Post
Topic
Board Altcoin Discussion
Re: Why do most of you guys only care about partnerships & roadmaps?
by
TheUltraElite
on 20/08/2021, 06:12:29 UTC
The point is that they sell.

Whenever a news of a partnership appears the target population is sold. This includes the majority of newbie investors who can but will not buy bitcoin since the amount they have at hand is smaller than 1BTC worth of fiat and instead goes for these shitcoins. For them a partnership means more money and therefore more profit for them. They dont understand that partnering with an exchange site only leads to listing the coin there and nothing more.

It is even more idiotic when people talk about roadmaps as a consolidation factor to investing. I mean like seriously when does a company really catch up to their promises?

Roadmaps are created only to be delayed, is what I consider as proper use of the term. These should not be the reason for investing.

Fact that majority of the altcoins try to compete with established fiat companies is the worst thing. Because they are bound to fail.

A good partnership really helps us to identify that this project has potential, Otherwise they certainly won't partner with it. Remember potential partnerships, not bad partnership.
Exactly the wrong statement. Partnerships are made from money. You pay Binance for listing fees and they will gladly accept it as "partnership". But you will not understand this right now unless you have dug deeper.