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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Harchive on September 29, 2022, 03:55:58 PM



Title: Three questions for old crypto fans
Post by: Harchive on September 29, 2022, 03:55:58 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?


Title: Re: Three questions for old crypto fans
Post by: jackg on September 29, 2022, 04:21:33 PM
Yes it nearly always happens that way.

Things like bitcoin, eth, monero and polkadot are less likely to shift from the top spaces based on market cap (but eth, xmr and dot are still likely to fall compared to bitcoin as all altcoins are and have proven pasts of doing).

There hasn't been that many cycles though too to base things like this off which should be another concern here. There's a chance something could emerge to outshine everything near the top (a few CBDCs or a big tech issued token could cause a few of the top slots to slide).

I used to think 1-10 was low risk and 10-20 was higher risk (back in about 2018) but I think that's changed too.

You could look for what VCs invest in but make sure you actually do your own research - even if it's just taking time to watch a video on it from YouTube or a quick flick through their whitepaper and forum.

I think axie is an example of another coin recently that fell from nearer the top before, I doubt it was reported on much because it was defi gaming and that industry seems weaker than the stablecoin one.


Title: Re: Three questions for old crypto fans
Post by: Outhue on September 29, 2022, 05:29:27 PM
Yes because VCs are not blind, they always go with very good projects but it's better to do your own research, VCs involvement with a project doesn't mean it can't turn to scam or crappy project. Remember LUNA?

The more new ideas are created and built into new projects many old top ranking projects will lose their ranks and get replaced by the new projects, this is somewhat normal, a project has to be very strong to retain its rank after several years, for example Ethereum.

Popular layer 1 projects are topping the top 10 on coinmarketcap today, we already have Layer 2 and it's possible that attentions may be shifted to layer 2 some day making layer 1 lose their positions too.

Final advice, always do your own research.


Title: Re: Three questions for old crypto fans
Post by: jossiel on September 29, 2022, 08:06:40 PM
  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
Yes and yes.

It is very likely that a new project will be replaced by a new one.

After all, the market's ranking is depending on the market cap of a project and when an old project gets lesser demand.

That is for sure will be its fate and that is to be replaced by a new one.

As for the projects likely going to end up like Luna, we do not know but yeah, possible.


Title: Re: Three questions for old crypto fans
Post by: Piesel on September 29, 2022, 08:17:46 PM
This has been the trend since the ICO era, altcoin market has come with a lot of different trends that always replace the existing trends and the coin in the top 20 will not remain on that list for long there are always replaced with others.

If you have been following the trends you will already be familiar with some of them by now such as ICO, IEO, Metervarse, NFTs, etc these are all altcoin trends that have brought a lot of hype into the market with most trending projects then no longer amp g the top performing projects at the moment.


Title: Re: Three questions for old crypto fans
Post by: Jating on September 29, 2022, 08:51:47 PM
Is it normal to invest in projects that VC's invested money on? 

Of course, it's just riding the coat tail of those VC's, like copy trading, the question is how and where do you find those VC and what project they are investing?

And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

That's always been the case, some projects suddenly went to the top 1-20 like BNB and ADA. And for the Luna case, there could be as we know that market is too risky and volatile and we don't know the people behind. If there intentions are real like Do Kwon, who gain the trust and reputation, but his project collapse right in front of us.


Title: Re: Three questions for old crypto fans
Post by: maknyos on September 29, 2022, 09:12:37 PM
There is almost always something changing in the 10 to 100 rankings on coinmarketcap. there is always a new project that will dominate the market causing the ranking cycle to fluctuate all the time. in this context if a VC withdraws initial capital on a new project, it is certain that there will be a major shock to the coin price as the new coin has a low market cap. Well, in terms of determining a new project that can penetrate rank 10 or 20 on coinmarketcap, very rarely anyone can predict it.


Title: Re: Three questions for old crypto fans
Post by: serjent05 on September 29, 2022, 09:59:16 PM
And also can we see another top project in the rank of 1 to 20 failed like that of Luna?

A Crypto project is a venture where the future ahead is uncertain, there is a possibility that a cryptocurrency project will fail after several years on the market.  Hackers are relentless attackers, so any Crypto project can be a victim of a hack that can turn its successful years to ruins.  Aside from that, project developers are also human susceptible to errors so it is also possible for a top project to crash due to mismanagement.  There are also recorded history in the financial industry of top company getting bankrupt because of mismanagement and certain events.

For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Not always but sometimes there are exceptionally promising altcoins being launched every now and then that can make some of the projects on the top 20 altcoin move down in their rank.


Title: Re: Three questions for old crypto fans
Post by: insidertradingeverywhere on September 29, 2022, 10:06:50 PM
And also can we see another top project in the rank of 1 to 20 failed like that of Luna?

A Crypto project is a venture where the future ahead is uncertain, there is a possibility that a cryptocurrency project will fail after several years on the market.  Hackers are relentless attackers, so any Crypto project can be a victim of a hack that can turn its successful years to ruins.  Aside from that, project developers are also human susceptible to errors so it is also possible for a top project to crash due to mismanagement.  There are also recorded history in the financial industry of top company getting bankrupt because of mismanagement and certain events.

For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Not always but sometimes there are exceptionally promising altcoins being launched every now and then that can make some of the projects on the top 20 altcoin move down in their rank.

I totally agree, a new project now is usually a new technology, unless of course it is to be on the first coin list. and as long as there is a market, there will always be something better than before... it's evolution, natural selection.


Title: Re: Three questions for old crypto fans
Post by: samcrypto on September 29, 2022, 10:36:43 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
Copy trade can be a thing, but always following someone's decision might put you on a bigger risk so better not to rely on anyone and don't make any decision if the top investor adopt a project, that doesn't mean it's a good one.

