Bitcoin Forum

It has to be said. Its common sense. There are thousands of coins. Scamcoin, losercoin, Shiba coin. All real coins btw.

Yes there will be a couple coins that are very valuable in a couple years but the vast majority of them will be worthless.

Only coins that do things will be valuable. Coins that you have that are just there to hopefully go up on value so you can profit will be worthless.

Its like the dot com boom. You are betting on websites. Which website is going to get the most visitors. Most died.

Of course, there is no need pointing this out. As you said, this is common sense.

During the golden days of ICO in 2017, the crypto market is flooded with all kinds of crypto projects offering their own tokens. You could imagine the world is indeed turning into blockchain and everything is already tokenized. Crypto projects widely vary. There are those which focused on tokenizing the music industry, real estate, transportation, ticketing system, and so on.

And there are also those which focused on tokenizing health, agriculture, textile industry, VR, reward system, streaming, gaming industry, porn, and probably hundreds more.

Billions and billions of USD flowed into these projects. More or less a year later, 99% of them had died. This is no different from the kind of hype that characterizes NFT, DeFi, and others.

Here's a snapshot of the top coins on CoinMarketCap on June 28th, 2018 (the crash after the 2017 bull market): https://coinmarketcap.com/historical/20180624/

A lot of the coins close to the top are now far down. Just to show how hit or miss which cryptocurrencies actually end up surviving the long-term.

You must have read the history of the Soviet Union which broke into 15 countries, from 15 former Soviet countries, now developing and some are dying, all of that is not immune from the role of leaders and society.

---

Your story about the thousands of Altcoins that are mushrooming in the crypto market today cannot be separated from the creators and the team to develop these Altcoins in the market.

For now I have to really assess something that is not independent of who the creator of the Altcoin is, where the coin is headed, who is involved / the team in it, what is clear is that I do not leave Bitcoin, even though there are thousands of altcoins in the market today.

Nowadays it is quite easy to make a coin / airdrop just to own some famous coins like BNB etc, for that you have to really aim at all of that, not half-hearted with a million supply capacity, for what....!

Be careful the ruler / money can plunge you in the deepest hole until you are buried without getting up.

We will see many of that coins from that thousands of coins will disappear and abandon by the developer because the project can not continue. Only the coin that has support from many people will survive and will continue to rise.

It will be like that from time to time. Besides the dead coins, we will see many coins will release almost every day, replacing the coins that will disappear. If you can be careful to select the coins, you will have a long-term coin that can give you profitable.

Which point are you refuting though? What OP said was common knowledge, but it ain't wrong.

I'm pretty sure the comparison was concerning the cryptocurrency space and the dotcom bubble having very high levels of speculation, not necessarily the use-cases.

There is an easy way to get ahead of this and prevent you from buying shitcoins and losing money over the years. It's best to invest in the top coins already. Many coins show potential, but it's almost always going to be the same as the top coins in terms of features. There's nothing too original about it unless it involves improvement in the protocols that a particular currency is already using.

I think many people are hoping for the next DOGE and betting on these different meme coins that are popping up everywhere and hoping that it will boom and go to the moon as well.

Well then, just stick to the coins that have already proven itself and have 10% of your funds being juggled in between obscure coins, they might become worthless in the near future but that doesn't mean that you can't make profit out of it while it's still going hot.

Not all cryptocurrencies are listed on coinmarketcap (https://coinmarketcap.com/), even so there are 5391 cryptocurrencies on that website.

Pages from 44 to 54 are dead projects with less than $1,000 trading volume in 24 hours or 0 volume. It supports the fact you posted.

Most of altcoins, useless tokens as meme tokens will be dead. $SHIBA and other dog meme tokens will have similar endings. If you consider $SHIBA as a leader of meme token, it can survive but other meme tokens will die.

Coingecko shows 37 meme tokens (https://www.coingecko.com/vi/categories) in that category: https://www.coingecko.com/vi/categories/meme-token

Let's save the link and watch when most of those meme tokens will die with no trading volume.

to be honest coin will pop out and not gonna stop soon from shitcoin to really valuable coin and we can took example on bsc yesterday when doge clone or meme coin becoming pump and dump coin

and it make really good penny for people like me who's work on bounty hunter when new coin launch

always #DoYourOwnResearch and #DoWithYourOwnRisk

And it isn't surprising, coins compete with other coins after all, so whoever is better would naturally stand out and stay on the top, and whoever is bad would go down the drain. Most altcoins are shtcoins yes, but some are worth picking up if you want to invest and widen your portfolio. It just takes time to actually study up and identify which coin would actually last the test of time. Don't look at how a coin boomed at it's start, look at how the coin stood in around 4 maybe 5 years, since it's only going to show its true value by then.

Those coins that can't stand the test of time are just there to enrich the the devs and a few early adopters.

Which is why if a coin does not have a community to back it, buy low wait for the pump and sell then leave, it doesn't always happen sometimes coin fails to take off and dies as a shitcoin, the reality of our crypto life 😉.

