the reason is quite simple, it is because most developers only think about profit by selling innovative ideas but they do not think about developing the asset into something that has value to users. there have been many examples of altcoins that seem to have very good prospects because they offer various revolutionary things, but when launched none of these ideas succeeded and that made investors sell their tokens and lower the price of these tokens. so most of the altcoins could end up as scams or have no value at all, just be careful to invest in these types of coins.
Most developers of altcoins are more interested in making profits and cashing out, they don't priotized innovations and going concerns. This is the main reason why we have too many abandoned projects in the crypto space because they're moving on to new ones, hype them, gather investors funds and exit scams, leaving the project dead. That is why it's not advisable to hold most altcoins for long, there futures are not certain, just invest the amount that you can afford to loose, sale if the token pumps and exit. There are more altcoins than you will care to count and it's the reason why we have so many dead coins in the crypto market, gamble your funds with the amount that you can afford to loose. 
Topic: Why can Altcoins fail? - page 2. (Read 253 times)
One mistake people do is rate a coin by market cap alone. Rating altcoins by market cap is a very inaccurate way of measuring a coin's performance. Let's take the Tron you mentioned for example. On coinmarketcap, Tron is ranked as 11th. His ranking is done with market cap. A coin ranked at 11th shouldn't be a bad coin considering the thousands of altcoins in the market. But when you look at the circulating supply, you'll see that they have about 87 billion Tron coins in circulation. Now if you multiple that by the current price of Tron which is about 0.13 you'll have a pretty hugh market cap.
There are loads of another coins just like this. People fall for the market cap and the coin turns out to be shit.
This is one reason why altcoins fail. There are several reasons why a coin may fail, but this is one of them. There are coins that have billions or trillions of coins in circulation. The supply of those coins are more than the demand so the value will definitely drop and if the demand doesn't increase, which it doesn't most time, the coin remains shit and never grows again.
There are loads of another coins just like this. People fall for the market cap and the coin turns out to be shit.
This is one reason why altcoins fail. There are several reasons why a coin may fail, but this is one of them. There are coins that have billions or trillions of coins in circulation. The supply of those coins are more than the demand so the value will definitely drop and if the demand doesn't increase, which it doesn't most time, the coin remains shit and never grows again.
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
Do you think if people knows about this then they will still make moves on making investments on it, waste their money on Ton after knowing it's not going not perform well, one thing I will have to say concerning this is that some coins will be perform well without giving us any indication while the ones we thought could do well may not at the end, we are investing because we want to take risk on any coin we investing on
the reason is quite simple, it is because most developers only think about profit by selling innovative ideas but they do not think about developing the asset into something that has value to users. there have been many examples of altcoins that seem to have very good prospects because they offer various revolutionary things, but when launched none of these ideas succeeded and that made investors sell their tokens and lower the price of these tokens. so most of the altcoins could end up as scams or have no value at all, just be careful to invest in these types of coins.
We have different types of coins and we placed our hope on the promising ones. There's basically different projects in the system, it involves quite numerous findings but we're heading straight to the full territory. What we failed to understand from the early phase is gathering innovative ideas for the good reasoning and probably not indulging in enormous profits which is quite the ultimate target we desire. 
New innovation is leading to new Altcoins and developers anticipating innovation faster is a big part of development strategy.
Weed out old and outdated coins
Weed out old and outdated coins is a most common practice of altcoin developers. They abandon their outdated projects and join a new trend, create new projects year by year, cycle by cycle.Weed out old and outdated coins
It's hard to believe in dedication of altcoin developers on their projects and how long they will stay with active development for their projects. Believe in their quality, dedication or not, spend your money to invest in their altcoins projects or not, it's your responsibility with your money.
I only share the story and fact on work flow of altcoin developers that is big red flag if you care about your money safety.
Over 50% of all cryptocurrencies have died. Of the over 24,000 cryptocurrencies listed on CoinGecko since 2014, 14,039 have died.
the reason is quite simple, it is because most developers only think about profit by selling innovative ideas but they do not think about developing the asset into something that has value to users. there have been many examples of altcoins that seem to have very good prospects because they offer various revolutionary things, but when launched none of these ideas succeeded and that made investors sell their tokens and lower the price of these tokens. so most of the altcoins could end up as scams or have no value at all, just be careful to invest in these types of coins.
