YFIUSD ://BUY THE DIPS_TAKE PROFITshe could slide down to the 17 to 19k level if this current trend continues so buy the dip...
OVERALL IN CIFI DEFI we think the whales want to push out the week hands. With YFI we believe this is especially the case. In the end there is only 30k of them. We believe there will be an upcoming DeFi CeFi season in the next month or so maybe a bit longer. SO yes i would defiantly look to take a position in YFI or whatever your favorite project is in this crypto sector, the current chart shows YFI might slide down to the hi teens like 17 to 19k but then again she has held that 21k support pretty faithfully so far.
IF u r a YFI HODLer I would be amazed if we dont see an ATH over 44k sometime this next year, JUST remember to take some profits after any solid rally.
we got killed on 1inch but
Others in this space r AAVE SUSHI n of course YFI r our picks. SUSHI is the wild card. This is the uniswap open source code repurposed than acquired by the yearn finance team. they r looking to create an entire cifi defi eco system. Also check out 1inch. we got killed by getting in at around 1.40 n cost averaged down. They r next level and yes it may b to complicated for true mass adoption but all in all this whole set up is impressive esp the yield and farming options,
_IF you r a true HODLer on this one really u cant go wrong if your in it for the long run.
What a concept and overall -platform. SOOOOO much potential but with all the pool and yield farming tokens being dumped on the market combined with that crazy binace rally we r not surprised to see a serious retrace but not this low. We still stand behind that this will go back to 1.50 2.00 plus but when n how is the question. IF yield farming _ staking is something you r interested in I would take a small part of your portfolio and experiment with yield farming etc. you can do this thro your MEW metamask or whatever ETHEReUm wallet you r comfortable with.
If anyone does want to check out 1inch we would appreciate it if anyone wants to use our referral code._ 1inch.exchange _The air drops r crazy here and should more than make up for the loss on the token. We traded 500 worth of sushi for 1inch and played around with trying to refer a few people and some yield farming and staking. We received 600 so0mething 1inch tokens as a bonus airdrop just for these few trades and i believe 2 referrals.
_HGM
