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Hey, I was wondering if it's a good time to invest in YFIDOWN since it's 2 dollars and a week ago it was 24. Thanks!

YFIDOWN is very young!

Therefore it is very volatile and you risk losing!

Invest in ETH or Bitcoin which is safer right now!

Don't forget about ADA, XLM, EOS, LINK, which are very good too ...

I suggest not to invest in that project anymore . If some traders already experience to lost -90% do you really think they have plan to reinvest again after experiencing that huge lost?

Its a wake  up call for investors to not invest in project that you don't fully understand the use why it's created . After. getting that lost I only expect the price will be dead after. since no one want to enter in a coin that make more investors lost than to earn.

I don't think YFI is too young to survive. The Crypto market is a financial game and whoever has more money lives better and even creates trends.
YFI has excellent staking guarantees and a low supply has made many communities around the world fomo about them. with a tight and loyal community, plus a lot of strong whales to keep the token's price it will be very hard to die :)
Trend Defi is still there and not really over yet. we can still make a profit through staking ;)

Maybe the new project trend is almost ending because the crypto market is rising now. But if you want to invest in any of the new projects, you can try your luck. But there is no guarantee that you can make a profit in the future. I suggest you search for more details to find on the new project, so you will not regret or be disappointed if you only lose your money.

With the crypto market moves now, I think it is better to moves and search for the potential coins which can increase again, and I think we already have bitcoin, ethereum, and other coins that start to rise.

Despite the fact that investments in YFI are high-risk, I invest a small part of my Deposit in this token. And such investments help me get a profit that is many times higher than the profit from other coins. The main thing is not to forget to put a stop loss, so that if the price goes against you, your losses are minimal.

For me it is a matter of luck if you make huge gain in Defi projects, most of the investors right now are pulling their investment and they are re invest it in bitcoin because it is a trending stock. If you find a good project nowadays then why not try it but just make sure that you will only put the money that you are afford to lose. YFI for me is good and it already made a bounce. Look how volatility the YFI so for me you need to very cautious if you will but it right now.

I also consider this token to be a too risky investment at the current time. Rapid rises alternate with rapid falls. Don't put all your money into this.

So it went for $24->$2? so it means it has bottomed up already. Or shall we say that the hype has died down, the pump-and-dump scheme are over. So personally, I will look for other coins to invest though, as it might not bounce to $24 or more.

And as for most YFI and Uniswap hype, most of them have lost steam already as investors have already pocketed huge profits already. So it will be better to look for the next big thing that will be hype by crypto whales and manipulators instead of putting your hope to a YFI project that has seen better days already.

I thought that you are describing yfi(finance) as down. But about the price, they are different from the popular yfi project because it cost thousands of dollars.
What makes you think that it's good to invest just because it's $2. Can't you see the difference in the dump that has happened to that coin? Not worth it.

The adage says that something that goes up quickly will go down quickly, for me YFI or any other Defi really depends on the trend, currently Defi is indeed popular with many people, but one day there will come a time when the trend changes and makes it plunge again.
For anyone who invests in it I recommend to remain careful and not be complacent with the light brought by Defi, invest sufficiently because everything that is excessive is not good.

Obviously with the crash in defi hype and fomo more downside is expected and even if the bulls have to return it will take some time so right now i do not feel attracted to any defi projects and tokens so i think downtrend is expected to continue more.

Because of the trend of major cryptocurrencies outperforming smaller Defi tokens, so the YFI shortage could be a short-term hurdle.

YFI price is volatile. It fluctuates regularly and i can't predict its price. From the last 3 months analysis, its price touched $40k and went down to $11k and now experiencing $15k level. Who are already in profits, i would recommend to come out from this hype. Already many investors (including my familiar few investors) are in huge losses specially who bought more than $20k to $40k price. Only low supply can't be the scale of high price.

Don't just look at DeFi tokens that use the YFI name, because basically they are all not really strong in the market even though they were at the highest price when compared to others, so don't get caught up because of that, because if you want to invest or trading, then choose tokens that are often in the top 10 in the ranking, because it will be more profitable for you and minimal risk of loss.

