Are you going to buy into these high rising defi coins now?

[leea-1334]

Do I trust these Defi projects, no not quite yet. But it makes for some good short term trades. I caught the ass end of the LINK and UNI runs, made a pretty penny. And I caught the 3 USD dip on UNI and hoping to catch a second wave before the end of the year. Long term however, it's still hard to say where defi will go. But for now, I'll enjoy the roller coaster ride $$$

Think Link right now is a good reentry, considering it is still early in this run and it already went 50% down from ATH? Or should a speculator just go for a new coin at this moment? I think unlike you,,, I know for sure Defi is a bubble like ICOs were and 99% of it will not even be around for the next ride.

[cheezcarls]

First things first, I don’t just simply jump in without doing my own research (DMOR). Just like ICOs, I deep check their website, team, whitepaper, utility, partners, social media channels, office address, etc., before deciding to buy in these rising DeFi coins or tokens. And also, we should be strongly equipped with risk management where our emotions are strong and less disappointment in case something goes wrong.

However, most of the cryptocurrency investors right now choose to ignore all of the research and decides to buy some DeFi coins or tokens without knowing the integrity and credibility of the project. Been there, done that and I have learned my lesson.

It’ll be all worth investing into these high rising DeFi if all of these things I’ve researched about them are gonna make me satisfied in the end.

[Arkann]

First things first, I don’t just simply jump in without doing my own research (DMOR). Just like ICOs, I deep check their website, team, whitepaper, utility, partners, social media channels, office address, etc., before deciding to buy in these rising DeFi coins or tokens. And also, we should be strongly equipped with risk management where our emotions are strong and less disappointment in case something goes wrong.

However, most of the cryptocurrency investors right now choose to ignore all of the research and decides to buy some DeFi coins or tokens without knowing the integrity and credibility of the project. Been there, done that and I have learned my lesson.

It’ll be all worth investing into these high rising DeFi if all of these things I’ve researched about them are gonna make me satisfied in the end.

Undeniably personal research yields appropriate results. At least if you invest in the project about which you have studied all the information, then you will be able to sleep peacefully and you will have higher confidence in the prospects of your investment. But apparently the information about the popularity of DeFi projects is exaggerated on purpose so that people thoughtlessly invest their money in these projects.

[South Park]

I'm sure no one will know when DeFi tokens will go up to all time high again, that's why investing in crypto has a high risk.
Of course I also want to feel the hype that's going on at DeFi tokens, then I will invest in some DeFi tokens. Like DIA, COMP,
LEND and LINK. Because I still believe the DeFi trend will continue until next year.

It does not really work like that, bubbles by definition last a short time and this is because people in their desire to make money blind themselves to the truth they have in front of them, they are not interested in investing in the long term on those projects, what they want are fast profits and most of the time they invest at the top of the bubble thinking that it will keep growing and when that is not the case and those that have obtained the most profits begin to get out of the market then they panic and some sell immediately losing some money and others refuse to acknowledge the market has changed and lose a lot more in the process.

[JahriMeayer]

Although all of them has good potential cause those are already listed on big exchange like binance, kucoin.but don't have any plan to buy as i got disappointed after seeing those defi tokens fall down around 65-70% from all time high. Especially I was looking about dia, but i shocked seeing the drop from $5 to around at $1 within 2/3 days. So I'm not interested to buy those high rising tokens, maybe after next bearish

[Beyerd17]

Although all of them has good potential cause those are already listed on big exchange like binance, kucoin.but don't have any plan to buy as i got disappointed after seeing those defi tokens fall down around 65-70% from all time high. Especially I was looking about dia, but i shocked seeing the drop from $5 to around at $1 within 2/3 days. So I'm not interested to buy those high rising tokens, maybe after next bearish

When a token drops from $5 to around at $1 within a few days, that tells us it was mostly just hot air. As we all know hot air cools down and that will leave you holding the bag. If a token is being pumped and it has no real world use case, then it will tank for sure. Dont be the one holding the bag.

[retalids]

i'm not sure about investing in defi on hype - i think much more profitable will be check the defi project and invest into credible dex with nice returns and effecient financial models

[edandrada]

it is like gambling. you an earn 100x or ypuc can lose all your money in 1 week in defi coins.
there are only %5 of my portfolio is defi coins. there are 6 or 7 coin my wallet now. i am selling them when i see 2x. and buy new one

[Drahzar]

i'm not sure about investing in defi on hype - i think much more profitable will be check the defi project and invest into credible dex with nice returns and effecient financial models

yeah, i'm also try to invest into dex projects. and btw, i'm researching now an interesting stablecoin dex project - xsigma, based on Curve, looks credible and technically simple - maybe you heard smth about them ?

