Is it enough for YFI or are you still waiting for a magical pump?

[btc_angela]

I do believe YFI is done for now but i have been trying to gambling in the keep3r too. It's a new coin that already created by andre cronje and people have been moving to the keep3r. it's growing for more than 2k% like YFI too.
There will be no pump again for YFI but a new hype has come to the new coins like keep3r.
Traders are always moving from one to the another coins.

Never heard of keep3r, what do you think it will be the next hype after YFI? I will share the sentiments though, YFI is done and just like that from their peak of $40k even higher than bitcoin itself, now it falls down hard in a downward spiral and I do not think that it will climb back to near all time high again because investors are wise enough, they know how this market works and to make tons of money. Most likely looking for the next coins and mostly dubious personalities are creating one as of this moment so be the next YFI.

The only reason it could go back again is that alt coin market went into a bull run next year, and maybe YFI will be one of those coins that will be pump again, I reckon.

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[Lanatsa]

Although I believe the defi hype is not over yet, but for the value of YFI itself I personally believe it will never again touch the ATH price.
people will prefer to learn from experience and be more careful in making decisions.

And as always this had been a costly way of learning up things but its always been part of investment where you would need to take up some risk and gamble for you to make money
it isn't really just lucky for somebody to get caught with fomo and ending up on holding their coins.

In result? its up to them if they would decide to hold or sell on loss.DeFI hype is slowly and gradually going to the floor so I would say that it is already risky
for someone to dive in.

There are still some worthy projects though but I wont really be that expecting much, the same the way I don't expect with any ICO project as of today.

[puremage111]

I think if they can really make money and distribute the profits to YFI Stakers, it could worth something

ASSUME if they can split $500,000 profit/year to all YFI stakers
At diluted supply = 30,000

Every YFI token will get $16 a YEAR
Given that if you buy at $10,000
You will need 625 years.. to recoup your investment

But of course this is just assumption, they can make more money than that if they can get more TVL (Total Value Lock)
They had $390M now, given that they take 5% of the yield profit, on 10% APY
IT will result $2Million, which also means $66/yearly
One fact we cannot ignore is yeah, YFI is overpriced
Until they can make YEARN more profitable with more TVL, else it's hard to pays off

[FairUser]

In the crypto space, I don't see it as a special case either. Even up to now, there have been projects with such incredible developments. I do not believe that there will be many lucky people holding YFI, indeed in 2020 with the amazing growth of YFI, i think the market will grow like YFI in the near future.

[Twinkledoe]

Although I believe the defi hype is not over yet, but for the value of YFI itself I personally believe it will never again touch the ATH price.
people will prefer to learn from experience and be more careful in making decisions.

My biggest worry about this YFI project is that up until now you can see that they are still in beta stage. So I don't know if they have plans to develop this platform or just wait for the traders to lose their interest? I really don't think that they can reach their ATH price again. That was pump without reason. No development but price manipulation only. Very soon, I think this token will go down hard.

[leea-1334]

I do believe YFI is done for now but i have been trying to gambling in the keep3r too. It's a new coin that already created by andre cronje and people have been moving to the keep3r. it's growing for more than 2k% like YFI too.
There will be no pump again for YFI but a new hype has come to the new coins like keep3r.
Traders are always moving from one to the another coins.

I have been hearing a lot about this Andre Cronje now lately and it seems even Binance has listed what he calls his "experiment". Since when did people start putting a lot of money into one guy's experiment,,, I know Bitcoin is also an experiment but it does not belong to one guy but a lot of people all over the world. Get off they hype train my friends.

[Psynthax]

It's enough. Assuming that all the people have grown tired of yfi considering the dumping it's probably gonna retain its current value and not gonna go anywhere except down. Sounds a bit pessimistic but money doesn't grow from trees and it seems the money gradually left the market but honestly that's just my thought. I'd consider it's finished tho. But anything can happen since it's crypto market right?

[shoreno]

Is this the defi coin that pump over 1btc ? I forgot its history but 3 dollars for starting price is alot and the owner of this coin is still skeptical about the ability of his creation but investors didn't  .

Maybe the price of 3usd is also one of the reason on why they pick this up and the price grew fast and it reach a whopping amount of 40k that's a good gain already for those who took the ride  . It dump but its value was still close to 1 btc , that's still impressive . This is not the end if i we're to ask but that was only a normal dump  . You know it was the end when the price plunge under a dollar

[wildflower18]

As I observe lately the price dump for yfi, imo, it is enough the hype for this project. When they are starting in the market, the price is already in a high that makes the investors have trust to this project. But, let’s see in the coming months since this time btc dominates the market as the alts is down.

[sulendra12]

YFI is done and the hype of DeFi is gone for now unless they do something unique, but I doubt that would happenned. New DeFi projects are nothing but fake-ass scammers trying to rob money from poor investors with their "legit-like" whitepaper and roadmap to trick us, that's also one of the reasons why DeFi hype is gone so quickly.