If I was you I will stay away with such kind of token I also bought many yieldfarming tokens in the past 3 months and almost 90% of them price fall very quickly and not good for holding if you earn enough sell it quickly or you will get rekt just like when I bought KP3R/SUSHI at the top because of FOMO I rushed to buy and I ended up selling at half price to stop my losses.  

I do not know of much about this coin but it did beat bitcoin in terms of market price where it even surpasses bitcoin market price after recorded 30K $ per coin. I do not know if this coin is good to invest but for now my advise if you want to get optimum profit will not be good to invest. All crypto now are positive because it all influence with bitcoin market. If I were you then wait for bitcoin market to fall down or it crashes then invest the crypto yoi wanted to obtain. I think that would be ideal.

Well the deadline of investing in YFI has passed and now it's very risky because the price is extremely high so anything is possible from now it may go down Massively or it may be stable but it's upto you.

In my personal opinion this is not the right time to buy it, keep on waiting unless it go down. I would suggest you to buy top altcoins rather than focusing on this.

There are probably a lot of people who dumped their tokens and made a lot of bitcoin with that. I doubt it could go back to its all time high immediately. I don’t know why it is so hyped but it seems to be a manipulation of sorts. I’m just not willing to risk my money for that. I feel like it’s going to go down more.

In my own opinion; from  $24 down to 2$ I don't think I would be wrong for saying the price difference is much and thus do not look like a good investment to me, also taking into account all this happened within a week. Also, from another side, the good question is, what is the chances of buying and the price will go up later in the near future? Besides, considering it is a new project and giving reference to many new projects nowadays, the token might not even rise and might even continue going down. So I would suggest you kindly go for top coins like Bitcoin, Ethereum etc, and be satisfied with your investment. Lastly, most DeFi projects are just hype projects.

It's not a good time to invest in YFI down, if you can afford to lose your money and you can do that but remember if this coin is getting dumped from $20 instantly. that's insane. I personally will never try to deal with this coin. It will go up when YFI will go up too.
You can try to put small amounts into it and you can see what will be happening in the next week.
I hope that it will go back to the what it should be.

I think it will definitely go down again although now the price is at 24. The name is also crypto coin. Once there is a hike there will definitely be a decrease.
If you’re already confident in YFI, why not try your luck there, but you should still be careful because YFI is the new coin.
In investing of course must be prepared with all the risks, because it will not always benefit in this case.
Investing in defi coins are on this trend will provide a huge profit. The chances of gaining an advantage are definitely there.
Because many investors are already taking advantage of investing in DeFi coins. Determine the right point to buy this coin.

That's right, so don't get caught up with the price decline that has occurred for the token, because not all tokens are good to buy when the price drops even though the token has been in a high price in the market.

I am not really interested in YFI Tokens or anything like that, I think the defi fever is raising it, I prefer investing in crypto that does have long-term potential like ETH or BTC, YFI tokens are very risky if the whale is not interested, it might become ash

of course YFI will go down again, YFI's decline has also been more than 100%,
because Fomo YFI was able to go up very high, and a sharp decline has also occurred,
this is what makes me furious because Fomo can damage the image of an altcoin project.

Nothing impossible in cryptocurrency market. But, Investing in YFI is risky. Everyone suggest to investing in BTC, ETH for long term investment. I think you should stop investing in YFI.

YFIDOWN has the opposite performance than YFIUP. This coin goes down caused by YFI goes up and YFIUP was also following it. It's quite difficult to say what will be happening but you can also bet some of the money on it consider it has reached the bottom floor.
As far as i know, we didn't yet see the correction happens in crypto market right now, thus people are still trying to buy as much as they can.

Just be careful with it and you can try to buy some as preparation for bearish trend.

YFIDOWN is the new defi, the price spread is significantly different at the beginning, it probably very low to buy now. This investment decision can be seriously considered, the possibility of losing money is possible but not much while the profit is very very high.

