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Topic: Old companies that implement crypto will always do fine - page 2. (Read 261 times)
Nice thought, the crypto market is maturing now, and all participants too, need time and patience to see the working project with real users.
It is not just the market that is maturing now or the project running on the market. It is us, the participants of the cryptocurrency space that are getting used to the systems that are running. In this regard, it might be somehow assured that there will be less supporters of nonsense projects that will be launched in the market. We should always focus on projects with potentials, and we should always be good at filtration.
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?
Thanks for this, there is no better truth than what you outlined. Many upcoming projects nowadays are just here for quick profits, the team will be active during the initial stage but once public sale finishes they will go mute and when asked you will hear, we are working on our project and yet nothing to show for. Like you rightly said, good projects takes time to build and any existing platform coming into the crypto space is mostly looking for ways to Implement new technologies thus the reason they always perform well. Also, owing to the nature of this space, investors value real working product and when they see such, won't hesitate to participate. Your third point is just the nature of most projects nowadays and IEO is helping them achieve the goal of quick cash out. 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 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?
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?
Just be careful not to invest in companies that are old but have no tech experience on blockchain but want to implement crypto for pure buzz word reasons. Not every company has a knowhow or understanding in what blockchain is suited to solve better then a normal databas, but they want to glue the blockchain on top of it anyhow to solve problems that don't exist as they have already a workimg product or the solutions are better suited for a database. Always look for firms who can actually deliver the promises and they make sense even to experts.
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?
Yes, Most project owners are only concern about what they can gain from naive investors, they don't have any deep interest attach to what they offer the public, although will still have some few genuine once around,1. Good projects takes time to build, they aren't rushed so they take lots of time in development
Tell me about it, unfortunately majority of crypto investors don't see this aspect, once a project is lunched they expect to see x100 profit in the next few days otherwise that project can't be trusted, an actual project with use case will definitely takes more time to develop.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
Or even a new project can still develop towards creating a working product for that project to have a real value, i guess this is the problem with most new project, not an existing product and not making plans towards developing one, their only aim is to generate money and flee. 
"Our veggies are grown on blockchain!"
Well established companies, that make their living will remain this way despite having the blockchain or not?
Above exaggerated example of a slogan, may be a good example on how not to incorporate the technology.
When a company goes crypto without having a good reason for it, without understanding but only cuz it became trendy then some sort of image loss is highly possible. When following trends, only for the sake of it, puts somebody in ridiculous situations, good chunk of customers will notice and condemn. So I can say I'm entirely in agreement with your main thesis.
Well established companies, that make their living will remain this way despite having the blockchain or not?
Above exaggerated example of a slogan, may be a good example on how not to incorporate the technology.
When a company goes crypto without having a good reason for it, without understanding but only cuz it became trendy then some sort of image loss is highly possible. When following trends, only for the sake of it, puts somebody in ridiculous situations, good chunk of customers will notice and condemn. So I can say I'm entirely in agreement with your main thesis.
Well, the point with investing on new projects is that you get a chance to enter early and IF the project becomes successful you'll probably have a huge profit. But better profit comes with bigger risks too, so it's your choice what you want to do? Accept the bigger risk for a chance to have better ROI, or keep the risk low and be happy with any profit you take.
I agree with all of your opinions but one thing that you should know that.
As far as I know, a lot of projects are not rushing to get quick gains, but, they are getting so many pressure by the short term speculators.
I'm even watching so many telegram groups from the various projects. A lot of companies and platforms and they are always getting pressure by the speculators that bought their token for long term or short term investment.
I'm not willing to create such an advertisement, but this is just an example. I invested in a company called crypterium. Crypterium company is always getting pushed by the buyers and speculators. The speculators and buyers didn't care if a proper development result can't be achieved in a short time. Even these speculators have called crypterium as a scam if the company may get delay due to the various reason just like a technical problem.
An excellent project indeed takes time, but investors can't be patience for that.
As far as I know, a lot of projects are not rushing to get quick gains, but, they are getting so many pressure by the short term speculators.
I'm even watching so many telegram groups from the various projects. A lot of companies and platforms and they are always getting pressure by the speculators that bought their token for long term or short term investment.
I'm not willing to create such an advertisement, but this is just an example. I invested in a company called crypterium. Crypterium company is always getting pushed by the buyers and speculators. The speculators and buyers didn't care if a proper development result can't be achieved in a short time. Even these speculators have called crypterium as a scam if the company may get delay due to the various reason just like a technical problem.
An excellent project indeed takes time, but investors can't be patience for that.
Nice thought, the crypto market is maturing now, and all participants too, need time and patience to see the working project with real users.
I think we need to pay attention to how much time it takes to get the product ready. Of course, we will wait 5 years for the product which will take 5 years to be ready. But, some of products are not a physical aset and do not require time to create it. Briefly I look at what the product promises and I don't have any problems with time. I guess the reason for thinking like this is the increase of scammers, but there are always good ones.
That's right, most new projects are getting quick gain. After that, we cannot see good gains with those coins. The main thing is project updates. We called it a fundamental analysis for it. The important thing is, the project needs a good development team to continue future updates. The marketing is an another important thing too. That's why we need own research before investing in any project.
for point 1. yes, for the development of the project it takes time, although, like that, I still keep thinking of supporting them. Why ? because developments in new projects will pave the way for the world to know about the technology that is developing today.
I also understand that there are quite a lot of bad projects, even getting a red flag before they start the project. however, there are several projects that are still worth supporting. As Tabas said, the old project also did not guarantee success, even some of them also pretty much lost the competition and gone.
this is not an old or new project problem, but this is a project problem that is developed/made suitable for competition or not.
I also understand that there are quite a lot of bad projects, even getting a red flag before they start the project. however, there are several projects that are still worth supporting. As Tabas said, the old project also did not guarantee success, even some of them also pretty much lost the competition and gone.
this is not an old or new project problem, but this is a project problem that is developed/made suitable for competition or not.
The companies and projects that you have mentioned is even new to me. I don't know about them and I understand your whole point of disappointment with the projects that we've got in the community. It's no longer a secret that many of these projects aren't really going to work for their proposals after they've managed to gather a good amount of fund from their investors. But even an old company that will adopt crypto, this doesn't guarantee success to them. It's good to see them adopt but still a large number of people isn't ready with this kind of adoption.
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.
Based on past performances of many start ups, I have to agree with the above. 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.
No. 3 is all about promises and we should all know by now that empty words are not worth a penny. Ideas are good but a relevant working product is what it takes to survive in today's competitive crypto market.
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?
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?
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