Thanks! What do you think about GFI? They are so similar in performance?
TradeYourLogic
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@metza24, Hello, are you referring to the Gravity Finance or a different project?
metza24
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@michael_frost_ng, Sorry.. just realized we have 2 of them. Its GoldFinch. Thanks
TradeYourLogic
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@metza24, the first thing I noticed is "Goldfinch is a decentralized credit protocol for crypto loans WITHOUT crypto collateral." I do not really how it works in practical world, you give a loan to someone without any collateral. As for me, in crypto space we have a bunch of lending techs, hence I would rather choose a different one
TradeYourLogic
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@metza24, As for the technical standpoint, we are deeply oversold on 1D timeframe as per RSI, but there is bullish divergences yet, if you are interesting in the project you could invest in it but extremely low % from your deposit. On the other hand, their are on Coinbase exchange, so perhaps, they will get listed on another exchange some time later
TradeYourLogic
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@metza24, As I can see it was founded by 2 ex-coinbase employees and due to the low market capitalization, you could make some gains, once the market get restored