It's your prerogative mate but me?yeah I invested small amount as the price is going deeper now and this is the best chance to accumulated  this pump and dump currency so by any chance that this goes back in activity then at least I have some profit.

And besides this is too cheap now to prevent as investment materials right?

Buy small part and let it stay in your wallet for long .

how can it go down further ?, look at the YFI price overtaking the Bitcoin price again,
even though the YFI price a few weeks ago was still below the Bitcoin price, I say this is a good thing,
Defi makes everything feel alive, buy as much as possible YFI might be test resistant again.

Despite i think it is overprice
But i wouldn't really short or buying YFIDown

It is way too risky
"Overprice" or "Overvalue" is just a term on what RATIONAL People think
It doesn't reflect what market "should" do

YFI has pushing out tons of features like new vault, vault with options contract and etc
All these are pushing YFI a lot in a short time frame

All cryptocurrency is very risky in terms of investment. But for the trader, the high volatility of the coin, such as we see in YFI, is important first of all. Even those who bought this token at the very top for 44 thousand dollars could get a very high profit if they entered the position short in time.

I suggest to you to find a new coin because the price drops very high and that means the coin is not potential just for me.
You can find a lot of coins now who is potential that will gives you a good profit than the coin that you have. But if you think there is a chance to rise you can hold it at your risk but if you think it will down more better to convert to the other altcoins.

Yes, make yourself clear with the plan. Whether you're with plans of buying it for long term holding or for trading needs. If you're into trading then YFI is the asset for you. You can buy without any big mind correlation. By the time find the right moment to buy, the fluctuation with YFI is found in large scale in very short time period. So make use of the downward market to make use in trading.

The current market structure of the YFI for me is not good because it has a recent capitulation where the buyers surrender and have a cause inverse momentum where the price are keep going down. The YFI is so volatile and my risk tolerance cannot handle it easily, the risks are high for me but the rewards are also high. Look the chart of the YFI where there are days there where it go up 50% and more. It is really a huge gain if you ride those massive gains in just days.

This coin price still going down. YFIDOWN and YFIUP is a pair of coin and both tokens price is correlated with YFI price. I don't have experience with this kind of things. In that case it's tough to advise you. But from binance I can see that,
Source (https://www.binance.com/en/support/announcement/82cfbdf59b224599bd9102b77cc61127)

And binance have also explained the risk of these leverage tokens. Read the part B of this statement carefully. And do what your mind says. Binance Leveraged Tokens Risk Disclosure Statement (https://www.binance.com/en/support/articles/360042918232-Binance-Leveraged-Tokens-Risk-Disclosure-Statement)

^ true, it is much better to just invest in old coins that are already very durable. yfi is a token that is full of speculation from the start, looks much riskier than Bitcoin, if you are happy with high risk then it's okay to buy yfi now.

don't hold the Defi token for too long, you can regret it later,
just sell when the price hits the target and don't buy when the price goes up too high,
just be safe, because Fomo will be a trap.

The name is really catchy, decentralized finance but it is true that it looks like a pump and dump market and if you are holding it too long then you will regret. I am trying my hand of yield farming and lets see how long it can reap the profit and i will not hold for a long time either. I had my experience in the past and i will never repeat the same mistakes twice.

With such a huge crash of more than 90% you need to ask yourself a question, do you actually think that this coin can recover from such crash? And if so why is that? Only the best coins can recover from something like that, if the coin is based on hype, and I see indications this is the case, then the coin is never going to recover, now I am not going to deny that you could get lucky and make some money with the coin, but the same can be said about investing in bitcoin and the risk is way smaller than investing in this coin.

You misunderstood the work of this coin. This is not an ordinary coin or a separate coin. It is in YFI's leverage coin binance. Binance has another one coin called YFIUP. You can take long and short positions of YFI by trading these two coins YFIUP/YFIDOWN.

Before investing in such leverage coins, one must be careful enough because there is a high risk. Adequate research should be done before buying any coin so that such mistakes can be avoided.


