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Personally i would weight because it has shown multifold gains just like straight line up which is kind of un natural so i expect bigger and deeper correction.

I think YFI has been hugely manipulated, otherwise you can't see such huge fluactuation of $38000 ATH from $35 within less than 2 months. It has got huge hype, I think It is way more over rated and should be avoided.

I will not be getting into yfi for two main reasons.
It still looks too over valued to me.
Secondly, i am not going to invest in such highly price coin. I just feel not right about it.

That is what i,m thinking but i was also in impression that it goes high upto $38k, then if we purchase on 5-6k then there must be quick profit chances

YFI is an over valued coin right now and you must try avoid investing in the YFI coin. it can get dumped anytime. Almost whole of Y family coins have been facing very big downtrend and i think that the real YFI will be also following such trend. The bullish will never remain forever and you must know that.

You are taking a very big risk for your money if you are entering the YFI market right now.

Infact not only Yfi there is around 7 to 8 coins which was nearly at price of 8k to 12k

YFI is a token of hype and it was done in a short time. I'm not even sure it's worth investing in, of course this is a big hype that a group of people has created and it's better to avoid from now on.
There are still coins worth investing in, for example bitcoin as the main coin and in your future investment and some other altcoins that have the same potential as bitcoin.
Do not be influenced by large increases, it can even be a trap for those of you who want to invest now.

Too many YFI and you need to be careful with those. Don't invest everything based on hype and what you've just heard. DYOR.
Many of those YFI were copy cats and doesn't look serious with their projects. If I'm about to invest into a YFI, I'll choose to invest other altcoins than those.

I think this is one of the most created thread in this board, and has been discussed to death already:

• YFI is new Gold of Crypto world (https://bitcointalk.org/index.php?topic=5269856.0)
• YFI and YFII (https://bitcointalk.org/index.php?topic=5272881.0)
• Yearn.Finance (YFI) hits $28k (https://bitcointalk.org/index.php?topic=5272419.0)
• Be careful with scam copycats of YFI (https://bitcointalk.org/index.php?topic=5272213.0)

manipulating a currency's price has been the trick in recent years since ICO / IEOs started getting crowded...
The point is that YFI developers only want to make a fuss when DeFi is HYPE, if you invest in YFI then you must be prepared for possible losses in the future. don't you FOMO on YFI because it's all pure price manipulation.

Overvalued project with no working platform yet. Check their products and you will see that they are still in beta up until now. So there is really no logic why they have very expensive price of this in the market. Won't touch this project if I were you. Manipulation is real on this platform. Stay vigilant on this kind of hype.

https://i.postimg.cc/nr9H4FmN/Screen-Shot-2020-09-08-at-7-00-20-AM.png

Right now I will say either keep your money or just move into other project and right now with the current market situation I personally think that most coin you will pick will make some profit for you in the long run YFI is way to high and is likely you cant afford 1

WOW ....YFI ...
Yes of course, they listed in indodax and close to 500m before price go down right now.
And if i have a lot of money, i never buy this coin although this coin is trusted. For me, the price too high.

This is a crap coin with so many gimmicks to create the hype around it before. Avoid to deal with this coin if you didn't wanna see your money will be robbing by the whales who have bought this coin at the early pump.

The whales are accumulating more and more money from selling their YFI. Forget this crap coin and invest in another legit crypto. You have a lot of options like DOT which has a fully working product.

This is only an experimental platform.

Ignore it, buy bitcoin and hold it till next year. In the next year, you will be able to double your balance.

With YFI or any others you will have more risks of loss than probability to double your balance. The party of YFI has gone.

https://messari.io/screener then you can choose Metrics and Filters: Down from ATH. Take your screenshot of DeFi token price. Do it again next year and see difference of changes.

Just careful to invest yfi know.
I think now yfi price is now likely to be near the peak.
But, if you want to invest i think, don't invest with huge amount.

I don't know much about the YFI project. But for short profits it might be good. And unfortunately now the YFI price is high and is currently still correcting. To enter now, it might be too risky. Wait for it to keep going down and after that enter.

A good example of whale's play , The project was neat and new but not for a 1000x in a few months, I wish I bought some of that when it was around 38$!
now the price getting more stable as whales shaking off their hands from it .

Woah let me check out these  ???

I don't know, I think the price is really high. to be honest, I never saw this coin or token before. however, when the price got really high, I felt that it was extraordinary. yeah, but I don't know, until when the price can be that high. I'm pretty sure the price will drop one day.

