Bitcoin Forum

Have you ever supported, bought or mined a coin that died later on? Why did you support it? What did you learn from it?

I did twice...SIGT and CFD.  Taught me the importance of a good team.

Supported because of greed.  Flash growth blinded me.

I bought one coin earlier. Invested around 1700$ and devs left the project. Price dropped, but I didn't sold any of it. I wanted to sell at one point, but that would mean that I lost the money for sure, so I hold it more. After 6 months new team took the project and they started to developing it. I doubled my money (at one point it was 4x), but I'm still holding it. It's just started to grow. New website is coming out and other stuff and I will wait. I guess I was lucky that someone continued to develop, otherwise my money would be lost. It's not the lonely case of bringing dead coin alive, but watch out in both ways.

Yes, I bought very weak coins.
For example, POP, PAC, PHO, DIME, ZEIT. To wait for pumps. It worked, but profit was not always taken. In general, it turned out very profitable.

I supported Fantomcoin when it was dead, mostly because I had some, then I was unable to move then or do anything about them because the network was basically frozen. I think I actually lost them on Poloniex, it got delisted and I didn't get them out of the wallet. It's unfortunate, it would have been competition for Monero I guess.

I was going to sell them anyway, but like I said, the network is frozen. It's pretty bizarre when a coin dies, everything just becomes frozen like a frozen universe (some say that is the final fate of the universe).

Yes, without caring to name them, the ones I recall were all part of my journey into Proof of Stake coins. I heard about them in 2016, along with Bitcoin but it was only in 2017 that I tried to download some of the wallets and try staking myself. To be fair, only one or two have "died" in the sense that the wallet just stopped working with so many forks happening and the devs unable to fix it. I didn't lose very much since I bought them cheap. Lesson learnt: PoS isn't worth the time of the average guy like me.

No, I have no dead coin, or the ones I bought not dead yet and I hope that will not happen  :) but it is certain that even good coin will die in some point in the future.

I think most people have been subject to that. Sometimes there are warning signs and we ignore them or choose to ignore them. Mostly would be when they wound up being scams. If not then it would be when the team constantly over-promise and under-deliver.

We can learn from our past and try make better informed decisions in the future but it's likely that we'll still invest in some coins that fail, that's just part of the nature of cryptos. Just hope that the successful ones make up for the unsuccessful ones!

To be honest i have not invested in such a coin but yes there have been many coins that have forced me to wait for many months for even breaking even, some of my coins are still very low from my entry point but it is market, never regret.

I have never bought a coin that later died. But I have bought into a few ICOs that never actually turned into coins. Just apparently took all the ICO money and ran. Never listed on any exchanges or even coinmarketcap.

As a result, I don't participate in ICOs anymore.

I haven't. However, I really think that the higher the risk you will take, the higher the possible profit you will get. A dead coin can still be profitable in terms of trading since a lot of people doesn't even care and make their research before buying something. Some traders would even buy coins that has no function at all just for the sake of trading and income.

Is that coin by chance bytecoin? I think that the dev team eventually got their heads round the project and made a web wallet. Quite a good one.

I did few times and the feeling is not good.

Why did I support it? For the usual reason - I saw a potential in the project.

What did I learn from it? Actually nothing, because here we are talking for 4 ICO's in 2017 from 50+ and my ICO criteria remains the same. Just some projects are failing hard.

I used to often take part in airdrop and get the same coins that many bought. I can say for sure that 80% of coins were dead, but those ICO and airdrop who had a good team and a competent roadmap continue to develop further and their coins grow in  price. And if I bought 1000 coins from each ICO and airdrop, from which I received the coins, I would still have stayed in profit even with the dead coins.

I do support dead coin often, it's like lottery ticket you can buy them in cheap prices and sold all of them in bull season. but most often i use to buy potential projects that is why i love the crypto space, it's like a money heaven machine. Lol i recommend to buy coins on top 10 they are all potential.

Had an airdrop last year which had a value after it hit exchangers but it is considered as dead now since its developer run away, withdrawing everything on its wallet. I am talking about XMRG where it got listed on an exchanger and then gone. Why I supported it? Not really sure but I'm a hodler person so that's maybe the reason why. Good thing it is just an airdrop so there's no hard feelings.

Which one's were they if you do not mind me asking?

Sometimes I support. for example openanx and kickico at dead price. but I think that they will come very well. hodl is everything.

