Topic: What really makes a cryptocurrency successful (Read 981 times)
Hype will make the project successful, if the community is helping each other to hype the coin then for sure the project will be successful, that is the only thing a project needs to be successful, a marketing strategy will also do this is important at the early stage of the project, without this the hype will no the be there as well.
Most of the projects that survived the crypto winter had a solid working product underneath.
In my opinion, success depends primarily on whether there is a real business and a real use of the token under the project, otherwise, during a bearish trend, the price of the coin may fall below its selling price.
well, being creative is one of the most important tasks for the success of the project for now. Currently, there are quite a lot of obstacles to maintaining the project because there will be other projects that try to beat other projects. however, staying focused on goals, paying attention to market needs, and developing products, are things that need attention. However, there are many important points to make a project successful and stay afloat. In my opinion, success depends primarily on whether there is a real business and a real use of the token under the project, otherwise, during a bearish trend, the price of the coin may fall below its selling price.
I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
in fact, many factors make a project successful. and in my opinion the success of a project is due to the trust of the crypto community. so that the community members raise and promote the project until it is known by many communities so that the project becomes popular among crypto users. because a project cannot possibly be a big success without the trust of the crypto community.
Apart from the community, the adoption and usability of the product are important for a project to be successful. Without a product that can be implemented in industry or used by many people, I think the project is just a pump and dump project and this happens a lot in many new projects.
I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
You are right that innovative ideas and a good team are not always a clue for success, nevertheless, it is also important. But in addition to this, we should pay attention to the situation in general: the price of Bitcoin, trends on the market, and marketing campaigns. As the better advertisement is, the more people are aware of this project, therefore, a lot of investors. Also we should learn tokenomics.
I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
There are many copy paste projects and we can see if they were created because of the Hype.
As in the current trend of the crypto market, some altcoins come with the same idea, but some other projects have different ideas with a few additional ideas and technologies that the previous project didn't have, it's hard to predict the new project will be successful or not, because no one knows what will happen in the future, it's all up to the development team and community members.
That's why the dependency on superficial facts is always dangerous in the world of crypto.
There is no way to judge how the person is who sits behind the screen and coding a junk project or master-piece of the era. The only way to know is go through the whitepaper, understand the technical terms with the help of other colleagues who are into IT field.
Always hover around the GitHub because that is the best place to understand the current development of project and also one can track easily if the project is active or dead or copied one. Long gone those days when we used to talk about the team is active, roadmap looks good and stuff. But now, it's all about the performance and reality of the product along with it's application.
There is no way to judge how the person is who sits behind the screen and coding a junk project or master-piece of the era. The only way to know is go through the whitepaper, understand the technical terms with the help of other colleagues who are into IT field.
Always hover around the GitHub because that is the best place to understand the current development of project and also one can track easily if the project is active or dead or copied one. Long gone those days when we used to talk about the team is active, roadmap looks good and stuff. But now, it's all about the performance and reality of the product along with it's application.
I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
in fact, many factors make a project successful. and in my opinion the success of a project is due to the trust of the crypto community. so that the community members raise and promote the project until it is known by many communities so that the project becomes popular among crypto users. because a project cannot possibly be a big success without the trust of the crypto community.
Most of the projects that survived the crypto winter had a solid working product underneath.
Solid in every aspect that they have. The team works continuously and what they've put in the roadmap, they're following it.In my opinion, success depends primarily on whether there is a real business and a real use of the token under the project, otherwise, during a bearish trend, the price of the coin may fall below its selling price.
The use case is a thing that most projects don't have. They need to have a platform for it to be useful and for their users to benefit from it. 
I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
For me,
1. Marketing (from Community and Core, ultimate point if its from influencer)
2. Product (Whitepaper, Roadmap, Fundamentals, etc)
3. Team
Its 3 key usually which lead a successful coin survive on the market. But investing on small project usually have no good marketing and its a gamble.
Their usecase in the blockchain technology is what really makes a crypto successful. There are many cryptos now that shows a lot of potential in the future because their project solves some problems that blockchain tech lacks. The team also behind that project are very active updating about their progress and future plans. They always engage to some events like hackaton to make their project become more popular. They do partnerships with some popular companies or other crypto projects to improve the usecase of their cryptocurrency.
