Quote from: shawman on August 19, 2020, 02:17:43 AM

Quote from: tetrisdancyo on August 19, 2020, 01:13:18 AM

I think it's interesting to YAM. It's a seemingly scam token, but it's in active development. im one of YAM discord member, The moderators at YAM are also quick to reply to my questions. I think it's a good atmosphere.

Dont invest even a 1$ on this. It has fallen like 99.99% after a "code bug". its not a moonshot.

I would be careful going after a random coin which could be a moonshot. majority are scams despite so called potential. There is no use case that is not already solved by an existing token.

One way to look for a "moonshot" is to find new listings on binance and try to get in as soon as listed near the listing price. Generally coins spike up after listing and most coins drop hard after that. You can time it in the interim there is a chance of making quick buck. But its a long shot.

Otherwise hope for btc or eth to continue to rise. I see more and more hedge funds investing in BTC as a dollar hedge. I definitely see it hit ATH before end of next year. ETH is a platform used by most DeFi coins and there is a reasonable chance of ETH getting a boost due to that. I still dont see it hit ATH hit during ICO craze. Number of new coins are no where in the ballpark of 2017/early 2018 phase.

I had invested in Aave(LEND) in late 2017 and it went up and then crashed to almost nothing. Thankfully I never sold and now its back well beyond ATH. But FOMOing at this point has risks though its market cap is still not crazy high. it was envisioned as a lending platform and now evolved to a DeFi. One new coin yearn.finance is on a tear but its own creators said it has no value !!!! So I wonder why it has increased so much.

Yes mate i am totally agree with you that coin might be scam if anyone invest on it make sure the amount you could loss just do that amount only if that really make a good changes of profit level then a good luck for you.But crypto market always unpredictable so be careful guys recently i seen a good pump of defi market but that could crash anytime so do i