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RE: What should we do about all this DeFi stuff?

in Project HOPE8 months ago

Dear @achim03 before I respond to this post of yours I must admit I was quite concerned for your well being.
Usually I see your posts quite frequently. Though this time round I saw a gap of 16 days so I was getting worried.
As I do not have your email, skype or discord details I was at a loss of not being able to call/ contact you and know about your well being.
Hope you and your family are fine #safe and doing well?
I feel we should have some contact details apart from these blogs to get in touch.

Coming back to the topic
I see De-Fi is getting bigger and bigger. The hype is building up and more and more projects are being launched with multiple X valuations being given to their tokens in a span of only a couple of days.
However all these projects may not be original and may not solve a real world problem- My benchmark of a safe and sound project.
Besides the high gas fee keeps a lot of people off these projects.
Lets the initial hype settle and real value emerge for us to benefit .
IF one is a speculator and wanna take risk it is another story.

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Thanks a lot for your concern my friend. I have an offline job and sometimes I can't be very regular with my posts.

Lets the initial hype settle and real value emerge for us to benefit .

I totally agree with you here. In addition to that why take a risky investment when you know that a big chunk of your profits will be eaten up by gas fees. I believe that there are some great projects out there and they will survive but I will only touch them once they really provide me a secure way to invest and a way to withdraw that doesn't eat up all my earnings.