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?
Topic: Many projects are dead? - page 46. (Read 11973 times)
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?
Actually nowadays more than 60% of projects from the whole amount of the coinmarket are dead exactly, and all the blame to the creations that were forgotten and are not being developed.
Statistically yes, but I do not believe statistics.
I personally own about 100 altcoins and I am chekcing their progress and 99% of them seems to be alive!
Are you really sure of your prediction? of course not all projects will survive and surely there will be dead because the team is not strong and lacks support. a project that will survive is certainly a project that has a strong team, high-thinking ideas, promises and many interested ones. I personally own about 100 altcoins and I am chekcing their progress and 99% of them seems to be alive!
We see that the demand for many projects has subside. This is due to a decrease in quality. Now you can turn your attention to crypto-currency coins. But after a while, after restoration. You can safely return and continue to invest.
for myself, I have a principle. for long-term investment, I choose the best coin, the volume is quite large, the market is everywhere. and the top 20 at CMC, for short-term investments I prefer coins that cost under 1 $, with those coins I think it's enough to make a big profit when compared to expensive coins.
whenever the bear dominate the market its difficult even for good project to raise fund for themselves. there are many reason. first the companies does not have the legitimate product to offer to the market. second they dont be able to raise the fund for initial level startup and forcily have to close the project. third they dont have enough capital even for sustain during initial period
Especially Now when the market is below, many projects have gone to the bottom, and the silence, it is difficult to say they are extinct or calm before the storm, I hope that when the market goes up, all projects will revive and throw off the dust and revive, and everyone will start to release news, and the whole market will boil,
I have almost same opinion. In this market is better to stay away and do not do anything! Lets wait and we will see which projects will be succesful and which one will die. 
Especially Now when the market is below, many projects have gone to the bottom, and the silence, it is difficult to say they are extinct or calm before the storm, I hope that when the market goes up, all projects will revive and throw off the dust and revive, and everyone will start to release news, and the whole market will boil,
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?
I think that you need to carefully approach the choice of the project. Now you can find a lot of information. Watch the development. If there is no news, then this is a red flag. Over time, I realized that not many projects are needed by the world community. I pay close attention to projects that successfully develop blokchain technology.
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 project is no longer reliable or just fraud it is better to leave and find a new one that is convincing, even though many projects die but I am sure there are certainly as many as many of those projects that are still alive
Statistically yes, but I do not believe statistics.
I personally own about 100 altcoins and I am chekcing their progress and 99% of them seems to be alive!
Overall, there are so many dead projects, but if we count their large numbers, that means there are many projects running. and I personally also hold a lot of coins and more than 50% of the coins that I hold move forward even though they are not significant. I personally own about 100 altcoins and I am chekcing their progress and 99% of them seems to be alive!
Bitconnect everyone knew that this is a financial pyramid and that it will sooner or later collapse.I will agree that the market is not regulated and there are many scams.But before you invest your money, study this project.Or buy coins on the top exchanges
It depend the projects, you must be smart to choose the project before you invest.
Do your own research
ico is high risk way to gain more profit,but if you have more experience ico can make you rich
i got 3-50x profit when i join some project.
Read whitepapers,ROADMAP,website,TEAM (make sure the team is not fake).
Do your own research
ico is high risk way to gain more profit,but if you have more experience ico can make you rich
i got 3-50x profit when i join some project.
Read whitepapers,ROADMAP,website,TEAM (make sure the team is not fake).
After the bloody correction, only the strong will remain, all the weak will eventually come out of the market. This will be a lesson for many investors
Statistically yes, but I do not believe statistics.
I personally own about 100 altcoins and I am chekcing their progress and 99% of them seems to be alive!
I personally own about 100 altcoins and I am chekcing their progress and 99% of them seems to be alive!
That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors. So its normal in any industries
Yeah there are so many dead projects now, it is because many developers didnt continue their work or they just ran away after they get the amount raised. Or the project is not realistic and irrelevant to the world of crypto.
unfortunately, but I completely agree with this opinion. Even if the project has a good idea, it does not mean that the project will really develop.
There is no way each and every project that comes to the market will survive, some have to die for other new ones to replace them. Those with inexperienced team and repetition of old ideas are the ones that usually die.
It is a pity that many projects have closed. I think this is due to the lack of support from investors and the lack of certain skills. Even with a good plan, you can always forget to take into account some important points.
Many projects could not stand that huge drain. And most of them are already beginning to remove from major exchanges. You need to be very careful when choosing a coin in which you invest and it definitely should not be 1 coin but at least 5 coins or 10. I have about 50 of them already
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