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 96. (Read 11973 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?
A long time ago, I gave up my investment in the ICO project. Now I prefer to be a trader and bounty hunter. Although the profits obtained through this have not been invested in ICO, I think it is safer!
Many project starting to die because they are scam project, and many will born on the market. We are forum members and cyrptocurrency investors and we are see the the new projects. There are a lot of ICO and they will burn and will grow up on this market.
I think 90% of this projects are dead, and everyday new appears and old dying, because with erc20 its too easy to create project, you dont need community,programmers, too easy to create new project.
The market is very unstable right now. This is the reason of the projects disappearing these days. Many projects are scam and some are dying these days due to lack of potentiality.
Because they lack team management and most of the project are scam no vision
This is why it is essential to do your homework, read the white paper, investigate the background of the team 8not only on the project web site), but Google these people individually and see if they are competent or not. We can do a lot to avoid scams. Any investment comes with a risk, but there are many things we can do to lower it.
Because they lack team management and most of the project are scam no vision
Most ICO projects are now scam. I only invested in good projects and topped the list like ETH, XRP ...
Even if the majority of the projects will die, this does not mean there could not be another successful project. There are avout 1600 cryptos on the market: some of them are a deliberate scam, some have a real idea, but they are just trying out if it will work or not. But there are only a few with a brilliant idea, which adds value to already existing currencies, have good execution and a professional team, who knows what they are doing. Keep looking for diamonds, but do not give up if all you find at first is dirt.
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, and more project will continue to fail this year. There are many factors to consider why project fails like having a poor dev team to maintain its platform in order to deliver good products and services to their clients, some projects tend to scam people if they already gathered enough funds in some investors. We should be careful on what projects will be choosing and always check their whitepaper before getting into it.
NXT dead?
plz someone tell me about NXT, i have been following it for months, on Reddit, Twitter, but i don't see a significant increase in their subscriptions. I think the people don't care about it.
I bought it for 8000sts, and now it at 1500sts. Reason of unique i holding them because i hope them will up someday as they did in December last year.
What should i do now?
plz someone tell me about NXT, i have been following it for months, on Reddit, Twitter, but i don't see a significant increase in their subscriptions. I think the people don't care about it.
I bought it for 8000sts, and now it at 1500sts. Reason of unique i holding them because i hope them will up someday as they did in December last year.
What should i do now?
In my opinion, many projects becomes dead or dont succeed because they do not have funds or investors that can support there projects.
Unfortunately there are very few projects which you can really trust, and especially to invest a good amount of all scared constant fraud. For example, the Elloncity project is one of the few that can be trusted. But such projects are very few
It's a vicious circle, but you can't stop it. All you can do is to take a careful choice of airdrop instead of spending time on a lot of unreliable projects that will let you relax rather than blindly follow the rhythm of others.
An outdated project is not feasible to maintain, so an experienced investor should be able to read potential projects or not. So it needs clever graphics and market conditions. So that when the project is less potentially can be detected early and this is able to reduce losses.
I want to say, if to choose legit ICO we should be able to understand ICO, so we can choose which ICO is good or not. Legit ICO will produce expensive coins in the market. while bad ICO will produce coins at cheap prices in the market. so we have to hold our old coins to wait for the market price to go back up.
Good
according to this, if Sometimes the new project is better than the old project. This happens because the new project collects more money and they have a good team to run their whitepapers. I alone if in investing the only altcoin that has a good future, for me to invest, like ETH, BCH, etc.
projects are launched daily in the crypto market. there are projects with great potential which fails to survive in the market. This may be because the project failed to attract adequate investors. The reason behind this could be poor marketing or failure to reach the investors. Another reason is when a project isnt following its roadmap, it tends to fail. Because of this, project dies.
I heard the bad news, where some projects fail even now many projects are also delaying and extending their ico sales. we can not blame the project, this is the choice of the market, who comes with a good concept and believe that will be successful. hopefully it is the projects that we follow.
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