DEFI question?

[rafter_01]

Hi All,

Any defi coin i buy do i need to stake or can i just accumulate as much as i can on an exchange and hope for some profit?

Or do all buyers of DEFI coins stake?

Thanks

[Ghani]

Hi All,

Any defi coin i buy do i need to stake or can i just accumulate as much as i can on an exchange and hope for some profit?

Or do all buyers of DEFI coins stake?

Thanks

DeFi is not always related to stake and yes, you can use the second option by accumulating as much as you can to make a profit and selling the tokens once your target is sufficient because many people do the second option more often than the first.

[batang_bitcoin]

Hi All,

Any defi coin i buy do i need to stake or can i just accumulate as much as i can on an exchange and hope for some profit?

Or do all buyers of DEFI coins stake?

Thanks

I advise you to accumulate bitcoin or ethereum as much as you can but mostly, focus accumulating bitcoin. If you have noticed that the price was $9,900 last time. It managed to moved up rapidly to $10,700. But if you like defi, you have a reference to look at.
https://coinmarketcap.com/defi/

[target]

You can buy Defi cons as much as you like from exchanges just make sure its a good defi project.  There were coins like TRX that you will stake to earn DEFI tokens as I read on the chat, its not worth becuase it will take time before you can get substantial amount than just buying them.

Staking your DEFI tokens is deffirent, to some platform it means minting the stable coin to lend which is a way for you to profit. Carefully learn which platform you do this or learn the hard way.

[AhmadM]

So you are wanna try to look for some profits in this defi hype? I think it is not a wise option to do since you just FOMOed on it, better to learn more till you understand it well then you can put your money in.

Some good resources for you to learn:
[1] https://academy.binance.com/blockchain/the-complete-beginners-guide-to-decentralized-finance-defi
[2] https://academy.binance.com/blockchain/what-is-yield-farming-in-decentralized-finance-defi
[3] https://bitcointalk.org/index.php?topic=5275390.0
[4] https://defisafety.com/

[kingzpro]

It is upto you so you should decide yourself, staking is a relatively longterm program while i have seen people entering at presale prices for a quick 10x to 100x which many defi projects have already provided so flippers from ico era have now found their new playground to say the least.

[didzi]

Hi All,

Any defi coin i buy do i need to stake or can i just accumulate as much as i can on an exchange and hope for some profit?

Or do all buyers of DEFI coins stake?

Thanks

check this link https://coinmarketcap.com/defi
and choose any kind of defi type project mate,, i believe not all buyers wull stake their defi coins buddy, sometimes they just bought for profit

[rexxarofmoknathal]

Hi All,

Any defi coin i buy do i need to stake or can i just accumulate as much as i can on an exchange and hope for some profit?

Or do all buyers of DEFI coins stake?

Thanks

Hey, you don't have to stake at all but it is another way to earn a little extra. However, you can just buy the coins and keep them on the exchange at your own risk. In other words, it is up to you if you want to stake or not it is not mandatory, and equally you can accumulate on exchange too. There're pros and cons with each method and it is for you to decide which one is for you

[Twentyonepaylots]

May I know what DeFi project you do want to invest in? coz the market is literally f8ked right now with shitcoins and surprisingly they are pumping for weeks DeFi isn't a staking one if that's your only question, you can just buy their coins as many as you want and cry later calling for the project CEO lol kidding aside, decide to yourself which project is best for your money 80% are just shit and will your pocket loose 

[Iyeman]

You can accumulate your defi coins as much as you can or you can also stake them all at the same time. The two options were possible to did it. Mostly the defi buyers are staking their coins to get the annual yield. Some defi projects are also offering very big APY that makes the holders can farm more and more coins very fast and then dump it to the market.

If you wanna get the staking yield from your coins and just stake it. Almost all buyers to stake in the defi platforms.

