Quote from: Kocret02 on February 22, 2021, 01:57:24 PM

Quote from: freed.james33 on January 28, 2021, 12:11:15 PM

I need some advice, I had some crypto a few years ago and then sold it and made some good profits and I am now planning to buy some crypto once again and I admit that I am outdated on the crypto world right now. Can someone give a brief explanation of what DeFi is and what are your top 5 coins/tokens and where do you usually trade it. Thanks! Wink

deFI tokens have become one of the booming projects in recent times, but believe me now it's better to be in the top 10 coinmarketcaps such as ETH, LTC, BNB, POLKADOT, and NEO. it is too good for your assets than risking in deFI tokens that have no clear future

Honestly those high end top coins are usually the ones to go, they are really great, they usually make the most money for people as well. I am not saying just focus on those and never others, of course you could be interested in some smaller project as well, but do not put bulk of your money there.

My understanding is that always find things that look legit and invest 90%+ of your money there, and keep a very small amount to make a profit with smaller ones, this has always been the case for me. So, invest into those top 10 coins, but pick like only 5 decent one of them, and also go look for a very small project. I actually own a coin that is not in the top 200 right now, it is very tiny and honestly I feel fine about it as well. It is just how I invest, with diversification and it worked out and made me a decent profit thanks to this method.