Old project like NEM/XEM was on the top 20 before but due to the competition they are not able to adopt it and now they are down to rank 90. It's really possible to replace the old project by the new one, this is a very competitive market and if you failed to develop new things expect the worst scenario.


Title: Re: Three questions for old crypto fans
Post by: wheelz1200 on September 29, 2022, 10:46:47 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Will a top 20 coin fail like luna...YES.  If history has taught us anything its that nothing is forever in crypto.  The next bullrun there will be other projects and flavors of the month that take over and nthose coins will pop in the top 20.  Only thing that has been constant the whole time...bitcoin.  everything else is temporary.


Title: Re: Three questions for old crypto fans
Post by: TribalBob on September 29, 2022, 11:19:54 PM
the top 20 coins can be said to be a perfect 98% coin in its market and community volume. If Luna's class suffers a loss, it's only natural. maybe luna is in shabby and worthless time just make history
top coins will remain in their position if Dev continues to commit to their goals, not stop in the middle of the road and must continue to develop and be innovative


Title: Re: Three questions for old crypto fans
Post by: Rengga Jati on September 29, 2022, 11:58:57 PM
Is it normal to invest in projects that VC's invested money on?  
We really can't deny that VCs may be one of the parties that are usually considered when investing something in the crypto world. However, this is not the only element and reason. Even though VCs invest in new projects, we must also analyze further whether the project is really suitable and worthy for the long term, or just for hype. Because many people only take advantage of the hype so that the project will easily fall.

And also can we see another top project in the rank of 1 to 20 failed like that of Luna?
I am sure that non can predict it exactly because the fall of LUNA is also unpredictable at that time. We saw LUNA as a very promising project with great progress and development, but suddenly it is fallen down and made this as shit now. So, it may be possible, but we can't predict exactly. And hopefully, this will never happen again, enough only for LUNA.

For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
IMO, it's possible.
Some may take over others, the new one may get higher and some on the top previously may be replaced. As we have seen on some coins or tokens previously. But, not all top coins are replacable. It will depend on each project. But, exactly, it's undeniable to see this probabiloties.


Title: Re: Three questions for old crypto fans
Post by: Tony116 on September 30, 2022, 01:40:22 AM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Investing in VC-invested projects is also a factor to evaluate the quality of projects, for example, Binance Lab funds most of the projects they invest in are successful because they have a team of research and thorough screening before investing. But that does not mean that the project they invest in will not be a scam in the future, because they are also investors and not project owners. So you can rely on that and do your own research and then decide to invest.

We are in a young, open industry, so it is normal for old projects to be replaced by new, better projects with more utilities. That shows that the market is developing very well, which is a good sign.


Title: Re: Three questions for old crypto fans
Post by: danherbias07 on September 30, 2022, 01:54:57 AM
Lisk is one, it didn't really fail but I think the support just went down because of the new coins and projects that came out.
It will happen like a cycle.
In a year or a couple, there will be new players or old ones being hyped by some billionaire or whales to put them in the high rankings. But, I won't be so sure about their intentions, it may not be good and was only done for selfish profits. That is where you have to be careful with.


Title: Re: Three questions for old crypto fans
Post by: bittraffic on September 30, 2022, 02:08:20 AM

Never run out of projects in blockchain. Smartcontract platform competition was the first to have come up and outranking each up to this day.

Lisk is one, it didn't really fail but I think the support just went down because of the new coins and projects that came out.
It will happen like a cycle.
In a year or a couple, there will be new players or old ones being hyped by some billionaire or whales to put them in the high rankings. But, I won't be so sure about their intentions, it may not be good and was only done for selfish profits. That is where you have to be careful with.

Been around that time also. It was when more of the users has the enthusiasm to really support projects thinking this is the future. The prices of the tokens including Startis and Lisk and etc shoot to the moon while we got them for less than $0.20 I believe. Comes bear market after 2017, none had ever improved.

Maybe because I sold and unsubscribed already but I should be seeing threads in the forum if they were to update investors. No one talks about them anymore in the forum.



Title: Re: Three questions for old crypto fans
Post by: Dave1 on September 30, 2022, 02:52:40 AM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Since crypto is cyclistic, I would say Yes on your 3 questions.

VC knows some inside information or at least they have a bird eyeview and so they are the one who invest first on a company that will blow up in the future. So it's normal I would say to inves on those projects being endorse by VC.

Maybe projects in the last 4 years have been a boom or bust. They started hot going as high as 10-20 and then disappear. It's how crypto works and only prime mover coins will have a chance to stay in the market for many years.


Title: Re: Three questions for old crypto fans
Post by: TravelMug on September 30, 2022, 02:56:11 AM
Lisk is one, it didn't really fail but I think the support just went down because of the new coins and projects that came out.
It will happen like a cycle.
In a year or a couple, there will be new players or old ones being hyped by some billionaire or whales to put them in the high rankings. But, I won't be so sure about their intentions, it may not be good and was only done for selfish profits. That is where you have to be careful with.

If I may add to than, remember QTUM back in early 2017? They were like the Ethereum killer or the next Ethereum if I'm not mistaken.

But look at it right now, no one remembers this project, Lol, but back then it's highly touted even here in our community and we've seen support and consensus. But after 2017, it's forgotten as new projects comes along and overtake it with better and improved technologies.


Title: Re: Three questions for old crypto fans
Post by: YUriy1991 on September 30, 2022, 03:07:01 AM
If you want to see the safer and more powerful side of the crypto market then take a look at the top 10 but it has to make more sense because we can't look like 2016 anymore. The opportunity is not as big as it used to be, there are many altcoins that have greater potential and will continue to increase so we can choose them instead.