[AmoreJaz]

May I know what DeFi project you do want to invest in? coz the market is literally f8ked right now with shitcoins and surprisingly they are pumping for weeks DeFi isn't a staking one if that's your only question, you can just buy their coins as many as you want and cry later calling for the project CEO lol kidding aside, decide to yourself which project is best for your money 80% are just shit and will your pocket loose 

if he will just continue to accumulate his defi tokens, more then likely he will regret that he didn't sell when it has still value in the market. because let's admit it, most of these defi projects will die down in few months time. only those with real intentions of implementing their objectives will survive. and right now, we can't see which projects have the chance to pull it off.
 but there are already warning signs for those that may end up as scam such as those projects resorting to plagiarised wp, using fake profiles.

[asriloni]

Hi All,

Any defi coin i buy do i need to stake or can i just accumulate as much as i can on an exchange and hope for some profit?

Or do all buyers of DEFI coins stake?

Thanks

You can buy more and more defi coins to be stored into your wallet. Stake is just like a feature that being offered from that platform. As a user you can choose whether you wanna try to stake your coins or keep it in your wallet. it doesn't matter whether you wanna get the passive income from your coin or not.

Majority of buyers will always take the opportunity to get more profit from the market. I should remind you that if when you can get more and why not? That's not a mandatory but that's worth when you are staking your coins.

[SquirrelJulietGarden]

Overview on DeFi
DeFi hacks [history]
[Tutorial] Decentralized Finance (DeFi) for Noobs
DeFi Safety - Audit List
[DeFi] Yield Farming Guides
[BIG LIST] DeFi Projects & Tokens
Define the (scam) DeFi

[max6575]

work on customs with the decentralized manage gives of chance on parties gains with benefit of offers as appealing uses of possession with equity on extensive as confirmation with the release of objective notion to put on masses with initiation on parts of the trader.

[CuriousGeorge]

If you have bought defi coin and why don't you just stake it and earn incentive from the platform? If you have no intention to get this and is not it better to buy native coin rather than defi coins? people are buying the defi coins caused by the incentive that has already offered like big farming yield of sushi.

You can accumulate as much as you can afford it but that will be used if you are only keeping it when you have ability to use it to get incentive everyday.
You should decide by yourself. It's not all buyers staking defi coins but they are buying defi coins for fast profit.

[Henrytrust]

I read through the posts and links on the thread and it's been very educative. Decentralized finance may become more pronounced in the future, if the loop holes are worked upon. I got to know about yield farming and the various platforms that could serve in this capacity. Yield farming can be enjoyed majorly by whales, who are willing to take the risk.

[DanielGrosso]

Hello Friend how's it going ? Daniel Grosso writes here, the Defi are a good investment option but I recommend that you do not invest in DEFI that have a food name such as suchi or hot dog because they went on sale and in less than 24 hours they have experienced a pumping movement and Collapse, so the best thing would be to educate yourself more so as not to fall into bad investments, greetings

[mamesso]

You can buy as many defi coins as you want, Moreover, defi is now a trending topic in this forum, Very many investors have bought defi coins and kept them in their wallets. But you should not be too passionate when investing, you must know when to buy and when to resell, because if you are wrong when making a decision, then the risk is you will lose the money that you have invested. 
My advice, make quality investments, do not by quantity.

[minairia3]

Any defi coin i buy do i need to stake or can i just accumulate as much as i can on an exchange and hope for some profit?

Not all can be stake. But majority of the defi can be staked. If youre looking for a defi that is focus on staking I suggest mantradao and swingby. Both of their staking APR is high. If you go to exchange supported their staking, you can see that the reward percentage is 88%  so its not a bad deal to buy a lot of mantra and just stake it on the exchange. They have upcoming rio defi so, I guess thats a good chance for you to buy this coin.

[Jawhead999]

Hello Friend how's it going ? Daniel Grosso writes here, the Defi are a good investment option but I recommend that you do not invest in DEFI that have a food name such as suchi or hot dog because they went on sale and in less than 24 hours they have experienced a pumping movement and Collapse, so the best thing would be to educate yourself more so as not to fall into bad investments, greetings

Named DeFi coin with a food name is one thing of many red flag how the project is not serious, it's more like joking. But, it doesn't mean all DeFi project without food name is legit (e.g. YAM).
To determine whether legit or scam is you need to check their team, whitepaper, social media, the token utilities, etc. IMO all of YFI forks will collapse soon.