Absolutely. But if you know what you're doing you can make profits of it in a small term. In long term i have faith only in BTC, ETH, LTC and BCH.

So true.

Many of them are going to be worthless even with the thing that's attached to your name, the defi projects, time will come that investors will start to flee from it due to the several hacks that are happening with them and it's going to be harder to trust them.

But it's a fact that just like what has happened these past years, many coins have been valuable then the year has come that they're no longer valuable.

As I the circle of life in all systems.

~99% of all life that has ever lived is now extinct. Complex life led to complex systems, and steeper degrees of competition for finite resources. Life goes on, but things adjust, moving pieces in the larger machine change but the engine keeps turning.

~99% of all stocks have gone to 0. We don't see this phenomena in front of our eyes, because people measure our economies using aggregates and indexes, but the rising tide is carried by a small subset of the healthy and fit companies. Nearly every stock that has ever traded on the NYSE eventually went bust, but the market index continues to climb as the clear winners continue to rise and carry the overall market with them.

Crypto is no different. Coins have come and gone. If we look at historic market cap data, besides bitcoin all top crypto markets in 2013 are no longer in the top 10-20 coins for 2021. Some outliers have held out and remain in demand, but their death is inevitable.

The Bitcoin market will rebound again. We must strengthen our belief in Bitcoin and have confidence in the Bitcoin market.

This is a normal thing with cryptocurrencies. I have noticed this for myself too that some or most of the top Coins I traded back in 2017 are no were near the top Coins on any market tracking site now. Even if some of them are still trading, I believe as someone have already mentioned, we have newer technology and a new approach to things and the projects that are not able to keep up will naturally go under.  

While you are at it, you may also pray to Thor to strike down Chinese FUD and make an offering of a a young deer's antlers beside the office's of Elon Musk so he will understand PoW faster than he can tweet about shit-coins.

Dot com boom survivors weren't necessarily so because they had the most visitors, but because those businesses and activites made sense to be online. Those who went into it with the perspective of a traditional business and used a dot-com as an e-business cover-up folded quickly.

When it comes to cryptocurrency, the most basic need is for a currency and network that is reliable, robust, yet decentralized and censorship-resistant; with a 100% commitment to those latter qualities. Amidst all the wannabes and the corporate/ foundation-coins, Bitcoin is the only one that manages to do that.

In my opinion, most of the coins on the market are useless even now, but I don't think that's a surprise to anyone.

However, this is a normal "rule" when something is in vogue - there are things that are really good and have value and a future, and there are those who try to copy and make money without value. This should not surprise anyone.

I guess it depends on the developer. many coins may become worthless within 1 year. however, there are still quite a few coins that become very valuable, or even their price becomes very high when 1 year. however, it all depends on the coins you choose to hold. if I feel that the coin has no potential, I will sell it.

Everyone knows that most of the coins in the market will be erased from the market in time. There are not too many coins which are really promising. Doing a detailed research is very important especially because of this.

bitcoins runs for a long time but never gets erased in all exchanges .
they dont have expiratiom date but they will only get removed if there will be no demand coming from them .
really op ? but what if most of my coins are classic and not the new meme coins ? they cannot become worthless as time pass by but classic coins can only become worthmore  .

This is depend on the trend of BTC and whole crypto markets, if the crypto market continue with the trend of bullish, alot of coins will be have potential go to new high. And for the long term, after bull season ended, then only some altcoin that will survive, this is according trend of market and the products each coins. For long term holding, BTC is safer than altcoin, because too many competitor for each altcoin.

Yeah, it is always said that at least 90 percent of the cryptocurrencies in the market is just thrash and they will just disappear at a point. So people should be really careful while investing into such coins (shitcoins actually).

It's obvious that some coins with no value but only hype behind them won't be around in a few months. This is something that's far from new. You can look at the last bull run and see that only the coins with value and big budget were still around and even popped off during this bull run.

Without much of a prediction it is safe to say that all the meme coins will die along with most others.

I think there is nobody who thinks in the completely opposite way. There are many scam or thrash projects in the market now. It is important to be able to sort those ones out. I always do my own research before investing into a new project.

Yes, many coins will be useless. But at the same time, some give a good boost. The ones I sold are now much more expensive. So it's best to keep all the coins for yourself if you have other income.

Yes, just like in projects in 2017 that totally vanished after the bear market even some of them are very promising to bring the crypto to different level but still didn't managed to survive in bear market due to short of funds throughout the years. Most of sh*tcoins will be vanished after this the bull run so it's very important that we know about this tokens have limitation. They are only being hype this season and memes tokens will also one of those tokens. We cannot guaranteed their worth in the long run. So if we're aiming for long-term and project that worth to invest, crypto that have great foundation and list between top 50 we should aim.

Investors get it wrong to believe that some of the coins they Invested in will be sustainable in the long period, altcoins, except for a few are only pump and dump coins, and if you're looking for coins to hold for a long period of time, they aren't your best option, that's cause, their development isn't a continuous process.

