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Author Topic: What do You think about YFI ?  (Read 1271 times)
InwardContour
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November 05, 2020, 12:05:15 PM
 #121

For now YFI doesn't look cool technically. Major support areas are low around 5k$, hence buying some at this level might be a little risky unless with some reasonable fundamental analysis. However, the market decides for itself, no one can predict the market perfectly. I heard KP3R founders are still behind YFI, but not sure. I'm holding some YFI but already in big loss, hence I have no option but to hold long term. Going by development progress, YFI has a solid project anyway, but price-wise it already pumped excessively hence this correction.
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November 05, 2020, 05:16:55 PM
 #122

in my opinion, for the time being, try to hold it first, because the decline experienced will give a warning. I advise not to be tempted by a large popa but at the time the price of parachuting feels abnormal. This is usually done to lure investors to be trapped at a high price, and then lose a very large nominal value. even double what was invested.
always be alert and watch his movements. take the right moment, and execute according to your considerations.

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enhu
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November 05, 2020, 05:28:37 PM
 #123

in my opinion, for the time being, try to hold it first, because the decline experienced will give a warning. I advise not to be tempted by a large popa but at the time the price of parachuting feels abnormal. This is usually done to lure investors to be trapped at a high price, and then lose a very large nominal value. even double what was invested.
always be alert and watch his movements. take the right moment, and execute according to your considerations.

Very risky I wouldn't buy if I were you.  I bought at $14K after it peaks at almost $40k but it instead drop to $8k. I'm at loss, this is because I beleive to that vlogger on youtube who kept spreading good details about it. BTC is rising up, this is just going to make altcoins bleed more in the coming months. They may be green for now but it will not go up to its ATH if BTC keeps spiking.

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November 05, 2020, 05:47:36 PM
 #124

Depending on your own, I see it as a hype coin and of course there are a lot of risks and high returns that it creates in a short time.
you just have to choose what to do.play it safe or take the risk.
if you want to be safe just avoid hype coins like that, but if you want to try your luck in a short time, please enter.

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Argoo
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November 22, 2020, 03:09:57 PM
 #125

in my opinion, for the time being, try to hold it first, because the decline experienced will give a warning. I advise not to be tempted by a large popa but at the time the price of parachuting feels abnormal. This is usually done to lure investors to be trapped at a high price, and then lose a very large nominal value. even double what was invested.
always be alert and watch his movements. take the right moment, and execute according to your considerations.
When the YFI token recently began to plummet in price and fell to almost eight thousand dollars, I thought that it would no longer rise significantly in value, and in any case not so quickly.  However, almost immediately it began to grow again and the day before yesterday it almost reached $ 28,000.  Now its price has dropped slightly again, but it looks like this token will still live.  It is interesting to observe now its price movements after it reached the price of more than forty-three thousand dollars quite recently.  Of course, such a price for him again will hardly be achievable.

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Alexmagn84
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November 22, 2020, 03:22:40 PM
 #126

Practically entire of Y family coins have been confronting large downtrend and I believe that the genuine YFI will be additionally following such pattern. The bullish will never remain perpetually and you should realize that. I am not inspired by, there are huge loads of undertakings out there and everybody imagines that one of them is the following huge thing that they will make a huge load of cash however in all actuality I don't perceive any of these the following huge thing that will permit you to resign early.

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November 22, 2020, 03:29:22 PM
 #127

YFI is just Yoken Defi, and you are currently defi still hype,
I think that if Hype Defi ends then fomo Defi ends, and results in many defi tokens becoming rect,
maybe YFI will also be affected.

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December 16, 2020, 08:59:30 AM
 #128

YFI is just Yoken Defi, and you are currently defi still hype,
I think that if Hype Defi ends then fomo Defi ends, and results in many defi tokens becoming rect,
maybe YFI will also be affected.
Maybe but till the time yfi is making gud money to their investors

but can,t ignore the fact that there is huge change of being rekt

Thank

amarmurgi
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December 16, 2020, 01:56:27 PM
 #129

YFI may be an important one but its price is still high but there is a lot of risk for this YFI when it is so fast ahead, I may not know much about this token but I will say that I think I can get good profit from it in future, So I will not agree to anyone investing here, maybe for a short time you can get a good profit. It is your job to discover what that is and to bring it about.
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December 16, 2020, 02:22:23 PM
 #130

Since YFI was listed on CoinBase the price has been on downward trend. It will still do well but those people that hve made money in it have already did, I don't see it doing 10X from the current price. I would rather look for project with great potential that has its market price below $20 million that can do at least 5X

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December 16, 2020, 02:51:26 PM
 #131

I for one imagine that most coin you will pick will make some benefit for you over the long haul YFI. I imagine that this coin isn't getting controlled as all that has been running by the engineers of YFI extremely straightforward to the dealers or clients. On the off chance that you are deciding from the low stock and I ought not be a solid motivation to state this coin was getting controlled by the engineers.


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Inspiron14
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December 16, 2020, 07:27:47 PM
 #132

Hype Defi makes new projects like YFI phenomenal, because the very high increase in YFI prices makes YFI popular,
but also takes a toll, this is how trading works, if you buy above then you can get stuck,
remember, YFI is just a DeFi coin , if you want to invest there, make sure you understand DeFi first.

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