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Author Topic: Which one is Best Alts or Defi Coin?  (Read 441 times)
Dread Pirate Roberts
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September 19, 2021, 12:13:34 AM
 #41

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?
Well it depends on the coin, the developer. and the project. But personally, I prefer new defi, which can clearly provide benefits compared to new altcoins that I don't know anything about. defi can provide direct benefits to the user. and in terms of trends for now, i think defi is also more popular.

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September 19, 2021, 03:08:28 AM
 #42

I think defi is more interesting because many venture capitalists and even wall street have also been playing defi for the past few months. And when there are many institutions or large investment injections into a token, fundamentally it becomes a positive sentiment for future prospects.
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September 19, 2021, 03:34:30 AM
 #43

I think defi is more interesting because many venture capitalists and even wall street have also been playing defi for the past few months. And when there are many institutions or large investment injections into a token, fundamentally it becomes a positive sentiment for future prospects.

And it's also the reason why SEC is looking into DEFI in crypto space. As of now, they're trying to see what they could do to control CEFI and they just tested Celsius and Blockfi. Be careful which DEFI project to pick, platforms are often like Cefi actaully even if it's Uniwap or pancake, they are just alike.

Gotten some UNI from airdrop and that's just what I'm going to hold. I think UNI still is one of the best DEFI projects out there.

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September 19, 2021, 07:30:31 AM
 #44

I think defi is more interesting because many venture capitalists and even wall street have also been playing defi for the past few months. And when there are many institutions or large investment injections into a token, fundamentally it becomes a positive sentiment for future prospects.
Wow mate, slow down there.

Wall street is way more interested in running their penny stocks and bonds, while at the same time taking risky bets on investment banks who are again happily fulfilling them.

The VCs who are putting money into DeFi are not that saintlike as you might think. All these "Deals" are done with money and they are in it for the money too. Once they get their profit back, they will exit and like that have always done with the ICO markets, they will do the same here. Once the advisors leave, the devs will start leaving too and the investors will be left hanging high and dry while the project gets abandoned.

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firesurfer
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September 19, 2021, 08:12:50 AM
 #45

but I am confused Is Defi bes Best from Alts?
This is a very difficult thing to be determined. As far as i know if almost all of the defi platforms in the cryptocurrencies were offering almost similar features but the thing that makes it different should be from the reputation of the platform itself. I personally will try to pick the TVL as a way to determined which was the best defi from the altcoin.

There are lots of defi platforms have been running on the various chains but the question is didn't mind it if these list come from the various chains?

I have some best defi platforms in the cryptocurrency.
1. AAVE
2. UNISWAP
3. Pancakeswap
4. Sovryn
5. Quickswap
6. Compound
7. Chess

These defi platforms were running on the different blockchains and you may need to did a deeply research to pick the best one from this list.

I agree with the first 6 names. Number 7 I will dedicate to SUSHISWAP because this project has supported many blockchain platforms including OK chain, Houbichain, Kucoinchain, ETH, BSC, Fantom, Polygon, XDAI chain, Moonbeam Network. This is also the project that SAM-CEO of AMELADA research invests and ensures development.



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tiffcrz
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September 19, 2021, 03:24:26 PM
 #46

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?
I'm a sucker for Altcoins. ETH and LTC are my attached altcoins in my portfolio. I already profited from them and I plan to acquire more when I got some funds.
I also reserved a slot for Stakenet's XSN in my bag. A very promising low cap coin that has huge potential to burst. You might want to check this one out too.
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September 21, 2021, 07:08:45 AM
 #47

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 portfolio includes the following coins:
- ETH
- XRP
- ADA
- LTC
and my hidden pearl is #Stakenet's #XSN. A stable project with fast growth development. I hope that more people appreciate its amazing future. https://stakenet.io
martina14
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September 24, 2021, 05:55:30 AM
 #48

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?

Before I don't like Defi, but when NFT games became trending at the present time now, ah little by little I checked some of the defi coins
that are on top in the market. Then, I found out that still altcoins remain one of the good place to trade in here in this business industry.
But still if the Defi coins is under BSC platform that would be nice for me but if it is under by ERC20, nope its not good in my own opinion.

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September 24, 2021, 05:58:45 AM
 #49

I think the ZKS coin will grow. It is traded on the exchange gate.io and on its exchange (Layer-2). Their DEFI exchange (https://zks.app)  with zero (or almost zero) commissions on the ETH network.
The higher the price of GAS in the ETH network, the greater the demand for ZKS.