The thing is just that quite a lot of investors are basically only after "getting rich fast", thus it's not about research, or long time sustainability for them but hype/pump, which can be counterproductive most of the time.

for long term investment its very suitable , just buy and forget at least for years and check it again later. just like dogecoin ,or another altcoin  which is rise extremely this year. if we have monthly income our psychology will not disturb although cryptocurrency price drop.

There are so many new coins that we can have in the crypto community, there are so many companies that are offering their new tokens, some coins are promising to have a good future and some are not or just scam coins, before investing in a new coin you should make a research first, there are so many information that you can have upon searching that will make you know if this is really worth of investing.

What coins have you sold and are now much more expensive? because every coin that is stored must really have potential in the market, not just storing it, because many shitcoins are not suitable to be stored now.

Indeed. Time will tell when they will fall to hell.
So what to do?
In case your bought coins like Doge, Shiba, XRP, or any coins with billions in volume pumped up, sell it.
Don't regret it if it goes up. There will be time a dump will happen again and you will feel good about selling early.
You bought it for a reason, profit. That's the plan, never sway to loving them or you will just hurt yourself.

It's been happening since the ICO boom in 2015, back in those times hundreds of new coins are coming only to become dead coin after a few months and I don't think it's going to ever stop, because coins creation are open-sourced and there are a lot of platforms to create a token, scammers are going to create new coins every week to scam people, this is the time to do extensive research and educating yourself on what to look on a coin.

Instead of holding on to coins for long term I prefer taking profits when there is one so I don't care if a coin is shit or not if it can double or triple my ROI, the only crypto coin worth holding for years without any worries of losing your ROI is BTC and ETH

Yes mate all the shitcoins will be worthless very soon. Their investors will not Invest anymore in these shitcoins and websites visitors will also slightly decrease. So I think we should not hold any shitcoin for long term. We should invest for a time and book our profit.

That is absolutely true, but i want to restrict that statement or rephrase it to "all of your meme-coins will be worthless in a few years" probably even already in a few months and this is a good thing in my opinion. Those meme-coins took away so much volume and market-cap from "real" projects or projects with a use-case that it was very harmful for the whole crypto-market in my opinion and maybe even the main-reason for the falling prices that we see since 2 weeks. It is also true though that even some "good" projects will be dying in the next couple of years that is just how the market works and you also need a little bit of luck to establish your project successfully.

Yes, shitcoins will be worthless in near future. I hope soon shitcoins trend will end at all shitcoins will be invisible from crypto market. All the good and promising project will be in this market. The reputation of crypto has decreased a lot because of Shitcoins. All thought now crypto has become gambling type.

About altcoins we should know actually it is hard to predict how it's price in future. Not talk about coins that still on trend now which easily to get rugged, but some projects in past not all died already, i see some of them get pumped and i learned not all tokens is bad and worth to hold. But in personal, if want to hold a coins especially for years, i will pick big coins which is already in market.

Actually what is written in topic name is true. If  Bitcoin, number one crypto and most popular one is not adopted yet and not used as a regular payment. Then altcoins are far away from being used and demanded. Also, new alts appear everyday. They dont live long.

Most of the coins today are worthless or even abandoned by their owners, because there is no backup plan when investors are not interested in investing in them, so the devoleper doesn't care and let them die, therefore we have to choose the right coin if we want to invest in the long term, so that the capital we invest will get multiple profits at a later date

Very true and I totally agree with the poster, and I personally believe that at least, most of those investing in this shitcoins already know this, if we look back from 2015 to date, a lot of coins created in those times that were also very valuable in those times are already dead today, most have even been delisted on all the exchanges they were been traded upon and can't be found anywhere again again, coins like ATS, cartaxi, Pos token, and so many others are already dead, this is same way its going to be for several if not all the meme coins we have today, they are all gonna be dead in two or three years or even shorter from now, it's just like defi, several defi coins are dead already, it's only a matter of little time and all the meme coins will start dying one after the other too.

Yep. It's been like that already.
It could not be "scamcoin" like you mentioned but it can surely be a hype coin that would just dry out overnight that's why those coins you're identifying don't last that long even in simple discussion in here. They're just purely dumped after getting listed.
Come to think of it, there are just like 5 coins that I mostly stumble upon here in Altcoin Board that mostly gets discussion.

Yes that true. One example which I know is trump coin. It went high during trump regime and elections but now it's going down and chances are with time it will be worthless.
Just like that there are so many shit coins that are getting volume because of artificial pumping from investors, DYOR before you invest in any coin.

That happened already and the same thing could happen again soon. That's how cryptocurrency goes, some coins could grow and reach a good price, and others would fall but that doesn't mean that only top coins could grow because even new coins with good potential could foster in the future.

That is right，the potential of the new coin is large and the room for appreciation is also large, just look around the performance of new coins during this bull market,for example, UNI,MATIC,SOL,THETA,CAKE,CHZ,etc....

