Defi project like game pump and dump

[Simakura]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

[Kavelj22]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

You maybe heard about the ICO boom in early 2017-2018. This is almost a new hype. Peoples claiming to be devs and advisors lunch a start-up with the word {DEFI} in bold and start looking for funds. With the existing of UniSwap and other swap platforms, most of them use those platforms to rise funds. Make sure that you won't see 90% of those projects in the near future. Yes you may call them bullshit or simply "a scam".

[cheezcarls]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

You maybe heard about the ICO boom in early 2017-2018. This is almost a new hype. Peoples claiming to be devs and advisors lunch a start-up with the word {DEFI} in bold and start looking for funds. With the existing of UniSwap and other swap platforms, most of them use those platforms to rise funds. Make sure that you won't see 90% of those projects in the near future. Yes you may call them bullshit or simply "a scam".

I actually agree with your statement that DeFi is like ICO pump and dump game. It’s all about being lucky in that DeFi coin or token that would pump. If I were in their shoes playing the game, I wouldn’t hold on for long. Once it goes high in value and may go parabolic, I would sell immediately for profit (only if that DeFi project doesn’t have promising long term roadmap). But if it does, I don’t mind holding if I believe (but it’s still a high risk).

The mindset of these people nowadays are only focusing on the price and not the long-term real and positive use case of it (unless if there’s nothing new about their features such as staking, yield farming, etc.).

[XCANA]

Hype is hype, it will only last for a few years. DeFi is like an ICO in 2017-2018. I agree, we have to be in the right moment, we have to be careful in choosing every hype project to get big profit.

Why chose a project with so much hype? this shouldn't be becasue of the high risk involve. Few months ago, there where series of defi projects that where flying into the crypto-space but at the moment they seize to exist. Most of these projects we put trust into where the ones that get us stranded, don't invest in #defi projects for now becasue they're all for pumps and dumps mission like the days of the ICOs. Rather make your little investment on Bitcoin with a guarantee return on a long-term.

[Fundamentals Of]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

Defi investment is risky, very risky. If you want to invest in Defi, limit it to an amount which you can really afford to lose. And don't be so greedy with Defi investments. It could end up just like the ICO back in those years when they are the talk of the town. Right now, the trend is Defi but the experts are giving warnings about its flaws and it has a lot.

Don't think of big profit. Just think of profit. Put some target and stick to it. Pull out after profit is made. Defi is still very young and therefore full of uncertainties. But even so, there are already so many scams riding the Defi trend.

[Akiko]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

Thats the risk of hype project you need to be at early stage if you want to have large gain but the risk you can also lost a lot investing in them . same thing with ICO in early stage, everyone get a large gain that time and since many people earn a lot it atstract also scammers and fake developers to make and have thier own tokens ,so they can benefit with the hype. Samething happening now in defi project.

[shinratensei_]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

You can take YFI as an example even some people were calling this legit but there's a lot of dramas around it. The price of YFI has been getting pumped so hard and then it was getting dumped again to the bottom which has proven if the defi trend was the defi bubble.
The defi project just a tool for the whales to create pump and dump scheme to generate a lot of money from market.
Defi is actually a pump and dump game. There's not real value around it.

I will not take this as something that will determine the future of crypto.

[Smitty Werben Man Jensen]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

the Defi project is like any other project, it's just that now Defi is still a hype among the crypto currency community,
we know that, it's not just Defi who has hype, ICO, exchange of kirpto, there has also been hype in his time

[mirgo1791]

to avoid use with fake news and release from untrusted source of anchoring to rejects of risks on over limit value and preparing with the extensive plan as managing long terms of investment plan with the field of bitcoin and crypto finance of scenes.

[bigcash2011]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

That is why the wise still believe that never fomo in new projects, even if the projects are real and legit with good use cases, you will still get a chance to buy at better price later after it list and trade on exchanges.
Defi projects grew too much too early and now as the hype is over the top defi projects will grow organically and it will take time.

