in most cases new projects that offer large bonuses between 40% - 50% are one of their market strategies to attract market investment. my advice you should be wise and reconsider before investing in a new project like that.
related to products and exchanges it all depends on the marketing of the project team, if the project wants to be successful then the team is more focused on product development and not putting their tokens in shady exchanges.
Topic: Mistakes developers keeps making - page 2. (Read 943 times)
the biggest dev mistake is they wanna take money from investors then they dissapear, that's all
they make huge discount to attract many investors to get money. lack of product because they dont make it serious. bad exchange to reduce their spending
those are the most projects we can see right now, most of them is a sh*t
many and often it is found in the current project maybe in my opinion the reason I know that investment with crypto currency can be done by anyone and anywhere and the absence of institutions that regulate by force of law and of course it makes people who are not responsible for using that opportunity and finally many investors are harmed by the fraud project they make huge discount to attract many investors to get money. lack of product because they dont make it serious. bad exchange to reduce their spending
those are the most projects we can see right now, most of them is a sh*t
The biggest mistakes developers make that leads to bad ending for many projects are
1. Huge Discounts
Many new projects are still making this mistake over and over again, huge discounts like 50% is insane and it always bother me how the hell the early buyers won't end up dumping since they have already see big profits.
2. Lack Of Solid Products and Ideas
Lack of working products and real use cases is why many investors are not taking new projects very seriously, no one would want to hold such tokens or coins for long, developers need to start working on how their project's token or coin will be very demanding throughout the globe
3. Bad Exchanges
Imagine new projects that make over millions of dollars in ico or ieo and end up listing on bad exchanges with no enough volume, what do they expect to happen?
This types of mistakes are usually a result of lack of strategy in handling or managing projects. Most people are already jumping into the business without really studying the nature of it, not bothering to know what could be the possible failures that the project could possibly end up making them caught off guard once bad luck hits them. It's important to identify what are the threats waiting for the business so you could already come up with a counter plan to avoid it. 1. Huge Discounts
Many new projects are still making this mistake over and over again, huge discounts like 50% is insane and it always bother me how the hell the early buyers won't end up dumping since they have already see big profits.
2. Lack Of Solid Products and Ideas
Lack of working products and real use cases is why many investors are not taking new projects very seriously, no one would want to hold such tokens or coins for long, developers need to start working on how their project's token or coin will be very demanding throughout the globe
3. Bad Exchanges
Imagine new projects that make over millions of dollars in ico or ieo and end up listing on bad exchanges with no enough volume, what do they expect to happen?
Unfortunately it is. These errors are quite common. Because many developers are not serious about the project. Mostly so do scammers.
Early developers are still the ones that have goal for their work and they have passion for it also which is why we are still enjoying some of their works till date, I know some people would ask me what the enjoyment there is.We have been using some of these projects to make payment and also for some various reason, and everything about these coins should not all bee what profit it can make, and this is one of the mistakes that the developers do make by not actually making their product know to the world for its technology, but for the profit that is going to come out of it which make sit subject to only people that wants to hold it for asset and not those that want to get the project coin for spending purpose. I usually do stay away from projects that are advertising their coin for investment.
the biggest dev mistake is they wanna take money from investors then they dissapear, that's all
they make huge discount to attract many investors to get money. lack of product because they dont make it serious. bad exchange to reduce their spending
those are the most projects we can see right now, most of them is a sh*t
they make huge discount to attract many investors to get money. lack of product because they dont make it serious. bad exchange to reduce their spending
those are the most projects we can see right now, most of them is a sh*t
legendary
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Very true, but they are only part of the errors. Because we must add bad management, lack of clarity in communication, disorganization, failure to meet commitments, and so on.
I think that most projects have not failed because of dishonesty, but due to incapacity.
I am very confident that the developer is aware of this, because of this, a good project and professionals team will definitely avoid these things, and try to cover up their shortcomings. because of this, as investors and bounty hunters, we should be aware of whether a project really wants to run their project seriously or not.I think that most projects have not failed because of dishonesty, but due to incapacity.
I think things like bonuses that are too excessive, a bad market, and uncertain products, are projects that only want to get a lot of investment funds. many projects like this, even after the list on the market, they never make any progress, and leave the group.
Unfortunately it is. These errors are quite common. Because many developers are not serious about the project. Mostly so do scammers.
The biggest mistakes developers make that leads to bad ending for many projects are
snip-----------------------------
3. Bad Exchanges
Imagine new projects that make over millions of dollars in ico or ieo and end up listing on bad exchanges with no enough volume, what do they expect to happen?
This is the most fatal mistake. I wonder what the goal is by choosing a shit exchange, maybe they want a free one? even though it could become a boomerang and make the project critical. Although spending more money, but able to attract the interest of investors and new buyers will actually be more profitable, right? snip-----------------------------
3. Bad Exchanges
Imagine new projects that make over millions of dollars in ico or ieo and end up listing on bad exchanges with no enough volume, what do they expect to happen?
Because many projects have an insufficiently experienced team that is poorly versed in marketing. Or they simply do not care about their project and they make such mistakes intentionally. In order to attract as much finance.
