What do You think about YFI ?

[Aqcizromencez]

I think personally I will not enter YFI for now because I don't know much about this project yet, and the price is quite surprising for me too.and what I'm afraid the price will drop that is the reason why i am afraid of investing in yfi.

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[ScamViruS]

Heya

Guys what do you think about yfi

is it worth to invest now

or it should be avoided as of now

This is a project to create over hype and highly manipulated the market price of this token. This token is being manipulated in the market by many gangs and has managed to create a lot of hype. We've seen before what the consequences of such projects are and how bad the situation is, when big people create hype. So it is much safer to keep yourself away from this project.

[qazgroup]

Heya

Guys what do you think about yfi

is it worth to invest now

or it should be avoided as of now

If you can read the charts, buying now can be full of risk as peak has formed and it is expected that we will see deeper correction before the continuation of growth of value of yfi. So if you are keen you should open a buy order at a lower price.

[Viscore]

Look, YFI had started great but what we have seen now it is likely they are ended up badly. This is the cause of hypes and for sure many investors had already loosened up their grip and sell it. I was encouraged by then to buy some but the doubts hold me as I'd never see such strong supports that hold the hypes and that's it, it was done shortly.
It finds that much better to choose those coins that have already been established well, otherwise, just making your money throw away.

[tvplus006]

Look, YFI had started great but what we have seen now it is likely they are ended up badly. This is the cause of hypes and for sure many investors had already loosened up their grip and sell it. I was encouraged by then to buy some but the doubts hold me as I'd never see such strong supports that hold the hypes and that's it, it was done shortly.
It finds that much better to choose those coins that have already been established well, otherwise, just making your money throw away.

But now YFI presents great opportunities for traders to get a high profit. This high volatility of YFI allows you to work with margin both long and short. But we must be prepared for the fact that the price of the coin may drop very much, so do not forget to set a stop loss.

[flagpara]

I must admitted this is the first time i have heard about the YFI coin,so i go to coinmarketcap to check YFI information,it was so astonishing me,how a coin could up to such price,except BTC.Obviously,for me,i am definitely not investing in YFI,due to its high price and unfamous.

You didn't hear about yearn. finance coin which doesn't mean this is unfamous coin. Top 28 listed coins which means something good there. Although I support your view, we shouldn't invest in this coin, the price is too high. But I'm seeing that only yearn.finance coins have the highest value than Bitcoin ( although supplies are different).

[Velvet78]

YFI seems to hurt people in terms of financial loss. The price of YFI first went up to $ 44000 and now it has reached $ 17500. One should avoid investing in such rapidly rising coins.

[arabianhorse]

yearn.finance (YFI) good project. Teams is very active. But the way the YFI price goes up and down, I think it is very difficult to invest here. If this continues then YFI will do something good. But in my opinion it is better not to invest here.

[irixo10]

Although I don't know much about the YFI project but I won't fail to acknowledge the fact that the team was active, and this activeness can be seen in terms of hype or development. My reason for this is owing to that fact the price moved to as much as $40k and thus many people made good profits, and had it been the Defi hype is still very much alive then it might be worth taking a risk and getting out as soon as possible but considering the price now and the current nature of DeFi projects, it is a bad idea to invest in it. The difference between the previous price and the current price is just too much and I don't think the price will ever rise to such extent again because people have now channelled their attention to other DeFi projects.
Hence, the project is one of the hyped projects in the DeFi space and the price dump is terrible, so focus on other potential projects.

[Ozero]

Those who believed in this project earned well. In General, the situation now resembles the cryptoboom of 2017. Many of the DeFi projects show very good profitability. YFI is one of these projects.

Agree.
Think there is still huge amount of profits to be taken thanks to this coin.
With the coin now falling to 23k$ while it was still at 34k just few days ago, there is still potential for a huge bull run so if I were people, I would buy it now and enjoy a new ride.

It is unlikely that you would bring moral and material satisfaction to invest in the YFI token at its price of $ 23,000. A few days ago, this token fell to $ 14,000, and now its price, due to the general slight growth of the cryptocurrency market, is $ 18,581. In any case, such an investment would still be unprofitable.
There was information that the developer of this project fell into depression and is no longer involved in it. If this is true, then this project will soon face difficult times.