[Quidat]

YFI is done and the hype of DeFi is gone for now unless they do something unique, but I doubt that would happenned. New DeFi projects are nothing but fake-ass scammers trying to rob money from poor investors with their "legit-like" whitepaper and roadmap to trick us, that's also one of the reasons why DeFi hype is gone so quickly.

Same thoughts and words about DeFi projects at the moment where its hype is already over and theyre slowly dying down at the moment which it isnt really that surprising.
Why would invest into something that had already slumped its price? Some say its a good opportunity to buy low but basing on how fast it increases and how fast it
do decrease its price then you can eventually tell that this project doesnt really have that strong foundation when it comes to community support but rather seeing
it just for milking out some money to those who had been fooled that this was a extraordinary type of project.

[mace15]

In my observation, YFI Price dump these days. As what others been saying the hype is over and magical pump is done. Many investors for sure have lost their portfolio in YFI since a lot of them bought this coin at peak price. From the start, I don’t trust and do not invest in this kind of project, just my view.

[NewRanger]

leave and move to another coin that more profitable and have good potency. there are many good coin in lowest price now, maybe swing by that will main net in this quarter , zcash that will halving in this mid november and many other. YFI already over now , no more hype and whalesinvestors that already gain profit already leave it  and move in other project to make popular.

[peter0425]

Um,,, you do know that investors did not prove him wrong at all right? Just because they pumped the coin from $3 to $40 does not prove him wrong in fact,,, it kind of proves that the coin ultimately has no value like regular money but speculatory value like 99% of altcoins and tulipmania like assets.

This is an obvious example of Pump and Dump currency and cannot be trusted to stays in our portfolio.
must be sell off while the price is High and never expect too much because this will surely traps you in that value when the whales withdraw their money inside.

from 3$ to 40$? this is so much income for those who rides that time but look at it now,the value fell down to 8$ now but not bad from that 3$ start.

[Uhde]

if bull comes for altcoin, i think yfi will be a good option for manipulators. they can pump and dump it with high volumes and manipulate easily. So i dont think YFI is dead yet.

[btc78]

I think YFI is enough to expect another Hype,That 40$ ATH is more than enough to look for much higher as checking the market now it fells to 8$?

if bull comes for altcoin, i think yfi will be a good option for manipulators. they can pump and dump it with high volumes and manipulate easily. So i dont think YFI is dead yet.

Never consider Manipulating as legit expectation mate,because all currencies can be use by manipulator,with this Post meaning you are willing to risk your money and wait for too  much time compared to Invest in legit currencies in top ranks so you are assured of near profit?

[BitTraderCute]

In my observation, YFI Price dump these days. As what others been saying the hype is over and magical pump is done. Many investors for sure have lost their portfolio in YFI since a lot of them bought this coin at peak price. From the start, I don’t trust and do not invest in this kind of project, just my view.

and i do the same thing with you, i am actually confuse how could token like YFI could beat bitcoin price for few moment. if there is no role from whales its impossible to happen. but YFI pumping bring positive impact to crypto market, some investors believe market recovery already start.

leave and move to another coin that more profitable and have good potency. there are many good coin in lowest price now, maybe swing by that will main net in this quarter , zcash that will halving in this mid november and many other. YFI already over now , no more hype and whalesinvestors that already gain profit already leave it  and move in other project to make popular.

as investors we have to find opportunity from other coins or token and dont only focus on 1 assets. zcash and swingby looks good , technically and fundamentally its support for price recovery.

[Silberman]

--snip--
...I will not be surprised if it reached zero in less than a year.

Worst was the case when people started comparing it to Bitcoin and said that BTC is now an undervalued subtoken and DeFi is the new dawn in crypto world. See, how quickly that rise of the dawn turned into fall of the night. Don't worry about its current price as it's been kept there by the whales and they will surely take that shit back over $20k once (I'm sure they'll do it) before they crash it badly like kids. When I'm saying this, I urge you not to take this as a guarantee of some pump incoming and when noon kinda shit and just take my advice with a grain of salt.

It seems they are trying to pump the coin once again taking advantage of the current growth that the market is experimenting thanks to bitcoin, but I doubt they will get it, we know that when the price of bitcoin begins to go up people have a tendency to sell their altcoin holdings as no one wants to miss the opportunity to invest in bitcoin and be part of a bull run, what it is going to be interesting is to know how long it will take for this coin to finally crash, after all I gave it a period of a year but people can be very stubborn and they may still support the coin even when it becomes quite clear that no one should have invested any money in it on the first place.

[SlimShadyMmp]

YFI Made more gains these few days so possibly we might end up with some kinda come back but dont expect those highs of before in defi I think farming has a lot more to do and is probably not going anywhere but crazy gains I think are gone

[JumangiMan]

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