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Will probably have the same painful death ICOs had. One thing you maybe could keep an eye on is the very few first DeFi coins, but be careful about investing in them as well. Usually, it's the first few coins that get the hype started. The upcoming ones are crapcoins sitting there just to try taking advantage of it. But to be honest, I think it's already very late to join the hype.

ICOs showed us what "revolution" really means. If there's any coin or technology to revolutionize the markets and crypto domain, it'll show its true potential in a matter of years like Bitcoin did. Can't say this is going to be a long-lasting thing, it's too early and the hype is already overpowered imo.

I don't think that they offer something new, maybe it's just a new name and new hype. But it will be just the same as the ICO of 2017 and more hype that IEO currently. And as far as I understand, Defi decentralization + traditional banking systems, so what difference does it make in crypto sphere?

And look at this news: https://cointelegraph.com/news/yam-suffers-technical-outage-following-scam-accusations

It's all based on hype and speculations at the moment, just like ICO's back in 2017. Traders/investors who are sharp enough will go with the hype earlier if they want to make quick money but sooner or later the hype will start to die down and once the death begins, late comers will be left crying.

Some projects are definitely legit and offer something new, such as liquidity pool, decentralized credit check, etc. But after that tons of projects are trying to make the same thing and then noobs investors are throwing around money which is why they keep pumping. After some months it will probably die and those who does not innovate or get enough traffic will surely die. When that happen the price of those tokens will start to correct itself.

It seems like ICOs looking from ROI. However, if you are in this game, irrespective of how good a project is, book profits and let it go. That's all I learned through last ICO trend. Good luck!

it was just a trend to heat up the crypto space and was no longer available for a long time.

I would say indeed that defi is a good form of investment in today world, but you have to wary and then do your own research to ensure you invest in the best defi around you. So that when the hypes are no more; the quality projects, products you invest in, will yield profits. Remember that you can take both short term and long term gains from investment.

Defi is a trend like IEO in 2019, at the first stage there will be a lot of successful and profitable projects for investors, but then there will be bullshit projects and make for investors to lose money

Actually DeFi is a revolution, unfortunately currently DeFi has started to be tainted by projects that only follow trends, but end up with a scam and I think for the rest of the quarter in 2020 there will be many more projects that follow the DeFi trend which is a scam which is very unfortunate

it's good to invest in the defi platform as long as it has real usage. There will be so many new defi that will be selling gimmick rather than the real use case. Some crap projects have already started to launch their scam defi in the market right now.

Today I saw a Defi project crash 99% in just a few minutes. They received a lot of attention from investors and the market cap went up to 60 million dollars, but then there was FUD and the price dropped quickly causing a lot of people to lose money. You can search the YAM project on twitter to find out about that

Defi is not like an ICO, Defi is a revolution of the future decentralized financial program, DEFI is not a fraud, but ICO can be a fraud,
2020 to 2022 is a very exciting year for cryptocurrencies, lots of adoptions, lots of new projects, and lots of new programs.

That's how things happened inside this volatile market, speculative movements done by FOMOS and FUDS we can't never say what will
be the next actions that will happen, maybe it's just another test to see how strong investors for this project can be, weak holder will surely be affected, people who did not find time to do their research always lose their money inside this venue of investment.

The current hot topic is the Defi project. Even if there are too many nowadays, there will definitely be competition. And surely there will also be DeFi projects that die because they can't compete. If DeFi is still the main choice, then it's not wrong to invest in it.

Cryptocurrency continues to evolve rapidly and DeFi is one of the necessary milestones along the way. Not so long ago, we were discussing whether it would be possible to use cryptocurrency for loans, credits, and deposits. ICO projects and cryptobanks appeared that promised to carry out these operations. With the advent of DeFi, this is becoming a reality based on smart contracts. Moreover, as it turned out, banks are absolutely unnecessary here.
Also stablecoins appeared, which are pegged to regular currency, but backed by cryptocurrency. Such stablecoins can even provide their holders with a certain profit, as they deviate more from the set value of the unit than regular stablecoins.

Both DEFI and ICO have one moto - make money! DeFI is just a more sophisticated form of making money by its owners. I am sure DeFI is also going to have the same fate like ICOs sooner or later!

