Pages:
Author

Topic: Three questions for old crypto fans (Read 669 times)

full member
Activity: 585
Merit: 100
Binance #SWGT and CERTIK Audited
October 21, 2022, 11:20:02 AM
#71
Those who are even in the top ten still have the potential to fail in the future if they are slow in adapting to the current trend. Like our example, ethereum can always follow crypto trends anywhere because it has many open source developers, but apart from ethereum or the like they are still likely to be replaced by new generations in the future.
member
Activity: 519
Merit: 12
November 17, 2022, 10:06:38 AM
#68
The cryptocurrency industries is keep growing as new project are coming up with a new coins, while old going are also keep moving in the circle of the cryptocurrency exchange, which also hype by strong community and airdrop, Having said that, is good to spread your investment in difference coins, but old and new, because the recent clash of coins was not expected like Luna and now FTX clash and nobody know the next of coin clash, which is a very big lost from investors.   
full member
Activity: 1582
Merit: 132
BK8 - Most Trusted Gambling Platform
November 16, 2022, 05:51:57 PM
#67
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
This seems to be one of those cycles in crypto, where new technology or new altcoins are sometimes able to replace old projects. However, not all of them, are because many new projects are only concerned with money without being able to develop and strengthen their fundamentals. So they find it difficult to develop and survive, and eventually failed.

However, that does not mean that old projects can be easily replaced, especially those with a strong team. Indeed, this time was not easy because business is cruel, sometimes they have strong fundamentals and a professional team. But they can be overthrown very quickly by the power of the project or other parties.
full member
Activity: 799
Merit: 100
Buzz App - Spin wheel, farm rewards
November 16, 2022, 05:09:44 PM
#66
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

I think all of your questions are working normally. because the crypto market is not determined by certain individuals or groups but is determined by demand and volume. so that there is no altcoin that can be guaranteed that it will continue to stay in the top 5 - 20 because there will always be new altcoins that make investors interested in greater so that they are able to make new altcoins a trend in the crypto market so that they are able to be in the top top 5 - 20.
hero member
Activity: 1106
Merit: 535
fillippone - Winner contest Pizza 2022
November 02, 2022, 04:17:12 PM
#65
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
It is very obvious that the market movement is always based on momentum and how strong the project is. Making of the top 20 coin we have in the market are there due to the strong team to keep pumping and attracting investors to buy more even when the market is bearish. We all know that Luna had done unimaginable thing to investors of the crypto world which we should not be surprised about because anything can happen in the crypto market which is the major reason why we need to invest what we know we can afford to lose if there is chances of things going bad.
legendary
Activity: 1946
Merit: 1157
Enterapp Pre-Sale Live
November 02, 2022, 03:42:41 PM
#64
It is still possible for Top 20 projects There could be a crash like in LUNA, nothing is impossible, and this is a crypto market.
If we look at the history of altcoins starting from 2016, some of the top altcoins have been replaced except for Bitcoin which remains irreplaceable and Ethereum is the top altcoin.

Let's see the history of ranking on coinmarketcap in 2016 and 2022 now.

Coinmarketcap 1 November 2016                                                                              


Coinmarketcap 3 November 2022
sr. member
Activity: 832
Merit: 286
Next Generation Web3 Casino
October 21, 2022, 12:04:32 PM
#63
When new coins come to the market they have full attention on the marketing, promotions, free airdrops and almost every social account get flooded with their name this huge volume drive their and they pretty much become star of the market.

However, the older players are more busy into hodling process, revalue exchanges and that’s why keep falling to the lower side but that’s always temporary.
At some point new coins get high interactions from airdrop hype, marketing, or etc, so it is easy for them to get good ratings, but the fact is that they will easily drop during price recovery and enter a future bullish season, so either way new coins will easily fall when the interaction decreases, investors or traders will return to the main investment in top coins.
legendary
Activity: 1862
Merit: 1058
Next Generation Web3 Casino
October 21, 2022, 11:56:37 AM
#62
Is it normal to invest in projects that VC's invested money on?

