Topic: Most alts are worth Zero - page 43. (Read 30810 times)

it's best to make your own list of coins for which the project is scam so that later it is easy to choose coins that have a high value. and even worse, a lot of coins that have been obtained from scam projects that are left behind after the completion of the payment and there is no market at all, surely the coin has no value at all because it does not exist in any market and inside wallet only becomes trash.

The competition in the market is really huge, as they say, the strongest survive. People began to be more careful in choosing projects, so many projects are dying

I agree with you, most (99%) of the alts are worth zero dollars. This is because they have no working product (yet) and therefore represent no value at all. Their prices are purely based upon hype, speculation and the size of the community behind the coin. A lot of those coins will indeed go to a value of 0. Only the coins that will actually deliver their product and with that demand for their token will not die.

many go to ico without having a beta version of the product, how to believe such projects if there is nothing to check with them

So many new tokens are just junk. But there are great ones too that have potential for huge gains, because the upside potential in good new ones is much greater than in the established ones. Upside multiples can be a totally different game. You just need to do your research carefully and don't trust ICO listing sites etc. because ratings can be bought. Careful research is very important to avoid scams and other low quality projects - don't trust anyone but your own research!

I have been recently following Stellar that is generally on the rise and the tokens issued on the Stellar platform - now there is a bump like in any cryptocurrency over the past few days, but generally Stellar is on the rise because of the prospective Coinbase listing and other advances. This will also boost tokens issued on the Stellar platform...

My most recent find among alts is AXU, "Argentas Exchange Unit" token issued on the Stellar platform and listed and verified on the Stellarport decentralized exchange, now only at its pre-distribution, or pre-ICO phase. A true hidden diamond, with low profile so far. Experienced people clearly, and cool tech for decentralizing and revolutionizing global banking - their website at argentas.io.

The pre-ICO price is 50% cheaper than the ICO price, a sure winner IMO, and I will certainly get some. They also have an ANN thread, I think here https://bitcointalksearch.org/topic/xxx-4431900. I dug really deep in their content, and it is really cool stuff But don’t forget your own research!

Honestly I think am the only one that noticed this, but am happy to find a post like this, especially most altcoins that do airdrops their airdrops worth below 3 dollars.after deducting exchange fee you are left with nothing.

In the same list, you can add coins to the scam projects. In my wallet there are a few dozen coins that even have either zero or minimal value and are traded at best on little-known exchanges.

Unfortunately the coin's price is not formed in this way, and there are projects whose coins are greatly overvalued. This negatively affects the market.

bitcoin is not alts, this is a coin master, because almost all alts can be paired with btc. if anyone says that most of the alts are worthless,
then I strongly disagree, the price is currently very bad, but in the near future everything will improve.

This is the statement that clears everything. Not all are worthless, there are some alts that still functions just like bitcoin. With other coins, investors needed to think wisely before investing because scams are everywhere. People need to be smart in every steps they about to make. Witgh crypto, the patience is needed in order to succeed.

Even if it is so, there's nothing wrong with that. Think of it like of paintings. Just imagine how many paintings are in the world, and over 99% of them worth nothing. Yet, some of them worth millions, and that's a fact. And like with paintings, when they try to sell you fake masterpieces or genuine but at the same time worthless items, they try to sell worthless altcoins. You have to be an expert to not screw up, and although it takes a lot of learning, it's possible to succeed in this business.

It is not surprise for me. Most of alts was created to speculate on cryptomarket, no interesting project, no prof. team behind them. Some coins just so similar i have no idea what difference in all of them.

Why not, I do not really understand your meaning, but the altcoin is money, they are always valuable coins.

It is true, majority of alts aren't worth to invest in for a long term. Even in hype ICOs like Dxchain people want to flip and in most cases sell tokens immediately, even during ICO! ( token was listed unofficialy on bilaxy and there were opportunities to fix 30% profit, as tokens were not locked)

I agree with you, a lot many of the altcoins are pure copycats, with nothing new in them

Yep, most of coins doesn't really have intrinsic value. Some ICO just made a hype for a promise of working product but there's no product. They just want your money. Like most expert says only coins or tokens 1-5% will survive in the long run. Those that has real use in the world and those that captures value. Look what happened at dot com bubble only few of them survived and now they are the biggest technology companies today. Same fate will happened to blockchain based coin or tokens.

If the coin is made for pleasure, of course, there is no charge, because any currency, digital or fiat, must be given something. There are good coins that are created to be used as payments and become part of the project ecosystem. Such coins will always be in demand and traded well on the exchange. Coins made only to attract money or only for mining will not be valuable.

I agree with you. to manage our income in investing in altcoin, we are indeed required to research and analyze every coin in the market to minimize risk. let alone a lot of coins that are not valuable. therefore before we invest in Altcoin we first analyze coins in detail.

I would say 90% of the COINS are worthless, and only the strongest items will survive this correction.

I believe that only practical projects will survive in the next few years.

correct. I also saw lots of coins that were not worth anything at all. maybe one of the contributing factors is because there is no interest in the coin so that over time the coin will sink in the market.