Is it true that 90 percent of the altcoin will die after the bitcoin bubble burst? If so how can i choose to invest in coins now?
Due to the explosion in the popularity of cryptocurrencies, every developer and their brothers, it seems, are having a go at a coin project.
Discord, Telegram, and Bitcointalk are loaded with projects like this. The best way to get a feel for this is to lurk around several new coin's discords and see how the developer reacts to questions, how the community reacts to different things, and the general progress of the project itself. It is not very common to join a new coin and have good feelings about it all the way through to maturity. There are road bumps and challenges in every single project out there.
Of course there are bigger fish to slay that you won't find on Discord, but it all boils down to gut feelings, experience, and what you can see happening. Some projects seem destined to succeed. They have great crews, professional developers, graphic artists, etc. But success of those isn't even guaranteed.
The point I'm trying to make is projects fail for so many more reasons than people are aware of, that, in a way, you have to commit time and soak everything in before you can make decisions so it always involves a small commitment of time and sacrifice, plus experience a little luck.
Add in all the scam projects, the developers who are just cutting their teeth learning, and even experienced devs who end up hitting unforeseen roadblocks, and you have what still amounts to the wild, wild west of the crytpo-space in the world today.
In the end, do not be surprised if only 10% of the projects you get involved actually make it to the big time. It's a long, grinding road for projects, but there is no shortage of developers willing to step up to the plate.