Don't invest for quick gains only

[Kotone]

Investing in quick rich DEFi is dangerous, they actually have nothing to offer just a mad money and after then they are gone. I am in Chainlink and DIA.

Actually these defi has no product yet but since the hype event these projects are become an money earning machine for others. I know that involving in such project is risky but the profit is great when you hit it right. Im also watching some defi at the moment but still confuse where to focus on my budget.

[bayu7adi]

Investing in quick rich DEFi is dangerous, they actually have nothing to offer just a mad money and after then they are gone. I am in Chainlink and DIA.

but DEFI is very salable in the market, it is very unnatural if it is used by everyone, even Chainlink and DIA

sometimes their doctrine when doing marketing is an illusion for us, in order to invest. and the illusion can be lost during project execution. We are all forced to be skeptical of all transactions that take place on the internet, so that we have more experience and don't make a second mistake

[Mpamaegbu]

Truth remains that most people jump on the bandwagon and follow crowd mentality. This isn't going to change anytime soon. However, what has been happening is that the more experienced members here are chewing on projects before investing in them because they've come to realize that in this industry nothing is so certain that it can't be doubted. I hope newbies see it this way too — this industry isn't a Get Rich Quick scheme. Take your time, research and peruse any project before investing in it. Don't change any by the hype they bring.

[jrrsparkles]

Investing in quick rich DEFi is dangerous, they actually have nothing to offer just a mad money and after then they are gone. I am in Chainlink and DIA.

Actually these defi has no product yet but since the hype event these projects are become an money earning machine for others. I know that involving in such project is risky but the profit is great when you hit it right. Im also watching some defi at the moment but still confuse where to focus on my budget.

Defi projects are getting listed on Uniswap everyday and the daily trading volume almost increased to the trading volume of binance which shows their tokens are existing but they are getting oversold for sure.These kind of quick growth will never exists for longer period so its better to quit now and wait for that huge dump to invest back.

[JCviggen]

Honestly, I just followed and invested money in DeFi project for short term based on market hype and trend. Not greedy in taking profits, for example I got a lot of profit from YFI, then I am out now. But there are also lose from YAM, because of the lack of research and not up to date with news

This is the most profitable strategy on the market if you are just buying coins for profit. Not being greedy is the right decision if you want to make big money in this market.

[RokokGudangGaram]

Honestly, I just followed and invested money in DeFi project for short term based on market hype and trend. Not greedy in taking profits, for example I got a lot of profit from YFI, then I am out now. But there are also lose from YAM, because of the lack of research and not up to date with news

This is the most profitable strategy on the market if you are just buying coins for profit. Not being greedy is the right decision if you want to make big money in this market.

That is right. Sometimes when we let ourselves be drawn and be greedy, it will backlash and have negative effect. It is also wise for take part with DeFi projects for a brief time since no one can really determine the purpose of this new trend.

[Btc_1856]

Honestly, I just followed and invested money in DeFi project for short term based on market hype and trend. Not greedy in taking profits, for example I got a lot of profit from YFI, then I am out now. But there are also lose from YAM, because of the lack of research and not up to date with news

This is the most profitable strategy on the market if you are just buying coins for profit. Not being greedy is the right decision if you want to make big money in this market.

That is right. Sometimes when we let ourselves be drawn and be greedy, it will backlash and have negative effect. It is also wise for take part with DeFi projects for a brief time since no one can really determine the purpose of this new trend.

This new trend makes many people to start investing quickly and they want to gain quickly, in current DeFi platforms, without research it is impossible to find the best project and this makes we should always find the best one for the long term and it will help us to make some decent profit.

[ned.ryerson]

Indeed, the defi project is currently popular and many beginners invest by following trends and quick research. They should be careful in choosing the right project and study it more deeply

Even if a newbie will starts to study a defi project, he will not understand anything and will not be able to understand the technology. For a beginner, the best strategy is to invest in Defi projects in equal parts and wait for their profit.

