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Author Topic: Is investing in DeFi safe?(collected)  (Read 4449 times)

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Re: Is investing in DeFi safe?(collected)
« Reply #15 on: December 28, 2020, 05:13:21 AM »
In cryptocurrencies market no trading, investment and holdings are safe because cryptocurrencies market totally standing on thin air marketing systems. Most of the people in cryptocurrencies are involving with own risks.  Decentralized Finance projects also Very risks because it a permission less system where no third parties presences.
Yes, you are right. In fact, there is no need for a third party to transact through it. That leaves a lot of risk. Even after that it is seen that many people have invested in it. By investing in it, it has been seen that investors are more inclined towards it as they see more profit in a short period of time.
Although DeFi has increased in activity and popularity through 2020, many DeFi applications, such as meme coin YAM, have crashed and burned, sending the market capitalization from $60 million to $0 in 35 minutes. Other DeFi projects, including Hotdog and Pizza, faced the same fate, and many investors lost a lot of money.eventually I never full appreciate Defi is safe every time to invest .
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Re: Is investing in DeFi safe?(collected)
« Reply #15 on: December 28, 2020, 05:13:21 AM »

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