Yes, my opinion for your question above is normal, especially for investing like this. After all, it's hard to say which projects will work and which won't for now. You are better off investing in something that looks promising than leaving your money in the bank which is sure to depreciate over time.


Title: Re: Three questions for old crypto fans
Post by: wxa7115 on September 30, 2022, 03:10:05 AM
  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
Yes and yes.

It is very likely that a new project will be replaced by a new one.

After all, the market's ranking is depending on the market cap of a project and when an old project gets lesser demand.

That is for sure will be its fate and that is to be replaced by a new one.

As for the projects likely going to end up like Luna, we do not know but yeah, possible.
And the replacement of the coins at the top has to do with the fact that even some of the top coins are there because of hype, so  investors believe in them not because the actual technology the developers have implemented already but their potential.

And about the chances of seeing another coin cash like like Luna I think it is possible, we must not forget that at some point in time bitconnect was incredibly popular, even if most senior members in the forum warned people about bitconnect being a scam, people did not listen and something similar to what happened to the Luna holders happened to them.


Title: Re: Three questions for old crypto fans
Post by: rugrats on September 30, 2022, 03:17:39 AM
Lisk is one, it didn't really fail but I think the support just went down because of the new coins and projects that came out.
It will happen like a cycle.
In a year or a couple, there will be new players or old ones being hyped by some billionaire or whales to put them in the high rankings. But, I won't be so sure about their intentions, it may not be good and was only done for selfish profits. That is where you have to be careful with.

Not only Lisk but you can look at the topcoins of 2014 and 2017, most of them have been downgraded and replaced with current potential coins. I don't know if that's hype but I can see the old topcoins are too outdated compared to the new altcoins, they do not meet the needs of today's investors, so replacement is inevitable. There are still irreplaceable projects like ETH because it provides necessary solutions, always evolving with the times, so no one can replace it.


Title: Re: Three questions for old crypto fans
Post by: nutildah on September 30, 2022, 03:52:03 AM
Is it normal to invest in projects that VC's invested money on?

"Normal" as in a lot of plebs do it, but I don't recommend it as the goal of every VC is to suck as much cash from the plebs as possible while contributing nothing to the ecosystem or community in return. Basically look at every project that Animoca Brands, Galaxy Digital, 3AC or Andreessen Horowitz has ever sponsored -- pretty much all cash grabs designed to capitalize off the goodwill and participation of actual cryptocurrency enthusiasts.

And also can we see another top project in the rank of 1 to 20 failed like that of Luna?

I'd say there is a significant likelihood of this being the case. ATM I see XRP, DOT, SHIB, TRX, AVAX and LINK as being the most likely contenders.

For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

No, not at all. Some come and go but some have been long-standing institutions that will likely remain in the top 20 for years to come... including the stablecoins.

LUNA and TUSD were spectacular failures that will be hard to replicate. Justin Sun is certainly trying his hardest to replicate them with TRON, but more likely TRX will simply fade into the background rather than crash & burn.


Title: Re: Three questions for old crypto fans
Post by: mindrust on September 30, 2022, 03:55:03 AM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

1- depends

2- Possible. Iota used to big in top 10 and now it is pretty small. It happened before and it will certainly happen again. Altcoins come and go all the time.

3- So far it did. Somehow eth didn’t get replaced but the others lost their spot in top 10 with every new cycle.


Title: Re: Three questions for old crypto fans
Post by: danherbias07 on September 30, 2022, 07:17:04 AM
Been around that time also. It was when more of the users has the enthusiasm to really support projects thinking this is the future. The prices of the tokens including Startis and Lisk and etc shoot to the moon while we got them for less than $0.20 I believe. Comes bear market after 2017, none had ever improved.
If I may add to than, remember QTUM back in early 2017? They were like the Ethereum killer or the next Ethereum if I'm not mistaken.

But look at it right now, no one remembers this project, Lol, but back then it's highly touted even here in our community and we've seen support and consensus. But after 2017, it's forgotten as new projects comes along and overtake it with better and improved technologies.
Alright, some memories are coming back.  ;)
I remember Lisk, I was using it only for gambling (Dice in Yobit) and I didn't even know it would shoot like that. I regret even selling it early and gambling it away.

Then QTUM, TravelMug was right, $100+ was the ATH of it and then after some time I never heard about it too. I sold this at $20 each, iirc.
This proves even if they have good platforms or features it will be difficult to preserve a good spot in the altcoin market. Continuous support is an important part of their market to avoid being forgotten.


Title: Re: Three questions for old crypto fans
Post by: gunhell16 on September 30, 2022, 08:29:48 AM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Since the pandemic entered, I have not seen any new altcoins enter this industry that has replaced those in the top 20 ranking in the market. If there are any, it's just a few new altcoins that have been replaced.

Because what usually happens is that the majority of the top 20 in the cryptocurrency market has always remained, it is not true that every time new altcoins appear in the crypto space, these new tokens replace those in the top listed 20 in the market.


Title: Re: Three questions for old crypto fans
Post by: Wexnident on September 30, 2022, 08:58:26 AM
I'd think it's normal, but that's on the occasion where you did your own DYOR. It's a nice startup for look for investment locations though if you're lost. As for projects, well old projects that don't see any improvement are bound to lose their place and get replaced with new blood., especially in the case of crypto where a lot of projects come and go every year. And I'd reckon to compare the most similar scenario for Luna was that big altcoin scam that took years to build up before the owner just poofed out called OneCoin I think? So yes, it's not really a "failure" per se, but you'd see coins like Luna come and go as well.


