ReliabilityAlert222
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January 01, 2021, 07:10:59 PM |
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If you dare to take risks and invest your money on the right platform and hold your coins you will get a good amount of profit today or tomorrow. Just do it and not be greedy and not so emotional.
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Fatunad
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January 01, 2021, 07:39:14 PM |
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Great advice, but most people take advantage of the DeFi hype for quick profit. Therefore, many people are still interested in new projects. Even though they know the huge risk of investing in such a system, people will still do it.
Fast profits can only be obtained by those who invested in the beginning of the Hype DeFi, after that it no longer exists, even for now, there are already some investors who have lost through investing in the DeFi project. Those who were invested in defi project's in the earlier phase are the ones who have obtained fast profit. But after that, As per the time when defi hype created a huge bubble and due to that many people have did invested money in defi projects and now that bubble got busted and people would start realizing, just because of the greed of fast profits they gonna have lost their money. You can count only by your fingers into those people or investor that had invested on DeFi did really make out some profits on this new trend and the rest? They had been wrecked up of this new hype or trend because this is just like into those ICO days where people get hyped and interested just because they do see other gains without even rethinking or researching on what this project is all about. Quick gains? This had been the main reason on why people do love to invest on obvious scams.
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HerbertMarcel
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January 02, 2021, 06:40:57 PM |
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Most of the people invest in crypto just to make a profit and they don't even care what the project is offering. My advice is not to gamble, but to be concerned before investing. It is very natural actually because most of the new investors don't study before investing and it is a very dangerous thing to do. There are so many scams around and really need to do research before investing. So my opinion also goes with do not invest in DeFi projects that are just Defi, make sure the DeFi project you pick has better utilities.
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Roidz
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1XBit.com
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January 02, 2021, 08:19:52 PM |
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Most of the people invest in crypto just to make a profit and they don't even care what the project is offering. My advice is not to gamble, but to be concerned before investing. It is very natural actually because most of the new investors don't study before investing and it is a very dangerous thing to do. There are so many scams around and really need to do research before investing. So my opinion also goes with do not invest in DeFi projects that are just Defi, make sure the DeFi project you pick has better utilities.
many investors are trapped with greed nowadays so that only the losses they get, right as you say, if the purpose of investing is big profits, but we also do not deny that now fraudulent project developers often become big profits as their lure to get investors , I think it's better to investigate a project that offers unreasonable benefits because otherwise it could harm us, especially now that it seems like the Defi project is starting to be used as a means of fraud by irresponsible people.
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seleme
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Duelbits.com
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January 02, 2021, 09:48:14 PM |
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Great advice, but most people take advantage of the DeFi hype for quick profit. Therefore, many people are still interested in new projects. Even though they know the huge risk of investing in such a system, people will still do it.
Yes most people don't want to make any stress about investment, they want to make quick profit from their investments. However it is not possible, sometimes you can be lucky but it will not take a long time. This method doesn't work every time. If you follow this strategy, you will lose at the end. It is not a great idea to have a same method. You should make great research about project which in you want to invest. For example as mentioned people are much more interested in Defi projects for gettind high day by day. But it is not reason of following such as new projects, you must know that there is always risk in investing, you should take care about that. Sometimes you need to wait for making mkney, it doesn't happen as expected.
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Alexmagn84
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January 03, 2021, 06:49:11 AM |
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Defi project are simply money offering project yet 98% of them are publicity and it will be up two years before we can really know the venture that have great utility among them. I truly accept that in the event that everybody is more worried about the utilization instance of a venture, at that point we would have a lot more undertakings with remarkable use case which would help in the acknowledgment of the objectives of the business.
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pandanaran
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January 03, 2021, 12:47:28 PM |
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Great advice, but most people take advantage of the DeFi hype for quick profit. Therefore, many people are still interested in new projects. Even though they know the huge risk of investing in such a system, people will still do it.
Defi's hype has attracted the sensation of the current crypto market, every day there are always new Defi projects and some of them end with scams. As an investor and trader you need to be vigilant before making decisions on the Defi project. but if you want to take quick profits Defi is not a bad choice as long as you can use Defi for short-term gains, don't hold the Defi coins for too long and remember! Get out after you get a good return (don't be greedy)
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maculeth
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January 06, 2021, 01:28:08 PM |
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This is very important and useful information because DeFi is currently hype. Besides investors, many bounty hunters have also been carried away by the DeFi hype. As a newcomer, it is difficult to identify whether the DeFi project is really good or not, but with this forum, at least there are many considerations that can be discussed.
