Topic: Some projects are fated to doom? - page 2. (Read 469 times)
there are very many of them to be honest, the issue is that people usually think having things explained in whitepaper means i will be successful which is not true no matter how hardworking a team is. i can categorically say that some determined team fail because of the kind of project they did as its complex and unrealistic so at some point they had to abandon it. the way and means by which a project idea can be realised is more important if a project will last.
There is a lot of things that needs to be aligned correctly for a project to be successful, i have seen exchange projects which had the potential but they failed to exploded considering the initial hype they had because the team lacked the experience in whom to trust when it comes to liquidity providers and other aspect of the space and hence they are lacking in over all aspects, the team is enthusiastic and the idea is novel but if you are not doing the proper homework before launching the project, it is bound to doom.
Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.
Definitely a lot of cases. In fact, most of the newly launched projects are fated to doom even if they started with high potentials to succeed. There are no assurance in crypto, even the best of the best projects will still end up in failure once the project were unable to meet their goal. Some just got lucky that they have succeeded, but i think all the projects have struggled just to get where they are now. 
A huge majority of projects are fated to doom. Due to the simple fact that 99% of project tokens are useless, and add to the fact that most businesses and startups in general fail inside and outside the cryptocurrency space. So if you're thinking that crypto investing is easy, nope.
This is the reality not just in crypto, but even outside crypto. Everything is associated with risk. And since no project that will guarantee profits, if they cannot succeed, meaning they will end up failing. Even bitcoin does not guarantee profits after all, we only know it will continue to grow its value, but we don't know when will it last, so everything may still end up to doom.It makes sense that many altcoins are popping up because they keep giving new investors chances to make more money, the biggest money I've made from crypto is from shitcoins and low market cap gems, better profits come from new altcoins compare to altcoins that have already did 10X or more.
The real volatility usually came from a new project, you can expect new investors to come but of course they will sell later on and that makes many people lose their money. If you have a fast hand to buy and sell, you’re good but if not better not to buy at all. There’s a lot of fake projects, and projects that didn’t get the interest of the investors, they are meant to fail and most probably they will come here again to try and introduce the same old scheme so be careful. A huge majority of projects are fated to doom. Due to the simple fact that 99% of project tokens are useless, and add to the fact that most businesses and startups in general fail inside and outside the cryptocurrency space. So if you're thinking that crypto investing is easy, nope.
This is the reality not just in crypto, but even outside crypto. Everything is associated with risk. And since no project that will guarantee profits, if they cannot succeed, meaning they will end up failing. Even bitcoin does not guarantee profits after all, we only know it will continue to grow its value, but we don't know when will it last, so everything may still end up to doom.
It makes sense that many altcoins are popping up because they keep giving new investors chances to make more money, the biggest money I've made from crypto is from shitcoins and low market cap gems, better profits come from new altcoins compare to altcoins that have already did 10X or more.
Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.
I think that 90% of projects will eventually fail because they were just money grabs or science experiments from the start. Some projects have good tech but they have bad marketing or something goes wrong with the team or a contract. Long term, I've placed my bets on these cyrptos. I think they are in the 10% of those that are going to succeed.ICP, 0xMR, IOTA, UTNP, XRP
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Actually no, there are many projects that just wanted money from investors and not how they value their services offered globally. Many projects tend to be just a copy-paste of another project for the said reason. If they are indeed hardworking and wanting to do business, they will do extensive research just to find out on what the people need these days and not on what they really needed to the core.Indeed, there are many of them using same concept and idea from success projects out there.
What investors need is some new projects with a new idea and marketing strategies to reach other people because marketing strategies is very important beside the plan for the project in the future.
Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.
a lot of good projects and sad endings, even now the coin is still on several exchanges, that project is NXT, NXT is one of the old crypto projects that is currently in a slump, even their development is also dead, no exact information,
the price of NXT too experienced a severe dump and really sad
You dont have to be sad because NXT performed worse, this is why diversity is very important when investing in crypto projects, don't put all hopes on a single crypto project it is wrong, also if you are still holding this NXT do not sell, there are few cases of dead projects bouncing back to life, one day this project might make a vengeful comeback lol.
This list definitely does not include Fanfury. So there is nothing to worry about. Just make money on your favorite sporting events. In the Fanfury project, the system reduces risk to value and protects FURY token holders through the association of value that is established between use and offer.
Everyone can give out their very best and yet the results are still not great enough. Investors are still not going to get attracted to their project, that is why they can still fail. Some only gave minimal effort and the outcome is fine already but how much more if they will maximize their potential?
Investors will be dying only to get them. The projects that are fated to doom are projects whose teams are less experienced and have no real interest in the project that they are building. The only reason why they insist to continue is because they are trying their luck. They know that the crypto field is profitable. This is why it's recommended to research the team and their backgrounds before investing.
Investors will be dying only to get them. The projects that are fated to doom are projects whose teams are less experienced and have no real interest in the project that they are building. The only reason why they insist to continue is because they are trying their luck. They know that the crypto field is profitable. This is why it's recommended to research the team and their backgrounds before investing.
it's definitely there, even if you're a year here, you'll find it too. It's not just projects that don't pay off and then run away with investors' money. This is even more painful than that, they will not pay the bounty hunters even when their project is known to many people, I have experienced this during the past 4 years in following the bounty, some bounty hunters do not hesitate to attack the social media of the project because they are not paid properly. Examples are digitalbits, tokenpay, payaccept. Some may pay inappropriately it's just as painful.
Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.
I doubt there would be any such project that would fail where the team is legit and is actually working hard to bring out something. As long as they are trying and is providing something unique or at least solves problems that current projects are facing, they won't fail. Look at different top 50 projects. There are many that were nothing years ago, but they are worth something now. As long as the devs don't give up, the project won't fail. 
Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.
There are lots for sure and here's the possible situation.1. Hard work but still not enough development
2. Actual utility isnt really that appealing or interesting
3. Didnt really get that much attention.
There are hidden gems but if they've been ignored then expect that there would be a specific reason behind that.
The main point is when the project created a useful product but no hype was coming to this product and im sure the project will dead. The product will have no users, meant no revenue for the platforms and the platforms will be dead can't fulfill the operational cost. This is making some projects that waster their money to develop the product became fail but i remember one point is something project was only created cheap product that cost small. The team was using money raised for funding purpose for their own personal intention.
This is also making the project dead even it has product
This is also making the project dead even it has product
Their project usually comes at the wrong time and inappropriate marketing.
No, I don't believe that. The project may fail for a lack of marketing strategy not because it was created at the wrong time. And besides, no perfect time in creating a project but what people have to look at and consider most is the value and use case of the project. It is just to see these days that many of the projects are useless, they don't have any market importance that could encourage investors, they'll somehow just be ignored.
Yeah there are several that I know, good hard teams and even investors are happy to get profits according to what has been agreed before, but the product currently has no interest and has even become worthless also has been removed by the market. Their project usually comes at the wrong time and inappropriate marketing.
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Actually no, there are many projects that just wanted money from investors and not how they value their services offered globally. Many projects tend to be just a copy-paste of another project for the said reason. If they are indeed hardworking and wanting to do business, they will do extensive research just to find out on what the people need these days and not on what they really needed to the core.
Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.
There were and are many A successful project may not only lay on how good the concept and also the team. Hardworking and professional team members may be goo and supportive, but this is not only the only reason why a project is successful or not. There are several other factors that are influencing such as the acceptance from the investors, funds that they have, exchanges for listing, promotions, and others. These all elements should blend together and work very well in order to be acepted in the community and being successful. But once more, this is not easy.
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