Definitely there will be few DeFI protocols which are going to stay for longer but most of the protocols will die eventually if not sooner. I have seen few non-collateral platforms as well and I am not sure how are they going to recover money from the borrower if the borrower runs away. It reminds me of BTCJAM and BTCPOP platforms where I have personally money!

Defi is definitely (no pun intended) not a financial revolution, it's literally just a bunch of tokens and smart contracts based around swapping tokens with each other. It can't do what the traditional finance does, and with knowing how slowly crypto and blockchain solutions get adopted, it's clear that DeFi is overhyped. Also a lot of hype comes from unsustainable returns in various DeFi funds. Maybe it's not like ICOs, because it's a bit harder to make a DeFi project, compared to ICOs where anyone could make a site and a token sale smart contract.

Its almost the same thing but revolutionized in a way with smart contracts, its not just about crowdfunding like how it did in 2017 ICOs. If its being hype today then just go along because after all, its the trend and you still can make money out of it.  But its best that you just invest to the old ones like the Aave, Compound, Bancor and LINK. They seem to be the first and are making good spikes this few months.

Not all DeFi projects have good use case, remember that the word 'DeFi' is just a word that any project can insert in their project just to fool investors, you need to make sure that a particular project is more than just words, for example DIA project has Oracle implemented, not just DeFi

The Hype Defi has caught the public's attention especially for cryptoqurrency investors who are now turning to take part in it, I think this kind of Hype Defi will not last long, only to attract market investment and after that it will stop. maybe someday someone will regret it or get stuck in Hype Defi.

Its the new revolution in the crypto industry but then the hype is becoming too much just as the use case too wil still become the regular repetition of already existing DeFi projects existing in the space. just hope people don't take the DeFi projects too seriously as not to fall victim of any project that isn't solving a real life problem.

DeFi is a new revolution and peoples hyped DeFi. They are investing money in DeFi project blindly. And the scammer trying to take advantages of this hyped. Thy are opening new project without proper business plan. Investor should take a look before investing otherwise they will regret for it later.

I think that there will be something similar to ICO and IEO boom, now there is a rise, then there will be a fall and at the end there will be a small number of strong defi projects.

Yall realize the supply changed with the price so the marketcap is actually what you should be looking at right?  You might be used to the old way..this is elastic supply world and your judgements need updating to include that paradigm also.

The year of ICO few projects survive, I think the same will happen to DEFI too. Link still remain the king of DEFI, every other DEFI has grown out f use case. They called it Decentralized finance but many are manipulated in price just to get the interest of people. It has happened before and it's still happening again, only those who can moderate their greed will survive.

You can digest this with overview of DEFI projects in general.
https://bitcointalk.org/index.php?topic=5256820.0

It's not all project one should invest in. In as much as Defi is trying doesn't mean scammers will not intrude and spoil things. Defi is trying but we need further verifications before investing. YAM finished many people through its massive dump so should be a lesson to all. The fact defj is good there will definitely be bad ones in the market.

I think eventually it will create a bubble and situation after 2017 ICOs will reoccur. This is what happens when something new comes into the market and everybody trying to show how good we are in that. This also leads to scammers getting more advantage of it. With new DeFi projects, we have to be careful and do extensive research before investing in it.

You can't tell if corrections are a problem. Last year also cryptocurrency took correction, even Ethereum price lost to 80 USD. Top DeFi project name Chainlink, which coin started bullrun a long time ago. All DeFi projects can't be hype. During the bear market Vechain price was good, so some DeFi projects could be good for a long time.

DeFi is doing great right now and we don’t know when the hype will end just because of the past of the ICO’s project.

We have to give them a good credit for making the market better again but we should also be open for this kind of possibilities. I saw many good DeFi right now, and the exchanges are listing them without even applying so maybe they are really good. Will try to look for more reason to invest on DeFi, i know its worth it as a new kind of project.

There was a chance for this hype to be used to fool the investors again but can we remember if the investors become even smarter than before? They were much more selective to choose a project and that means they can't be fooled by the scam project easily.

its really worthed to invest in DEFI project right now, most of successfull project in market with name "DEFI ". its be a trend in market now , and investor very happy when they follow the trend and gain profits. many good exchange listeng without any community voting or even pay listing fee. but when it be new trend right now, we must becarefull for scam project that will take advantages from this DEFI project. i saw several scam project already occur now.

