🎥 Cryptocurrency Market Overview | 03.09.2020
(Edited)
Hello, dear Blockchain people!
In this video, I talked about the DeFi (decentralized finance) sector and whether it is a bubble that is about to burst.
Enjoy watching the video and, please, comment!
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for the last 14 years, and as a cryptocurrency analyst for the last 3 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency trades, investments and etc.
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Great video yet again, you are right that DeFi is here to stay only that we need some stability and we are still in the infancy stage. It is still highly risky investing in some of the meme tokens/pools or what they call farming as these contracts could be hacked and all money lost. However things are getting better and more stable as we go along. I just saw EOS has a new DeFi platform called DefiBox with a similar stable coin and a DEX like Uniswap. The best part is that the gas fees are much lower than Uniswap, lets see how that will grow.
We are also waiting on polkadot , fusion and Cosmos to go live. As you said that 9 billion is nothing compared to what could be coming in this space in the near future.
Thank you for sharing and enjoy your weekend
Thank you for the very informative comment! Hive on!