Yes and now we see many dead coins coming back to life with new teams, for example DIME is back with a new team, POP is back, PAC also so if there are a few satoshi lying around it wouldn't be crazy to invest in a few 1 satoshi coins.

I supported Letstalkbitcoin's own token, even though it was sort of dead.

I remember making a couple of bucks per day from using their forum to reap some rewards. And I learned a lot about counterparty as well. I thought that the price of LBC should go up sooner or later but I was wrong.

Anyways, now it's listed only on the counterparty DEX. What did i learn? All crypto projects, even though they may be hot, can die off eventually. There are always competitors out there.

I supported dime but im happy i only lost less 500€

I have a bunch of dead coins and it pissed me off everytime i remember that i bought this worthless coins. Some of them  i got from bounty while others i bough them on thier ico.

What a nice experience you have mate. It just to show that here in crypto world nothing is definite. We can't project the future, we can only speculate. In your side, you made the right move by allowing yourself not to lost money.

i don't know what supporting a dead coin means! but  i have bought dead coins or better said i have traded dead coins and what i learned is that even dead coins can be pumped and if you buy them at the correct time, you can make a nice profit from their pumps.

I've mined coins where the dev disappeared for over a month or more. They later ended up coming back and I made a pretty good profit off of it. Don't think I have ever mined a completely dead coin though. Seems like a total waste of time.

Bitcoinnect still has value https://www.coingecko.com/en/price_charts/bitconnect/usd
Coin that is dead becomes too cheap that it becomes nice to speculate again

I guess i haven’t yet. I am not in this business for too long so none of my investments is dead yet but i think it can happen to anybody. Market grown a lot and there are hundreds of coins around. We can’t make the right decisions every single time.

As for me, many invested in doge and where it is now. But this was the only mistake, and now I'm not investing in shitkoins, but I'm looking for very progressive coins for my portfolio.

Yes. I already did so many times, specially those lending coins before, they are really shit coin. I really don't know before, I keep joining on every ICO that is their project is about lending platform. Now, I realized that most of those are scam.

Cryptocurrencies that failed to take off, which were scams or experiments, or which otherwise are now deceased,i think that is dead coin. Luckily in my case,i've never supported any dead coin yet since i start joining here and participated ICO project's. But i saw a lot of dead coins that are resurrected,one of this are Reddcoin. Which emerged in 2014, offering a couple of interesting features that not many coins were offering. So it seemed that there weren’t many people interested in this currency, so ReddCoin literally started to die out with its price representing how insignificant this cryptocurrency appeared to the market and cryptocurrency traders.But this coin has luckily turned the tables last year which experienced a significant increase of its value, reaching the marvelous 500% of increase.

yes i did and still having my Zeit!just waiting for the right pump!

If it's a good project and its management wants to rebuild it, I'll support it. But you should know that rebuilding a coin is dead is very difficult because there will be many investors do not trust it. So you need a clear strategy and plan if you really want to rebuild a dead crypto.

I have some coins that I have mined. I don’t know they a dead coin or not but the price going down very dip and I’m holding it until I’m get profit from them. A lot of people said that holding it and of course hopefully can to the moon maybe 6 months later or more. For me it’s no problem because I’m new on cryptocurrency.

The dead coin should not invest. And I think there are many people who have the same opinion as me. a coin is dead to rebuild it, this is very difficult. If you invest in rebuilding a dead coin I recommend that you invest that money into new ICO projects.

No I didn't. I buy only promising alts and some called shitcoins but has a community behind them that makes them worth trading. No use of a dead coin. Invest only on great ICOs and good alts.

After the airdrop of Rydberger i buyed a lot of it. They want to make a decentralized exchange. They announced a lot of partnerships which a lot of coins which will get listed there. But you heared every week less and less from the dev. Since 3 monats it is totally silenced. Looks like the dev just stop to working on his project. which is a pity, because the whitepaper and the idead of the project was very good. If he didnt quit im sure it would be a success.

But which coins were the ones that died in your hands, even if these came from an airdrop and all that. An airdrop also requires some investment, even if it is your time.

My first coin in Crypto world was PLX / Plexcoin. Maybe Scam. SEC blocked all founds and Trial is going on.

I learned risk management and that even a dead coin in crypto can earn you big $$$ if you play it the right way.