There are many of them which I have no interest to mention any of them. People can just go through the exchanges the old coins are listed and see how disappointing they are now. Many of the new coins now will also become old and not get to all-time high when bitcoin is getting to all-time high. Altcoins are like pump and dump. The ones that are successful now will later not get to all-time high which means if you make money from altcoins, sell them and do not expect their all-time high again or for a long period of time like decades or forever.
Altcoins which are flooding the market today are just there to make profits for its developers. It's why I usually don't advise anyone to purchase altcoin for the long term or even buy them in the first place. Yea they might be pumping over 1k x at the moment but sooner or later once the potential investors removes their profits it leave these coins worthless as shit. I remember a project I had invested in the past, it's a funny one though. I made good profits from it but decided to wait a bit for even more profit since it already got the hype. Unfortunately days after, it started dumping. Yea at first we expect every market to experience a slight retest before pumping once again. But that was the end. The coins market cap flew down from 900k to about 75$. Which was a huge loss at my end. Since then I have stayed away from theses new projects rushing into the market. And will advice anyone considering them, to rethink.
One more old coin is EOS. It could not meet expectations and was even place 5 in market cap until it is now very irrelevant. People still holding EOS are having a big loss.
Lucky, who got out timely, to prevent a loss.
Conclusion
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
EOS was one of the blockchain projects I felt so disappointed in. I held the token and even made a few profits during the time that the blockchain was being hyped, but I don't know what happened to the team; they just stopped competing with the new emerging developments in the market. Currently, it's hard to even see any project that wants to be under the EOS blockchain. What's sustaining their price in the market is still something I don't know. Lucky, who got out timely, to prevent a loss.
Conclusion
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
There are many of them which I have no interest to mention any of them. People can just go through the exchanges the old coins are listed and see how disappointing they are now. Many of the new coins now will also become old and not get to all-time high when bitcoin is getting to all-time high. Altcoins are like pump and dump. The ones that are successful now will later not get to all-time high which means if you make money from altcoins, sell them and do not expect their all-time high again or for a long period of time like decades or forever.
New innovation is leading to new Altcoins and developers anticipating innovation faster is a big part of development strategy.
Weed out old and outdated coins
Many coins have been started when Cryptocurrencies were less developed and much less innovative.
And here it is a big problem for many Altcoins: using outdated Blockchain technology.
A good example for such an issue is Tron.
Tron was developed from Justin Sun to compete against Ethereum 1.0.
But Tron was such a badly coded coin, it couldn't even compete against Ethereum and lost many marketcap against Ethereum.
Now, since Ethereum 2.0 is launched, Tron is completely embarrassed because of its old tech.
Tron is based on an old technology where more innovative coins are outperforming Tron massively.
Tron is losing relevance very quickly compared to such new and more modern coins like Ethereum 2.0, Avalanche or Algorand.
One more old coin is EOS. It could not meet expectations and was even place 5 in market cap until it is now very irrelevant. People still holding EOS are having a big loss.
Lucky, who got out timely, to prevent a loss.
Conclusion
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
Weed out old and outdated coins
Many coins have been started when Cryptocurrencies were less developed and much less innovative.
And here it is a big problem for many Altcoins: using outdated Blockchain technology.
A good example for such an issue is Tron.
Tron was developed from Justin Sun to compete against Ethereum 1.0.
But Tron was such a badly coded coin, it couldn't even compete against Ethereum and lost many marketcap against Ethereum.
Now, since Ethereum 2.0 is launched, Tron is completely embarrassed because of its old tech.
Tron is based on an old technology where more innovative coins are outperforming Tron massively.
Tron is losing relevance very quickly compared to such new and more modern coins like Ethereum 2.0, Avalanche or Algorand.
One more old coin is EOS. It could not meet expectations and was even place 5 in market cap until it is now very irrelevant. People still holding EOS are having a big loss.
Lucky, who got out timely, to prevent a loss.
Conclusion
We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
Jump to: