No investment is safe in cryptocurrencies market because I don't recognise Binance and kucoin also hacked and a huge amount of money, assets and liquidity stollen by hackers. So DeFi also risks and dangerous but profitable also.Yes mate a few days ago popular centralised exchange KuCoin hacked and $150 million equivalent assets hacked. So in cryptocurrency market no investment safe and secure. But we are still investing and trading cryptocurrency with risks.
Nothing is safe here, every step we choose to invest in Cryptocurrency, including Defi, we still have to be careful and must be ready with all the risks of loss. Currently Defi is indeed booming, but that cannot be a guarantee that we will benefit from here.yes, the loses and profits are always there including in the DeFi project. the most important thing is to minimize these losses.
I think DeFi investment is profitable and potentially worthy to invest but all investments have risks. DeFi investments also very much risky. Some DeFi projects are gradually becoming popular but not keeping market stable.Yes brother it potentially worthy to invest but also risky.
DeFi platforms may not be at risk of security breach in the same kinds of ways that centralized platforms are–but they certainly aren't completely safe from harm... Please comment.You mean hack?
I think no platform is completely safe because it was a part of the crypto industry that was run with speculation, hype, and manipulation, that's why it's like a gamble for us so it's better to invest only that you can afford to lose. in case something bad happens you wont regret.I agree with you, We must be extra careful with our assets. When the DeFi project is booming, this will be an opportunity for some people to cheat and do bad things. Stay alert and be careful with our assets, including this Defi.
To me, only Binans is an exchange with very good security. In addition, almost all exchanges are hacked. Investing in DeFi seems a bit risky to me. Although there are risks, many people are now investing in it, but many people are getting good results by investing in it. As a result, many people are investing in it despite being risky.The binance exchange you trust was one time hacked and some amount of funds were transferred out of the exchange. Decentralized exchanges has proven to be better option since you own your private key and no other person can see it, some are DApps trust wallet and Metamask has made it easier to interact with this decentralized finance and it components.
DeFi platforms may not be at risk of security breach in the same kinds of ways that centralized platforms are–but they certainly aren't completely safe from harm... Please comment.
No invest in cryptocurrency market safe but it depends on customer and who use. If anyone opens his private file open then it would be highly risked.cryoto market always risky because we can't guarantee that the sellers and investors which projects invest are future brighter.
DeFi platforms may not be at risk of security breach in the same kinds of ways that centralized platforms are–but they certainly aren't completely safe from harm... Please comment.Defi is a great name of hyfe. Its look everything ok at the moment time will say how much secured they have. I have seen a lots of scam on defi but there is no hamper occurred on legit platform . I think its look good still time will say everythin.
DeFi projects will be safe if we choose the early projects coming to the market and have been listed in top exchanges. However, if the projects are only following the previous projects, better to avoid them and not going into the shitcoin. fDeFi is good, but watch out, don't get into the big trap of itNo projects can safe in investment. Cryptocurrency is a virtually guaranteed asset. We cannot see or touch Cryptocurrency. It is a only digit.
You are very much intelligent person because bitcoin, ethereum, bitcoin cash, litecoin, yfi, yfii, Chainlink and thousands of Cryptocurrencies available in market but it has no guarantee or any other guarantees card. It is a simple digit which called digital currency, or virtually currency. Someone called thin air currency. So before investing any Defi projects, one should justify carefully, checked white paper and team management, address, and government support information.DeFi projects will be safe if we choose the early projects coming to the market and have been listed in top exchanges. However, if the projects are only following the previous projects, better to avoid them and not going into the shitcoin. fDeFi is good, but watch out, don't get into the big trap of itNo projects can safe in investment. Cryptocurrency is a virtually guaranteed asset. We cannot see or touch Cryptocurrency. It is a only digit.
DeFi platforms may not be at risk of security breach in the same kinds of ways that centralized platforms are–but they certainly aren't completely safe from harm... Please comment.Safe and unsafe totally depend on team. If team is royal about their project then it is safe but if they won't try to move on they are considering unsafe. But maximum Defi project is secured but before investing you must try to gather knowledge about your selected Defi project.