Source: https://www.binance.com/en/support/announcement/82cfbdf59b224599bd9102b77cc61127 (https://www.binance.com/en/support/announcement/82cfbdf59b224599bd9102b77cc61127)

I don’t think I can predict the price movement of this coin, because it’s too fast, even in a matter of days it can go up tens of percent and can go down a lot as well. Although all cryptocurrencies are at risk, if I look at the movement of these coins I see more risk than other krypto coins. Unlike the old altcoin, that can be predicted movement and can be learned its nature. Buying YFI coins will profit in just a matter of days. In fact, many people get rich because of this coin, but the risk of losing it is also huge if it can’t determine the right steps and strategies.

I will not have much opinion on YFI in the near future, as there are many better options right now, i think you can spend a little time to learn about ETH, DOT, LINK, BNB,.... I always think that the all supply is so small, it is really making many new investors feel afraid to buy it, because of psychology. They are very little interested in the market cap but only look at the price of the coin, which proves through the crazy increases of YFI this year it is more controlled than decentralization :( .

You can't invest in tokens like YFI for a long time. I use it for short-term trading with a mandatory stop loss setting. Of course, such DeFi tokens are easier to trade short, since they mostly lose their price. But this does not mean that they can not grow in price by 50% in a few hours.

Of course it will go down again, I will ask you a question if there are certain cryptocurrency that keep rising where it did not yet experience to go down even once? Of course there is no certain cryptocurrency like that. It is all about market cycle where it is the reason why the YFI goes down because a lot of people want to sell the YFI they have because of the fear. Right now, the YFI is trying to reverse and for me it is a good sign but still there are always downside in trading.

If a lot of staking and liquidity are maintained, YFI will still be alive,
currently there are still a lot of liquidity at Uniswap, and YFI is still Defi's favorite token, yes the mid term is still feasible,
but in the long term I also don't recommend.

First understand the concept of Yearnfinance and it's too risky if you wanna invest or HODL then please go for some other coins not YFI as the value might fall anytime and to be honest all the crypto investments are subject to highrisk but atleast there are stability and history of fightback with coins like Bitcoin, ETH, and other top altcoins but YFI does not fall in this league.

I don't think you should invest in a project if it's just going to make you lose money, not just looking at the price from $ 2 dollars to $ 24 at the time. Isn't it obvious that a pump of that size is soaring. usually played by a group of people whose patterns trick you. with the lure of a significant increase.
invest in trusted crypto assets, Always seek as much information as possible, not just relying on one or two references. because it is not a matter of glimpse of profit, but it is prolonged from time to time.

Since from the start the this farming tokens existed. I never dream to buy them all even they are hyped by many traders. YFI did something great for the past few months as well as YFii. You can buy it right now because many altcoins turn down during bitcoin volatility. But, just a few reminder brother. You must keep an eye with your investment specially they are all volatile.

Great advice so far and there’s a lot of YFI named project so its too risky to gamble with that, if you want stable profit better to always go on the top options. Bitcoin is pumping right now and might hit another peak if the trend continues so might not want to miss this opportunity and do grab good coins now. YFIDOWN is a hype project, and imagine it already reaches the bottom which is very alarming as an investor.

It is definitely overpriced, there is absolutely no reason why it should be this high, it moved from 8 to 18 levels in a week and it has no reason for that at all. These type of projects that increase this much has always scared me a lot, when there is a news or a big deal and price of a  project goes up I understand it because we can provide proof of why it went up with that news, however when there is nothing going on and it is ordinary, I do not feel like it deserves the big increase it got.

This could lead to two things, either I do not understand the project well enough (which is totally possible, I am not an expert) or it will crash soon and become a lot less than what it is today. I fear that yfi will be second one and will drop under to a certain level once again.

This is not a good time to buy YFI and hold it. Currently, there are a lot of bad news about Defi trend in general and Defi projects in particular.
As Bitcoin actually grew, it eclipsed Defi's hype, which reduced the transaction volume on Uniswap and had more scam projects than before.
Besides, APY has just been hacked 2 million DAI right in their hot wallet. The security issue of Defi projects is really problematic and investing now is very risky.

it's not about the real YFI but it's about the leverage coin of YFI that issued by binance. I think that you must also read it properly and what already mentioned by OP was YFIdown and this is only available on binance. It looks like this coin will never go down again and the YFIdown will stay at the same posiition.

How sure are you that YFI will never go down again?  If you look at its price chart history, after its massive surge to $40k  it ever since going down.  There might be some pump surges but I think YFI has nothing new to offer in the market yet so I am expecting that will eventually go down to its actual value, unless YFI whales decided to take profit again and pump it hard.

I really doubt that I mean they are one of the first DeFi with so many listing all over and for some reason I think they will stay for a very long time Only that dont expect crazy gains like the ones at the start of deFi craze until something new comes along

It looks like he was sarcastic about the situation  :P. This is a massive pump and dump market and the DeFi market will attract all the pump team that were pumping the hell out of shit coins in the past and i guess that is what is happening in the market and it is hard to understand when the bubble will be broken. So anyone willing to take risk should be aware of the situation and get out without getting on the wrong side.

Nobody could be sure about YFI going up or down, we will never know which direction it would go because if we knew that, like knew it so well that we have zero doubt in our mind which direction it will go, we would all sell our things and take out a huge loan and just go into YFI.

If I think it will go up, without a doubt in my mind, I would sell my house, my car, put all my money and take out as big of a loan as bank allows me to take and put it all on YFI, even if I make about 25% or so profit from that, it would be a huuuge number for me to continue with my life since I would be going in with that much money. Now if a person is not going in it like that, they do not know it and that is why I keep saying do not be sure about anything, question all your thoughts.

I speculate that there is a special team behind the YFI trade, such as fast pumping with incredible pump power. most of them use this trick to attract many investors. Try to imagine a token that was still under bitcoin for a few months, shocking the crypto world. So that's my assumption, that there is a special team playing YFI price movements.

YFIDOWN will be reacting when the price of YFI goes down. That means if YFI will not be going down and YFIdown will always go down to the bottom.
YFIdown and yfiup are strongly correlated with the trend that happened with YFI.
YFI down and YFIdown will be going up and otherwise when YFI goes up and YFIup will be doing the same like YFI too.

Nah, if I see a price dump already after the hype then I won't bother to reinvest on it again. It's already a sign that they were dumping and there's no way you could get back what you lost. This is how the new altcoins projects did every now and then I wonder why people still risking their money hoping to gain with it? If you can't follow a project properly and missed the chance to buy during low or sell during pump, I don't think altcoins should be your first choice.

I believe also there is some whales behind this project. Because how can they have that price when there is no working platform? So it means, the team or someone backing this project has huge amount of money to manipulate the market. Once they achieve their target profits, I strongly believe that this token will go down hard and there will be no turning back. I'm hoping that those who will buy this token will contemplate first before spending their hard-earned money.

It's about the leverage coin and it has no correlation with the whales. The whales just pump and dump YFI and that will be affecing the price of YFIup and down. The leverage coins will be reacting to the movement of the real coin.
We have been talking about YFIDOWN which was a leverage product from binance.
You must watch the main post again to get the main point

If you look at the chart of the YFI/USDT in Binance, it is currently forming a symmetrical triangle where there are 2 possibilities which are breakout and breakdown. If breakout happens then it is good because it is only indicating that YFI will become bullish again but if it is breakdown in symmetrical triangle then be careful because another dump can happen again. For those who have this, it is really crucial so monitor it and observe what will happen in this current week. If there will be a breakout, I think I will buy 25% of my portfolio because for me it is a good sign where I expect a follow up.

Now is the time to look at bitcoin and eth and if you are already making a profit there or maybe you have got your capital back then forget about YFI and invest in bitcoin or eth, leave the YFI ship before they sink.

It could go down further for sure, as it hasn't even broken new lows against Bitcoin's price. It could have also bottomed from finding support at the lows. To provide a technical picture:

https://www.tradingview.com/x/tQ03FNHF/

Price bounced back recently from oversold conditions (as expected). Whether this is a dead cat bounce or not remains to be seen. Price needs to get above 1.217 in order to stand a chance of rallying further (0.236 retracement as well as breakdown level). If it can hold above the volume point of control (red line) it stands a chance however. CMF remains relatively neutral.

