Your experience with DeFi

[vanjava]

because I have missed the information about defi, so I can't buy from cheap prices, so my advice for those of you who want to invest in defi from now on I hope to discourage you because this coin is very hype, I recommend investing in bitcoin only.

[LogiC]

The hype on Defi is getting so much. Hotdog coin did people a lot of things. Moving from 4000$ to 1$ in 5hrs is so crazy. The hype is making lots of people losing money ams some investing in scam projects.

Yes for trading it becomes a hit grounfld for profits. But it doesnt mean the OP about that. What he is asking is about the use case of defi, like lending and borrowing, also like the yield farming. I dont know about these but I can see the process how and these guys are really profiting big from these farms.

I am a risk taker too but werent able to tried out yet. Maybe If Im able to earned a capital on trading will try that out.

[Altcoin1998$]

I heard a lot about DeFi, more than about the POS of ETH 2.0 coming. However, I have not had the opportunity to experience DeFi much, I have never even used crypto payment.
Many people understand that DeFi is Lending & Borrowing, and I think this is the main activity that has made DeFi such strong growth in the past 6 months.
Have you ever Lend & Borrow in DeFi? Or how did you experience DeFi? Trading on DEXs? Invest in ICOs/IEOs? Please share your experiences about DeFi.

I have heard about DeFi long days before but I have nothing knowledge about DeFi. But now DeFi is the only platform for Ethereum test net. All projects are available now in DeFi platform.

[ashraf786100]

A built-in and intuitive experience for Duffy on Bitcoin can also improve the landscape and fast already knows what BitCoin is and it is more valuable than any other cryptocurrency.

[Paglamon]

Defi tokens are now on the market. The huge amount of defi coins is being successful. Profitable people are benefiting more by investing in defi. So people are running towards defi. There was a time when ICO had a lot of sales. But now there are no sales in ICO. But people can sell a lot of these when they hear the name defi. So my experience from defi is that these are taking up a lot of space.

[Riya143]

I also hear a lot about Defi right now. But I have no experience with defi. Because I never traded tokens from Dex. I've been trading those tokens. They were bought from the exchange or from the ICO. But I have no experience with defi. But now there is a lot of speculation about defi. I can see the defi projects. Has occupied a huge part of the market. Being sold and being exchanged.

[Nostoman]

I could not gain any experience from defi. But now I see defi project being successful. There are many investors in defi projects. Most investors are angel investors so these are becoming much more successful. The ico price of the DIA token that ended a few days ago was 0.05$. But its price has been many times higher. Now it costs 3$+. So from this experience it can be said that defi token is coming in the market with much higher price.

[Istiak]

Peoples says Your DeFi your bank. I think it's a good way of storing your funds. We have seen what a DeFi project like YFI can do. Its prices gone  40$k range. Just think about what early investors are feeling now. It makes them a millionaire in just a few months. My experience is not good because I didn't buy any DeFi project when it was DIP.

[Andruha1993]

I didn't have much experience with Defi. But I think this is a really cool innovation (hype) that needs to be monitored and used.

[syedrasool2011]

The DEFI initiative and idea is only now beginning to take strong footing and recognition even though it has been around for some time now. Not only is the technology highly promising, it is offering more investors the opportunity to invest smartly in the crypto industry. Some projects like Injective Protocol are looking to further decentralised this sector and idea making it more attractive and easily accessible to anyone with the launching of their platform and decentralized exchange.

[Lorix]

Everyone is having a good time with defi. Because it is possible to make a profit by investing in defi projects. Many investors are becoming millionaires by investing in defi coins. We are just watching. Because we are the ones who hunter. For them, the projects can not bring any large amount. Because the budget is very low and they are not distributed. So it is impossible to say in the future what we will experience about defi.

[TERMINO]

I didn't have much experience with Defi. But I think this is a really cool innovation (hype) that needs to be monitored and used.

Decentralized Finance department in cryptocurrency industry will take lead the old ones coins listed in top 100 in case the DeFi scenario will become better than good. DeFi tokens now are interesting and really need to watch the outcome of the hype.

[lepbagong]

It is clear that it needs to be appreciated that there has been a renewal which at least gives a passion for now, but for me it is still too early to decide about Defi itself, but it must be appreciated because it is clear that the impact is visible. we will see further developments in the next few months hopefully this will continue and make more exciting for many people.

[vegasus]

DeFi is like a fungus that is very easy to spread and spread. But can it last long?

As we know, right now, yes, DeFi is very popular, booming. More and more new DeFi projects have emerged, especially because of the YFI coin, which increased so much that it surpassed BTC.
Of course, now many developers are competing to create DeFi projects to attract investors.
However, will this all work out? Of course, I'm sure not all projects will be good.

And so far, I have only worked on a few DeFi projects, which are already on the market and have trading volume.

[zilzylian]

I have missed a great opportunity to invest in the DeFi project, if you look at the current token price it seems I don't have enough funds to trade, the percentage of DeFi token price increases fast to the month and early investors have made a big profit by choosing DeFi tokens like YFI