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a huge number of altcoins neglect to arrive at the purpose of accomplishment, even the tokens that you hold right up 'til today are progressively useless.

Investing just in the best 10 coins marketcap as I would see it is good for the future, particularly bitcoin (in light of the fact that this is the principle). Invest shrewdly and begin trading in the event that you have seen cautiously.

I don't trade ordinary due to loses, at some point the market is simply terrible and vacillates a ton however I like trading when bitcoin is bullish, most occasions I generally win

It's because majority of them are just clogging the crypto space, unless token or utility, just a copy cat of previous success projects. So obviously, no originally and investors are very smart now not to invest on such projects.

So it's better to just invest on the top 10 altcoins, most of them are prime movers so that alone is one reason they are still in the top and the rest are just copy cat and being used for pump and dump. You may even hear that this "x" token is the killer for this "y" crypto, nope not gonna happen.

Pump and dump scheme, never been a better reason than that.


That's why they are on top, because they are the best and simply have a better use as utility or have real life usage.


Of course who wouldn't want to trade for loses. Good for you, because when Bitcoin is on a bull run, most of the coins followed suit because majority are being paired on BTC/X coins.

One of the best to scam people these days in cryptocurrency are creating their own altcoins, it's purely hype. Some people or entities are doing for aged now, they know how it works. That's you see a lot of new altcoins are become worthless because they are literally scam. Some people behind on some shitcoins may be the same all over the time, they just create another shitcoin to scam again, just like cycle.

If these altcoins are becoming worthless after just a little time, this only means they were worthless right from the beginning. That is the reality. There are so many altcoins which were marketed as if they are so innovative and promising and yet they are nothing but sugar-coated shit. They are only good as per their marketing and promotion. The developers only exert effort in that particular phase because they want money. After they got the money, they will leave the project stagnant to die.

There are many reasons but these are some of them.

1. New projects or altcoins aren't really intended to fulfill its use that has been shared to the investors. It has been created just to scam those investors.

2. Pump and dump scheme - Many developers have done these or I should say that as the token has been listed on an exchange, developers and exchange owners will be the ones to sell the token causing the price to plummet immediately.

3. Lack of community/support - most of the token that are being created don't have any support from other investors and because of this, it is ending up being a dead coin.

It's just that, it's so easy to create an altcoin because there's already a lot of open source projects out there, you only need to modify it a little bit, change then name, and you got yourself an altcoin that is worthless. Most have initial good start but that doesn't really mean much if they all have the same features. So you got yourself some worthless altcoins.

Majority of these coins are intentionally creating coins and launch a crowdfunding just to make money, they do not have anything to offer to the community, their platforms are useless, and copy paste of dead projects or imitation of existing projects, they cannot keep up with the competition and when they lose their liquidity, the team just vanish.

Most investors take their profit if they don't see any long term potential in a project. Some abandon the project once it's the price starts falling. Some developers don't really intend to deliver a product but to take profit from a project. There are a lot of reasons why most projects die early, this all falls on how the team handles everything, marketing, project development, and how transparent they are to their investors and community.

The reason why altcoins become worthless after a short time is because they are in low demand in the market and there are many tokens that have no value many investors have been hurt so both the demand and the price of these altcoins have been declining over time. Bitcoin is currently in a good position in the market its value is much higher and the investment is making a lot of profit even if the price of tokens goes down, the price of bitcoin will not go down much its demand is always higher in the market.

altcoins are quite weak if the market suddenly worsens now slowly top altcoins have been rising slowly and increasing slowly and it is very good at this time many traders are waiting for a good time like this because there are so many opportunities to make a profit and it has made people convinced about trading in crypto which is getting better now altcoin prices are so good.

Yes, when a bull runs, it is easy to win when trading spot, but not always the top coins are growing with Bitcoin. As Bitcoin surged from 13k $ to over 18k $ caused the top altcoins and tokens to be sold off strongly, and so for safety we should only trade Bitcoin or hold Bitcoin. In addition, altcoins also need to have news to fly high, do not be too subjective when holding top altcoins as it can all drop 50% when the bad market returns.