It's hard to advice people on what to invest in and what not to invest in, this is because of the high rate of scam projects. Yes, Defi have good use cases and the news is been found almost everywhere in the crypto space and so far they have been good news but that doesn't mean it will remain that way because scammers are lurking around and will soon jump in to use the hype created for their own benefits. Thus, if I am to advice, first I would say it is good to invest in them but make sure you do your research about them first, do not be blinded by their hype and invest in the bad ones because their number is growing everyday which is expected.

The use case is seen on how the used of smart contract deployment. Im not sure if there is a game changing concept introduced here but the hype it show is a lot. Probably there are some who dont trust the defi system but we cant deny the fact that most of the projects on the defi hype already earned a lot from it. Not sure but money is just rolling and rolling out on same people.

Be careful and do research before you want to invest in those projects as Defi is very similar to ICO so there will definitely be a lot of scam projects appearing in the near future. I'm not sure about anything yet, but the trend of investing in Defi projects will slow down in a few months. Investors often like new things in the market and you need to seize opportunities while you can.

I think the trend of investing in Defi projects will continue until the end of this year and this is a golden time for you to profit because in the past few weeks I have made more than 800% of profits from Defi.
Actually I feel very nervous about investing but I always allocate funds accordingly because Defi is like a bubble and can collapse at any time.

Do you have any recommendations for few Defi coins or which you think its quite good to invest in it

Wow 800% thats quite a growth, could you tell me whats the criteria of selecting Defi coins, i have heard some Cefi coins were also coming

IMO i guess mostly profit were taking by big exchanges like binance they were earning, recent coin were YFI who have just surpassed bitcoin & now binance is offering futures also

I guess till now i have seen best project would be dharma & most of the defi coins want to be dharma & selling their projects by giving reference of dharma

I see this DeFi story as a opportunity for those who aren't too scared of losing, you can make huge gains like that of 2017 from DeFi projects, I believe the bull won't be around forever, once bears attack the market no single DeFi will withstand it's value

Any recommendations for new Defi

Already seen few scam projects in market but at this moment majority of projects were genuine

Oikos cash is the cheapest DeFi token right now and it's going to bring good ROI but this isn't an investment advice, make sure you are ready to take risks and loss may come, I'm not responsible if anything goes wrong, do your own research

ya i have also heard about it, let me check out this in complete details, can i ask how percentage of portfolio you will invest on this

DeFi projects will only disappoint those who don't know how to do research, use cases and strong utilities is why we choose coins or tokens and hodl them for a very long time hoping that they will grow bigger one day, know which project you holding very well and make sure they are so damn useful

many fake developers now coming to market with Fake Defi project and many investors lost their money because of this. but if we do proper research we will find genuine Defi with low price .

oikos current price now $0,0703 and maybe be cheapest Defi token, moroever its market capitalization still very low and have alot potency to growth. its collectible if 2nd round bounty finish and distributed so we will safe from dumping.

It seems to me that the DeFi bubble inflates even faster than the ICO bubble! But they are really very similar!
True, so far I do not notice many new people appearing in the crypto world... So it's very likely that we still have a chance to make a profit in this market!

I think defi is just another bubble. It will burst after few days

There is no more doubt in this, that DeFi is perhaps the biggest trend in years of crypto market.
Demand is so strong that most defi tokens even new ones are flying.
Look at YFI it has already hit 40k.
Sushi a newer project has already made multiple time gains.
TrustSwap has made more 30x.
There are many many more projects and examples like these.

The defi hype is real but when we are talking about the real use case and there are some defi only with the real use cases while the rest only tried to follow the trend. As long as the that's legit defi with real use cases and it's always worth to invest in the defi but the problem is, are you sure to enter in the bullish zone? Almost all of defi platforms have gotten big pump.

