Re: Some projects are fated to doom?

Quote from: bitmover on Today at 01:00:24 AM

Quote from: mk4 on April 18, 2022, 05:40:44 PM

A huge majority of projects are fated to doom. Due to the simple fact that 99% of project tokens are useless, and add to the fact that most businesses and startups in general fail inside and outside the cryptocurrency space. So if you're thinking that crypto investing is easy, nope.

I agree, but I think it is somehow easy. Just stick with bitcoin.

I saw a post a few months ago which called my attention and I am now quoting it. From Dec 2017 to Jan 2022, only 4 coins are positive from the top 20.
BTC and ETH are the big winners.

So yes, most projects are fated to doom.

Quote from: BitcoinBunny on January 24, 2022, 11:54:02 AM

Dec 2017 Top 20 -> Compared to right now.
(https://coinmarketcap.com/historical/20171217/)

1. BTC 1.76X
2. ETH 2.96X
3. BCash 0.14X
4. XRP 0.79X
5. LTC 0.32X
6. Cardano 1.92X
7. IOTA 0.18X
8. DASH 0.08X
9. NEM 0.13X
10. MONERO 0.40X
11. BTC Gold 0.09X
12. Stellar 0.43X
13. EOS 0.25X
14. NEO 0.24X
15. ETH Classic 0.65X
16. TRON 1.6X
17. QTUM 0.18X
18. Bitconnect Scam: Gone.
19. Populous 0.005X!!
20. OMG 0.25X

The 0.24x on NEO means what? The entire returns since 2017? That's a big lie and not accurate, in 2020 I bought some NEO coins for 6$ each and I sold them for 118$ in 2021, how much return is this? Are you for real? The problem lies with those that bought at high price and sell at another high price not those that bought at All time low.