[Golftech]

it is like gambling. you an earn 100x or ypuc can lose all your money in 1 week in defi coins.
there are only %5 of my portfolio is defi coins. there are 6 or 7 coin my wallet now. i am selling them when i see 2x. and buy new one

You must prepare yourself as chances that being busted if the project won't perform
well after being available inside exchange, there are lots of coins / defi project that
are now losing value, if you don't play chances of being trapped is very high, needs to
educate yourself very well before taking any investment.

[Dutchyyy]

Did you notice any good DeFi projects in the past month?  I want to increase my 'passive' earnings.

Most are copycats and I will not give my money there.

[retalids]

i'm not sure about investing in defi on hype - i think much more profitable will be check the defi project and invest into credible dex with nice returns and effecient financial models

yeah, i'm also try to invest into dex projects. and btw, i'm researching now an interesting stablecoin dex project - xsigma, based on Curve, looks credible and technically simple - maybe you heard smth about them ?

read an announce about this exchange. really interesting, i'll check it in details and will share my opinion

[AjithBtc]

One in ten project has got its unique value, whereas the majority is copycat. Almost every DEFI project has got the similar name. Just because yearn finance got success, every DEFI project needs to be the same. Hundreds of projects relating the name can be seen on coinmarketcap. Right now the market is good for the traders, particularly the focus needs to be over the top altcoin pairs.

[gamer4156]

I consider Defi market to profoundly controlled which is the motivation behind why I never put resources into any and I will prompt individuals that as of now put resources into it to be perceptive. It says their task is in beta so why this uproar on this undertaking. I accept there is a gathering controlling the cost in the market so one should be cautious in bouncing on this one.

[Fatunad]

I consider Defi market to profoundly controlled which is the motivation behind why I never put resources into any and I will prompt individuals that as of now put resources into it to be perceptive. It says their task is in beta so why this uproar on this undertaking. I accept there is a gathering controlling the cost in the market so one should be cautious in bouncing on this one.

Just like into those days where ICO projects is flying out with colors until the market had been flooded out by shit tokens or projects and this is no different on the
current market of DeFi know.Yes, it did make some significant noise and recognition but this isnt different on what we have seen on that ICO situation.
For the question if i would gonna buy into this projects then i do already have the doubt but for those who do took risk on some projects when its still on
early phase did really make out some serious cash when it hyped up.I cant just take to take such step specially i dont have much money to invest
on.So every decision will be made will be having a corresponding analysis.

[MUG1WARA]

I refrain from buying defi tokens because it's just hype, I don't want to lose any more money so I keep buying top altcoins

[gamer41566]

I consider Defi market to profoundly controlled which is the motivation behind why I never put resources into any and I will prompt individuals that as of now put resources into it to be perceptive. It says their task is in beta so why this uproar on this undertaking. I accept there is a gathering controlling the cost in the market so one should be cautious in bouncing on this one.

pm me, I want my account back. Thanks!

[Kocret02]

Although all of them has good potential cause those are already listed on big exchange like binance, kucoin.but don't have any plan to buy as i got disappointed after seeing those defi tokens fall down around 65-70% from all time high. Especially I was looking about dia, but i shocked seeing the drop from $5 to around at $1 within 2/3 days. So I'm not interested to buy those high rising tokens, maybe after next bearish

for the first increment will usually dump immediately. My advice is to wait for the second correction to be able to see the potential of the token, because if the second correction can be passed it will be easier to survive in any situation and get better.

[globalpain]

no, I will not buy high-rising Defi coins, the increase in Defi tokens is just hype, a
nd the hype will cause disaster, yes that disaster is a Dump, it's better not to buy it,
but if you participate in the Defi system it's okay.

[dunfida]

no, I will not buy high-rising Defi coins, the increase in Defi tokens is just hype, a
nd the hype will cause disaster, yes that disaster is a Dump, it's better not to buy it,
but if you participate in the Defi system it's okay.

When we do talk about hype ATH's then it can be seen wayback in previous months but now majority of them had corrected and some had already died along the way.

Asking out if its worth to buy these DeFi project/tokens? I wont really be suggesting that if you dont know on what you are doing.

Dont let yourself caught with the current hype or talks in this market because you would really be caught out by holding shit coins in the end but of course
there would be always some exclusions since there are still worthy projects for you to invest on.