I would think if it's good to invest in these defi platforms as long as you are taking the correct time to invest (it should be when the bearish trend happened)

It's understandable that not all Defi project have something beneficial to offer the cryptocurrency space, most Defi projects are only interested in the market increase and that's why we need to be careful about investing in Defi project now. There's no doubt that the value of Defi tokens are on the increase and most investors in this space are only concerned about returns on investment.

There were a lot of projects in 2017, but the best ones remained.
Also, only the best projects will remain in the defi ecosystem, but as long as FOMO is ahead of FUD, the market will grow.

The latest scandalous projects are more like HYIPs, but this will not last long. People will get tired of losing money and will learn how to invest correctly.

Defi projects that will last after Hyip is finished rate prediction will return to basics, it is an important note that Hyip can be completed without your knowledge, people have to control the investment in defi projects in order to avoid shocks of reverse rate movement.

I like when something new appears in the market, such as ICO and IEO. Investors have a real opportunity to invest their capital in a promising project. Now we are seeing a hype around DeFI projects, which, if chosen correctly, give a profit of thousands of percent.

Whether DeFi is nothing but hype or actually have something good to offer I'm here to take my chances with everything that's taking leads in crypto and presently DeFi is on my list so I'm glad I invested in few DeFi projects and I'm already making my profit

DeFi vs ICO is something you don't want to put against each other because they aren't same thing, ICO is for gathering funds for new projects and DeFi is decentralized finance platforms that gives full freedom to investors

Could someone help me buy tokens on unifihub please? The line is very busy and at the end says not enough funds. wtf. How to buy this token? I read its a gem. Tnx

just check on coingecko and buy at uniswap, this project website looks attractive but what makes you sure this is a gem?, and also if you buy, prepare a lot of capital because eth gas is sick now and it costs more than $20 to do the swap process.

I believe its dangerous its almost completely like 2017 ICO's hyped for like everyday one pops out instantly from nothing. I observed people from telegram that theyre energetic that some project will make their investments 20x in a short period of time.

IMHO, Defi is getting more hype that ICOs so I believe soon this will end.

Decentralized lending is something revolutionary but is it really possible in real life! I don't think so but still people are investing on it due to the trend goes behind these projects, if there is a huge dump then the panic selling will get started.

I don't think that the DEFI project has a real use case for future investment, for me it's a HYPE. but since the beginning of DEFI's emergence in the industry, they have attracted the attention of investors to join in and may be good for those who are good at taking quick profits in the Defi project.

Honestly, I do think that the future of finance is DeFi. For me this is an upcoming sector which can lead to great profitability if you invest smartly. The difficult part just like with any other coins is that you still have to go through the selection process and identify the projects that will make it.

While I get that some people are put off by DeFi, some look at it as an opportunity for investment. It's a matter of attitude and research, which is what crypto is altogether isn't it ?

DeFi seems to be like a golden egg that's being thrown every single day by the hen unless some day this hen gets cut by the investors to party out eating her. Don't get caught when the dust settles - that's all I can say. I don't think DeFi is bad, but what's happening here is literally making it look like a pump and dump scenario and I hope for the best in the interest of investors. Saw YFII listed today which is being called even better over YFI as it has official Chinese local investors involved in it, but every investor would invest for profit, so some day soon, they'll crash the price when they'll look for their profits. This scene is looking too good to be true, or like a dream come true.

DeFi projects are being followed and fomoed blindly. Although the use cases and potential is real but still i would say that investors need to be careful as not all these defi projects are going to survive over time.

To be honest, I personally don't trust the Defi project that is being discussed in this forum. because they are too good to be true or have no real use cases. suppose (BTC, ETH, BNB etc) are coins which actually have real use cases for future investment.

Some defi have a usecase, if in doubt, maybe you can learn a little about defi on some defi monitoring site, for example DefI Pulse, then click the defi project that you want to learn there an explanation of the different use case of DeFi, it's just that in my opinion what's wrong with the current trend too many developer make DeFi and it makes it strange because the average concept is almost same and this causes the potential for a scam project to enter very big.

I agree with you, DeFi's popularity will not last long, only HYPE...
It is very risky to invest in DeFi in current conditions, most investors who have been holding on for a long time must have taken their profits, it is not safe to invest in DeFi that are at the top right now.

