What do You think about YFI ?

[shakesbear]

A very interesting token, a small total supply, but the price has already increased very much, although this does not prevent it from making +30% per day.

[1714747344]

1714747344

[bitcoingape]

YFI is launching on Coinbase Pro, September 14, This is very strong news, I think the holders should be happy.

https://blog.coinbase.com/yearn-finance-yfi-is-launching-on-coinbase-pro-af730b9c5ef0

This could even help yfi to achieve 50k target, for sure if It list on Coinbase

[bobyhodob]

For this time learning and knowing the ability of any kind you have to ingage is source of technique that makes more chances to become success.

I really agree with what you said and now there are more and more learning media, which means there are no limits to learning something so that when you are looking for information, you will know better than before because you want to learn something that you just know.

[cryptoaddictchie]

A very interesting token, a small total supply, but the price has already increased very much, although this does not prevent it from making +30% per day.

The price is actually dumped now. It almost reached 40k and the highest ATH it does. What worries me is if the whales accumulate almost all of its supply. Probably the price could increase due to hoarding but guess what? Some tokens have low supply but sticking them on your wallet wouldnt let you earn passive income.

Thats what people like YFI cause its a new system of yield farming and many benefited from it. Aside from its value you earn from its protocol. Very nice introduction by Andre actually.

[casperBGD]

A very interesting token, a small total supply, but the price has already increased very much, although this does not prevent it from making +30% per day.

The price is actually dumped now. It almost reached 40k and the highest ATH it does. What worries me is if the whales accumulate almost all of its supply. Probably the price could increase due to hoarding but guess what? Some tokens have low supply but sticking them on your wallet wouldnt let you earn passive income.

Thats what people like YFI cause its a new system of yield farming and many benefited from it. Aside from its value you earn from its protocol. Very nice introduction by Andre actually.

yeah, it reached 40k, but there is a lot of rise on these values as well, i would like to see Crone at the moment, he did not reserved any token for himself, and YFI reached highs in a month, some earned a fortune, but many lost money as well
it was a roller-coaster ride for a month, now one should wait for next ride

[Bossfidelity]

YFI came to limelight after the value increased exceeding the value of Bitcoin. I learnt that YFI was listed at about 90$, but in a space of less than two months, the value rose to over $30k. The major reason for this level of increase is because of the low supply of the tokens. I learnt that the total supply of the tokens is 30,000 and there was no tokens sales. The early holders of the token earned it from providing liquidity for other yearn finance tokens.

[royalfestus]

I think YFI has been hugely manipulated, otherwise you can't see such huge fluactuation of $38000 ATH from $35 within less than 2 months. It has got huge hype, I think It is way more over rated and should be avoided.

I will wait for another version of YFI, at this price it is too late for me to get on the train. My only fear for new YFI is scam, I believe some scammers will be looking in that direction. Copy the roadmap and whitepaper then adjust few things then through it. Defi are crazy lately, some dont even need investors, they can get going and make crazy profit for any holder. So eyes should be wide open

[djmixen]

Heya

Guys what do you think about yfi

is it worth to invest now

or it should be avoided as of now

First, don't be attracted to what happen to its price in the market. Let me share to you something, I have seen a coin listed in yobit on the first day until its first week the volume was crazy moving to that platform until it reached the higher peak price was 1.9BTC something each token, then after 1 month almost the price went down little by little until more months came up the continuously dropped until the price went down into zero satoshi and no demand now, so it can happen also to that one.

[sayulita]

YFI is launching on Coinbase Pro, September 14, This is very strong news, I think the holders should be happy.

https://blog.coinbase.com/yearn-finance-yfi-is-launching-on-coinbase-pro-af730b9c5ef0

This could even help yfi to achieve 50k target, for sure if It list on Coinbase

I am not so sure about that, the coins only get pumped before getting listed on coinbase and after getting listed on the exchange they just loose their value in a matter of a day or so. So I assume the same is going to happen to YFI as well and we can see a good dump in price after it gets listed on coinbase.

