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cassavachips
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September 16, 2020, 07:56:03 AM |
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No, I won't. I am already disappointed with such projects even though they are profitable, but in the future they will be rubbish if they just rely on this trend and not continue with serious development. I think a pretty good project you mentioned is DIA, because I see they are listed on a lot of the big exchanges.
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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andibongkol
Sr. Member
 Offline
Activity: 868
Merit: 251
Sovryn - Brings DeFi to Bitcoin
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September 16, 2020, 08:20:34 AM |
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I will not buy defi coins that have gone up high because the potential loss will be huge to me, i prefer to choose new defi coins or new defi projects
which has good quality because the potential profit is higher than the loss
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bitkanu
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September 16, 2020, 10:16:30 AM |
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DeFi honestly seems like bubble right now and really dangerous to invest. if it were me who are going to invest I will definintely strain myself into investing too much and risking too much money since it's high risk high return investment. Many DeFi projects also having some bad rumour floating around so better waiting for them to settle that first and see the situation and condition. I looked at it as a possible sea change, and being around since 2016, I've seen times when everything seemed overpriced and things just kept going up for about six months, time after time. I didn't invest much but it's fun to have a little part of the action.
yeah basically avoiding to get trapped into the same cycle all over again but investing something that we could afford to lose is not bad. |
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kotajikikox
Full Member
Offline
Activity: 2366
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
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September 16, 2020, 10:39:40 AM |
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The way market is looking now?DeFi coins are dropping badly now ,Chainlink that Reached $19 is now valuing $10 in which the lowest this whole week.
I am afraid to Blow my candle towards investing in these projects because i believe that their time has Gone now.
like what 2018 Altcoin season brings,These DeFi coins will fade sooner and becomes shitcoins again lol.
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TeraBite
Legendary
Offline
Activity: 1876
Merit: 1003
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September 16, 2020, 12:01:23 PM |
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The way market is looking now?DeFi coins are dropping badly now ,Chainlink that Reached $19 is now valuing $10 in which the lowest this whole week.
I am afraid to Blow my candle towards investing in these projects because i believe that their time has Gone now.
like what 2018 Altcoin season brings,These DeFi coins will fade sooner and becomes shitcoins again lol.
The market work in different cycle although altcoins are dropping badly but that is healthy correction which will make them ready for next round. Even investors are looking confuse but when there is big red in the market that is right time to enter instead of FOMO buy. |
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paramind22 (OP)
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September 16, 2020, 02:07:37 PM |
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It's really hard to tell. I'm glad that I no longer think that I can make a lot of money trading crypto actively, more like hold and set buy and sell orders.
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paramind22 (OP)
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September 16, 2020, 02:08:43 PM |
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I will not buy defi coins that have gone up high because the potential loss will be huge to me, i prefer to choose new defi coins or new defi projects
which has good quality because the potential profit is higher than the loss
Do you have any that you're looking at now? |
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atjiat
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September 16, 2020, 02:24:12 PM |
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Today, the risk of investing in new DeFi projects is very high, as the leaders among such projects are constantly changing and more and more projects appear that look like a bubble. As an example, such projects as Sushi, Spaghetti and YMZ in general in a short period of time fell by almost 100% in price And this is not the limit. I believe I will not participate in the investment in DeFi.
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Ridwan Fauzi
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September 16, 2020, 03:04:20 PM |
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I'll never buy the coin which has increasing a lot, moreover the increasing price happened due to hype factor. Take a look with the situation at 2017 ago, where most of ICO's project were increasing but it was just takes a few months before the scam factor destroying the ICO's project.
It could happen now (it is just my prediction) and you should be carefull. Even, I use derivative market to short some DeFi's token that I think the coins have been overbought and it works too me. Because I never tried to buy the coin when the price is increasing, the chance for the price drop is widely open and the risk is very high.
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rajakulam
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September 17, 2020, 04:25:45 PM |
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for now I am more interested in investing in top altcoins at the moment, while defi coins are still new like now, we must first analyze the prospects for coins going forward, if you are sure of our choice then don't hesitate to invest in defi projects.
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pageraji
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September 18, 2020, 07:20:46 AM |
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I dont think so its really high risk in short time, when you lose in this defi trend its really hard to recover your fund, but i really push my effort to join bounty on newtoken in defi trend right now.
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yohananaomi
Sr. Member
Offline
Activity: 2366
Merit: 267
Vave.com - Crypto Casino
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September 18, 2020, 09:16:45 AM |
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I dont think so its really high risk in short time, when you lose in this defi trend its really hard to recover your fund, but i really push my effort to join bounty on newtoken in defi trend right now.
because it is still new and there is also a lot of news about success and not a little disappointing news. for the time being it is better to analyze well first and if you are sure you just do it for a few that might be interesting and if calculated profitable. Until now, I only saw that Defi is a new phenomenon just like when IEO replaced ICO. the result seems there is no significant change, because the character behind it is the same, is a deceptive intention. |
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tukagero
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September 18, 2020, 11:23:19 AM |
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I will buy as they are the most pump coins in the market, defi coins could give you immediate and good profit.