The problem is that many people now have this mentality of Defi projects as having continuous pump, when it's not a ponzi. Only ponzi scheme will.keep.going high without any corrections. I prefer the organic growth of a coin and that can be sustained for a long period of time.

I think DeFi projects that are currently hype are similar to ICOs in 2017. But so far they are still more profitable
the existing ICO in 2017. Even so, there is nothing wrong with investing in DeFi projects, because based on my
analysis DeFi projects will still continue to grow until 2021. So it's pretty good investing in DeFi projects right now.

indeed many talk about DeFi as hype but you have to be able to take advantage of this to be able to make a profit, it does have a big risk but you can see the various DeFi coins that have entered the Binance exchange, and it seems impossible if bad coins enter the exchange Binance, so there's nothing wrong with buying a few coins with your capital, after that, wait for the price to go up and take a fresh profit before the price goes down again.

It is better to read and understand how the Defi system works and help to understand that it was different in how ICO disappoints us.

https://academy.binance.com/blockchain/the-complete-beginners-guide-to-decentralized-finance-defi

This a reason why we call it revolution and having this new system will help to minimize the risk involved. People trust the system and make it hyped. However, the current situation will never be like that forever, not it takes so long and sees the surge will be kept like that. It soon to calm once the demand stabilizes. It is for now since the system is newly launched and people are eager to try it which I believe as worth trying.

It is good to see a new and good financing system that joins the crypto list, so that any investor has complete freedom to choose what he wants to invest his money in. Each system has its time and hype, and even with DeFi projects, there will be projects that will succeed and give a good profit return, and there are projects that will fail or turn To a scam, that's why I see that DeFi is very similar to the ICO with its risks and great profit advantages.

At the moment, DeFi very much attracts investors in the cryptocurrency sphere, and it is now possible and even necessary to make money by investing in DeFi cryptocurrency projects, so there is no time to waste, but you need to act.

I have an idea, why don,t on this thread we put few defi here as a list i,ll put it on table, so that everyone can see this & take profit also

& it would be crowd based opinion, so that chances of scam also would be quite less

Soon dozens of projects will come out cloning each other. There will be many scam among them

I know what a HYIP is, but I still don't understand how the price can increase from $35 to $39,000. Now 2 forks of the YFI token have been made and one of them is already trading at $ 8,000 (YFII). And this happens at a time when there is no working project behind YFII at all.

As with the ico boom from 2017 there will be a some legitimate tokens but again few and far between. DEFI does have a lot of potential and use cases but right now a lot of these tokens seems to have the mechanisms of ponzis. That's not to say you can't make money of it but people need to remember how the ico boom eventually faltered.

for sure various projects would come as clone but my idea is everyone who were reading this thread can put favorite projects here & we can put voting on it & maybe invest on it if they think its worth to invest

maybe you have a point, because this is still the beginning, however defi coins have been around since 2017 but it is not as hype as it is now or is it because of the current pandemic and economic crisis that defi is rising and trending, I don't know for sure but if indeed a new innovation will certainly last and growing.

Could anyone assist me how to buy UNIFI coins. And which of two is the better one?

The same hype happened with ICO, IEO, and now Defi. It's still too early to say and the hype is still on. The prices on the DeFi project jumps massively and is not considerable as healthy. The reward is great but the risk is really high. That is why be careful when you are joining the hype. It could lead to the same fate as what happened to ICO before.

we ? maybe you only because your good at investing but for me im not an investor so i dont experience to earn on those ico . for other investors not all feedbacks i heard are positive but there are also people that have a bad experience on investing in ico .

 i dont think these people will repeat the same mistake what they did on the past so investing in defi will be a big no for them .

It is just the same with ICO the only difference is the existence of yield farming projects. Most of those ICO before are based on platform, but now lending, staking and many more are on the hype. I wonder what would be the case of this hype in the end. Either we gonna go to the bull run or will be going back to bear market.

If this happen, this DeFi hype will be just like 2017 ICO.  The moment scammers flocks in to imitate DeFi project then many investors will stay away from it just like what happen in the ICO hype where lots of investors lost their money due to scams.

---

Every trend will come to its end, just like what happen to ICO craze of 2017.  Sooner or later DeFi hype will wane and a new trend will appear.

