Quote from: Rehan Zakir on Today at 05:00:31 AM

Quote from: AmoreJaz on January 15, 2021, 09:52:04 PM

Quote from: mrob82 on January 15, 2021, 09:47:46 PM

Quote from: Renampun on January 15, 2021, 05:24:25 PM

every month are dozens of tokens/coins that die or appear...
I have noticed that the number of tokens/coins on the market has continued to increase since 2016 and has not decreased at all. This year the number of cryptocurrencies will definitely increase a little.

This is going to be the issue, as old ones die there will be 3x more created. It's going to be the most insane ponzi scheme you have ever seen because of the current economic times. People really need to be careful.

i hope people are now smarter than before. look at those projects holding their ico these days, very rare that you will encounter a project that raised their targets. most of them can't move forward because they failed to raise funds.
so that's a good sign over there. people dont trust anymore this type of fundraising. actually, the OP is already very generous about stating that about 10% will survive, i believe it is lower than that. look at the current list of coins or tokens. how many of them are existing for at least couple of years?

I am agree with your opinion. Many people lost their funds in shit coins projects. But many people now know which projects to invest in and which not. Such people are always looking for a good project in which they invest and earn good profit. But peoples who new come to the market are still victims of these fake projects. Therefore, it should be verified before buying any company's coin

Majority lost their money on ICO it's because they believe to see more greater changes from it in future and they hold out of greed for thinking that they can earn more money for investing on them. And that mindset should be erased from the old and new investors since if we talk about ICO most of them are scams that's why if we have seen a good opportunity to sell then do it to secure your profits and buy on another position since mostly the dev itself will dump their own coins once they see an opportunity for them to gain.