Quote from: pikkie on September 01, 2020, 02:14:53 PM

Quote from: Malam90 on September 01, 2020, 01:58:00 PM

Quote from: BitTraderCute on August 30, 2020, 11:42:54 AM

Quote from: Malam90 on August 30, 2020, 10:02:44 AM

I am may be only investor who still not invest in any DeFi project. When i realized about new trend DeFi, already Defi projects pumped and who invested now in huge profits. Now DeFi projects is a matter of concern before investment, any time this hype can be blasted and investors may face huge loss again.

you are not alone dude, i am be one of them too. missing Defi hype or opportunity doesn't matter for me as long as my money safe. i have big question why each Defi project could pumped more than 5x only in short term, actually it is speculation or really have use case for crypto market.

Quote from: Convery on August 30, 2020, 10:13:05 AM

Those who are not following the trend can really lose a good profit. But, I know it can be challenging to decide if the coin is really worthy or not. Good examples of coin that brought huge profits to early investors are PolkaDOT, ChainLink, Yearn.finance. But would you invest right now in these coins? Of course that not! They are overbought!

although they losse good profit but their money are safe. dont ever buying Defi coins if we didnt know the fundamental cause there are many fake Defi project there.

Yesterday i made investment on MKR an old DeFi project which is trusted and one of the top 30 coins in cmc. It is listed in Binance and few exchanges already. So before investment in any new project specially DeFi, we have to think about that projects whether we are not trapped in hype.

Of course it can be said to be hype but traders are profit seekers so take advantage of that price movement to be able to get a lot of profit, when you get a lot of profit then you can go out and leave the coin because if it's too long there it will make you trapped.

Sure, waiting in any DeFi project for more profit means a chance to fall in trap. Trading in Defi for short term can be good for making profits but not for long term. Now DIA, MKR, OKS can be good for trader whether all are DeFi. Already they listed in coinmarketcap so short trade now is profitable.