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Author Topic: All Top 10 DeFi Tokens on coinmarketcap in Loss  (Read 801 times)
soulripper
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September 11, 2020, 02:59:22 AM
 #81

currently, some DeFi coins have grown by a few percent in the last 24 hours based on Coinmarketcap / DeFi.

the phenomenon of a market correction is a natural thing and in one year it will definitely occur several times. I see the price decline a few days ago is just a market correction and have no other reason.

*I hope we always think positively and remember to only sell when it's profitable, don't be a panic seller

Yeah a market correction where almost all the investors are already make a panic sell and from what i see the defi hype look like already end. Most of the Defi project just a scam with no solid plan for a long term.  To me Defi project just like a ponzi scheme where the first peoples will make a lot of money and the last one will stuck with the shit token at high price.

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September 11, 2020, 05:30:30 AM
 #82

I think for what is happening into Defi tokens, it is all because of Hype, and they're taking advantage in the response of the community who also got easily interested to buy em. But most of them in reality it's just temporarily only, then cry in the end for sure for those investors who made the wrong decision about investing it.

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September 11, 2020, 05:39:25 AM
 #83

It is just a little correction, You can't expect something goes up 24/7 if you expect that you are in a wrong place and better go to gambling, that is so natural to see some correction after a couple of X .
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September 14, 2020, 11:27:31 AM
 #84

It is just a little correction, You can't expect something goes up 24/7 if you expect that you are in a wrong place and better go to gambling,
Basically it's not a correction consider about the crap coins have been going to the hell since this correction was happening before. People think gambling in the crypto or a new defi coins are less risky compared with gambling with your money in the platform. Some coins can go up in a few days gradually.

In this case, when a project has a quality and it will never be dumped to the bottom again. that's it.

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September 14, 2020, 11:35:02 AM
 #85

Despite the fact that the value of most Defi projects seems to be on the decline, its more an act of price correction than the project dieing. I've held some of those projects for several years and I can say that they're here for long term, especially the LEND token. It's unwise to be scared of market fluctuations when volatility is a feature of cryptocurrency.
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September 14, 2020, 11:57:13 AM
 #86

This is to be expected. They inflated these defi-projects from scratch. It turned out something like a soap bubble.
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September 14, 2020, 12:53:43 PM
 #87

This is to be expected. They inflated these defi-projects from scratch. It turned out something like a soap bubble.
Let them make improvements to the DeFi project as long as you can always be vigilant and make research on each project so you don't get caught up in a fake project, because many scammers take advantage of the current conditions in the DeFi project.

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September 14, 2020, 12:55:43 PM
 #88

I do not think that DeFi is dead, however I do think that not all DeFi coins are as they make it to be, as some of these DeFi have ridicilous projects. Some DeFi exchanges on the other hand are very good.
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September 15, 2020, 07:16:36 PM
 #89

currently, some DeFi coins have grown by a few percent in the last 24 hours based on Coinmarketcap / DeFi.

the phenomenon of a market correction is a natural thing and in one year it will definitely occur several times. I see the price decline a few days ago is just a market correction and have no other reason.

*I hope we always think positively and remember to only sell when it's profitable, don't be a panic seller
I think this is interesting as of how different people will interpret the same event in different manners, personally I do not think this is a correction at all, to me it is clear that what we are seeing is an important shift in the opinion of investors about DeFi projects, just a few months ago as long as you said your project was a DeFi project it was more than enough to get a lot of money for your project but now people are becoming sceptic of the market as scams keep appearing every single day and they are losing their trust in those projects.

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September 15, 2020, 07:32:45 PM
 #90

This is to be expected. They inflated these defi-projects from scratch. It turned out something like a soap bubble.
Let them make improvements to the DeFi project as long as you can always be vigilant and make research on each project so you don't get caught up in a fake project, because many scammers take advantage of the current conditions in the DeFi project.

Precisely. Do your research and invest with your knowledge taking the risk of participating to this kind of projects
needs a deeper understanding. Without any knowledge your investment may end to totally busted, as lots of DeFi
supporters are fat whales who controlled the trends, they can quickly burned your money when they decide to dumped
each coins that they've hold. be wise in observing the flow before taking your side.

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September 19, 2020, 08:46:21 PM
 #91

I do not think that DeFi is dead, however I do think that not all DeFi coins are as they make it to be, as some of these DeFi have ridicilous projects. Some DeFi exchanges on the other hand are very good.
It will very unfair to generalize since there are some DeFi projects that are good and could have potential over the long term but the thing is that number is very reduced if compared against the number of DeFi projects in the market right now, this is what it is generating scepticism among investors and I cannot blame them because as we know you only need to make a single mistake in this market to lose all your money and even your identity, which leads me to believe that most likely DeFi projects will suffer the same fate that icos suffered and eventually no one will invest in those projects.

