Topic: looking to the future of crypto (Read 830 times)
If we are going to support crypto even in its downfall the crypto future will ne good amd bright,but if we will left crypto at the bad times it will never be the same as its glory before tjats why what ever happens in crypto we must SUPPORT and live with it so its future will be good and better than before.
Once I participated in bounty campaign that lasted for more than half a year. Everyone predicted a good future to that bounty, believed that it have good long-term prospects and waited for huge grains but finally that bounty scammed. I lost my time, money and tons of nerves. The conclusion is that when you participate in any bounty campaign you can hardly predict the final result.
What I see here is that some countries have made their own versions of digital money, that means they take an example from crypto and admit that everything will be digital in the future.
Projects in the real world also sometimes do not survive and many of them go bankrupt so you have to choose the right one and will survive, and analysis or knowledge of that is needed in this case.
Projects in the real world also sometimes do not survive and many of them go bankrupt so you have to choose the right one and will survive, and analysis or knowledge of that is needed in this case.
Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that
what is your opinion?
This happens everywhere in every walk of life and due to high potential of crypto market and the unregulated and free market scammers do get chance to move in and make easy bucks resulting in loss to the investors who thought to support the new project and was legit in their eyes. what is your opinion?
It seems unreasonable to me to make any predictions for the distant future.
It depends how far we are predicting because new projects and coins will over take the past ones and solve the problems of the previous versions. Like Ethereum solved a problem that Bitcoin had and then it looks like Polkadot is solving the problem that Ethereum has and the cycle goes on until we either get a robust blockchain or we just don't have a solution and stop. Looking in near future, I can confidently say that DOT and ETH 2.0 will dominate the market, but its just my speculation.One thing is clear cryptocurrency will develop. One sector will be replaced by another, an evolutionary process is inevitable. Projects disappear quickly, but large projects remain. Among the long-livers of the crypto market will be only those products that will bring real benefits. They will be in demand. And the garbage and scam will be eliminated by itself. I think that 2021 will be very decisive, now we need to work with what we have today! (DEFI, BSC, HECO!)
Yeah, absolutely like I said there will be changes based on what problems were faced by the previous models and improvement is the name of the progress and new tokens/blockchains and projects will flourish while the old ones will be either dead or just irrelevant once the new ones take over completely.
A real project will never stop running just because they are tons of shits projects now, just because tron (trx) or bnb is faster than Ethereum doesn't mean Ethereum project will fold or something, my main point is that shits projects are out everyday with no real use case, scammers are becoming much wiser everyday by building a project that seems similar to another successful project, we just have be careful when investing in new crypto projects,90% are created by scammers.
Scammer will stay in the market for as long as the community, investors and traders exist. Consider how many scam sellers are out there in the fiat market, you cannot eliminate them, either educate the community or they learn of their own after being cheated multiple times. I acknowledge what you said about new tokens that just because a token is faster doesn't mean the other ones will die because transaction cost is a very minor issue and while having low fees helps, certainly lots of other features are missing with TRC-20 otherwise it would have dominated over ERC-20 by now.The future of crytocurrency is bright and I am very sure that in the near years it will be more developed that it is presenting now.It is getting more accepted by people globally unlike before,some industries have even started to acknowledge it like never before so definitely the best is yet to come for crytocurrency.
Nothing is going to replce bitcoins, I can almost guarantee that. What USD is to other fiats is what bitcoin is for other altcoins, a set standard and to compare themselves against.
Simple answer is to stop following new projects, or to atleast be cautious when it comes to new projects. New projects are not perspective in this moment maybe, so it's best to invest in BTC or top alts at the moment. But in the future there will be time for new projects, I'm sure in that.
Just to be safe it is better to invest in top coins these days in the market. Actually we have many options on what project to invest our part is to do your own research this is really helpful on our investment. Some new project are rugpull, they just collect funds or scam money from investors. Never invest without doing a proper research without it your money will lose. Though we can't deny that there are also promising new projects.
But it is really hard to trust new ones these days.
So if you want to secure your funds, better invest into btc or other top alts.
You can also check these new projects if they are just here for the money, the way they introduced their platform.
You can assess their capability by checking the project itself, their development plans, the team and their actual accomplishments.
Also, if you can see a generic roadmap, that means, they are not putting much effort into their project.
Simple answer is to stop following new projects, or to atleast be cautious when it comes to new projects. New projects are not perspective in this moment maybe, so it's best to invest in BTC or top alts at the moment. But in the future there will be time for new projects, I'm sure in that.
Just to be safe it is better to invest in top coins these days in the market. Actually we have many options on what project to invest our part is to do your own research this is really helpful on our investment. Some new project are rugpull, they just collect funds or scam money from investors. Never invest without doing a proper research without it your money will lose. 
Simple answer is to stop following new projects, or to atleast be cautious when it comes to new projects. New projects are not perspective in this moment maybe, so it's best to invest in BTC or top alts at the moment. But in the future there will be time for new projects, I'm sure in that.
It is sad to see that many new projects have sprung up with no clear purpose. So, nowadays, many new projects are only fundraising, so many
project developer only want to find short term profit for themselves. Therefore, many scam projects have sprung up, this is what makes the crypto
world look bad. So I suggest investing it is better to choose old projects that are included in the top 10 crypto, it's much safer. Rather than investing
in new projects that promise greater profits, but can end up in scams. But not all new projects are bad, if we can do research properly we can find
new projects that have a bright future. Although the number is only about 3% of the total new projects currently circulating.
project developer only want to find short term profit for themselves. Therefore, many scam projects have sprung up, this is what makes the crypto
world look bad. So I suggest investing it is better to choose old projects that are included in the top 10 crypto, it's much safer. Rather than investing
in new projects that promise greater profits, but can end up in scams. But not all new projects are bad, if we can do research properly we can find
new projects that have a bright future. Although the number is only about 3% of the total new projects currently circulating.