 I think it is a good option to buy cryptocurrency of the project in which large funds invested. In advance on Cryptorank it is better to look at what prices were bought by venture capitalists and analyze the information obtained. It is worth remembering that even large funds and VC's can make mistakes when investing in a project.

Following in the footsteps of the giants, here large funds can be said to be quite safe and will save us some time. Because today's reputable investment funds such as Binance Labs or Coinsbase ventures have research teams, they will be in charge of research and analysis once the project meets the requirements, they will invest. But that doesn't mean they didn't fail, Luna's death also led to the collapse of the leading venture fund in the market, 3AC. Therefore, investing in projects that VC's invest will limit risks and save us time, but once we have invested, we should still do our own research, not completely depend on them.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
October 21, 2022, 09:19:43 AM
#61
The answer to the First question is Yes it is normal to invest in projects where VCs are in but dear one thing to notice such investments must be analyzed after every project Fundraising VCs start booking profits due to new volume in the market. Need to be careful with these types of Market situations in a bear market never go for New projects always prefer accumulation.
hero member
Activity: 616
Merit: 749
October 21, 2022, 07:29:49 AM
#60
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Some altcoins still retain their spot in the top 10's or 20's while others move up or down. The industry is growing so we shouldn't expect some stability anytime near. We'll keep seeing the volatility both in position on ranking sites and price of project for a very long time. The cryptocurrency market is a speculative market so you can always follow the money and be profitable doing so. Vc's have the money and when a project is funded very well, they tend to do very well so you're liking investing in the project VCs invest and profit then going to look for one yourself.
Don't get carried away though as this VCs get into project so early that they're always at advantage not minding how the market is moving, so you have to be on your A game as well and stay update so if the VC are moving out, you do so as well and not get dumped on.
member
Activity: 737
Merit: 11
October 21, 2022, 06:03:46 AM
#59
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?


The most important thing when we invest in cryptocurrencies are loss opportunities because drops or scams are normal, don't always think that what we invest will profit, never even sell assets for investment in cryptocurrencies, drops projects like Luna are not the first and I'm sure next There will be a lot and we must be prepared.
legendary
Activity: 2268
Merit: 1655
To the Moon
October 21, 2022, 05:07:23 AM
#58
Is it normal to invest in projects that VC's invested money on? ...

If you invest in projects in which have invested VC's, it will be safer than if you invest based on your research, without having the appropriate qualifications for this. But it should be remembered that the purchase price for you may be several times higher than that of VC's. Accordingly, if the price drops, then you will receive a loss, while investments VC's will be in profit.
hero member
Activity: 2086
Merit: 603
October 20, 2022, 12:29:42 PM
#57
There is nothing new in the way it works for replacement of top 20 with newly formed altcoin. Sometimes it’s more or less new investment drift which causes them to hit the top 20 rank but many of them do fail eventually once the marketing drift is lowered.

When new coins come to the market they have full attention on the marketing, promotions, free airdrops and almost every social account get flooded with their name this huge volume drive their and they pretty much become star of the market.

However, the older players are more busy into hodling process, revalue exchanges and that’s why keep falling to the lower side but that’s always temporary.
legendary
Activity: 2660
Merit: 1074
October 08, 2022, 10:45:50 AM
#56
in crypto we never know what will happen in the future. even like the Luna tragedy, no one knows the beginning. So it's possible that altcoins that are ranked 2-20 will fail like Terra Luna. it is because of this risk that we must be careful in investing in altcoins. we must always monitor the news. because information is needed in making a decision in an analysis. that's what I just learned.
There have been so many cases top coins were falling like luna. I can mention some like Bitconnect, LUNA, Centra and many more. These coins have been falling to the zero value caused by they were running by scammers. Investing in the altcoins the most difficult things to do rather than investin in bitcoin. The problem so many people didn't even care with DYOR. they keep abandoning how important dyor for all of them
That’s the end of many coins that would not be promoted for being good, but only for being profitable by cunning ideas. Look at BCH and BSV as well, those were top 10 coins for a while, I remember clearly that BCH even reached top 5 if I am not wrong, where are they now? They were only there because they had an idea that "may" work and it didn't and that’s why it crashed.