I have checked the UNIFI coin and the coin is only available on the Uniswap (V2) exchange other than that it does not exist, because on the FatBTC exchange there is no volume at all, so you can only buy it on the Uniswap exchange (V2), for more details you can access the two links that I provide here:

https://coinmarketcap.com/currencies/unifi/markets/
https://www.coingecko.com/en/coins/unifi#markets

Hello, thanks for reply. Are you sure we talk about same coin? I think first and second link has different coins and after all i am still not sure which is 'the one'?

I am trying to buy it on Uniswap but it says not enough funds on it and transaction failed. I try to reduce spent ETH's but not successfully....

I think Defi is not just a hype in cryptocurrency, it has real use case too.
In 2017, ICO hype was gaining many interested parties and causing cryptocurrency market bull running.
But unlike in 2017, i think with Defi platform, people now can using stable coins in crypto on defi platform without afraid to lose the coin value because the value of stable coins won't change.

Many Defi projects have been successful and bring a lot of profits to investors, I recently saw the SUSHI project and it has helped the investors to have more than 20 times profit. But besides that, there are also many scam projects that cause many investors to lose money, the price is reduced hundreds of times in just one day. So always be careful because the more the profit, the greater the risk

Who knows as the hypes still on, but probably there's a big chance that it will ends up suffering the same thing.


If you understand things around crypto market, riding with the hypes and taking advantages of the situations will
bring good amount of money, just make sure to ride safe and be wiser take your chance the same thing with how you
deal with ico's hypes.


You did it well then, just keep moving forward and be positive with what you are doing. More luck

Calling defis revolution now is not a big thing.
I mean these defi projects have been around for years. It is only that they are getting attention and recognition now especially after success of projects like uniswap, aave and synthetix. I think there is long way ahead for defis to prove themselves and in coming years we will see even more innovation, infrastructure, products and revenue models in this category.

Obviously Defi is a lot better than an ICO because they already have the product and can use it right away. That is why so many FOMO Defi people in this market and it helps many investors to get profits, the price even goes up hundreds of times after being listed in exchanges.

The Defi hype are still on but it still cannot defeat the era of Icos back in 2017.. Where all buying tokens even a shit one. Defi has being so hyped lately and i can see the clone are popup so fast right now as they want to make an easy money from the Defi hype which is has no values at all. No project to be offer just a copy paste from other project.

Defi has only become popular in the last few months, so in the near future I also believe there will be many bullshit Defi projects coming up in this market and trying to steal money from investors. In 2017, investors had no experience in analyzing projects, which is why there were many scammer and many people lost money with it

The DeFi direction itself has a number of advantages, especially now that more and more crypto platforms are becoming like ordinary centralized projects. But that doesn't mean that all DeFi's are. I've noticed that many platforms are trying to claim the DeFi title, which immediately raises a lot of doubts. I would not rush to conclusions about DeFi, but simply studied this direction in more depth and, based on the information received, I joined one or another project.

Hopefully this hype will last for 1-2 years to make this market grow strongly. If it collapsed too soon, the market would fall soon after. Besides, Defi is also safer than ICO so investors will be extremely excited to invest in them.

ICOs were definitely big but the context was different because even now icos/ieos and other fundraising methods are surviving well. Recent defi trend is different and serves a purpose which masses need. With its transparency and universal service defi can become the next big thing in the tech world but right now it is just getting started and future is bright.

All projects are formed to make money as well as Defi’s but just like ICO hype you really need to understand what you are buying because definitely some of them may succeed but most of them might fail. I just hope that investors are aware and learned from 2017 ICO’s hype and more mature in choosing their investments.

when i hear the word hype , first thing come to my mind is short term . 1 to 2 years is already long if this only a hype but guyz im not a basher here and im not killing the joy of those who love hypes and defi but thats only my view with them  . you guys can keep on investing if you wanted to because what more important is that you enjoy things while it last  . some few ico still survived till this date and if defi is really like an ico , defi enthusiast should be happy because it means that this isnt just hyped .

