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Author Topic: How are you staying updated  (Read 401 times)
bitterbit (OP)
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September 16, 2020, 07:09:54 AM
 #1

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?
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September 16, 2020, 07:35:45 AM
 #2

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?
I just actively watch the defi search group as there will always be active members who will always give a new update about that and here's the link https://t.me/defisearch

But on another side, I'm also watching the icodrop telegram group to get the latest update regarding defi.

Both were always giving the regular news about defi or the new defi project but again DYOR is a must.

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September 16, 2020, 08:09:32 AM
 #3

It is very easy to do that, because if you want to always be updated on the latest information about anything including cryptocurrency, then don't be lazy to read and see official places that often provide useful news for everyone, so you will always have the opportunity to take advantage of existing opportunities.
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September 16, 2020, 08:10:42 AM
 #4

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?

If you aren't knowledgeable enough in the crypto community especially with regards to DeFi, better not to engage nor look for upcoming and newly made projects out there. If you were old enough in this forum, you might remember nor experienced being scam with a lot of bounties back then tha published so many fake updates and statistics that even and almost all of its participants and investors are fooled. Same as on some DeFi projects, better know if one is legit but knowing such takes too much time and effort, and not based on their updates alone.

If you want to be the first to grasp the opportunity, better know as well that you can be the first to grasp the risk and the danger with engaging on certain projects. Being updated isn't just because we searched nor there's a community that tells us which and what are legit and should be invested. Being updated is because we took so many time that we research thoroughly first before committing.

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September 16, 2020, 08:37:18 AM
 #5

It is very easy to do that, because if you want to always be updated on the latest information about anything including cryptocurrency, then don't be lazy to read and see official places that often provide useful news for everyone, so you will always have the opportunity to take advantage of existing opportunities.

In additions via your comments, anyone that wants to be updated concerning bitcoin forum and cryptoccurrencies have to access internet, and
Make a proper research through Google or YouTube video to verify what ever he needs. All these can equally find in social Media's such as Twitter and Instagram and telegram.

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September 16, 2020, 09:24:04 AM
 #6

I think that if you are not having a lot of experience in the coding and then just try to avoid to get into the hype. So many investors and newcomers have been getting scammed caused by the dev was putting the unlimited minting function. Even when it was traded on the good exchange site didn't mean the project can perform very well for the investors.

You should think for a twice to join in the any defi platform. As you can see that there are scam defi coins these days. Just try to follow the legit source to get the new information regarding the upcoming legit defi.

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September 16, 2020, 09:24:23 AM
 #7

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?
First grasp? To be able to be the first investor in order to maximize a profit from DeFi or other projects you should know a lot of things first about that project I, myself didn't exactly know how to check if the DeFi projects are real and some users are too greedy to be the first one and didn't manage to review it and ended up losing their money I really think it's alright not to be the first one as long as you know that it is safe you can just wait for other DeFi projects that will gain reputation in long run and invest on it but if you really want to invest on new projects well the risk is high if you don't know things you should be looking or checking.

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September 16, 2020, 09:25:20 AM
 #8

Well, the risk of joining the hype and new projects is really high. The profit could really be enticing, but the risk also follows. There had been news of DeFi exit scams and do not rush on joining any projects just because DeFi projects are extremely hyped today.  Always stick on doing your own research before engaging your self to any project.
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September 16, 2020, 09:27:10 AM
 #9

Just like the usual resources on different websites. I'm not a defi investor but you can use that strategy.

https://coinmarketcap.com/defi/

https://cointelegraph.com/tags/defi

https://defirate.com/newsletter/

https://defiprime.com/

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September 16, 2020, 10:38:05 AM
 #10

Why do you want to stay updated with the defi project? Is it because the trend now is defi, so you decide to follow every defi project news and find the potential defi project that can bring you a big profit? I hope you know what you want to do, so you can prevent from getting the scam by that project. I won't say that all defi project is a scam, but I am worried if some defi project can turn to be the scam project. I don't know where you can find the updated news of the defi project, so I can suggest you search for the other project rather than search for the defi project.

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September 16, 2020, 10:50:20 AM
 #11

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?
Coinmarketcap or coingecko, and then follow the official twitter if there is one. But let me remind you of the dangers about the whole Defi ecosystem, tokenomics right now because it is very toxic to say the least. There are a lot of projects that turns to be a scam in the end. So always do your own investigate or better yet, stay away from the defi hype if you are unsure of.
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September 16, 2020, 11:15:46 AM
 #12

Just keep calm, don't rush into them unless if you know everything on a certain project. I hope you'll never forget the 2017 hype, a lot of people come into crypto, putting their hard work money, and then lose them all. That will also happen to us if we don't be careful this time. Because promising projects will surely be stayed in hype at any time, unlike into shit projects that only driven by hypes just to see it surging and after that, they're dead.

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September 16, 2020, 11:22:53 AM
 #13

It's very easy, it only takes 5 hours a day to research and read the latest news on every official website, so you will always get all the latest information you want, the point is you have to always be active to find new information.
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September 16, 2020, 12:20:32 PM
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There are many people like you who are just chasing each and every defi project but this strategy is quite risky and you should be careful about where you are investing your money. For info about you can visit this forum regularly or be active at social media and cmc.

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September 16, 2020, 12:28:53 PM
 #15

Currently we have many good and useful ways to staying updated in this crypto world few one already mention in early posts but I want to mention few more www.twitter.com is really useful tool for this as well and www.coindesk.com these both giving update news on time for more latest updates few blogs also working but you have to do some search for this as well.
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September 16, 2020, 12:45:59 PM
 #16

Well, this forum is the best news outlet you can get.
Better actually.
Most members here are trying to filter DeFi projects. Isolating scam with good ones.
But, there is still no assurance with that.
After reading a good review from it, make your own deep research about the project you want to jump in.
You lose nothing by being too careful.
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September 16, 2020, 12:59:37 PM
 #17

I think this topic will be useful to you -
https://bitcointalk.org/index.php?topic=5271564.msg55090392#msg55090392
All the most relevant resources are collected here, where you can find the information you need.
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September 16, 2020, 01:12:00 PM
 #18

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?

There is a danger inherent to being the first to jump in. This suggests that you want to buy just because it is DeFi, rather than through a full assessment of the project, its aims, its strengths and weaknesses. FOMO isn't usually a great reason to buy in. I would advise not to jump in until you have completed the necessary research. This way you may lose a bit of profit if it's a good project, but you also save yourself the possibility of being a bagholder of something that will crash to $0.






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September 16, 2020, 01:21:51 PM
 #19

It's easy to know what's new in DeFi through these forum, also in checking new listed coins in coinmarketcap, but even they are listed it doesn't guarantee that the coin will  really be worth investing. Better know the project itself and if plans to join the hype make sure that you will able to monitor it 24/7 as new projects will just hype in just few days or weeks then it will just be like a typical ICO coins l.

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September 16, 2020, 01:37:48 PM
 #20

I want to stay updated on anything defi and be the first to grapse the opportunity. How are you guys doing it?
Truth to be told, I don't know such things as how to know everything about Defi projects earlier than everyone else. And second, I don't think it's wise enough just to know them before anyone else would do you any good. How do you know whether it's a good defi projects or nay? And what would you do once you became the first one to notice them projects? It's your call, try going around in the forum, you'll find what you need and you can also use a "notification" for a certain section, and you'll be notified through your email if that's what you mean being the first to grasp the opportunity.
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