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

[Johnyz]

The magical pump is happening again on YFI and congrats to those who bought at a cheaper price last month, now YFI is more than the price of Bitcoin again. I’m not so sure about this project but maybe this is a clear statement that YFI is also a real big deal in this market, so stop doubting now and do your own analysis, don’t just listen to anyone, if you see opportunity to earn grab it.

[wxxyrqa]

Perhaps today, the popularity of YFI has quieted down somewhat, but it's worth noting that earlier this coin has risen in price by 32,000%, which in a sense breaks Bitcoin records. Of course, someone just took advantage of the appropriate moment to make money, but most cryptocurrency users saw real potential in YFI.

[hahay]

The demand for YFI itself is still high and it becomes simple I think, when the demand is still there then there might be another miracle later, who knows. Leaving it or keep hold it I don't think it will be a problem as long as I realize the risks, because every project that ever reaches the moon I'm sure there are other opportunities that might repeat a miracle like before.

[Fesatmas]

I think YFI for now we can both see where the price movement is decreasing from day to day. and if expected to return again at a higher price, it is unlikely. will not be the same as in the beginning. In fact, for several decades YFI will still make corrections to strengthen the period of increase in the last month. and it should be noted that YFI was only busy at that time, in the future I do not recommend it to investors, because the thing to be afraid of when it is trapped back in a high position is definitely a very big loss. Better to focus on the parent crypto that still stands firm and exists, proving that bitcoin will still be the king of crypto.

[Harriti]

A coin that was worth $3 and whose developer himself said that this coin doesn't have any monetary value, but investors proved him that his thinking about his coin was wrong. From the size of a droplet to becoming a mountain itself, yfi took a very big volume in terms of having its own share of investors in the markets. Went to over $40k from just a $3, yfi caught the eyes of each and every investor, many of whom already invested whenever they saw it one leg down coming. Anyways, now as it has crashed to under BTC1, my question to you is, are you still charting it out and thinking that a breakout will occur and save you from the current typhoon markets or do you believe that yfi is done now?

YFI is really a great Defi project, but it is still unavoidable with the manipulation of underground organizations.  Therefore, after a series of pump-ups, YFI also faced short selling.  YFI is really hard to keep growing when the Defi trend ends.  so consider carefully when investing in times like this.

[Quidat]

A coin that was worth $3 and whose developer himself said that this coin doesn't have any monetary value, but investors proved him that his thinking about his coin was wrong. From the size of a droplet to becoming a mountain itself, yfi took a very big volume in terms of having its own share of investors in the markets. Went to over $40k from just a $3, yfi caught the eyes of each and every investor, many of whom already invested whenever they saw it one leg down coming. Anyways, now as it has crashed to under BTC1, my question to you is, are you still charting it out and thinking that a breakout will occur and save you from the current typhoon markets or do you believe that yfi is done now?

YFI is really a great Defi project, but it is still unavoidable with the manipulation of underground organizations.  Therefore, after a series of pump-ups, YFI also faced short selling.  YFI is really hard to keep growing when the Defi trend ends.  so consider carefully when investing in times like this.

They hype is over and i can say that it is risky if you do make out some plans or decisions on buying YFI at the moment.We've seen the price had plummet down
but it doesnt mean that it wont have the chance for some pump up but basing of with the DeFi hype then it might takes a time before it would completely zero
yet best projects will able to survive in the end and would be tested out time.We cant say that the project is good or potential by just seeing its price
had go to the rooftop.Sustainability and survivality will always matter on hits market.

[Marma Kalari]

Went to over $40k from just a $3, yfi caught the eyes of each and every investor, many of whom already invested whenever they saw it one leg down coming. Anyways, now as it has crashed to under BTC1, my question to you is, are you still charting it out and thinking that a breakout will occur and save you from the current typhoon markets or do you believe that yfi is done now?

This is the eureka moment that caught everyone's eye. I never thought we would see anything like the old days when you are able to make a quick profit before the scammers started to ruin the market but the decentralized finance just took things to a new level like no one ever expected. I have no idea how long this momentum will last but if there is a fall it would be nasty.

[btc78]

It is time to move your profits from UNI in new emerging projects like https://www.kingswap.io/
Ultra high quality NFT can be purchased on https://opensea.io/assets/kingtokennft-knight
A new pool platform with fiat off-ramp, public team and debit support. How can you still sleeping on this beast??

How can you sleeping in hijacking threads just to promote your shitcoin?stop spreading your BS here and create your own thread instead of doing this as you are only proving that your project is a BS and not to be trusted

I think YFI for now we can both see where the price movement is decreasing from day to day. and if expected to return again at a higher price, it is unlikely. will not be the same as in the beginning. In fact, for several decades YFI will still make corrections to strengthen the period of increase in the last month. and it should be noted that YFI was only busy at that time, in the future I do not recommend it to investors, because the thing to be afraid of when it is trapped back in a high position is definitely a very big loss. Better to focus on the parent crypto that still stands firm and exists, proving that bitcoin will still be the king of crypto.

Like what the question above, i think this project are already done reaching ATH and now starting to return from what it was started and the price will come back in single digit value lol.

[ice18]

I dont think there will be any magical pump will happen again in YFI the hype is over and many got profited if not get rekt by buying at the top, $40k is far enough to achieve now compare to current price $18k unless something new will be updated by the creator you know in crypto full of surprises but instead of updating he created a new token (KP3R) with more supply compare to YFI yeah still a new idea and usecase but I dont know why it did not create huge hype just like YFI did.

[goaldigger]

The demand for YFI itself is still high and it becomes simple I think, when the demand is still there then there might be another miracle later, who knows. Leaving it or keep hold it I don't think it will be a problem as long as I realize the risks, because every project that ever reaches the moon I'm sure there are other opportunities that might repeat a miracle like before.

