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Author Topic: impact of added new token in defi market?  (Read 405 times)
Shasha80
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September 14, 2020, 11:18:22 PM
 #21

Of course the effect will make DeFi even more hype, because there are more choices of coins for investment. And what happened in 2017
could happen again in 2020, therefore, be more careful in investing. Crypto market prices will be more volatile with the addition of new
tokens in the DeFi market. I predict that soon there will be a pump in the crypto market, so take advantage of it for profit taking if a pump
occurs. Don't hold for too long the coins we have, because that will eliminate our chance of getting profit.

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September 14, 2020, 11:41:22 PM
 #22

Of course the effect will make DeFi even more hype, because there are more choices of coins for investment. And what happened in 2017
could happen again in 2020, therefore, be more careful in investing. Crypto market prices will be more volatile with the addition of new
tokens in the DeFi market. I predict that soon there will be a pump in the crypto market, so take advantage of it for profit taking if a pump
occurs. Don't hold for too long the coins we have, because that will eliminate our chance of getting profit.


Partly that's right my friend, I don't trust too much with holding coins for such a long time and it made me so depressed along ago. I was able to believe on so many motivations but somehow it ended up a worst nightmare. It even put my finances into failure on different ways, which frustrated me on my important expenses like my house projects and other needs for the family. Once I believed crypto coins I got will solve all of that problems, but ended so bad at all.


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jawakoak
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September 15, 2020, 06:41:18 AM
 #23

I think its new trend of defi will bring newcomer to crypto world, beginner with fresh money will be interested in crypto when see YFI price, its look like ICO in 2017, new project with defi labels will come more and its good when bitcoin and ethereum use for those project.
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September 15, 2020, 02:58:38 PM
 #24

I think that will just make the exchange less special, I consider Binance to be the best exchange for choosing the right one when it comes to listing new projects, but when DeFi came along they quickly put in quite a number of new projects on their exchange and Coinmarketcap
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September 15, 2020, 03:15:45 PM
 #25

You can take a chance to gain a short term profit with this situation don't take for long term investment. We have at least faced three event until now, ICO, IEO and now DeFi project. Take a look with the privious event, are those two event has good potential for long term investment? Although it is depend on the project itself but most of them are nonsense right now.

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September 15, 2020, 05:34:41 PM
 #26

I think that will just make the exchange less special, I consider Binance to be the best exchange for choosing the right one when it comes to listing new projects, but when DeFi came along they quickly put in quite a number of new projects on their exchange and Coinmarketcap
They were taking advantage of the popularity as well the trading volume it can give in their exchange, DeFi projects were now like ICO before in how they behave in the market, there will be a sure pump and dump that may not also able to survive just like what happened to the old ICO projects now that are soon to be delisted. We can't blame the exchanges as it can be the only way again for them to be known for those not yet popular exchange and this popular exchange like Binance to still keep their customers as DeFi is really a trend now for traders.
defi project are a target for investors now but it cannot be ascertained if all defi or coin defi projects are of quality there are some coin defi down very deep and many victims accuracy needs to be considered before investing even if it's a project defi or coin defi

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September 15, 2020, 08:14:30 PM
 #27

Of course the effect will make DeFi even more hype, because there are more choices of coins for investment. And what happened in 2017
could happen again in 2020, therefore, be more careful in investing. Crypto market prices will be more volatile with the addition of new
tokens in the DeFi market. I predict that soon there will be a pump in the crypto market, so take advantage of it for profit taking if a pump
occurs. Don't hold for too long the coins we have, because that will eliminate our chance of getting profit.

I think the opposite, the market is so full of DeFi projects that I do not see how a few more of those projects add anything meaningful to the community and I will not be surprised if at least a few of them turn out to be scams and the rest end up disappearing as their developers fail to live up to the hype they are trying to generate, people need to be very careful scammers are taking over the DeFi market just as they took over the ico market and we all know how that story ends.
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September 16, 2020, 07:35:29 AM
 #28

For me it will not affect the market too much if the projects listed on the exchange are good projects and also carry a long future, but it is quite sad if the projects just take advantage of the hype defi and they are able to enter the exchange at no cost. Even though their project is nothing special. Many old projects that have been developing suddenly lose out to new projects that use the name defi to become famous.
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September 16, 2020, 07:48:00 AM
 #29

For me it will not affect the market too much if the projects listed on the exchange are good projects and also carry a long future, but it is quite sad if the projects just take advantage of the hype defi and they are able to enter the exchange at no cost. Even though their project is nothing special. Many old projects that have been developing suddenly lose out to new projects that use the name defi to become famous.
Reality is happening now, those old coins who have good feature and still developing are now losing supports due to this hypes.

