Post
Topic
Board Altcoin Discussion
Re: Some projects are fated to doom?
by
magneto
on 30/04/2022, 23:22:21 UTC
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.

Oh yeah, of course.

The best example that I can think of is probably Steem - they had an awesome team, a very experienced leader, but at the end of the day because of certain events that were outside of their control the entire ecosystem was completely dead.

Being successful in the cryptosphere does not just depend on hard work, or quality of ideas. It also very much depends on luck, which not all teams have.