Heya
Guys what do you think about yfi
is it worth to invest now
or it should be avoided as of now
If you can accept the risk of investing in yfi, then you can try to invest now while the price is down a lot than the last high price.
But you need to know that the market is too volatile and depends on the bitcoin market. I think yfi have a fast move right now because bitcoin price is not moving so fast.
You need to analyze the trend of yfi, so you know when the right time to buy yfi.
Otherwise, you can get yfi at a high price, and that will make you wait for some time.
The price of YFI has already exceeded the price of Bitcoin and I think with a small total supply, it is possible that the YFI price could go up again. YFI promises large returns and this is a special attraction for investors. But I prefer to invest in other coins because there are still many potential tokens or coins
That makes some people want to buy yfi as soon as possible before the price goes up higher.
I think many people are now trying to buy fyi while the price still at a downtrend.
But soon, the price will start to rise again.