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Topic: Old companies that implement crypto will always do fine (Read 273 times)

sr. member
Activity: 784
Merit: 250
DIA | Data infrastructure for DeFi
I have switched to old altcoins as well. Took me one year to understand that on such a market no new altcoin will bring profit. So 50 percent of my funds are in Bitcoin and it brings me more profit by doing nothing, than by taking part in various bounty programmes.
member
Activity: 1764
Merit: 10
I completely agree with you, now new companies only want to raise a huge amount of money and after that they don’t want to do anything at all, but companies that have been working in the cryptocurrency field for a couple of years and on cryptocurrency technologies are constantly working to improve their technologies and capabilities, before companies thought not only about money, but also about their product, and now, unfortunately, companies think only about money.
hero member
Activity: 1666
Merit: 753
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.

Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?

I wouldn't say that companies which started off with crypto is necessarily a red flag in and of itself, because there are certain companies which genuinely offer crypto related services and that's just their entire business model.

What people should look out for are projects or companies which have no differentiating factor, operate in an already saturated market, and indefinitely asks for funding without any clear roadmaps.

Of course, old companies that implement crypto will be ideal, since they'd have both the exprience and expertise in their field already. However, it's not always possible to have a channel to invest in these companies.
legendary
Activity: 2464
Merit: 2094
Now there are no good ICO projects where you can invest your money with 100% confidence. I look for such projects every day, but I have doubts about all of them and I can not invest in any of them. Found only one project on which I can spend my time to participate in the bounty company. If all goes well, I will eventually invest my money in it.
You will only waste time if every day you are looking for projects that are 100% good and safe for investment. It's hard to get a project that is 100% safe as you are looking for.  Many projects now are not good enough to invest money there, but not all of them are bad either.  At least there is something that gives investors the opportunity to make a profit.
sr. member
Activity: 966
Merit: 274
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.

Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?

Agree on point one, but in my opinion, beta testing of the project should take atleast 1 year before they implement their project, at the same time it gains market or people, and it creates hype that will allow people to be excited upon the project other than debugging the errors of the projects such as an exchange. IF they will about to launch it without even conducting an experiment about it, there's a huge chance that it will be just outnumbered in the market.
member
Activity: 322
Merit: 10
Proof-of-Stake Blockchain Network
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.

Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?

Now there are no good ICO projects where you can invest your money with 100% confidence. I look for such projects every day, but I have doubts about all of them and I can not invest in any of them. Found only one project on which I can spend my time to participate in the bounty company. If all goes well, I will eventually invest my money in it.
sr. member
Activity: 966
Merit: 274
i disagree.
the quality of a cryptocurrency has nothing to do with the age of the "company" in fact i would say that if there is a company behind a project, that project is automatically lower quality in my views. i prefer more decentralized approach just like what Satoshi did with bitcoin. a single person (with some help from others) released a new innovation that changed the world. that should be the goal and the reference for comparison.

Let us segregate the outside of crypto innovation to the inside such as project implementation and launching. basically, what we are pertaining to say old companies, are old cryptocurrency projects that is already working. in that umbrella, not all are trusted, especially those newly started projects that we can even classify at first if it is a scam or not. That is why we think that old cryptocurrency with working platform or product is much better than new ones. but let us not forget the fact that if a project is really good, it will definitely become successful.
jr. member
Activity: 420
Merit: 3
The failure of most projects these days is attributed first to the fact that they have nothing to offer. So if you are told that they are giving or building a project I return, it is usually a means of deceiving people, because at the end, it will fail without any product. So, if a team already have a working product, to succeed is quite very easy, because the trust can easily be built from there.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
indeed there are many old projects that can provide good development and of course they give confidence that is difficult to get many new baaru projects that are not too good, investors are more interested in older projects that are already well developed.
sr. member
Activity: 1484
Merit: 277
Point 1. Indeed, a good project takes a long time I'm sure with that time they will work optimally so that the products they run smoothly have no obstacles, indeed investing must be considered more mature so that they do not regret it, because new projects cannot be implemented now. call promising.

