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 70. (Read 11984 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?
I think that very many projects work, as you said, purely for the sake of quick earnings. They do not have the idea to develop an idea and in the future to get a smaller income, but a permanent one ... Everybody wants everything at once, at once to break the jackpot ... I have not yet invested but I want to try, though for 2 months I have not found a decent a project that would have hooked me up with either my idea or a tact that I would have believed from the first minute of my acquaintance ... Especially now there are so many scammers, I do not want to lose my means, so I carefully choose and someday, I hope, that I will find.
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?
I don't think that a project dies like that. Most of the projects are in dormant state. The market is flat and we are not seeing any significant changes yet. Once, price of the bitcoin start to flourish, many dormant projects and their respective altcoins will soon be in the front line. The percentage increase in the value is more in an altcoin than the already established coins. So, to sum up I would say you should just believe in the project and wait for it to grow as cryptocurrency is still new and needs acceptance in the global market.
i think you can find all sort of ICO-s. A lot of them really just scams and they just want to collect a lot of money in a short time and go away with it, but there are some worthy ICO-s also.
The market is continuously falling and it's difficult to make a profit by investing in projects nowadays. Many small companies simply do not stand up to this tension and stop their development.
ye, i tihnk it's because there are a lot of scams nowadays. If you observe and make your research then you probably can avoid such "dead projects".
Once you ignore the fact that there are really many scams, you just have to be aware that also many start-up fail outside the crypto world.
I can say more - 99% of all projects are dead. At some successful moment, developers sell their tokens at a good price for them and begin to develop something new. In my world, this is an outspoken scam that should be punished. But on the other hand, no one promises you anything. Only you decide which coins to buy, you are fully responsible for your investments in the cryptocurrency market.
currently, there are many ico who are scam. we must be more careful. actually, there are still many legit ico that can be followed. but we must be smart to choose it, by checking first before joining it. Investment in ICO is one of the investments that are vulnerable to get the big losses. therefore, we must be smart to choose the good ico in order that the results are also satisfying.
It is undeniable that many projects fail or even die. I see this as a mushrooming phenomenon. I analyze this a lot because many people are ambitious to make crypto currency coins themselves. Finally because it is based on ambition and quick desire to make a profit, they are less thorough and detailed in planning. Then they took out the coin prematurely. This immature planning has a backward impact which is also not good so that failure is rampant. Therefore, for future ICO developers, they should plan their projects well so that the chances of success of the project are higher.
Yes, many projects do not develop. Developers of such projects either can not create their own product, or they were scammers from the very beginning.
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 thinks it's just coincidence that you have joined wrong projects. As you can see, there are still lots of projects that are reliable. The only matter is that on how to spot them in the first place and know that they are doing a good job for the success of their project.
The majority of projects I have been participating I would say that they aren't dead but close to it. unfortunately. They are frozen until good market mood comes back.
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?
Yup many of them are jsut looking for quick bucks. That is why we people need to do our very indept research about a certain project that is running its ico because a lot of companies are just here for the short term. When you can be able to determine which one is good and which one is bad. Then the future is yours.
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?
Well it's not that easy to spot bogus projects since scammers cam very well set up a good white paper as well. People being wary are perhaps one reason why many projects don't get funded, whether they're scams or not.
I also suffered losses due to a scam project not long ago, so because of that I have not dared to invest my tokens for the project anymore because the crypto market is down now.
look at the teams and developer who is and if it's worth to be followed then hold it for big results. But if that can't be guaranteed then better go and replace with another far has potential. many projects springing up did make competition tough enough and not being able to compete who will crumble or disappear by itself.
Of course YES alot of project i did are no where to be found ... they waste my beautiful time and strenght so they run away. Someyime they award token but no exchange
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