DeFi honestly seems like bubble right now and really dangerous to invest. if it were me who are going to invest I will definintely strain myself into investing too much and risking too much money since it's high risk high return investment. Many DeFi projects also having some bad rumour floating around so better waiting for them to settle that first and see the situation and condition. I looked at it as a possible sea change, and being around since 2016, I've seen times when everything seemed overpriced and things just kept going up for about six months, time after time. I didn't invest much but it's fun to have a little part of the action.
yeah basically avoiding to get trapped into the same cycle all over again but investing something that we could afford to lose is not bad. |
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The brave browser itself is already popular among so many people although back then there's this bad rumour revolving around regarding brave putting their refferal link when you visit an exchange but their browser is surely gaining fame nowadays. many also have switched from chrome to brave which means the BAT token will have good prospect considering that many people also trying to earn reward by using their browser.
But before doing anything or investing you might need research by yourself because their price looks kinda pump and dump so yo should consider that. Another matter is that the requirement to claim reward quite complicated lol.
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I think it's just normal that DeFi will eventually be listed on a popular site like CMC and not to mention that it's Binance who owns CMC The Defi program is still new, Defi has indeed attracted the attention of the public at this time and many investors have taken part in the top Defi projects, plus the list of Defi Projects that have been released by Binance CZ can make it easier for those who want to choose and invest in them . but I am worried that after seeing the Defi YAM project, UBI ends with Scamed, I feel that this will still happen again with other new Defi projects.
Bro, scam will definitely be there and maybe its gonna be the same case as IEO or ICO these scammers will always find a way to sneak into the crowd and steal our money but it's us that could prevent ourselves from being scammed. I mean we could already avoid them by simply sticks to reputable platform to invest them. It's definitely a lot easier than observing them one by one and not mentally exhausting. But I'm sure that after those cases you mentioned people will learn a lot from that, though that's indeed an expensive way to learn. |
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It's actually relative whether it's too late or not. I mean, we see when the coin getting dumped they said that you are missing the train and then when the price keeps pumping even though it's already far above ETH people gonna say they are missing the train aswell. There's just no such thing as too late
because no one could predict the future more specifically a crypto market that is highly volatile.
If you are using crypto for sending money or based on your need there's definitely no such thing as too late aswell so at the end it's up to you.
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There's so many people willing to stake their coin and replace these miners. like it or not I think the miners are rather more centralized now as I see small individual mining just doesn't cut it and not profitable anymore. Also, with mining rigs you need to renew it every year to compete with other miners.
In my opinion there are many miners that willingly to sell their mining rigs and switch over to staking coin and one of many advantage is that they don't need to think about maintenance and other things.
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so many people staking this coin and they got quite the profit I really doubt that many people gonna dump their token easily though, the project also promising. so many people are willing to hold to the coin if the project is promising and although the price of the coin have multipled but the early birds aren't that many. though your analyzation might be true and it's already down to $5 but I really doubt it's gonna fall below $5.
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exactly what gonna happen when you got a bunch of random devs that comes out of nowhere. The scammers will definitely destroy this Defi thing just like how they destroyed ICO back in the days. One most important thing that I've learnt from these many scam cases is that doesn't matter how good the project in paper, how decentralized it is, if the project seems a bit random people better stay away because there's something bad waiting ahead. It's really unfortunate that DeFi is not even here for that long and scammers already swarming.
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Well, every project have risk, but not all project have a high risk.
Sushiswap is a new project, so we still don't know whether the project is good or just a hyped project.
The dump happened on sushi i think it is because the price of the coin was rising high in short time, and people who bought earlier sold them to make quick profit.
There's other more influencing reason that makes it gets dumped so hard other than just a mere correction. Yes I know this kind of project obviously bear a high risk and that's why some people like CZ giving a warning about it because DeFi project right now is carried by the overwhelming hype and not because the project is really worth something and that means we should really be careful on choosing a Defi project. |
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Blaming bad influencer is the cheapest excuse around, but as an investor you should do better. Crypto currency hype man, promoter, and influencer only say their minds, the question is do you do your own research? Do you make a decision of yours?
This are answers you have to stick to
Exactly, following influencer on a whim without even thinking twice itself is the main problem here. most of these influencer always gets benefit from what they promotes Im personal rarely believe in someone who is considered an influencer, especially if he is behind a project, it's full of manipulation I think. So I prefer to do a personal analysis with all the risks, it makes me calmer than to be swayed in things that are not entirely based on my decision.
that's called biased view when an these so called influencers is behind a project and more specifically talking about the project they're in as if they are giving a real testimony which is not true. I personally really think that people shouldn't decide based on influencer opinion because that's just herd mentality. each person should make up their own mind based on their own view not by another person or stranger's view. |
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Well i hope so. I think more people will give other coins a chance since ETH is getting more expensive as a gas price. Tho theyll have to rise against the already established ETH. But its not too far off.
