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Author Topic: Which one is Best Alts or Defi Coin?  (Read 477 times)
lobo13hf
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September 15, 2021, 02:06:17 AM
 #21

You will never able to determine which defi that can be called as the best defi. You didn't even meantion the creterias but i believe aave should become the best defi right now as it was also doing a very big expansion to let the institutional investors to get an opportunity to invest in the defi platform. Defi coin can be called as altcoin and there's no difference between defi and altcoin. Defi was an altcoin that was focusing to create a finance platform based on the decentralization. Unlike the centralized system that used by the bank. Defi used automation on its service just like lending, farm, staking and many more.
You can get the best defi coins on CMC. I guess you wanna get the best one and i can just tell you about aave as the best defi coin right now with so many usability on its defi platform.



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September 15, 2021, 02:51:20 AM
 #22

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?
Defi projects are the new trend nowadays but it is still part of altcoins. Now, if you're asking which one is better to invest in, the answer depends of the project itself of the particular alts and defi. There are defi projects that has a potential and we can only find out which one if we conduct an extensive research, the same goes for alts. But some investors prefer to choose alts that are already been here for years because they already prove their worth as a profitable investment. Hence it depends on your choice because alts and defi can be a good choice.

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guydin
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September 15, 2021, 03:04:15 AM
 #23

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?

My favorite DEFI project is puncake swap and respectively its native token cake. It works on Binance Smart Chain, which means that it doesn’t cost much to run transactions there. I do farming in pool BNB-Cake. Actually, I have to use this already popular defi with comparatively small APRs, because I see that different Defies have lost their popularity, and more people switch to NFT-projects now.

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September 15, 2021, 05:11:40 AM
 #24

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?
In general, Defi is included in the altcoin scope, only Defi has a different concept from other altcoin. Defi project has been great in the past year, thus encouraging some investor to join the Defi project, because some of the Defi coin that are still in the newcomer category are able to compete with coin that have been circulating in the crypto market for a long time.
If you want to dive into the crypto market, try to do some personal research to choose the coin that suits you. But you have to be careful, Don't get caught up in a fake project that will make you lose everything.

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September 15, 2021, 05:39:42 AM
 #25

The new platform has great opportunities and risks. I lack the spirit of adventure. I usually look for projects with hot topics or strong communities.
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September 15, 2021, 06:24:08 AM
 #26

Which DeFi coins are the best? Well, that depends on a lot of factors. Personally I stopped using Ethereum due to gas fees and now I use the exchange Spookyswap on Fantom and Ref Finance on NEAR protocol. Both of these are giving me great farming rewards.
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September 15, 2021, 08:06:08 AM
 #27

Defi is better than altcoins. Defi is a more promising platform in the future, defi makes many parties such as stock brokers, banks and other intermediary services die, I think this is a development of the times and technology because everything will change according to needs and our future is the one who has his own control without third party dependency.

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September 15, 2021, 08:59:40 AM
 #28

DeFi Coins' popularity, by my opinion, was currently greater above those of Alt Coins. Over the past few years, DeFi Coins has experienced a lot of progress. Personally, We prefer DeFi and recommend DeFi Gold towards you.
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September 15, 2021, 09:23:56 AM
 #29

i think the reason why defi was popular before because it was still new in the ears of the investors but nowadays the hyped of defi got lowered .
if this continue , those that invest in defi coins will go back on regular altcoins .
this is why regular altcoins are better than in defi or other seasonal projects because theres always a demand for them anytime of the day .
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September 15, 2021, 12:14:14 PM
 #30

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?
One very good project I'd like to recommend is XSN - Stakenet's native currency.

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September 15, 2021, 02:19:59 PM
 #31

I only know 2 DeFi's and those are both with "swap" on their names.
Performance base, those 2 swap names seem to conquer the NFT field and they are in the boom without NFT purchasers even realizing it.
If one project defaults to the DeFi swap platform as their means of purchasing NFT tokens then investors will just follow the instruction given.
Damn, I should've invested in those but I think it's too late for now. Could've been a large profit if I were a bit early.
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September 15, 2021, 02:52:03 PM
 #32

it is true that one form of crypto financial system that provides convenience without enormous risk and is currently trending among crypto investors is DeFi.
DeFi itself is an open financial system run by smart contracts that is currently used by the Ethereum cryptocurrency platform, one of the best cryptocurrencies after bitcoin. The existence of this smart contract can make it easy for crypto money users to carry out transactions and investments without having to be intermediaries, in other words DeFi is good but I think Alts is a little above it.

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September 15, 2021, 02:57:41 PM
 #33

The presence of DeFi makes bright hopes for cryptocurrencies, of course ordinary projects with no clear direction will find it difficult to compete with DeFi platforms, this is also a threat to the financial system namely banks, I hope there are big companies that are serious about making DeFi projects so that they will make crypto soon bank elimination.