Title: Re: Three questions for old crypto fans
Post by: Hamza2424 on September 30, 2022, 09:50:31 AM
If tou really consider this then somw potential projects after the Dot, ADA, TRX are in my opinion these coin will show their legacy in the coming bull run but for new list i will preffer the things as Near, ICP and LINk you can CHZ LEO in this list but first preffered top three in my list not a Financial Advice. Its for information only by my point of view


Title: Re: Three questions for old crypto fans
Post by: ethereumhunter on September 30, 2022, 11:48:49 AM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
Maybe. Every project, whether new or old projects and top projects ranked 1 to 20, can fail like Luna did because it depends on how the team can manage the project to survive various situations. And in the end, we see that the Luna project is a bad example for every project so it keeps everyone on the team working at their best and ensures the project continues to work well. We have also seen that some new coins can replace the top 20 altcoins, but that doesn't mean the coins thrown out of the top 20 altcoins are bad because maybe the new coins can provide something that attracts investors investors choose the new coin to invest. Invest.


Title: Re: Three questions for old crypto fans
Post by: zasad@ on September 30, 2022, 12:18:42 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
In 2016, enthusiasts were interested in the cryptocurrency market, and there were no projects on the Ethereum ecosystem. Ethereum killers started appearing a little later, and most of the projects are now in the top 20 in the cryptocurrency ranking. New ethereum killers have not appeared for a long time, except for the CHIA.


Title: Re: Three questions for old crypto fans
Post by: aioc on September 30, 2022, 12:19:57 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

It always comes to what these new coins can bring to the table and if these old coins can't keep up with the pressure of the competition they will likely get replaced, with so many coins in the market and investors are looking to make a profit in a long term, it's very important for investors and traders to follow coins that they've invested because what happens to Luna can happen to any coins in your portfolio, and also be sure to check for new coins that get a pump in the same fashion like Dogecoin, do not just become a passive investor always check the market trend.


Title: Re: Three questions for old crypto fans
Post by: Hypnosis00 on September 30, 2022, 12:35:50 PM
do new altcoins always replace the present top 20 altcoins every crypto cycle?
It always happens but not in all coins. Some changes happen because the demand is changing as well but I see a lot of this on the top 21-100 coins.
We could be aware of this situation and a reason why it was risky holding altcoins for the long-term as it might happen that one day it losses its value unnoticed and brought us losses. But I believe they won't go far from their previous rank unless they turn scams as one of the most common reasons for losing their value in the market.


Title: Re: Three questions for old crypto fans
Post by: tjtonmoy on September 30, 2022, 12:54:50 PM
What I have learned from this is that you shouldn't invest in Altcoins unless you are a very good trader. Otherwise, you will never know what to come next in altcoin market. Because of the fact that altcoins are totally centralized, this makes it very risky. For me, I never trust any altcoins unless they are old and had made a good reputation in the crypto world already. There's no shortcut in life, so always try to take the long road. That's all I can say, and I think many will agree with that


Title: Re: Three questions for old crypto fans
Post by: Jackl87 on September 30, 2022, 01:02:14 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

To your first question i would say that basically every big project that has come out in the last few years has had big VC's that were investing in it pretty early, maybe even a few years before the token became tradeable for everyone else. So i would guess that most of the projects that are in the top 100 in terms of coinmarketcap had VC's investments before the public sale or listing. Of course there are a few exceptions like Bitcoin.
I recently invested a few hundred bucks in magicsquare which is a project that was also backed by BinanceLabs, Huobi and Kucoin because for me this basically means that a listing on those exchanges is almost 100% certain.
The top 20 in terms of coinmarketcap is always fluctuation a little. Back when i joined the crypto market i remember that for example IOTA was in the top 10 back then and waves also in the top 20. Now they are much lower.


Title: Re: Three questions for old crypto fans
Post by: Bananington on September 30, 2022, 07:14:21 PM
 And also can we see another top project in the rank of 1 to 20 failed like that of Luna?
Something you should always bear in mind when dealing with crypto is that anything is possible. Apart from bitcoins and Ethereums that may likely not move from the first 20 or 10 position on the list of top rank projects, all the coins occupying other positions are not permanent there and can become affected by any new developments that we may not be able to predict now. So make it a duty to always stay atune with the market.


Title: Re: Three questions for old crypto fans
Post by: Lantind on September 30, 2022, 07:32:58 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
Most likely the coin that will make its way to the top 20 is Cake. PancakeSwap has a huge impact on crypto today, especially those who trust the Dex platform more than Cex. Then what coin will go down in position? In my estimation Tron and Shiba.


Title: Re: Three questions for old crypto fans
Post by: jossiel on September 30, 2022, 08:54:28 PM
Yes and yes.

It is very likely that a new project will be replaced by a new one.

After all, the market's ranking is depending on the market cap of a project and when an old project gets lesser demand.

That is for sure will be its fate and that is to be replaced by a new one.

As for the projects likely going to end up like Luna, we do not know but yeah, possible.
And the replacement of the coins at the top has to do with the fact that even some of the top coins are there because of hype, so  investors believe in them not because the actual technology the developers have implemented already but their potential.

And about the chances of seeing another coin cash like like Luna I think it is possible, we must not forget that at some point in time bitconnect was incredibly popular, even if most senior members in the forum warned people about bitconnect being a scam, people did not listen and something similar to what happened to the Luna holders happened to them.
True.

Many of those projects during the last bull run were hyped and that helped them to reach a better spot in the rankings. It's the reality but eventually, those projects that have been at the top through the hype will be out soon.

I have seen many of them in the past that they're up and high during bull runs but as year passes by, they're already out and that's what had made them forgotten.


