I am curious about people's opinion of DeFi projects and coins

[TimeTeller]

I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.

just don't invest all your money in one Defi coin. Split the risks and leave 50 percent of your deposit in bitcoin and then you will not lose your money, but earn

Another very good option now is Ethreum. Ethereum yesterday reached an all time high since the beginning of 2020 till now. It's a very promising coin, which can be an alternative d better investment when compared with lots of Dedi projects.

ETH alone is a very promising cryptocurrency to invest with.
But talking about DeFis, only few of them will emerge to be successful in implementing their business.
And right now, it is on hype and very hard to determine which one is authentic among them.
You need to dig deeper about their portfolio before buying one in uniswap.

[tabas]

Not everything that's published on Forbes or any news media articles, you should trust them quickly. The Defi's are on the peak hype and they are pushing to the extent that they want to gain more investors and this is just part of the marketing.
Anyway, your link is broken.

Just let it be mate because This is gaining Media attention now so surely the bringing of many news from different platform and sites will be indeed.

I think of it as paid article. As we can see, there were defi projects that became pump and later on, dumped hardly. The market has turned into bloodbath just this day and too many investors are worrying again.
The hype investors will be gone for a while and will turn back again if the market shows resiliency which is an absolute and happening as usual.

[MCobian]

In my opinion, there is nothing special about DeFi projects, because it is the same as ICO / IEO projects. Where now DeFi projects
look profitable, because of the hype. It was the same when the ICO project was hype in 2017/2018, eventually the ICO project was
no longer profitable. And I am sure this will happen to DeFi projects, therefore always be careful when investing in DeFi projects.
Because there is no guarantee that DeFi projects will be profitable in the long term.

[shoreno]

idk if disrupt is the right word to use because defi is also related to financial or can solve financial problems  . we can also say that defi can help or can act as an alternative to the local financial industry . the only downside is that there so many projects on this space and not all of them can be trusted . with the massive hype that defi got , no wonder why it cant be included on forbes  . add in that defi coin which already surpass the value of bitcoin , that makes the headlines hot for the defi .

[TGD]

I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.

just don't invest all your money in one Defi coin. Split the risks and leave 50 percent of your deposit in bitcoin and then you will not lose your money, but earn

Once you invest in DeFi better be updated and just don't leave it there to long as the price is more volatile in DeFi since many were following the hype and once a whale withdraw many will follow unlike when we invest in ETH, BTC or some alt we will just need to wait and experience only paper loss than staying in DeFi that may no longer reach another pump once fall.

[cepot9]

Every time there is a new innovation I feel that everything is very good but because there are a lot of dirty people, they managed to take advantage of this moment so that many DeFi projects were born that were of no benefit like the popular ICO time. DeFi currently only takes really expensive shipping costs.

[Fredomago]

Every time there is a new innovation I feel that everything is very good but because there are a lot of dirty people, they managed to take advantage of this moment so that many DeFi projects were born that were of no benefit like the popular ICO time. DeFi currently only takes really expensive shipping costs.

That ideas coming from those opportunist people who loves riding with hypes, there are projects that just incorporate themselves
to DeFi, only to take advantage from people who really don't understand the system. Those who take the risk thinking that the
hypes will bring them real good benefits.
Only to realized that they are already being victimized by scammers who runaway with their money.

[sayulita]

realized that they are already being victimized by scammers who runaway with their money.

Lot more scams are going on inside the cryptocurrency industry, like the ones that were going on in the era of ICO hype where the project used to raise millions of dollars in ICO and then was never to be seen with either a working copy of the project or else on any exchange too. The same thing is happening now, on a daily basis lots of DeFi project are coming which are almost identical of its predecessors in the source code with only a few alterations like the name and ticker and people still buy these tokens because of the greed and the opportunity to make a quick buck from these coins.

[GatotKaca]

something different, of course between regular coins and coin defi advantages that cannot be compensated for so investors prefer to trade on coin defi now and it is proven that the defi coin price many pumps high many times

[Dollar_Hunter]

something different, of course between regular coins and coin defi advantages that cannot be compensated for so investors prefer to trade on coin defi now and it is proven that the defi coin price many pumps high many times

in the Defi project a lot of locked coins, this is good for the development of their altcoin price,
and look what happens is an increase in the price, I think this will be a great future

[dunfida]

Every time there is a new innovation I feel that everything is very good but because there are a lot of dirty people, they managed to take advantage of this moment so that many DeFi projects were born that were of no benefit like the popular ICO time. DeFi currently only takes really expensive shipping costs.

That ideas coming from those opportunist people who loves riding with hypes, there are projects that just incorporate themselves
to DeFi, only to take advantage from people who really don't understand the system. Those who take the risk thinking that the
hypes will bring them real good benefits.
Only to realized that they are already being victimized by scammers who runaway with their money.

