I have heard the defi but as I have predicted before and this defi was the same like the defi hype. All of defi coins especially that used the name of yearn as a part of its name have already plunged to the bottom.
It's very bad to see that but this is how the bubble works today when everything was getting pumped and then dumped again.
Defi hype just like a timebomb that none know when it will be explode and so many investors will be trapped.
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After sushi has already taken by the FTX exchange site and then it looks like worth to hold some. The latest recovery is happening with sushi after the announcement that has already made by its old creator.
The only problem was the old creator has been making a lot of people were loosing their money as the dump that has already made was injuring the market.
I will not say this is a good coin to invest but after the acquisition I can call this enough.
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My advice if you should retreat from the market for a while until the market will be getting its bottom zone. Any major coins can be considered as investment but this time you can see compound, aave, band and ampleforth as these were going down caused by the correction. I thought that if you can try to find another low cap coin like TWT too. Xdai can be considered a good coin like TWT too.
It's quite difficult to find the hidden gem on low mcap coins
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You should visit the beginner section and learn more about crypto. IMO if you need to learn about bitcoin and ethereum. Both were promising coin and before you can try to start with these coins and it's better if you have enough knowledge about the basic things related to the how to create wallet, tokenization, POS, and many more.
Bitcoin should be on your top choice as it's native crypto that ruling the market.
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Well are there any coins where you could stake where you can't lose because its value never fluctuates? Like imagine something like tether? Is there anything like that you could stake or that is not possible?
That means if you didn't wanna deal with the volatility and it looks like lending can be a very good solution for you. Some big exchange sites have already supported this service but if you are looking for another legit platform and I suggest you to use compound and about how much interest that you will receive that can be seen through this site https://www.stakingrewards.com/earn/tether/providershttps://compound.finance/markets/USDTyou can also use DAI, USDC or another stable coins.
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How can Uniswap accept this thing? Uniwap is not the same as CEX and it was not doing any verification or audit and the listing process is almost similar with the another dex. It's not so difficult to do that. How could the price beat bitcoin in a matter of days? As some member stated above if it caused by FOMO or yield farming. These crap finance platforms were offering non sense yield farming for the stakers. I know some that were offering more than 10k APY. The next one that will look like bitconnect?
those projects already similar to the bitconnect and becareful with those defi. Some defi has been putting the backdoor to make the contract deployer will be able to take all of liquidity pool. I call this the evolution of Ponzi project. Stay away from this.
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I have used Uniswap once and it was my first experience, a little surprised because the gas needed is quite much, especially recently eth gas is very out of place. I can't calculate how much you will need but at least not too little. BTW Uniswap is very good.
It will always need more than a few dollars to do a single tx to the uniswap. Uniswap is not a suitable place for the little shrimp as the the high fees will be worthed for the big transaction only. The defi traders are also rushing everything that related to the defi or finance token. uniswap madness is still happening.
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it could be because I see the crypto world already has a lot of enthusiasts so it is impossible for no one to fall in love with Litcoin moreover litcoin is an old coin and development always looks good, My prediction is that even though 2021 will be the year of Litcoin, at least it cannot beat bitcoin and ethereum
The good thing was litecoin is still able to sustain on top 10 CMC even there was a bunch of defi coins have already released in the market. Litecoin should be on the 8 place of CMC consider polkadot has already entered the top coins too. People are still using litecoin as an alternative payment solution for the major coin like bitcoin or ethereum.
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1:10 , INS:XNS swap was planned to dilute the price by the team. Team raised 45millions USD and certainly their swap made the investors angry. Devs are practicing deceptive theory, there. Smells fishy. And unexpected from the team. Overall analysis will prevent potential investors to dump money into it
It looks like they were slowly robbing their investors and that's why it was getting delisted from the exchange sites. that's very shady Dude, 3 years of vesting is not something that can be accepted by all of investors. I have seen so many investors were feeling stressed caused by that.
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it looks like YFI can still be more than $ 28,000 if Fomo DEfi continues to hold, or sell some YFI, because I'm sure investors have also sold it
It has already surpassed it and this time YFI has already touched 33k as the current price based on the binance market. It seems like we will see the big dump that will occur very soon. YFI will have entered the overbought zone and the whales have already prepared to dump YFI to the bottom. So many people will lose their house.
