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Chasing a running Bull .... should you ? by bitrocker2020

View this thread on: hive.blogpeakd.comecency.com
· @bitrocker2020 ·
$16.51
Chasing a running Bull .... should you ?
![Screenshot 2020-08-10 at 5.06.39 PM.png](https://images.hive.blog/DQmcxpz2cn9n3TtW8yk4dYeDF6cQ5gqkycajL4XTfCfNJdF/Screenshot%202020-08-10%20at%205.06.39%20PM.png)

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### The Defi Crazy
Over the past few weeks there has been so much hype about DEFI ( Decentralized Finance ) tokens and daily we've seen friends and strangers just flaunting how much they have earned just by holding or staking these tokens. 

Even **Coinmarketcap** has a designated page just to showcase these defi linked tokens and show its growth. You can see parabolic growth in some of these projects making it seem really unrealistic in terms of growth rate in the past 24 hours. 

A clear example is like ChainLink and Ren or even Band .... crazy growth.   
###

![Screenshot 2020-08-10 at 5.11.42 PM.png](https://images.hive.blog/DQmPztv8ywaiAeEWTKATf31thezhoRGiGTMV23RrH8gycCd/Screenshot%202020-08-10%20at%205.11.42%20PM.png)
##
##### If you are thinking  ... hey let me get in on this while its still hot !! Thats true ... why not right ? Its an opportunity to make some cash.  
###

No one else can tell you what to do with your money however I do ask that you do really extensive research prior to buying into a coin/token as some of these tokens may just be pumping in price purely due to some whales just hyping things up so that they are able to dump their tokens in a high price 
#
One of a quick way to start your research would be from Coinmarketcap's Social Feeds section, for example you can see this in ChainLink's details. It only takes you minutes to gain some knowledge about this crypto project and learn more about it. 

![Screenshot 2020-08-10 at 5.17.26 PM.png](https://images.hive.blog/DQmXM1nxSEA4gWBgvpuA8DYtfRQbz9NhTRFSJRjg6iaJoPS/Screenshot%202020-08-10%20at%205.17.26%20PM.png)
##### https://coinmarketcap.com/currencies/chainlink/social/

So do make sure you do the research about it and don't just jump into investing due to FOMO ( Fear of Missing Out )  

Cheers all and have a great day ahead !!

Posted Using [LeoFinance](https://leofinance.io/@bitrocker2020/chasing-a-running-bull-should-you)
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@bossku ·
Thank you for your support. We will be working for a new payout scheme for you soon. Keep your chins up and stay tune!
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