At least YFI has a beta product to showcase and also very good backings, unlike many new other copycats. However, I'm not and don't pkan to invest in YFI since i don't FOMO into coins because of price surge. Some people know nothing about YFI but due to the consistent price increase, they invest.

Just an advice from me to you, do not invest in new YFI copycats popping up on daily basis due to the huge success of YFI. We all saw the surge with YFI price currently above 22,000$ which surpasses BTC price right now. This is causing a lot of FOMO and scammers are taking advantage to launch their own scam coins (YFI copycats). Examples are YFIE, YFIS which launched even without website or team information, yet people still FOMO to buy. Be careful please, just a peaceful advise.

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I wonder why crypto investors still fall prey to scams like forsage, tronbank and the likes of money doubling schemes. These are pyramid schemes which usually end in regrets for some investors. Sometimes the team get greedy or once they hit their scam target, they close down the scheme. Stay away from forsage and similar ponzi schemes.

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