Many of the defi project have seen are overhyped and some have even deteriorated in price with little or no hope of the price risen again but YFI is still much better. Maybe because it is listed in big exchange such as binance but the recovery rate after the recent market has been OK. The token is still maintaining a decent price of 20k so if you are someone that like taking risk, then YFI is OK. Hopefully the bearish market doesn't continue.

Maybe because YFI was the first, but I honestly don't know if its price is right or wrong.
I would not launch into an investment without understanding how it works first, it becomes too risky.
Look at AMPL, I have not yet understood this stable which is not stable

Andre Cronje, who is the founder of yearn.finance in its article on https://medium.com/iearn/yfi-df84573db81 says that YFI is a completely useless token: "There is no pre-mine, there is no sale, no you cannot buy it, no, it won't be on uniswap, no, there won't be an auction. We don’t have any of it". But obviously under the influence of hype around DeFi, the price of the token has become higher than the price of BTC in just 1 month. I consider investing in yearn.finance very risky at the moment.

There is a possibility that this is the result of price manipulation by several whales that were cooked by the media to go viral. The total supply of YFI is only 30,000 and the initial price is only 35 USD, which means that token monopoly practice could occur in the YFI ecosystem. It's a possibility, I don't mean to attack the YFI community.

The existence of DeFi this year is also increasingly popular, and almost all ecosystems connected to DeFi have good prospects and are very promising in the eyes of the world's crypto community. This is because the confidence level of everyone who knows DeFi is very high.

Everything can happen in crypto and nothing is impossible, for that we need to be careful because many are playing to take advantage of people's inability to do something. and it often happens so that it also needs to be scrutinized and paid attention to properly. the possibility of losing money could happen because you were tempted by a fantastic price. whatever it can be experienced and happened, not only because now there are many issues about YFI being discussed.

I do not and cannot fully trust Defi because it is still too primary to be able to determine whether it will work, what's the difference when from ICO being changed to IEO the result is the same, at first it looks good then back to the past, what needs to be changed is not a good system but the operator / people who do it. if the etiquette is not good it will be the same in the future.

I would not invest in YFI token, the price is very high, but I locked a few stable coins in the vault.

No need to think about it, YFI has a small supply and its price is fair but if you're going to invest just don't cry later.
Most of these bubbles will pop soon.  Just go with the flow.

DEFI is the future, some coins will survive, I would buy but not today lol bitcoin is taking a dip. I bought some FFYI yesterday on uniswap: https://fiscus.fyi/ great coin they are trying to solve the cross chain issues. So stake but not only eth. Still a low cap coin!

Yearn.finance is being manipulated and exaggerated to the extent necessary. It is not possible just because of the way it works and supply is limited to 30000 YFI that its value is pushed up so quickly. Currently, YFI's circulation is 29967, with only 33 tokens remaining. I watch how they handle the situation of fully exploiting tokens.

You should know about the economy 101. I think that this coin is not getting manipulated as everything that has been running by the developers of YFI very transparent to the traders or users. If you are judging from the low supply and iy sould not be a strong reason to say this coin was getting manipulated by the developers.

How are they exploiting the token while there are so many eyes always watching this coin? it's quite difficult to happen.

Many users have stated YFI as manipulated. If this growth has happened to the peak and drops to the low bottom or to some extent, then we can state it as a manipulated growth. Here the YFI market situation is completely stable. At times there is marginal fluctuation. To the low it has fallen close to the value of $20000, and in a short it has recovered reaching above $27000.

For now it isn't good to invest on yearn finance in my view, because it has marked its peak value. We don't have the assurance that the growth will happen forward or drops, if the market crashes what we experience will be a drastic failure or loss of capital. So, it isn't adviced to invest on YFI at the moment.

The YFI price boom  surpassing Bitcoin prices in just a month after launch has shown us the possibility that anything could happen in the current crypto world, but what we need to realize is whether the YFI bubble trend will continue for a long time or it may be temporary. But for sure YFI is currently a pretty good short-term investment in my opinion, but don't try to hold it for long enough because if the bubble bursts the price will fall uncontrollably.

There are a lot of good and transparent things but the value is still inflated, if you remember by the end of 2017, there were tons of cryptocurrencies that increased in value and then quickly plunged. Divide 10, divide by 20, and more. How can we know their exact value?
Even the founder insisted that YFI was not worth it.

The current price of YFI doesn't seem normal to me, it's got too much hype. Investing in YFI is very risky at the moment. I firmly believe that the price of YFI will return to normal soon.