Because so many altcoins were created for no real purpose so they will lose its hype after a while so investors also will lose their trust and sell their tokens to buy another new coin. So you need to buy coins only if it has real use case and it should be unique as well.

Of course investing in coins that are in Top 10 marketcap are much safer than Alts
One of the reason why Alts is becoming frenzy and flooded the market is because of Token Standards on Blockchain
For example on ethereum, we had ERC-20, ERC-721 and more
This means that people don't need to built their own "Ethereum", they can just create their own alts as an ERC-20 on Ethereum instead

Pros and cons does happen in every scenario
Creating Crypto become easy which is good for saving developer time, but also ease for scammer to scam people who don't do their own due diligence

This is the reason that users who have been holding altcoins should just sell them now, convert your investment to BTC or ETH.  Hard to say whether your altcoins are going to have value. Trading BTC is just worth it. Institutions are buying BTC and its all they prefer to invest not altcoins of some kind.

Some altcoins couldn't really bring people into getting interested with them or in short their project's concept or purpose is not good enough to make people interested therefore they might succeed at the early phase of fund raising through IEO or ICO but couldn't afford to make their price increase but instead their token get dumped because at the end of the day no one really interested.
This is why when it comes to altcoin so many people recommend you to investigate or atleast learn about that specific project deeply so that you won't invest into a coin with bad prospect.

Scammers wait for hype trend and pop up with their new altcoin projects that are simply clones of other coins. They clone from each other and their coin or token tickers are clones too. The greed of people as basic human instinct help scammers to get success with their scam projects.

When you lose money for scammers, you can only blame on your carelessness and your greed. Warnings are useless even they are in front of your eyes if you are greed and ignore warnings.

That's what I always advice on newbies and even old ones. It's not like that I hate new sprouting alts so much. I just choose to stay away from them because I know that the risks are even higher. However, not everyone got the same mindset as me ;D but I can't blame them tho. There are traders who really are willing to try experimental things in exchange of possibility to earn bigger. Well, good for them if they made a 3x to 4x profit but they lose more often and that's sad to know.

So if you are not sure on the project you are entering then better to stick with the proven ones. As simple as that.

We have too many repetitive projects this days and investors are tired of such projects and some have bad utilities too, the truth is not all utilities are needed on blockchain, these use cases works better offline, they will always fail to raise targeted funds because of lack of interest

did you saw how roadmap looks like? between first and the last milestones can be minimum 1 year. or even 2-3 years. any buisness needs time. befor projects launch price can fall x times, rise x times and fall again. and vice versa. it is normal.

It's more safer to invest your money on old altcoins but we can't deny fact that some new projects are very good too, the reason why many altcoins failed after some time is because the team aren't professionals, even if use case isn't new or there is many competitors already it won't stop be project from been successful, lack of pro teams easily kills any project

Altcoins do not form the basis of crypto space. It is just impulsion that is created as we had chance to do so over blockchain. Over the time it became apparent it's just model to lure people to invest money and gain profits. I'm talking about the project makers and not the investors. These people gain huge money, and that's the only goal they keep in mind.

Gone those days of making perfect plans, roadmaps which had actual targets.

Moreover, I don't see any connection between altcoin investment and it's principle relationship with the bitcoin. It will be an independent entity always.

Because most of them either copycat of other project or they don't offer anything new to the community. In the crypto space, only unique and strong projects can survive which has a real use case. Also, there are so many scam projects that's intention is only to raise funds from investors and then exit scam. Some project dev team left the old project and investors and start a new one. That is the reason there is so many dead projects.