This is a normal scenario in this industry because there are lots of coins out there are just been created for pump and dump investment where when they are done with the other, they will create another and the list goes on. That's why research is a must for new investors and before they decide to pick up the coins they want to invest their money with, they need to check the hype if it's real or not. I remember when I was a newbie in this community, some people on this board already warn people about such kinds of shit coins. everyone must take heed and not join any group that promotes hype that doesn't exist after few months from launching.

There will always be people who will be debbie downer, they will always talk about how it will be awful but the reality is that we are not going to see anything that is remotely this bad. Sure there will always be some horrible coins and that is going to not change anything, but the reality is that we are not going to see all coins great neither so there will be some horrible coins and there will be some great coins and there will be some average coins, that is how things are in the crypto world. There are some shitcoins, there are some bitcoins, learn to live with that.

You should invest into whatever you want to invest, there is nothing stopping you from investing into anything you want, only thing that matters is the fact that you need to end up money that you can afford to lose, do not invest money that you can't afford to lose, like do not put your rent money into crypto, but aside from that if you are fine with losing that money, just invest into anywhere you want.

thats normal, and every address have worthless thing, not only one. sometime you will get great thing, although you never think about that stuff, never update story, never touch their community, but give you big value.
its good if you can cut it, like where you all in your coin on some moment.

its only used on its own ecosystem atleast, holder can use their token that have many utility and no matter it will adopted or not as regular payment. altcoin with no utility will die immediately , no one can use this token and demand not created at all.

This is sad to be true for I have already experienced such thing a couple of times already that those valuable coins I do have from the recent years I have been into crypto were already worthless and it seems people have already forgotten about those coins. Well there really be an end for most of the coins in the market because imagine having lots of existing crypto coins in the market, people will really see to it on keep on supporting the top ones and the bottom will be worthless once people have already been switching into other valuable coins more than the other.

So you do simply say it would end up with dot com boom? I cant blame you but always look on the brighter side.  :D

and this is where DYOR would really matter. This is indeed a risky market if you do make yourself get blinded with greed and desperation but if you do know on what you are doing
then you should be fine. Its a matter of profits or loss depending into your decision been made.

More than a ten thousand different cryptocurrencies have been created ever since 2009. And a majority of them are not actively traded now. They are either dead or dormant. Even among the new projects that are coming online nowadays, I could notice new innovations in only a small number of coins. Remainder are mostly old wine in new bottle. And unfortunately, the bull run we had during the first few months of 2021 resulted in many of the worthless projects attaining crazy valuations. And despite the recent correction, many of them seems to be thriving.

That is sad thing to hear about that most of the coin we have is going to be worthless if not real, or if not being pump up as potential ones, even if you hold it for a year there still no guarantee of getting it high, all we can do is to really look for the possible coin and hopefully it will eventually become great one and make profit out of it.

Thus, if we have common sense also, why we should have invested these coins knowing that they become worthless in the future.
That is why we have to check the project first before doing such a buy option. We should not stupidly skip that thing otherwise, we just fall into these shit projects or whatsoever.

With this huge number of existing projects now, it quite hard to know which one will grow as the majority might be dead someday unless if we invest those old coins/projects.

Unfortunately, this is the case, most cryptocurrencies were created only for the sake of receiving money and therefore most cryptocurrencies do not have any technologies, no product, in general, nothing at all, and therefore such cryptocurrencies live small amount of time and you should always invest with huge caution in such cryptocurrencies if you want to invest in them, therefore, it is better to always invest in top and proven cryptocurrencies and there will be no problems.

In the previous bear market, 90-95% of the coins were trash. People who have experienced this are very cautious right now.
I think we may be on the verge of a new bear market. Therefore, it is a great risk to take part in all of our money in cryptocurrencies  :-\

There are literally hundreds of coins in the market. And it is very obvious that most of the those coins are shitcoins that will die soon. Most people know this, but they still invest in those coins. Just in case they get lucky. You either make some quick profit or you lose everything. Look at the market few years ago. See how many of those shitcoins survived. Almost none! Hence, if you are planning to hold long term, make sure you hold coins that are well developed.

We don't have to warn them, even newbies behave as if they know better right now simply because it looks like bear market isn't ever coming so they keep hoping that shiba coin and other meme coins turn them into millionaires, they are literally scam projects that won't survive a week with real bear market

That is why the best thing to do is to invest in coins that has a long term increasing and purpose like bitcoin and other coins that has real product and services.

I may in the wrong section but still Bitcoin is what i will represent that altcoin .

It's always been that way the mass majority of coins in the market will soon die, it's a continuous purge of the market, developers keep creating a coin according to the trend in the market, and when that trend ended, that's the end of the life of the coin, coins that are not in the top 100 for a long time will soon become part of the purge so always check the spot where the coin that you've invested in the market.

The same thing was repeated by people in the most difficult time a few years ago, namely during the bear market.
And in fact, many projects simply died, while the strong ones remained. However, what did all this lead to? That's right, to create even more trash coins that will also die out next winter.