YFI has been resounding in the news lately as it has overtaking bitcoin in price. The last time I checked YFI was trading above 2 btc. I'm sceptical about the project and would rather see how it happens that invest my resources. The token have only 30,000 tokens and its possibly owned by few persons, who could swing the market since they hold the strings.

i don't know because almost a year not following crypto news,I was surprised when there was a token whose price exceeded bitcoin for me it's quite interesting, but I'm still really not sure YFI's price will get more expensive in the long run for me the price of YFI is very risky.

I really do not see it anymore than what it is, just another project that I am not interested in, there are tons of projects out there and everyone thinks that one of them is the next big thing that they will make a ton of money but in reality I do not see any of these the next big thing that will allow you to retire early. Forget about those type of situations, just focus on the bitcoin and ethereum and those type of known and trustworthy coins and that's enough.

You know why I love bitcoin? Because it is so decentralized that there is not even an owner or a team, anyone can make changes but as long as community doesn't pick it, that is not changing, which means one person can't do anything, all these new projects have those people that has power over the project which I hate.

Have a look at YFI's performance in the market for yourself, it can be concluded that it is extraordinary. Typical DeFi project hype this year,
happened to YFI tokens too. Even though YFI's new projects have shown excellent potential, I as a holder is very satisfied with YFI performance.
Even now, the YFI pump price is 21%, so I will hold YFI at least until the end of this year.

A very interesting token, a small total supply, but the price has already increased very much, although this does not prevent it from making +30% per day.

This could even help yfi to achieve 50k target, for sure if It list on Coinbase

I really agree with what you said and now there are more and more learning media, which means there are no limits to learning something so that when you are looking for information, you will know better than before because you want to learn something that you just know.

The price is actually dumped now. It almost reached 40k and the highest ATH it does. What worries me is if the whales accumulate almost all of its supply. Probably the price could increase due to hoarding but guess what? Some tokens have low supply but sticking them on your wallet wouldnt let you earn passive income.

Thats what people like YFI cause its a new system of yield farming and many benefited from it. Aside from its value you earn from its protocol. Very nice introduction by Andre actually.

yeah, it reached 40k, but there is a lot of rise on these values as well, i would like to see Crone at the moment, he did not reserved any token for himself, and YFI reached highs in a month, some earned a fortune, but many lost money as well
it was a roller-coaster ride for a month, now one should wait for next ride

YFI came to limelight after the value increased exceeding the value of Bitcoin. I learnt that YFI was listed at about 90$, but in a space of less than two months, the value rose to over $30k. The major reason for this level of increase is because of the low supply of the tokens. I learnt that the total supply of the tokens is 30,000 and there was no tokens sales. The early holders of the token earned it from providing liquidity for other yearn finance tokens.

I will wait for another version of YFI, at this price it is too late for me to get on the train. My only fear for new YFI is scam, I believe some scammers will be looking in that direction. Copy the roadmap and whitepaper then adjust few things then through it. Defi are crazy lately, some dont even need investors, they can get going and make crazy profit for any holder. So eyes should be wide open

First, don't be attracted to what happen to its price in the market. Let me share to you something, I have seen a coin listed in yobit on the first day until its first week the volume was crazy moving to that platform until it reached the higher peak price was 1.9BTC something each token, then after 1 month almost the price went down little by little until more months came up the continuously dropped until the price went down into zero satoshi and no demand now, so it can happen also to that one.

I am not so sure about that, the coins only get pumped before getting listed on coinbase and after getting listed on the exchange they just loose their value in a matter of a day or so. So I assume the same is going to happen to YFI as well and we can see a good dump in price after it gets listed on coinbase.

Eventually all the altcoins have a lifespan and they perform very well in the start of it and then mostly tend to die after a few months and only a handful of them survive after one year and we all know that only a fraction of these survive after lets say 5 years.

 I consider investing in yearn.finance very risky at the moment. I was surprised when there was a token whose price exceeded bitcoin for me it's quite interesting, but I'm still really not sure YFI's price will get more expensive in the long run for me the price of YFI is very risky.

Regardless of your belief in the price of YFI tokens in the future, but you are currently seeing the fact that YFI tokens have a selling value that is twice as high as Bitcoin, even though there is a very big risk if YFI later experienced a very large decline.

I'm not sure but the self farming mode coins are relatively new and there are many types that mimic YFI, I'm not sure but the choice is still yours, if you really want to take the risk, please buy but don't keep it for a long time, and buy when the moment is right for example, when the market just rises again when it decreases because what I see defi still dominates the increase when the market moves up.

