Don't fall for all DeFi hypes

[TERMINO]

Every now and then we are in crypto ecosystem that scammers looking to devour. DeFi catch the attention of all due to its unique terminology and purpose. Be cautious because of DeFi hype scammers will go with the flow. Pay attention to what you are doing in order to anticipate the falling asleep into the hands of scam DeFi project.

[Thymoty]

That was the best thing to do keep away from those fake Defi projects do some researched because there are some legit Dedi platforms but most of them are just following the trend without true used

Yes, you are right, most of them just follow the trend and are not serious in developing their platform. It is proven by the number of DeFi platforms that hold bounty programs, most of them run away and don't pay participants.

[ashraf786100]

You get started, everything is in your hands, you don't have to worry Who work in crypto There are some projects that do the scams. You have to be very careful in this And join a good project

[cynthiaaddison]

DeFi hype is just crazy and i think it's already going down now but good defi projects will survive

[vegasus]

Some people and projects may claim that DeFi is not hype and it will last longer than previous Hypes. However, let's see what will happen in the future. here, we can see so many deFi projects are coming after the success of YFI, YFII, and also Uniswap. Whatever the types of projects, analysis a must

[xeroz]

I never follow a project or buy a coin in order to follow the hype. I've seen too many failed investment because of following the hypes only. We must take some learning from the failed investment, so join the best assets only, bro. Joining because of the hype may kill your goals/money.

[owmivmen]

Looks more likely to be a trend this year. Projects or coins that use the DeFi concept are more likely to be interested and buy, but not all projects are safe or they can even take advantage of a moment when there are many DeFi projects interested and they create a scam project. Prefer to be careful and analyze a project before investing there

[ayatoslaw]

Looks more likely to be a trend this year. Projects or coins that use the DeFi concept are more likely to be interested and buy, but not all projects are safe or they can even take advantage of a moment when there are many DeFi projects interested and they create a scam project. Prefer to be careful and analyze a project before investing there

I also see DeFi as a temporary trend and new trends will emerge after 2020 ends, but who knows what trends will emerge, because cryptocurrency development is too fast and unpredictable,
DeFi hype is too high, old players should already know about this trend and be more careful not to get caught up in a scam project.

[edmundo]

Like most trending technologies before it, the DeFi innovation in the blockchain industry has been bastardised by unscrupulous elements looking to play a quick one on unsuspecting investors. There is proliferation of fake projects out there in the space claiming to be offering DeFi features and initiatives just to defraud a lot of people looking to make some money in the market. One has to be very careful in order to stay away from some of these half baked projects. A lot of research has to go into any project you intend investing on.

[Alter]

Yes, don't be trapped with the hype. We must do good analysis before we decide to join a crypto coin, including to buy A Defi coin. We don't be affected by a big improvement of a coin price. But see the quality of the project behind the coin. If the project isn't a good one, just don't follow it even if the current price trend is really good.

[LaZim]

Scammers always stand around hype ideas. The same thing happened at the height of the ICO. People were losing money, but they kept investing. Now this topic will end and there will be another stagnation in the market.

[Master107]

Warning: DANGER. DO NOT LOWER YOUR GUARD AGAINST SCAMMERS AS MUCH AS POSSIBLE.
Scammers will interact kindly to every inquiries ( I'm not saying all kind respondents are scammers). Some times they will attempt to catch every single DeFi lovers. Whatever the hypes to come do your due diligence before investing/ joining in any projects. You are accountable to what you are doing.