Post
Topic
Board Altcoin Discussion
Re: Many projects are dead?
by
chikading2016
on 14/11/2018, 21:10:20 UTC

Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?


Market condition is not good and perhaps they don't have enough preparation to launch ICO project. I still trust the project but I have rules and limit to keep my asset safe and get minimal risk when enter the market. This time join project is not good, leave it and replace your money into currency. Wait and see but never lost faith with crypto.
market condition is not problem for developer if they seriously want make some great project, the main point that many project just want their investor money and after get money and launch in market developer leave the project
I agree on that, some project are really dead because of the market condition. I believe that the market condition is one of the most common factor that affect the price, maybe some project really having a hard time to collect funds from thier ico, so there will be a great possibility that most of the project on this dip is really dead.