True. That is why it is a good idea to buy at least large cap coins/tokens. Not a financial advice.

People come and go just like coins these days may possibly wiped out in the future. Even potential coins nowadays will turn into worthless if people stop supporting them. But for bitcoin and ethereum, since they got the all time support particularly from those big institutional investors, they might still live for more long  years.

Since this is bound to happen, then it would be more practical to invest only on the amount you can afford to lose. And be more careful in choosing which coins to invest to avoid losses and creating regrets in the end.

Yes, it's possible that in a few years, most of today's cryptocurrencies will be useless badges in our wallets. Therefore, now we need to decide what we want. It is possible to profit from short-term price increases due to the hype for useless cryptocurrencies such as Dogecoin. You can bet on the long-term storage of cryptocurrencies, the demand for which will grow over time. It is quite difficult to identify these types of cryptocurrencies. Over time, we will still have to make our own adjustments to the value of the prospects of cryptocurrencies, because they develop very quickly and what seems to be an unsurpassed masterpiece after a certain time may lose interest in investors.

Yea, new project will be more interested for investor, the new project will have journey to found the true price (no ressistance and support created yet).
But i believe that a solid project will not be worthless, as long as the team and community not abandoning it.

at least this can be a big lesson for those who want instant profit without thinking. I do not deny that many new coins or tokens are pumped big beyond old coins or tokens that have better potential and functions. but look at some more time, where are all those shitcoins?
The choice is in the hands of each, want long-term or short-term investment. Shitcoin is just a pump and dump scenario, it's better to hit and run if it's profitable, for the long term you should choose a coin or token that actually works.

This is pretty much experienced before, people that got in crypto currency market in previous cycles already learned that the hard way. There are some major altcoins that survived all those crashes and bear market but because they serve purpose in the ecosystem. We saw too many coins with big volume at some point died slowly, big exchanges gone, it always changes. New technology and new needs brought us new coins, most of the existed ones stop being developed. It's very hard to pick which coin to stay in ecosystem 5 or 10 years later. That's why when we put our hard earned money into crypto currencies we have to be aware of risks and don't put all eggs in one basket.

This is very true. Remember those eth tokens airdropped every now and then. They are now useless tokens sitting in your eth wallet. And definitely, this will also be true to most alts. If you are not careful with these coins, you will end up bag holder of worthless coins. So as much as possible, convert those new alts to top currencies like btc or eth. At least, the chance that they will still be here few years from now is very high. When the devs of the coin decided to disappear, there's no miracle that it will survive in the market.

Unfortunately this is a sad truth. People thinks that just some coins are able to make a big pump so why not?
But it is really possible? I have posted several times when discussed about this argument, but take a look on my experiment below.

I have taken the first 1000 "suggestions" from this topic
https://bitcointalk.org/index.php?topic=2106360.0 "The next 100x or 1000x coin",
(people here trying to guess/suggest the coin that could receive a big pump during end of 2017 early 2018)

Result have been shocked... at December 2020, after 3 years, I get following results:
13,18% Reported a positive evaluation.
10,83% Reported a 0 (total loss)
75,99%the others just negative results (prices go down).
= 86,82% of coins get a negative results or totally crashed.

(full post here https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xpnnjwq )

I will run again my script just to check the price for June 2021 and December 2021.
Most of coins hyped during these days will have the same bad return :( in a medium-long time frame.

Exactly these are mostly just clone coins meant to make the "developers" more bitcoin that is all.  Like all schemes little people will actually make money but most will be fleeced to enrichen a small few.  Steer clear and keep most of your money in bitcoin.  Anything else and it will be just another sob story thread in the next hard bear market.

In bearish market on 2018, I have seen a lot of altcoin dumped more than 90% and in this bull season, its not all of them survive and going to new ATH. This is according to their each fundamental and use case. That mean, to minimize the risk, always buy altcoin that have working product and strong community. Avoid FOMO and use stop loss if we want to buy in high price.

In fact this is already happening now it's just that most holders refuse to believe it because they think that the price will still rise for some reason.
Selling some of the coins at minus now by 50% will not be a bad idea.
It will only get worse.

You're so right. A lot of the coins i got for bounties and airdrops in 2017~2018 are worthless now.I am so so so regred now, at that time some coins are still worth a lot of money, but now they just only can quietly lie in my wallet.

That's the important point :)

Smart contracts are the future and Platforms that have the most active developers in creating applications
with significant utility for their users will have a bright future
Invest in use cases not just because of the speed and cost of using them. IMO

Most of the new coins on the last correction of bitcoin and, accordingly, the entire market, lost up to 80% of their value. It is unlikely that they can grow by 800% in the near future, given the uncertainty that currently exists in the market. Even if the market continues its bull run, many of these coins will no longer increase in value.

Yes, only those coins/tokens with real use case will retains its value. While all others that only offers pump and dump opportunity will be forgotten. Majority of tokens in 300+ rank in CMC are almost worthless and with non-existent volume.

