Is Defi New revolution or just like 2017 ICO,s ?

[Katunga]

Could anyone assist me how to buy UNIFI coins. And which of two is the better one?

[1713863157]

1713863157

[Genemind]

The same hype happened with ICO, IEO, and now Defi. It's still too early to say and the hype is still on. The prices on the DeFi project jumps massively and is not considerable as healthy. The reward is great but the risk is really high. That is why be careful when you are joining the hype. It could lead to the same fate as what happened to ICO before.

[imstillthebest]

I agree with what has been said. It is certain that he will share the same fate as the ICOs. Nevertheless, it would be best to make a profit by taking advantage of opportunities instead of waiting for it to turn our backs completely and collapse. During the ICO period, we made good money in this way. Currently, my investments in many cryptocurrencies are above ICO prices.

we ? maybe you only because your good at investing but for me im not an investor so i dont experience to earn on those ico . for other investors not all feedbacks i heard are positive but there are also people that have a bad experience on investing in ico .

 i dont think these people will repeat the same mistake what they did on the past so investing in defi will be a big no for them .

[bgaf]

It is just the same with ICO the only difference is the existence of yield farming projects. Most of those ICO before are based on platform, but now lending, staking and many more are on the hype. I wonder what would be the case of this hype in the end. Either we gonna go to the bull run or will be going back to bear market.

[BitcoinPanther]

Soon dozens of projects will come out cloning each other. There will be many scam among them

If this happen, this DeFi hype will be just like 2017 ICO.  The moment scammers flocks in to imitate DeFi project then many investors will stay away from it just like what happen in the ICO hype where lots of investors lost their money due to scams.


Every trend will come to its end, just like what happen to ICO craze of 2017.  Sooner or later DeFi hype will wane and a new trend will appear.

[ahmia39]

Could anyone assist me how to buy UNIFI coins. And which of two is the better one?

I have checked the UNIFI coin and the coin is only available on the Uniswap (V2) exchange other than that it does not exist, because on the FatBTC exchange there is no volume at all, so you can only buy it on the Uniswap exchange (V2), for more details you can access the two links that I provide here:

https://coinmarketcap.com/currencies/unifi/markets/
https://www.coingecko.com/en/coins/unifi#markets

[Katunga]

Could anyone assist me how to buy UNIFI coins. And which of two is the better one?

I have checked the UNIFI coin and the coin is only available on the Uniswap (V2) exchange other than that it does not exist, because on the FatBTC exchange there is no volume at all, so you can only buy it on the Uniswap exchange (V2), for more details you can access the two links that I provide here:

https://coinmarketcap.com/currencies/unifi/markets/
https://www.coingecko.com/en/coins/unifi#markets

Hello, thanks for reply. Are you sure we talk about same coin? I think first and second link has different coins and after all i am still not sure which is 'the one'?

I am trying to buy it on Uniswap but it says not enough funds on it and transaction failed. I try to reduce spent ETH's but not successfully....

[AlexAtom]

I think Defi is not just a hype in cryptocurrency, it has real use case too.
In 2017, ICO hype was gaining many interested parties and causing cryptocurrency market bull running.
But unlike in 2017, i think with Defi platform, people now can using stable coins in crypto on defi platform without afraid to lose the coin value because the value of stable coins won't change.

[ElmedoRator]

At the moment, DeFi very much attracts investors in the cryptocurrency sphere, and it is now possible and even necessary to make money by investing in DeFi cryptocurrency projects, so there is no time to waste, but you need to act.

Many Defi projects have been successful and bring a lot of profits to investors, I recently saw the SUSHI project and it has helped the investors to have more than 20 times profit. But besides that, there are also many scam projects that cause many investors to lose money, the price is reduced hundreds of times in just one day. So always be careful because the more the profit, the greater the risk

[Fredomago]

I agree with what has been said. It is certain that he will share the same fate as the ICOs.

Who knows as the hypes still on, but probably there's a big chance that it will ends up suffering the same thing.

Nevertheless, it would be best to make a profit by taking advantage of opportunities instead of waiting for it to turn our backs completely and collapse. During the ICO period, we made good money in this way.

If you understand things around crypto market, riding with the hypes and taking advantages of the situations will
bring good amount of money, just make sure to ride safe and be wiser take your chance the same thing with how you
deal with ico's hypes.

Currently, my investments in many cryptocurrencies are above ICO prices.

