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Author Topic: Defi Tokens Rally  (Read 8439 times)

Offline Selina31

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Defi Tokens Rally
« on: September 01, 2020, 01:55:14 PM »
Yearn.finance gains 9.18% within the last 24hrs.So are you thinking to invest in it?

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Defi Tokens Rally
« on: September 01, 2020, 01:55:14 PM »

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Offline Lutera94

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Re: Defi Tokens Rally
« Reply #1 on: September 01, 2020, 02:01:34 PM »
its better to buy some eth, i think YFI is good to move till now but i dont take any kind of risk to buy this. i always looking for eth. this green market you can get profit but think is how to control your loss.
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Re: Defi Tokens Rally
« Reply #2 on: September 01, 2020, 04:51:06 PM »
YFI has had huge increase in last week. Too much for me to feel comfortable. Only 30000 available but what is reason for increase? Dump coming?

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Re: Defi Tokens Rally
« Reply #3 on: September 01, 2020, 09:25:37 PM »
Yearn.finance gains 9.18% within the last 24hrs.So are you thinking to invest in it?

Not a single moment. 

YFI has had huge increase in last week. Too much for me to feel comfortable. Only 30000 available but what is reason for increase? Dump coming?

The increase is really fast, possibly many investors are in FOMO and not thinking the possible reversal of market.  I hope price would stay as is and dump won't happen.   

its better to buy some eth, i think YFI is good to move till now but i dont take any kind of risk to buy this. i always looking for eth. this green market you can get profit but think is how to control your loss.

Or much better to find another investment that has no issue with transaction fee.

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Re: Defi Tokens Rally
« Reply #4 on: September 02, 2020, 02:54:30 AM »
I am bullish

The thing that is missing is a catalyst in crypto. Something to get normal people excited
2017 was get rich quick and ICOs that excited the masses
Hopefully the next thing that excites people is a bit more genuine and lasts longer
Once the catalyst sparks then we will enter a big bull run like no other
Ethereum has DeFi that is exciting some already in the crypto space but I don't know if it will fomo the masses
Which is why it's leading the market at the moment

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Re: Defi Tokens Rally
« Reply #5 on: September 02, 2020, 05:29:11 PM »
I think that tokens and coins that receive speculative pumps such as YFI should always be avoided. Instead, cryptocurrency investments that follow a more level and logical growth line will be more reliable.

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Re: Defi Tokens Rally
« Reply #6 on: September 02, 2020, 06:41:55 PM »
I missed the train, because I saw the project early but fail to invest. I like the project but won't touch it now until the whole DEFI market correct, this is when we will separate the men from the boys

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Re: Defi Tokens Rally
« Reply #6 on: September 02, 2020, 06:41:55 PM »


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Re: Defi Tokens Rally
« Reply #7 on: September 02, 2020, 08:10:09 PM »
Some how to me it is becoming scary. Feeling bubble could come up anytime. The way a token of 30$ went to 32k$ so people that bought at that high price what happens. Hoping it gets to 100k$ ?
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Re: Defi Tokens Rally
« Reply #8 on: September 02, 2020, 11:44:00 PM »
Yearn.finance gains 9.18% within the last 24hrs.So are you thinking to invest in it?

It has gained even much more, which tells you everything that you need to know. Tokens are soaring high in prices and volume especially when they are DeFi, the hype is immense and there are several who wants to take great advantage of it. Be smart, and do not let the price dump on you. Always do your own research

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Re: Defi Tokens Rally
« Reply #9 on: September 02, 2020, 11:53:50 PM »
Well, FOMO has already taken this period, obviously there may be sudden drop in price. This situation was found in 2017, unfortunately many people incurred huge losses that lead to the highest all time low or price crash in 2018. I am still monitoring the situation and I don't hope to get in yet.

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Re: Defi Tokens Rally
« Reply #10 on: September 03, 2020, 04:20:50 AM »
I think that tokens and coins that receive speculative pumps such as YFI should always be avoided. Instead, cryptocurrency investments that follow a more level and logical growth line will be more reliable.
This is a very risky type of projects. One thing Im sure is that most of the project related to this are all hype. But if you are a high risk apetite guy then you can easily gain profit from it. Many projects has been anticipated to moon but being overtake by these y family hype.
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Re: Defi Tokens Rally
« Reply #11 on: September 03, 2020, 08:38:45 AM »
I think that tokens and coins that receive speculative pumps such as YFI should always be avoided. Instead, cryptocurrency investments that follow a more level and logical growth line will be more reliable.
This is a very risky type of projects. One thing Im sure is that most of the project related to this are all hype. But if you are a high risk apetite guy then you can easily gain profit from it. Many projects has been anticipated to moon but being overtake by these y family hype.

I am not considered a good trader. But it is clear that only crazy people dare to invest money in such projects. :D

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Re: Defi Tokens Rally
« Reply #12 on: September 03, 2020, 02:55:23 PM »
Yearn.finance gains 9.18% within the last 24hrs.So are you thinking to invest in it?
The cryptocurrency of 2017 excited the masses. There were many investors. Many people worked. Gained much popularity since that time. But a lot of people who have come to the market now know about Defi. There were a lot of sales at ICO in 2017. Not sold now. But launching a defi project is selling a lot. I don't know exactly how it is happening. People are very excited. Once the catalyst is spread then we will not enter any big bull race. Defi is leading the market at the moment.

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Re: Defi Tokens Rally
« Reply #13 on: September 03, 2020, 06:56:27 PM »
it is late already, i don't think it will go beyond the current price and another similar project is on the move. YF11. it forked out of the original coin and already trading at the range of 5000 to 6000k. the success behind the YF1 was the current market situation.
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Re: Defi Tokens Rally
« Reply #14 on: September 03, 2020, 07:11:15 PM »
Yearn.Finance has really made an extraordinary surprise, the price that exceeds the price of Bitcoin makes people curious about the current DEFI program.  Apart from YFI, many other DEFI Coins have also increased.  However, I only warned myself and my friends to always be careful with the current situation, I was afraid this hype could get people trapped.

 

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