What issues should be considered before investing in a new DeFi project token?

[takngantuk]

Currently there are many DeFi projects in Crypto INDUSTRIES. And they give their tokens in various reward programs. But which project to invest in is proving to be very, very difficult. So which issues should be considered for that.

too many current Defi projects so it may be very difficult to figure out which one is the best. but according to my experience, I always look at the trading volume. it doesn't matter if the project isn't that great, or the project team is anonymous. as long as their token has a trading volume, I will definitely invest there. but i never hold a token very long. every token that gets profit, I will definitely sell it. So it doesn't matter to me that the project is bad, has few exchanges, or a scam as long as I can get some profit I will invest there.

[SaRmY]

What can I say is clearly not to go the Uniswap way. See how many new (best) projects are trying to follow Uniswap. They copy the same idea 10 times. 100 exchanges. Now there will be hundreds of deX exchanges.

 Money can be invested in anything except the next exchange)))

[91254vvpatel]

Currently there are many DeFi projects in Crypto INDUSTRIES. And they give their tokens in various reward programs. But which project to invest in is proving to be very, very difficult. So which issues should be considered for that.

You are still a newbie, why are you interested in such projects? DeFi projects are mostly copied and some are just riding the hype, you need to be a clever guy to find which DeFi projects are the best, the few DeFi projects I invested on are YFI , ChainLink and DIA, do your own research, I suggest you invest in popular altcoins ranking from 2nd to 20th on coinmarketcap, goodluck

i like your thought and suggestion, i will go with you, whenever I think about invest.

[rahmatullah9305]

i like your thought and suggestion, i will go with you, whenever I think about invest.

It's great when you find references that can make you more confident in investing, but you still have to think about risks and never be negligent when it comes to investing, because many people lose through investing just because of their negligence in working.

[91254vvpatel]

Currently there are many DeFi projects in Crypto INDUSTRIES. And they give their tokens in various reward programs. But which project to invest in is proving to be very, very difficult. So which issues should be considered for that.

too many current Defi projects so it may be very difficult to figure out which one is the best. but according to my experience, I always look at the trading volume. it doesn't matter if the project isn't that great, or the project team is anonymous. as long as their token has a trading volume, I will definitely invest there. but i never hold a token very long. every token that gets profit, I will definitely sell it. So it doesn't matter to me that the project is bad, has few exchanges, or a scam as long as I can get some profit I will invest there.

Trading volume - yes i like it, how you guide me. I liked your suggestion. The way you have explained, you have given a very high suggestion. Invest in a project that has a good trading volume. It's quite simple.

[91254vvpatel]

Currently there are many DeFi projects in Crypto INDUSTRIES. And they give their tokens in various reward programs. But which project to invest in is proving to be very, very difficult. So which issues should be considered for that.

the first analysis is the liquidity in the Defi project, if it has high liquidity then I highly recommend,
like on the project Moon, the Moon is a Defi project and if you look at Uniswap the liquidation has reached $ 45k,
of course this is a very promising Defi project.

I'll focus on your thoughts, but focusing on liquidity alone, I don't think is appropriate. There is another issue we should look at. Otherwise there is a possibility of loss.

[kpierce77]

Defi still has many weaknesses in the crypto market. For example, Dex, which easily lists a project or token that does not know its credibility (due to decentralization). indeed decentralization is a great technology, but to make an investment, you have to do a little extra research

[lumierre]

It's quite complicated to say where to invest either its DeFi or IEO. Honestly, we can't say safe any investment into the crypto. We know all that what happened about ICO. I believe the same thing will happen with DeFi. It's because many scammers already enter the DeFi ecosystem to scam us. I wouldn't agree to invest DeFi out of exchange if really you need to invest. If you buy a DeFi token via an exchange, then you can say alt least they would skip instantly with your funds. Of course, you have to choose a well-reputed exchange for that. Pump dump is your own risk since there are whales for that. Otherwise, better to avoid buying the initial token for DeFi.

Security is a big problem in the new crypto sector. DeFi protocols are under constant attacks by scammers, and we can't rule out developer errors.
DeFi does not have centralized management structures and unnecessary intermediaries. But without an intermediary controlling money transfers, users have to rely on software, which is also not entirely safe.

[Zalfa_mui]

now there are so many defi projects popping up, but most of them are scams.  I am not at all interested in defi projects because many of them just deceive us, yes there are also defi projects that are good but there are many that fail .. if you choose a defi project as careful as it is correct don't just enter.

[Hamphser]

Look for the best one and legit.!

Sounds easy but the most challenging part to look since you cant tell which project would succeed or not.This is why we do keep on selecting
and might end up on a bad or shitty project even though DeFi is the new hype now but doesnt mean that it would really be guarantee profitability.
Investment should always accompanied with proper planning and analysis towards your selection.

[MCobian]

Lots of people are interested in investing in DeFi projects, because this year there are trending DeFi projects. And indeed some DeFi
has proven to provide huge profits, for example, Chainlink managed to pump it up to an all time high price. But the problem is that not
all DeFi circulating today are profitable. Because many scammers are taking advantage of the DeFi trend to commit fraud, Therefore be
careful in choosing DeFi projects for investment. I recommend that you stay away from new DeFi projects, it is better to choose DeFi
projects with clear track records, such as LINK and COMP.

[91254vvpatel]

Currently there are many DeFi projects in Crypto INDUSTRIES. And they give their tokens in various reward programs. But which project to invest in is proving to be very, very difficult. So which issues should be considered for that.

I do not suggest to invest in new defi projects and their coins especially if they are based on a single page empty website and they are offering high APY for liquidity at uniswap or other platforms i think we should now avoid such projects unless they have real backing and strong foundations with real people and partnerships behind because most of these projects rug pull after luring people to invest.

You do not want to be frustrated if you cannot get the right pitch so invest in a good capo, this is your thought. But you don't think you should fit in with the success of the current defi. A lot of people have given me an opinion like yours. But if we are to adopt it, the main thing is what to consider in the situation, and what issues to consider.

[Cryptoangel01]

Look at the team, make a research if there is a track record somewhere, confirm all claims, ensure team ain't anonymous, don't go with your feelings or sentiments, go with your head in and quite clear, question all things.

[Shallow]

If you look closely on Defi projects you will realise that those that really made an impact are still working till date while there are others as well which are struggling, some are even getting hacked, therefore overlook more of what the DeFi project is offering, hype etc and focus on the team and their readiness towards the project, this matters a lot.
Furthermore, if you look at most DeFi today, a lot of them have similar ideas and features which is making a good number of them to be losing value, because the users are not seeing anything different between the one they are into and an upcoming one, hence will consider going for a fresh one in a bid to make profit. Therefore, focus on Defi projects with different approaches and features, because it shows the team want to do something different, something that will differentiate them from others. That is to say, focus on use case and overlook hype.

[RabbiTANK]

Currently there are many DeFi projects in Crypto INDUSTRIES. And they give their tokens in various reward programs. But which project to invest in is proving to be very, very difficult. So which issues should be considered for that.

There is no magical ways to know which DeFi projects is good or will turn scam, all you got left is your skills in doing research, if you aren't good with research I suggest you should work on that first, DeFi projects are almost complete scams nowadays because of the hype of decentralized Finance, so be expecting any con arts from any DeFi project, make sure that everything about the project is clean through and through

[Anonylz]

I don't think what works for A will work for B, Defi is a very complicated space to invest in the sense that many insecurities are happening in the defi space and there is no known solution just yet (referring to the frequent hacks happening in defi lately) plus as usual the ecosystem is now saturated with fake defi projects, it is hard to make specification, but to me,
among some of the things to look out for is mostly the team, be sure that it is not a faceless project because this is a common practice with most defi project, pretty much the starting point.

[Eco_111]

Here is my strict answer, there is 99% chance that the DeFi project you are about to invest money on is a scam, if you plan to hold for long term it's better to invest in old DeFi projects, all I can see now are cloned DeFi projects looking for big money to steal from investors, take DeFi projects as operation no mercy, do intensive analysis on them first

[CashbackLover]

Currently there are many DeFi projects in Crypto INDUSTRIES. And they give their tokens in various reward programs. But which project to invest in is proving to be very, very difficult. So which issues should be considered for that.

Invest only what you can afford to lose, that's the best advice I can give you because there is no way anyone can predict what to come of any crypto projects, DeFi projects are on a new different high risk level compare to other projects because all eye are on DeFi this days and judging from past results DeFi is very hack friendly

[bitkanu]

Look at the team, make a research if there is a track record somewhere, confirm all claims, ensure team ain't anonymous, don't go with your feelings or sentiments, go with your head in and quite clear, question all things.

The majority of defi projects have been running by the anonymous team and how can you do a research to the team? the only possible thing to take a look at the smartcontract code that being published by the developers.
It's better to avoid to deal with the anonymous developers. The newcomers should not try to invest in the defi project. The scammers can use various ways to steal our money.
defi is not the same as ico when it was pegged with centralized exchange site.

[Slow death]

this is a problem created by the community itself. if in the past people were more demanding in the investments made by the creators of DEFI they would be obliged to show their faces, but people because of the privacy and decentralization wave they forgot that there are some things that are important for the project creator to show their faces and show some useful project to the community and what we're watching today is pump and dump. It is normal for a project to have a private sale for a very low price and then to make a public sale for a very high price, this is clearly a great discrimination and when it comes to the market the price drops a lot and the people who are at a loss are the people of public sale and everyone else who bought on the exchange