If i have spare money i would definitely buy and sell it as ling as i have already profit in it
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diskodasa
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September 18, 2020, 12:55:14 PM |
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I dont think so its really high risk in short time, when you lose in this defi trend its really hard to recover your fund, but i really push my effort to join bounty on newtoken in defi trend right now.
I see the tendency to invest in DeFi projects as a very good opportunity to make a profit, but it needs to be evaluated carefully because not all projects can help you to make a profit. Most of the DeFi projects I invest in, I sell immediately after the list to ensure the best profit for me. Of course, that helps me get a very stable profit when participating and if you hold it for a long time, you will definitely lose a lot. |
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jrrsparkles
Sr. Member
Offline
Activity: 2380
Merit: 251
Eloncoin.org - Mars, here we come!
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September 19, 2020, 06:45:31 AM |
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Lot of people buying it that is why the transaction fee getting out of the hand it even reached 100 dollars in the past days.Now this UNI as well making some affect on the market probably we can see more people into Uniswap and its token.
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andibongkol
Sr. Member
Offline
Activity: 868
Merit: 251
Sovryn - Brings DeFi to Bitcoin
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September 19, 2020, 07:13:29 AM |
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it all depends on the quality of the coin if the coin it has good quality it is likely that many investors will buy even though the price is already high
but the opposite if coin it lacks good quality please do not buy and not invest in it
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rodskee
Full Member
 Online
Activity: 2352
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
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September 19, 2020, 08:13:56 AM |
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The last month I had another project and wasn't watching the space and it's only today I had time to really focus on it. I figured I would buy into these high rising projects a little today even though chances are they are at their ATH. Are you going to buy into these high rising defi coins now, such as UMA, Kusama, DIA, Ampleforth, Ren, Reserve Rights, and others? Which ones do you think will go higher?
Some of those listed Coins really made it go thru Pumping and DIA is one of them,just weeks ago when these currencies from Defi get their Hype. Some are still moving up but many are falling down. Are we seeing the Dump of these projects now?are they really Overhype because of some media and news comes out this year? it all depends on the quality of the coin if the coin it has good quality it is likely that many investors will buy even though the price is already high
but the opposite if coin it lacks good quality please do not buy and not invest in it
But we already see that most of them are just a shitcoins previously and now increases because of riding in this Defi season. |
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Taskford
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September 19, 2020, 01:00:03 PM |
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Lot of people buying it that is why the transaction fee getting out of the hand it even reached 100 dollars in the past days.Now this UNI as well making some affect on the market probably we can see more people into Uniswap and its token.
Maybe the UNI hype creates a huge impact on it that's why many people buying, But I'm disappointed with the fees that's why I'm not trading to much on it. But I am bit interested of it right now but I'm not totally aiming for a long term on it since I think it will be the same with those ICO's(This is my personal opinion only) and don't want to baghold if Defi things got worse. it all depends on the quality of the coin if the coin it has good quality it is likely that many investors will buy even though the price is already high
but the opposite if coin it lacks good quality please do not buy and not invest in it
This is really important since it doesn't mean its a Defi token we should buy it we really need to research first just like we did on the other tokens and coins when ICO is booming. |
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mnporter2001
Sr. Member
Offline
Activity: 602
Merit: 250
HEX: Longer pays better
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September 19, 2020, 01:26:13 PM |
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Buying defi coins now is fine too, because the market has just had a strong correction and you definitely won't have to buy the highest price. UMA, DIA, Ampleforth are all great projects but I would suggest investing for you for newer defi coins. Invest in the coins backed by the Alamenda fund, there are a lot of whales out there willing to push the price up very high. In the near future we will have Hedge and RAMP, which are the projects that are being fomo a lot.
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Sirait
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Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
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September 19, 2020, 05:51:59 PM |
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The last month I had another project and wasn't watching the space and it's only today I had time to really focus on it. I figured I would buy into these high rising projects a little today even though chances are they are at their ATH. Are you going to buy into these high rising defi coins now, such as UMA, Kusama, DIA, Ampleforth, Ren, Reserve Rights, and others? Which ones do you think will go higher?
from the coins you mentioned, I am looking at Kusama and DIA, maybe in the near future I will buy some to make long-term investments. I feel the HYPE that happened to DeFi is very high this year, hopefully, we all don't get stuck with FOMO so as not to lose in the future. |
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