There’s so much new project these days, and this yfi I think you have to be careful investing. Imo it's a huge manipulation and of course, a lot of people invest in. Let's also watch out in the coming months if this project will have an improvement.

there are some people already stuck in this coin. everyone must be careful. although all cryptos also carry the same risks, DeFi's current popularity is prone to scammers. some of the other new projects we should look at carefully.

The price of Yearn.finance keeps on increasing, and as of now it is ranked as the number 25 asset on Coinmarketcap with a market cap of over $900 million, and a price of over $30,000 (before now it has been at $29000, just checked back now and the price has already gotten to a higher level). It has been something DeFi this year they have all been trending and their prices are increasing on steady.

The question should be what follows next and when? As for a correction, that will possibly take place, but we can’t tell when it’s going to be exactly. So, if you’re planning to invest in it, you should be careful and invest with little amount in case things turns out to start falling.

Now the YFI token has already risen to 23rd place in the CoinMarketCap table with a capitalization of just over one billion dollars. However, the price has dropped to $ 34,429 and is down more than 14 percent. Given that the number of tokens issued is very small at 30,000 YFI, the price can be manipulated very easily. Personally, I would not buy this token at such a high price anymore. And holding it further is very risky.

though the supply is very small, yet i havent seen any working product yet of their platform. if they can manipulate this project without having active use case at the moment, then theres something questionable about their true intentions here. the price drop is very imminent on this one. so not really a safe option to venture with.
 my first impression on this Y project is something that they are running a bogus business here. stay alert!

If we would talked about the price of YFI, this price is created by the hype of the defi thingy, it's quite amazing that this coin could surpasses the Bitcoin price. If you asked if it's worth to invest into it right now, i would say it is not a good decision, it's better to invest into other token/coin because of the price are already way too high at this current time.

It is just a ponzi scam like russian miner coin RMC reached 100k$ then dumped to 600$

YFI is kinda risky. Its bullish run is so unnatural you would think that it is manipulated and personally i would think that. You cant win on something like that, it might get dropped any time soon.

Yes, what you are saying really makes sense that YFI tokens are very risky, but if we look at the supply, then it is also very natural to happen because the supply of YFI tokens is very small, and some people including investors have made a lot of profit through tokens. This YFI, although in fact they are also afraid to buy YFI because they remember the same thing as you said, they still take advantage of this condition to seek profit through YFI.

its low supply could be the reason why its price sky rockets so much and its low supply is also the reason why its in demand because theres people that also look for the supply of the coin to see if they will buy it or not but i didnt knew that the coin was one of the early defi coins because i just heard the coin lately and it arrived like it came out of nowhere  . theres other defi coins that i know before this but this was the coin that only became so popular due to its bloated price

Already overbought. You pay for 1 YFI token more than for 1 Bitcoin? It doesn´t make any sense for me! I know that it is due to low circulating supply, but when you think about it in a long term. Your 30 000USD investment would be much safer in Bitcoin, right?

YFI prices have risen sharply in a very short time. At the moment it is the 20th resource on Coinmarketcap and is priced at over , 39,500. I think investing in YFI should be avoided; After any time its price collapses. We should remember that the bullish hype will not last for years.

No doubt YFI has created waves in the market by coming up with unique tokenomics and small supply, i hope their platform and services will be equally good because i have not tested any as of yet. The model has impressed many already that is why we see continuous copy cat projects popping around.

Today, the price of the YFI token has risen to $ 39,870, although in recent days there has been a slight decrease in its price and capitalization. It seems to me that those who manage to fix their profits in time will win. We have not yet witnessed such a huge rise in the price of the token. It is very strange for the cryptocurrency market to see a token that outperforms bitcoin by four times in value.

The CEO of BitMEX said that YFI is going to reach $100k, and so far his prediction is looking pretty accurate.

It just touched its all time highest value of $43,000 a few days ago while the rest of the market is trading sideways or struggling to recoup losses.

https://www.coingecko.com/en/coins/yearn-finance

I think that $100k is certainly within the realm of possibility. I'll buy a decent bag on the next dip (if it goes under $35k).

This guy will not be deterred by case of YAM before which made his reputation a little damaged, and now he is doing it with YFI I don't support his theory but if we see YFI still has potential to achieve more value because the supply is still very supportive and also DeFi hype is still there not uncertain in the near future maybe YFI could reach $ 100K early in the next year, but I would rather buy another DeFi token than buy YFI.