Investors chooses to invest and take the risk after seeing the potential of gaining from this hypes, there's impact since there are more
options and there are more hypes to follow, be very vigilant in choosing which project to invest especially with DeFi kind of projects.
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September 16, 2020, 09:05:20 AM
 #30

For me it will not affect the market too much if the projects listed on the exchange are good projects and also carry a long future, but it is quite sad if the projects just take advantage of the hype defi and they are able to enter the exchange at no cost. Even though their project is nothing special. Many old projects that have been developing suddenly lose out to new projects that use the name defi to become famous.

This is flowing with the wind sort of thing, where since currently its Defi hype so many projects are coming related to it. Till the time it is growing and those who can make money with those coins good and once we see the fall it will be massive, and people would lose a lot if they continue to hold the bad coins. So, choose the coins wisely I can say for now.
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September 16, 2020, 02:16:45 PM
 #31

10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?
Binance facing scam accusation due to adding the project sushi which exit scammed in less than 24 hours after it got listed and another project in the last couple of days ago did the same and 20 million worth of tokens were locked.

So any reputed exchange has been adding defi shit tokens will lose their reputation.
though sushi dev has returned the money and probably got doxxed or threatened lol. at this point where even binance got scammed i think people should be more alert to what they are investing and making some real research not based on their gut.
the defi project could really turns out to be good or really bad. people over hyping it to the point they just randomly investing and expecting quick profit.

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September 16, 2020, 10:59:53 PM
 #32

From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.

 
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September 17, 2020, 08:11:26 AM
 #33

From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.

are you really sure about YFI? because this project alone, i dont see this as real promising. their services are still in beta up until now. so dont really know the reason why they have high price tag in the market???
 i guess chainlink is the stronger one in the list. anyway, almost all of these defis will see their end very soon. once these buyers realised that they are just buying crap, this hype will be over.
but right now, defi market is enjoying their time. so enjoy while it lasts! their party will not gonna be long...

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September 19, 2020, 04:05:21 AM
 #34

From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.

are you really sure about YFI? because this project alone, i dont see this as real promising. their services are still in beta up until now. so dont really know the reason why they have high price tag in the market???
 i guess chainlink is the stronger one in the list. anyway, almost all of these defis will see their end very soon. once these buyers realised that they are just buying crap, this hype will be over.
but right now, defi market is enjoying their time. so enjoy while it lasts! their party will not gonna be long...
YFI party  continues to UNI party, UNI with uniswap, binance and coinbase bring new hype for DEFI trend, now other platform like tron launching defi project..i see this thing like ICO 2017 happen again..
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September 19, 2020, 08:23:55 PM
 #35

10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?
Binance facing scam accusation due to adding the project sushi which exit scammed in less than 24 hours after it got listed and another project in the last couple of days ago did the same and 20 million worth of tokens were locked.

So any reputed exchange has been adding defi shit tokens will lose their reputation.
though sushi dev has returned the money and probably got doxxed or threatened lol. at this point where even binance got scammed i think people should be more alert to what they are investing and making some real research not based on their gut.
the defi project could really turns out to be good or really bad. people over hyping it to the point they just randomly investing and expecting quick profit.
The problem is that I think we have reached a saturation point, even if good projects come out now every single day we see new DeFi projects making the same kind of promises and we have reached the point in which now it is impossible to tell if a project is good or not and when that happens investors have everything against them as instead of relying on their skills they will have to rely on their luck and that is never a good thing especially in this market in which the majority of projects are scams.
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September 19, 2020, 08:49:23 PM
 #36

From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.

are you really sure about YFI? because this project alone, i dont see this as real promising. their services are still in beta up until now. so dont really know the reason why they have high price tag in the market???
 i guess chainlink is the stronger one in the list. anyway, almost all of these defis will see their end very soon. once these buyers realised that they are just buying crap, this hype will be over.
but right now, defi market is enjoying their time. so enjoy while it lasts! their party will not gonna be long...
I dont see the same thing for it to be on the exceptional side when in talks about YFI.Just like you i dont see any reason for it to be promising.All projects now on DeFi field is just
really being driven by hype.I dont see its relevance.. Im not really that too negative or skeptical but i dont really believe that Decentralized Finance will really be implied
or would really go further.There might be some project whom do able to do so but wont really get that far.I do always have the feeling and perception that
when hype would ran out some gas then its time to have some reverse market price and for people who get hyped too much then better be careful.




