Post
Topic
Board Altcoin Discussion
Re: Be careful what you choose to invest in now, not all coins will recover.
by
Fire me!
on 25/07/2021, 12:32:17 UTC
Related to this topic i have been looking at the different yfi tokens and spin ofs. I bought some yfi wich i invested in the vault as a experiment. But looking at YFII i see the token price at 2000 $. If you look at the project it appears to be completely dead with about 3.000.000 in the vaults. So i amwondering who want to buy those tokens at such a high price? There is no revenue are nearly no revenue. Is it only the scarcity of the token? But if you want to go for value only why not buy bitcoin instead?