These are all scam moneygrab coins with no real fundamentals.
If you want to preserve value, choose solid proven projects, not meme bullshit

that's how the crypto world is, only quality altcoins will continue to exist in the market, the rest will be destroyed by time because they don't have updates for requests that occur in the market. if the altcoin cannot take advantage of the opportunity it will be left behind and eliminated.

conversely, we can also see how shitcoin starts to increase in value when bitcoin is in a bull run. but if there is a decline like today, a lot should also be red in the market.
most of the shitcoins can't even be sold on the market anymore because they've been removed from the list of certain exchanges. After all, there aren't enough trades.

Obviously, majority of the coins on the market will be entirely useless in a couple of years. Even those coins that have some use case but are pretty common and not that in demand are not safe for extinction. What more those shitcoins nowadays that don't even have purpose nor can solve real world problems or contribute to the world wide adoption of cryptocurrencies? But still, a good trader knows when to take advantage of a hype no matter how useless it may be al long as there can be profits. Other than that reason would he plain stupid.

At this time many coins are surging just because of social influence of manipulation games and they have no development team to support the project in future and that's why they will surely crash no doubt.So if you have invested in any of the coins just cash out your profits or loss whatever because in the end you will be left with nothing.Stick to the top coins like btc,eth,BNB,ADA,SOL,DOT,Matic which have came up with new ideas and improve the blockchain the more.I have personally witnessed many coins going to zero level from 2017 ICO which I gained through bounty campaign not investing but still faced loss at that time also.So it's better to be safe learning from past.

Op, whatever you said i am completely agree with you.
Now a days many trader only greed for money and quick profit, so they are investing in these shitty coins and ignoring the stable coins.
But soon they will realise when the coins will start dumping rather than pumping.
I could rather suggest new traders always go for stable coins like BTC or ETH, this will give you small profit, but won’t give you huge losses.
Rest is upto other people’s opinion.

Let us not always look at the bad side of everything alone. We should also look on the bright side. I agree with you that most of today's coins will become worthless in the future, though you did not mention some of these coins. Can we also talk about some of these low priced coins of today that will be worth millions tomorrow? It is the same way that some coins will disappear that some that are overlooked today will also become super coins too. Is there anyone here with the ability to lead us to the super coins of tomorrow? This is what will interest me or others who are ready to take the ride.

its true for sure because most of the scammers are trying to scam thorough crypto tokens or currencies. its a great opportunity for scammers to use the hype can collect investors money  and get vanished investor.
so new investor and also olo investors should analyze a project carefully so that their money dont get loss

It surprises me that in cryptocurrency market the users never learn anything from what happened in the past. Scamcoins and shitcoins have existed for many many years and in 99% of the cases these coins died out within 12 months of their listing. The methodology used by these scammers is very simple. They will plagiarize the white paper and algorithm of the existing projects and will launch a copycat project with a lot of hype in the social media. Once they are able to get a great deal of interest from the users, they will dump their coins. And after a few months, this cycle will be repeated with another project.

What kind of guarantee are you looking for? When a coin has been listed on the market,
the price movement will be determined by the market mechanism, pump and dump are part of that mechanism.
All we have to do is learn the mechanics of it and look for opportunities to make a profit.

"Don't forget, beautiful sunsets needs cloudy skies". - Paulo Coelho

yes you are right, in the end the coins that survive are the ones with the biggest real use cases. and the smartcontract platform is one of the concepts with the largest usage, ethereum, bsc, tron, Cardano, Polkadot, and EOS are the top-ranked coins. they have something in common with each other, namely the smart contract platform. so if you want to buy a long term coin, it's better to buy a coin with a concept with a large use. it will remain valuable for a long time.

Yes I totally agree with you most of the meme coin is worthless with time  as meme coin is something that may have no owner of May be coin had even no purpose that is the main reason that Meme coin is also known as shitcoin even though there are many meme coin that had give us good profit like Shiba inc doge coin but still it has risk involved in it so you may say that it may be worst with time

The value of crypto is created by the developer and the community. Each price drop is a market purge so we will see developers or investors give up. Since the long-term drop of 2018 to early 2020, we have seen many cryptocurrencies lie dormant in price declines.
The meme coins are unknown because the market has no precedent for them. Right now coinbase pro also listed SHIBA so it's hard to say that this project will die.

This is what the cycle says, there will always be change and it's worth it. Why ?? because there will always be new tokens that appear. losing prices on old tokens that are no longer developed is natural and common in the crypto world. So, for me it's no problem at all.

There is nothing surprising. Cryptocurrencies are developing rapidly, most of them, for various reasons, become useless over time. However, even on cryptocurrency, which eventually becomes useless, you can make a profit in the first period. You just need to constantly monitor the news and processes taking place in this market, as well as make the right decisions on the purchase and sale and retention in time. This is even good, since we all have an equal opportunity regardless of the time of entry into this market.