If the traffic is spread equally I'm sure we gonna have a better fee cost than what it is right now. Too many platform relying on ETH making their blockchain too crowded but tbh its not their fault being the most popular platform for creating many erc20 tokens. Competition is always good and if theres new coin that could replace ETH then it's even better because we better off with many alternatives than just having one. |
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When these DeFi hype is running some people just buy anything that is called DeFi. They don't have time to do some research about the project that's why we saw a project like SUSHI, YAM, YAM V2 got investors. Now those peoples crying why those projects end up being a scam! Think before you act. I saw some non DeFi project is also shifting their project to DeFi.
Their mistakes are actually very small even though the effect is very large, namely "not having time to do research on the project" that's all the mistakes that cause harm to them, so this is certainly a very valuable lesson for everyone so that in the future they must always prioritize research in looking for profit. Not having time to do research on the project is grave mistake and not small one, imagine buying stuff but you never check it out whether it's the real deal or fake but after you received the stuff and got the fake one you complain why it's fake. Everyone want the real deal which is profit and they should do some research to get that not just throwing around their money mindlessly. Though, I do not blame the investors because some people might just don't have time to do that or being blinded by greedines, all the blame should be on those scammers who created the scam project in the first place and trying every way to convince people into throwing their money on their project. |
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a few weeks ago i saw a buyback make the price kick a little pumping, but now we see prices dropping again. So maybe I don't think this is the right time, save the kick for investing better to follow the defi project trend. they also have frozen airdrops like not wanting to give an airdrop.
The buyback that was created by the kick team was using very small amount. You must know that how much profit that has already used by the kick ex to buy back its token. As far as I know this new exchange site can generate only a small amount of money from its trading service. You should not expect something big from there. The competition is really strict these days. People were also feeling disappointed with the result of KICK ex as there was no a lot of trading volume on it. Dude, there was a mechanism to make your airdrop became unfrozen. |
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NEO, EOS, ADA, CHAINLINK, DOT and all of the smartcontract platforms that have already created after ethereum have already made their own self proclaimed to be the ethereum killer while they have no power to do that. They can't even take the XRP's position. DOT is a new thing and people are still exploring it and no need to rush to call that as ethereum killer or something that is still too far to be achieved by DOT platform. We will see whether people will migrate from ethereum or not.  |
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Another old shitscam coin with no usage since it was already created. It has been a very long time for atlant to exist in the crypto but it gives nothing to the investors,
no transparency, no development, no result, big dump in the price, low liquidity and almost zero and many more.
This scam coin is not a suitable coin to be called as a gem. You should watch it how crap this coin is.
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That needs the more time to do that as ethereum has massively used by a bunch of platforms but have you even read this article? https://education.district0x.io/general-topics/ethereum-scaling/introduction-to-ethereum-scaling/There three solutions that will be implemented to fix the scalability solution. I personally didn't agree with those defi experts. It's better if you read that article first and for me it looks like those defi experts didn't understand about what will be implemented by ethereum. The traders need to puts very high tx fees to make their tx will be included into the next block. Look at this https://blockchair.com/ethereum/charts/transactions-per-secondThe problem is ethereum can only processing up to 15 tx for a second that makes traders must pay more fees for that. When it can reach at least 50k TPS and traders didn't need to compete to pay the more fes. |
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New projects comes in different forms and they can pass your every strict tests in finding out if they are scam or not, there is no 100% guaranteed on any new projects even if you do deep research on them, they are that sneaky
Well, somehow new projects are still scams and cost a lot of people money even though they've done a lot of research. Be really careful with new projects because they are never safe The problem is there were still hunters who promoting the scam projects like ibid. There are so many awareness threads about ibid but those hunters are still promoting it. I think that this is also the critical point that will make the scam project still exists. Those hunters must be stopped |
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Doing mini research is a must, don't just look at collaborating on projects without being sure. It's need time before joining. Analysis, think then take action.
The collaboration is a weak point that can be used to identify the project. The deep research is a must before try to join in any campaign and have you seen what happened with DIA token? it was getting a lot of result on its price after the price was gradually increasing a lot since the ico price. |
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Both of them have a lot of dapps and they could both go to the sky.
Vitalik and Justin work hard to make their coins better too so i am not sure which one could be better in the future.What do You think about this ?
When Justin tweeted about Ethereum, only years ago that Ethereum pumped wasn't legit. From this time on I haven't supported Tron blockchain. Ethereum gained more than 12% marketcap when Tron blockchain lost more market cap. Until I got Ethereum 2.0 blockchain, I couldn't hold other coins. I want to see the effects of POS on beaconscan. The demand from the tron has been moving toward ethereum blockchain. It seems like that tron is starting to go down and it will be going back to the top 100 CMC. i think that's the position that already deserved by the tron platform as it's the lack of the development progress. The progress of tron is really slow. |
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Since DeFi is now the trend in the crypto space, and lots of people are speculating for the plunge in Bitcoin and other top cap coins, do you guys believe we are going to see a downward movement in the coins?
How can it be a threat when they are chained in the top coins in the market and besides they are contributing and they have their own set of rules and algo very much apart from other Crypto they just bring something new to the table to strengthen the industry and make it acceptable to other institutions. I think that when we are seeing some major coins and they have no utility usage and I can try to take how EOS has already failed to become the next ethereum and some NEW defi coins have a better implementation. Defi can be a threat for any coins for sure even for its chain that being used to build the defi too. |
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