Topic: Most alts are worth Zero - page 15. (Read 30842 times)
If most people buy alts and bitcoin before last bull run and sell on bull run they can become rich if they bought enough before. And not all alts worth zero, i wish that coins not have real support to have price zero tommorow and only coins with real application survive.
The market has shown that cryptocurrency is not just to enrich yourself. Bitcoin as the parent of cryptocurrency can still survive while the new coins that appear to be used by people just to make a profit some time can finally be seen clearly by all of us with these coins kept being pushed aside from the crypto market.
If we look at the current situation, there are certainly a lot of altcoins that have a volume of 0. This we cannot deny because there are more altcoins every day. Of course if you can't compete the altcoin will die. The team or developer should think, how can their altcoins compete with others.
Many coins are trash, but there are also good coins. The market gradually gets rid of bad coins, the main thing that you would not invest in them.
Yes, they are worth zero or nothing because they have nothing to offer. Only projects offering unique solutions can last in this space.
Because a lot of projects were created with the aim of making money or cheating. Therefore, I generally do not perceive 90% of coins and invest only in 15-20 coins in this market and only those that are already settled.
not entirely determined by market volume, there are several factors that actually originate from the developer itself related to price and volume resilience.
I doubt that developers are only fixated on the phrase "the price of our coins is based on market and trend perspectives", as if they gave up their own coins and are just waiting for market reactions, on the other hand they get 30% of total ICO sales, they must wiser at least to stabilize prices. But most developers can't do it and eventually their coins become dust or zombies.
I doubt that developers are only fixated on the phrase "the price of our coins is based on market and trend perspectives", as if they gave up their own coins and are just waiting for market reactions, on the other hand they get 30% of total ICO sales, they must wiser at least to stabilize prices. But most developers can't do it and eventually their coins become dust or zombies.
this long bear market has cleaned up a lot of junk coins. it is a loop. If there are more and more air coins, the market will gradually become sluggish. when most air projects die, the market will gradually recover.
It's really true most alts have touched a very ATL low and this may have come as a result of many factors such as their Godfather BTC also fallen tremendously
Indeed at the moment the price of Altcoin is very low on the market, for various reasons, one of which is because the Bitcoin market is declining, so it has a big impact on the fall in prices of Altcoin. So the price is very far from ICO.
I think the development of the project really affects the price because even though the market is currently in a bearish trend but if the project is advanced then the price will not fall so deep, so also when the market is in a bullrun trend, if indeed the project dies then the price of the coin will not high
It is for this reason that most new ICOs lack people who want to invest in them. Many developers are accustomed to times of bullish growth and think that it is very easy to collect investments, but it turns out that this is not the case.
So it should be, the market does not need all these coins and projects that do not cost anything, and have no useful function except to confuse.
As time goes by, the weak circles will be broken. Those who can survive now, will return back when market recover. So, this situation is perfect for those who are unnecessary to destroy. The market has realized most of these coins are worth nothing and some promoters have no intention of developing the ecosystem
This is quite a disheartening thing. Imagine investing much of your money in a crypto project only to find out that it now worth nothing or even stopped trading due to abandonment.
I would look into altcoins that have had recent major deals and partnerships, you'll have a better idea if it's going to be successful. MOAC just had two big deals happen which comes to show I will be wathcing that one.
This is happening due to the poor market conditions. However, I does not make any sense at all to sell your coins at the moment. Just be more patient, because 2019 is going to be a great year for the whole industry and those tokens will be much more valuable in the future.
The market has realized most of these coins are worth nothing and some promoters have no intention of developing the ecosystem
Crypto fans are sobering up now
No time for crying, we should draw some conclusions and move forward. Another bull run will come soon, and we should be prepared.
Obviously, this is the truth, most projects have been abandoned by the developers, this is to show that their interest was just for profit making. Even in this bearish market, some good coins still have a high standard. So it is good to do thorough research before investing in any project.
Unfortunately that is true, most of the tokens are just copy pasted github codes from another one, that is why some of them are now 1/200 from their ath in 2017, people are getting wiser in cryptocurrency stuff and it would be good for the market.
This is very similar to the truth and I think that everything can turn into a big problem, as there are precedents that many altcoins really did not do anything on their roadmap. Investors understand this.
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