The technology has without a doubt potential but we must understand the potential is not going to materialize overnight, at best it is going to take a few years before we see the full potential of DeFI projects and what they can achieve in the future, but this means that all the hype  we are seeing now is exactly that, so unfortunately the majority of the coins being released now will disappear and many will lose their money, so in that sense DeFi will suffer the same fate as icos did on 2017.

One thing I found out about the cryptocurrency industry is that there are time and season for everything. Defi tokens seems to be in the limelight now, and I'm not surprised because I know that it was exactly the way it was in 2017 when ICO's were the talk of the year and people some persons made substantial gains investing in ICO, though others lost as a result of the scam projects which were also very rampant.

Completely agree to your point. for sure it have same fate until it collape take good profit from it

Here is my before and after thoughts about DeFi projects

BEFORE

DeFi is different from ICO completely because it's crowdfunding vs utility that's pointing to Decentralized Finance and it just got popular on its own, getting better than centralized finance now, investing in DeFi projects is futuristic investment that will bring investors huge profits.

AFTER

Well eventually DeFi will end up the same way that ICO ends up in 2017 and many DeFi projects will die and bring huge loss for those who are too hooked with DeFi because there are too many fake DeFi projects riding DeFi hype only, be careful and do very deep research on any DeFi projects you want to invest money on.

As much I hate to say this, DeFi will eventually lost its hype just like IEO and ICO back then but the main reason why ICO dies out because the scam is too rampant then come IEO that offers more security but eventually there's shady people who trying to create shady IEO by making shady exchange. but, DeFi is different than ICO and its utilities is what promises profit of an investment. But well, let's see what will DeFi ended up become.

I think defi is a new bubble which will burst and leave many rekt

This, at the beginning when icos were first introduced in the market we saw many good projects being developed and that is why that form of funding became popular, but what happened? Scammers noticed this and began to take advantage of people and it is exactly what it is going to happen to DeFi projects as well, the first DeFi projects were good and as such they generated profits and people wanted to be part of that and scammers obliged, so sooner or later all of this hype over DeFi projects will end.

There are a lot of projects that are not Defi but they are trying to add Defi to their project, it makes me feel really confusing because it will make their project much different from the idea original. All for profit and want to gain interest from investors

It's some kind of revolution, but be aware as we had many scam ICO's, we will have many DeFi scams too. It's how it goes, but we will have something good that will come out from this madness. Some DeFi projects are really good and they will survive in the long term, as we have some coins that started with ICO and now they are big. Just don't invest in any DeFi, do some research, and try to trust the top ones.

With the owner of Sushi withdrawing over 20k ETH worth about $8m it is a sad thing to Defi. The completely genuine one are taking the hit with bzrx losing over 1$ to hit back at 0.5$ . I see the whole hype fading away soon.

Yes, I agree with you. The whole hype is fading away and people are learning the hard way. Moving forward, everyone will be more cautious before considering any DeFi. On the other hand, I think this saga will put to test the DeFi projects with only the genuine ones surviving the waves.

Hopefully, this is the course of action for Defi and there will many good Defi projects come out from this overhype phase like it was to ICO. Though I worry there is a certain threshold for Defi scams that if it was too high, a crash could leave a strong impact on both Defi and crypto market.

Do you still remember how the crypto market was after the ICO crashed with Bitcoin going as low as $4000. We should learn a lesson from it and don't fall FOMO to Defi scams so it won't leave an unhealthy mark on the market.

This is a revolution, but we have to remember that the current defi project, some of which come from ICO project, and the project that actually brought a revolution is the DeFI project which was just launched this year, but unfortunately currently DeFi trend is often misused because there are too many new DeFi projects that have been launched. recently held tokensale not reached several months already exit scam.

It can't be simply to judge but seeing many of the projects involve here, it also leaves the idea that we are likely the same situation. A lot of not known project gets hypes, that was pretty amazing but I suppose not to buy this show because it is actually different from the normal event.
I believe that Defi is just a tool to trick people but not a tool that helps to make the market more sustainable that we are looking for.

It is true that DeFi projects are the best choice for investment right now, after the ICO / IEO hype. You can see that almost
all DeFi projects in 2020 have experienced hype, but unfortunately DeFi projects have no real use cases. Therefore, the current
price of Bitcoin dumps, affecting the price of DeFi projects in markets that are dumped too. But that doesn't mean investing in
DeFi projects is bad, we just need to take advantage of the current market situation to buy some potential coins, including DeFi
projects that are still good for investment, especially for long-term investments.