There is no better way to look for a crypto that will do better in the future than this present hits we are seeing in our different markets. There are hundreds of such coins that can give you huge profit, you just have to locate them and know when to buy or sell. Few coins I will recommend you buy and keep for the future are BTC, ETH, BNB, XLM and TRX to mention few. You will never regret doing so. I have looked into these coins, though their growth might not be now. But they will surely bring something good for you later, if you buy them now. If you have money you are not using right now, you can try it and you will thank me later.
It is an open secret that many scammers in new projects, even projects that have been running for a long time are suddenly scam, there is no progress because they lose to new projects that have better ideas, the team gives up and leaves the project,
we as investors must be careful when making decisions, because we don't know which project will suddenly be a scam, so always be vigilant and monitor the coins we hold.
A real project will never stop running just because they are tons of shits projects now, just because tron (trx) or bnb is faster than Ethereum doesn't mean Ethereum project will fold or something, my main point is that shits projects are out everyday with no real use case, scammers are becoming much wiser everyday by building a project that seems similar to another successful project, we just have be careful when investing in new crypto projects,90% are created by scammers. we as investors must be careful when making decisions, because we don't know which project will suddenly be a scam, so always be vigilant and monitor the coins we hold.
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I agree on your point but for me it is not too late to invest in crypto. Yes, the odds of investing now is quite complicated but we are talking about the future of crypto. Right now, around less than 50% of the people around the world that have the knowledge about crypto and the rest are not informed and even not aware of the existence of crypto. So meaning, we are not yet experiencing the full potential of cryptocurrency. More likely we are in just a half of the efficiency of crypto that is why I believe that investing in crypto right now is the best decision you should do.
It seems unreasonable to me to make any predictions for the distant future. One thing is clear cryptocurrency will develop. One sector will be replaced by another, an evolutionary process is inevitable. Projects disappear quickly, but large projects remain. Among the long-livers of the crypto market will be only those products that will bring real benefits. They will be in demand. And the garbage and scam will be eliminated by itself. I think that 2021 will be very decisive, now we need to work with what we have today! (DEFI, BSC, HECO!)
First of all people need to learn difference between perspective coin, shitcoin and scam. Shitcoin and scam are similar but again different. So here we come to whitepapers and people behind project. You need to understand crypto and to see potential in idea. If it's bad or copy paste idea, simply don't bother with that. To get that skill you need some knowledge and experience.
Let's put it into term that shitcoin scammed those long-term holders of the said tokens through exit scams. I believe there are numerous project that did that because all their aim was to get quick $$$ then disappear into thin air.
Many new projects aren't for long term that's why many are claiming that almost 90+% of alts aren't gonna survive the winter cold dumps.
Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that
what is your opinion?
what is your opinion?
thats why we need to read carefully the whitepaper if we want to invest in any cryptocurrency project and learn about the roadmap too
also, we must know who is the people behind the project mate, because "man behind the gun" is the most important part in any projectc
First of all people need to learn difference between perspective coin, shitcoin and scam. Shitcoin and scam are similar but again different. So here we come to whitepapers and people behind project. You need to understand crypto and to see potential in idea. If it's bad or copy paste idea, simply don't bother with that. To get that skill you need some knowledge and experience.
It's like a shit show now, there are tons of altcoins projects in the crypto , and the worst part is that most of this new projects have nothing real to offer in the long-term, they are just hoping get money from the investors then stop developing and leave the project to die off, recently its DeFi, about 90% of the new projects are all about DeFi, most of these coins are just pump and dump nothing special about them, it's really sad knowing alot of investors have lost their money on all this sh*tty DeFi tokens.
It is an open secret that many scammers in new projects, even projects that have been running for a long time are suddenly scam, there is no progress because they lose to new projects that have better ideas, the team gives up and leaves the project,we as investors must be careful when making decisions, because we don't know which project will suddenly be a scam, so always be vigilant and monitor the coins we hold.
Cryptocurrency mass adoption on a long enough timeline is money outside government control and ability to tax. With that comes the eventual starvation of nation states as we are accustomed to, only to be replaced by a more laissez-faire society
It's like a shit show now, there are tons of altcoins projects in the crypto , and the worst part is that most of this new projects have nothing real to offer in the long-term, they are just hoping get money from the investors then stop developing and leave the project to die off, recently its DeFi, about 90% of the new projects are all about DeFi, most of these coins are just pump and dump nothing special about them, it's really sad knowing alot of investors have lost their money on all this sh*tty DeFi tokens.
It is an open secret that many scammers in new projects, even projects that have been running for a long time are suddenly scam, there is no progress because they lose to new projects that have better ideas, the team gives up and leaves the project,we as investors must be careful when making decisions, because we don't know which project will suddenly be a scam, so always be vigilant and monitor the coins we hold.
I want to concur with you on this, the eventual fate of crypto cash is splendid, and undoubtedly will be well known, and there will be numerous tokens that are not going to be essential for it. This is the reason as an investor, a drawn out investor, your examination and investment tokens should be towards ready to get by on the long haul, don't allow anybody to mislead you, benefit is the center motivation behind why you invest.
It's like a shit show now, there are tons of altcoins projects in the crypto , and the worst part is that most of this new projects have nothing real to offer in the long-term, they are just hoping get money from the investors then stop developing and leave the project to die off, recently its DeFi, about 90% of the new projects are all about DeFi, most of these coins are just pump and dump nothing special about them, it's really sad knowing alot of investors have lost their money on all this sh*tty DeFi tokens.
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