I don't mean that all projects are bad and they will fall, but I want to warn people. Despite the fact that in 2017 there were many good ICO projects that have been successfully developed so far, and now there are many good DeFi projects that will be developed in the future, most projects fail. Do not invest blindly in everything that is popular, understand the potential risks, think yourself and never follow others, it's your money and time.
I agree and I think the word of caution against DeFi projects is very reasonable. It's obviously crucial that even if the buzz word 'DeFi' is being thrown around and dropped in many projects you still have to be cautious with your investments. Just because its DeFi doesn't mean it won't be a scam or fail.
So yh, best to keep these things in mind. And the analogy to bounty/ICOs is a good example where things have gone wrong when people didn't pay much attention to the details.