It did correct 88% at least, which is a hopeful sign of correcting enough imo, while still down 70%. It's one I've got my eye on, but not too interested as still too new a project.

YFI has already gone down by its an all-time high of approx. $40,000. Now it is trading at almost half of below the all-time high price. So, you can invest in for a short period of time again until it will touch the previous price again.

This coin has been down a lot from ATH. When this coin came on the market and was able to create a lot of hype in the market, and as a result some players played with this coin and pumped this coin unexpectedly. And what happened after this huge pump is now being seen in the market. It is not right to buy these coins just because they are being dumped.

It seems to me that I should be at a safe distance from these coins now. Because the next step may be worse.

Quite honestly the risks of DeFi coins have always been there, what happens is that people ignored those risks because they were happy with the profits that they could get but now that it seems that the DeFi hype has finally died people are not happy that they are being scammed left and right and that they have no way to protect themselves, the truth is that anyone that has experimented the market growth of 2017 knew this was coming and for the most part they left the DeFi market early even if that meant sacrificing some profits just so they could keep their earnings this time around, while all of those that were new to this market and have not experimented those market conditions are still probably holding their coins and are lamenting the fact that they did not sold them earlier.

Not ideal to commit the same mistake for those people who do bought into the peak price.It did really crashed a lot from its ATH and i dont know on what are the basis
of others on why they would tend to buyback into this price yet it  had been seen that majority had been selling out but still its breathing at the moment
and still been traded and still had liquidity.I cant even afford to get a whole YFI but on smaller units then you can trade off but basing of with the
volatility then i would rather prefer bitcoins in most cases.

Many people chooses to hold their coins rather than wasting for a very cheap value, because of the mindset that it will grow after all myths predictions. As DeFi market influenced the entire market, expectations is really a big factor why fascinated followers remained trusting the system and never leave on their backs. This is a biggest challenge to face for several investing as well as traders who delightfully keeping their strong holds for cryptocurrency.

It is hard to see that the market of these tokens are rising considerably and when you missed the entire boat you tend to think what is making these market rally so much so that the valuation of YFI is higher than bitcoin which is crazy in itself and when i checked the market there are a lot of buyers pouring their money in it. For all the investors reap when you can ;D.

half value of All time high is good enough basis to decide of investing or selling,but the question is what is the value before the hype happens?because if this is the baseline of the value then investors may take a look first.
because if this coin go down that level again then it is impossible to recover again as this is a proof of this coin being Pump and Dump.

with a very high value, of course it is very risky to invest our funds in tokens that have dropped drastically to below $ 10K, even though we now see that it has risen again and can only reach half of it. We need correct analysis and believe that what we are going to do is the right action because prices may not go up but fall back down.

what we are afraid of is that the funds absorbed into it are quite large and the possibility of loss is also clearly large because we know that this token does not create a breakthrough that can convince investors to be willing to hold it.

My popular coins can dump especially coins that are still quite new, look at my price comparison when a few months ago it reached $30k and now $20k which means experiencing a dump of $10k, that's a lot of money.
I'm worried that if the Defi trend is completely dead, this coin will also experience a dump in the future.

I commented on this post a week ago if not mistaken
Hope my comment is took into consideration and congrats if you didn't buy it

Going against YFI when you feel it is too "expensive" is the last thing you would ever wan to do in the Crypto DeFi Market
They are literally implementing tons of insane stuffs and V2 of YFI is releasing soon iirc
Based off the growth rate i am thinking YFI could really flip and break higher high this run

most likely it will experience a correction, not a dump, because YFI has increased 20% in 7 days,
this indicates that this coin might end the uptrend and look for strong support again,
if you want to buy make sure to buy it at a lower price.

YFI is good but DeFi trend is emerging in different areas. As an example NFT.  So many projects are launching NFT features but only few are as quality as
https://www.kingswap.io/ If we speak about future NFT trend leaders then $KING is the future leader for sure
Please take a look at tell what you think!

