Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: tonymillions84 on January 21, 2021, 12:02:03 AM
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Hello guys. Defi farming is the modern way of investing and earn in crypto. personally, i farm UNI on uniswap by providing liquidity. Also i farm sushi on sushiwasp, i also farm ORN, PAY, ETH and so many other tokens. due to the high fees on ethereum, i has stopped farming on ethereum blokchain.
guys shill me your Farming methods and what you are currently farming at the moment...
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To be honest, I do not have much confidence in farming, because I find it quite risky when check news of exit scams & smart contract incidents of the project. So I only hold 1 bit of ETH to wait for ETH to rise.
Of course, the reason is also because I don't have too many crypto assets :)
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I am not that familiar with farming. And in my opinion, Ethereum is being discussed a lot because of the expensive gas fees. Maybe the alternative should start looking at other coins. Which is almost the same quality as ethereum, but the gas fee is cheaper.
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I never do farming in those coins. Nowadays many ways are conducted and one of them is farming. However, there are many scams of farming and complicated rules to do that.
So, it is really reputable and promising for farming? How is the result?
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Farming is something new for me. I still didn't join it but it seems quite interesting to do. I think with farming, people have more options to get profits in crypto business. I am confident with many options to get profits in crypto space, people will be easier to earn money in crypto. Finally, people will feel comfortable working in crypto.
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I can't believe most bounty hunters and Airdroppers are yet to venture into farming. this is the new deal now in crypto it is either you find a means to invest your returns or get swollen by a whale whenever they hit the market. everyone needs to find a means of investing the little you have. no matter what, i have been investing the little that i have every now and then. i know the result will surely come one day.
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Actually, I am not because it is a new way and I have not been trying or even learning about this. Moreover, I am not good enough in analyzing which is legit and scam at once. I personally prefer to do daily trading than farming no this kind of new projects
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I am not engaged in pharming with a defi project, in the summer of 2020 I tried to participate in this hype and bought tokens, but after my purchase the defi market collapsed in price and I had to sell coins cheaper than I bought
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I can't believe most bounty hunters and Airdroppers are yet to venture into farming. this is the new deal now in crypto it is either you find a means to invest your returns or get swollen by a whale whenever they hit the market. everyone needs to find a means of investing the little you have. no matter what, i have been investing the little that i have every now and then. i know the result will surely come one day.
I am actually quite interested with farming cryptocurrencies. However, I am lost as to which farming vehicle I should select and which one can really give me the best ROI so far. I understand that farming can be likened to having your own money locked in a time deposit in a bank which can be giving our better returns compared to an ordinary savings account. In crypto farming, we can be assured of bigger returns though we should really be careful with the platform we are choosing to go with. I need to know which is the one providing the best farming returns...
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Hello guys. Defi farming is the modern way of investing and earn in crypto. personally, i farm UNI on uniswap by providing liquidity. Also i farm sushi on sushiwasp, i also farm ORN, PAY, ETH and so many other tokens. due to the high fees on ethereum, i has stopped farming on ethereum blokchain.
guys shill me your Farming methods and what you are currently farming at the moment...
Now a days most of the projects are arranging with DeFI plafrorms but I frequently invest in New projects DeFI but all time I support coinmarketcap ranked DeFI projects with top listed. Chainlink, Uni, sushi, wrapped BTC, polkadot and makerdao.
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DeFi framing?
Well, actually I never join that kind of program. But at least, I also believe that some of them are aslo successful, following every transaction of the crypto market. And now, we can buy roe and more coins to face the next market condition
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The DeFi wave is very strong, but I do not believe much in high-performance farming. 12% -30% per year is a very attractive return, I have thought about it and will learn more about DeFi in the future. I'm afraid I won't be able to sell tokens when the price is high :)
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Honestly I don't know about farming and liquidity I only have I idea that this a kind of interesting way of making more money in through cryptocurrency. That is why I'm interested to learn about it and join myself.
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Actually, I have tried farming ones by providing liquidity to one of the Defi wannabes, called YieldX but the ending is not good thats why I stop it instead I focused my funds on buying coins that I think will be good in the future like BNB and it wasn't disappointing me. Defi Farming is also associated with risks thats why everyone should aware of it before doing that method of investing.
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unfortunately, at the moment the fees on the ethereum blockchain are out of the question so i opted for the bnb blockchain, i put the twt / bnb couple as liquidity on pancakeswap then the token received i put it in farming always on pancakeswapp to get cake
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Defi projects are booming but a common problems that decentralised finance projects are completely a Ethereum based platform and high excessive amount of gas fees people now changing direction from defi projects.
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Hello guys. Defi farming is the modern way of investing and earn in crypto. personally, i farm UNI on uniswap by providing liquidity. Also i farm sushi on sushiwasp, i also farm ORN, PAY, ETH and so many other tokens. due to the high fees on ethereum, i has stopped farming on ethereum blokchain.
guys shill me your Farming methods and what you are currently farming at the moment...
What do you mean Farming in defi? In the first place, I don't invest in any of the Defi coins, in fact, as long as the altcoins
has a potential of earnings in the future I will grab the chance to buy and trade them in the short term until I multiply it more than the capital I invested, just as simple as that.
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I don't farm on the DeFi platform but I bet a small portion of the tokens I have on binance, with lots of options and a good percentage starting from 16% for 30 days with a large selection of coins.
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Farming is something new for me. I still didn't join it but it seems quite interesting to do. I think with farming, people have more options to get profits in crypto business. I am confident with many options to get profits in crypto space, people will be easier to earn money in crypto. Finally, people will feel comfortable working in crypto.
You have said many beautiful things.I also believe that for farming Cryptocurrency can contribute a lot.So what would be a very good way to express what agricultural work is.So I'm confident about it too.
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Defi projects are booming but a common problems that decentralised finance projects are completely a Ethereum based platform and high excessive amount of gas fees people now changing direction from defi projects.
I hate ERC 20 based assets and decentralized finance projects because when I ready to exchange in any exchanges then we count a lots of Ethereum network fees.
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With the increase in ether gas fees, I don't like the Defi projects anymore. I'm looking for a new platform. But for me now the potential is TRX.
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With the increase in ether gas fees, I don't like the Defi projects anymore. I'm looking for a new platform. But for me now the potential is TRX.
Of course, Ethereum has a very large commission and this is not liked by many cryptocurrency users, But what can Tron be able to offer you, given its current state and the absence of large projects that could push this platform forward.
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I once farmed at honeyswap but because I had a little capital at that time and the fee was very high, I even lost quite a lot because the price was also a dump
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I am not that familiar with farming. And in my opinion, Ethereum is being discussed a lot because of the expensive gas fees. Maybe the alternative should start looking at other coins. Which is almost the same quality as ethereum, but the gas fee is cheaper.
You can choose a plafrorm where Ethereum network fees cheaper. But you can only get TRX plafrorm, eos and finally Binance smart chain plafrorm.