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Those coins were only bubble coins and there was no big that can be expected from them. After I have known the usability of the real yfi aka yearn.finance and I can take a conclusion if basically what already offered by them all are still the same with the existing features that already offered before. The bubble can burst anytime.
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Serves them right. I think if these scammers will always get caught,it will really be nice,but come to think of it,why would people patronise these stuff,I think greed,they want to make fast money,I'm sure they have been warned severally yet they won't want to learn,everyone into these Ponzi stuff should advice themselves.
people will always continue to invest in such projects and this will not change. it is possible to simply stop the creation of such projects. if scammers will be afraid of jail, they will not scam people and steal their money Just spread more and more awareness thread for the newcomers and they will not try to invest in the crap or scam projects. I have been seeing so many people have been getting helped a lot caused by the awareness thread that have created by some people in the past.
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Still looking for opportunities from bounty, besides I am also holding some altcoin and waiting for profit from it. In the current context, most people cannot work outside and it causes a lot of difficulties
It looks like we must also try to do active trade in the market too. You are not only the one who have been sarching the opportunity from participate in the bounty campaign. It looks like so many people have been trying to get an alternative way to fill all of their daily needs and to day the market is very crowded.
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I have seen such a project lately. That's Dogdata, they completed IEO at Bitforex and traded at IEO price for a few days. But right after that the price dropped 100 times in just a few hours, obviously that project sold the token and caused the price to collapse so much. Be careful when investing in new projects at the present time, there are too many risks for us
\ from the beginning I was suspicious of this project because they were planning to make 2 tokens, after ETHBN dump, they now make BONE tokens and if you want to swap then everyone must have enough ETHBN because the 4000: 1 ratio It looks like the dev was issuing a new token after it has been dumping the old coin. Those who have bought ETHBN has been loosing a lot of money caused by the shady decision that has already taken by the developers. This coin looks so crap
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Altcoins like this are always treated as hidden gem by any holder.
I can't view the charts of it on CMC but the markets are shown and it's good in Kucoin. Does anyone have an idea why its chart isn't showing on CMC? it says that no data to display.
https://coinmarketcap.com/currencies/newscryptoits normal now, you can see any chart on coinmarketcap by the way this hidden gem only predicted by technical analysis, right ? thats good but too risky if we don't combine with fundamental analysis This coin doesn't have strong fundemantal. You can see how the daily trade volume is really small compared with another coin. I may think this is not a hidden gem as investors were choosing another project instead of pumping this coin to the moon. I have the different perspective and it's too early to call this coin a hidden gem
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Today the price is still over $300,00. According to the info on WorldCoinIndex the price increased by +29% in this week. This is just the start of the bullish and $400 is not unthinkable. It can be crossed easily and this time ethereum is getting more than 10% increase again, in a few weeks we will see ether will reach $400 again consider there was a lot of things is about to come right now. Ethereum will moon very soon.
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https://coinmarketcap.com/defi/When you visit this link at coinmarketcap, it will list all the top Defi projects in this market. And of course Chainlink is the best project for you to be interested in and invest in it thank you, 2020 is indeed very interesting, on the one hand the price of Bitcoin is back to $ 3800, and now the price is rising above $ 10,000, and also the Defi project trend which is currently good, I am curious at the end of the year There will be a lot of defi coming up this year, as far as can see from the reliable rating site if mostly projects focused to developer defi or try to create an improvement defi that used the same idea that has already used before. It's the same like ico bubble.
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If this happens, many people will be sorry for not having invested in "downtime" or because they did not hold enough time for recovery. Thus, the increase will attract the media and the disclosure will be automatic, creating and strengthening new valuations. To conclude, if this happens, the global financial system may change and mass adhesion will happen.
Dude, even those who have not yet invested when the price of bitcoin was around 4k should feel regret about their decision. I personally didn't put a lot of money on it but I'm still getting a really nice ROI from my investment in the bottom price.
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This pandemic has proven to be a turning point and now the world has no option but to move towards digitalization lead by blockchain tech and cryptocurrencies. Even during pandemic blockchain tech has shown its worth by collecting and transmitting world epidemic stats and data to WHO database.
That's true and I'm thinking with the goes of time and the adoption will be much more massively compared with this time. The digitalization is a must as it can help us the avoid the impact that caused by the pandemic. People were doing new activities like trading in the market right now.
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