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September 19, 2020, 11:00:01 PM
 #92

not all defi token that corrected now , almost all cryptocurrency hava loss but in small amount. to find market balance and gain power , correction was needed traders and investors will accumulate in this part. but becarefull if we see defi project corrected , analize it carefull is it due market correction or investors leave this project. dont ever we catch wrong analisys about it.

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September 20, 2020, 05:13:38 AM
 #93

No need to panic seeing the price of DeFi tokens experiencing falling down, its natural if you see the price of King Coin Bitcoin which
has fallen really deep. Since all altcoins are bound to be affected by this drop in Bitcoin price, this the right time to buy
DeFi tokens. Because the current price correction will not last long, don't miss the opportunity to buy DeFi tokens at low prices so when the price go up its time to say winner winner chicken dinner

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September 20, 2020, 07:48:43 AM
 #94

Top 10 DeFi Tokens by Market Capitalization on coinmarketcap are in Negative/Loss 20 Hours change.
What do you guys think, time to invest or it's finally dead?




10-20% correction is nothing when you compare it with 1000x what almost all of these tokens did in the past few months. Is Bitcoin dead when it comes back to 10k USD level? Probably not because it has grown from 0.01USD.  Cheesy
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September 20, 2020, 08:04:07 AM
 #95

10-20% correction is nothing when you compare it with 1000x what almost all of these tokens did in the past few months. Is Bitcoin dead when it comes back to 10k USD level? Probably not because it has grown from 0.01USD.  Cheesy
i think its too over reactive if 20% correction mentioned as died. its not only defi project that have negative gain in crypto market, almost all coin even top 10 do the same thing too. i am agree with your opinion , we should not worry and if look price histroy we still see extreme growth in most of cryptocurrency.






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September 20, 2020, 08:41:38 AM
 #96

10-20% correction is nothing when you compare it with 1000x what almost all of these tokens did in the past few months. Is Bitcoin dead when it comes back to 10k USD level? Probably not because it has grown from 0.01USD.  Cheesy
i think its too over reactive if 20% correction mentioned as died. its not only defi project that have negative gain in crypto market, almost all coin even top 10 do the same thing too. i am agree with your opinion , we should not worry and if look price histroy we still see extreme growth in most of cryptocurrency.
in this condition we should over panic while see crypto price drop 10 to 20%. price will not always grow up or always down. correction must happen to make accumulation phase. some trader sell their position to take lower price again and accumulate stock. look at chart will clearly explain to us about this history.


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abel1337
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September 20, 2020, 09:53:33 AM
 #97

No need to panic seeing the price of DeFi tokens experiencing falling down, its natural if you see the price of King Coin Bitcoin which
has fallen really deep. Since all altcoins are bound to be affected by this drop in Bitcoin price, this the right time to buy
DeFi tokens. Because the current price correction will not last long, don't miss the opportunity to buy DeFi tokens at low prices so when the price go up its time to say winner winner chicken dinner
I'm not really sure if the DeFi tokens your pertaining too will bounce back to its the price. If the a certain token falls, It's not always the case that you need to buy one and assume that it will bounceback, Remember that DeFi token prices are going up really fast and the correction price of it is expected. But as of now DeFi tokens are at it's prime, You can easily gain some profit on trading or investing on it. Just make some good decisions about picking one.

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September 20, 2020, 10:14:04 AM
 #98

Does anyone feel Farming is another scheme of Ponzi? I don't know where they get the profits to pay farmers, and the only way to farming is to buy and keep 1 coin, then get paid another coin to sell for money, it will die when it doesn't attract more. new entrants.

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September 20, 2020, 05:56:34 PM
 #99

Even as of this moment, there is a green movement but the prices are still very far from your post. At the time of your post, Chainlink is at 15$ but right now it is currently sitting at 10$ which is 5$ low from the day you have posted this thread even if Chainlink is gaining a 2.82% change last 24 hours.

Most of the Defi tokens graph are pointing downward, though it can surely recover if the market will start to move upward again or the defi hype will continue to grow again.
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September 24, 2020, 06:08:36 PM
 #100

I don't think that DeFi Tokens is dead but due to the current instability in the market,
investing in altcoins at the moment bears very high risk, wait until the market stabilizes.
You don't want to gamble with your money by investing in this bleeding altcoin market right now.
So take a break for now and not make any calls until you see the trend reverse.

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