Defi is not safe, and I think you already know that's so risky. There are a lot of lacks and problem of Defi projectThanks Very much to provide valuable information about DeFI problems and restrictions. Nowadays most of the defi projects are Turning into scams and they scamming finds from the liquidity pool into uniswap decentralized exchange.
This is a good article about it https://cointelegraph.com/explained/key-defi-ecosystem-problems-explained
DeFi platforms may not be at risk of security breach in the same kinds of ways that centralized platforms are–but they certainly aren't completely safe from harm... Please comment.
Now a days DeFi is only the best platform to invest. So i think obviously DeFi investment is safe and secure.Most of the DeFI projects are becoming scams and not perfect to invest because a few days ago scam uniswap application scam more than $6 millions .
Daffy is the new platform that has replaced the blockchain but cannot move Dafi. Because the new platform has not yet become self-sufficient, blockchain is a self-contained platform. So we all support DEFi but can't stand it.No ,it would not be possible for defi to replace blockchain. DeFI becoming popular, simultaneously many DeFI projects turning to scams projects also. Please be sure about genuine and trusted DeFI.
Defi is not safe, and I think you already know that's so risky. There are a lot of lacks and problem of Defi project
This is a good article about it https://cointelegraph.com/explained/key-defi-ecosystem-problems-explained
DeFi is now as drawn as ICOs were in 2017, so when choosing a project for investment, you need to study the project, the creators and make sure that there are the results of the audit of the contract. But even after making sure of the reliability of the project, you need to take into account that you can lose all funds.
In fact, I think DeFi is a lot of risk to invest in. However, it is seen that it is possible to make a lot of profit in a short time by investing here. So many are investing here despite the risks.No projects are out of risks. If you become a good investors, traders and holders ,you should have taken a good character of taking risks. No risks,no success.
You are right but why are you taking risks with a huge amounts of budgets. Before investing any DeFI projects you should read whole platform of projects, white paper, technical paper, roadmap and team management. You can invest when it comes on exchange or ieo arrangements.In fact, I think DeFi is a lot of risk to invest in. However, it is seen that it is possible to make a lot of profit in a short time by investing here. So many are investing here despite the risks.No projects are out of risks. If you become a good investors, traders and holders ,you should have taken a good character of taking risks. No risks,no success.
DeFi platforms may not be at risk of security breach in the same kinds of ways that centralized platforms are–but they certainly aren't completely safe from harm... Please comment.Defi project based on decentralized. Thats why everything on anonymous. I have seen many scam on defi project. Thats why i can its not much secure the CEFI.
I saw this DeFi is a new platform. At one time its price increased a lot. But now the price has come down a lot. I can't say exactly how much it sets for me.DeFI becoming boomed recently but today all cryptocurrencies are undergoing down motion . So be careful about DeFI investment. Some DeFI projects never boomed again.
No coins under DeFi though. But much has improved. So I think when human resources are in DeFi. So DeFi is much safer. Because people could not improve without faith and investment.Many investors don't know anything about projects and they are investing many projects which have no definite roadmap, community and team management. now most of the DeFI projects becoming boomed and scams combination.
Now a days DeFi is only the best platform to invest. So i think obviously DeFi investment is safe and secure.How can you be sure about a project? Recently defi projects are becoming more scam and seized by hackers. Before investing any DeFI projects you should remember some features and criteria.
DeFi platforms may not be at risk of security breach in the same kinds of ways that centralized platforms are–but they certainly aren't completely safe from harm... Please comment.
I think it is so,we could see how in recent months hackers have withdrawn tokens from liquidity pools,deceiving the defi!Yes sir you are just talking very important, many unaspected events already occured in cryptocurrencies market, Kucoin hacking and a lots of dollars are theft by hackers. So only DeFI projects are more hacked.
DeFi platforms may not be at risk of security breach in the same kinds of ways that centralized platforms are–but they certainly aren't completely safe from harm... Please comment.
What's happening in the cryptocurrency market and exchanges? Livecoin,,kucoin, origin protocol, dai defi, wrapped bitcoin etc hacked very much sad news for crypto supporters.Recently livecoin .net hacked that makes me more worried because many centralised and decentralised exchanges hacked within a few months duration. How could a exchange be hacked?