Defi project like game pump and dump

[SektorPiii]

You can call the method of raising funds whatever you want, but in fact you need to carefully study the project before investing in it-this is the key to success.

[Mpamaegbu]

Every genuine project pumps and dumps at certain stages. It isn't peculiar to a few projects. Even Bitcoin dumps really hard. It's just that Bitcoin has come to be trusted to always rise back once it dumps. If other projects dump the way Bitcoin does, I guess they probably would've stopped existing. I mean, what project dumps from $19,000+ to $3,500 and still rises back to $15,000+ after two years, if not Bitcoin? So, gaining and dumping isn't just a DeFi thing. It encompasses all projects.

[DarkDays]

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's the state of the crypto world right now, people create projects hoping to make an easy buck out of gullible people and then they abandon the project.

Exactly! One challenge with any DeFi projects is always the risk of liquidation. So if the project team for instance gets a high allocation of coins prior to launching a craze of quick pump and dump can happen very quickly. The team dumps all its coins and abandons the project.

That's the 'hype and dump' cycle that was born from DeFi. 

While this risk is minimized, unfortunately, there are loop-wholes people can exploit like through the smart contract code and so sometime even good projects can go through a period of dump with long recovery.

Leaving this aside, there are a multitude of hype and dump DeFi out there and we must learnt to know how to avoid these trap coins.

[Slingshot]

You are absolutely right. Defi projects are mostly for short term if you buy and hold it may dump hugely on you. It was then price was making sense of these days scammers have invaded and it has turned to pump and dump even on big exchanges. The dump is usually heartbreaking.

[Dragonfund]

It's easier to identify pump and dump projects if you are a discipline fellow, what I meant by been disciplined is not been too greedy yourself, pump and dump projects always have something too good to be true to attract greedy people faster, like higher percentage returns that can never be possible from any legit business, greedy people easily get carried away by such offers

Have you ask yourself why even the experts risk their fund on this hype?
Because we don't really know the one to succeed and the one that will end up as sheet coins. This is one of the reason why everyone joined the hype to make quick cash.
Have you wonder why even the YouTube channels were shilling Chain Link when it was trading around $3-$4?
That's because they have their bag filled at lower prices and whales from twitter included. After stacking their bag the next thing they do is to find gullible ones ( greedy as you stated ) to fomo, they take thier profits as soon as they reach target leaving them with heavy loses. Look at link price today, from $20 to current price of $13. Thats a loss of 40+%

[pelumi20]

You possibly found out about the ICO boom in mid 2017-2018. This is very nearly another hype. People claiming to be devs and advisors lunch a new project with the word {DEFI} in bold and begin searching for funds. With the current of UniSwap and other trade platforms, a large portion of them utilize those platforms to rise funds. Ensure that you won't see 90% of those projects sooner rather than later. Indeed you may call them bullshit or just "a scam"

[Shasha80]

Every trend that occurs in the cryptocurrency world is bound to happen with pump and dump, so it's not just DeFi projects.
But ICO or IEO also happens pump and dump, it's a common thing that we often find in the world of cryptocurrency. Therefore,
as long as we do research and analysis properly, there is no need to worry about the pump and dump that occurs. Because we
can predict when to buy and sell.

[Kelvinid]

A few of them have left for good but most of them have gone for nothing it helps. These projects have no difference from IEO, it pumps, and it dumps and gone. This is not new to us but we think that the hypes it builds will have good ends but just like what ICO and IEO did before, they just disappear after. This could be a reason why people aren't giving much interest in new projects but much preferred for the old one. Of course, they have proven, unlike these new projects that we are not sure about the future.

[uray]

Every genuine project pumps and dumps at certain stages. It isn't peculiar to a few projects. Even Bitcoin dumps really hard. It's just that Bitcoin has come to be trusted to always rise back once it dumps. If other projects dump the way Bitcoin does, I guess they probably would've stopped existing. I mean, what project dumps from $19,000+ to $3,500 and still rises back to $15,000+ after two years, if not Bitcoin? So, gaining and dumping isn't just a DeFi thing. It encompasses all projects.

There is a major difference between bitcoin and the rest of the projects especially the token projects, once they dump even the developers leave the project because they might have dumped the coin initially and the rest of the investors follow that path to get the profit or cover the loss and those projects will not revive and rise like bitcoin.