Title: Re: Three questions for old crypto fans
Post by: serjent05 on September 30, 2022, 09:19:22 PM
What I have learned from this is that you shouldn't invest in Altcoins unless you are a very good trader. Otherwise, you will never know what to come next in altcoin market. Because of the fact that altcoins are totally centralized, this makes it very risky. For me, I never trust any altcoins unless they are old and had made a good reputation in the crypto world already. There's no shortcut in life, so always try to take the long road. That's all I can say, and I think many will agree with that

I think one should invest in any project if they have enough knowledge about the project.  No matter how good a trader you are if you messed up with your research and investigation of the project, you will suffer a huge loss.  Traders become a good ones when they have all the knowledge they need on their trading items.

True.

Many of those projects during the last bull run were hyped and that helped them to reach a better spot in the rankings. It's the reality but eventually, those projects that have been at the top through the hype will be out soon.

You forgot to include the huge amount of coins in circulation making their crypto market cap rise and belong to the top 20 altcoins.

I have seen many of them in the past that they're up and high during bull runs but as year passes by, they're already out and that's what had made them forgotten.

That is because there are new altcoins and technology that make these previously ranked altcoins losses their market value.  People will always look for new trends and new technology that makes the old one obsolete.  And these factors are often seen on a new released coins and tokens that is why the cryptocurrency market rank is ever changing.


Title: Re: Three questions for old crypto fans
Post by: FinneysTrueVision on September 30, 2022, 09:20:38 PM
Recent studies suggest that VC-backed coins are some of the worst performing cryptocurrencies.
https://startupsandecon.substack.com/p/you-dont-own-web3-a-coinbase-curse

VCs don't really care about supporting a new coin for the long term, they are looking to cash out as soon as their coins get listed on a big exchange and there is a big pump. Most of these coins won't recover after they get dumped so as an investor you have to time the market and consider dumping your bags whenever a coin gets listed on Coinbase or Binance.


Title: Re: Three questions for old crypto fans
Post by: jossiel on September 30, 2022, 10:48:12 PM
True.

Many of those projects during the last bull run were hyped and that helped them to reach a better spot in the rankings. It's the reality but eventually, those projects that have been at the top through the hype will be out soon.

You forgot to include the huge amount of coins in circulation making their crypto market cap rise and belong to the top 20 altcoins.
That's included and investors that have been brought by the hype won't care much with that anymore. As they only see the current price and supply isn't a thing to them.

They're all for the quick profit.

I have seen many of them in the past that they're up and high during bull runs but as year passes by, they're already out and that's what had made them forgotten.

That is because there are new altcoins and technology that make these previously ranked altcoins losses their market value.  People will always look for new trends and new technology that makes the old one obsolete.  And these factors are often seen on a new released coins and tokens that is why the cryptocurrency market rank is ever changing.
The new trends are coming we can't avoid them but to stay firm what we like or just go along with them if we want. The choice is on ours and that's going to be a factor whether you'll benefit from it or not.


Title: Re: Three questions for old crypto fans
Post by: Yogee on September 30, 2022, 10:59:16 PM
....For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
You don't have to be in crypto for five or even ten years to find the answer to this. You can just check market data aggregators like Coingecko since they also show historical data. A good example it Litecoin which used to be a top 3 or 4 but it's currently sitting outside of the top 20.

I wish someone would create a video showing marketcap for the last 10 years. I've seen some people do it for top economies in the last decades.


Title: Re: Three questions for old crypto fans
Post by: justdimin on October 01, 2022, 01:25:20 AM
I'd think it's normal, but that's on the occasion where you did your own DYOR. It's a nice startup for look for investment locations though if you're lost. As for projects, well old projects that don't see any improvement are bound to lose their place and get replaced with new blood., especially in the case of crypto where a lot of projects come and go every year. And I'd reckon to compare the most similar scenario for Luna was that big altcoin scam that took years to build up before the owner just poofed out called OneCoin I think? So yes, it's not really a "failure" per se, but you'd see coins like Luna come and go as well.
I do honestly believe that old projects that do not improve and keep up with the times going to always end up being worse. Why do you think that ETH being the second biggest coin of all time still trying to improve and change some stuff and constantly have the need to develop? I mean they could easily say they are second biggest and be done with it, but they do not, and they keep working on it, why do you think that is?

It’s because if you do not keep improving then you are going to drop eventually. Same goes BNB and same goes for all the others, they all try to keep on evolving at all times to become something much bigger than they ever before.


Title: Re: Three questions for old crypto fans
Post by: Wawa2013 on October 01, 2022, 01:57:22 AM
I'd think it's normal, but that's on the occasion where you did your own DYOR. It's a nice startup for look for investment locations though if you're lost. As for projects, well old projects that don't see any improvement are bound to lose their place and get replaced with new blood., especially in the case of crypto where a lot of projects come and go every year. And I'd reckon to compare the most similar scenario for Luna was that big altcoin scam that took years to build up before the owner just poofed out called OneCoin I think? So yes, it's not really a "failure" per se, but you'd see coins like Luna come and go as well.
I do honestly believe that old projects that do not improve and keep up with the times going to always end up being worse. Why do you think that ETH being the second biggest coin of all time still trying to improve and change some stuff and constantly have the need to develop? I mean they could easily say they are second biggest and be done with it, but they do not, and they keep working on it, why do you think that is?

It’s because if you do not keep improving then you are going to drop eventually. Same goes BNB and same goes for all the others, they all try to keep on evolving at all times to become something much bigger than they ever before.

If projects are only created for fundraising, or there are projects that are used to simply make pump and dump. Without a development team
that can continue to develop these projects. So projects like that I can predict will disappear and are very bad as an investment choice.
That's why when investing in crypto we have to make sure the projects we buy are really potential, by doing our own research and analysis.
That way we don't choose the wrong projects when investing, why new projects no matter how good are always more risky, because we can't
judge the track record of these projects. That's why ETH and BNB are so popular and in high demand, because both coins have a good track record.
Because ETH and BNB do have a solid development team and always develop their projects for the better, that's why they can survive in the crypto
world and are trusted by many investors.


