What triggers this Crypto Farm mania? Basically FOMO.

@idiosyncratic1 11 May 2021 more from that month

What triggers this Crypto Farm mania? Basically FOMO. In my opinion the idea of getting rich quickly. Yet, we all know the end of this story. The new crypto enthusiasts love the high-risk digital assets when it comes to investing(!) It may sound weird but I find it quite natural as I do not know the number of ICO's that I invested for the sake of a front-end 😄 I hope not many people get hurt because of this hot potato game. At least, they love producing Adrenaline hormones 😅 #Cryptocurrency

+KT
+BCH

3 comments

@Pardinus 12 May 2021

And it's insane the amount of people actually putting money on this stuff!
@achim03 12 May 2021

In my opinion most of these Defi projects are not sustainable and there is something similar to a ponzi scheme about them. There always needs an income of fresh money to keep growing. There is a big first mover advantage. In the long term I don't believe so much in it. When I look at Uniswap, the big difference with other projects is that Uniswap is foremost a dex and the use case comes from that.
@BehiverOnNoiseApp 12 May 2021

FOMO is dangerous, you either jump in early and out or might lose it all...