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Pffrt (OP)
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September 06, 2020, 07:54:02 AM
 #1

ICO, IEO and now DeFi.
Have you seen that none of these are long existing? ICO created hype back in 2017, then IEO come into the ground and now it's time of DeFi. But with all of them, a lot of people were attracted and get scammed. It's not that easy to make money, dude. Don't run after anything which creates significant hype. Take time, observe and make decision. You have enough time to make profit.

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danherbias07
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September 06, 2020, 07:57:02 AM
 #2

Indeed.
History repeats itself using a different name.

They are all being pulled by it and causing a big ruckus in social media.
Some newbies will be coming in without hesitation and just buy that damn coin because its popular.
I don't think this will last long.

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September 06, 2020, 07:58:09 AM
 #3

It’s all temporary and during this hype only thing smart investors what they do is that making money in quick times. And later on, small investors who see that it is rising enters at higher prices where this people starts to sell and price crashes. So whales make money by then and unfortunately this investors end up losing lot of money which we have seen in the past as well. That’s is why it is important to study and then invest.
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September 06, 2020, 08:04:07 AM
 #4

I am not even bothered by the hype that exists, precisely with the presence of ICOs, IEOs and DeFi, we can all learn that something that goes up instantly, it goes down instantly. To get to true success, we must keep trying and can't just rely on hype alone.

In addition, hype can also be used as an interesting material for public discussion and has the potential to get a new vision for the public who have not used cryptocurrency in their payment system. At least they know beforehand, that there is a digital currency and blockchain technology here, thanks to the virality of a media which reports that Ethereum Miners raised 500k USD in 1 hour. Isn't that an interesting thing to discuss for people who don't understand cryptocurrency?

They will learn, they will try to use it and some may copy and develop the system and then adopt it
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September 06, 2020, 08:07:19 AM
 #5

Have look on DeFi page in Coingecko  everyone one is showing red and to think just last month we are on hype in DeFi people are praising them in high heavens but look what happen what will happen now is this the end of DeFi or this must happen for us to see what DeFi projects are worth investing.
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September 06, 2020, 11:23:13 AM
 #6

Many are into crypto for a short term gain and this is the reason they all join the FOMO. 2017 is one of the longest hype so far. ICO were so overrated and really a lot of people make good amount of money. That was when buying token of a project would see you making 10x of the buying price within few days. IEO was just hyped but not much money were invested by people. Defi is getting hyped more than IEO and people are putting much money than IEO but still less than ICO in 2017
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September 06, 2020, 11:32:02 AM
 #7

ICO, IEO and now DeFi.
Have you seen that none of these are long existing? ICO created hype back in 2017, then IEO come into the ground and now it's time of DeFi. But with all of them, a lot of people were attracted and get scammed.
But some people also have the success, the smart people make money, while those who are not making a research they will fail in investing.
It's not the fault of ICO, IEO and now DeFi as there are legit projects under this, it's the fault of some investors who failed.

It's not that easy to make money, dude. Don't run after anything which creates significant hype. Take time, observe and make decision. You have enough time to make profit.

Hype is useful, without crypto hype, bitcoin would not be popular, remember 2017, bitcoin got its ATH because of hype.

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September 06, 2020, 11:55:18 AM
 #8



Hype is useful, without crypto hype, bitcoin would not be popular, remember 2017, bitcoin got its ATH because of hype.

I'm ok with the hype as long as these projects can back it up with usable platform and potential for profit for investors, every coin gets hype, it will take some time to see the real colors of these DeFi if they live up to expectations but I have seen some of their features and I believe they can recover I hope I'm right.

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September 06, 2020, 12:04:27 PM
 #9

ICO, IEO and now DeFi.
Have you seen that none of these are long existing? ICO created hype back in 2017, then IEO come into the ground and now it's time of DeFi. But with all of them, a lot of people were attracted and get scammed. It's not that easy to make money, dude. Don't run after anything which creates significant hype. Take time, observe and make decision. You have enough time to make profit.
they only know how to burn their money, don't want to read every project that appears whether it is good or not, while what they know is big profits, who will get it sooner and who will be late, they will go bankrupt, even though since 2017 ICO and IEO are no longer decent now even abandoned, I think this DeFi system does not last long either, so be careful it is necessary not to rush to take anything, learn from the experiences of people before you

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September 06, 2020, 12:09:45 PM
 #10



Hype is useful, without crypto hype, bitcoin would not be popular, remember 2017, bitcoin got its ATH because of hype.

I'm ok with the hype as long as these projects can back it up with usable platform and potential for profit for investors, every coin gets hype, it will take some time to see the real colors of these DeFi if they live up to expectations but I have seen some of their features and I believe they can recover I hope I'm right.

