Topic: Many projects are dead? - page 60. (Read 11973 times)
Many believe that if the project doesn't make significant steps in the first months after the ICO, then this is a dead project. But it is necessary to review road map of the project. If everything is in accordance with the schedule, then this project has a chance.
Yes, even there are over the 1500 altcoins listed in the coinmarketcap, but I think only less than 50% project or altcoins is active, many scam coins or project only active in their ICO or just listed in the exchange, no more active after it.
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?
You have to understand that there are certain risk when putting an investment. You just probably had bad lucks maybe because you just happen to put investments on a bad or fake projects.
I really believe there are still many good projects that are scattered in the market. You just have to find them and maybe your luck could turn out great.
Sorry if I said something wrong, but now all projects are running dead and this is due to poor market conditions. The situation is very difficult for each project or management to predict what will happen. Although there are still a number of good projects out there, it is very difficult to find such projects.
Many of these projects lacks real use case and hence cannot exist for long. Some others cannot fit into the competition and therefore fades away. Personally, I have invested in some few but I do trust these projects and hope they succeed
My personal opinion is that of all the coins that are represented on the market will be successful only 20-30%.
Nowadays There is not a good situation on the market and many of projects do not want to take the coins into market.
There are lots of projects or coins are dead they might gain some traction on early phase but as the time goes by they do die.
Regularly I meet similar complaints on many projects here on the forum and on other resources. Some projects failed and ceased to exist just a few days after their launch. Therefore, I always pay close attention to the choice of projects, I conduct a thorough study of prospects.
I think it is reckless to invest in little-known projects, when there are many time-tested cryptocurrencies. I choose coins that have been on the market for a long time and are in the top cryptocurrency by capitalization. I believe that such a strategy will bring me success. HOLD!
I am a fun of long term holding but these are some of the disadvantages. The coins without any strong team and project tend to disappear from the market within a short period of time.
Not only many, but many. There are very greedy people who think that cryptocurrency is a free cheese. They're trying to put him in a trap.
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?
Even though nowadays there are many ico who have experienced my own failure to try to keep investing in a project that has a relatively short duration of work so I am optimistic that in the next few months there will be many ico who start showing their best quality and giving me a maximum income.
A crypto project that is considered "dead" will have the following indications, "related to fraudulent behavior, abandoned by investors, inaccessible official site, activities Social networking is not up to date, the transaction volume is low or developers leave the project. There are many scams involving ICOs, investors must be very careful when considering investment.
Many projects die before reaching the CMC, others after the first pump prices leave the market or trade with very small volumes. Many developers think only about profits and completely forget about the development of the project.
I think also so very many projects die. It is an error to the team as the team could not bring this project to a success. Competition in this industry is intense and if the project does not have a strong team, of course, will lose investors.
At such very low market seasons, it will take a very strong team, trusted community and a large market base to keep a project afloat, most backyard projects won't survive, people only invest on them for quick profit and they are mostly sustainable during a bull market, as the market downtrend season starts, they lose huge and often times hardly survives
This is nothing strange. These so-called blockchain projects are mostly for the sake of money. If the money is earned, they will leave. Like the white paper, there are clearly marked prices, small investments, and large returns.
Now the market is going through a period of purification. Many projects do die. But this is very good since the most strong and promising projects remain.
Yes I really do agree on this one the coins that has a strong fundamentals and their projects has a real use in the world are the ones who only stays in crypto world and other than that will be dead for sure it is good also because a lot of scam will be go away. Jump to: