Topic: Many projects are dead? - page 21. (Read 11984 times)
Many projects are dead or frozen because the price of Bitcoin has plummeted. On the other hand, the projects were managed by inexperienced team members who were not able to fully implement the projects.
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?
That's the situation of the industry that we are. The truth is that things like this we surely happen because it is in the nature of human to abuse a system especially a system that is not regulated. Investors just need to be more conscious of what they are putting their money into.
It is true that now many projects die, from here we have to be good at choosing a good project if it will invest in it, the team in the success of a project is also influential, learn from people who are more experienced about it
Last year a lot of developers, making much more than they hoped for during an extremely bullish ICO phase, just got demotivated and lost interest in their project; this gave ICO's an unnecessarily bad reputation, the extravagance of investors ended up making many legitimate entrepreneurs simply complacent and lazy...
I also think that at the moment the market is clearing from most projects. But perhaps this trend will lead to a positive result and an increase in the quality of cryptocurrency.
At the moment, it is very risky to invest in ICO, so I think that for now it is worth to wait and wait for one hundred percent options for ICO projects.
This is why is more ok for us to invest in those coin or token we have known for a while now than any coin all in the name of moon , I think is good many are getting out of the list and more are still going to be delisted so invest your fund wisely.
in a bear market, not only investors are experiencing bad times, but many projects too, some have completely lost everything, the situation has to change radically with the advent of the bull trend.
A lot of projects have collected a large amount of ETH on the ICO stage in January/February and did not go to fiat money. Therefore, they now have serious difficulties with the implementation of projects. But I think if they have a strong idea and the team is working, then in spite of the low price now, soon this projects will show the results
This is all a result of the fact that investors simply invested, not even studying crypto projects. Scamers have come to the crypto market, now they are disappearing with investors' money.
There are some projects that are actually a scam. They have collected enough funds and than just disappeared. They have listed their tokens on a third party exchanges with no trading volume and the price is now worth zero.
Most credit coins did not bring real value to their investors. First of all, the market situation quickly changed from the bull. The teams used the wrong strategy. The law of natural selection has not been canceled. Fraud. Investors are disappointed. But I think it is temporary. Need more good news.
Many projects are dead because there are many altcoins that couldn't survive the market volatility. Some went into great shitcoin that nothing price at all. That is why in order to join the good bounty must be done through enough research to find out the good campaign and the fake ones.
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 no one is investing in those projects
Yeah, most of projects are dead,but if you have vision and skill to select projects, then you can find hidden gems in this wild crypto world.
Just start and you will find something interesting
Just start and you will find something interesting
You can safely invest in the top 100, and the rest of the coins just to sell.
Top 100 is changing almost every week. how can you say that it is a safety? the word "safely" not safe for cryptocurrency.
if count how many new coin, tokens, chains, networks and so on appeared - everyone should understand that not every, but i think, maybe every tenth will survived. And only with good team, consistent development, aim and usefulness for market and society will have value
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?
Bitconnect is a Ponzi it will eventually expose and will become a dead project eventually, for a project to stay on it has something that the community wants and will address issues about cryptocurrency, bitconnect is just here for a short term and it is now gone and will never come back again.
there are many projects that have been picked up and are no longer operating on a less-than-expected basis if a project fails.
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