What do you think about DeFi?

[Ratih999]

I see almost every day there are new Defi projects and even most of the old projects are revived using the Defi program!
I think this trend is one of the golden opportunities for them to register their projects through Defi, no matter whether their project can last long or not in the market and the most important thing for them is money from investors.

don't hang on for too long with the Defi coin, I think sooner or later the trend will end soon.

So, if you are involved in Defi investing, my advice is to use this trend as well as possible and while you see an opportunity then sell immediately so as not to get caught in the Hype Defi.

[Gayong88]

Good analysis, I think DeFi itself tends to be built on crypto assets that are very volatile in terms of volatility, usability, and so on. Now, this is where the importance of building a healthy ecosystem that will eventually produce capable innovations so that the scammer gap can be reduced.

[ryzaadit]

Still the same :
- Nothing different with 2017
- Lending 2.0.
- More insane interest comparing with lending!

If some trend coming, the trend will be always used for a scam purpose so be careful and educate your self about any kind of investment. But sometimes, everyone doesn't care at all as long they got a profit from the project.

[RussianEnglishTranslation]

I don't think the DeFi trend is going to end, I think it's going to eat traditional banking. My favorite DeFi projects are FARM, UNCX, 0xMR, CVP

[ije07]

I think investors today are wiser in investing their money in any project including DEFI. even I am personally one of the investors of Defi and this is indeed profitable but for the short term. The most important thing is that you are not greedy, can choose the top Defi project and I also agree with the last point. get out immediately after making a profit.

[VDraci]

DeFi investment is another opportunity to make fast ROI just like ICO in 2017, most investors don't care if they lose their money or not, even some scam projects like YFI clones still receives many funds from investors till date, people just like taking risks


The fact is we have less holders now in crypto space nowadays, many have learned, crypto investment of nowadays is best for short term, DeFi carries huge risks and only smart asses will take their profits and exit

[Iyeman]

So, if you are involved in Defi investing, my advice is to use this trend as well as possible and while you see an opportunity then sell immediately so as not to get caught in the Hype Defi.

The defi platforms can be only used for the short term speculation purpose. This trend will not exist for the long term. So far the majority of people who have invested in defi project were the ico and ieo traders. they are looking for the more opportunity to make money from the market dude. i have been investing in some legit defi in the past and these defi bring me very good profit in short term investment.

[Marble777]

trends Defi will pass if new trends emerge in this industry. Likewise, investors will certainly make the best possible use of the Defi project of their choice, I personally will not hold the Defi coin for too long. because there have been many cases of defi coins that have dropped drastically from day to day, say like ETGF etc.

[lumierre]

We can say that the defi industry is just beginning to develop for real. As practice shows, most projects cease to exist within a year. For long-term investments suitable projects that will be able to cope with the competition. Today is the "time of bitcoin", and other cryptocurrencies will not be able to catch up with it.

[tbct_mt2]

Still the same :
- Nothing different with 2017
- Lending 2.0.
- More insane interest comparing with lending!

Scammers change the words they use for their scam projects and trend. You connected DeFi with lending but I want more: DeFi projects from their blockchain technical characteristics are very similar to the masternode and staking which blossomed in 2017 and peaked in 2018. Instead of calling staking, they are using farming or yielding (as the signature of above poster shows) and participants need to lock their coins or tokens for a while to get rewards.

The stupid is from increases amount of coins or tokens but the price of those coins or tokens fall. The rate of falls can be the same as the rate of reward they can get but mostly more. It means investors will end with loss.

If some trend coming, the trend will be always used for a scam purpose so be careful and educate your self about any kind of investment. But sometimes, everyone doesn't care at all as long they got a profit from the project.

They care about profit but they get loss and they even can not protect their capital.

[malcovi2]

I don't think the DeFi trend is going to end, I think it's going to eat traditional banking. My favorite DeFi projects are FARM, UNCX, 0xMR, CVP

Nope, recently its just the same idea and its just now being used for pump and dump. Its the new evolution of ponzi users are shilling it just for the quick gaines and then they will move to the newly created token. Rinse and repeat, lots people getting burnt by these schemes.

[Maxre]

In my opinion, the intention of the defi itself is actually very good, but the price of the DEFI token is very fluctuating which cannot guarantee anything, many projects have switched functions to DEFI but only a few can actually be used, the rest is just a pump and dump.

[DoubleAweSeven]

Defi did great in handling financial situations, but that's all there is to it. I don't think there's going to be much purpose on a concept that revolves around this. Though this is a good in the market. In fact, the trend has already died down so I don't think investing in DeFi is a good thing right now.

[Bitstar_coin]

Defi is full of attack and continuous attack without any hope for solution, in case you don't know the number of recent attack on the defi platform has increase, this is for people who are hunting for the next defi project to be aware of, that space is still very vulnerable, there should be a high level of security with every invest but this does not applies to the defi platform because they get hacked at will, my advice is, be careful with the type of defi project to invest on, don't get rekt.

this is a good read Link

[Reid]

Golden opportunity. 
It's not that far of a difference with ICO's back then.
New tokens being created almost every day. Some are scam attempts and some are real.
It's difficult to define anymore which one will be a successful project.

For me, it's just the same with a different name.
Just be careful what you will invest out there. It's a damn jungle.

[husdemba]

There are many questions about DeFi. The team should listen and respond carefully. I'm not sure about this technology, but I don't want to be biased 

[X-ray]

There are many questions about DeFi. The team should listen and respond carefully. I'm not sure about this technology, but I don't want to be biased 

Listen for what? mostly defi projects were running by the anonymous team and they will never listed to the complaints that came from the investors consider after they have got money for their pocket and they will always be gone.
This tech is still an experimental and there will be a lot of improvements for the defi platforms. You can see how much defi platforms have been hacked.
BTW it's too early to call defi as the future of tech.
 

[sarmrakib]

Good analysis, I think DeFi itself tends to be built on crypto assets that are very volatile in terms of volatility, usability, and so on. Now, this is where the importance of building a healthy ecosystem that will eventually produce capable innovations so that the scammer gap can be reduced.

Yes i think so he made a good analysis on Defi .I think the open decentralized system built with a great ecosystem .Defi has a strong concept .This is so true that it is still building up the network .The ecosystem will lead the crypto world .Its got a great feedback from the community so that it has bright future for sure .

[YOSHIE]

What you need to know is that the Defi project is a project of investors and entrepreneurs to get as much profit as possible, they create a lot of coins with a limited supply of coins, to trade in the market for the highest price, this is a game in today's crypto world which is a the legend.

Each project they make generates 30,000-21,000 coins circulating in the market / project for trading, supply a little demand a lot can make their coin price high, that's what they do now.
No one can prohibit them for that, only ourselves must be aware, what is the purpose of making a lot of projects and a small supply of coins, one coin dies second coin is played and so on.
Can you understand what I mean.

[sangkler11]

The DeFi hype wasn't over yet and it's just in beginning, Defi created this process in just a few years but traditional finance took hundreds of years to do it.
The DeFi project is now experimenting with all kinds of financial products and services, DeFi has brought many new possibilities in the financial arena, including creating new types of assets that allow users to access cash at any time, defi will have a significant impact on economic life in the future.