Sure, We have good DeFi project.

[Diamond_Darrell]

Sure, we have good DeFi project, but there is still high risks. For example, yEarn Finance token YFI already worth 19 130$, higher than bitcoin. The coin was issued on July 18, 2020 and started with $35. A month later, on August 18, its price had already reached $12,800, overtaking bitcoin. Today, the token has reached a price peak in the area above $19,000. In a month and a half, YFI rose by 50,000%. A coin that is only a month old is already so incredibly expensive, I could certainly be wrong, but this is the last coin I would invest in, too loud to call it a bubble, but it can't be anything else. Such a young project simply physically can't create such a real value in such a short period of time, this price is conditioned by faith in further growth, not by project development.

Bce пpaвильнo ты гoвopишь. Цeнy тoлкaют ввepx cпeциaльнo нaдyывaя oбxeмы тopгoв и coдaвaя иллюзию cпpoca. Я yжe вижy кaк paзoчapoвaнныe любитeли лeгкий дeнeг плaчyт и ceтyют нa жизнь

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[ilovealtcoins]

Like bitcoin, when redevelopment rights are transferred to the community, the value of bitcoin automatically increases. YFI has become the most successful agricultural project after impersonating projects and trying to get people involved. I feel like 2017 ICOs, people participating in ICOs, and a lot of people losing money because of scam projects.
The market has new trends, but that also means they will have downsides. Fraud through agricultural projects is becoming an illness. Be careful before investing in anything.

[kingzpro]

I would suggest everyone not to fall for new and suspicious projects that are launched on uniswap mostly and most of them do not even have a whitepaper. It is just the fomo among the market players that is causing even the unknown coins to boom but as soon as market will stabilize many of these defi coins are going to crash to almost nothing.

[cryptoperkele]

...
For example, yEarn Finance token YFI already worth 19 130$, higher than bitcoin. The coin was issued on July 18, 2020 and started with $35. A month later, on August 18, its price had already reached $12,800, overtaking bitcoin. Today, the token has reached a price peak in the area above $19,000. In a month and a half, YFI rose by 50,000%. A coin that is only a month old is already so incredibly expensive.
...

It haven't "overtook" bitcoin nor it's more expensive. Far from it. Marketcap for YFI is $957,816,984 while Marketcap for Bitcoin is currently $198,514,611,488.
So it isn't more valuable by any means. That's what you get when you have 30k supply and people looking at one "full" coin value.

[FontSeli]

Sure, we have good DeFi project, but there is still high risks. For example, yEarn Finance token YFI already worth 19 130$, higher than bitcoin. The coin was issued on July 18, 2020 and started with $35. A month later, on August 18, its price had already reached $12,800, overtaking bitcoin. Today, the token has reached a price peak in the area above $19,000. In a month and a half, YFI rose by 50,000%. A coin that is only a month old is already so incredibly expensive, I could certainly be wrong, but this is the last coin I would invest in, too loud to call it a bubble, but it can't be anything else. Such a young project simply physically can't create such a real value in such a short period of time, this price is conditioned by faith in further growth, not by project development.

You're wrong. At its peak, the coin was worth over $ 38,000. And even now, its price remains higher than $ 30,000. This can be clearly seen on the coinmarketcap website.
However, I agree with you that this is a huge bubble that will eventually burst and bury the money of unsuccessful investors.

[Oilacris]

Sure, we have good DeFi project, but there is still high risks. For example, yEarn Finance token YFI already worth 19 130$, higher than bitcoin. The coin was issued on July 18, 2020 and started with $35. A month later, on August 18, its price had already reached $12,800, overtaking bitcoin. Today, the token has reached a price peak in the area above $19,000. In a month and a half, YFI rose by 50,000%. A coin that is only a month old is already so incredibly expensive, I could certainly be wrong, but this is the last coin I would invest in, too loud to call it a bubble, but it can't be anything else. Such a young project simply physically can't create such a real value in such a short period of time, this price is conditioned by faith in further growth, not by project development.

This basically shows on how a HYPE can really make these things possible on where price can shoot up into those spectacular levels on where we dont even expect that it do even overtake Bitcoin which had been
on this market for 11 years compared to this DeFi project that had just launched recently.

Lucky for those people who do able to get in and its better to get out and secure profits early rather than considering this project for long term aspect. Good project will be test out by time and if do able to stand
for that long and does really have that community support then it indicates that this one is different than on most common projects out there.

Its true that projects that had been running for years is much more better than on a month old project.

[Rengga Jati]

In fact, did YFI exist just because of hype? So that it could easily soar beyond BTC and other coins so easily in just a few weeks?
Look at the chart, it's really surprising. I wondered, can this easily achieved success last long? Or will it drop dramatically because the hype is over?
Maybe so, but YFI holders will not possibly let that happen. We see that the total supply from YFI itself is almost all in the market, circulating supply.
All right, whatever it is, don't let any regrets because of the hype or missing moments from YFI.

[chanc3r]

I suggest you watch the development progress that has already made by YFI and YFI has already audited by so many trusted parties. It's not about people who were buying it caused by the bubble. YFI is totally different as it was the first finance project launched by the famous party with a good reputation.

It's fully audited, it has good functionality. People were buying it caused by they were know about the future of YFI.

[Bitcoin Miners]

It's so disappointing that I missed the YFI project when it listed at 35$, imagine if one has purchased only 2 tokens upon its listing. We would have made over a million percent return on investment. The Cryptocurrency industry could be very lucrative and I wish to find a project like YFI before it starts increasing this much.