[passionplus]

I have less knowledge about YFI.
But Yearn Token is the most valuable token in the present time.
So I buy some yLand token.

[bits4books]

All that can be said about YFI has long been said both on this forum and by the charts themselves.
If all cryptocurrencies and the market itself are often compared to a bubble, then your vaunted YFI is a 100% bubble in its most pristine form.
The main question is whether you will have time to get out of it so that you can earn money? If you have time, then of course invest and you will be able to get a good profit, but if you do not intend to look at the terminal continuously 24/7 and react to any wind blow, then it is not worth it. This is really a real casino, and as we know - the casino in any case remains the winner.

[JeffBrad12]

YFI seems to hurt people in terms of financial loss. The price of YFI first went up to $ 44000 and now it has reached $ 17500. One should avoid investing in such rapidly rising coins.

The price of each YFI has ever touched 12k yesterday and it's the worst thing that happened with YFI. So many people were putting non sense of expectation for the future of YFI. The pump that happened before just caused by people were hyping the new defi projects.

The prediction that has already made by a lot of people if YFI was also a pump and dump coin was true. Investing when it reaches the bottom price but we didn't know when that will be achieved.
The pump and dump make it becomes a very risky coin at this moment.

[bustabitsboy]

Many people join YFI because it is a valuable coin today.  Before investing money, relying on my advice, do not be lazy and look at the charts of price changes, this will help you not to make a mistake in buying a coin.

[yurim37]

All that can be said about YFI has long been said both on this forum and by the charts themselves.
If all cryptocurrencies and the market itself are often compared to a bubble, then your vaunted YFI is a 100% bubble in its most pristine form.
The main question is whether you will have time to get out of it so that you can earn money? If you have time, then of course invest and you will be able to get a good profit, but if you do not intend to look at the terminal continuously 24/7 and react to any wind blow, then it is not worth it. This is really a real casino, and as we know - the casino in any case remains the winner.

Prices alerts are your friend 

[2double0]

When asked, it was worth investing in the month of September but now, defi has been sent into grave and is worth shit. This fake pump in the price of defi tokens can't convince me that they are of any worth except that the total money locked into the project for nothing but lending and borrowing purposes.

[Distinctin]

Defi is over ( the sad story) and so YFI will be expected to follow then.
Well, since from the start of the Defi system it gives me a less(particularly no) interest in them. Maybe it was a big surprise how it gains popularity in a very short period of time but sadly, it takes a short stay and loses its momentum. Early investors have their huge gains but I'm not sure how it happens those who come late while the market is on the peak already, I'm afraid if they are suffering losses after.

[bits4books]

All that can be said about YFI has long been said both on this forum and by the charts themselves.
If all cryptocurrencies and the market itself are often compared to a bubble, then your vaunted YFI is a 100% bubble in its most pristine form.
The main question is whether you will have time to get out of it so that you can earn money? If you have time, then of course invest and you will be able to get a good profit, but if you do not intend to look at the terminal continuously 24/7 and react to any wind blow, then it is not worth it. This is really a real casino, and as we know - the casino in any case remains the winner.

Prices alerts are your friend 

Of course. But looking at YFI, you understand that it's better to save your nerves once again than to try to beat Russian roulette, isn't it? I still think that such incidents are not what you want to see on the market. Again, such things scare off new users because a novice understands that this price is too volatile

[Ayiranorea]

People have difference of view over the yearn finance token and on other DEFI projects that reached the market in recent weeks/months. More users have mentioned this to be manipulated market movement, and I don't think this to be completely manipulated. If this is completely manipulated then it could've gone as a pump and dump asset. It regularly shows growth as well as drop in value. Few days back it sold for a value around $13000, and today it is trading for $17000+ value.

[makishart]

Many people join YFI because it is a valuable coin today.  Before investing money, relying on my advice, do not be lazy and look at the charts of price changes, this will help you not to make a mistake in buying a coin.

It's not caused by YFI was a valuable coin but in fact if people can take the advantage from the dump that is still happening with the YFI. The price has already plunged a lot and that means if we will see so many speculators will be using this to make the more profit.
The daily trade volume of YFi has gone somewhere. YFI is good enough but i personally didn't like the product that has already made.

People were betting on the pnd that is still happening with YFI.