It's impossible to eliminate banks because they are supported by the government. That's why regulators pushing crypto to become regulatory compliant or else SEC will sue them by imposing a law. So far this issue still on gray area since there's no clear guidelines for crypto but soon we might face a mandatory KYC despite having a DeFi ecosystem. This is how big players manipulate the global economy.

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September 15, 2021, 03:03:54 PM
 #34

The presence of DeFi makes bright hopes for cryptocurrencies, of course ordinary projects with no clear direction will find it difficult to compete with DeFi platforms, this is also a threat to the financial system namely banks, I hope there are big companies that are serious about making DeFi projects so that they will make crypto soon bank elimination.

It's impossible to eliminate banks because they are supported by the government. That's why regulators pushing crypto to become regulatory compliant or else SEC will sue them by imposing a law. So far this issue still on gray area since there's no clear guidelines for crypto but soon we might face a mandatory KYC despite having a DeFi ecosystem. This is how big players manipulate the global economy.
eliminate the ecosystem that banks have built for centuries? obviously, that wouldn't be possible. DeFi is doing well this year, but its use is not that great to replace banks. government support as you say is one of them.
I actually think that DeFi will support the Bank in the future. technology will continue to evolve in the future. as well as technology in world financial management. crypto I believe has been talked about and considered a lot. DeFi will be one of them.

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September 15, 2021, 06:02:19 PM
 #35

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?

DeFi trend seems to be most lasting and most impacting, because till date a lot of them are still in existence and a lot of them are still working out good features and Defi services which will keep attracting a lot of investors. The interesting thing is, even in the midst of the NFT trend, DeFi ecosystem is still waxing strong, it is still growing and still swimming with a lot of good projects, thus in my own opinion I would say, in Defi ecosystem lies some of the best altcoins.
Lastly, it is also in DeFi you will see a lot of projects with active working products which are being leveraged on by users to achieve a lot of things. In fact the benefits and potentials are numerous.

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September 15, 2021, 08:19:02 PM
Merited by amishmanish (1)
 #36

Actually, from the past few years the Defi Coins are very popular b/w the investors, but I am confused Is Defi bes Best from Alts?
It’s up to you to decide that for yourself. Before going into anything you should do a good research on it and know whether it’s going to workout. A lot of this DeFi you’ll see these days has high fees when you are doing transactions with them, although it’s something  that has to do with Ethereum. But, there are also good DeFi that you will find, as well there are good altcoins you will see. Like I said, before you make your decision you have to do your research, look well into what you are about to invest in and know whether it’s going to be worth it or not, before you invest your money in it.

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[/tabl
mamesso
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September 16, 2021, 02:51:21 AM
 #37

Defi is better than altcoins. Defi is a more promising platform in the future, defi makes many parties such as stock brokers, banks and other intermediary services die, I think this is a development of the times and technology because everything will change according to needs and our future is the one who has his own control without third party dependency.
The presence of the Defi project brings a new face to cryptocurrency, Defi is a new generation after previous ICO and IEO graced crypto project. So far Project Defi has proved very successful, thus making it difficult for many parties to compete with the concept proposed by the Defi project. Until now the Defi project is still doing its best, and successfully launched their project in the form of a new trend (NFT token). Although the Defi project is still in a new category, but Defi was able to attract the attention of investor to join their project.

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amishmanish
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September 16, 2021, 03:24:54 AM
 #38

First it was DeFi on Ethereum, then came DeFi on the other chains like Polygon, Solana (which has been stuck for a while), AVAX, BSC (Private chain akin to Binance exchange) and FTM.

Then it was NFTs on Ethereum and then on all the others.

It is hard to choose which one is supposed to be the best amongst these. I'd say that most legitimate projects still build on Ethereum first and then move for implementing on other chains. The high gas fees and the ridiculous NFT drops price out most people who cannot afford to pay upwards of 30-40 USD per transaction. This is where chains like BSC come in.

If you simply want to gamble your money on farms which are mostly only meant for pump and dumps but you feel you can take it out in time, then BSC and Pancakeswap have the easiest interfaces and ease of transferring assets due to the Binance bridge.

If you are completely new, i'd strongly recommend taking your business to FTM though. There are enough bridges for you to easily transfer amongst different chains and they provide staking rewards with the Spookyswap platform. One advantage of FTM is that Andre is also building on it. So, it could easily be the next big thing.
CryptoWarriorsssss
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September 16, 2021, 05:43:17 AM
 #39



defi coin for sure
AhmadM
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September 18, 2021, 09:20:28 PM
 #40

Defi is better than altcoins. Defi is a more promising platform in the future, defi makes many parties such as stock brokers, banks and other intermediary services die, I think this is a development of the times and technology because everything will change according to needs and our future is the one who has his own control without third party dependency.
Well defi is still considered as altcoins as well, I feel kinda bizarre once you pointed it out as something like defi is the best among the whole crypto environment. Every single altcoin has its own advantages so I couldn't agree defi is the best one, not to mention most defi coins are quite the same in many ways.
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