money grabs, few will actually last the test of time.


Title: Re: Defi project like game pump and dump
Post by: Greatchu on November 12, 2020, 02:08:45 PM
It's easier to identify pump and dump projects if you are a discipline fellow, what I meant by been disciplined is not been too greedy yourself, pump and dump projects always have something too good to be true to attract greedy people faster, like higher percentage returns that can never be possible from any legit business, greedy people easily get carried away by such offers


Title: Re: Defi project like game pump and dump
Post by: Greatchu on November 12, 2020, 02:10:22 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

This is so true, most altcoins are good only for swing trading and not long term hold. Most are pump and dump coins which only pump when there is hype around it and dump massively after that. However some have proven to worth holding long term with remarkable development progress over time. Most new DEFI projects to me are more of money grabs, few will actually last the test of time.
If I'm not so sure about a particular project I will only invest what I can afford to lose and take advantage of any price surge and exit such project because sooner or later it will dive into the ground with full force, still I recommend investing on better projects but one can sti make profits from pump and dump projects


Title: Re: Defi project like game pump and dump
Post by: ZZ8ZZ on November 12, 2020, 02:13:02 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Most of these projects are going to last max few months until they disappear. That's the state of the crypto world right now, people create projects hoping to make an easy buck out of gullible people and then they abandon the project. Doesn't matter if it's pump & dump, some kind of a ponzi scheme etc. I'm sure that 80% of the DeFi projects are going to disappear in the near future.


Title: Re: Defi project like game pump and dump
Post by: SektorPiii on November 12, 2020, 07:55:20 PM
You can call the method of raising funds whatever you want, but in fact you need to carefully study the project before investing in it-this is the key to success.


Title: Re: Defi project like game pump and dump
Post by: Mpamaegbu on November 12, 2020, 08:04:44 PM
Every genuine project pumps and dumps at certain stages. It isn't peculiar to a few projects. Even Bitcoin dumps really hard. It's just that Bitcoin has come to be trusted to always rise back once it dumps. If other projects dump the way Bitcoin does, I guess they probably would've stopped existing. I mean, what project dumps from $19,000+ to $3,500 and still rises back to $15,000+ after two years, if not Bitcoin? So, gaining and dumping isn't just a DeFi thing. It encompasses all projects.


Title: Re: Defi project like game pump and dump
Post by: DarkDays on November 12, 2020, 08:59:06 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
That's the state of the crypto world right now, people create projects hoping to make an easy buck out of gullible people and then they abandon the project.

Exactly! One challenge with any DeFi projects is always the risk of liquidation. So if the project team for instance gets a high allocation of coins prior to launching a craze of quick pump and dump can happen very quickly. The team dumps all its coins and abandons the project.

That's the 'hype and dump' cycle that was born from DeFi. 

While this risk is minimized, unfortunately, there are loop-wholes people can exploit like through the smart contract code and so sometime even good projects can go through a period of dump with long recovery.

Leaving this aside, there are a multitude of hype and dump DeFi out there and we must learnt to know how to avoid these trap coins.


Title: Re: Defi project like game pump and dump
Post by: Slingshot on November 12, 2020, 09:17:46 PM
You are absolutely right. Defi projects are mostly for short term if you buy and hold it may dump hugely on you. It was then price was making sense of these days scammers have invaded and it has turned to pump and dump even on big exchanges. The dump is usually heartbreaking.


Title: Re: Defi project like game pump and dump
Post by: Dragonfund on November 12, 2020, 09:34:07 PM
It's easier to identify pump and dump projects if you are a discipline fellow, what I meant by been disciplined is not been too greedy yourself, pump and dump projects always have something too good to be true to attract greedy people faster, like higher percentage returns that can never be possible from any legit business, greedy people easily get carried away by such offers

Have you ask yourself why even the experts risk their fund on this hype?
Because we don't really know the one to succeed and the one that will end up as sheet coins. This is one of the reason why everyone joined the hype to make quick cash.
Have you wonder why even the YouTube channels were shilling Chain Link when it was trading around $3-$4?
That's because they have their bag filled at lower prices and whales from twitter included. After stacking their bag the next thing they do is to find gullible ones ( greedy as you stated ) to fomo, they take thier profits as soon as they reach target leaving them with heavy loses. Look at link price today, from $20 to current price of $13. Thats a loss of 40+%


Title: Re: Defi project like game pump and dump
Post by: pelumi20 on November 12, 2020, 09:58:13 PM
You possibly found out about the ICO boom in mid 2017-2018. This is very nearly another hype. People claiming to be devs and advisors lunch a new project with the word {DEFI} in bold and begin searching for funds. With the current of UniSwap and other trade platforms, a large portion of them utilize those platforms to rise funds. Ensure that you won't see 90% of those projects sooner rather than later. Indeed you may call them bullshit or just "a scam"


Title: Re: Defi project like game pump and dump
Post by: Shasha80 on November 12, 2020, 10:11:52 PM
Every trend that occurs in the cryptocurrency world is bound to happen with pump and dump, so it's not just DeFi projects.
But ICO or IEO also happens pump and dump, it's a common thing that we often find in the world of cryptocurrency. Therefore,
as long as we do research and analysis properly, there is no need to worry about the pump and dump that occurs. Because we
can predict when to buy and sell.


