Post
Topic
Board Altcoin Discussion
Re: Be careful with scam copycats of YFI
by
Malam90
on 05/09/2020, 08:45:56 UTC
Just an advice from me to you, do not invest in new YFI copycats popping up on daily basis due to the huge success of YFI. We all saw the surge with YFI price currently above 22,000$ which surpasses BTC price right now. This is causing a lot of FOMO and scammers are taking advantage to launch their own scam coins (YFI copycats). Examples are YFIE, YFIS which launched even without website or team information, yet people still FOMO to buy. Be careful please, just a peaceful advise.

People who will invest in YFI at high rate will face huge losses in the upcoming days and will regret. A coin 3x higher rate than Bitcoin can't be real. It's hype and will blast soon. So it is wise to not invest in YFI hype project. Investors should be aware about DeFi before investment decision.