Crypto is getting harder to predict now, in August we saw a very good pump and many of us must have thought that a bull run was coming soon but when it entered September the market suddenly bled, will we see bitcoin under $5k again until the end of the year?
Was the increase in bitcoin and some altcoins in August just because of the Defi hype? Share your opinion

Yes, Defi is one of the biggest causes of gas costs, because blockchain demand is getting denser, besides the increase in Ethereum prices itself is also one of them. because some investors buy Ethereum to hold until 2.0 launches

of course, investors because investors buy coins at very cheap prices plus they get a bonus
Moderators or bounty managers are usually paid using stable coins such as USD, BTC or ETH while the bounty hunter allocation is less than 2% and some are only 0.5%

no, I prefer to sell it when it is profitable
Why don't I hold on for the long term? because from experience I have a lot of tokens I have collected from 2017 and now many of them are worthless. so I hate long term now

of course the gas will return to normal if the Defi hype is over or a little calmer, but we don't know when that happens, now there's nothing we can do, if it only has a little value in the altcoins we want to sell we'd better have to wait a little longer

the price fell and it could grow again, if you look at the price movements of bitcoin and some of the top altcoins it looks like we are approaching a bull run maybe in a few months we will feel like 2017

yes I agree with you, now it's just hype defi and this is exactly the same as during the ICO trend, at that time the cost of gas was very expensive but when the ICO started to die, the gas price returned to normal

yes it sometimes takes time to develop, but in reality now there are many projects that are not running according to the roadmap and that is what causes investors to lose their temper. So for the "time" you mention only for projects that really have potential

well as the OP said, now very many tokens have similar names, so if you really want to invest in the original YFI, make sure you visit coinmarketcap and buy via link exchange there

Until now, if I don't have the answer, what really happened to YFI, why did it beat the price of the king of crypto (BITCOIN), is their token more useful than bitcoin or is this just hype In the history that I know, only this time the coin price can reach $28k

no wonder if you will get messages from scammers because telegram is indeed a place for scammers to find targets, for that I never trust anyone on telegram

equivalent or not depending on the quality of the bounty that we are following, if we have a lot of requests, of course we will get a lot of money but if it ends in a scam then our work is in vain

yes corona is very influential on the economy, so during a pandemic, I also joined the signature campaign but apart from that I also do daily trading, the Defi project is now pretty much profitable in the short term.

in a lifetime, only now have I seen such a great pump in 24 hours (308314.8%), even bitcoin which is king in crypto has never experienced such volume in 24 hours, projects like this are clearly manipulating volume and they try to attract investors after which they will leave

name is not an important requirement for a project, in my opinion, a cool name only attracts a few people to invest. But in fact, investment people do not see the name but see the quality of the products offered
I think you can think, the name is important or not

you are using a secure wallet but you can't protect your private key or password properly so it is also at risk of being hacked, using any wallet in my opinion is safe, as long as we can protect it properly. for my wallet recommend
Myetherwallet
truswallet
imtoken
and much more, maybe hardware wallet is also a consideration

crypto rankings were very popular in the past and back then when a project had the top ranking 99% would experience success when running an ICO/token sale. because many people didn't know that it could be manipulated with money. everyone is getting smarter to do research, who only believe current crypto rankings only new people

old coins no one can overtake ETH what else are new coins so I would say "no way" ethereum was founded a few years ago and there have been so many projects using the ethereum platform.

don't ever invite someone to join crypto because Defi, I think Defi is just hype and will end soon. If you invite someone and then the person suffers a big loss, that person or people around you will no longer believe in crypto, it's the same as you destroying crypto reputation just because of Defi. so don't force anyone, let them join on their own accord

seeing the team and partners in the project is also a very important consideration in determining the project, but if some of you don't have enough experience in determining projects, I recommend choosing projects that IEO in binance because all of the projects there will be listed there legitimate..