Yes i do, i used to support a stupid coin call unixcoin and all stuffs it bring to me are all about scam.
I don't know you even try or not but it's really disappointed when you know you're supporting a dead coin, a scam coin.
Sometime it does works if put your efforts on a dead coin if there is exist a huge comeback but seems like i never hit one.

There is a say among the traders that goes "in the long term, we will all be dead", I think it is from some famous economist. The question is more about coins that are already dead.

dead coin ? yes,a lot of them.
even a half-dead coin,
the biggest mistake that i ever made was investing my money to voxelus project which was lead me to -70% loss in total.
another one called cube project or something like that.
from that point i could see,
we can not blindly believe them and we need to make our own research.
even though nothing wrong with it based on our research we should know that everything can be happen with it tomorrow or today,
also,an existing project can not guarantee us anything.

When I started in the crypto world I bought several coins, created several projects to make big profits, I created strategies and concepts thinking that I would win, I will not mention the coins here because of ethics, but 70% of what I invested, it was deads coins with no future, I regretted a lot. My learning in this situation was to properly study each project and to be attentive to the fundamentalist news and to study and analyze the graphs.

That might be a pretty good idea to be honest, takes small amounts of money, and can yield outstanding incomes. Might try it sometimes, for fun 8)

Many times over the years :)

Sometimes just for fun, sometimes because I like the dev team. But fails are inevitable with 2000 coins around.

Never put more than you can afford to lose on any coin.

All of us do not want to fail nor support any dead coin. But unfortunately some did because they are not aware that it is a dead coin. Me also i got a dead coin from airdrops, but i never received dead coin from the ICO bounty ever since. For you to avoid supporting dead coin, you should choose those who are very popular and more investors who are investing because dead coin will be dead if no one or less are investing from it.

I have supported dead coin once it is shadowcash and i am not down because of that death coin. Because i always put money i can afford to lose. My other investment going 10x thats why we need to devirsify our investment. Sometimes we invest on stall or fail project and sometimes very good project which can gives you at least 10x ico price.

I've done very old times, when I first joined crypto I spend 2 BTC total about $ 700, I feel bored BTC trading because the price is stable for 2 months.
and I tried to put 1 BTC in the coin with high volume but with down price. i buy that coin when chart -80% from market .im buy 1 BTC + and then
tomorrow the price is going down -80 again and the next day -60%, that's my very bad experience. and stupidly ane still defend them in ann thread and give a sweet talk to investor to keep hold. and in reality the coin is already DEAD.

I have never supported a dead coin, fortunately all my coin has a good price and even they are volatile, they still in the track. I will try my best to avoid dead coin or probably will be a dead coin, by learning deeply about the dev's and the project.

I buy altcoins and perform bounties of companies of various projects! And all the coins that I receive, I do not sell, but keep them for future growth in them! I do this, because even if I sell these coins, I will not make a big profit! But if they grow in the future, then it will be a good income!

Yes, I ever bought a coin that later on got no value, and not once but a lot of time, that is the risk of buying ICO or alt coins, sometimes the alt coin can give you a lot of profit but sometimes losing money, but since the alt coin that I bought is cheap so I don't really care, I learn that I need to find a lot of source to get the right coin to invest

Many of us are afraid to support coins that are very cheap or suppose it is dead coin, but for me it's an opportunity and to everyone to buy. Example, Like as doge coin the value dropped 17 satoshi last year November 20, 2017.  Which everyone thought it was a dead coin, But after two months January 10, 2018 the Value has increased to 105 satoshi and now is 58 satoshi.

That was so hard for you.. I admit that you were just lucky with that but some of us just listening to some ambitious developers with no progress of their coin and we all look like stupid. Its better to identify the team first and its marketing strategies and the most important their releasing product that we could assure that our investment will grow 100%.

Well I never really invested on somekinda dead or halfdead coin in the market. Those kind of coins are actually hard to find, isn't it? you need to look for weird unknown exchanges. I always use better exchanges from polo to bittrex to binance and none of them have dead or half dead alts as far as I remember.

Depending on the coins but I think it is not worth 90% of the time unless you are full time crypto trader or in pump and dump group since you will never know when death coins will pump again and the pump only last few hours to one day. If you bough death coins because you still believe in the project, I think it may work but it is more like gambling in 2018 since we have almost 2000 altcoins unlike in 2015.

I invested in Bitconnect until they turned my $100 into $3

Yeah its a good choice those big exchange avoid all dead projects and they delisted all no future coins. We can assure on that way that we were not fall on some dead coins. Unlike the etherdelta always being crowded with all dead coins.