Well, I held a new coin that went up in price last month, but right now it looks like a lot of the holders are having a headache. anyway, i'm also holding that coin, and it's not even 1 year yet. anyway, lots of tokens like this, I just hope the price can get back high in the near future. even projects with good concepts and products need to survive the mass sales of investors, or their supporters.

a new coin without good features/technology  such what can be seen in some trusted projects surely will not long last on this crypto space, especially if it will experience a masive dump after making all time high value, because its not same with bitcoin wherein after the hard fall people still see it good and can guarantee huge profits after all even at the very dip price.. Unlike new projects that after the hard fall it always becomes very unpredictable..

Yes, we all know most of the coins will die in the long term. Some shit coins are booming but we can not say it will keep booming. We should trust tested coins that are here in the market for long we can trust such coins. This is a highly volatile market and we should understand the market behavior and sell it before it drops again and should not be more greedy. There are only very limited coins that can be trusted rest it all depends on luck.

It will happen only if you choose and invest in the wrong places, i have been invested in to ethlend ( now AAVE ), Dent, decentraland and many altcoin. Choose wisely and research it. Does the project make sense ? Does the token will be used in the next few years. Somehow i agree many of them will be worthless but there are a chance few of them will gives you good gain by holding it.

You're right because I have a lot of worthless coin in my wallet, there is more than half Million others are hundred thousand above. It can't be use anymore and just a decoration in my wallet and remembrance in such coin. That's why if you want to invest, always be careful and learn it very well so that it will not become useless in the future.

More than fifty percent of altcoin I bought in 2014 are still very much around.  I bought ethereum  is still here,  Wave coin is still here. Lisk was considered as a competition for ethereum in those days but unfortunately,  was never materialized  yet,  the lisk coin is still trading after all these years.  The question to ask is actually what makes coin worthless? Is it the lack of development or not having a niche market that is poise to create new uses or solve existing or future problems!

Selective coins before 2016 are good to continue your holding; you sound like you are too good in choosing your coins for investment which must be the reason your list sounds like too good for anyone to have in their portfolio. I have few of them from your list but I did not invest into ethereum when it was new; honestly missed that due to lack of knowledge on finding good coins at early days.

Coins which are lagging in real world use case might be dying over the time; scammy devs do create coins and tokens just for the purpose of pump and dump then how we can expect them to be sustaining for years. Such coins will become worthless in years for sure.

making a long term hold strategy is no longer a current thing we must not leave the tokens / altcoins on the wallet they can lose value or become out of order / useless we have to change everything into altcoins of great value that can profit a lot through staking

What you describe is not a "miracle" or "surprise". Today, the crypto market, and tokens as the main product of this market, is CHANGING very dynamically. The dynamics of changes in the crypto market is enormous, and hundreds of new technologies and tokens appear in a year. And as a result, some go to the bottom, others occupy their own niche, others are actively growing and give new sprouts of new technologies. Or even more understandable - now the first active stage of evolution is underway, when only a few out of a multitude of "species" survive. And this will continue until a certain period of stabilization of the crypto world. But when it happens - that's the question!

I believe now we have so many haters of Dogecoin, but Dogecoin is still in the top altcoins since it was launched. Strong projects can easily gain a good community and exchange in a short time. Sometimes we are looking for a very low prices altcoins where we forget about the volume.

The chance to continue progressing is slim for those coins who don't have much support from the community, eventually they will die and be forgotten,

Remember that if you are into investing always look for the usages and what  addition  the coin you are supporting to the entire industry, if there's none be aware that even the project is hot now if that is unsustainable it will die without any community supports,

Developers also have the influenced, best to check their résumé if how good they are within the business.

I think you are right. Many coins will really fail and lose their value. This is due to a number of factors. For example, some of the coins are simply useless and will be quickly thrown away after the creators receive any real assets. Another factor is insufficient funding or launch problems. This is another part of the coins, which seem to be promising, but due to the lack of professionalism of the team and lack of funding, they can simply leave the market. Well, the third factor is that new, more attractive coins with practical application and excellent financing appear on the market, they are crowding out another part of the coins. The strongest wins in this.

You stated enough fact which is of course true, and the funny thing which is also true is that, a lot are getting worthless already without even lasting for a year, this is already seen on coinmarketcap as well as in personal wallets. The truth has to be said and you did it correctly, it is now left for anyone to chose what works for him.
Talking about what works, many people of course made gains from the numerous shitcoins which pumped, and where many gained a lot of people also lost.
The worst part of the whole scenario is that, many are also holding most shitcoins with a long term view, without knowing that, they might not even last and as well, the current market conditions has dealt with a lot of them. So in all sincerity, let's learn to hold good coins for long term, coins whose team are committed to their long term goals, through this way, we can be assured we are on the right path.

I am pretty sure that when Bitcoin starts to spike its price value in the market, probably majority of the shit coins will pump their price value in most of the exchange site platform. And this scene was being done for a couple of years and even up the present time now. So, as an individual traders here in this type of business we really need to become wise and careful in terms of investing any of the altcoins.