Title: Re: Defi project like game pump and dump
Post by: Kelvinid on November 12, 2020, 11:15:52 PM
A few of them have left for good but most of them have gone for nothing it helps. These projects have no difference from IEO, it pumps, and it dumps and gone. This is not new to us but we think that the hypes it builds will have good ends but just like what ICO and IEO did before, they just disappear after. This could be a reason why people aren't giving much interest in new projects but much preferred for the old one. Of course, they have proven, unlike these new projects that we are not sure about the future.


Title: Re: Defi project like game pump and dump
Post by: uray on November 12, 2020, 11:44:26 PM
Every genuine project pumps and dumps at certain stages. It isn't peculiar to a few projects. Even Bitcoin dumps really hard. It's just that Bitcoin has come to be trusted to always rise back once it dumps. If other projects dump the way Bitcoin does, I guess they probably would've stopped existing. I mean, what project dumps from $19,000+ to $3,500 and still rises back to $15,000+ after two years, if not Bitcoin? So, gaining and dumping isn't just a DeFi thing. It encompasses all projects.
There is a major difference between bitcoin and the rest of the projects especially the token projects, once they dump even the developers leave the project because they might have dumped the coin initially and the rest of the investors follow that path to get the profit or cover the loss and those projects will not revive and rise like bitcoin.


Title: Re: Defi project like game pump and dump
Post by: arufox on November 12, 2020, 11:44:44 PM
For many people, predicting pump and dump movements is difficult enough that they get stuck
Many people? I think all people. I never see any people can predict pump and dump

In the fact YES. Defi project like game pump and dump. Also, you can call it a gambling game. If you are lucky you will earn huge profits and if you are unlucky opposite you will earn a huge loss

Defi project is not suitable for me that's why i dont invest on it. I choose old coin becuase one reason, because not a game


Title: Re: Defi project like game pump and dump
Post by: Mpamaegbu on November 15, 2020, 05:13:23 AM
There is a major difference between bitcoin and the rest of the projects especially the token projects, once they dump even the developers leave the project because they might have dumped the coin initially and the rest of the investors follow that path to get the profit or cover the loss and those projects will not revive and rise like bitcoin.
Perhaps, you lost the import of my perspective in that comment I made. What has kept Bitcoin going in spite of the huge dump it suffered (I am referring to that of 2018 as I didn't witness others before it) is the trust the community has for it. And that's the only thing that can collapse Bitcoin, not even any government legislation. I saw what happened in 2017 when the Chinese government outlawed Bitcoin in that country. It only shook the operations of Bitcoin among merchants in that country a dew weeks and Bitcoin came back strong. So, it's the same way it will be in other situations except there is lost of faith in the tech by the community. Bitcoin is decentralized.


Title: Re: Defi project like game pump and dump
Post by: aysha9853 on November 16, 2020, 03:39:50 PM
I think the DeFi project makes it easier for financial services for those who are serious about developing their project, if a scammer comes in maybe it just destroys the DeFi, seeing the roadmap and services offered from the DeFi project will make it easier to increase the price


Title: Re: Defi project like game pump and dump
Post by: Golftech on November 16, 2020, 04:26:20 PM
There is a major difference between bitcoin and the rest of the projects especially the token projects, once they dump even the developers leave the project because they might have dumped the coin initially and the rest of the investors follow that path to get the profit or cover the loss and those projects will not revive and rise like bitcoin.
Perhaps, you lost the import of my perspective in that comment I made. What has kept Bitcoin going in spite of the huge dump it suffered (I am referring to that of 2018 as I didn't witness others before it) is the trust the community has for it. And that's the only thing that can collapse Bitcoin, not even any government legislation. I saw what happened in 2017 when the Chinese government outlawed Bitcoin in that country. It only shook the operations of Bitcoin among merchants in that country a dew weeks and Bitcoin came back strong. So, it's the same way it will be in other situations except there is lost of faith in the tech by the community. Bitcoin is decentralized.