You may know what kind of hype was in the market at the time these coins were made. What their purpose is is not yet clear to everyone. They created a coin, the big exchanges listed their coins and after the listing they were pumped huge and dumped again. So it seems to me that the script of this coin was fixed in advance only they played it like the right time. So I will refrain from buying these coins.

We saw its peak and bottom price in just a short period of time and YFI is pumping again right now so this project becomes more volatile and a place for whales to make money easily, this is not safe for a serious investors and I’m sure most of them are traders waiting for their right moment. YFI will go down if bitcoin dominates the market again, don’t expect too much from a hype project because you might fail on that.

I really hope that these type of projects get more common and not just in name sake but more like an idea. YFI became huge and we have seen a billion yfi related names and projects and everyone was making something, yfifinance yfisport yfiinsurance yfinft yfithis and yfi that and everywhere was yfi.

I do not want anything that is another yfithis or that but I want something bigger than yfi like that which creates its own ecosystem, that usually means that economy of these projects ends up being huge and that is what I really admire with these type of projects because they do not need bitcoin or ethereum or anything else, they become huge all by their own and I love them for it. Maybe yfi could drop again or could go up, but at least it created a path that is for sure.

if there is too much demand and the Hype continues, the price of $ 40000 is very easy for YFI to reach,
because we know the total supply of YFI is very little, it makes a coin expensive,
if you wait for YFI dump then you will regret not buying it now.

When YFI launched and started to run in the market with a high price a lot of people invest in this project. We cannot predict price when it will go dip and when it will increase but you can observe first the market if it is good to buy. If still in doubt why not invest on other coins to make profit. The market is volatile just invest on how much you can afford only.

I am a greater amount of the believe that should exit, since it is profoundly theoretical and relying on he whales it can take in any case, so it ought not occur for the little speculators that you see benefit today. All crypto now are positive since everything impact with bitcoin market. In the event that I were you, at that point sit tight for bitcoin market to tumble down or it crashes at that point contribute the crypto you needed to get.

Hello,

one short question, what do you think can YFIDOWN jump back to 2.0 or it is impossible. I know everything is connected with up/down with YFI, but cannot figure out, because i lost a lot in that fall from 2 -> 0.8 in YFIDOWN, yes i know my mistake, but now is too late :).
If anyone have any idea or it is in same "shit" :)... it is reasonable to wait for go higher or sell when reach 1 ... IF :D .

thnx and good luck,

Br,
Sam

YFIDOWN is still very young and untested, the proof is the yfidown price dropped dramatically from $ 24 to $ 2 within a week. This coin is still unstable so the price is very difficult to predict, and the price is very volatile so that it makes the risk of losing higher. If you want to invest, try to invest safely. You can invest in the best coins like Eth, Ripple, Bch, Ada, Xlm and Neo.
Remember, your goal of investing is for profit, so you have to be careful before making a choice.

No, who advised you to invest in Yfidown.? never experiment in new coins, because the risk is very high. You can invest in ETH or other coins that have been tested in the market. Try to see the coinmarketcap list, there you will find coins that are better than Yfidown.

It's good if you have to consider if you want to invest in YFI, I see this coin is very prone to decline, especially this week the market situation is very uncertain, if you want to buy this coin you should wait until the price drops at least 50% from the current price, in my analysis  The YFI project has the potential and is suitable to be saved, because the supply provided is very limited, so it is likely that this coin can compete with this well-known coin.  as XRP, HEX, XMR,

I think in longterm can invest in YFIDOWN, because YFI is very active and can reach more than 2 ... In my opinion, maybe im wrong...
Br,
Sam

I don't know man, all these coins are a mystery to me. Altcoins were "easy" enough to sort of speculate on but these defi coins seem like they need you to be aware every day of how they're performing and these concepts of impermanent loss escapes my understanding (I see that if you aren't careful you lose more than you gain) not to mention all these "hacks" that drain liquidity. Who's to say YFI won't be the next victim?