looking to the future of crypto - page 3.

kkofor

sr. member

Activity: 365

Merit: 250

Quote from: MCobian on August 26, 2020, 06:01:41 PM

Now DeFi projects are in the center of attention of many investors after experiencing the hype. But not all DeFi projects
are successful and deliver profit to investors, in the end we still have to be able to analyze every coin we will buy. It is
true that currently DeFi projects could be crypto for the future, but top cryptocurrencies are safer for investment, such as
Bitcoin, Ethereum, Ripple and Litecoin.

During this time period is a very good opportunity for you to choose to invest in Defi projects but should also consider carefully when deciding because there will certainly be risks when you choose to invest. I also know Defi projects are very similar to ICO projects but in general Defi is gaining more investor confidence. However, the trend of investing in Defi projects will end soon by the end of this year and another trend will begin.

Lorokan

member

Activity: 421

Merit: 47

Quote from: soenan on August 21, 2020, 09:06:42 AM

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?

I think you are right, and the future looks indeed bright, there are more adopters of the blockchains, there are several newbies too who have one way or the other shown interest in the blockchain and crypto currency projects. But still there is no reason to rush anything. Just take it one at a time.

Oppo57

copper member

Activity: 1106

Merit: 0

There are currently a lot of projects that sit to harm others and have no long-term plans.Many such projects have led many to mistrust the cryptocurrency market. I hope the authorities will look into the projects so that no one is harmed.

joshua123

full member

Activity: 527

Merit: 113

Quote from: soenan on August 21, 2020, 09:06:42 AM

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?

Those tokens and coins are shitcoins. You can eventually see them a lot on different market especially on uniswap. You can see a project that are born today and simply die days from trading start. Better to bet your money on old projects that has proven their stability.

Bitcoin Miners

full member

Activity: 440

Merit: 100

Roobet

Quote from: soenan on August 21, 2020, 09:06:42 AM

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?

Not all projects are successful in this market, but all will help build this market grow more than. That is the balance and don't hope that all projects will be successful like the way that they talk. Overall, this market are going up in a sustainable way

lienfaye

hero member

Activity: 3010

Merit: 629

Quote from: soenan on August 21, 2020, 09:06:42 AM

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?

Its not something new and we used to see (especially new projects) this kind of situation. So if an investor is not careful enough when choosing where to put their hard-earned money the chances of losing it or getting scam is high.

Shit projects are always there it wont disappear. Hence its up to us if we are easily convince to support and invest to them. Thats why its better to choose an old rather than a new project because its unlikely to become a scam.

NoG-NoG

full member

Activity: 616

Merit: 100

I think even there are project developers whose mindset is just only for the good of themselves for the cause of the others especially investors and just thinking for a short term mindset, I still believe that there are still many developers whose heart is for the good of all and which look for the best of all and thinking for a long term mindset we just need to really do our research and trust with them.

Chukwunonso

jr. member

Activity: 154

Merit: 1

There are several projects that started very well, but after a while situation tend to make them loose focus and concentration. For a project to have a future in this space, there needs to be consistency in project development and management, and the use case needs to be top notch to keep the liquidity going smoothly and as such the tokens having a hungry market. One of the reasons why the value of bitcoin is high, is simple because the market is hungry, everybody wants to hodl bitcoin.

Kasabus

hero member

Activity: 2814

Merit: 576

Quote from: Roidz on August 26, 2020, 03:33:20 PM

Currently, there are lots of new crypto projects that have sprung up, but of course, there are also many projects that are just scams, so, we need to be careful before investing in such projects, I think this fraudulent project is what makes investors loss off money and start to lose confidence in the world of cryptocurrency, and so, they are leaving crypto invest so that cryptocurrency will be more and more abandoned by the people in the future, I think we also have a role to play in being able to stop the growth of fraudulent projects in the future.

Fraudulent projects will never be stopped if investors keep on choosing them for investment. Investors should be more careful particularly in new projects that have suddenly appear in the market because most of the team members on it have only intentions to steal the money and then suddenly the project disappear.

MCobian

full member

Activity: 1190

Merit: 117

Now DeFi projects are in the center of attention of many investors after experiencing the hype. But not all DeFi projects
are successful and deliver profit to investors, in the end we still have to be able to analyze every coin we will buy. It is
true that currently DeFi projects could be crypto for the future, but top cryptocurrencies are safer for investment, such as
Bitcoin, Ethereum, Ripple and Litecoin.

