Topic: Many projects are dead? - page 102. (Read 11973 times)
A lot of projects have already died out and as time goes on even more of the projects will die out. A lot of the new projects that you are seeing now will end up dying out in a couple of months or a couple of years because then no body would be using or investing in the coins. This is why you should do a lot of research into any coin that you are putting your money into.
There are different situations in small cryptocurrencies a lot of problems,especially if they are mining,etc. do not invest in them, they just do not need anyone.
I am holding a part of my money in altcoins. Generally speaking most of them are on historical lows and my balance of altcoins is about -80% from ICO prices and the total amount is ridiculous small so I have decided to hold them because it is absurd to sell my altcoins with such low prices.
Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
Yes there are lots of projects that are going to scam. So I have started to invest only limited project. For these projects I invest for long term.
Crypto market isn't like the past years that you could invest in any project and end up making a profit from it. Now you have to carefully research the projects and then invest in them cause most of the new projects are turning out to be scams. Also not every coin could turn out to be a successful one.
Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
If the projects are within Top 100 then we can say that they are more trusted than the rest of the projects. I guess rest of the 1400 projects are really shit one or they should at least show the potential to grow in the future and try to enter into Top 100. If they are putting their end of the deal then obviously we are entering the correct market and we can have some more faith. To be honest this market doesnt need 1000+ projects. Most of them are shit, getting greedy fro the money and copy paste work etc. So just stick to the formula of Top 100!
We just need to watch what is team doing, if they are working hard then it's not scam. It's better to invest and hold for a long time to make huge profit but you need to choose project carefully
Most of the abandoned projects are dead but yes, some of them are (not) actually dead if there were a community which still runs until today. The best reason for why a project can be dead is their developer scammed the investors, all of their social media are gone immediately after the ICO ends.
Yes, thats the problem actually, some projects are raising money and doing nothing, thats why product is importaint.
Indeed, every project must have a good preparation to face the market when it improves and the market is less friendly, so it should be thought of and coordinated by the team and dev so that under no circumstances will the market conditions remain on its performance.
which I am currently looking at is still a lot of projects that are dead and so now there is a new project emerging so from now on I am holding my altcoin and looking for a good project and can benefit 
Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
Market condition is not good and perhaps they don't have enough preparation to launch ICO project. I still trust the project but I have rules and limit to keep my asset safe and get minimal risk when enter the market. This time join project is not good, leave it and replace your money into currency. Wait and see but never lost faith with crypto.
Indeed, every project must have a good preparation to face the market when it improves and the market is less friendly, so it should be thought of and coordinated by the team and dev so that under no circumstances will the market conditions remain on its performance.
Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
Market condition is not good and perhaps they don't have enough preparation to launch ICO project. I still trust the project but I have rules and limit to keep my asset safe and get minimal risk when enter the market. This time join project is not good, leave it and replace your money into currency. Wait and see but never lost faith with crypto.
This is very good advice, and to keep sanity and sanctity of market alive we all need to believe and retain our faith.
Many many projects are dead and even more will die, soon the market is no longer going to function in this unregulated way as it has been, and when it's getting regulated there's not much room for as much garbage as there is today. It's like the IT bubble, how many useless companies were made during this time and disappeared shortly afterwards?
Be careful with your investments, invest in actual real world usage things (and don't invest in anything that promises high returns as a selling point, because that's not how any serious business handles themselves)
If you do want to invest and don't want to get stuck with another bitconnect, I wrote a thread here you might find useful or maybe you have some input
Be careful with your investments, invest in actual real world usage things (and don't invest in anything that promises high returns as a selling point, because that's not how any serious business handles themselves)
If you do want to invest and don't want to get stuck with another bitconnect, I wrote a thread here you might find useful or maybe you have some input
Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
Market condition is not good and perhaps they don't have enough preparation to launch ICO project. I still trust the project but I have rules and limit to keep my asset safe and get minimal risk when enter the market. This time join project is not good, leave it and replace your money into currency. Wait and see but never lost faith with crypto.
There are several possible explanations for that result. First of all, the market situation has changed rapidly from bull to bear one. Secondly, most of lending coins are the scam one because they have not brought true value to their investors (bitconect, bitedu, Regalcoin, etc...) and the MLM system was not only strictly prohibited by U.S regulator but many countries in the world also. Lastly, it's the law of natural discharges for both startup projects and investors.
Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
Jump to: