Hi fellow Bitcointalknaires, to all this who have been here before me and those who have been investing in crypto for the past years have there been any cases of projects with a good hardworking team that give their best shots and yet the project still fails? Tell me one project that face this same fate.
Indeed there has been a lot of projects in the cryptocurrency market which people believed would be successful but they ended up failing. We can’t really tell what could have led to the failure of all these projects, because we are not part of the team we are just some outsiders who are picking up interest in the projects and investing in the ones we believe in.
For a project to fail, it is possible that one thing or the other must have triggered what led to the failure. One thing which is likely to lead to a failure of a cryptocurrency project is inadequate resources. So most of the time, the team can be hard working but due to lack of the resources that they need to keep the project going, they might end up giving up on it which leads to a failure.