Quote from: leatutz on December 09, 2019, 02:03:26 PM

Quote from: Rengga Jati on December 05, 2019, 08:04:39 AM

I have seen many reviews about the current new altcoins. Most of them are marked as worse coins with cheap prices, while the rest coins are indicated as scams or shit-coins. I rarely saw people stated that new altcoins are worth for investment or trading nowadays. However, new altcoins are always born from ICO, STO or IEO every month.

So, my questions are
1. Why there are still investors in the new altcoins project? For what they invest if they know new altcoins are only about risks and losses?
2. Who are those developers that always create new altcoins projects? Don't they know that most new projects just ended with failure?

*Warning: Sorry if these questions are ever made by someone!! I never copied or got an idea from others. This is my own opinion.

You should check the success history of campaign in this year 2019. If you know that most of the new project just ended up with failure, why are you here. You know some project are very good and investor are looking for this type of project. Old coin couldn't survive for long time in top coin. I believe in new projects because new technology is needed for cryptocurrency.

Most of the new coins are not good in producing profits at all and the main reason behind it is scams. But that is a different topic. Coming towards new technology, old coins use the blockchain technology that is actually copied by many new altcoins. This is the fact that most of the projects use ethereum blockchain which shows how good it is and this project keeps on improving with time. Old is gold.