All your arguments are very true and the most correct is number 3. Many develepors who make that mistake, they are not aware of the fact that being listed on exchange that does not have volume will make investors panic and no longer trust. So investors began dumping.
Very true, but they are only part of the errors. Because we must add bad management, lack of clarity in communication, disorganization, failure to meet commitments, and so on.
I think that most projects have not failed because of dishonesty, but due to incapacity.
I think that most projects have not failed because of dishonesty, but due to incapacity.
The biggest mistakes developers make that leads to bad ending for many projects are
1. Huge Discounts
Many new projects are still making this mistake over and over again, huge discounts like 50% is insane and it always bother me how the hell the early buyers won't end up dumping since they have already see big profits.
2. Lack Of Solid Products and Ideas
Lack of working products and real use cases is why many investors are not taking new projects very seriously, no one would want to hold such tokens or coins for long, developers need to start working on how their project's token or coin will be very demanding throughout the globe
3. Bad Exchanges
Imagine new projects that make over millions of dollars in ico or ieo and end up listing on bad exchanges with no enough volume, what do they expect to happen?
When the developers keep making the same mistakes again and again then it is fair to ask ourselves if those are mistakes at all or if they know very well what they are doing, I say this because as we know if you give huge bonuses then those that bought their coins early do not really have a reason to hold their coins and they will sell them dumping the price, however developers are not thinking about the long term well being of their projects, they just want to obtain money now and if that means giving those bonuses then they will do it.1. Huge Discounts
Many new projects are still making this mistake over and over again, huge discounts like 50% is insane and it always bother me how the hell the early buyers won't end up dumping since they have already see big profits.
2. Lack Of Solid Products and Ideas
Lack of working products and real use cases is why many investors are not taking new projects very seriously, no one would want to hold such tokens or coins for long, developers need to start working on how their project's token or coin will be very demanding throughout the globe
3. Bad Exchanges
Imagine new projects that make over millions of dollars in ico or ieo and end up listing on bad exchanges with no enough volume, what do they expect to happen?
Which is why if I see any of those 3 things happening in a project I immediately lose any interest I may have in investing in that coin.
I think the biggest problem that most project have are the team members themselves, you will see them working so hard before their tokensale because they were still searching for funds but once they get those funds, they would just lose interest fast and that's when they start making the stupid mistakes because it seems what they want is just to kill the project so that investors would lose interest and move on, what I am trying to say is that the only thing that needs to change is the mindset of project teams, if they have sufficient love for their project, they wouldn't do anything to jeopardize it's success even if it's excess bonus to investors
With regards of listing in bad exchange, I thing most of the project owners knows that listing on a well-known exchange will not help the price grow because there is no demand for the token yet and the price for listing is too much for them, which is why they ended up on unkown or what you say is bad exchange because they want the funds collected to focus in development and marketing the project instead of listing on big exchanges.
Thats true but with regards to the exchange most of them are good exchanges but the market for some of thos tokens are not made available to users in some of those origins and this limits the volume of most of this trades
Not know in as you, and me seems that TON is famously fits in this list of, at least in the first two points. If I'm not mistaken, by January 1, 2019, Telegram spent 218 million dollars on the development of its own blockchain. This is a fantastic amount, and the platform is still not launched.
if you will think that they raised $ 1.7 billion for their project then you will understand that the amount which they spent is very small.full member
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Not all developers are making these mistakes, many developers willingly list on low exchange because they don't have the aim of better outcome for investors, they want money for themselves, listing on better exchanges is costly and they did have the fund, they know what they are doing, its a fact
many exchanges simply do not accept these projects for listing. large exchanges are important not only money but also the quality of the project. therefore, the reason may not only be in the money
Not all developers are making these mistakes, many developers willingly list on low exchange because they don't have the aim of better outcome for investors, they want money for themselves, listing on better exchanges is costly and they did have the fund, they know what they are doing, its a fact
many exchanges simply do not accept these projects for listing. large exchanges are important not only money but also the quality of the project. therefore, the reason may not only be in the money Not all developers are making these mistakes, many developers willingly list on low exchange because they don't have the aim of better outcome for investors, they want money for themselves, listing on better exchanges is costly and they did have the fund, they know what they are doing, its a fact
That's why we must call the all as scam projects. They are not willing to list the token in a better exchange site but remember it can't be applied to the all of the shitty icos, some developers are also not creating any product which can be used as a proof to the exchange site if they are seriously developing the product. Not all people are competences to create ico.
Developers coming of late like repetition of already existing ideas on the crypto space. There is no uniqueness in such projects because the project offer the same product which delivers the same solution as an already existing project on the market is doing. There is no creativity and innovation and this normally leads such projects hanging.
And probably, the project is just there to scam investors. Those developers who keeps repeating existing ideas are only taking advantage of the situations, knowing that investors are lazy enough to listen with promises that too good to be true. The concept and the usable offers is very needed when creating a project. If the team have new ideas and it is executable then expect that it will
receive attentions coming from idealistic investors and supporters.
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