It is kinda funny how people be investing on something they don't really know, they just ride the hype coz the time is very unusual for the bitcoin to be stagnant on its price right now. YFI has a huge price value, valuable than YFI but the question is why? why would people buy YFI whereas they can't use it anywhere. There you'll see how people are deceive, the crypto market is being slowly build by ignorance.

Anyways, though YFI cannot give you any goods but short term investment, jump on it  ;D

You are absolutely right, ignore it then buy Bitcoin!!  since the first time making the market fuss, I have been very sure that yfi is just a speculation token.  regarding the trading volume, I am not sure it is real, most likely they have worked with many people to make the value continue to increase (create a scenario as if the market demand is high)..

Well, we've noticed YFI token gone from $31 to $43000 in roughly 55 days. YFI has been immensely manipulated, that's correct but the question is, this one gonna quick crash? I guess it won't crash too soon. Slightly late get to the party so I don't hold any.

Despite all the hype around this token, YFI showed the entire cryptocurrency market that the price for 1 token can be higher than $40000. This gives market participants psychological confidence that the price of bitcoin can reach a higher price than $20000 in 2017.

If you can accept the risk of investing in yfi, then you can try to invest now while the price is down a lot than the last high price.
But you need to know that the market is too volatile and depends on the bitcoin market. I think yfi have a fast move right now because bitcoin price is not moving so fast.
You need to analyze the trend of yfi, so you know when the right time to buy yfi.
Otherwise, you can get yfi at a high price, and that will make you wait for some time.

That makes some people want to buy yfi as soon as possible before the price goes up higher.
I think many people are now trying to buy fyi while the price still at a downtrend.
But soon, the price will start to rise again.

It would be very easy to manipulate the coin because the supply is quite low and as it seems only few persons holds a substantial amount of the tokens. The value could easily drop if these persons choose to cash out.

I will say some facts about YFI:
- It is another DeFi project (first ones I think) and the DeFi hype is there so you can probably buy at the top and then suddenly the coin go down like what is happening to it already. Going up and then going down very hard which makes the dumb investors panic and sell it at a loss. You might be like them too.
 - Low supply (only 30k). The coin can easily be manipulated by just a group of rich people or huge institutions.

To answer your question, there are many more worthy coins out there to choose. For me I will avoid this for now and will pick another coins. If you want to ride the hype then you can but know when to entry and exit. Good luck.

Those who believed in this project earned well. In General, the situation now resembles the cryptoboom of 2017. Many of the DeFi projects show very good profitability. YFI is one of these projects.

Agree.
Think there is still huge amount of profits to be taken thanks to this coin.
With the coin now falling to 23k$ while it was still at 34k just few days ago, there is still potential for a huge bull run so if I were people, I would buy it now and enjoy a new ride. :)

The late adopters of this coin have no room to generate a lot of profit like the early adopters of YFI. The price has been getting dumped to the 24k again after the last rally to the 34k or even more and is not it mean if the bearish signal coming for YFI?

I have the same thought like you to put more money on this coin but it looks like i must be more patient caused by YFI can go even deeper than this rate.
It may happen very soon.

I must admitted this is the first time i have heard about the YFI coin,so i go to coinmarketcap to check YFI information,it was so astonishing me,how a coin could up to such price,except BTC.Obviously,for me,i am definitely not investing in YFI,due to its high price and unfamous.

According to a source from coingecko, YFI has exploited all of its tokens and since last week until now, the deposit in DEFI YFI has been withdrawn quite a lot.
The value of each YFI token has plummeted to $ 23,000 per token. I wonder what they will do to keep the project going once they have fully exploited the project's tokens.
https://www.coingecko.com/en/coins/yearn-finance

I think personally I will not enter YFI for now because I don't know much about this project yet, and the price is quite surprising for me too.and what I'm afraid the price will drop that is the reason why i am afraid of investing in yfi.

This is a project to create over hype and highly manipulated the market price of this token. This token is being manipulated in the market by many gangs and has managed to create a lot of hype. We've seen before what the consequences of such projects are and how bad the situation is, when big people create hype. So it is much safer to keep yourself away from this project.

If you can read the charts, buying now can be full of risk as peak has formed and it is expected that we will see deeper correction before the continuation of growth of value of yfi. So if you are keen you should open a buy order at a lower price.

Look, YFI had started great but what we have seen now it is likely they are ended up badly. This is the cause of hypes and for sure many investors had already loosened up their grip and sell it. I was encouraged by then to buy some but the doubts hold me as I'd never see such strong supports that hold the hypes and that's it, it was done shortly.
It finds that much better to choose those coins that have already been established well, otherwise, just making your money throw away.