Title: Re: Three questions for old crypto fans
Post by: BobK71 on October 01, 2022, 09:52:59 AM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
It cannot be said that any particular project will make a big scam in the future.The Luna scam basically failed to keep stable coin UST. But almost all the coins ranking from 1 to 20 are good coins with less chances of scams. But anything can happen in crypto. This requires careful consideration.


Title: Re: Three questions for old crypto fans
Post by: wiss19 on October 03, 2022, 05:10:02 AM
I don't know what you mean by VC's but it is always possible for any of the coins to fail even if they are currently at top spots. Luna is one of it but it's not the first or going to be the last. The key here is to monitor always your investments. Frequently check the updates around them and the news to get a hint if where will they head and you can decide whether you will take an advance actions or not.

The coins that are above the top 10 or 15 ranks are not really strong IMO so they can easily be replaced by the coins which are over the top 20 but they aren't always a new coin. New coins need to show their worth first before they can be able to join the top ranks.


Title: Re: Three questions for old crypto fans
Post by: Lagduf on October 03, 2022, 06:00:26 AM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
It cannot be said that any particular project will make a big scam in the future.The Luna scam basically failed to keep stable coin UST. But almost all the coins ranking from 1 to 20 are good coins with less chances of scams. But anything can happen in crypto. This requires careful consideration.
Luna may become the different case and that gives a very important lesson to us if stable token that doesn't have reserved funds to peg it will be a very risky investment. Luna has been used to peg its stable token which has been going down when the stable token become de peg.
That proves that mechanism that already used by luna was a failed. The new developers must not use such mechanism anymore


Title: Re: Three questions for old crypto fans
Post by: KingsDen on October 03, 2022, 05:52:48 PM
the top 20 coins can be said to be a perfect 98% coin in its market and community volume. If Luna's class suffers a loss, it's only natural. maybe luna is in shabby and worthless time just make history
top coins will remain in their position if Dev continues to commit to their goals, not stop in the middle of the road and must continue to develop and be innovative

I think that top 20 is high risk and could change any time even before a cycle elapses. The persistent of the bear market has changed or will change the trend. That is why I prefer to go for top 10. As bad as it might be, I am sure that all the top 10 coins will make it to bitcoin halving and all the top10 will survive the beae market. But this cannot be said of top 20 coins. If Luna could be taken by surprise amidst its market cap, it can handle to any random coin whose developers or team blinks eyes on the fast lane.
So, you do your own research even when VCs invest in a particular project, it's not an assurance.


Title: Re: Three questions for old crypto fans
Post by: abel1337 on October 03, 2022, 05:57:31 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
Well yes, Top 20 projects are shifting mostly every bull run. They are being replaced by new altcoins that is align with the trend and old coins are staying strong but they are being overlapped by newer once. If VC invested on a project, It doesn't mean that it is a sure rugged project but there a high chance that VC knows that they can make money from it so riding it along with VC wouldn't be a bad decision, Remembered that they are a business and they want to earn money from their investment so we could safely assume that the project they invested is carefully being researched by VC. 


Title: Re: Three questions for old crypto fans
Post by: eaLiTy on October 03, 2022, 06:06:23 PM
I don't know what you mean by VC's but it is always possible for any of the coins to fail even if they are currently at top spots. Luna is one of it but it's not the first or going to be the last. The key here is to monitor always your investments. Frequently check the updates around them and the news to get a hint if where will they head and you can decide whether you will take an advance actions or not.
VC means venture capitalist, since you took the example of Luna, Binance was a VC through Binance labs as they invested $3 million as seed fund in Luna and they had $1.3 billion in Luna holdings and it was clear that Do Kwon was withdrawing millions every month till it crashed completely and even a big giant like Binance could not identify these cracks, because if they knew they would have cashed out their holdings and do you really think that it is possible for an individual investor to identify when it might fall.



Title: Re: Three questions for old crypto fans
Post by: thecodebear on October 03, 2022, 06:11:37 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Yes it is normal to invest in projects VCs invest in because VCs invest in major crypto projects.
Certainly possible for top 20 coins to fail. An immediate collapse like Luna is unlikely, but everything outside of Bitcoin (and to a lesser extent Ethereum) is just pure speculation so there's no reason why the 3rd, 4th, 5th, etc largest coin won't fail.

And yes there is a good amount of shift in the top 20 every cycle. In 2024 and 2025 for next bull market there will be a new crop of projects that will get hyped up and some of them will move into the top 20 or top 10. Because it's pretty much 100% speculation once you get beyond Bitcoin that means that newer projects will always replace some top older projects each cycle. This will continue to be the case until we see crypto projects actually start showing real world value that goes beyond bull market fads. You can expect pointless cryptos like XRP, DOGE, SHIBA to continue to drop and new projects to grow larger than them. And smart contract networks platforms like ADA, DOT, TRON, AVAX, etc may drop or may continue to stay among the top depending on their hype levels compared to newer projects in the next cycle.


Title: Re: Three questions for old crypto fans
Post by: virasog on October 03, 2022, 06:12:47 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

What happened with Luna does not happen with all the coins and the top 10 to top 20 coins are still the best investments.
Also in every bitcoin cycle, that is a four year period (from one halving to another halving), you will find many coins disappear and many new coins will make their position in top 50 or top 20 coins. Many popular coins with a lot of hype sometimes disappear in the bear market as if those coins never existed.


