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[Kelvinid]

Seems that hype was just for a short term I didn't even manage to invest on DeFi and yet most of the projects are turning red now. Does is still have a chance that some DeFi project will stay long?

Yes, just the same as how we experienced the ICOs before. It's just for the short term but there are so many people who gain profit from their investment for sure. I also wasn't able to invest in DeFi as I am really in doubt and afraid that they fall anytime after I invested.

HYPES can't be long enough to stay just like we experience last 2017. We got bullish in just a few months but it drops for about a year. That is how the market it looks like and you can't expect that everything will be just fine all the time because after this hype, dips will follow, and investors have already sold their investment.
Well, I don't think was the end of crypto but I assured of that only legit project will be left and those fake projects will totally be dead.

[BuNga_cute]

It seems that DeFi hype is over, if you look at most DeFi projects the price continues to fall. This indicates that investors have started
to leave the DeFi project and are looking for other, more profitable trends. I myself haven't dared to buy DeFi projects, even though
the current price is low enough to buy. I don't dare to take the risk by buying DeFi projects, because I'm afraid the price will continue to fall.
My advice is we just pay attention to the development of DeFi projects for the next few weeks, if there is no price increase from DeFi projects,
then I make sure DeFi projects are over.

[bitcon]

too early for it to be over. defi has just started. lets get this crypto space more profitable with defi.

the peak has just reached. its time to dive but if the project has a good support, it may not be dumped too much and will continue to beat its ATH while its breaking resistances. i'm still rooting for LEND when it finally bottoms, i might just buy more of it.

DeFi is much more than just a growing rapidly ecosystem of cool projects. It is a massive and complex effort to create the coolest parallel ETH based financial system that competes with centralized services. It is supposed to be more transparent and accessible.

[yohananaomi]

if it is over we can see which projects have increased and will remain viable for the future.
Some projects may have gone up since the price of ICO / Ieo was launched and projects that rely solely on the hype defi will certainly disappear in the near future.

do not be too quick to believe the new system that was launched and with a phenomenally very high price, but there is no reflection that there are indeed many who make transactions which some indicate that it is a certainty that it is the trust of investors.
but things like this will keep repeating itself again and there will be no end because they really want to make instant profits that can be done quickly. the behavior of people who continue to seek profit from the bounty scam.

I hope that not many victims are deceived by this defi because it will clearly make crypto prone to misuse.

[giammangiato]

DeFi is much more than just a growing rapidly ecosystem of cool projects. It is a massive and complex effort to create the coolest parallel ETH based financial system that competes with centralized services. It is supposed to be more transparent and accessible.

agree
since the ICO period we have learned and learned many things, much is left of ICOs
I think that DEFI adds another piece to the decentralized parallel system, a system that will make everything more efficient and resilient in the near future

[shoreno]

is yield farming still defi ? because this is now the latest trend as i have seen them anywhere  after the sushi and swap/uni hype .  the chart that you provide shows us a red and major dump from the coins , it looks like most coins goes on the same pattern . this is what we are saying , that we must not go fomo in a way of buying the latest craze coins especially if those coins came out of nowhere because tragedy can happen  . this serves as a warning sign for those who are still waiting for more upcoming projects .

[Lerikaweb]

Oh I think that there are red days for the entire market, not only for defi projects. I like trading on defi coins, they are more dynamic and recently most exchanges show high daily volumes.

[CryptoYar]

There is no doubt that the hype of Defi is going towards an end. I do not understand how many projects can run through this hype.
I see that every other project is based on it, I think this is probably the major reason for the downfall of Defi, now developers will have to think about what kind of project do they have to start, and what will be its use case.
The condition of projects which depended on hype is in front of everyone.

[CryptoTrip]

The dyfi hyip has just begun, day after day more and more new projects are being developed that involve more and more people. A lot of frank scam, but there are also some really healthy products that we all use.

[erikoy]

I guess so. After the sushiswap, uniswap, yearn.finance abd the likes defi projects had turn defi now in silence. I do not know if there could be more Defi projects that will going to achieve like those projects mention above.

Actually there are few good upcoming ICO, DEFI or IEO projects but are not listed or promoted in the forum instead they relay on other ways of spreading awareness or promoting of their project.

One way is to use the survey sites or like the ICO drops for a good list of bounty hunting.

[palle11]

They hype is over but the technology is not over, the market was just over shallowed by worthless project which the current market situation will eliminate most of them and only the best will survive.

The DeFi has been all a hype project. Most have been strategy to dump on innocent investors who thought it was genuine but now what is left is the technology and lets us see how long the tech we spread in the cryptocurrency space.

[onecall123]

They hype is over but the technology is not over, the market was just over shallowed by worthless project which the current market situation will eliminate most of them and only the best will survive.

The DeFi has been all a hype project. Most have been strategy to dump on innocent investors who thought it was genuine but now what is left is the technology and lets us see how long the tech we spread in the cryptocurrency space.

For every action, there is an equal and opposite reaction. What I need to state? Well, DeFi coins have taken the biggest upside, which implies they have the biggest downside too. There's a total market correction going on. This is evident we're her to survive, in case innocent investors were effected most. There's a motivation behind why.

[kikukk]

At the end of this year the DeFi Project will probably die little by little all the fans will leave the DeFi Project we can see from now that the price that can't be controlled will then go down

[Inkdatar]

I can’t say that defi projects hype is over because there are still new projects pop out even in social media. People are still going with the trend just to earn money from it.  The best thing that we can do is not to fall in these trap although there are still some good project. Imo, possible the hype will subside eventually and only those legit projects will remain in this industry.

[wack slacker]

DEFI will convert to a moderate and lower profit margin. Interest will come from reality and people will have a broader approach to DEFI for many years to come.
I think that DEFI projects have been overblown over the past time, leading to FOMO of the market.

Just like the 2017 ICO, the projects that just went on exchanges were overvalued and they collapsed after the market started its downward trend.

[Borocoin]

From my view Defi is still in uptrend and now we have just correction

Look for example at YFFII, very interesting project, before pump, stake working,

Maybe it will be next YFII ( But price is 100 times smaller )

[Spaffin]

To date, DeFi has still not lost its relevance and interest from investors, but one must take into account the fact that scammers have begun to use the current situation and the risk, as well as the danger, is increasing several times.

[Jeremy Franklin]

To date, DeFi has still not lost its relevance and interest from investors, but one must take into account the fact that scammers have begun to use the current situation and the risk, as well as the danger, is increasing several times.

DeFi hasn't reached it's top yet. There are still projects popping up nearly every day (from various food coins to other clones). Most of these projects have absolutely no value and won't be around long term. It really reminds me of the ICO hype in 2017, but this time it's even worse. Hopefully some serious projects will come up pretty soon.

If you guys want to check if a new DeFi project might be another scam, I advise you to check the  Scam Accusations board here in the forum. DeFi scams get exposed there almost every day and our community is doing a great job fighting these scammers.

[qomariah95]

At the end of this year the DeFi Project will probably die little by little all the fans will leave the DeFi Project we can see from now that the price that can't be controlled will then go down

That's what I thought, it looks like Q4 2020 is the end of the DeFi hype. And after that there will be another new hype in 2021. Because too many new projects take advantage of this hype, and end up with huge losses for investors.

[poodle63]

I've seen right now becoming liqudiity provider is not really profitable anymore except some really few coins and even worst some of the coin gives minus ROI.
Something that's hyped up beyond common sense always ended up like this. It's that ICO cycle all over again and people really need to realize that not all project are good project and need some more research.