Maxstl007
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Activity: 210
Merit: 13
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October 20, 2020, 02:01:32 PM |
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End of Defi hype! Time to invest in real business with real products?
Gas prices at 6 months low!!
DEFI hype investment hypes are over! it is really a time to invest in real business with real products!
It's not over yet, whatever dump you are seeing lately is nothing but correction, bitcoin is surging and that's all that matters, if Bitcoin keeps surging DeFi projects will bring the most insane profits of all few months later, Bitcoin will reach a state where it's dominance will decrease alot and whales will drop out from Bitcoin and pump money into altcoins |
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thesmallgod
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October 20, 2020, 03:11:42 PM |
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A lot of dev take advantage of the DeFI and we it was not long when we started seen many useless project using DeFI as a means of raising money. Anytime a new innovation is introduced, people take advantage not because they have something to offer but just because they want to make quick money from investors. Even though the hype is down, any defi project that can proof themselve of having an innovative solution to a specific problem that can be solve using defi will still be successful
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rmyles25
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Activity: 61
Merit: 0
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October 20, 2020, 03:14:03 PM |
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Probably just calming a bit but the bubble hasn't burst yet. For if it is so, it might cause a lot of liquidation or some yearn tokens losing lots of value.
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ethereumhunter
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October 20, 2020, 03:30:06 PM |
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We don't know it, but it could be almost ended because the DeFi trend is slightly down, even YFI is down deeper. I don't know if the YFI price can increase back or not because I guess many people still expect to see the price increase again. But we will see it what happens with the DeFi projects, and if the time for the DeFi project to end, it will not have a chance to increase.
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aemma
Copper Member
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Activity: 966
Merit: 14
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October 20, 2020, 03:48:05 PM |
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Well for some people, the DeFi ride was worth it and for some, it was regrettable and also it looks like the hype ended faster than it started. Nevertheless, the year is coming to an end and people are already looking towards the next hype or trend but it is also good to learn from all these hypes that any project based or built on hype do not last and only the early investors seems to enjoy such projects.
Also, I will not fail to say there were Defi projects which tried their best to ensure decentralized finance was achieved such as Compound, at the same time, there are others which dumped on their investors and exited scam.
Lastly, another lesson which can be gotten from this DeFi trend is, always make your research and don't be carried away by hype that you don't know when to stop. Furthermore, investing in genuine projects is always a good idea.
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Zeehaxan
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Activity: 294
Merit: 10
WhalesHeaven - Custody Free Swap Exchange
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October 20, 2020, 07:43:25 PM |
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End of Defi hype! Time to invest in real business with real products?
Gas prices at 6 months low!!
DEFI hype investment hypes are over! it is really a time to invest in real business with real products!
What real businesses with real products will you recommend? I agree that defi hype is kind of over but good defi projects will still thrive. And as far as investing is concerned only btc and eth seem seriously bullish to me so i will hold and wait for these two to moon. |
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articlecity
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Activity: 196
Merit: 11
https://blockmembers.io/
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October 20, 2020, 08:20:51 PM |
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End of Defi hype! Time to invest in real business with real products?
Gas prices at 6 months low!!
DEFI hype investment hypes are over! it is really a time to invest in real business with real products!
Well, it is not about the defi or the trends and the statement that it is time to invest in real business with real products is evergreen, this is the time every time! Even during the defi hype anyone who followed this statement would be in good projects for sure and he is safe from losing all his investment rather he will be in profit soon. So investing in real projects with real products and business should be the priority always. |
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tvplus006
Legendary
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Activity: 2282
Merit: 1655
To the Moon
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October 20, 2020, 09:02:03 PM |
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...DEFI hype investment hypes are over! it is really a time to invest in real business with real products!
For the trader, there is no noticeable reduction in the hype around the DeFi sector for trading. All HYIP tokens, such as YFI and YFII, due to their high volatility, allow you to get a very high profit, which is calculated in the tens of percent. |
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Dondeon
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Activity: 118
Merit: 11
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October 20, 2020, 09:06:32 PM |
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I don't know what makes you think he end has come to the hype of Defi projects, but as far as I am concerned the hype is still very much there, though people might have become wiser not to invest in scam Defi projects, there are some good Defi projects out there that will remain relevant for a long time to come. Projects like DIA, Chainlink and the rest.
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xiboothrezi
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October 20, 2020, 10:16:43 PM |
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DeFi has been the catalyst in the price surge of the last few weeks. Moreover, many investors have spent their funds to invest in some phenomenal DeFi projects such as Uniswap and Chainlink. Automatically, it initiates another project to go with the wave. For the early adopters, it would have been a big advantage, but this wave had slowly died down.
Actually, there is nothing wrong with DeFi, in fact, I am very interested in its system which eliminates third-party interference. Really provides the best experience in decentralization, everything becomes more effective because the workload and risk are processed maximally, through smart contracts. Regarding the decline in prices and the downward trend, this is normal, isn't crypto volatile? the winner is the one who is wise in determining the timing of entering and leaving the market, not those who carelessly ride a fast-moving train.
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TimeTeller
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October 20, 2020, 10:28:16 PM |
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DeFi has been the catalyst in the price surge of the last few weeks. Moreover, many investors have spent their funds to invest in some phenomenal DeFi projects such as Uniswap and Chainlink. Automatically, it initiates another project to go with the wave. For the early adopters, it would have been a big advantage, but this wave had slowly died down.