I do not support dead coins, because I carefully analyze the prospects. Dead coins are usually created without sufficient training and awareness in the field of crypto currency.

Now you know how important is the team should have good team of developer.  Dont miss it again.
I know also this is very important but sometime very difficult to filter which one is good

no way. once the coin is dead. that means it will never come back to life. No matter when you pump it. it will still die. so i will not invest and support

Yes this coin: https://bitcointalk.org/index.php?topic=2984001.0 (https://bitcointalk.org/index.php?topic=2984001.0)

It is a sad thread, but useful. Never heard of dead coin. I usually consider btc, eth, xrp.

Nope, getting advice from friends who are into this Crypto world will guarantee your success (60% success), don't push too much on your self-thinking if this coin has future, if this coin is real, if this coin has a chance, if this coin bla bla bla... get some advice first!

Well, I am glad you have friends that are better informed than mine, because as far as I am concerned, mine have plenty of info on the latest brands of beer, but not much more.

Yes, i have already support 3 dead coins (Royalties, Yoshitcoin, Verecoin). I didn't buy them. But i have mined them.
They will stay dead i think.
Royalties is still traded, but the blockchain is dead...

People who do not sell such coins always hope to rise that there will be developers who will undertake the project and it will fly up again. Unfortunately, this is rather an exception to the rule.

I have not supported a dead coin, but I know that a lot of people support dead coins because they are holding a lot of the total supply. These guys are mad because they are talking about a good coin but it is just a bad coin. They only wanna make some fast profit...

there is some coins that raise from long dead stat to rocket to sky , And there is coins where dev team left and community had to take over and went from nothing under 1 cent to 30 dollars like Rai block which I have hodl my coins would have been really rich now  ;D . Sometimes support a coin that you believe in when everyone else leave pays and when it does it pays off really good . 

There are a few times I supported dead coins. However, I was smart enough to get out before suffering a huge loss. Right now, I understand well the blockchain as well as other coins. Therefore, it is hard for me to make a mistake like that anymore. Currently, I support ethereum, ripple and NEO

 yes, i have it, because i see the roadmap is good
i bought some dead coin on exchange and keep it for long term
i hope the price will be great in the future, but when i check it, the coins was die 
i learn a lot from this,,

On all the years i do involved in crypto this thing cant really be avoided which we can able to purchase coins without even expecting that it would die inspite on having a very good white paper? Its possibe anytime when developer itself into that project would leave it and jump into another one. This scenario is common. Supporting it on the very first place would have lots of factors where we do base. Either with our own knowledge or being influenced by fellow investors.

I've never supported for a dead coin :)). But I think there are a lot of people did it cause they think these coins have good potential in the future so they supported for it. Bitconnect is an example for this case, it's a cryptocurrency created depend on leding system. I already knew that it'll become a trash coin very soon but there were a lot of people still support for it cause they just wanna earn easy money :))

So far, this has not happened to me but only because i'm not here long enough i believe.
Let's see when it happens to me.

Yes I ever bought several coins that got no value after a while, with a good promotion team and good vision for the project, I tried to invest in the coin but it turns out that the developer could not fulfill the promise, so they abandoned the project and the coin directly plunged down to no value

There are coins that has a good idea and when it will be implemented it would be helpful to its target market but then it cannot be avoided that the developers won't be able to keep their promise. I hold some dead coins too but I did not bought it but instead receive it through bounty campaigns. It is just sad the projects were abandoned when it would have been a good idea but it wasn't able to attract more investors and the team lose their dedication. I hold several coins that has no value now.

the dead coin depends on the developer. if they are serious then the coin will not die either. and it could be the problem is in the chaotic financial management and minimum funds

To be honest I never did that. I think that it will make us uncomfortable with the investment we have. The price of a coin will be very calculated, even when the coin is dead it will be very few enthusiasts. It's a very cheap price, but what it means when we just get a coin that has died and we may just hope that the coin will rise. Logically it is a thing that has very little chance, believe that buying a coin with good credibility is a top choice !!!

I haven't heard this coin before because I'm always focused on bitcoin and ethereum which has high value or price.

dead coin is already dead in Crypto market so no one is discuss this thread. But recently again some peoples are creating the spam posts so just avoid this non sense in future.
This year many good growing Cryptocurrencies are enter into the market so we should think future invention.

