What is your competition in DeFi?

[ashraf786100]

Becoming one of the few people who manage to take advantage of Defy's "agricultural performance" on Ethereum is no easy task. For this, it is necessary to be on the right platform and at the right time. You may be at a disadvantage when you do not arrive on time.

[wawan96]

competitors, what you mean? if the problem of investment in Defi for today is less precise because of the price of projects Defi tends to decrease and the investor chooses to exit because most prices have fallen if I observe the price of coin Defi today actually have decreased and the price is getting lower not right investment in Defi coin.

[TomPluz]

Timing can be everything especially for something that is just "flash-in-the -pan" thing like DeFi because once the dust will be settling only a very few platforms can eventually survive and flourish. That is why one has to be careful in the kind of project one is supporting with as things can be a big disaster when a project will eventually lose its luster or when the team will decide that they have enough and will just evaporate. Right now, there are now many DeFi project going down the drain and there will  always be scams right from the very beginning.

[Altcoin1998$]

Only bitcoin is the best competitor of all hype projects of DeFi (Decentralised Finance). Now a days decentralized finance projects are dominated cryptocurrency market but it a temporary hype but bitcoin all time the best hype.

[Black ID]

I think now is the right time to invest in DeFi. Because indeed the DeFi coin is on the rise. And now there are more and more types. But for newcomers like DeFi it is indeed very susceptible to experiencing sudden and massive downturns. So I suggest trying to invest in a small amount first.

[TERMINO]

There is a massive competition in the area of Decentralized Finance. The project related to DeFi must be excellent to occupied the secure place in crypto market. Because there are a lot of DeFi coins the investors will determine the best among them before they will buy tokens. Weaker DeFi project will absolutely gone. Strong will exceed.

[syedrasool2011]

Last few days i join Defi bounty i got 1 coin from that bounty when list on uniswap price of that coin was 80$ and then i hold that coin for 1 week after that coin pump i sell on 1 ETH what i want to tell you is that Defi coin are to much risky profit is to high on 100$ you can earn 10k easy thanks.

[TupoAlts]

I believe that stablecoins are better than defai tokens. They can perform the same functions. But only the price of a stablecoin does not change and people will not lose money. My favorite stablecoin is eurg

[Raboni]

Last few days i join Defi bounty i got 1 coin from that bounty when list on uniswap price of that coin was 80$ and then i hold that coin for 1 week after that coin pump i sell on 1 ETH what i want to tell you is that Defi coin are to much risky profit is to high on 100$ you can earn 10k easy thanks.

You've got 1 piece of DeFi  coin equal to 1 Eth which is 1:1 ratio. Woowww what bounty or coin is that? From 80$ to 300$ or more in just a week. Very aggressive coin is that.

[Inthesilence]

Becoming one of the few people who manage to take advantage of Defy's "agricultural performance" on Ethereum is no easy task. For this, it is necessary to be on the right platform and at the right time. You may be at a disadvantage when you do not arrive on time.

Yes, There are numerous starting DeFi projects that if you arrive before its presale, You are securing your slot to make 10x or 30x in profits. But that rise cannot maintain forever and usually dumps, Its like a pump and dump game.