Topic: Many projects are dead? - page 69. (Read 11984 times)
As many projects are dying, other good quality project are rising and this is just the fact if life, this is how it is in cryptocurrency for now. As an investors, how focus should be on identifying good project and taking decision early!
Yes, many die because of not having a solid team of developers. This is a project team that will continue to develop the token. If the team can not develop naturally coins will die. But it's still very much a coin that can still survive. And the new coins at this time also have great potential in the market of crypto.
Of course a lot of ICO are dead, this doesn't just happens and the cause is the first of a team of developers who are not serious about developing their project and just merely looking for profits. And two of the investors and the bounty hunter who sell tokens with very cheap. And since there is no cooperation between the team of developers and investors so an ICO could not succeed.
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?
This is the inevitable rule of the market. Poor projects will be gradually eliminated and replaced by good projects and bring real benefits to society. What you need to do is to thoroughly study the project before investing because if the investment in the project is not good you will lose money. Conversely, if you find a good project to invest you will make a lot of profit.
With the experience that you passed on it was so negative since it had numerous ventures that were trick contrasted with those that were not trick in examination scores. on the off chance that a trick venture is hard to look at in light of the fact that as a rule the undertaking is finished before the predefined time and we will lose cash and time, just a couple of proposals for maintaining a strategic distance from various tasks by examining first and seeing from a persuading engineer who does not give a sweet guarantee.
Yes, many crypto-currencies have long been considered dead, since operations with them are practically not carried out and day trading on exchanges has almost zero turnover.
You don't have to purchase some tokens and take your eyes off them. You have to follow up on what the team is doing and check your tokens on what exchanges you are on almost every day. This should tell you if you will hold your tokens for a long-term or not.
Cryptocurrency is something completely new for the world and the financial world, including, therefore it is not surprising that in this industry there will be a lot of ups and downs. This means that very many projects and coins will disappear, but in their place will come those that are the most viable.
I can give you an example of the several projects I have invested in - Hellbiz and Shivom. There were very high hopes. But as it turned out all in vain. Yes, coins still lie in my purse, but I can already say I've accepted the loss of my investments, because the price of these coins has flown almost to the very bottom. And such projects, unfortunately, you can bring a lot of
To date, 90% of new projects are dead. They are created only for one purpose - to collect your money and leave
Yes. A lot of even well-known cryptocurrencies will not get any development, which means they will die. And already dead full of the. The reasons are different: from fraud to the banal human factor.
This is the essential rule of the market. When these alcoins fail to meet the requirements of the users, they are born not to offer many practical benefits. Surely people won't care, their values will decrease and be discharged from the market
I judge this failure because the project has plans that are still very premature to enter the community. Besides this project lacks an intelligent strategy, especially marketing and promotion strategies. Good project planning should be supported by good marketing so that the project can get many investors. 
With the experience that you conveyed it was so detrimental because it had many projects that were scam compared to those that were not scam in comparison scores. if a scam project is difficult to compare because usually the project is completed before the specified time and we will lose money and time, only a few suggestions for avoiding different projects by analyzing first and seeing from a convincing developer who does not give a sweet promise.
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 also lost a lot of money on Centra coin. I actually thought the coin is a long term coin and I decided to even keep it till I get huge gain from it. But unfortunately, there was a scam acquisition by SEC and Centra became history. Since then, I have decided to take profit as soon as possible.
Yes, it may happen because during this long term dump which has really affected most project especially those whose token are even small, and some project just became soon reduced to useless value during the dump. That even while breathing people had to regard them as dead, because they have so become worthless.
In my opinion, Yes , because there are many projects that are simply abandoned, and their product is no longer interesting to people ! And the situation in the market in this case is unlikely to change, and many investors will remain sitting with a completely clogged portfolio of useless coins!
A lot of them fail to deliver a polished project and fail to achieve their initial goals, so they tend to just drop the project when they see that there is too many competition in the market.
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?
They seem to be, a lot of people in crypto seem to just be in it for the quick cash from ICOs etc. Still some good projects though.
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