I think it's been exaggerated and defi market is in some bubble, some kind of temporary hype that will burst sooner or later, there was some other technology before that like POS or DPOS, and now its Defi time, next year would be something else, but it helps market grows.

DEFI is truly a revolution in the crypto market, by locking in liquidity and benefiting from loans and loans. Some older DEFI projects are demonstrating this model's effectiveness. Younger DEFI projects offer higher returns and risks. Copying the code and anonymous DEV teams have resulted in fraud and value manipulation. We need to be aware before investing in these projects, it is not that high and fast returns are good, and most importantly safety and certainty.

Do you have a link to that news? I tried to look for it but I could not find it, however if true it is very discouraging and it could explain why sushi has collapsed and lost 65% of its value in just a week, people need to be very careful it is easy to let yourself be dragged by the emotions in the market but you need to always ask yourself if what you are seeing makes sense, and if it does not then you must be aware that this cannot continue forever and at some point it will end.

In my opinion Defi is not a new revolution other than ICO, actually in the same year or when the heyday of the ICO started, people were interested in taking advantage of investment through ICO and then Dorrrrr. Well, now you can compare it to Defi, after seeing the insane increase of the Defi coin, most investors are interested in taking part in it.

Not sure it's revolution I think it's more like following concept, next development stage. Not hype, more like long term investment.

for me personally not. the truth of Defi is sheer sensation. this will not last long, the crypto concept changes over time. If at another time some new types of programs appear that can attract the market, the hype defi will be abandoned. of course investors follow market trends.

Current DeFi projects are not as popular as before, the DeFi Project will only disappoint those who don't know how to do research. the strong use case and utility is why we choose coins or tokens and keep them for a very long time in the hope they will grow bigger one day. if you want to take part in DeFi then always consider it a thousand times!

Yes I have heard a lot about Defi and it stands for Decentralized Finance, and it was created to offer more efficient, secure and decentralized financial services to users, wherein the first Defi projects were true to their goals and hence kicked off the hype, a lot of others which came afterwards were just there to leverage on the hype already created to defraud people. In addition, I think DeFi have some good uses cases, at least it was this use case that attracted the investors to the first sets of DeFi projects hence causing the growth we are seeing today, if there was no use case I don't think it would have grown to such an extent, but as usual only few are with use cases, others are not. However, about investing, I would not advice anyone on that, because it is a personal decision; but if one really want to, then he can get started with the old ones to really understand their concept and thus will enable him to decide on the type of Defi projects he want to invest in.
Lastly, Defi isn't causing any revolution in my own understanding so far, because the growth was only witnessed within a few months and now the hype is already dropping. When we talk about revolution, the likes of Bitcoin, Ethereum etc comes to mind.

One thing you perhaps could watch out for is the not many first DeFi coins, yet be cautious about putting resources into them too. Ordinarily, it's the initial not many coins that kick the promotion off. DeFi Community may not generally be required relying upon their venture odes yet we should even now consider that there are as yet numerous that are a great idea to consider like Chainlink and Bancor.

DeFi projects are just a new direction in cryptocurrency development.  It must be further developed and deepened.  There is still a lot of practical work to be done in order for individual projects to bring additional conveniences to people and be in demand.  Of course, this is new in the world of finance, but it would be wrong to call it a revolution, if only because a relatively small number of people will use DeFi services.  In any case, it takes a lot of time to attract people's attention to them.  As always in such cases, scammers want to take advantage of all the new ones.  Therefore, along with good projects, as always, there will be fake ones.

Why is it more suitable for long-term investment? while everyone cannot clearly predict what the future will be, will that development continue without any obstacles?

How do you see a great opportunity for the market? while some people just got to know DeFi this year even though DeFi has been in development for a long time, although not immediately hype at that time.

Defi may have started in 2019 but it is pretty clear that the coins that people consider Defi right now all started max in March 2020 during the stockmarket/BTC black day crash. It is still not clear if any of thse strong coins will be around even after a year. I would just stay away and stick to good old BTC.