You can try your lucky with other Defi projects which have a involvement platform with YFi such as Curve. The price of Curve today is quite good to buy, so let's research to not miss out again.

[kkofor]

It's so disappointing that I missed the YFI project when it listed at 35$, imagine if one has purchased only 2 tokens upon its listing. We would have made over a million percent return on investment. The Cryptocurrency industry could be very lucrative and I wish to find a project like YFI before it starts increasing this much.

You can try your lucky with other Defi projects which have a involvement platform with YFi such as Curve. The price of Curve today is quite good to buy, so let's research to not miss out again.

I am really worried about Defi projects and best when you have a market profit you should consider selling to secure your property because as far as I know, not all projects are good for you to choose to invest. Also, you should learn about the coin before you buy it because if it is a newly created coin, you will definitely face a great risk. Of course, the most important thing is that DeFi projects are often highly sought after and this is a new trend.

[WalkerIVIV]

Why do people forget about circulation, for example, I will create a project with only 10 tokens, the project will become popular, what price can 1 token reach ? 35 dollars the price was held for very little time, there was a very small offer.

The simple logic should be less supple combined with high demand and that will be result in the price of tokens will be very high consider the very small amount of tokenj will be divided into the a lot of people. I remember about economy 101.

What you are saying totally true but you forget another aspect when crypto is not about supply and demand but it must be combined with good enviroment and community is also playing a very important role too.

[Reid]

Obviously, it is hype.
That's what knowledgeable in cryptocurrencies will always tell when a price goes to the roof without even having a good reason.
It ain't a good project. The mass just focused on buying the coins.

It's a good profit though. Someone who is in short-term investment can make a lot with that high of a fluctuation.

[Menawi12]

Obviously, it is hype.
That's what knowledgeable in cryptocurrencies will always tell when a price goes to the roof without even having a good reason.
It ain't a good project. The mass just focused on buying the coins.

It's a good profit though. Someone who is in short-term investment can make a lot with that high of a fluctuation.

The current trend in the cryptocurrency market is DeFi and I think the trend in the future will change. New projects are constantly emerging that take advantage of existing industries and I think if the DeFi project is hype, then there might be a new trend in cryptocurrency.

[mamesso]

It's so disappointing that I missed the YFI project when it listed at 35$, imagine if one has purchased only 2 tokens upon its listing. We would have made over a million percent return on investment. The Cryptocurrency industry could be very lucrative and I wish to find a project like YFI before it starts increasing this much.

It is unfortunate, you throw away the golden opportunity that is in sight. What was on your mind at that time so that you were afraid to invest in YFI ?. At the beginning of the launch of YFI, there were signs of rising prices and lots of investors who took part in it. If at that time you dared to take a risk by buying only 2 tokens, you can imagine how much profit you have got.

[tvplus006]

The current trend in the cryptocurrency market is DeFi and I think the trend in the future will change. New projects are constantly emerging that take advantage of existing industries and I think if the DeFi project is hype, then there might be a new trend in cryptocurrency.

In fact, DeFI projects were created not now, but several years ago. Take for example the leader among DeFi projects, which is Link, it was created in 2017. Just now, thanks to the HYIP, it is more like a soap bubble, in which the price increases by attracting new participants. And it is now very risky to invest in such projects.

[diskodasa]

The current trend in the cryptocurrency market is DeFi and I think the trend in the future will change. New projects are constantly emerging that take advantage of existing industries and I think if the DeFi project is hype, then there might be a new trend in cryptocurrency.

In fact, DeFI projects were created not now, but several years ago. Take for example the leader among DeFi projects, which is Link, it was created in 2017. Just now, thanks to the HYIP, it is more like a soap bubble, in which the price increases by attracting new participants. And it is now very risky to invest in such projects.

I think DeFi projects now look like speculation because investors are only interested in profits and they are definitely risky if you don't consider them.

In fact, I have been involved in more than 10 different DeFi projects in the past few months and most of them have helped me make a big profit. Of course, I only speculate and will sell when there is a profit because if you hold it, you will easily lose money.

[Eternad]

In fact, I have been involved in more than 10 different DeFi projects in the past few months and most of them have helped me make a big profit. Of course, I only speculate and will sell when there is a profit because if you hold it, you will easily lose money.

Once we buy DeFi projects especially those new once we must monitor it and take advantage when the price increase as it did not happen in any alt mostly. I also do trading and buys some DeFi and make sure that once I hit atleast double or triple of my capital I sell and find another project to trade with as DeFi prices were only due to hype.

[Dedewahyu]

Defi is very risky, I am reminded of bitcoin in 2017 where bitcoin was deposited in a few months and experienced a large decline in price in a short time
YFI will be repeating the bitcoin moment in 2017
Currently, I do not dare to take big risks because it is possible that YFI has touched its ATH and could fall at any time

[shoreno]

Sure, we have good DeFi project, but there is still high risks.

when its good theres always a risk that entails with it but we cant also pick bad projects just because theres no risk because it does not make sense or itl only make you a bad investor  .

. A coin that is only a month old is already so incredibly expensive, I could certainly be wrong, but this is the last coin I would invest in

that could be your last when you end up being greedy and invest all your life saving and suddenly bam , bubble burst

this price is conditioned by faith in further growth, not by project development.

lol wtf . so that means when price started to fall ,  people easily loose faith and panic sell .

[swordking]

Those are the grateful who were invested in YFI at the time it was listed when it's the price was $35 and right now it has been growing consistently and it's almost reached 29k.