Top 10 altcoins on coinmarketcap is the safest investment option for new investors and old investors, anything under top 10 are more riskier, if you don't know how to spend time on new projects its smarter to avoid new projects because 80% of new projects are just copying ideas of old successful altcoins

New projects are failing hard because they have unqualified developers pretending to understand how blockchain works, they are just here to make money, since it's very easy to build tokens today using ERC20 smart contract everyone wants to be developers and they only have same use case as few successful projects

Most of the tokens had no real use and were originally created to raise money from investors. After the team receives the money, they stop working on the project, because they have already achieved their goal. Therefore, it is better to invest in projects that have been operating on the market for a long time.

New projects like copying contents from successful projects, creating many new competitors against a successful project with same use case, for example we have Chainlink that's using Oracle data and now there are many new chainlink wannabes in crypto space, coming up with something new or bit better to challenge chainlink, this isn't what we investors need, we want something fresh and new out of the box

New altcoins are unreliable, not always good for long term holding because they always have good value when they get listed and trading starts but as time goes on they lose value, I prefer taking my profits when available, the reason why most new projects are like this is because of the teams, they have less experience about crypto and blockchain

Most of the projects are losing their price in the near future also because they have unpromising prospects. the point is, the project is solely used for bonuses, or other things. After the project is run, most investors sell their assets and the project loses its price in a short time. this can be overcome when the team has prepared for this situation, and developed the project gradually.

Many new projects failed in short time because

1. Everyone wants to build tokens without proper knowledge about how crypto works
2. Teams intentionally create pump and dump projects
3. Lack of good utilities
4. The team planned to raise money for development using small exchanges and in return the token have no good buyers

because of too much productions that most of them are ended up being misslooked by the investors and the sad part is there can be quality altcoins that are being included on this .
how do you know that tokens that people hold are now becoming useless when in the first place most people here only invest on the coins that have real potential .
 you mean those people that knows nothing but greed and are only investing on what is on trend because those kind of coins are the one that can decay overtime .

Either high quality projects or low quality projects dumps will always happens, if the project is good enough it will recover after every dumps and if the project is bad it won't recover again and there are some projects from con artists that are intending to just pump and dump on investors, do your own research very well before investing on any new projects, stay safe

first reason selling tokens every crypto traders are holders doing are thinking getting good profit it's main reason who are holding theretoken are selling are invested giving good profits tokens it's a reason next one panic some holder selling token different people are Panic they are thinking price well doing to be down things selling there token then price is down somany people doing this now tokens worthless

For me it is because of HYPE, there are now a lot of data and history wherein a coin pump after it got listed then suddenly after few weeks a massive and consecutive dump will happen. It is the reason why I want to trade a establish coin first for me to have a data that I can use in order for me to analyze and for me to create a good planning to anticipate the scenarios that may happen. I focus on altcoins that have potential where it cannot considered as shitcoins because majority of the altcoins nowadays are really do not have value where in it is hard to enter and to exit in just one trade.

Investors are quick to dump tokens they are holding once they see that the project is not moving at all or they are not getting profit, investors always move from one project to another they do not have focus on tokens they are investing, they always on a look for the new best coin or token in the market, if the project cannot keep up, investors will leave them and the project eventually die.

Projects that died in a short period of time lacks what it takes, the fault is mostly from the team, if the project use case isn't good enough the team can still come up with new plans to make things better but majority of new projects today are only after investors money

You're right there are so many Altcoins that become worthless after a little time because they belonged to the hype project. It doesn't matter for them the real usage of the token they just go with the flow of hype to make or raise funds. So if you stuck with this kind orf project you will just lose everything.

Yes, it all comes from the project team, because they handle everything in general and specifically, so that when the project dies in a short time only the team knows the key, apart from them nobody knows.

It is best to be careful when investing a certain project since these days a lot of new created project and become worthless. They are existing altcoins just to hype so to be safe and less risks better to invest on top coins in the market. And invest with real use case project that can provide to the user.