Actual use case and how they influence their chosen industry is very important in knowing if the project will be successful long term or not. Because if it will rely only on traders, this will not last long. So they should have active use case in the industry and the team is continuously innovating their platform, in order to adapt new changes in the environment. Some projects have very noble concept but they failed in actual implementation. Actual implementation is really important for the project to survive. And of course, the users should also be happy and satisfied with their services. Or at least, they are open in improving their services.
Their usecase in the blockchain technology is what really makes a crypto successful. There are many cryptos now that shows a lot of potential in the future because their project solves some problems that blockchain tech lacks. The team also behind that project are very active updating about their progress and future plans. They always engage to some events like hackaton to make their project become more popular. They do partnerships with some popular companies or other crypto projects to improve the usecase of their cryptocurrency.
Well, your opinion can't be disregarded, but although most of those involved do not know technical terms or have an understanding of the project, they may have an understanding that if it is not for them, for someone it will do and when the project is useful, prices end up reflecting , if you disagree, present a project with a decent supply and that is of some use and that is undervalued. Naturally, by posting this, people will buy this project because it will definitely be recognized.
Most of the projects that survived the crypto winter had a solid working product underneath.
In my opinion, success depends primarily on whether there is a real business and a real use of the token under the project, otherwise, during a bearish trend, the price of the coin may fall below its selling price.
Not at all because if you do look on some projects that survived that crypto winter doesnt really have that solid working product but it do still able to get some significant value in the market which is really surprising.In my opinion, success depends primarily on whether there is a real business and a real use of the token under the project, otherwise, during a bearish trend, the price of the coin may fall below its selling price.
Only a few percentage on overall projects does actually had one or does have relevance when it comes to actual world usage but there are still some who had able to cling up with the ranks despite of lacking on the thing.
Success isnt something that would be guarantee no matter how great the project idea is because it would always matter with the demand and that what really dictates when it comes to success,.
so far as I know cryptocurrencies can achieve success when they have projects that are very useful for many people, when there are no useful projects then cryptocurrencies will not develop and certainly will not get support from any investors.
that's if we see how from the use of their platform or product. but if we look at their market. Successful cryptos are those that manage to have value and gain the greatest adoption.The circumstances of every crypto asset are different. some take a long time to make their market strong. but some get support from their already strong partnership which makes crypto from new projects immediately gain popularity in the market.
I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
There are so many factors that can make a project successful, exchange where the token listed, the team behind the project, the product, the transparency etc.,investors never invest in the project that has a negative feedback so they will always look at the team behind the project and thier back ground after checking the team they will surely look on the product and make a short evaluation if that product will posibly be accepted or useful to community. "how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
not 100% if you try hard to find which ico or coin will success, but there is a chance to get there.
you can observe about that team, how its going. sometime, there is member who join another team after finish and succeed the team before. and we can deny if the new one cant close to be 'success' but, it can be small chance.
and dont forget to keep touch with them to see the progress.
However, if the project does not meet the quality standards of the consumers or the people in the crypto community, there will be less adoption and probably the project won't meet its target and more likely to fail in the end because of undervalued.
A successful project has many importants things.. firstly it should have good communication community, trusty team management. If a good communication spreading it's popularity and reputation among the investors then it would have highly possible to success.
I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
"how good the project is, what the idea is all about, team etc)
But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses
So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
not 100% if you try hard to find which ico or coin will success, but there is a chance to get there.
you can observe about that team, how its going. sometime, there is member who join another team after finish and succeed the team before. and we can deny if the new one cant close to be 'success' but, it can be small chance.
and dont forget to keep touch with them to see the progress.
as long as the project has a very high demand and usage, it is certain that the cryptocurrency will have a long life and can provide a lot of profit to investors who come in and support it, but if there is no high usage then it will definitely be difficult to survive, circulation in the world of cryptocurrency is very harsh and not easy.
I noticed that usually projects that have a clear purpose, usually have a high demand. As ETH and BNB are examples of successful
cryptocurrencies, therefore investing in ETH and BNB is highly recommended. But if we look at the crypto market today it is very sad,
because most of the outstanding projects have no clear use. In fact, there are so many new projects that appear and will soon become
a scam project, because these projects are just a copycat of the previous projects. So be careful when investing in cryptocurrencies,
make sure to do research and analysis beforehand, to avoid investing in the wrong projects.
as long as the project has a very high demand and usage, it is certain that the cryptocurrency will have a long life and can provide a lot of profit to investors who come in and support it, but if there is no high usage then it will definitely be difficult to survive, circulation in the world of cryptocurrency is very harsh and not easy.
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