Post
Topic
Board Altcoin Discussion
Re: !!! SO MANY PROJECTS !!! What 's going on ?
by
Silberman
on 22/10/2019, 14:48:27 UTC
There are no good projects this year. Most projects are scam and run away from this market after a period of operation
The market now has filled with scams and most of the projects are turning out to be a failure. Coming to the new projects, the investors are no longer interested in investing in them due to the lack of faith and trust issues. In fact, most of the investors now are making their way back out of the market. Let's see how long this scenario will prevail in the market...
The reason is obvious. People are going crazy about the digital market and want to become rich like bitcoiners. Now good altcoins and specifically bitcoin are not cheap assets. So people want to get a lot out of little. This greedy nature is the main reason behind falling a victim for scams. It is best to  play the safe game. With this fact that scams are increasing, all investors should focus on old coins only.
While I think that most investors should stay away from icos that does not necessarily mean that all investors need to stay away from them, there are good investors out there that can distinguish between the scams and the real projects, if you have that skill then you can safely invest in icos knowing very well you can pick the right coins most of the time, but that is not something your average investors can do and their only hope of avoiding investing in scam icos is to not invest in icos at all.