[arufox]

For many people, predicting pump and dump movements is difficult enough that they get stuck

Many people? I think all people. I never see any people can predict pump and dump

In the fact YES. Defi project like game pump and dump. Also, you can call it a gambling game. If you are lucky you will earn huge profits and if you are unlucky opposite you will earn a huge loss

Defi project is not suitable for me that's why i dont invest on it. I choose old coin becuase one reason, because not a game

[Mpamaegbu]

There is a major difference between bitcoin and the rest of the projects especially the token projects, once they dump even the developers leave the project because they might have dumped the coin initially and the rest of the investors follow that path to get the profit or cover the loss and those projects will not revive and rise like bitcoin.

Perhaps, you lost the import of my perspective in that comment I made. What has kept Bitcoin going in spite of the huge dump it suffered (I am referring to that of 2018 as I didn't witness others before it) is the trust the community has for it. And that's the only thing that can collapse Bitcoin, not even any government legislation. I saw what happened in 2017 when the Chinese government outlawed Bitcoin in that country. It only shook the operations of Bitcoin among merchants in that country a dew weeks and Bitcoin came back strong. So, it's the same way it will be in other situations except there is lost of faith in the tech by the community. Bitcoin is decentralized.

[aysha9853]

I think the DeFi project makes it easier for financial services for those who are serious about developing their project, if a scammer comes in maybe it just destroys the DeFi, seeing the roadmap and services offered from the DeFi project will make it easier to increase the price

[Golftech]

There is a major difference between bitcoin and the rest of the projects especially the token projects, once they dump even the developers leave the project because they might have dumped the coin initially and the rest of the investors follow that path to get the profit or cover the loss and those projects will not revive and rise like bitcoin.

Perhaps, you lost the import of my perspective in that comment I made. What has kept Bitcoin going in spite of the huge dump it suffered (I am referring to that of 2018 as I didn't witness others before it) is the trust the community has for it. And that's the only thing that can collapse Bitcoin, not even any government legislation. I saw what happened in 2017 when the Chinese government outlawed Bitcoin in that country. It only shook the operations of Bitcoin among merchants in that country a dew weeks and Bitcoin came back strong. So, it's the same way it will be in other situations except there is lost of faith in the tech by the community. Bitcoin is decentralized.

If there's real support from the community and the developers are not aborting or still doing progress to the project the chance of
recovering is very possible, but if there no interest and both traders and the developers forget about the project the outcome will
be worse it will die eventually, both  developers and supporters are very important for the continuation of the project that's the life behind.

[Mahmudmach]

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.

Prudent in investing, having calculations and investigations of defi investment is the main thing. I think short is very profitable but they also like to make surprises in the distance to attract investors, I'm not interested in defi because the risk is very large and of course the profit is also big, but now scammers are very flexible and keep increasing, causing me to be very careful to choose that

[Hamphser]

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.

Is this still surprising? Just like into those ICO IEO STO... When it comes or to mention out pump and dump then its not a new thing.
Had been pretty common that there are lots of projects that do have this kind of behavior due some of them is manipulative
and some of them had just been hyped up for the sake of some fomo then dump later on and make those noobs
do whine and cry that they had lost money on certain project.So we should really be careful on dealing up with things.

[LogitechMouse]

Most of them will end up like what happened to ICO hype.
Most of the coins will end up being a pump and dump coin where developers will gain money from it.

Investing in DeFi as of now is very risky so manage your risks if you really want to invest into it otherwise you will lose all of your money in an instant so do your research and be ready with what might happen to your money.

[SistaFista]

A new concept like DeFi in cryptocurrency usually will be hyped at first when it enter.
Later, the hyped period will ends, and people will be disappointed and leave DeFi because the price is not rising, well of course even DeFi projects needs time to developing. And at the end, the people who keep stay in the project will reap the profit when their DeFi projects release the result of the developments. Like this chart :

[pelumi20]

Totally yes generally defi projects resemble pump and dump game this is the thing that I have noticed so far with the vast majority of the defi projects and in spite of realizing it generally people actually investing in defi projects because of the temptation of big profit indeed numerous individuals made good measure of profit since they didn't miss the correct moment to invest. however there are likewise numerous individuals who invested in defi projects and made gigantic loss this is on the grounds that they entered on wrong time so on this premise we may see defi projects are a sort of pump and dump game

[BountyHive]

DeFi has a decent pattern this year, so it is exceptionally obvious from the clarification that you said that we need to enter at the correct time, else we will encounter immense misfortunes. Activities that overstate and multiply rapidly make others keen on putting resources into them. The more individuals entering the venture, the estimation of the undertaking increments quickly. Sharks have joined DEFI ventures when they previously dispatched, they have the upside of proceeding with a lot of cash by partaking in claiming and misusing DEFI.

[qazgroup]

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 should not be jumping on to each and every new project but whenever there is some new trend everyone seems to start chasing them without checking the details of the project. Even now there are many high quality projects in the field of defi that are worth investing in.