Pasutinmeur

full member

Activity: 302

Merit: 100

Quote from: shaheer001 on August 26, 2020, 11:38:00 AM

You are right but still, there are many projects which are developing their roadmap accordingly and also their price is going up like OGN, LEND etc.

Those projects are only some but we have so many projects that are still running on their first plant too.I have been watching band protocol, chainlink and many more altcoins in the market. LEND and OGN are also in my radar too. So many projects have good prospects in long term.

Roidz

sr. member

Activity: 1386

Merit: 250

1XBit.com

Currently, there are lots of new crypto projects that have sprung up, but of course, there are also many projects that are just scams, so, we need to be careful before investing in such projects, I think this fraudulent project is what makes investors loss off money and start to lose confidence in the world of cryptocurrency, and so, they are leaving crypto invest so that cryptocurrency will be more and more abandoned by the people in the future, I think we also have a role to play in being able to stop the growth of fraudulent projects in the future.

Danslip

hero member

Activity: 2058

Merit: 538

Leading Crypto Sports Betting & Casino Platform

It is a game in the form of a zero-sum architecture. The investors look through the possible investment options and decided to invest in the specific crypto project based on their personal investment bias. The scammers know what to do during the bear market aka crisis for crypto projects and they don't regret to take money whatever they can take.

ongkok87

sr. member

Activity: 1120

Merit: 256

Quote from: soenan on August 21, 2020, 09:06:42 AM

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?

Of course many people can easily create a team develop a coin and runs with other's investment i think it is important to analyze and read their whitepaper and look if this will be applicable and think after 1-5 years have passed what will this project will be in the future you should be very careful since just like what you have said there's a lot of crypto related projects we don't know which one is the legitimate and the fake ones.

JCviggen

hero member

Activity: 1260

Merit: 505

Age Of Mars | GameFI Virtual colonization of Mars

Quote from: shaheer001 on August 26, 2020, 11:38:00 AM

You are right but still, there are many projects which are developing their roadmap accordingly and also their price is going up like OGN, LEND etc.

OGN has very huge growth prospects. This is one of the largest coins in which I have invested a large amount of money and I think that I can multiply my investments several times this year.

shaheer001

full member

Activity: 1274

Merit: 100

You are right but still, there are many projects which are developing their roadmap accordingly and also their price is going up like OGN, LEND etc.

dificanovi

full member

Activity: 840

Merit: 105

Buzz App - Spin wheel, farm rewards

Quote from: soenan on August 21, 2020, 09:06:42 AM

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?

Indeed, many projects cannot last for a long time, leaving investors feeling disadvantaged. the project owner should have a lot of capital and not only expect money from investors, if the project owner has a lot of capital then the project can be developed quickly and run for a very long time.

shaheer001

full member

Activity: 1274

Merit: 100

You are right mate.there are limited projects which are focusing on their future plans and developing maximum only get in for short term then the project sleep for a long time and the investor's loss their precious money and also waste the time.

beerlover

legendary

Activity: 3052

Merit: 1188

Do not worry about the scam projects or failed projects, they exist in the fiat world as well and people there haven't fixed it neither. Hell look at governments, they are making "scam" business' legit instead of stopping them because they are getting bribes from them.

There are so many companies who have made insane amount of profit while also getting government help and when they fail to pay their taxes they get some help of tax breaks as well, these are all companies who made tens of billions of dollars in revenue and still ask for government hand out and still not paying workers what they deserve and under starving wage. So, I believe there is really no problem with crytpo scams when the fact that amazon didn't pay a single federal tax.

Yamifoud

hero member

Activity: 2828

Merit: 518

Quote from: soenan on August 21, 2020, 09:06:42 AM

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?

I don't think we need to lose confidence and hopes toward these projects. Yeah, it is acceptable that only a few of them show such potentiality that we need to consider and it is much needed for the developers to come-up for the best strategy that changes those insights. The problem now is that we are too negative about them, we just easily judge them being a scam/shit project in general without giving them time to show about what their project is intended for.

We all feel bad about having a huge number of (shit) projects sprung up this time but this is not the thing that could ruin the entire market because people will keep ignoring them and only choose those who have been showing potentials.

Topic: looking to the future of crypto - page 3. (Read 868 times)