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I will say the potentiality of any altcoin is directly dependant on the team or Devs strength, knowledge and ideas. That is, if they are knowledgeable enough they will build an active product which will draw investors attention to the platform in the long run growing the platform.
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Most ICOs fail because of the team, that is the growth of any project or rather the success of any project depends on the team and what they are capable of doing.
Most team, once they manage to list the project on exchange, they will abandon it because they don't have what it takes to run the project.
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Well BTC and ETH is a good call, for the other one, don't have much information about it.
On the other hand, the anticipated bull run will surly come and those holding BTC, ETH will surly benefit, in addition is those holding potential coins too.
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In simple terms airdrops are a strategy embraced by project team to award or reward interested members in promoting their project.
Initially airdrops weren't of little worth or tasking, but as time goes on or rather recently, it is now so tasking with some even demanding kyc, which then limit airdrops value or members having the mindset to do it.
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With careful analysis you might not be far from the truth, this is because upcoming projects are now going for IEOs while those that start before now are moving over to IEO system of fund raising.
Investors have been dealt with in ICOs thus moving over to IEO which is almost causing the death of ICOs.
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I think shitcoins are coins that have no monetary value at all, that is they are worthless. And this shitcoins are either as a result of exit scam, pump and dump coins or the project team not knowing what actually they are meant to do.
A coins' value is backed by what the team is offering, but when the team offers nothing the coin will have no backing and thus ends up worthless or as a shitcoin.
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Have been buying ETH, a little of BTC and more of other coins I find worthy of Investing, but my main focus is on ETH just following my heart on this one.
Also, I think it's worthwhile giving other coins a shot after proper research and analysis be it in top 100 or not. There are coins not in top 100 that have good use case.
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Be it ICOs or hyped IEOs, one thing can't be over looked and that is making good and appropriate research about any project before investing.
A project can successfully achieved their aim during IEO, but will they succed in delivering what was promised or written in the whitepaper? It's always good to make research.
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You have said it, I wonder who will just invest in any IEO having passed through the unfriendly activities in ICOs. The truth is, most exchanges will spring up now with the aim of offering IEOs, but it is neccessary we are careful so as to be on the safer side while securing our funds.
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Actually, one can't be blamed for assuming or rather believing that ICOs are dead. Think of it, ICOs dealt with investors, although a few paid off but majority didn't. Now with IEOs there have been a significant positive change and now investors are all in to IEOs.
So answer your question, yes ICOs are dead.
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I don't think I can exchange my ETH for LTC not with the way ETH is growing coupled with platform improvements. Although this is my opinion, but I think holding ETH will be worth it.
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This is wonderful, and it is not only in this space should we learn how to never give up, we should also extend it to all other aspects of life. Never giving up is equalled to great success, which could not be instantly but it's bound to happen.
Holding good coins and believing them matters a lot, just like those who bought ETH or BTC in the beginning of the year, or when it dumped hard last year and decided to hold.
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Investing in cryptocurrencies comes with its risks, so yes I buy both top 100 and those which aren't in top 100.
The reason is this, there are many good coins which aren't in top 100 yet, but have good use case, therefore with time they will get there. Top 100 is highly competitive, so there will be chances that some projects will be overtaken by others.
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People sell based on different reasons, some people sell out of panic, some sell because they are in profit while some sell could be that they don't trust the project again. So different reasons, different individuals, it is their assets or altcoins so they decide what to do with it whenever they want.
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It is no surprise that people are now forgetting ICOs even terming them dead. ICO was meant to be unique, that is the concept is one of its kind as it is designed to help upcoming projects generate funds for their products and services, but rather the true aim wasn't achieved on a larger scale.
Now with the emergence of IEOs, someone saying ICOs are dead, the person isn't far from the truth.
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