Topic: Long live the coins.... even the company die (Read 118 times)
Unfortunately, especially in the early days, I invested in coins that died, so it is better to invest in real businesses and coins/projects that have a very solid road map, development team, community and products/services. We now see that the market cap for crypto currencies has been drastically reduced, meaning there are now too many projects and ot enough capital to go round, so you need now to be very careful in where you are going to invest your hard earned money and not to waste it willy nilly, everywhere.
Will be better to make investment in mineable coins like Bitcoins, Litecoin or DASH than token that premined, because although the company that used these cryptocurrency is die or bankrut , will not really make effect with the price of the coins. For tokens if the company died, the price will drop and will be no demand for that tokens because no body promote the advantages of the token.
who will buy coins that have died? no developers, no updates, no growth and no one is willing to buy it.
so there are many considerations and research you should do before investing in alt, if you ignore it maybe you will lose.
so there are many considerations and research you should do before investing in alt, if you ignore it maybe you will lose.
What to support a currency ecosystem? what to support a company? So if the company you invested your money in died, only that the chain is there, your coins will last forever. So what to worry about investing in altcoins
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