Bearish Defi Tokens on Sept 21,2020

[Selina31]

1. Aave with an 18% loss.
2. YFI with17% loss.
3. LINK with 11% loss.
Source: https://the Url is blocked due to spam #Cpspam/news/lend-yfi-link-tokens-losing-value/

[TomPluz]

Well, this is quite expected as the market will really be experiencing some fatigue. As what the adage is saying: What goes up will always come down. We could not expect for anything to always be surging ahead. And DeFi is not an exemption to that wisdom. I am sure that if the platform is superb then soon things will be so rosy again.

[masterrex]

IMO, I think its just normal market correction but it's up to us to believe what was the next outcome if the bearish market trend of Defi tokens will continue or it will return to green and continuously moving upward into further bullish territory I believe that cryptocurrency price is totally weird in terms of fluctuation. thats why for me it's just normal.

[Astra]

Now all cryptocurrencies are falling in value. Better now than it was in the last months of the year, when we would have expected their further price growth. Bitcoin price is now $ 10 433, ethereum - $ 340. Therefore, the prices of DeFi projects have fallen. Our record-breaking YFI price has now dropped to $ 22,229, a 24.49 percent drop, and its market cap has dropped to $ 666 million. However, after a while, the cryptocurrency will grow well again. Most likely, it will be in the fourth quarter, which is traditionally considered good for the growth of the cryptocurrency market.

[Renampun]

1. Aave with an 18% loss.
2. YFI with17% loss.
3. LINK with 11% loss.
Source: https://the Url is blocked due to spam #Cpspam/news/lend-yfi-link-tokens-losing-value/

In response to this, I think the market correction is very reasonable, not always in the green zone and vice versa. for those who are stuck at high prices, you should HODL your token..

[debra]

The hype of Defi may be a bit disappearing, so people aren't interested so much to buy Defi tokens anymore. But I can say that the number of decline/loss in OP, seems still acceptable. The bearish time should be there, it follows after the significant improvement in the Defi token prices. Now, it is your decision to take a loss or hold + waiting till the price increasing again. Personally, I am pretty sure that the increase may come back again.

[Black ID]

It is certain that in the world of Crypto there will be ups and downs. It is precisely this condition that will make us as coin holders benefit if we can take advantage of the situation. When it goes down it is a good time to invest, and when it goes up it is a good time to sell.

[trauchot]

Now the cryptocurrency market is not in the best shape and now completely all cryptocurrencies are falling in price and DeFi tokens are no exception, so now we need to wait for the cryptocurrency market to start growing again, and while the prices of cryptocurrencies are falling, we can invest in cryptocurrencies.

[mnixxo.crypto]

I agree , most of the tokens/coins are falling now. But especially all DeFi coins/tokens were overhyped. And they need some correction. YFI -30% in last 7 days, AAVE -19% in last 7 days. We need just wait few days to recover.

[bigcash2011]

Some other defi projects like Jarvis Reward Token are also nose diving, personally i like most of these top defi projects but they just went up too quickly and seems like price will now settle to previous support price levels before making new move up.

[syedrasool2011]

I agree with you sir most of coins are going down more dump is coming careful trade sir wait for 2020 end big pump will come now coins will dump.

[Paglamon]

At present, if you visit the exchanges, you can see that the price of DeFi coins is declining. I don't know the real reason. But I lost by investing in two DeFi coins. I do not understand why the price of such coins is going down. There are plenty of investors. What is the reason for the fall in prices after that? Are the teams cheating on us? I know nothing. However, I think if the DeFi coin continues to fall, investors will move away from the market. But Bitcoin needs a hype.

[gunhell16]

1. Aave with an 18% loss.
2. YFI with17% loss.
3. LINK with 11% loss.
Source: https://the Url is blocked due to spam #Cpspam/news/lend-yfi-link-tokens-losing-value/

At the present time now, majority of the exchange in the market are all the same declining its volume under by Defi.
Now in regardless about Link, it was totally dumped its value in the market. But of course it is still remain a good opportunity
to any of the investors who hold in the long term.

[UNIVERSE]

Almost all coins faced a decrease. But, how can you define that they are bearish? The fact for bearish is that they need a much longer time to decrease the price or rate in the market. So that we can't make it easy because DeFi is still on hype. If we are looking for promising coins, we can consider whether rit comes from DeFi or not.

[Michael.sol]

Investment in Defi project's is really risky , we can suffer from Loss as well From profit also ( within some time ) .
YFI coin volatile market too much because this is highly demandable coin . I Also have some investment in this project . Defi market is really going intersting for me .
We must have good knowledge in defi projects in order to make a good profit in defi market ,.