Will YFI go down again?

[CapGelatik]

A fair value for YFI should be $5000. That $40,000 price was too high. It wasn't sustainable coz everyone was only fomoing not minding the risks of the project.  I like the project but that not everyone was happy to pay such amount to access their project. The price will go down some more because of the recent spike.

if there is too much demand and the Hype continues, the price of $ 40000 is very easy for YFI to reach,
because we know the total supply of YFI is very little, it makes a coin expensive,
if you wait for YFI dump then you will regret not buying it now.

[1715211679]

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[Inkdatar]

When YFI launched and started to run in the market with a high price a lot of people invest in this project. We cannot predict price when it will go dip and when it will increase but you can observe first the market if it is good to buy. If still in doubt why not invest on other coins to make profit. The market is volatile just invest on how much you can afford only.

[Alexmagn84]

I am a greater amount of the believe that should exit, since it is profoundly theoretical and relying on he whales it can take in any case, so it ought not occur for the little speculators that you see benefit today. All crypto now are positive since everything impact with bitcoin market. In the event that I were you, at that point sit tight for bitcoin market to tumble down or it crashes at that point contribute the crypto you needed to get.

[vipox]

Hello,

one short question, what do you think can YFIDOWN jump back to 2.0 or it is impossible. I know everything is connected with up/down with YFI, but cannot figure out, because i lost a lot in that fall from 2 -> 0.8 in YFIDOWN, yes i know my mistake, but now is too late .
If anyone have any idea or it is in same "shit" ... it is reasonable to wait for go higher or sell when reach 1 ... IF .

thnx and good luck,

Br,
Sam

[mamesso]

Hey, I was wondering if it's a good time to invest in YFIDOWN since it's 2 dollars and a week ago it was 24. Thanks!

YFIDOWN is still very young and untested, the proof is the yfidown price dropped dramatically from $ 24 to $ 2 within a week. This coin is still unstable so the price is very difficult to predict, and the price is very volatile so that it makes the risk of losing higher. If you want to invest, try to invest safely. You can invest in the best coins like Eth, Ripple, Bch, Ada, Xlm and Neo.
Remember, your goal of investing is for profit, so you have to be careful before making a choice.

[bitjoin]

No, who advised you to invest in Yfidown.? never experiment in new coins, because the risk is very high. You can invest in ETH or other coins that have been tested in the market. Try to see the coinmarketcap list, there you will find coins that are better than Yfidown.

[Samurai trieng]

It's good if you have to consider if you want to invest in YFI, I see this coin is very prone to decline, especially this week the market situation is very uncertain, if you want to buy this coin you should wait until the price drops at least 50% from the current price, in my analysis  The YFI project has the potential and is suitable to be saved, because the supply provided is very limited, so it is likely that this coin can compete with this well-known coin.  as XRP, HEX, XMR,

[vipox]

I think in longterm can invest in YFIDOWN, because YFI is very active and can reach more than 2 ... In my opinion, maybe im wrong...
Br,
Sam

[slaman29]

I don't know man, all these coins are a mystery to me. Altcoins were "easy" enough to sort of speculate on but these defi coins seem like they need you to be aware every day of how they're performing and these concepts of impermanent loss escapes my understanding (I see that if you aren't careful you lose more than you gain) not to mention all these "hacks" that drain liquidity. Who's to say YFI won't be the next victim?