Post
Topic
Board Altcoin Discussion
Re: Don't invest for quick gains only
by
Btc_1856
on 29/08/2020, 12:03:42 UTC
Honestly, I just followed and invested money in DeFi project for short term based on market hype and trend. Not greedy in taking profits, for example I got a lot of profit from YFI, then I am out now. But there are also lose from YAM, because of the lack of research and not up to date with news
This is the most profitable strategy on the market if you are just buying coins for profit. Not being greedy is the right decision if you want to make big money in this market.
That is right. Sometimes when we let ourselves be drawn and be greedy, it will backlash and have negative effect. It is also wise for take part with DeFi projects for a brief time since no one can really determine the purpose of this new trend.

This new trend makes many people to start investing quickly and they want to gain quickly, in current DeFi platforms, without research it is impossible to find the best project and this makes we should always find the best one for the long term and it will help us to make some decent profit.