You did it well then, just keep moving forward and be positive with what you are doing. More luck

[kingzpro]

Calling defis revolution now is not a big thing.
I mean these defi projects have been around for years. It is only that they are getting attention and recognition now especially after success of projects like uniswap, aave and synthetix. I think there is long way ahead for defis to prove themselves and in coming years we will see even more innovation, infrastructure, products and revenue models in this category.

[bayudndy]

Obviously Defi is a lot better than an ICO because they already have the product and can use it right away. That is why so many FOMO Defi people in this market and it helps many investors to get profits, the price even goes up hundreds of times after being listed in exchanges.

[jekanmasin]

The Defi hype are still on but it still cannot defeat the era of Icos back in 2017.. Where all buying tokens even a shit one. Defi has being so hyped lately and i can see the clone are popup so fast right now as they want to make an easy money from the Defi hype which is has no values at all. No project to be offer just a copy paste from other project.

[SyndicateLabs]

The Defi hype are still on but it still cannot defeat the era of Icos back in 2017.. Where all buying tokens even a shit one. Defi has being so hyped lately and i can see the clone are popup so fast right now as they want to make an easy money from the Defi hype which is has no values at all. No project to be offer just a copy paste from other project.

Defi has only become popular in the last few months, so in the near future I also believe there will be many bullshit Defi projects coming up in this market and trying to steal money from investors. In 2017, investors had no experience in analyzing projects, which is why there were many scammer and many people lost money with it

[ven7net]

Guys
these days heard lots about Defi ?

what do you think Defi have some real use cases if yes

would you think its good to invest in it ?

The DeFi direction itself has a number of advantages, especially now that more and more crypto platforms are becoming like ordinary centralized projects. But that doesn't mean that all DeFi's are. I've noticed that many platforms are trying to claim the DeFi title, which immediately raises a lot of doubts. I would not rush to conclusions about DeFi, but simply studied this direction in more depth and, based on the information received, I joined one or another project.

[killerfrost]

It is just the same with ICO the only difference is the existence of yield farming projects. Most of those ICO before are based on platform, but now lending, staking and many more are on the hype. I wonder what would be the case of this hype in the end. Either we gonna go to the bull run or will be going back to bear market.

Hopefully this hype will last for 1-2 years to make this market grow strongly. If it collapsed too soon, the market would fall soon after. Besides, Defi is also safer than ICO so investors will be extremely excited to invest in them.

[kindbtc]

Guys
these days heard lots about Defi ?

what do you think Defi have some real use cases if yes

would you think its good to invest in it ?

ICOs were definitely big but the context was different because even now icos/ieos and other fundraising methods are surviving well. Recent defi trend is different and serves a purpose which masses need. With its transparency and universal service defi can become the next big thing in the tech world but right now it is just getting started and future is bright.

[ecnalubma]

All projects are formed to make money as well as Defi’s but just like ICO hype you really need to understand what you are buying because definitely some of them may succeed but most of them might fail. I just hope that investors are aware and learned from 2017 ICO’s hype and more mature in choosing their investments.

[shoreno]

It is just the same with ICO the only difference is the existence of yield farming projects. Most of those ICO before are based on platform, but now lending, staking and many more are on the hype. I wonder what would be the case of this hype in the end. Either we gonna go to the bull run or will be going back to bear market.

Hopefully this hype will last for 1-2 years to make this market grow strongly. If it collapsed too soon, the market would fall soon after. Besides, Defi is also safer than ICO so investors will be extremely excited to invest in them.

when i hear the word hype , first thing come to my mind is short term . 1 to 2 years is already long if this only a hype but guyz im not a basher here and im not killing the joy of those who love hypes and defi but thats only my view with them  . you guys can keep on investing if you wanted to because what more important is that you enjoy things while it last  . some few ico still survived till this date and if defi is really like an ico , defi enthusiast should be happy because it means that this isnt just hyped .

[South Park]

Guys
these days heard lots about Defi ?

what do you think Defi have some real use cases if yes

would you think its good to invest in it ?

The technology has without a doubt potential but we must understand the potential is not going to materialize overnight, at best it is going to take a few years before we see the full potential of DeFI projects and what they can achieve in the future, but this means that all the hype  we are seeing now is exactly that, so unfortunately the majority of the coins being released now will disappear and many will lose their money, so in that sense DeFi will suffer the same fate as icos did on 2017.