[shoreno]

Honestly, I just followed and invested money in DeFi project for short term based on market hype and trend. Not greedy in taking profits, for example I got a lot of profit from YFI, then I am out now. But there are also lose from YAM, because of the lack of research and not up to date with news

This is the most profitable strategy on the market if you are just buying coins for profit. Not being greedy is the right decision if you want to make big money in this market.

with that initiative you will mostly grab wrong coins because you want profit . thats a bad strategy  because that does not differ from people that do fomo  .

 he said is not greedy but why he wait till he got alot of profit from a coin that is not known ?  isnt that a risky move when you dont sell early and secure a small profit instead  

[flagpara]

That is why until now I have not dared to take the train under the name Defi project.
too much, as if all the defi projects would succeed in the future.

So many people have already taken profits from DeFi projects. You just missed these profits because of your past frustration. We should take profits from running trends. We are the first we know the trend. OP's could be wrong for DIA projects. The Bubbalex campaign is really good like Cartesi. For some projects OP's could be right like OIKOS.cash.

[@baoli]

Good you mentioned this because so many just followed the pump and invest in anything Defi. I just like the fact that so many coins are now will packaged with good concepts than what we have before.

[Ayiranorea]

We've got more number of pump and dump groups, and trading support groups. These groups just give suggestions on investment, as well as on trading. These are just prediction services, because there is no assurance on profit as well as loss. People out of misunderstanding and improper learning just go for big gains investing small capitals .

[BeginToMine]

Some altcoins are actually good for long term and some shirt term it's all about one knowing what he or she is investing. So let's always know what to invest in for long term and short time. Some old altcoins are good and some new ones are also good to an extent. It's very good we always do research.

[nikki4]

Actually, for big investors there are only two options left to invest in. Either invest now then hold it next year or take profits from quick pump coins. Whom doesn't agree to invest, those are ignoring this opportunity. Chainlink is already a 3 year old coin. A new coin like DIA won't take as much as time. A few years can't help but pump prices.

[wmaurik]

DIA, Orion, Curve are interesting projects but most people nowadays prefer new projects because getting quicks gains in defi trend is a top priority, even anon project can bring quickgain up to 10x but of course it's like gambling, because of course. the project is a scam.

[minatour]

Thanks for sharing, got my eyes on DIA before, will research more on Orion and Curve if they are worth investing in. Defi project with real usecase currently are doing well, think defi is here to stay.

[pedpedped101]

Thanks for sharing, got my eyes on DIA before, will research more on Orion and Curve if they are worth investing in. Defi project with real usecase currently are doing well, think defi is here to stay.

Yes, DeFi has come to be established, but not every one of them will stay long, because they lack substance. I am also in full support of DIA, because they have got something spectacular to offer. Immediately I saw their production, I knew they would make it to the top. They have started and are doing well.

[pikkie]

DIA, Orion, Curve are interesting projects but most people nowadays prefer new projects because getting quicks gains in defi trend is a top priority, even anon project can bring quickgain up to 10x but of course it's like gambling, because of course. the project is a scam.

DIA and Curve do have a very good potential to make a profit, but you must know that altcoin cryptocurrencies have a very high risk, because having a very large supply will make the price very unstable, it could collapse immediately, so you have to stay be careful when buying altcoins.

[ttcsalam]

Not all projects are equally successful.I don't think all Defy projects are successful.But there are exceptions. Dia and oiks is an exceptional project.It is possible to succeed in this.This project will do well and will be in many leading positions in the future.Investment should be made by analyzing well without rushing.

[NoG-NoG]

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.

DIA

DIA (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 PROTOCOL

Do 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/


COMPOUND

Compound 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/comp


CURVE FINANCE

Launched 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

Very informative and substantial thread which is very useful and helpful for those who are new in crypto world and have the mindset that it is really easy to earn and gain in this industry and have this short time earning mindset. But it is really true that for you to earn and really gain a better profit you must know how to wait for the right time and you should have a long term mindset and mentality.