First, don't be attracted to what happen to its price in the market. Let me share to you something, I have seen a coin listed in yobit on the first day until its first week the volume was crazy moving to that platform until it reached the higher peak price was 1.9BTC something each token, then after 1 month almost the price went down little by little until more months came up the continuously dropped until the price went down into zero satoshi and no demand now, so it can happen also to that one.

Eventually all the altcoins have a lifespan and they perform very well in the start of it and then mostly tend to die after a few months and only a handful of them survive after one year and we all know that only a fraction of these survive after lets say 5 years.

[taynguyen_cry]

 I consider investing in yearn.finance very risky at the moment. I was surprised when there was a token whose price exceeded bitcoin for me it's quite interesting, but I'm still really not sure YFI's price will get more expensive in the long run for me the price of YFI is very risky.

[sangjoewara]

I consider investing in yearn.finance very risky at the moment. I was surprised when there was a token whose price exceeded bitcoin for me it's quite interesting, but I'm still really not sure YFI's price will get more expensive in the long run for me the price of YFI is very risky.

Regardless of your belief in the price of YFI tokens in the future, but you are currently seeing the fact that YFI tokens have a selling value that is twice as high as Bitcoin, even though there is a very big risk if YFI later experienced a very large decline.

[GreenStox]

I'm not sure but the self farming mode coins are relatively new and there are many types that mimic YFI, I'm not sure but the choice is still yours, if you really want to take the risk, please buy but don't keep it for a long time, and buy when the moment is right for example, when the market just rises again when it decreases because what I see defi still dominates the increase when the market moves up.

[carriebee]

There’s so much new project these days, and this yfi I think you have to be careful investing. Imo it's a huge manipulation and of course, a lot of people invest in. Let's also watch out in the coming months if this project will have an improvement.

[distr@yopmail.com]

There’s so much new project these days, and this yfi I think you have to be careful investing. Imo it's a huge manipulation and of course, a lot of people invest in. Let's also watch out in the coming months if this project will have an improvement.

there are some people already stuck in this coin. everyone must be careful. although all cryptos also carry the same risks, DeFi's current popularity is prone to scammers. some of the other new projects we should look at carefully.

[lixer]

The price of Yearn.finance keeps on increasing, and as of now it is ranked as the number 25 asset on Coinmarketcap with a market cap of over $900 million, and a price of over $30,000 (before now it has been at $29000, just checked back now and the price has already gotten to a higher level). It has been something DeFi this year they have all been trending and their prices are increasing on steady.

The question should be what follows next and when? As for a correction, that will possibly take place, but we can’t tell when it’s going to be exactly. So, if you’re planning to invest in it, you should be careful and invest with little amount in case things turns out to start falling.

[Ozero]

Now the YFI token has already risen to 23rd place in the CoinMarketCap table with a capitalization of just over one billion dollars. However, the price has dropped to $ 34,429 and is down more than 14 percent. Given that the number of tokens issued is very small at 30,000 YFI, the price can be manipulated very easily. Personally, I would not buy this token at such a high price anymore. And holding it further is very risky.

[AmoreJaz]

Now the YFI token has already risen to 23rd place in the CoinMarketCap table with a capitalization of just over one billion dollars. However, the price has dropped to $ 34,429 and is down more than 14 percent. Given that the number of tokens issued is very small at 30,000 YFI, the price can be manipulated very easily. Personally, I would not buy this token at such a high price anymore. And holding it further is very risky.

though the supply is very small, yet i havent seen any working product yet of their platform. if they can manipulate this project without having active use case at the moment, then theres something questionable about their true intentions here. the price drop is very imminent on this one. so not really a safe option to venture with.
 my first impression on this Y project is something that they are running a bogus business here. stay alert!

[marilynmanson21]

If we would talked about the price of YFI, this price is created by the hype of the defi thingy, it's quite amazing that this coin could surpasses the Bitcoin price. If you asked if it's worth to invest into it right now, i would say it is not a good decision, it's better to invest into other token/coin because of the price are already way too high at this current time.

[k3rnel31]

It is just a ponzi scam like russian miner coin RMC reached 100k$ then dumped to 600$

[chikator]

YFI is kinda risky. Its bullish run is so unnatural you would think that it is manipulated and personally i would think that. You cant win on something like that, it might get dropped any time soon.