I think in cryptocurrency, when it comes to issue of coin, many people have made one or two mistakes and they have learned from it. When deciding on investing in a coin, sometime, we are not so patient to do all necessary research and hence when the coin does not survive the market, we lose. I have once supported a coin and that was when I was a jr member and the coin later disappointed me because it did not meet up to expectation, but thank God today, I am making good moves with my coin.

To be honest, I did previously when im newbie here in crypto. I feel disappointed because after all supporting and trust to this coin the developer and the social media accounts are gone so that I felt sad. I do one mistake and never been happened again. The lesson I've learned here in crypto is before investing in some coins better to do is to think many times and get also an advice or suggestion from our friends who are related here in crypto

yeah, i supported also a coin but after a month it become a shit coin. like ZDR, STK, and also KCH. so i decided to hold it and sell if pump.

It happens with almost all of us. I invested in few that died at later stage and the reason I invested was there promising team, roadmap, and whitepapers.
But this didn't stop me from investing in new coins.

I've supported and mined Heavycoin from its first day until it has become too difficult for me.
Back then we had the impression that everything a new coin needs for a breakthrough is a new and better algo. We were wrong. I still have those coins.
However, being there in the first days a coin is launched and mined is quite an experience.

unfortunately yes. I was so silly to participate in pump via telegram signal. I bought dark ether ( even don't know what is that) , pushed on buy button 3 times instead of 1 and then price dumped like 4 times.
It was a good lesson for me, but I have to overcome it

once I tried to support dead coins but what I did was a waste of time, so after that I never again tried to support dead coins.

some cheap coins don’t mean that they are dead coins. One dead coin is Doge, no future coin, doesn’t develop.

piedpiper from siliconvalley https://www.coingecko.com/en/price_charts/piedpipercoin/usd

No, and I hope I won't. I use plenty of reliable source, read the whole documentation of each project I invest so so far the factor of luck has been minimized. :)

Never have such experience either but you been new to the Bitcoin community and cryptocurrency doesn't determine you investing into dead coin cause I have seen a lot of newbie which loose their investment cause they invested into wrong coin. However, the only thing that will save you from been a prey is to ask question from people before making any investment.

except few names, rest of all has made mistakes and this is very normal because as a human it is not very likely of us to take right decision or stick with the right decision. Dealing with such a volatile market is definitely not a child's play. But if someone does a good research about his coin and the future of digital market, the chances of his making mistake will decrease tremendously. I would also like to wish you luck with your coin.

Very hard to abandon project in that you believe and invested own money, so I had such experience. I learned that we all make mistakes and should not dwell on dead projects.

From this we have learned that any coin can grow and any coin can fall if it has a small capitalization.

As I participated with different projects in bounty campaigns we can't predict that coins will be dead or not, that's why right now I am still holding the sgg coin I had even though the project still has no updates of their community. I was still hopeful that one day the devs will see another potential for this coin to grow someday. Its been almost a year since this coin was rewarded to me, but no further signs that this will show signs to rise or pump or be exchanged at other popular trading sites.

Yes, there were some coins I bought and lost too much money. In return I got more experience. I try to not make same mistakes again and again. It's an expensive experience though.

I have in my piggy Bank there are coins that seemed good at the time, and then just died. Why this happened is unclear, but fact there is fact.

If you are there in the world of the crypto currency, then you cannot expect that all the coins will be equally good and profitable. There will come certain situations when you might experience investing your money at a wrong place which will then result in loss of money as well. You need to make the right choice and that you need to study well before choosing any of the crypto coin.

I highly believe that most people here on crypto do really experience this matter which it is inevitable thing because we wont able to point out projects if they would die or not on next days or months/years to come. These kind of mistakes do happen but we should move on and let those trash or dead tokens to be kept in our wallet. Who knows? that one they would come back to life and you might able to get some profits with it on least expected.

You maybe pointing out coins that's already on exchangers yet has no sign of success but to me dead coins are those made out of scam. Before they enter trading sites they are already dead.

You will face certain situation when you will feel like that you have invested your money at a wrong place and that it will result in loss of your money. To stay away from any such situation, you need to be very much careful while making any of the decision and that you need to make the best possible choice so that you may never experience such kind of thing. Study well and only then make an investment.

I've had it before, and it cost me dearly. Because of my greed, several Eth became foam. I learned to sell as long as I made money, not to be greedy.