Actually, there is nothing wrong with DeFi, in fact, I am very interested in its system which eliminates third-party interference. Really provides the best experience in decentralization, everything becomes more effective because the workload and risk are processed maximally, through smart contracts. Regarding the decline in prices and the downward trend, this is normal, isn't crypto volatile? the winner is the one who is wise in determining the timing of entering and leaving the market, not those who carelessly ride a fast-moving train.
The mission of DeFi is great but it is surrounded by scammers when they found out they can easily create a project and sell it to Uniswap in particular. But since investors are now smarter than before, a lot of them are also starting to die down as they can't get buyers of their crap DeFi token. Also, you can see a lot of existing scam allegations in the scam accusations board alone having issues such as plagiarism, fake team, and other related scam tactics. So only few of them will survive and we will see how DeFi will really change the financial market. |
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Valak
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October 20, 2020, 11:38:28 PM |
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End of Defi hype! Time to invest in real business with real products?
Gas prices at 6 months low!!
DEFI hype investment hypes are over! it is really a time to invest in real business with real products!
We are just waiting for the DeFi token to return to its base price, then invest. The DeFi chart continues to be red, there is no sign yet to stop down. The most famous DeFi token today is YFI. If we look at the trading history, it is close to the bottom price. Only WBTC is following the BTC trend. |
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jossiel
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October 20, 2020, 11:54:27 PM |
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Money going back to bitcoin.
It's the best time to invest back in bitcoin. Those who have been hyped with Defis, it's your time to back to bitcoin and get better results as it's starting to go up. We will never know if it's going to be a continuous skyrocketing.
Or it's just a trap.
Needless to say, you are buying the best crypto if you do so.
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fuer44
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October 21, 2020, 12:45:16 AM |
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I think it's time to start investing again in bitcoin or etherum. When a new project is no longer profitable, the best way is to invest in coins that already have a high market cap for more potential.
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samcrypto
Sr. Member
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Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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October 21, 2020, 01:15:00 AM |
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End of Defi hype! Time to invest in real business with real products?
Gas prices at 6 months low!!
DEFI hype investment hypes are over! it is really a time to invest in real business with real products!
You can still invest on DeFi project with a real business and it is still profitable. Its good that we finally goes back to a lot more cheaper fees compare before, the hype might be over but I don't think DeFi project is dead already because they made a good impact in the market with a real business. Start investing again while the market is still cheap, you just need to look for the good projects but if you are still in doubt always go to the top options and those are BTC, ETH and BNB. |
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akirasendo17
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October 21, 2020, 01:32:51 AM |
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I think it's just getting started, as more and more projects are being made, more people are interested in defi, as we speak from more than 2 million USD, now more than 6 billion are lock defi contracts, and it's just getting started as we speak.
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Kemarit
Legendary
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Activity: 3066
Merit: 1352
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October 21, 2020, 02:10:28 AM |
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Money going back to bitcoin.
It's the best time to invest back in bitcoin. Those who have been hyped with Defis, it's your time to back to bitcoin and get better results as it's starting to go up. We will never know if it's going to be a continuous skyrocketing.
Or it's just a trap.
Needless to say, you are buying the best crypto if you do so.
You nailed it, money is flowing back to Bitcoin, baby, the price goes to $12k, altcoin market bleeds, and then this Defi investors complain. LOL, they really don't have any idea what's going right now, and they bitch around because they have seen losses on their portfolio and then it started to collapses. So for those who are smart, then they goes back to Bitcoin right now. I don't think it's a trap, if this is, this will be short term though, it's hard to short Bitcoin when it is on a bull run already and you might get REKT running this. |
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makishart
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Merit: 1028
Leading Crypto Sports Betting & Casino Platform
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October 21, 2020, 02:28:45 AM |
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I myself am still optimistic about the defi project because not all of them have decreased and there are still healthy projects in the DeFi room and I think the defi project is the strongest at the moment and will still continue.
There will always be a small percentage from the defi projects will become a successful project but this time people have already tried to move on from the defi projects to the project with the focus to develop the product. As you can see that in cmc and you are rarely seeing the pump that happened with the defi coins again. The price of YFI was also getting plunged so hard |
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LogitechMouse
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Chancellor on brink of second bailout for banks
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October 21, 2020, 02:45:17 AM |
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~
Saying that is very easy but how can you do it?? ICO hype lasted for around a year and I think that will also happen to the DeFi hype. There will be a time that this hype will over as all of the hypes always have an ending. Just wait for it to be over and don't invest into it as of this moment. On the other hand, there are some DeFi projects that are still profitable at this time and they are a real business with real products and ChainLink is one of them  . |
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Coroline
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October 21, 2020, 08:02:56 AM |
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There are still some people who hope for the revival of DeFi, it looks like DeFi still has a small chance to survive in the market. Most of the DeFi coins are trending down. We better shift our focus to real business, and we are still holding DeFi as well. That way, all the possibilities that occur will not make us the most failures.
Or there is another option from me, which is waiting for the new hype after DeFi, maybe this is a bad idea, but hoping for magic is something fun.
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