Post
Topic
Board Altcoin Discussion
Re: Has Crypto Lost Its Way?
by
taufik123
on 08/09/2024, 17:52:43 UTC
-snip-
Huge portion of all the icos seemed to be either pure money laundering or a scam.

And even though i was very active at the time looking at those icos, i only scratched the surface, so i missed a lot of them.
It will always happen anywhere, and it depends on how the project is done, but some ICOs give me hundreds or even thousands of percent profits when coinciding with the Bitcoin bulls at the time.

It is also not easy to find an ICO that has a clear vision and mission and is not just abandoned and becomes a field of fraud and money laundering.
There are more projects that have good innovations and are successful at first, but when there is a lack of developer interest and no more funding it will probably be held back and resumed when it gets more investors.

If you miss a lot of ICOs, it is your choice, but just follow enough ICOs to make the transition to other models such as IDOs etc.
The days when it was easy to make money from a new project.



-snip-
So crypto still on the way to rise and it is wait for the right time. People will see what will happen to crypto so maybe there will be an explosion from crypto in the next year.
That's what everyone expected, The crypto boom that will make history for crypto like Bitcoin reaches a new ATH and more and more mass adoption is happening.
Just have to wait for the explosion to happen, now you just have to get ready and fill your bags with BTC and your favorite top altcoins.