Any project that doesn't have a strong fundamental in it, and just gets promoted thanks to hype and a potential profit, will always end up going down. Same happened with many coins so far and will repeat in the future. Biggest scare is doge now for example, worths nothing, not a single original line of code, just hyped.
hero member
Activity: 2702
Merit: 704
Bitcoin is GOD
October 06, 2022, 11:11:47 PM
#55
(.....)
And also can we see another top project in the rank of 1 to 20 failed like that of Luna?
Big YES. This is already proven over time. We cannot say it is failed but it is slowly going to fail or be replaced by other quality projects or new projects. For example forked of Bitcoin, like Bitcoin cash, Bitcoin SV, and many more. At first they are on top, full of hype, pumps and dumps everywhere but after that, they are slowly going down.
And this is not rare at all, even in stocks this happens, there are stocks that were very popular decades ago and now if you look at the top stocks in the market you will not see the same companies anymore.

And since this market moves way faster than the stock market then it is natural that the coins which are at the top today will not be the same ones we have a few years down the line, and it is easy to see this is the case if we take a look at the coins which were at the top at the beginning of each year and see how they have been changing over the years.
sr. member
Activity: 1162
Merit: 260
October 04, 2022, 01:13:00 AM
#54
in crypto we never know what will happen in the future. even like the Luna tragedy, no one knows the beginning. So it's possible that altcoins that are ranked 2-20 will fail like Terra Luna. it is because of this risk that we must be careful in investing in altcoins. we must always monitor the news. because information is needed in making a decision in an analysis. that's what I just learned.
There have been so many cases top coins were falling like luna. I can mention some like Bitconnect, LUNA, Centra and many more. These coins have been falling to the zero value caused by they were running by scammers. Investing in the altcoins the most difficult things to do rather than investin in bitcoin. The problem so many people didn't even care with DYOR. they keep abandoning how important dyor for all of them
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 03, 2022, 07:24:41 PM
#53
(.....)
And also can we see another top project in the rank of 1 to 20 failed like that of Luna?
Big YES. This is already proven over time. We cannot say it is failed but it is slowly going to fail or be replaced by other quality projects or new projects. For example forked of Bitcoin, like Bitcoin cash, Bitcoin SV, and many more. At first they are on top, full of hype, pumps and dumps everywhere but after that, they are slowly going down.

indeed! there are many old projects that were previously in the top 10 or 20 but they are now sliding down their position. as quality projects are rising up, those crappy ones and with no solid use case will go down their ranking.  as you mentioned, the hype before with forked coins were great, but later on, people still go back to the original btc, hence, slowly dying the hype surrounding the forked btc.
remember, the position of those coins regularly changes because it depends on their market performance and how they are progressing with their actual developments.
legendary
Activity: 2338
Merit: 1354
October 03, 2022, 07:19:57 PM
#52
(.....)
And also can we see another top project in the rank of 1 to 20 failed like that of Luna?
Big YES. This is already proven over time. We cannot say it is failed but it is slowly going to fail or be replaced by other quality projects or new projects. For example forked of Bitcoin, like Bitcoin cash, Bitcoin SV, and many more. At first they are on top, full of hype, pumps and dumps everywhere but after that, they are slowly going down.
member
Activity: 392
Merit: 31
October 03, 2022, 07:16:14 PM
#51
in crypto we never know what will happen in the future. even like the Luna tragedy, no one knows the beginning. So it's possible that altcoins that are ranked 2-20 will fail like Terra Luna. it is because of this risk that we must be careful in investing in altcoins. we must always monitor the news. because information is needed in making a decision in an analysis. that's what I just learned.
legendary
Activity: 2954
Merit: 1159
October 03, 2022, 02:12:47 PM
#50
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

What happened with Luna does not happen with all the coins and the top 10 to top 20 coins are still the best investments.
Also in every bitcoin cycle, that is a four year period (from one halving to another halving), you will find many coins disappear and many new coins will make their position in top 50 or top 20 coins. Many popular coins with a lot of hype sometimes disappear in the bear market as if those coins never existed.
Pages:
Jump to: