Many projects are dead? - page 73. | Bitcointalksearch.org

thinkpad99

sr. member

Activity: 654

Merit: 250

Quote from: daoquanghuan on July 02, 2018, 12:12:04 AM

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?

Many projects will be dead because currently situation on market is very dangerous, prices are very low and whole market is unstable. Only the strongest coins and projects will survive

hyunee

full member

Activity: 476

Merit: 100

The bounty campaigns as of now are poor of rate. I mean there are lots of bounty campaigns that rise up and eventually a scam. This is not a good reputation for cryptocurrency. When you look at their site you will see that it is worth it. The price stake and bounty is high. But at the end of it, you will get scammed.

Freddy63

member

Activity: 434

Merit: 10

SESSIA

Exactly! Majority of projects are simply dead and only a few of old project will survive.
I have some merculet tokens, they were trendy,sold out in 8 minutes, but price decreased 10 times and now there is no volume

Traderbtcc

full member

Activity: 1190

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★Bitvest.io★ Play Plinko or Invest!

Quote from: daoquanghuan on July 02, 2018, 12:12:04 AM

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 had always knew that not all coins will make it in this space. A project seems really interesting in ico stage but afterwards, people just sell off and move on to the next shiny coin/token. That has been the circle. Some of these Cryptocurrencies don't even make it to exchanges. While soome that do get on exchanges often lacks volume which is another major downside.

Sri Asih

jr. member

Activity: 280

Merit: 1

A few years ago, no one would have thought that this market would cost a lot of money and cause huge losses, and some cryptocurrency died until someone they did not turn on and would not find the right application again. This is a very terrible story, because it deals with your money.

oriontab

jr. member

Activity: 336

Merit: 3

The number of tokens and coins on the coinmarketcap is increasing despite the fact that some projects are dying. we currently have 1890

benjamin11

member

Activity: 406

Merit: 10

Yes I think thats true. Many projects are quiet good at first and then suddenly after some time they decided to stop the project and declared it as a failure. Maybe the market condition right now really affects the projects. The market right now is very down so the developer of the project find it hard to raise funds during their sales.

coinbirds

full member

Activity: 588

Merit: 104

When investing in ICO i am taking the profit when achieving the profit target but always leaving a part of the tokens for long term holding.
Being very selective as there are many projects and only the strong ones with good ideas and experience teams can survive.

FontSeli

hero member

Activity: 1232

Merit: 858

there are statistics that more than 60% of projects die within the first year.

Aryleeto

jr. member

Activity: 406

Merit: 1

Well, from 1590 projects I think half dead , Yes I can even say more than half , it is a pity that worthy projects that change the world very little!

pedpedped

newbie

Activity: 112

Merit: 0

There have been a lot of complains about a lot of project which had failed now a days. Just because so many project management is bad to handle it and some has no important reason to exist. There have been different projects now which can be so hard to know the right once, only if we can just make good research most especially knowing the purpose and reasons for existence. More so, so as not to loose all you have, don't only invest all you have in one project. this can help a lot regardless of your investigation on any project.

gasanali

jr. member

Activity: 196

Merit: 1

I prefer to sell my tokens even if they haven't made a profit in the short term. Now the market is in a difficult position, so it is not profitable to hold tokens.

weborsha

member

Activity: 560

Merit: 11

As for me, long- or short- term is not the major parameter in investment. If I see I had a good profit in a shorter time period, I’d sell the coin for sure. Later on, when it got cheaper, I’d buy back and place sell orders at a higher price.

Hasbro27

full member

Activity: 378

Merit: 100

to start investing, we should do research first, to avoid fraudulent projects, if you choose the wrong investment, your money will be lost, maybe you need regulation to protect investors from fraud that is currently happening in crypto currency projects

richjohn

sr. member

Activity: 574

Merit: 255

Bear market isn't good for ICO and most of them fail to raise any decent amount. I have noticed this trend last year as well. During the bearish months, ICO failed to cross even the softcap and any new ICO token listing during such months didn't yielded good results either. But during bull season, most of the ICO were successful and coins pumped hard after listing.

Arsaen

newbie

Activity: 110

Merit: 0

Obviously, every project in the market must be well prepared to deal with the market when the situation deteriorates. All must be thought out and coordinated by the development team, so that under no circumstances will the project be resilient and remain in an uncertain situation.

ljp7839008

sr. member

Activity: 490

Merit: 250

Yes, today a lot of Scam projects! But there are also good projects, but they do not collect hard cap because the market is weak. Thus, investors are hesitant to invest their funds. Perhaps if the bitcoin rate rises at least to 10K dollars, many investors will invest in ICO. Then many projects will be successful!

matchi2011

sr. member

Activity: 1456

Merit: 267

Buy $BGL before it's too late!

Quote from: Phil419She on August 27, 2018, 07:34:50 AM

I think there are really projects that the developers themselves believed in it and invested not only their money but also time and effort. That is why there are still some coins in the market that even if the price is not improving, they are still present.

I agree, there's also some good dev ho still pushing their project even they are not gaining much attentions but they wanted to improved and
they are patiently waiting for the market to become healthy again, those dev's which really taking time to continue and make more progress to
thier project will surely attract supporters that will do the same, even there's a lots of coins which never been designed to proceed and become
usable we can still find some that have value in the future.

dawai asmara

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Quote from: Bet9ja111 on August 27, 2018, 07:41:32 AM

Well I do not share this your opinion that many prayer dead well you might have involved your self quite often in not good project but there are so many nice project in the cryptocurrency world

Of the many projects that failed, I think more than 50% of projects failed so we had to be more careful in choosing projects. there are many things we need to pay attention to in choosing a project. What is certain is not to despair even though the project you are following fails because I am sure that every effort will produce results. Just make your failure as an experience so it will be better in the future.

Freezingel

sr. member

Activity: 574

Merit: 251

Most of the project indeed only looking for a short term success with excessive marketing and created too much hype so that they can stay relevant for a while, it's not easy to survive in crypto so it's definitely better to look for a project that deliver their promise and platform rather than the one with only exchange.

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