Post
Topic
Board Altcoin Discussion
Re: Projects that failed to keep their promise in 2019
by
cotton ball
on 23/12/2019, 17:18:34 UTC
What I see is that most people do not even at all understand the cryptocurrency and blockchain technology. They only have a belief that cryptocurrency investment pays hugely and they only want to be rich quickly. You will see that most of the investors do not invest for the use purpose but just to buy at ICO cheaply and sell at profit.
Honestly, all investors only care about profits. Nobody cares about the future of these projects, so after the end of the ICO or IEO they will dump it when it is listed at exchanges. And the reality is that new projects only have great ideas and they are never able to turn those ideas into products. That is why most projects do not keep their promises as they were
How to care with the future coin without care first by developer, investor only try to get much profit after investing during ICOs and IEOs time without try to hold coin for long time, not guarantee for saving coin in long time because owner never want to build their coin keep higher price or above when ICOs or IEOs selling time.