Almost all new projects have same repetitive use cases that's why the failed to be successful, once a pro dev release a new use case that we haven't seen before you will start seeing copycats with different names but same use case coming up, there is a good example for this, we start seeing multiple DeFi projects with same use case after the hype begins months back, same yield farming and lending use case over and over again

You can try the future trading if you wanna get profit not only when bitcoin bullish but also you can earn profit during bitcoin and altcoin down. I think many people only active trading when getting market green and bitcoin touch higher price, why not to try for investing only when you want to active trading after bitcoin have higher price, you get double profit when investing during market still red with many altcoin option have lower price, when bitcoin growing up altcoin will allow and you earn much profit with investing during trade only when bitcoin have good price. I think you can make your assets as investment for the future or waiting only bitcoin have higher price, when correction you can sell and try to buy back after touch support price for bitcoin or altcoin.

And it seems to me that a good project will be able to realize itself at any time, no matter what the situation on the market is!

The roadmap is very influential, I myself see a good project from a roadmap,
if development is in line with the roadmap, then the altcoin is still very worth investing in,

The simple answer is that such altcoins suddenly become worthless because they were actually worthless right from the beginning. The value of a project is most of the times judged based on the strength and uniqueness of the idea and the expertise of the owners and the project team.

In this industry it has become very common to see projects coming from everywhere as a copycat of what is already in the market and handled by a team that know little or nothing about the idea itself and how to manage the project. Every great coin you see out there, check out the idea behind it and the team that manages the project.

Most coins and tokens become valueless after their icos due to many reasons and factors, some main reasons for that to happen include:
False claims from team.
Tokens sold by team even after ico on exchanges will keep the price down.
Low or no development.
Listed on low quality exchanges with no volume and no buyers.
Loss of interest from community and team itself.
Regulatory issues.
Project team fails to apply any strategy to create demand for token.

As stated many a many times here and other places that all new projects are risky, they may or may not deliver what they promise after the ico so if someone is not ready to risk their money they should not invest in new projects because most of them do not deliver what they promise so their tokens become worthless. For low risk try to invest in bitcoin and eth only.

It is because there are many new projects that only exist because of hype, they created projects based on hype and after that, the team leaves the project and don't concern again about how their coins are, whether they are listed or not yet.

It is always like this. Some altcoins are worthless, which means the shitcoins, we just see it like something trash that I really want to throw from my basket.
But, you know, some altcoins are also big deals with great increase. Currently, some of them experience their season, increasing by more than 20% every day of their price. having also followed BTC bullrun. We can see the data on the market tracker,. they are growing.

However, about shitcoins itself, it is sure for us to be more and more carefully before investing, whether the coins are really worthy or not. Better to stay awya form that

Most of the people want to get rich quick and they want to sell as soon as the token from a brand new priject starts trading on an exchange, people think they are smart and they will instantly make big gains then sell and move to another project when most of the people will play this game then onviously the tokens will become worthless because of selling pressure while new projects do need ample time to develop.

The worthlessness you see in projects arises from the fact that most of them are planned and structured that way to fail from the start. Those behind them just want to scam investors by putting out pseudo projects and no real substance. They copy from the White Papers of other projects and don't follow up anything. These fake devs don't know sh*t and in most cases aren't even crypto enthusiasts. They know next to nothing about cryptos. You know, one can only give out what one knows or have. That's one of the basic principles of life — You only give what you have.

That's the reason why I don't like investing in new coins because it is difficult to develop and there is no further price development, it even feels like dying after entering the crypto market. The top altcoins especially those that are already listed in the top 10 in the market are certainly worth investing in in the future.

You can raise another question that is more correct than yours "Why are so many altcoins worthless since their birthdays?".

The question does not need answer. Altcoins are worthless because they are clones of bitcoin, clones of bitcoin forks, parasites on the smart contracts and ERC20 chain, and they don't have their own backbones. Worthless since their birthdays but people often do not notice such valueless instinct of altcoins. Their eyes are blinded when they see price of altcoins rise fastly after launch.

