How to use DeFi the right way — This latest guide can help

cointelegraph.com:

The cryptocurrency market saw an explosion of growth during the 2021 decentralized finance (DeFi) Summer and increased fear of missing out (FOMO), which drove prices of Bitcoin (BTC) and much of the cryptocurrency market to all-time highs. During that time, the total value locked (TVL) across DeFi rose to nearly $180 billion before crashing down to earth. 

After the past few weeks of the BTC price crossing the $30,000 threshold, some are speculating if the market is gearing up for another bull run. That could signal interest from both veterans of past cycles and those new to crypto to get interested in DeFi, and Cointelegraph Research’s latest report is here to help give insights to past, present and future DeFi users.

Download the report on the Cointelegraph Research Terminal.

“Investing in DeFi: A Comprehensive Guide” report is a perfect start for those new to blockchain, giving an overview of DeFi. Throughout the report are links and references to all the useful resources and tools to help individuals conduct their own due diligence before investing in anything. Cointelegraph Research and Cointelegraph Markets Pro collaborated on several areas of the report to bring tips and tricks to help DeFi users with fundamental analysis to help mitigate the risks associated with investing in cryptocurrencies.

Before investing in DeFi, it would be important to know the potential for the sector to grow if there is increased interest in the future. If we look at the chart below of DeFi’s dramatic rise during the 2021 DeFi Summer, it would seem to indicate that there is plenty of room to grow to at least the levels achieved during the last bull cycle.

There is no guarantee that the crypto markets will replicate the move, but it