Investors are probably joining the hype with the DeFi project same thing with YFI, and its hard to tell if YFI was done already since it was able to pump from its previous dumped price, so there’s still someone playing on this project. There’s a great opportunity to make money here but you have to consider its risk and stay focus on your strategy while trading YFI, its a very volatile DeFi project.

[fullhdpixel]

I understand the defi one but I never really understood the YFI one. I get that there is a hype going on with it and I understand that it went up very very high so people are seeing it as a great thing but I never really understood the concept that well and why it should worth this much.

In any case there is a billion other new projects coming up with similar names of yfi and they are doing it like it is something original but in reality they are all just copying each other and making another project that is not different from each other, they just change the design and add one more feature that shouldn't change anything and call it a brand new thing and ask for millions of dollars from investors while giving away some free tokens to hunters to get promoted. I see it as a bad end eventually, maybe not right away but this could lead to a big crash one day.

[serjent05]

I understand the defi one but I never really understood the YFI one. I get that there is a hype going on with it and I understand that it went up very very high so people are seeing it as a great thing but I never really understood the concept that well and why it should worth this much.

The developer itself said that it has no monetary value but then whales step up and pump YFI creating FOMO that enable it to hit $40k.  With this scenario, I already see YFI as a pump and dump token that were created by some whales that have a huge stash in order for them to earn more.  We can see that on the history how it got pumped hard, dump hard, again and again.

In any case there is a billion other new projects coming up with similar names of yfi and they are doing it like it is something original but in reality they are all just copying each other and making another project that is not different from each other, they just change the design and add one more feature that shouldn't change anything and call it a brand new thing and ask for millions of dollars from investors while giving away some free tokens to hunters to get promoted. I see it as a bad end eventually, maybe not right away but this could lead to a big crash one day.

It is a common practice in this industry.  Once a project becomes successful or trending, many upcoming projects will base their name or the scheme that successful project to at least cater interest from investors.

[24Kt]

I understand the defi one but I never really understood the YFI one. I get that there is a hype going on with it and I understand that it went up very very high so people are seeing it as a great thing but I never really understood the concept that well and why it should worth this much.

The developer itself said that it has no monetary value but then whales step up and pump YFI creating FOMO that enable it to hit $40k.  With this scenario, I already see YFI as a pump and dump token that were created by some whales that have a huge stash in order for them to earn more.  We can see that on the history how it got pumped hard, dump hard, again and again.

In any case there is a billion other new projects coming up with similar names of yfi and they are doing it like it is something original but in reality they are all just copying each other and making another project that is not different from each other, they just change the design and add one more feature that shouldn't change anything and call it a brand new thing and ask for millions of dollars from investors while giving away some free tokens to hunters to get promoted. I see it as a bad end eventually, maybe not right away but this could lead to a big crash one day.

It is a common practice in this industry.  Once a project becomes successful or trending, many upcoming projects will base their name or the scheme that successful project to at least cater interest from investors.

YFI will fall hard if the team behind it will not at least make some action to have developments on their platform. Up until now, you can't see any use case of this defi project. For those who bought this token at ATH, I guess they are in the praying mode that the price will go back again. But I don't think it will rise again. Look at their site and still they are in beta. Seems that they are not really working on this project. They are more focus on how to manipulate the market. But yes, they have been imitated many times here. But very obvious, all of them are crap.

[mace15]

This coin will take time to pump again, and in my opinion its magical pump is done. If there's any update on this project possibly this coin will increase. The price for this yfi when it is launched is so high which other people catch the attention to invests and this is why I don't trust such project with a hype at the beginning. But, many people earned profit from this hype project.

[Fesatmas]

Personally, I think the bubble has been burst already, and seems many have profited, I doubt that it will enjoy the successes it had. The main thing though about YFI, is that it is the prime mover, and we all know that prime movers really enjoy the support of crypto investors in the beginning pushing it as hard as they can.

But as soon as it's dump hard, and it proved itself as just a pump-and-dump scheme, I doubt that it will bounce back as many will follow the YFI hype and then investors simply moving to the next big thing. The sad thing is that many are already trap and didn't exit in time. So it's either they stay and believed that it will pump again (unlikely) or exited with some loss.

It seems that YFI's heyday has ended, only after that. How lucky the investors were after it exploded. And it is true that they have moved on and left without seeing that many budding investors are stuck with high prices. this sort of thing is so unethical that they selfishly pump and throw away and then leave. where is now Andre Cronje will he also go as AOA
  as if left just like that.

[Spaffin]

Personally, I think the bubble has been burst already, and seems many have profited, I doubt that it will enjoy the successes it had. The main thing though about YFI, is that it is the prime mover, and we all know that prime movers really enjoy the support of crypto investors in the beginning pushing it as hard as they can.

But as soon as it's dump hard, and it proved itself as just a pump-and-dump scheme, I doubt that it will bounce back as many will follow the YFI hype and then investors simply moving to the next big thing. The sad thing is that many are already trap and didn't exit in time. So it's either they stay and believed that it will pump again (unlikely) or exited with some loss.

It seems that YFI's heyday has ended, only after that. How lucky the investors were after it exploded. And it is true that they have moved on and left without seeing that many budding investors are stuck with high prices. this sort of thing is so unethical that they selfishly pump and throw away and then leave. where is now Andre Cronje will he also go as AOA
  as if left just like that.

It seems to me that most DeFi projects were considered by developers as a way to make money, and only in a single case can we hope for real prospects. Oddly enough, in the cryptocurrency market, any new trend gets a similar result, and it is quite possible that YFI is no exception.