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September 24, 2021, 06:16:12 AM
 #50

We do not have to compare DeFi and altcoin because both have different main focuses to give to the investor. But both DeFi and altcoin can provide us with the profit, especially if we can select the right project to be our investment. This year, DeFi became popular and many projects can succeed to bring profit to their investors. But we do not know if DeFi is still popular in the next year as I think the trend will change and the situation will not be the same. But DeFi will still exist at the crypto and some DeFi project continues their work until reaching their goals. Some DeFi projects that you can invest in such as AAVE, UNISWAP, and Pancakeswap but there are more DeFi projects that you need to research.



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September 24, 2021, 06:39:06 AM
 #51

https://www.radixdlt.com/

Definitely the best features to serve future defi.
Very undervalued at the moment.
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September 24, 2021, 08:30:13 AM
 #52

I'm a sucker for Altcoins. ETH and LTC are my attached altcoins in my portfolio. I already profited from them and I plan to acquire more when I got some funds.
I also reserved a slot for Stakenet's XSN in my bag. A very promising low cap coin that has huge potential to burst. You might want to check this one out too.
I never like low market cap coins because when it doesn't explode in the future it will be very painful for everyone because a lot of time has to be spent waiting for it, that's why I prefer high market cap coins.

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September 24, 2021, 08:44:43 AM
 #53

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?
Dont' be confused, it's quite simple. If your coin is a normal coin, it just sits there and does nothing. You have to hope that someone buys your litecoin for example at a higher price, but there is nothing else you can do with it. With POS coins you can stake them and earn normally around 5% APY. If you hold DeFi tokens and participate in DeFi, you can earn yields of 100% or more. I'm farming 5 usd a day on Ref Finance, 40 usd per day on Alchemix, 2 usd a day on Ubeswap, 10 usd a day on Spookyswap, and 2 usd a day on Alpaca. That's over 21k usd per year and I don't have to do anything but hold my tokens in smart contracts. That doesn't include trading fees or the rise in value of my deposited assets.
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September 24, 2021, 09:12:47 AM
 #54

Defi projects are the rave of the moment but again with lots of scams because anyone can create a coin on uni swap this easy process have to lead to the creation of so many fake defi tokens and coins. But again if you are looking for a good coin to invest in I will advise you buy more bitcoin or ethereum and hold.
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September 24, 2021, 09:56:41 AM
 #55

For me each project development are best according to their own time and season. We know the trend is changing. For now NFT is the trend so it is the best over DeFi. NFT is now so hot project that some of them are stealing the money of investors and rug pulled. Not all NFT is safe investment although it is the trend be careful.

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September 24, 2021, 04:16:23 PM
 #56

Cardano is the largest cryptocurrency to use a proof of stake blockchain model, which is considered a greener alternative. As crypto enthusiasts become more aware of the environmental impact of cryptos, Cardano has an upper hand over Bitcoin and Ethereum, and this could be one reason for its recent success. there’s no reason to think that this will come to a halt any time soon,” says Nigel Green, founder of the DeVere Group in London. “Momentum is likely to pick up. I believe that the price of Cardano will reach all-time highs with in few days.

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September 24, 2021, 04:29:25 PM
 #57

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?
Yes, there are many altcoins, you can choose according to your wish and most importantly, you need to choose popular blockchain networks with high transaction volumes such as ETH, BSC, and SOL.
There are many choices of altcoins and you must have an investment goal, for the long term or short term, for example YFI, there is no doubt about investing in this coin, but with high prices, of course you can choose Altcoins with low prices, always look for updates a new project to get an initial price can be profitable, but keep DYOR so you don't regret the decision you choose.

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September 26, 2021, 11:28:47 AM
 #58

What do you think, because of the news from China about the cryptocurrency ban, how will it affect the DEFI? Shouldn't it grow, because there is no need KYC.

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September 26, 2021, 03:11:10 PM
 #59

Defi are also altscoins too so your question is a bit contradictory, if you are looking for a defi altcoins there are variety to chose from, even there many defi nft projects too with good prospect, it is hard to point out which are the best, you can always follow up on few of them and see which is most appealing to invest on, sometimes what we consider as best may not be so.
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September 27, 2021, 02:56:09 PM
 #60

All coins are altcoin including BTC and BTC is the best altcoin from all, Defi coins is also altcoins based on Defi products, UNISWAP and Pancake is is providing Defi services and also have their altcoins same these two project many projects are Defi and also have their altcoin.

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