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Topic: Many projects are dead? - page 88. (Read 11973 times)

full member
Activity: 630
Merit: 103
August 06, 2018, 01:06:41 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?


Yes i trust my projects because i review well or study well before joining. Like you, I have been scammed before so i learned from that experience that i will ensure that the projects are not scam and their products are feasible to the market to attract more people to invest ensuring the success of my investments too.
member
Activity: 448
Merit: 10
August 06, 2018, 12:58:33 AM
I think if the project itself is a Scam then these coins may not have value. But if they are traded on the exchange. There is a possibility that their price will rise
newbie
Activity: 61
Merit: 0
August 06, 2018, 12:57:32 AM
Many projects are dead due to the market condition and also by the people working for , many of the companies administration and members not so active which makes the coin vanish from the market, the base of the coin leads to its durability of in the market.
full member
Activity: 347
Merit: 100
August 06, 2018, 12:50:19 AM
I think we should remove 90% of the cryptocurrency now. The market would be really better if we did that, we see too many unqualified coins. They are just fast food.
sr. member
Activity: 2254
Merit: 309
SOL.BIOKRIPT.COM
August 06, 2018, 12:49:58 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?


of course you have to realize that, sometimes we are fooled by ico who becomes a scam after entering the exchange. like Centra, this is part of the risk that we have to face before there is a body that can become a regulator about the law that regulates ico.
member
Activity: 938
Merit: 14
Earn more with Earn Network
August 06, 2018, 12:46:14 AM
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.
sr. member
Activity: 826
Merit: 252
August 06, 2018, 12:43:40 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?

If I decides to join a project of course I interesting but my strategy and asset have limit to follow, ignore it will become nightmare. Limit meaning stop loss and take profit area depend MACD ( long term period ) to read the trend. I just try to disciplines with my strategy and find better way to invest on the right project. Not always have good result but it will make me better investor.
full member
Activity: 518
Merit: 124
August 06, 2018, 12:42:14 AM
To be sincere, most projects are dead while some of the projects are still alive, they are only in their product development process and most newbies in the crypto world don't understand that. all they do is dump instead of holding.
full member
Activity: 392
Merit: 100
August 06, 2018, 12:31:15 AM
It is because many project are scam; I don't know why people fall for graphics whitepaper and project without not real live applicantion; how won't such a project die; just a pump and dump
member
Activity: 462
Merit: 10
August 06, 2018, 12:04:55 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?

It is sad that the project that used to appear potential and victorious, now there is no news, the developer left without being managed again. Many coins have no market and are worthless so there is no hope for the holders, Centra and Bitconect are indeed disappointed.
sr. member
Activity: 665
Merit: 250
August 05, 2018, 11:56:08 PM

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?
maybe all happened because of the weakening of the price of the coin that affects the investment may also be a factor of boredom that affects the price that does not go profitable and I think that is a risk in any investment with crypto currency
newbie
Activity: 196
Merit: 0
August 05, 2018, 11:43:21 PM
Short-term or long-term investment in a project depends on the viewer's perception. In addition, the information is continuously updated. You see that potential project but their development team declares that it will not work, so you will not keep a record of the project. This is a sure thing  Smiley Smiley
jr. member
Activity: 350
Merit: 3
August 05, 2018, 11:20:27 PM
For things like that, we never know what will happen next, whether all teams from the crypto industry will continue to maintain their commitment to developing the coins or not. So that of ourselves we also have to be able to anticipate it, if something bad happens. For example, actively monitoring, active in updating info about the coin. So that it can provide the first handling before our investment value has a significant depreciation.
member
Activity: 210
Merit: 10
August 05, 2018, 10:39:38 PM
Just for the short term profit, because I think most of these tokens will fail. Grin
So maybe in the short term you can still do the hype, so there's still a lot of people who are going to invest.
newbie
Activity: 44
Merit: 0
August 05, 2018, 10:27:38 PM
It relies upon the undertakings you pick. You can't settle on the main choice for all undertakings. In the event that the undertakings have possibilities, better believe it I will hold them until the point that they succeed, however there are not very many activities at the present time. So my wellbeing decision is putting resources into here and now. Whatever happens, our definitive objective is benefit.
newbie
Activity: 532
Merit: 0
August 05, 2018, 03:18:02 PM
You are right many project are deed... Some countries do not legalize crypto which is also affecting most of the project. But from my experience so far in crypto I think the main reason why some crypto are deed is due to the amount of token been sold in private sales some project raised half of their money or even more in private sales. That means private investors have the power to manipulate the market the way they like they can decides to pump and also dump since they bought it at a very cheaper price compare to the ICO price.
newbie
Activity: 170
Merit: 0
August 03, 2018, 05:02:21 PM
You are very correct about the fact that so many projects are dead and abandoned, in all fairness to them the bear market has not been favorable to so many projects, some are not prepared for the future they see too hence what we have on ground. Well, for me to invest on any project at this bear season, lots of research must be done before hand. I also do have some ICO like Ccrb I bought, the current price is jot encouraging, I left it in the wallet, holding for the bull season.
newbie
Activity: 53
Merit: 0
August 03, 2018, 04:58:22 PM
Yes, a lot of projects now it is very necessary to strictly choose the projects in which you invest, I have a couple of coins just went to the bottom and all
jr. member
Activity: 63
Merit: 1
August 03, 2018, 04:57:20 PM
Yes, many are dead. Scum projects, for quick enrichment of the founders of these projects, but they are easy to recognize by reading the white book, if there is, if not, do not invest at all.
member
Activity: 128
Merit: 10
https://saturn.black
July 30, 2018, 03:26:19 PM
Honestly i cant understand why so many investors gave their funds to deifferent ICOs so blindly. 95% of projects are fake and stupid from very first step. But they still did ICO.
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