But now YFI presents great opportunities for traders to get a high profit. This high volatility of YFI allows you to work with margin both long and short. But we must be prepared for the fact that the price of the coin may drop very much, so do not forget to set a stop loss.

You didn't hear about yearn. finance coin which doesn't mean this is unfamous coin. Top 28 listed coins which means something good there. Although I support your view, we shouldn't invest in this coin, the price is too high. But I'm seeing that only yearn.finance coins have the highest value than Bitcoin ( although supplies are different).

YFI seems to hurt people in terms of financial loss. The price of YFI first went up to $ 44000 and now it has reached $ 17500. One should avoid investing in such rapidly rising coins.

yearn.finance (YFI) good project. Teams is very active. But the way the YFI price goes up and down, I think it is very difficult to invest here. If this continues then YFI will do something good. But in my opinion it is better not to invest here.

Although I don't know much about the YFI project but I won't fail to acknowledge the fact that the team was active, and this activeness can be seen in terms of hype or development. My reason for this is owing to that fact the price moved to as much as $40k and thus many people made good profits, and had it been the Defi hype is still very much alive then it might be worth taking a risk and getting out as soon as possible but considering the price now and the current nature of DeFi projects, it is a bad idea to invest in it. The difference between the previous price and the current price is just too much and I don't think the price will ever rise to such extent again because people have now channelled their attention to other DeFi projects.
Hence, the project is one of the hyped projects in the DeFi space and the price dump is terrible, so focus on other potential projects.

It is unlikely that you would bring moral and material satisfaction to invest in the YFI token at its price of $ 23,000. A few days ago, this token fell to $ 14,000, and now its price, due to the general slight growth of the cryptocurrency market, is $ 18,581. In any case, such an investment would still be unprofitable.
There was information that the developer of this project fell into depression and is no longer involved in it. If this is true, then this project will soon face difficult times.

I have less knowledge about YFI.
But Yearn Token is the most valuable token in the present time.
So I buy some yLand token.

All that can be said about YFI has long been said both on this forum and by the charts themselves.
If all cryptocurrencies and the market itself are often compared to a bubble, then your vaunted YFI is a 100% bubble in its most pristine form.
The main question is whether you will have time to get out of it so that you can earn money? If you have time, then of course invest and you will be able to get a good profit, but if you do not intend to look at the terminal continuously 24/7 and react to any wind blow, then it is not worth it. This is really a real casino, and as we know - the casino in any case remains the winner.

The price of each YFI has ever touched 12k yesterday and it's the worst thing that happened with YFI. So many people were putting non sense of expectation for the future of YFI. The pump that happened before just caused by people were hyping the new defi projects.

The prediction that has already made by a lot of people if YFI was also a pump and dump coin was true. Investing when it reaches the bottom price but we didn't know when that will be achieved.
The pump and dump make it becomes a very risky coin at this moment.

Many people join YFI because it is a valuable coin today.  Before investing money, relying on my advice, do not be lazy and look at the charts of price changes, this will help you not to make a mistake in buying a coin.

Prices alerts are your friend  ;)

When asked, it was worth investing in the month of September but now, defi has been sent into grave and is worth shit. This fake pump in the price of defi tokens can't convince me that they are of any worth except that the total money locked into the project for nothing but lending and borrowing purposes.

Defi is over ( the sad story) and so YFI will be expected to follow then.
Well, since from the start of the Defi system it gives me a less(particularly no) interest in them. Maybe it was a big surprise how it gains popularity in a very short period of time but sadly, it takes a short stay and loses its momentum. Early investors have their huge gains but I'm not sure how it happens those who come late while the market is on the peak already, I'm afraid if they are suffering losses after.

Of course. But looking at YFI, you understand that it's better to save your nerves once again than to try to beat Russian roulette, isn't it? I still think that such incidents are not what you want to see on the market. Again, such things scare off new users because a novice understands that this price is too volatile

People have difference of view over the yearn finance token and on other DEFI projects that reached the market in recent weeks/months. More users have mentioned this to be manipulated market movement, and I don't think this to be completely manipulated. If this is completely manipulated then it could've gone as a pump and dump asset. It regularly shows growth as well as drop in value. Few days back it sold for a value around $13000, and today it is trading for $17000+ value.

