Quote from: Chuky92 on July 09, 2020, 11:44:09 PM

Quote from: Noean on July 09, 2020, 11:45:09 AM

Hello everyone I am new here, and I want to start investing, lately the DeFi Project is good this year, there are many ubiquitous DeFi projects, both on Twitter and on the Telegram channel, Am I investing in every DeFi Project that can make a profit? Huh

another one is DeFi becoming a promising business in the future? Cheesy

You are right about what you heard about Defi projects but are you also aware that there is every possiblity that scammers will leverage on Defi hype to bring about their own scam projects; am not being certain that it will happen but rather considering what scammers has done so far in this space then nothing is difficult for them once the opportunity is there. So my suggestion is, it's good you want to invest in Defi projects which might be because of hype or because of what you have seen them offer, however take your time to research on the respective projects so that you can make the right choice and protect your funds.

true, I will only take advantage of the moment now to DeFi and start investing my money, before I will research on the team and some other aspects as an example :

•The experience of the CEO if he has been successful in previous projects,

•The project idea itself,

•whether the product is already,

•the Use of Tokens They Sell,

•Market The Altcoin Stamp (or ICO Stamp for the ICO Phase) along with the Price and Number of Tokens / Coins in circulation,

•Community and Developer Support

•Product Release Stage: Pilot / MVP / Alpha / Beta / Public Launch and
•Whitepaper

maybe there are more if my research is lacking Grin

and some projects that I started to be interested in because of the length of the project the crowds of people and communities talked a lot about the project from the telegram channel source