[traderethereum]

I don't mind if the Defi project is a game for pump and dump because if we can follow with the Defi project and make a profit, we can make a lot of money.
It's like what happens with the ICO and IEO a few years ago, and I am sure that many people can make a big profit in that year.
But if you are afraid of the pump and dump, you don't have to follow what other people did because that will need the courage to follow them up and down of the price.
But if you want to join with the Defi project trend, you need to know when you must stop to buy and sell because the Defi project can not always give you a profit.
Maybe you can try to join with the token that starts to rallies, but you need to be careful because the price can get dump anytime, so you need to know the right time to quit from the market.

[Dragonfund]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

I have a little advice for you, it will help you, your investment, but you can dive into the knowledge and learn the fundamentals perhaps you may later make a right decision.

• Don't invest on Defi presale, there were instances where the team run away with investors money. They are anonymous, you can't track them.
• If you must invest, search for already listed DeFi with high liquidity to avoid swapping challenges.
• Avoid hype DeFi projects.
• Please, do your own research. YouTube channels might be wrong sometimes.

[int03h]

Pumping and dumping are how people invest in DEFI. Projects that exaggerate and proliferate quickly make others interested in investing in them. The more people entering the project, the value of the project increases rapidly. Sharks have joined DEFI projects when they first launched, they have the advantage of going ahead with large amounts of money by participating in owning and exploiting DEFI. The latecomers will buy at a high price, when the volume is large enough they will sell to make a profit.

People still know what the market is doing, but they try to follow trends. Because of that psychological factor has made the market worse. Right now DEFI has been overblown and projects are dying. There is no organic growth in this market, it takes us a long time to improve it.

[Distinctin]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

Indeed, But if you can make a good shoot at the start where hypes started, making a big money is easy and quick. However, the trend changing and it was hopeless to invest them this time. I urge you not to make deal with these hypes scheme projects because it simply putting you at high risk of losing.

That is why if you are eager to invest in crypto, better to find an old and existing project. They are proven enough for so long unlike these short-term investments which nothing it helps the community but instead this only ruins the crypto image.

[New_order]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

It's good if you know when to opt out, DeFi projects are not reliable, I'd choose from the list of DeFi projects that's been around since 2018 or 2019 because it's shows they aren't in for game like many new DeFi projects today, you need to be careful

[kentrolla]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

When it comes to cryptos next generation Defi projects were the hard topic, unfortunately many of these are suppose to be scammers and investors lose faith in this. I am not saying the entire but many also there are few projects which became very popular like AAVE, BlockFi etc. As far as I know these are hype and we need to be very careful.

[amishmanish]

Like all things in crypto, DeFi is also a complicated amalgamation of outright scams, novel ideas and honest, bright-eyed devs trying to actually realize their ideas. There is every possibility that a few of them will result in some kind of long standing products as well as communities. The problem is that those complaining about "scams" are generally themselves looking for "scams" that will 100X their investments, and more importantly, do that before others find out about it. Like everything decentralized, DeFi is also what the people make it. Some good, a lot of bad.

[kingzpro]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

This will keep happening till people will keep chasing each shiny project without any practicality, some projects even do not have details, no whitepaper, no roadmap and no team and still they are able to raise target funds. This is all because of greed but we all know that this greed will make most people lose money than making any profit.

[ChronoLite]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

welp this defi projects are similar with ico hype in 2017. new projects are developing their new ideas and make public sales through ico, as you can see at that day many of them are success and of course there are also scammers around it. and also cuz of these fuckers that's why ico dead in 2018 cuz investors are tired of these scammers ruining their investments. same thing will happen with defi

[harizen]

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

An obvious thing. But ever wonder why people still got hype on some Defi projects?

It's because, sh*t or not, they can take advantage of the hype it will bring. It's like the old ICO during its hype days wherein even a token with no use case can establish a decent market value once got listed then eventually will fall.

That's why that kind of riding the wave isn't advisable for newbies who are totally unaware of what they are dealing with and just following other's suggestions.