For me it will not affect the market too much if the projects listed on the exchange are good projects and also carry a long future, but it is quite sad if the projects just take advantage of the hype defi and they are able to enter the exchange at no cost. Even though their project is nothing special. Many old projects that have been developing suddenly lose out to new projects that use the name defi to become famous.

This is flowing with the wind sort of thing, where since currently its Defi hype so many projects are coming related to it. Till the time it is growing and those who can make money with those coins good and once we see the fall it will be massive, and people would lose a lot if they continue to hold the bad coins. So, choose the coins wisely I can say for now.
Better not to hold and just simply buy and sell will be a better option yet pointing out which project will able to last then its already a hard job to be done.Majority of those projects that do go along
with the hype will eventually die if the trend would lose its hype.For now we are still on the fomo side where people do still interested since its still new but few weeks or months later then
we would might able to see just like on what we have saw on ICO trend.

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September 19, 2020, 09:55:31 PM
 #37

From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.

are you really sure about YFI? because this project alone, i dont see this as real promising. their services are still in beta up until now. so dont really know the reason why they have high price tag in the market???
 i guess chainlink is the stronger one in the list. anyway, almost all of these defis will see their end very soon. once these buyers realised that they are just buying crap, this hype will be over.
but right now, defi market is enjoying their time. so enjoy while it lasts! their party will not gonna be long...
YFI party  continues to UNI party, UNI with uniswap, binance and coinbase bring new hype for DEFI trend, now other platform like tron launching defi project..i see this thing like ICO 2017 happen again..
Ofcourse they are just fueling Defi market by these kind of listings and airdrops so the hype will last longer or else people would exist from the market more soon than what happened to ICO market in 2018.
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September 19, 2020, 11:58:38 PM
 #38

From the list and the only YFI that can bring a big trend for defi right now. I didn't see the rest of coins in your list bring a good impact to the defi market as those coins can't make people to do deep into the defi trends.
That's my 2 cents if that's related to your main question but if that's about the information regarding koinfox and then more assets mean more choices.

That could increase the users of koinfox to use its service. i know if that's a bot service.

are you really sure about YFI? because this project alone, i dont see this as real promising. their services are still in beta up until now. so dont really know the reason why they have high price tag in the market???
 i guess chainlink is the stronger one in the list. anyway, almost all of these defis will see their end very soon. once these buyers realised that they are just buying crap, this hype will be over.
but right now, defi market is enjoying their time. so enjoy while it lasts! their party will not gonna be long...
YFI party  continues to UNI party, UNI with uniswap, binance and coinbase bring new hype for DEFI trend, now other platform like tron launching defi project..i see this thing like ICO 2017 happen again..
A fast switch from a YFI to a UNI hype, well Binance is also joining the hype because they know they can earn a lot from that at the cost of investors. Well, we are seeing the same situation before where ICO is over hyped so expect for a DeFi project for a more volatile price. The impact of new added token will depend on how the project works, so let’s see if we are going to enjoy the effect of DeFi tokens.

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September 20, 2020, 12:42:33 AM
 #39

A lot of people gonna be a victim from Pump & Dump token.
This is what i am afraid off,that history will repeat itself from 2018 altcoin season.
There are many investors that risking their money inside DeFi project
while Manipulator is waiting for their timing to take their money outside each projects.

History of 2017 will be made again these years because of DeFi, and make bad for all cryptocurrency community/asset just because we have a lot of victim rekt on DeFi by exit scam and make high FOMO price.
This will add Bad impression again in Crypto market that still recovering from the past and also from the prices.
Hope People will early realized the situation and full out their money before it's too late.



They should Understand the the safest currencies to invest are those who had been inside for long time and proven their legitimacy and products
so as their services,that there are nothing to be afraid though sometimes price are very affected from volatility.

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September 29, 2020, 03:27:59 AM
 #40

still can't affect my estimate for the latest system defi, because every update will always attract more attention but the results that look new are a little very vulnerable to behavior that looks for opportunities in situations like this, it's good to see developments first and can't decide in fast tempo. so as not to be affected by things that might be detrimental.

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