Post
Topic
Board Altcoin Discussion
Re: Some projects are fated to doom?
by
Japinat
on 24/04/2022, 19:21:04 UTC
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.
Well, it's always hard to invest in crypto due to the fact that all the possible outcomes are still uncertain. You cannot be sure of a certain project even if its started with a very high potential and the community is very strong. This makes most of them still end in failure, not because they don't have long term vision, but because they end up with useless tokens that makes no use in the community.