Quote from: InwardContour on Today at 01:58:28 PM

Quote from: Simakura on October 25, 2020, 11:10:44 AM

What do you think of defi projects, most of them are only good for the short term.To make a big profit, we must enter at the right moment, if we are wrong we will lose very deeply.

This is so true, most altcoins are good only for swing trading and not long term hold. Most are pump and dump coins which only pump when there is hype around it and dump massively after that. However some have proven to worth holding long term with remarkable development progress over time. Most new DEFI projects to me are more of money grabs, few will actually last the test of time.

If I'm not so sure about a particular project I will only invest what I can afford to lose and take advantage of any price surge and exit such project because sooner or later it will dive into the ground with full force, still I recommend investing on better projects but one can sti make profits from pump and dump projects