It's not caused by YFI was a valuable coin but in fact if people can take the advantage from the dump that is still happening with the YFI. The price has already plunged a lot and that means if we will see so many speculators will be using this to make the more profit.
The daily trade volume of YFi has gone somewhere. YFI is good enough but i personally didn't like the product that has already made.

People were betting on the pnd that is still happening with YFI.

It's better to wait for a cheaper price to invest in YFI. Looking at this sideway market condition will provide a great opportunity for you to find YFI momentum at the cheapest price.

YFI has always been a bubble,it reached its peak of about $41k thats was almost equivalent to about 4 bitcoin at that time, but now it's  $17k and still dumping fast, I won't advice anyone to even invest in it  cus it's really volatile, besides there's no more hype around it, maybe that's why its has been dumping, YFI was just an overvalued project, I always knew it won't take long for the bubble to burst,so just avoid it for your own safety.

Personally i won't suggest to invest now. From the first time of overvalued, i have been saying it is hype and will blast soon. Now the investors who bought $40k rate are huge losses. An overvalued token can't be suggested for investment. We should bear in mind that a token 3x-4x value comparing to Bitcoin is a matter of thinking and should be observed before investment. You should avoid this token to invest and can wait if it goes down to $4k-$5k.

Defi venture have seen are overhyped and some have even decayed in cost with next to zero any desire for the cost risen again however YFI is still much better. Possibly on the grounds that it is recorded in huge trade, for example, binance yet the recuperation rate after the ongoing business sector. whatever it tends to be experienced and occurred, not just in light of the fact that now there are numerous issues about YFI being examined. YFI tokens is little, and a few people including financial specialists have made a great deal of benefit through tokens.

Reasons why I won't invest in YFI

1. It's way too over priced
2. Dex are losing liquidity right now, I'm guessing massive sell off
3. YFI use cases is just like HYIP, that's my own opinion though
4. Even if I have to take risks I'd wait for further price dump

Seems like people are more crazy about the YFI token price itself than the protocol itself
I guess majority of the people have no idea what YFI does and what YFI token does

Not saying that YFI token is bad or what
But i will spent my money using their yield aggregator to farm yield rather than buying YFI token itself

What can i say? Overpriced and overrated thing. It has unbelievable hype and volume. I do not trust it as a mid or long term investment. But possible to trade it because of its hype.

YFI First Defi token. Defi concept is a good concept at present. YFI's Defi's first successful project. Many investors invest by looking at the concept of Defi and the price is $ 40k. But currently its price is trading above 9k.

A significant number of the defi venture have seen are overhyped and some have even disintegrated in cost with practically no desire for the cost risen again yet YFI is still much better. Bitcoin costs in a month after dispatch has indicated us the likelihood that anything could occur in the current crypto world, however what we have to acknowledge is whether the YFI bubble pattern will proceed for quite a while or it might be brief.

With a very high increase in the price of YFI, it is very risky if we invest, don't get into the trap of the
owners of a lot of money, because by buying it now at a very large price we don't know the decline.

YFI is a defi project. The prize dump and pump rate is very high. So I fear about the volatiley of this token. Of course it is better than any other defi.

This YFI is a recent boom in the whole crypto market. This is the first crypto which is level crossed the price of Bitcoin and reached near $40,000 and now it declined to half of this highest price. Recommended that it should be avoided now for the fresh investment because of the crypto market uncertainty. Maybe the price if declined then it could hit a mere $200 like Bitcoin in the infant stage.

So there's no chance for YFI will bounce back. DeFi hype is gone, so YFI is down. Since yield farming is down and we're going to see a lot of these low supplies. It will go up when whales start farming again. Stay out of this project must be best move since it's declined everyday.

YFI is risky to invest for a long time. Because at any time these coins can go absolutely bad. Although I don't know what this project is like. But by 2017 there were some ICO projects that are now lost. So it is better to think of YFI short time. At present it is better not to invest in YFI coin. You can go to Bitcoin. The future of Bitcoin is bright. No one can talk about the price of Bitcoin. But Bitcoin can be trusted. Just as good news can take up to 20,000 from current prices in a matter of days, so bad news can go a long way.

In my opinion, YFI is not worth investing in now and should also be avoided because this is due to the turnaround cycle of YFI which indicates a decline. Therefore, even though there is a strong buying impulse, it seems that YFI's price will continue to fall. It must be reminded that 90% of Defi will fail and this is already being warned by Binance CEO and Ethereum founder Vitalik Buterin.

Your advise is better. I also think it is not correct time for investment. Investment in crypto is very difficul.  Volatility of token is the main cause. You tell to go to bitcoin. Yes right bitcoin future is better alltime.

