Lots of Competition in Crypto

[smoker36]

I invest myself and give my friends advice for investing if possible. It seems to me that soon it will be able to become the most accessible and profitable method for investment

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[kier010]

all good, bad and scam ICOs are mixed and so there are many times that we can't find good ICOs. with many competition around investors scatter and many times a good ICOs don't get a lot of attention. with a lot of scam ICOs investors becomes wary of which to invest.

[arakuns]

I quite agree with you that majority of the ICOs that sprang up after the month of March has not been doing well. Even those that are backed up with viable product go down once they are listed and there are some that had to cancel their ICO just because they could not reach their target. But despite all these, there are still some few that had a success record accounted to them.

[Bromote]

I think there are too many altcoins coming out everyday, too much competition and too little of innovative ideas is a bad combination on this kind of markets, I think the amount of projects tend to overwhelm the projects are really promising.

[pablodotcol]

I don't think so. Yes it is true that more coins have risen with time are more are rising up, but I do not think, and I would rather not regard it as more competition, because most of the coins are rubbish and are going to fail soon anyways, just give them time. Some are just worth short term investments, only a few are worth your time and money.

[Mery Gason]

The scope of the crypt is still quite young and now for many it is given a chance to occupy its own niche. With minimal costs and with virtually no competition.

[crenfrosck]

Well, last year was quite easy for devs: to collect funds they needed just a nice website and a whitepaper full of “blockchain, decentralized, groundbreaking” and so on. Now we are in a very different situation which is not in favor of projects that would like to reach a soft cap with an actual solution. Competition is a very important factor that will improve the quality of successful projects drastically. This way, we become accepted by a wider community of people which will ultimately lead to the mass adoption of cryptocurrencies  .

[Mix_Fix]

Too many people are concentrated on profit, not on projects and ideas. Nobody want to hold assets if tokens price is less than during ICO.

[gabrielkings]

Competition is good for the crypto industry... So long as its a healthy competition. It will bring out the best in projects and new projects coming up will draw their graph well and develop a unique use case so as to enable them get many investors as possible. Competition is good for business.

[senopratama]

for this year I think that worldwifi gives very good results. with sales success even reached hardcap sure is a good thing. even though it has not yet reached the appropriate price expectations but I think this is reasonable. These prices are slowly starting to rise and certainly could still have a chance for the more expensive again even close to the value of the ICO.

[arvind82]

There are many competitions in crypto.All coin want to be come first in market.and all of coins take place of btc.Some projects in ico are not good.So they try to improve it.Otherwise other coin will be grown.So in ico competition increase day by day.