Have been always like this and this what happens on that ICO hype where everything do pops out where useless projects do flooded out the market.Same goes into this DeFi
where it isnt really really surprising that we would see lots of those so called opportunist to go along and do take advantage while its still hot. Lots of noob investors
will just jump in without even noticing that they are already dealing with fraud or projects that doesnt really deserve to be supported.Im not generalizing all of them but
5% would be considered legit nor does really have that actual usage or relevance and the rest are just trash.

[hulla]

Every time there is a new innovation I feel that everything is very good but because there are a lot of dirty people, they managed to take advantage of this moment so that many DeFi projects were born that were of no benefit like the popular ICO time. DeFi currently only takes really expensive shipping costs.

Honestly, Defi dont only take expensive shipping costs as you said cause the price are justify due to the potential and the opportunity Defi create huge benefit that traditional finance can not give and this is the main reason people rush into it. However, the best way not to be victim of scam Defi project is to invest in those already listed on top exchange site.

[Beparanf]

something different, of course between regular coins and coin defi advantages that cannot be compensated for so investors prefer to trade on coin defi now and it is proven that the defi coin price many pumps high many times

DeFi Projects can pump in prices but doesn't mean they are a good project, this what hype creates even in ICO before as long as they were call DEFI projects some were still support it without studying that makes them in loss once the coins starts to get lost in price. Unlike some top altcoins that can still recover in time despite the loss, some DeFi may just be another shitcoins once they reach some amount and been dump.

[qwizzie]

We have tokens and we have coins, each with their own marketcap listing. Please don't ask about coins when you actually mean tokens.

https://coinmarketcap.com/coins/
https://coinmarketcap.com/tokens/ (within tokens you also have DeFi tokens : https://coinmarketcap.com/defi/

Tokens take place on one specific blockchain (mostly Ethereum) and depend on the fees and on the security of that one blockchain.
Coins each have their own blockchain, their own network security and their own fees.

Tokens have one major disadvantage, they all have a single point of failure access point as they all rely on one single (out of their control) blockchain.
If that blockchain is congested and its fees are high, the users will get to pay the price. They will most likely end up getting stuck on that blockchain.

[Anish02]

something different, of course between regular coins and coin defi advantages that cannot be compensated for so investors prefer to trade on coin defi now and it is proven that the defi coin price many pumps high many times

DeFi Projects can pump in prices but doesn't mean they are a good project, this what hype creates even in ICO before as long as they were call DEFI projects some were still support it without studying that makes them in loss once the coins starts to get lost in price. Unlike some top altcoins that can still recover in time despite the loss, some DeFi may just be another shitcoins once they reach some amount and been dump.

Indeed true, DeFI is current hype, and people who have been supporting it without acknowledging it are going to lose their investment sooner or later. That's why it is better to be careful before investing in any DeFi project.

[cheezcarls]

Recently, a good friend of mine from another city reached out to me inquiring about DeFi and wanting my advice. I just simply tell him not to jump in immediately to invest in DeFi project or coin and start doing his own research by searching on Google, Youtube or right here on Bitcointalk.

It's all about learning the mistakes from the past regarding our immediate decision to jump in rather than researching that coin or project first. And not only that, when circumstances happen, we must be fully equipped with risk management. It's all about preparing our mind when things go downward, and to only invest what we can afford losing.

[crzy]

There’s a good opportunity for a DeFi project but I don’t think they’ll replace any institutions because people still believe on fiat money and of course, this is not bitcoin. Well, the hype is still here and so many scam DeFi and if this continues it will just like an ICO and became unpopular later on.

[monineklutak]

There’s a good opportunity for a DeFi project but I don’t think they’ll replace any institutions because people still believe on fiat money and of course, this is not bitcoin. Well, the hype is still here and so many scam DeFi and if this continues it will just like an ICO and became unpopular later on.

Defi is different from ICOs, it's just that now many new ICOs use Defi as their success tool, and this makes Defi a scam project,
but if you follow a big project like Defi on Ethereum or EOS, you will not be hit by a scammer.

[Chainsmokers]

the development of defi is very rapid an increase of up to many times is a concern of crypto users including me many are waiting for the next project defi
and I hope it will give a lot of profit so that crypto is more advanced in the eyes of the world

[leea-1334]

Recently, a good friend of mine from another city reached out to me inquiring about DeFi and wanting my advice. I just simply tell him not to jump in immediately to invest in DeFi project or coin and start doing his own research by searching on Google, Youtube or right here on Bitcointalk.

It's all about learning the mistakes from the past regarding our immediate decision to jump in rather than researching that coin or project first. And not only that, when circumstances happen, we must be fully equipped with risk management. It's all about preparing our mind when things go downward, and to only invest what we can afford losing.

Problem is if you search on youtube especially (and anyway most Google search results) you are going to watch some video form some influencer telling you some crazy stories of profit. Then you are off spending your hard earned money to invest.

Just be careful and consider this a gamble, every deposit consider a loss. Then you are fine.