Title: Re: Three questions for old crypto fans
Post by: Stella Mese on October 03, 2022, 11:16:14 PM
in crypto we never know what will happen in the future. even like the Luna tragedy, no one knows the beginning. So it's possible that altcoins that are ranked 2-20 will fail like Terra Luna. it is because of this risk that we must be careful in investing in altcoins. we must always monitor the news. because information is needed in making a decision in an analysis. that's what I just learned.


Title: Re: Three questions for old crypto fans
Post by: GreatArkansas on October 03, 2022, 11:19:57 PM
(.....)
And also can we see another top project in the rank of 1 to 20 failed like that of Luna?
Big YES. This is already proven over time. We cannot say it is failed but it is slowly going to fail or be replaced by other quality projects or new projects. For example forked of Bitcoin, like Bitcoin cash, Bitcoin SV, and many more. At first they are on top, full of hype, pumps and dumps everywhere but after that, they are slowly going down.


Title: Re: Three questions for old crypto fans
Post by: AmoreJaz on October 03, 2022, 11:24:41 PM
(.....)
And also can we see another top project in the rank of 1 to 20 failed like that of Luna?
Big YES. This is already proven over time. We cannot say it is failed but it is slowly going to fail or be replaced by other quality projects or new projects. For example forked of Bitcoin, like Bitcoin cash, Bitcoin SV, and many more. At first they are on top, full of hype, pumps and dumps everywhere but after that, they are slowly going down.

indeed! there are many old projects that were previously in the top 10 or 20 but they are now sliding down their position. as quality projects are rising up, those crappy ones and with no solid use case will go down their ranking.  as you mentioned, the hype before with forked coins were great, but later on, people still go back to the original btc, hence, slowly dying the hype surrounding the forked btc.
remember, the position of those coins regularly changes because it depends on their market performance and how they are progressing with their actual developments.


Title: Re: Three questions for old crypto fans
Post by: Lagduf on October 04, 2022, 05:13:00 AM
in crypto we never know what will happen in the future. even like the Luna tragedy, no one knows the beginning. So it's possible that altcoins that are ranked 2-20 will fail like Terra Luna. it is because of this risk that we must be careful in investing in altcoins. we must always monitor the news. because information is needed in making a decision in an analysis. that's what I just learned.
There have been so many cases top coins were falling like luna. I can mention some like Bitconnect, LUNA, Centra and many more. These coins have been falling to the zero value caused by they were running by scammers. Investing in the altcoins the most difficult things to do rather than investin in bitcoin. The problem so many people didn't even care with DYOR. they keep abandoning how important dyor for all of them


Title: Re: Three questions for old crypto fans
Post by: wxa7115 on October 07, 2022, 03:11:47 AM
(.....)
And also can we see another top project in the rank of 1 to 20 failed like that of Luna?
Big YES. This is already proven over time. We cannot say it is failed but it is slowly going to fail or be replaced by other quality projects or new projects. For example forked of Bitcoin, like Bitcoin cash, Bitcoin SV, and many more. At first they are on top, full of hype, pumps and dumps everywhere but after that, they are slowly going down.
And this is not rare at all, even in stocks this happens, there are stocks that were very popular decades ago and now if you look at the top stocks in the market you will not see the same companies anymore.

And since this market moves way faster than the stock market then it is natural that the coins which are at the top today will not be the same ones we have a few years down the line, and it is easy to see this is the case if we take a look at the coins which were at the top at the beginning of each year and see how they have been changing over the years.


Title: Re: Three questions for old crypto fans
Post by: jaberwock on October 08, 2022, 02:45:50 PM
in crypto we never know what will happen in the future. even like the Luna tragedy, no one knows the beginning. So it's possible that altcoins that are ranked 2-20 will fail like Terra Luna. it is because of this risk that we must be careful in investing in altcoins. we must always monitor the news. because information is needed in making a decision in an analysis. that's what I just learned.
There have been so many cases top coins were falling like luna. I can mention some like Bitconnect, LUNA, Centra and many more. These coins have been falling to the zero value caused by they were running by scammers. Investing in the altcoins the most difficult things to do rather than investin in bitcoin. The problem so many people didn't even care with DYOR. they keep abandoning how important dyor for all of them
That’s the end of many coins that would not be promoted for being good, but only for being profitable by cunning ideas. Look at BCH and BSV as well, those were top 10 coins for a while, I remember clearly that BCH even reached top 5 if I am not wrong, where are they now? They were only there because they had an idea that "may" work and it didn't and that’s why it crashed.

Any project that doesn't have a strong fundamental in it, and just gets promoted thanks to hype and a potential profit, will always end up going down. Same happened with many coins so far and will repeat in the future. Biggest scare is doge now for example, worths nothing, not a single original line of code, just hyped.


Title: Re: Three questions for old crypto fans
Post by: so98nn on October 20, 2022, 04:29:42 PM
There is nothing new in the way it works for replacement of top 20 with newly formed altcoin. Sometimes it’s more or less new investment drift which causes them to hit the top 20 rank but many of them do fail eventually once the marketing drift is lowered.

When new coins come to the market they have full attention on the marketing, promotions, free airdrops and almost every social account get flooded with their name this huge volume drive their and they pretty much become star of the market.

However, the older players are more busy into hodling process, revalue exchanges and that’s why keep falling to the lower side but that’s always temporary.


Title: Re: Three questions for old crypto fans
Post by: tvplus006 on October 21, 2022, 09:07:23 AM
Is it normal to invest in projects that VC's invested money on? ...

If you invest in projects in which have invested VC's, it will be safer than if you invest based on your research, without having the appropriate qualifications for this. But it should be remembered that the purchase price for you may be several times higher than that of VC's. Accordingly, if the price drops, then you will receive a loss, while investments VC's will be in profit.