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Zeehaxan
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WhalesHeaven - Custody Free Swap Exchange
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January 06, 2021, 01:34:19 PM |
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Do not invest on DeFi projects that are just DeFi, make sure the DeFi project you pick has better utilities, ChainLink for example has Oracle to offer, few new DeFi projects I see lately are just using DeFi name, be careful, Here are few lists of DeFi projects that are more than just the Hypes surrounding them because they actually have some to offer. DIADIA (Decentralized Information Asset) is a Swiss not-for-profit and open-source blockchain project with a mission to drive the adoption of transparent, open-access data and oracles just like chainlink https://diadata.org/ORION PROTOCOLDo you guys remember DYCO? That's a new crowdfunding strategy from Maker team and Orion Protocol is the first to try DYCO out and it was successful, Orion is building B2B and B2C solutions on the most advanced liquidity aggregator https://www.orionprotocol.io/ COMPOUNDCompound is a money market protocol that lets users earn interest or borrow assets against collateral, all from the Ethereum blockchain. Compound was one of the first DeFi companies of this recent DeFi cycle to gain mass attention as their native token, COMP, skyrocketed in value before correcting to current levels. https://compound.finance/governance/compCURVE FINANCELaunched in early 2020, Curve allows users to trade between stablecoins with low slippage, low fee algorithm designed specifically for stablecoins. Curve is one of the early proponents of yield farming and currently offers 7 pools where users can stake stablecoins to earn rewards, such as new currencies. https://www.curve.fi/These are good examples of real use cases and these projects aren't here to take advantage of DeFi hype but to actually deliver real utilities, there are more good DEFi projects out there e.g Synthetix and Oikos Cash , do good research and avoid investing blindly for quick gains, thank you Yes, I like the concept of your thread and I fully agree that there are many projects that should be held for longterm because they are really building something amazing and bringing new solutions in the market so we should support them and give them ample time, this way we will not only help them in making successful but our investment will also grow huge after the success of the project.
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AssociatesBumble579
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January 26, 2021, 06:29:33 AM |
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Yes, I completely agree with your comment, in this forum, there are lots of DeFi project with lots of good offer but sometimes some projects fall down their own price, so please stop doing the quick gains thing, research the market and when you acquire the experience, you will gain in future. Everything depends on your effort because there is no shortcut.
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Mariangle Blocker
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January 26, 2021, 09:00:35 AM |
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Thank you for the heads up, but I don't know if crypto investors are going to adhere your advise because are are in the Defi boom, and as others have pointed out, similar to IEO of 2017. So no matter what kind of advise you give them, easy $$$ in Defi will be in the eyes of crypto investors and as much as we don't like them to experience to lose money, well it has to happen before they learn their experience.
yeah, it's risky
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JoKleinTopper
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January 26, 2021, 09:03:35 AM |
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earning money takes patience
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Greatdev
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Sovryn - Brings DeFi to Bitcoin
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January 26, 2021, 12:35:02 PM |
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People invest for quick gains because too many new projects died in very short time, so many new projects of nowadays are build with short term existence in mind, if you can dig up the list of so many projects that have died in the past you will be that many have very good use cases, holding coins can cost you a lot if you aren't smart
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Wipeout2097
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SportsIcon - Connect With Your Sports Heroes
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January 26, 2021, 03:54:21 PM |
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If we analyze on reality basis individuals contribute in cryptocurrency, essentially since they need to create benefit and not because of what the extend has got to beneficial offer. I must suggest just do personal proper research and make a list of project with great supply and handsome profit. I truly do accept that in case everybody is more concerned approximately the utilize case of a extend, at that point we would have many more ventures with exceptional utilize case which would offer assistance within the acknowledgment of the objectives of cryptoworld.
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arifteguhr
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January 26, 2021, 05:44:07 PM |
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Investing in altcoins, generally 3 months, can get the maximum benefit. Remember that you buy when the price is Sideways or in a Downtrend. if we buy when we are Bullish, of course we will be stuck on an increase and the average here is no longer we get a profit. but we are the same as gambling because we hope to get profits quickly. Even though something like that is a high risk. Many people end up stuck on price and then become traumatized
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Smartvirus
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January 26, 2021, 06:27:32 PM |
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Investing for quick gains is very common during the bullrun, it's the time where you find new and old investors taking loans sorely for the purpose of benefiting from the run within a short time frame. This is a very dangerous move for a volatile currency like bitcoin and altcoins. You never can predict so accurately the direction the market would take and as such it's only best you invest and be ready to stay long. Loaned investment capitals are always the worst as it comes with interest and it's rather bad when your not sure of making profit not to talk of gains on the interest.
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Willitivity
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January 26, 2021, 08:58:46 PM |
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don't invest for quick gains only IMO there's nothing wrong with an investor trying to get quick gains off his investment, afterall every investor expects returns from his/her investment, the only down side to this is that investing for quick gains will only make you lose your capital even much faster, cause it's not every crypto project you invest in will boom immediately it gets to the market, some usually takes alot of time before it starts pumping, so for an impatient investor if it dumps after listing they will panic and sell off their share of the tokens and end up losing some of their capital.
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S4VV4S
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January 27, 2021, 07:06:06 PM |
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Yes, there are not a few bounties that are similar in the hope of getting big and fast profits, they are looking for investors to invest in their bounties so that with the hope that is given as if the profits are made quickly so that everyone is interested in supporting their bounty, remember events like this will repeat They only want to find profit for themselves, not for supporters and investors, so that we are more careful and careful about such bounties
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Ryushin
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January 27, 2021, 07:43:59 PM |
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The problem is too many altcoins are dead after successful beginning of their journey, it's like almost all new altcoins for build for short term only, I only want and prefer to hold old coins for long time without any worries than new altcoins that you can never predict what the team have in plan for the project
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JNR
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January 27, 2021, 08:28:48 PM |
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its depend on what kind of investors/traders we are ? because if we trade in short perior time, maybe day traders we will always open and close our trade in short, especially for scalpers but if we a kind of swing trader, we will always hold our assets for long term
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