If there's real support from the community and the developers are not aborting or still doing progress to the project the chance of
recovering is very possible, but if there no interest and both traders and the developers forget about the project the outcome will
be worse it will die eventually, both  developers and supporters are very important for the continuation of the project that's the life behind.


Title: Re: Defi project like game pump and dump
Post by: Mahmudmach on November 21, 2020, 11:53:13 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Prudent in investing, having calculations and investigations of defi investment is the main thing. I think short is very profitable but they also like to make surprises in the distance to attract investors, I'm not interested in defi because the risk is very large and of course the profit is also big, but now scammers are very flexible and keep increasing, causing me to be very careful to choose that


Title: Re: Defi project like game pump and dump
Post by: Hamphser on November 21, 2020, 11:58:39 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
Is this still surprising? Just like into those ICO IEO STO... When it comes or to mention out pump and dump then its not a new thing.
Had been pretty common that there are lots of projects that do have this kind of behavior due some of them is manipulative
and some of them had just been hyped up for the sake of some fomo then dump later on and make those noobs
do whine and cry that they had lost money on certain project.So we should really be careful on dealing up with things.


Title: Re: Defi project like game pump and dump
Post by: LogitechMouse on November 22, 2020, 12:12:06 AM
Most of them will end up like what happened to ICO hype.
Most of the coins will end up being a pump and dump coin where developers will gain money from it.

Investing in DeFi as of now is very risky so manage your risks if you really want to invest into it otherwise you will lose all of your money in an instant so do your research and be ready with what might happen to your money.


Title: Re: Defi project like game pump and dump
Post by: SistaFista on November 22, 2020, 03:38:11 PM
A new concept like DeFi in cryptocurrency usually will be hyped at first when it enter.
Later, the hyped period will ends, and people will be disappointed and leave DeFi because the price is not rising, well of course even DeFi projects needs time to developing. And at the end, the people who keep stay in the project will reap the profit when their DeFi projects release the result of the developments. Like this chart :

https://miro.medium.com/max/2048/0*jWH8g22QnwJl15yt.jpg


Title: Re: Defi project like game pump and dump
Post by: pelumi20 on November 22, 2020, 03:55:26 PM
Totally yes generally defi projects resemble pump and dump game this is the thing that I have noticed so far with the vast majority of the defi projects and in spite of realizing it generally people actually investing in defi projects because of the temptation of big profit indeed numerous individuals made good measure of profit since they didn't miss the correct moment to invest. however there are likewise numerous individuals who invested in defi projects and made gigantic loss this is on the grounds that they entered on wrong time so on this premise we may see defi projects are a sort of pump and dump game


Title: Re: Defi project like game pump and dump
Post by: BountyHive on November 22, 2020, 04:23:13 PM
DeFi has a decent pattern this year, so it is exceptionally obvious from the clarification that you said that we need to enter at the correct time, else we will encounter immense misfortunes. Activities that overstate and multiply rapidly make others keen on putting resources into them. The more individuals entering the venture, the estimation of the undertaking increments quickly. Sharks have joined DEFI ventures when they previously dispatched, they have the upside of proceeding with a lot of cash by partaking in claiming and misusing DEFI.


Title: Re: Defi project like game pump and dump
Post by: qazgroup on November 22, 2020, 04:28:13 PM
What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.
You should not be jumping on to each and every new project but whenever there is some new trend everyone seems to start chasing them without checking the details of the project. Even now there are many high quality projects in the field of defi that are worth investing in.


Title: Re: Defi project like game pump and dump
Post by: tarable on November 22, 2020, 05:40:23 PM
You should not be jumping on to each and every new project but whenever there is some new trend everyone seems to start chasing them without checking the details of the project. Even now there are many high quality projects in the field of defi that are worth investing in.
Jumping into a new project without checking first is a very wrong thing, because now there are many failed projects and most of them all use the trending name, namely DeFi, so be wise in looking at a project and don't rush to believe in them.


Title: Re: Defi project like game pump and dump
Post by: nikola22 on November 22, 2020, 09:06:18 PM
most of Defi tokens are created for pump and dump scheme (and some are obvious scams). but there some established Defi projects with real user base that continue to develop and provide additional services. tokens of these projects maybe a good investment.


Title: Re: Defi project like game pump and dump
Post by: asus09 on November 23, 2020, 04:28:21 AM
Most DeFi project always running with short time because developer like ponzi scheme just take profit for awhile, when getting biger investor participated at the last moment they will be loss their money. I think is not ideas for holding investor to invest with DeFi project because they can't running for long time, I think most effective for DeFi project just running one month and then will back to lower price without development anything and the developer not care with his coin and try to make new coin again as DeFi basic, now available for investing with good altcoin like ripple, eth and litecoin.