I've bought coins that have plummeted in value and never recovered, these are as good as dead coins even though the project is still active! One example is Monetha, has a lot of potential with a big development budget but it can't seem to create demand. Just holding and see what happens far in the future.

Till now i didn't show any interest towards dead coin because I don't want to risk my money on dead coins. So we have to be very careful when dealing with these shit and dead coins.

Yeah, I've supported DETHEREUM, I didn't know nothing about this coin, it was something like pump. Yeah, one of my friends recommended this coin to pump and I lost my money on yobit. But it was something like experience. At the same time I knew that I probably should lose money, but I've tried

Not yet, but unless you avoid altcoins completely at some point you're going to do it no one is perfect and at some point you're going to make a mistake and support a bad coin, after that happens to you the first thing that you need to do is to reevaluate your strategy and see if you have made the mistake of support some altcoins that eventually will have the same future.

i think that we all did on the past, just like it happened with dogecoin when it dropped by more than 80% during the last few years (it recovered during the last december but that is not that old)
There are a lot of other coins that i used to mine on lately 2015 that are now dead.

on my wallet there are a lot of coins that can not be realized, because it was not from the very beginning were doomed to failure. And maybe some developers have made a choice in favor of their own benefit, and not the implementation of the project. I want to name such projects as Monkey and Danero.

Of course it happened. You can never be sure what happens to the coin you buy. Sometimes it fell to the bottom and stayed there.

Wasn't sure if these some of my coins are dead coins. I picked them from an exchanger trading site. They call it shitcoins. I haven't seen any development on them for a long time. Hoping they'll be pumped up sometime.

One of my first dead coin is a VIDZ. This coin becomes dead after team break. One member exit after big pump. And other member ends support soon. I watch for it sometime after. But I saw slow death on market. And yes, I don't support such coins. Life is too short

I did invest on a coin that was once full of life and gave high rewards where I gained profit, DVRS is one example. BUZZ don't have any movement for the past few months so I considered it as dead coin but, just today, It is currently one of the top coin being traded with 50 BTC volume as of this writing. The core upgrade scheduled within this month could be one of the reasons why BUZZ is starting to make a noise.

I remembered before I invest to the coin that the price is very low or possible to become dead because they at lowest price which is 1 satoshi but after few days they increase and I get more profit with that coin and that's good why sometimes I invested to the altcoin who possible become dead.

Dead coins are true and we all want to avoid this but there really are times that we will have a bad luck but we need to learn from it. Supporting a dead coin is iust as good as scam.

Eventually, I did with a couple of coins I did not mined them but I bought them during my initial days of trading, I did not know that we need to cut losses at a certain point if the coin is not doing well. so I bought the coins and had a target of certain % of gain on them but that never happened and I am down 90-95% on those coins(they have literally died). I don't see any point in selling them now so they are with me still reminding me of mistakes and not to commit the same mistake again.

really sir what you think, the price of crypto coin is not stable and surely we should always monitor the price and developments about the coin that we have so we will be able to satisfactory results.

I don’t think so that there is any significant point of investing your money in coins which don’t have any kind of future as investing in such coins only mean that you are going to lose your money. It is better to think well before making any kind of final decision as this choice of the coin is the only thing which will then help you in having the right amount of money. Do not take any such risk as it can result in loss of money.

No because it involves so much risk there is no assurance that you can get your capital after how many months it's better to support a solid team and coin

Yes, I did when I initially joined crypto but have learnt a very good lesson from it and it has helped to to always make very good research about a coin or project before I invest in it to avoid loss and waste of time.

Often? Really? I never support them because its most likely i will loss anything because its dead and very risky.
I prefer have to choose feom popular coin. Smaller profit but is more safety. However its your choice to make decision.

I have not get trapped into such a situation and hope the same continues in future because the feeling you get after that is very bad.Sometimes we know that this project is not good and not going to successful but still out of greed we get influenced by that and get struck in dead coins situation. So its better to look for a sound team with good backup and coin with many utilities.

So far i haven't supported dead coin. But i agree to the fact that i dead coin are real and it is inevitable.

I did once, the project and the team looked good. But after ICO, they just continued to develop their product and as that was a security token, the dev team have just forgot about their token. Well at least I still like their project. So it is not as bad

I have definitely been stuck holding the bag on a dead coin a few times. Kind of part of the risks involved with getting into new small projects. Sometimes it works out quite well, other times the coin is de-listed from exchanges and becomes virtually worthless.