YFI went up due to the DEFI hype and in my opinion t is too late to buy it, because the defi bubble seems like it is bursting, I would stay away from it and would rather invest in some other new projects with more potential they key is that you get there early.

It will most likely become another coin that whales will play with for a while - just because they can, expect some big swings (just my 2 cents worth).

I'm not going to talk much about Defi projects, let alone the coins with the initials (Y). there is a large selection of Defi coins out there that might be good to invest in. but my advice if you want to invest in Defi especially YFI then be careful, because half of the YFI coin price has been reduced from $ 40k to $ 18k.

Don't take this to the heart, it's just my own kind of view about YFI and few DeFi projects like it, they are all Ponzi schemes, the returns they give investors are too high, not even POS coins can give up that amount of ROI, YFI and it's kinds are all high risk investments, every one should watch out, if you want to take a bit go in with money you can afford to lose. Good luck

For now YFI doesn't look cool technically. Major support areas are low around 5k$, hence buying some at this level might be a little risky unless with some reasonable fundamental analysis. However, the market decides for itself, no one can predict the market perfectly. I heard KP3R founders are still behind YFI, but not sure. I'm holding some YFI but already in big loss, hence I have no option but to hold long term. Going by development progress, YFI has a solid project anyway, but price-wise it already pumped excessively hence this correction.

in my opinion, for the time being, try to hold it first, because the decline experienced will give a warning. I advise not to be tempted by a large popa but at the time the price of parachuting feels abnormal. This is usually done to lure investors to be trapped at a high price, and then lose a very large nominal value. even double what was invested.
always be alert and watch his movements. take the right moment, and execute according to your considerations.

Very risky I wouldn't buy if I were you.  I bought at $14K after it peaks at almost $40k but it instead drop to $8k. I'm at loss, this is because I beleive to that vlogger on youtube who kept spreading good details about it. BTC is rising up, this is just going to make altcoins bleed more in the coming months. They may be green for now but it will not go up to its ATH if BTC keeps spiking.

Depending on your own, I see it as a hype coin and of course there are a lot of risks and high returns that it creates in a short time.
you just have to choose what to do.play it safe or take the risk.
if you want to be safe just avoid hype coins like that, but if you want to try your luck in a short time, please enter.

When the YFI token recently began to plummet in price and fell to almost eight thousand dollars, I thought that it would no longer rise significantly in value, and in any case not so quickly.  However, almost immediately it began to grow again and the day before yesterday it almost reached $ 28,000.  Now its price has dropped slightly again, but it looks like this token will still live.  It is interesting to observe now its price movements after it reached the price of more than forty-three thousand dollars quite recently.  Of course, such a price for him again will hardly be achievable.

Practically entire of Y family coins have been confronting large downtrend and I believe that the genuine YFI will be additionally following such pattern. The bullish will never remain perpetually and you should realize that. I am not inspired by, there are huge loads of undertakings out there and everybody imagines that one of them is the following huge thing that they will make a huge load of cash however in all actuality I don't perceive any of these the following huge thing that will permit you to resign early.

YFI is just Yoken Defi, and you are currently defi still hype,
I think that if Hype Defi ends then fomo Defi ends, and results in many defi tokens becoming rect,
maybe YFI will also be affected.

Maybe but till the time yfi is making gud money to their investors

but can,t ignore the fact that there is huge change of being rekt

Thank

YFI may be an important one but its price is still high but there is a lot of risk for this YFI when it is so fast ahead, I may not know much about this token but I will say that I think I can get good profit from it in future, So I will not agree to anyone investing here, maybe for a short time you can get a good profit. It is your job to discover what that is and to bring it about.

Since YFI was listed on CoinBase the price has been on downward trend. It will still do well but those people that hve made money in it have already did, I don't see it doing 10X from the current price. I would rather look for project with great potential that has its market price below $20 million that can do at least 5X

I for one imagine that most coin you will pick will make some benefit for you over the long haul YFI. I imagine that this coin isn't getting controlled as all that has been running by the engineers of YFI extremely straightforward to the dealers or clients. On the off chance that you are deciding from the low stock and I ought not be a solid motivation to state this coin was getting controlled by the engineers.

Hype Defi makes new projects like YFI phenomenal, because the very high increase in YFI prices makes YFI popular,
but also takes a toll, this is how trading works, if you buy above then you can get stuck,
remember, YFI is just a DeFi coin , if you want to invest there, make sure you understand DeFi first.