Some situations may not do good for a while but along with reliable, and sustainable development those companies that adopts crypto could eventually be successful. Long term goals should be a motive for the projects, and not within a short span of time. We must consider those ideas as well.
legendary
Activity: 2450
Merit: 1140
duelbits.com
1. Good projects takes time to build, they aren't rushed so they take lots of time in development

Not all new projects can improve constantly. They need time to run the roadmap and develop their MVP. In this case, old companies can be more trusted since they have proven their existence for years. If you don't dare taking high risks, then just choose coins/tokens backed up by old companies.

2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it

Indeed. But we must be selective and not directly believe 100% with the future of the MVPs. Know the strengths and weaknesses of the MVPs!
full member
Activity: 434
Merit: 100
Distributed Intelligent IoT Technology
That's true. I myself love old projects and follow some of them. They show how they develop. What you can expect and what profit you can get in the end. Yes it will not be like in the early X10 or something like that. it seems to me that such times are over. But it will be stable and good growth, which can give even more benefits.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
As Tabas said, the old project also did not guarantee success, even some of them also pretty much lost the competition and gone.
Although there's an impressive interest that will come to them especially if they have established name and also popular. I've understand the good thing that op is telling about old companies.
There's still a reason for that because scam is going to be lowered. However, the interest coming from the company is going to be another question.
member
Activity: 504
Merit: 25
i disagree.
the quality of a cryptocurrency has nothing to do with the age of the "company" in fact i would say that if there is a company behind a project, that project is automatically lower quality in my views. i prefer more decentralized approach just like what Satoshi did with bitcoin. a single person (with some help from others) released a new innovation that changed the world. that should be the goal and the reference for comparison.
I think OP is pointing to identifying good projects from scam projects, company based blockchain projects are in existence so many would want to invest in such company because of the real life product, its different from projects that are built few months back and looking forward to raise fund with no real working product
legendary
Activity: 1946
Merit: 1137
i disagree.
the quality of a cryptocurrency has nothing to do with the age of the "company" in fact i would say that if there is a company behind a project, that project is automatically lower quality in my views. i prefer more decentralized approach just like what Satoshi did with bitcoin. a single person (with some help from others) released a new innovation that changed the world. that should be the goal and the reference for comparison.
sr. member
Activity: 1092
Merit: 284
Point 1. Indeed, a good project takes a long time I'm sure with that time they will work optimally so that the products they run smoothly have no obstacles, indeed investing must be considered more mature so that they do not regret it, because new projects cannot be implemented now. call promising.
member
Activity: 375
Merit: 18
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I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.

Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
Yup, that is one of the good projects that we should support. The one that are already existing and only wants to implement cryptocurrency in their mode of payments or use blockchain. But I still believed in some startups that want to turn their ideas into reality. And we should continue to support this kind of project to innovate or revolutionize the whole industry.
member
Activity: 434
Merit: 19
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.

Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?
If old companies release crypto project i will gladly join or even promote such project because it shows they are real and have a real life working products, how many projects have working products this days? its really not a bad option
member
Activity: 532
Merit: 41
Old companies or not this doesn't mean the project can't fail but they do have better chances because they must have had their own strategy since existence of the company and its another way to know that a project is real or not unlike new projects that come out of nowhere, you did have a point
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
I don't waste my time with new projects anymore, 99 percents of them are rushed to make quick gains and cater away with the money, i don't expected more than 5 good new projects in a whole year, why?
1. Good projects takes time to build, they aren't rushed so they take lots of time in development
2. Real working products from companies that have been in existence for years are way better when they implement blockchain tech in their company it will work out
3. Its red flag to projects from companies that starts on crypto from scratch, meaning that they are able to be where they are today with crypto.

Example companies that implement crypto and standing strong with their idea is Clear foundation or Wings Mobile, those are new ones i have seen, i know there are more, care to share?

You probably don't understand What Blockchain is about. I doubt if the so called old companies will build real decentralized projects. They will probably create tokens on top of existing Blockchains or build brand new Blockchain for their cryptocurrencies. We need something different. We need projects that are well decentralized.
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