Defi project like game pump and dump

[proTECH77]

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.

Every good project has is own time to reign in the market either low or high. If you want defi project to be more stable in pumping you have to understand it season where many investors quite from the market not to experience loss in their business. For you to enter in the right you need to always carry out research to avoid loss of coins in the market.

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[Ridwan Fauzi]

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.

There is no different with ICO and IEO, right? All of them just have a good price when haven't listed on the exchange, but after we see the project it just traded on the exchange we will see its price just dump a lot.

Until now yeah, I see DeFi project only good for short term investment, moreover you can easily sell the token directly on uniswap you don't need to wait the token is listed on the exchange, that is the advantage of this event.

But, there is  a chance for the price token will up again in the future. The DeFi concept is really good enough and I just hope it doesn't take a short time, I think we need this event will last long even become popular being used by crypto user.

[Mahanton]

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.

Just take an example on what happened on ICO, then the thing you should do will be the same on DeFi.Just observed that majority of Defi projects now are suffering in reds but somehow
there are projects that do still stood strong even up to this moment.Talking about pump and dump? Im not that certain but our own eyes can tell on how it do behaves and theres no doubt
that it is really just similar.Just be wise and smart on making up good calls neither you do sell or buy on cheap and of course anything does have a risk and if you do tend to put up
money then just be sure that you had already expecting neither you would profit or not because market is always been unpredictable.

[trauchot]

Quite right, I myself have personally invested in several defi projects and managed to get out on time and got a small profit, and if I had delayed even a little longer, I would have lost all my investments, so investing in defi projects is a very huge risk, because many defi projects are created for quick profit and if you do not have time to catch it, you can lose all your investments.

[Kavelj22]

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.).

I actually agree with your statement too.
Today i was in discussion with an official reoresenter of one of those new DEFI start-up asking him about to promote the project after i found that the concept of the project sounds promising and can do well in the future. I was surprised to read his opinion about that they already collect $2 million, means that the project doesn't need to be promoted anymore.
I am a bounty hunter too and always seeking for good projects running bounty campaigns but i always consider not to join a bounty without doing my own searches before spending efforts. Sometimes, it's not just a matter of profit as i don't want anyone to lose his investment just because a scam project paid me to promote it.

[hatshepsut93]

To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

If something heavily relies on "entering in the right moment", than it's not a good investment and even has a signs of a ponzi scheme or scam. For example with Bitcoin, you would be in profit today as long as you didn't buy at the ATH or very close to it. 1 month ago was a good moment, 1 year ago was a good moment, 5 years ago and so on. This is why Bitcoin is a good investment, even if it's very risky - it tends to go up over the long periods of time. Can you say the same bout DeFi? There's a good chance that in 1-2 years everyone will forget about it and move on to some new decentralized hype thing.

[albon]

To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

If something heavily relies on "entering in the right moment", than it's not a good investment and even has a signs of a ponzi scheme or scam. For example with Bitcoin, you would be in profit today as long as you didn't buy at the ATH or very close to it. 1 month ago was a good moment, 1 year ago was a good moment, 5 years ago and so on. This is why Bitcoin is a good investment, even if it's very risky - it tends to go up over the long periods of time. Can you say the same bout DeFi? There's a good chance that in 1-2 years everyone will forget about it and move on to some new decentralized hype thing.

No, of course, defi differs from investing Bitcoin and other old currencies, and I prefer the safe investment that I hold in the long term, defi is just a time and hype only, and whoever has good luck is the one who can choose good projects and invested in them and then sold after he made profits in the short term, it is like ICO projects is several years ago and now is any of us still investing in ICO? Every investment has its time, and when a new investment type appears that has achieved successes, it will undoubtedly attract people.

[aemma]

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.

Exactly, most of them are only good for short term, even though it can only be very little time frame, thus bringing us to the next vital point you made, that is, entering at the right time. Also, I believe that, even though you didn't enter at the right time but was opportune to meet profit, it is better to sell with that little profit because if it should dump, there might be no hope of it going back to your buy price, so that means losses. Most of these DeFi projects grew because of hype and nothing more which is why their price dump is always bad, reason being that, the hype and attention that caused the price pump has been channelled to another new project, while the others keeps dropping. Lastly, I believe people are learning now and taking appropriate actions towards investing in new Defi projects.

[ZEIIMAN]

DeFi has become the most promising growth area in the crypto industry. The amount of ETH locked in DeFi has been following an net-upward trend since mid-2019. In June 2020, Compound released its COMP governance token,releasing a complex yet highly lucrative mechanism known as Yield Farming. According to the data tracker website DeFi Pulse, the impact of the Yield Farming Frenzy on the Total Value Locked(USD) in DeFi has been tremendous, causing the TVL to reach an all-time-high of $3.03B. However, DeFi is still in its early stage, lacking sophisticated, valuable derivatives and Credit-based leverage tools  to allow the investors to achieve the maximum amount of interests and yet pump up liquidity to the crypto world.  I believe Defi will also be widely applied in the future.

