Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Monster5 on October 13, 2020, 04:26:17 PM
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We have had some rises in defi, does that mean a return to the level or just fluctuation. It had a reputation in the market and then lost it
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DeFi is short for decentralized finance that includes digital assets, protocols, smart contracts, and dApps built on blockchain. We can think of DeFi as an open financial ecosystem where various small financial tools and services can be built in a decentralized way. These can be combined, modified and integrated according to your needs. For people, taking care of their finances is one of the most important things on a day-to-day basis. Searching for new forms of investment is somewhat complicated and more if you do not have a close person who really understands market fluctuations. The trend in the world is to decentralize finances and it means a challenge
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We have had some rises in defi, does that mean a return to the level or just fluctuation. It had a reputation in the market and then lost it
Some defi projects are top ranked in CMC . Chain link already the best defi projects and polkadot is the 4 th ranked cryptocurrencies market cap. Another defi project are very much popular and potentially worth to invest YFI.
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DeFi is short for decentralized finance that includes digital assets, protocols, smart contracts, and dApps built on blockchain. We can think of DeFi as an open financial ecosystem where various small financial tools and services can be built in a decentralized way. These can be combined, modified and integrated according to your needs. For people, taking care of their finances is one of the most important things on a day-to-day basis. Searching for new forms of investment is somewhat complicated and more if you do not have a close person who really understands market fluctuations. The trend in the world is to decentralize finances and it means a challenge
you are right brather
Actually many people don't know knowledge about DeFi and DeFi uses and significance.
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We have had some rises in defi, does that mean a return to the level or just fluctuation. It had a reputation in the market and then lost it
DeFi coins are very much profitable and potentially worthy to hold and invest but some DeFi projects are dumping significantly, Chainlink and aave such kind of DeFi.
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DeFi coin can be an option to invest, the most important thing is to always learn before investing
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DeFi coin can be an option to invest, the most important thing is to always learn before investing
Hello sir someone consider DeFi a temporary hype but how can I invest in defi projects because if a temporary hype then it would not stable more.
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Hello sir someone consider DeFi a temporary hype but how can I invest in defi projects because if a temporary hype then it would not stable more.
I think you can invest in trusted DeFi projects and enter the top 50 ranks such as ChainLink, DIA, Uniswap & Polkadot
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You don't invest in defi projects which has no ieo on uniswap or any others dex, any Airdrops management DeFi with bot. Before investing a project you should research more and more.
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Some important words you should bear in mind:
risk, volatile,whales, fluctuations, correction, resistance, momentum, demand, potential, product, community, profit, scam, and pump & dump etc. These words you should consider always while you are in cryptocurrency ecosystem.
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We have had some rises in defi, does that mean a return to the level or just fluctuation. It had a reputation in the market and then lost it
Only a temporary hype in recent market. Don't invest in any hyped project without investigate more. If a person invest when price raised $42000, and now price $10000,, how can he get back money from yearn.finance?.
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Defi coin to much risky and big profit example invest 100$ take 10k profit.
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To much risk in defi project last i join bounty i got 1 coin sell it on 1 eth now price of that is 26$ thats defi coins.
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DeFi coin can be an option to invest, the most important thing is to always learn before investing
Before investing any Defi, you should invest carefully and research your investment coins carefully.
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In the system of decentralized finance, statistics are also kept, this is done by the firm Dune Analytics and it notes the growth of addresses in the system of decentralized finance. At the beginning of the year, they did not exceed 100 thousand, and by November there were 872 thousand addresses. Half of them appeared in the last two months.