New run with new instrument
If you are in crypto for a long time as me, you remember last halving, problems with community and block hight, hardfork and new Bitcoins...
And the first Global Golden AGE for BTC: the Year 2017. Many people who sit in this racket in the first half of the year become millionaires... but a lot´s from its drop-down in years 2018 and 2019.
Every cycle need something to start with something special, halving, ICO, futures, or now DEFI.
DEFI - Decentralized Finance
If you look on the Marketcap you will see, that in the last months flow a lots of money in DEFI and we are still in the beginning. The Markercap is low and DEFI looks more interesting then ICO in the last years.
DEFI vs. ICO
But Defi has their problem in many things similar to ICO. The Value of the projects is in many examples bigger then it´s real potential. Do you really think that a project what is on the start can have a valuation more than a billion dollars?
Use this opportunity
It´s no need to stay away from DEFI, it´s a big opportunity. But it really needs to make research and make your goals. Try to sell a part of your bags when you see hundreds of percent rises. But don´t forget to make your own decision, this is not financial advice.
Johny