Post
Topic
Board Altcoin Discussion
Re: What really makes a cryptocurrency successful
by
Meta anggraini
on 01/07/2021, 23:32:29 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

For me,

1. Marketing (from Community and Core, ultimate point if its from influencer)
2. Product (Whitepaper, Roadmap, Fundamentals, etc)
3. Team

Its 3 key usually which lead a successful coin survive on the market. But investing on small project usually have no good marketing and its a gamble.