Hello guys, I'm on a low budget right now and looking for Tokens/Crypto that would be really good to invest on. Recently, I was looking for DeFi tokens and kept my eye on Fantom and SushiSwap. But right now, I think I can afford and buy more Fantom once the price got lower.
Do you still have other suggestions or ideas that you think might work on investing DeFi tokens? What are the good DeFi tokens that you think that would be profitable in the next few years?
No one knows what will happen to those coins in the market in the future. I don't think it would be a good idea to make long term investments in DeFi coins. Because when a hype is created in the market with a concept, those coins pump a lot so that it creates hope among the investors for long term investment.
But the reality is that at some point this hype ends and something new takes its place. So I think DeFi coins can be a short-term investment, and should be sold at if you get enough profit.