Eventually, they only realize the fact when altcoin price falls to zero and volume down to no volume.

Because, they do not provide anything useful to the world that is why. There is no secret thing behind any of this, there is really nothing you need to worry about neither, this is simply just some coins not providing anything to the world and that is it.

If a coin or a token or basically any project is something people do not want to use, that will never get any attraction because if people do not want to use it, that means there is no way price of that project could ever go up because if they do not believe it and buy it that means how could it go up? This is why many projects fail, they are just useless and worthless and project founders just make it sound like it would be something everyone would want but in reality it is not something we would want and that is the end of it.

In most cases the project developers abandoned their roadmap after earning and receiving huge funds from investors and eventually run into thin air thus rendering their token useless, some of these developers connived with some exchanges to fake their market volume in bid to deceiving unsuspecting traders,
Investing the top ten coin in coimarketcap is the only way out of this mess coupled with some knowledge in charting analysis will in a long run ensure consistency in making profits.

Many new projects don't have solid foundations, the projects are not from blockchain experts like most old projects, nowadays it cost nothing to build a new token using ERC20 and your next door neighbor can even be a developer, it's all about money making this days that's why we need to be very careful around new crypto projects

I think that is because many projects are just copied the other successful project or the current project to get another success too like them.
That project will not think about their project's benefits to their users because of their reason to do a project because they want to make money from that project.
Some of them are not honest to their customer or their investor and they keep saying that they will explain it later after they run the project.
People nowadays become smart to select which project they want to invest and they will not waste their time searching for a project that will not benefit them.
Many of the projects become scam after the project run for some time, and the team is just run away with the investor's money.

One of the reason is there is a lot of money to be made in altcoins because investors are looking for new coins to invest in because of the past achievement of top altcoins in the past and they want to be an early bird of that project, problem is investors are having a hard time finding those real projects.

there are so numerous altcoins which were marketed as though they are so creative and promising but they are only glossed over poo. They are just good according to their marketing and advancement. The engineers just apply exertion in that specific stage since they need cash. After they got the cash, they will leave the project stale to kick the bucket.
The main issue that i think has failed to be addressed is the fact that a lot of investors dont research well enough, they just jump on projects due to FOMO and as a result they get burnt

This unfortunate thing is very true and I agree with you mate. Scam altcoins won't progress overtime and they just faded away without us knowing.
There are just greedy people who uses cryptocurrency to fool others and just can't help to think why people fall to this modus even with today's technology.

There is huge number of them that are listed on coin market cap every week and they all the same, just one of two do have great volume to begin with.
More projects comes with different ideas as soon as a new trend emerges and the latest one is DeFi. Out 10 project that are listed 9n market cap weekly, 9 of them are always about DeFi with the same idea, nothing new but juts staking and mining bullshit.
If you want to do your self a favour and don't want to be caught up on pump and dumps, you should avoid most of them except you want to buy at presale with a bonus that an cover up your loss incase of any dump. This is also dangerous though, I have witnessed a recent project, Lattice exchange ( another DeFi) was hype but price is below the presale price and the rest of their toke lns is vesting till a particular period. This is why is considered it unsafe.   :-\

i think the power of bitcoin made a lot of altcoins worthless even dead

I can attribute this to a lack of foresight and proper planning from the project team, and also a lack of no BS analysis from the investors.

The truth is, a lot of crap projects can be discovered through thorough analysis, you can certainly uncover a lot of underated gems too.

So for as long as a lot of projects are still out trying to make some way money through investors, there will continue to be a lot of worthless coins

Most of the time the projects aren't trying to create some new groundbreaking feature so they actually don't need any blockchain expert as you might think they are but it's just their project business model is not really profitable in the long run while most of people who invest want return of investment at some point. These project could just use erc20 token and move on with developing their project in many aspect but usually they failed.