Defi hype is changing the scenario of the crypto industry, I am really enjoying this fast ride! But this time I won't make any mistake as I did in 2017! I am investing in new Defi coins and taking a profit! I prefer holding BTC, ETH, BAND, LINK instead of any new Defi coins. These coins did a tremendous gain in last week, one guy bought 50$ worth JST coins a few weeks ago, he cashed 350$ yesterday, so, this huge pump is not bad but you have to get out on time, and we have to avoid our greedy nature!
The utility tokens we use to think that will drive the price of a project seemed ignored by investors. I thought JST is a stablecoin since some of the users said so but this time we can see the price increases like all the rest that had been pumped.
The guy cashout $350 that use to be just $50. But he checkout too early when its time to accumulate the tokens. He should have been trading it to buy back more of the tokens since its almost east to do it when the prices always goes up after the dip.