Post
Topic
Board Altcoin Discussion
Re: What really makes a cryptocurrency successful
by
southerngentuk
on 12/05/2021, 01:35:25 UTC
I wonder what really makes coin or token successful in the markets and the reason for this is because a lot of people state reasons like
"how good the project is, what the idea is all about, team etc)

But the truth is a large percentage of investors dont understand this technical terms when they read it and for all the claims of good team members, no one can really know how good a projects team is until the project progresses

So this makes me wonder what makes some projects instant success and gives them immediate acceptance from the cryptocurrency community
Since people see the opportunity to make a profit at this stage, almost no one understands how it works, people try to find ways to buy the coins that are on the market hoping to get a good return. I am not too surprised because these are still repeating what the past happened, when the media talked about cryto too much, the fomo phenomenon started.