[reza7777]

Of course this is only in the short term because there is currently Defi hype, maybe in the future there will only be one or the Defi project that will truly provide long-term benefits to holders.

[samcrypto]

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 trend always change and if there’s a hype on a specific project expect that it wont last and will be forgotten later on. There’s a lot of DeFi project that is pure hype without real usage in this market now they soon to be die when the hype is gone, but of course we can still make money with them only if you know how to ride on that pump and dump trend and leave the market as early as possible.

[#dhabitamartha]

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 is what is called defi trading, sometimes we win, sometimes we lose, but this all takes a long process if we want to be successful in defi trading because all need to learn and need a long process, and don't be afraid this is the beginning of winning a happy one. the key needs patience and calm.

[lobo13hf]

Defi is very similar like ICO, when you have been getting legit project of defi and then enter to be a private sale investors, after the private sale has ended and you will see your coin will be traded on uniswap(mostly defi was taking uni as a way to attract people to buy in even people didn't get if any token can be listed on uniswap instantly).

When the investors have been getting decent ROI and they will be dumping it again. It's not even a short term investment. The defi investors just need a few days after tha ico to dump their coins to the marke.
A super high risk Pump and Dump coin.

[lienfaye]

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 projects are not really different to ICO and IEO during their hype days, there are bad and good projects.

If you ride to the current hype make sure that you conduct a research because some of them are existing to get the money of investors.

So we must be careful when investing because risk is always present specially to the projects that joining the current hype.

[GreatArkansas]

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 projects are not really different to ICO and IEO during their hype days, there are bad and good projects.
(.....)

This is also what I think. For me, Decentralized Finance (DeFi) is like something upgraded ICO, IEO way back 2017 - 2018 days.
Remember the ICO fever when the last bull run on the time we reached an all-time-highs, that was a lot of money that has been rekt by a lot of ICOs before, and look at them now 80% - 90% lost!

Honestly, I don't want to happen it again now, but we can't really control people who just enter without knowing everything or studying, they thought it's just easy money, easy come and easy go, they don't know the risks.

[TimeTeller]

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 projects are not really different to ICO and IEO during their hype days, there are bad and good projects.

If you ride to the current hype make sure that you conduct a research because some of them are existing to get the money of investors.

So we must be careful when investing because risk is always present specially to the projects that joining the current hype.

And unfortunately, most of these DeFis are crap with a lot of them have existing allegations of plagiarism or using fake team.
Based from what I've seen here, only few DeFis have real foundation to begin with.
A lot are just copy-cats and trying to list their token to uniswap for potential earnings of their pockets.
People should be smarter by now, it is easy to spot projects done in few hours as compared to those that really put their effort to launch their project.
If they are not careful, a lot will regret buying those DeFis in Uniswap maybe couple of months from now.

[batang_bitcoin]

You hit it. Most of them are like that. The old ones have already established a good market cap and standing in the market and the newer ones have a lesser chance to remain in the market. What do you say? Do you still want to enter with those projects? I say that you should not.
It came from you that you are going to lose a lot if you will continue to invest in those projects. But if you're a fan of those projects and you're fine risking your money, that's your option.

[xiboothrezi]

~~

And unfortunately, most of these DeFis are crap with a lot of them have existing allegations of plagiarism or using fake team. Based from what I've seen here, only few DeFis have real foundation to begin with. A lot are just copy-cats and trying to list their token to uniswap for potential earnings of their pockets.  People should be smarter by now, it is easy to spot projects done in few hours as compared to those that really put their effort to launch their project.~~

The scammers just took advantage of the market hysteria. Create a token with a similar name, and always associate it with previous successful DeFi projects. Only the rushed people who get caught up with this kind of scam scheme, want instant profits and so ignore analysis. Maybe some of them can benefit from a pump and dump system. It will be dangerous if we lose timing, and it will only end up in the trash. Always be careful and understand what we are going to invest in, not just FOMO and going along with it.

[Coroline]

What your statement means: DeFi is hype. And when there is hype, the only investors who can benefit are those who understand in detail about the hype, because projects like this will trending quickly and destroying too quickly.
Selection of the right point of entry and exit is the main key

[coinsycrip09]

as many people say, I also see project defi is almost similar to an ICO. so the risk of defi is likely to be the same as for the ICO project a few years ago.

so my advice, if you want to invest in defi we have to start with capital that we do not use for our purposes. determine profit targets and try not to be too greedy in determining profit targets.