Only Bitcoin and afew other highcap altcoin is more safe for long term investment than any low-medium cap of altcoin. So if we decide to holding coins for a years is better pick BTC, and others altcoin only trade it for profit then left it. There are alot if others instrument of asset with lower risk than altcoin like Gold and high cap stocks. I been make research for alot of old altcoin, and in this bull season the price still in the bottom so very risk to make invest in altcoin for long term.

The many coins and tokens I have are also worthless, the main factor is the devs. there is no serious plan and action, when the price skyrockets (maybe they pump self) then they immediately sell and when they get the profit according to the target then they prefer to create a new project rather than take care of the previous project.

I think that your collection of useless coins will be replenished with new samples after the last dump of the cryptocurrency market. A lot of altcoins have lost up to 90% of their value and the expectation that the price will return to its previous values, at best, can take several years. But most coins will never recover in value.

Some of my meme tokens went up in value, i guess it goes up because bitcoin recover from 29k and fly directly to $35k in one night. I guess in a few days i will unload everything i have and start focusing on hicap tokens or market for much safer investment.

Even before I have a lot of coins in my wallet with out any value and worthless. Now that there are so many different projects rises from nowhere, we can expect more worthless coin in crypto market as the time goes by. All we need to do is to become careful in choosing a coins to buy and invest.

I'm actually really concerned about newbies who are trapped by shitcoins like shiba...

there are many who bet their money on meme tokens as if they are gambling. the best cryptocurrencies will not give you a big profit overnight because it has the potential to give you a loss overnight too. stay away from token memes and invest in coins that already have a great reputation and real use.

Many coins in my personal wallet which already turned into shit coins because when management team swapped some coins into new one ,I didn't notice and all my old coins now valueless.

its your mistakes if didnt find and update about token swap from developers team. the first rule in crypto market when you hold some coins was always join in their chat group , there are important discussion about project developtment. Some project maybe swap their token , and holder must know about it. Usually they will give time line for is , and if you dont know till the end its really big mistakes.

yes, that is being a responsible holder. if you invest significantly on a particular coin, it is your choice how to manage such investment. and to secure your portfolio, you need to keep up with their updates before it is too late. it is not the dev's fault if they are giving announcements regarding the swap and the schedule, and yet, you missed it.
but the situation of having tokens or coins becoming worthless- i have seen that in my eth tokens before. didn't sell them because was hoping that they will be valuable in the market, turned out, only few of them made it and almost all of them went down the drain.
so right now, better invest in top alts with strong use case, that you know they can survive even after few years in the market.

That can be possible and is possible also that only Bitcoin and ETH just left around, and the rest are dead. But, I never think that going to happen, because in that case, early as 5 years, investors are leaving in crypto already. Of course, there is no sense in staying in crypto if we see no gains happening, I'd better look outside where I can make use of my money and wait for the returns ( as possible).

It goes without saying. Listen, a look at the coinmarketcap says many coins are dropping in per day. Most are plain crap. Some are just repetitions of others. They would die off slowly and surely

A few years ago, I remember that there's a few coin with a good project are develop and launched in the market with a good price but lessthan a year these project are dead, now it's our choice to choose a good and stable project, that's why I'll always suggest to go to some good defi project like sushi and pancake, these project made for long term and you can also earn a real passive income by staking cake and other coin inside their platform.

The one things I've learned in crypto space is riding the waves when available, if DeFI is rocking then rock along, if NFT is rocking then rock along and when things start looking weak just exit, I warned many when BTC hit 54k it was a perfect time to exit your coins into USDT and wait for bear market but oh Greed is alive I guess, now it's bear 🐻🐻🐻 seasons

The only altcoins that will survive and grow in value are the ones that satisfy some real demand like Monero or of course Ethereum. And those alts are for long term investments. All these worthless coins like Shiba or Doge are for trading and it's really short period of time when you can actually trade it before it becomes zero value for the whole market.

Well, i am not completely agree with your opinion. If we look Doge coin, do you think Doge coin can do things ? The answer is no, it is only a meme coin,
but why Doge coin market cap is huge and valuable ? It was because the hypes, and people bought it when the hype happen. This phenomenon can be occurred on other meme coins too if there are some proper marketing strategies from the team to create hype from the promotions.

after they bought during the hype because of the hot news, and finally the price fell drastically, so most investors are still waiting to come back again, or even many assume that later it will also rise again. it can happen immediately if someone pumps it

If not all the majorities of those so-called developers are only looking for quick gains, they not really aiming to develop and to present decent projects, most of it are just copied from original project and they are adding alluring features to grab investors attentions.

Being furious and always have a good mindsets in preparing yourself into investment is very important, it is a must that you always do your DYOR before committing in any project that you are aiming to support and invest both your time and money.

Who will die? do you think the decline you see will continue until everything will lose its value? try to use your brain to think wisely in this case because often when some people see an increase in the market, they forget that there is a decline, and vice versa when they see a decline, as if the increase will never occur again.