There's still a lot of projects now that are a product of ICO, hence we can't say that hype is no good, otherwise they will not raise a good amount to fund the project, some of the projects we are seeing that are coming from ICO are Ethereum, Binance, and Tron coin, these are real platforms which already made their investors profitable, so as long as we are careful, we can see how this hypes would benefit the market.

Of course, when investing, we have to consider that not everyone will be profitable, some will lose while some will make money, as simple as that.

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September 06, 2020, 12:16:21 PM
 #11

The hype is fine, Defi is fine, but what's not good is the people who used these hype to take advantage of others, as well as the people who easily fall for hypes without proper research. It may be temporary but there are real ones, it's just that scammers will always be there. Regardless if it's ICO, IEO, or Defi, once something gets attention, scammers will also join the hype to scam people, and that's inevitable.
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September 06, 2020, 12:24:01 PM
 #12

Have look on DeFi page in Coingecko  everyone one is showing red and to think just last month we are on hype in DeFi people are praising them in high heavens but look what happen what will happen now is this the end of DeFi or this must happen for us to see what DeFi projects are worth investing.
All altcoins are bleeding, because bitcoin is going down and it scares many investors this market. Even ETH price has dropped by nearly $ 200 in just 3 days, this market is very unpredictable and we cannot avoid collapses like this one.
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September 06, 2020, 12:29:23 PM
 #13

Have look on DeFi page in Coingecko  everyone one is showing red and to think just last month we are on hype in DeFi people are praising them in high heavens but look what happen what will happen now is this the end of DeFi or this must happen for us to see what DeFi projects are worth investing.
All altcoins are bleeding, because bitcoin is going down and it scares many investors this market. Even ETH price has dropped by nearly $ 200 in just 3 days, this market is very unpredictable and we cannot avoid collapses like this one.
so many factors why this market included bitcoin bleeding now, beside price already rise strongly in few weeks ago , its time to take profits for whales trader and usually it combining with FUD so panic sell will happen. every trader now suprised with current dumped and beginner will sell their asset and make major correction.

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September 06, 2020, 12:34:47 PM
 #14

The time the hype was at its highest was not when those projects were launched, but rather when it became popular; this popularity leads to FOMO, attracting investors and scammers who would want to rip off the new investors. ICOs were a product of the blockchain hype with devs leveraging on the technology to sell half baked projects which were only feasible on paper

We had hype around blockchain when it first became popular and the internet got lots of interest when it became available publicly. This two inventions had lots of hype, but were very essential in the advancement of technology, undergoing more developments along the way to get to its present stage.

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raidarksword
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September 06, 2020, 12:56:23 PM
 #15

DeFi is on trend right now and what makes it scary is that greedy people are taking advantage of it, creating DeFi fake projects just to fool people and to get them into the DeFi hype train ecosystem wherein they know many people wants to have a quick money of it. I know there are some legit DeFi projects out there but we cannot take away the bad people wants to grab the opportunities to scam people in crypto. Nonetheless, DYOR should be exercises in any circumstances of investing.

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September 06, 2020, 01:06:08 PM
 #16

Whatever the situation, crypto is a speculative assets with price driven by hype. In the real world, you can't compare it with the stock market, that's why the hype of a trend will always be created. Join the game and make quick profit but don't be greedy.
In every trend of cryptocurrency trend, only few survive as the rest becomes worthless.
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September 06, 2020, 01:06:20 PM
 #17

Don't run after anything which creates significant hype. Take time, observe and make decision. You have enough time to make profit.

Sadly, not everyone has the same thoughts as you and the rest of this community. Besides, these companies keeps on creating progress that'll create a good hype that would sell to the market. The biggest hit was the ICO. Though there were good intentions behind those good projects, but all got ruined when devs, programmers, and everyone in the team wants to take advantage of the hype and the urge from the investors.
This will go on forever as the fellow investors wants to take advantage as well looking for the easiest way to make good profit.

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September 06, 2020, 01:09:33 PM
 #18

Yes its Exactly all the name of hype you mentioned .I think from all these defi gets on top and i hope it will ling last cause has strong financial system .I think defi will be the future platform of investment .

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September 06, 2020, 01:10:14 PM
 #19

Hype is just good for those who know when to enter the hype and know when to exit.
Hype is just good for those people who aren't that greedy and when they got some profit from it, they will stop doing it again.

Aside from the 2, I don't think that there is anyone who will benefit from hype. Investors throughout the years are losing their money because of different hypes from the ICO hype 2-3 years ago from the IEO hype and now this DeFi hype. I always say that thing many times before investing into a thing that is being hyped.

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September 06, 2020, 01:10:36 PM
 #20

Indeed, I also prefer to act in this market when we have no strong excitement. When people start to panic, they do a lot of stupid things and lose their money.






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