Quote from: KnightElite on Today at 03:18:36 AM

Quote from: tabas on July 28, 2020, 11:07:43 PM

Quote from: celemoore on July 28, 2020, 10:39:29 PM

However, scammers will use this hype to their advantage as well. Do your research carefully before investing in any project, hype or not. Do not fall for just any project which claim to be DeFi projects. We are so excited that we may forget ourselves and just looking forward to the profit if the value of the token increases. Let's not let our guards down as we are not in normal times. God bless!

Right. Scammers will also use the trending investment to trick people again. Just like the ICOS they have scammed people through it. And with other the same crowdfunding. And obviously for this trend of Defi, they will also get into this hype.
They will do something that's very attractive to the people who are wanting to invest in Defis. If their sole living is coming from scams, they will come on this so those people who are into defi investing, beware.

Scammers are beginning to enhance their skills in terms of attracting many customers in order to brainwash them and for them to patronize their shitty products. The victims of the crypto scammers are keep increasing and it is a sad part because there are now a lot of investors that are suffering because they lose huge amount of money. We should ne careful especially the DeFi projects because most of them are creating hype in order to attract a lot of investors in their bad project.

It is on hype recently and said to be one contributor for the price market increase for both bitcoin and ethereum. We can say that it's actually true because the market cap for those coins are touching the market which also goes to these coins in anyway that we can imagine.
But the bad part is that there will be them who don't have good intention as they create their own defi token, just like the old way, the ico days, they ride the hype.