Title: Re: Three questions for old crypto fans
Post by: Mario Yamasaki on October 21, 2022, 10:03:46 AM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?


The most important thing when we invest in cryptocurrencies are loss opportunities because drops or scams are normal, don't always think that what we invest will profit, never even sell assets for investment in cryptocurrencies, drops projects like Luna are not the first and I'm sure next There will be a lot and we must be prepared.


Title: Re: Three questions for old crypto fans
Post by: irhact on October 21, 2022, 11:29:49 AM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Some altcoins still retain their spot in the top 10's or 20's while others move up or down. The industry is growing so we shouldn't expect some stability anytime near. We'll keep seeing the volatility both in position on ranking sites and price of project for a very long time. The cryptocurrency market is a speculative market so you can always follow the money and be profitable doing so. Vc's have the money and when a project is funded very well, they tend to do very well so you're liking investing in the project VCs invest and profit then going to look for one yourself.
Don't get carried away though as this VCs get into project so early that they're always at advantage not minding how the market is moving, so you have to be on your A game as well and stay update so if the VC are moving out, you do so as well and not get dumped on.


Title: Re: Three questions for old crypto fans
Post by: Hamza2424 on October 21, 2022, 01:19:43 PM
The answer to the First question is Yes it is normal to invest in projects where VCs are in but dear one thing to notice such investments must be analyzed after every project Fundraising VCs start booking profits due to new volume in the market. Need to be careful with these types of Market situations in a bear market never go for New projects always prefer accumulation.


Title: Re: Three questions for old crypto fans
Post by: Maidak on October 21, 2022, 03:56:37 PM
Is it normal to invest in projects that VC's invested money on?

 I think it is a good option to buy cryptocurrency of the project in which large funds invested. In advance on Cryptorank it is better to look at what prices were bought by venture capitalists and analyze the information obtained. It is worth remembering that even large funds and VC's can make mistakes when investing in a project.

Following in the footsteps of the giants, here large funds can be said to be quite safe and will save us some time. Because today's reputable investment funds such as Binance Labs or Coinsbase ventures have research teams, they will be in charge of research and analysis once the project meets the requirements, they will invest. But that doesn't mean they didn't fail, Luna's death also led to the collapse of the leading venture fund in the market, 3AC. Therefore, investing in projects that VC's invest will limit risks and save us time, but once we have invested, we should still do our own research, not completely depend on them.


Title: Re: Three questions for old crypto fans
Post by: capedbaldy on October 21, 2022, 04:04:32 PM
When new coins come to the market they have full attention on the marketing, promotions, free airdrops and almost every social account get flooded with their name this huge volume drive their and they pretty much become star of the market.

However, the older players are more busy into hodling process, revalue exchanges and that’s why keep falling to the lower side but that’s always temporary.
At some point new coins get high interactions from airdrop hype, marketing, or etc, so it is easy for them to get good ratings, but the fact is that they will easily drop during price recovery and enter a future bullish season, so either way new coins will easily fall when the interaction decreases, investors or traders will return to the main investment in top coins.


Title: Re: Three questions for old crypto fans
Post by: kamvreto on November 02, 2022, 07:42:41 PM
It is still possible for Top 20 projects There could be a crash like in LUNA, nothing is impossible, and this is a crypto market.
If we look at the history of altcoins starting from 2016, some of the top altcoins have been replaced except for Bitcoin which remains irreplaceable and Ethereum is the top altcoin.

Let's see the history of ranking on coinmarketcap in 2016 and 2022 now.

Coinmarketcap 1 November 2016                                                                              
https://i.imgur.com/9u8A2u6.png

Coinmarketcap 3 November 2022
https://i.imgur.com/XGE0jvA.png


Title: Re: Three questions for old crypto fans
Post by: Wakate on November 02, 2022, 08:17:12 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
It is very obvious that the market movement is always based on momentum and how strong the project is. Making of the top 20 coin we have in the market are there due to the strong team to keep pumping and attracting investors to buy more even when the market is bearish. We all know that Luna had done unimaginable thing to investors of the crypto world which we should not be surprised about because anything can happen in the crypto market which is the major reason why we need to invest what we know we can afford to lose if there is chances of things going bad.


Title: Re: Three questions for old crypto fans
Post by: hamba laeh on November 16, 2022, 09:09:44 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

I think all of your questions are working normally. because the crypto market is not determined by certain individuals or groups but is determined by demand and volume. so that there is no altcoin that can be guaranteed that it will continue to stay in the top 5 - 20 because there will always be new altcoins that make investors interested in greater so that they are able to make new altcoins a trend in the crypto market so that they are able to be in the top top 5 - 20.


Title: Re: Three questions for old crypto fans
Post by: lalabotax on November 16, 2022, 09:51:57 PM
Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?
This seems to be one of those cycles in crypto, where new technology or new altcoins are sometimes able to replace old projects. However, not all of them, are because many new projects are only concerned with money without being able to develop and strengthen their fundamentals. So they find it difficult to develop and survive, and eventually failed.

However, that does not mean that old projects can be easily replaced, especially those with a strong team. Indeed, this time was not easy because business is cruel, sometimes they have strong fundamentals and a professional team. But they can be overthrown very quickly by the power of the project or other parties.


Title: Re: Three questions for old crypto fans
Post by: dlightag on November 17, 2022, 02:06:38 PM
The cryptocurrency industries is keep growing as new project are coming up with a new coins, while old going are also keep moving in the circle of the cryptocurrency exchange, which also hype by strong community and airdrop, Having said that, is good to spread your investment in difference coins, but old and new, because the recent clash of coins was not expected like Luna and now FTX clash and nobody know the next of coin clash, which is a very big lost from investors.