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Author Topic: YFI vs BTC  (Read 11692 times)

Offline labonikhatun

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Re: YFI vs BTC
« Reply #75 on: September 29, 2020, 09:53:46 AM »
Demand for YFI vs. BTC is high bitcoin is the most popular and major currency in the crypto market YFI had a high value of this currency but no currency is comparable to bitcoin the price of other currencies increases depending on bitcoin. I think even if the price of YFI goes up it will not be possible to go up in price like bitcoin.

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Re: YFI vs BTC
« Reply #75 on: September 29, 2020, 09:53:46 AM »

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Offline Cryptoz

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Re: YFI vs BTC
« Reply #76 on: September 29, 2020, 11:34:57 PM »
No need to worry, Bitcoin is still much better than other coins. YFI or other coins can have higher prices, but they cannot overtake the popularity and the influence of Bitcoin in crypto space. There is no coin that has a big influence as Bitcoin. Almost all altcoins follow Bitcoin trend, it describes how important the Bitcoin.
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Offline Alcor

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Re: YFI vs BTC
« Reply #77 on: September 30, 2020, 08:21:35 AM »
Even the developers of the YFI token agree that it is of little value. This is a token for managing your finances, which allows you to make various civil transactions and vote on the further use of the finances of the project itself. However, its current price even taking into account the fall - about $ 24,000 is too high. Therefore, the YFI token is not a real competitor to bitcoin, even in price. Over time, its price should drop well below the price of Bitcoin.

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Offline AllSii

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Re: YFI vs BTC
« Reply #78 on: September 30, 2020, 11:13:56 AM »
If we compare YFI and BTC, we will see that YFI is very volatile. Its price changes by tens of percent within one day. And for traders, it is more preferable, because it gives you the opportunity to get a high profit.

Offline Malam90

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Re: YFI vs BTC
« Reply #79 on: October 01, 2020, 05:47:25 AM »
If we compare YFI and BTC, we will see that YFI is very volatile. Its price changes by tens of percent within one day. And for traders, it is more preferable, because it gives you the opportunity to get a high profit.

YFI is such a volatile coin that huge flactuate every day. Those who bought $40k+ are now regretting and they can't say YFI will again hit $40k because it is  a DeFi project. Hence Bitcoin either lower price or higher price, we can rely and invest either for short or long term. One day's profits in YFI and reinvest in it can decrease your liquidity for longer time. So be careful before investment in Hype.

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Re: YFI vs BTC
« Reply #80 on: October 01, 2020, 05:09:34 PM »
YFI is such a volatile coin that huge flactuate every day. Those who bought $40k+ are now regretting and they can't say YFI will again hit $40k because it is  a DeFi project. Hence Bitcoin either lower price or higher price, we can rely and invest either for short or long term. One day's profits in YFI and reinvest in it can decrease your liquidity for longer time. So be careful before investment in Hype.
Now it looks like we can see the "Head-shoulders"pattern in YFI. And if this is true, the price of the token may fall to 13-15 thousand dollars. That's when investors who bought YFI for $40,000 will feel the difference.

Offline Artillery69

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Re: YFI vs BTC
« Reply #81 on: October 01, 2020, 05:49:21 PM »
of course, I believe more in bitcoin. Maybe the YF family is hyip this month, but still won't be able to match bitcoin.
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Re: YFI vs BTC
« Reply #81 on: October 01, 2020, 05:49:21 PM »


Offline Btceth01

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Re: YFI vs BTC
« Reply #82 on: October 01, 2020, 06:40:24 PM »
Bitcoin is the best online Crypto in the world cryptocurrency market cap and its popularity over the world. It is the first ranked cryptocurrency in CMC.

On the other side, YFI is a DeFi based project which already gained success and popular but it now 31 ranked cryptocurrency.
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Offline Fenix

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Re: YFI vs BTC
« Reply #83 on: October 04, 2020, 08:41:12 AM »
Recent developments in the cryptocurrency market show that you should not rely on a rapidly growing cryptocurrency that is rising in value due to the hype. As many have warned, the YFI token is now falling in price as rapidly as it was growing in price before. Today it has already moved to 35th position in the CoinMarketCap table and has a capitalization of only $ 542 million. Yesterday he had $ 635 million. Yesterday its price was more than twenty thousand dollars, and today it is already 18 087 dollars. It seems that the owners of this token are now panicking and selling it. At the same time, many suffer losses.
I would not be surprised if the YFI token will soon drop in price below bitcoin.

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GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
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Re: YFI vs BTC
« Reply #84 on: October 04, 2020, 04:10:52 PM »
Recent developments in the cryptocurrency market show that you should not rely on a rapidly growing cryptocurrency that is rising in value due to the hype. As many have warned, the YFI token is now falling in price as rapidly as it was growing in price before. Today it has already moved to 35th position in the CoinMarketCap table and has a capitalization of only $ 542 million. Yesterday he had $ 635 million. Yesterday its price was more than twenty thousand dollars, and today it is already 18 087 dollars. It seems that the owners of this token are now panicking and selling it. At the same time, many suffer losses.
I would not be surprised if the YFI token will soon drop in price below bitcoin.
there are still many who believe too much about everything that smells of a new system especially with a reputation for soaring prices but the market cap is not as good as its price. many are looking for opportunities to commit fraud in any number of ways that might outwit tempted people at extraordinary prices. we can not blame because the nature of people want instant and benefit, let this be learning.
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Offline Noverteno

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Re: YFI vs BTC
« Reply #85 on: October 07, 2020, 05:03:36 PM »
Apparently, the YFI token will soon be comparable in price with bitcoin, but otherwise it is very far from bitcoin. Today, the YFI token has a price of $ 14,989 and a capitalization of $ 449 million. A few more days of such a fall, and the YFI token will compare with Bitcoin, and it may fall further.

 

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