Post
Topic
Board Altcoin Discussion
Re: Thoughts on the Next Crypto Opportunity
by
Blitzboy
on 12/07/2023, 08:50:19 UTC
For me, I can see the next cryptocurrency opportunity is a "problem solver".
A project that solves the problem. Most of the cryptocurrencies we have right now are don't have yet any working product, or still not used in real life which for me is a red flag.

So my recommendation is a type of project that already have a "working product", good tokenomics and it is solving a real life problem.
I've seen projects in the past that has a use-case that's very beneficial for us.
The only problem though is that, either they have a small community thus, it failed because of lack of support, or the project rug pulled including the money that they have.

I believe that in the future, there will be projects that will be beneficial for us in our every day lives. I don't know what, but I believe that there will be. The problem with some projects right now is, they are focusing more on the money than on the project. We've seen projects that are asking for money towards the investors, and in return, they will create and develop the project. I mean it would be better for us, and for the developers if they will create the project first then ask for money to us investors. I just hope that there will be changes in the future.

Unlike the original principles upon which Bitcoin was founded - namely, the desire to address a problem and produce something of value - our current era is characterized by a "money-first, project-later" mentality. Its disappointing to see initiatives put less emphasis on fixing the issue they were created to address and more on promoting their ICOs. Unfortunately, the ones with promise are often overlooked because of competition, or even worse, rug-pull situations.

Still, we mustnt give up hope. Just as Bitcoin emerged from the ashes of the 2008 financial crisis, so too will enterprises that are dedicated to actual practical use. It is up to us as a community to back these efforts and make prudent financial decisions.