Another ICO bubble?

[Byakuga]

DeFi is the future, yet it will be getting through a bubble some portion of the cycle now, which can hurt its long haul development....DeFi items more refined in nature than basic ICO tokens yet at the same time in danger for future market unpredictability and price crashes. Be careful

[bittick]

DeFi is the future, yet it will be getting through a bubble some portion of the cycle now, which can hurt its long haul development....DeFi items more refined in nature than basic ICO tokens yet at the same time in danger for future market unpredictability and price crashes. Be careful

Isn't it those defi were also coming from the ICO form? i may think the bubble is not yet come as the majority of altcoins are still not yet pumping by the whales.

I personally will never try to buy a coin that has already entered the over bought zone.

[JeotQ]

DeFi is the future, yet it will be getting through a bubble some portion of the cycle now, which can hurt its long haul development....DeFi items more refined in nature than basic ICO tokens yet at the same time in danger for future market unpredictability and price crashes. Be careful

Isn't it those defi were also coming from the ICO form? i may think the bubble is not yet come as the majority of altcoins are still not yet pumping by the whales.

I personally will never try to buy a coin that has already entered the over bought zone.

Correct, same reason why I don't buy COMP DeFi token till today, I believe the project is over bought , it was trading at 150$ last month and early this month it surge very high over 200$, I'm glad I don't jump in, would have bring a huge loss for me, now price is back at 193$

[Furryball]

Decentralized Finance projects are good, the use case makes sense and yes I expect more adoption too but the bad side are preying eye, I think that's what OP is talking about, the damage will be from scam developers

[disconnectme]

Some people have predicted that Defi is likely going to be the new ICO and it seems it is going to be true, once people get comfortable locking their tokens in Defi just like the way people felt comfortable investing in Altcoins and holding it during the ICO boom then we are in for the next Crypto bubble. Just look for the right project and you will be fine

[Maxstl007]

It thus feels like DeFi will continue the once lost glory of ICO projects, people and investors are more comfortable with decentralized Finance than anything right now, I don't see how this won't affect the entire crypto space in them main time, let's wait and see what happens next.

[carlisle1]

DeFi is the future, yet it will be getting through a bubble some portion of the cycle now, which can hurt its long haul development....DeFi items more refined in nature than basic ICO tokens yet at the same time in danger for future market unpredictability and price crashes. Be careful

Isn't it those defi were also coming from the ICO form? i may think the bubble is not yet come as the majority of altcoins are still not yet pumping by the whales.

I personally will never try to buy a coin that has already entered the over bought zone.

Correct, same reason why I don't buy COMP DeFi token till today, I believe the project is over bought , it was trading at 150$ last month and early this month it surge very high over 200$, I'm glad I don't jump in, would have bring a huge loss for me, now price is back at 193$

so If you come buying at 1504 last month then you are sure in profit now buy 40-50$ a piece?unless you have learn the growth later after hitting 200$.

It thus feels like DeFi will continue the once lost glory of ICO projects, people and investors are more comfortable with decentralized Finance than anything right now, I don't see how this won't affect the entire crypto space in them main time, let's wait and see what happens next.

what we do is stop patronizing ICO,lets accept that the old days are gone now and all ICO(or maybe 99%) are going nothing but scams.