My eye opening advice about crypto projects

[havoc928]

There are many things I don't care about anymore in crypto projects

1. Algorithm
2. Max supply
3. Advisors
4. Analysts
5. Unknown or not popular partnerships

All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.

This is my eye opening advice since 2016

Advisors can't be trusted anymore, do you know that they get paid in good money for creating hype for their projects? That's advisors job unless they aren't popular, many projects team use McAfee as an advisor to Hype their projects but almost all those projects are bad.

True! I don't usually give all of my money to a project just because an advisor says so! That's their job to ensure that most people invest in a project as possible. In this cryptocurrency market, you shouldn't believe in anyone but yourself only. You can listen to others' words as preferences but don't give pay all your trust into it!

[Ken_terrance]

There are many things I don't care about anymore in crypto projects

1. Algorithm
2. Max supply
3. Advisors
4. Analysts
5. Unknown or not popular partnerships

All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.

This is my eye opening advice since 2016

Almost every one in crypto space have experience the following minus newbies, in 2017 it's always about max supply, advisors and little little cheap ways of creating hypes and they worked back then, things have changed drastically, there is no room for HYPE based projects with no real use case anymore

[minairia3]

How about those good projects that are started in small exchange but eventually transfer on top exchanges later on? I think you are saying that only listed on major exchanges are those only legit? Maybe your perception ia different but its not right to judge a project without seeing the real potential of them.

There are more than projects that begins their market liquidity on small exchange and manage to be listed on top markets. I think the basis for this is quite shallow.

[bittick]

We have only IEO now in crypto space, I heard DYCO did very well with fundraising, I think that will change very soon, right now the only two weapon that new devs needs for their new projects are Top exchanges and Promising use case

DYCO was not even so big like IEO and ICO. Dyco didn't get a lot of hype too and you must see how much roi that has already made by DYCO compared with ICO and IEO. OP was telling us technical analyzation is not so important compared with the sentiment from the market.

[robelneo]

Now that your eyes are wide open what are you going to do now?

I have some plans but there is just nothing that will prevent teams from dumping and scamming. Even the campaigns today aren't really that convincing that the team will not run with the money they collect and dump their tokens before abandoning the project. The only thing a bounty hunter can do is only join the BTC paying campaigns.

You are right and that's what I've been doing right now so far I have over 7 campaigns straight coming from projects that paying are paying Bitcoin, after I finish my campaign I am lucky to got accepted from another campaign if you are active in the gambling campaign, there are chances that you will get accepted, of course, good posting habit is a big qualification.

[bitgoldpanther1978]

All of us here who entered into crypto space start with thinking to earn money here.
And according to my experienced I never invest in any of the project, instead I most often
joined in bounties before but now I usually make day trading compared to what I had started
before, due to it is more profitable too.

[joseyphil82]

I don't invest anymore in altcoins, I'm done with the few altcoins I have in my portfolio, now I have interest only in trading and bounty hunting, the best way to pick promising projects is their use cases, utility matters a lot and nothing comes close

[ethereumhunter]

I don't invest anymore in altcoins, I'm done with the few altcoins I have in my portfolio, now I have interest only in trading and bounty hunting, the best way to pick promising projects is their use cases, utility matters a lot and nothing comes close

Both trading and bounty hunting will not easy now. Trading needs to analyze more to find the potential coins, and I am sure that there will be many altcoins that can make us feel confuse to select one or two coins to trade. In the bounty itself, you will feel difficult to choose which project can reach their goals in the future because the short term will not be determined as a success because they need to continue the project for a long time. If the team can not survive in the long run, you don't have to support that project, and you better search for the other project.

[memed97]

I don't invest anymore in altcoins, I'm done with the few altcoins I have in my portfolio, now I have interest only in trading and bounty hunting, the best way to pick promising projects is their use cases, utility matters a lot and nothing comes close

Yes, and everyone has different interests in carrying out their work in crypto, because at this time the bounty campaign has also begun to be good and market conditions have also begun to improve, so everyone can choose it to serve as their additional work at this time.

[kaseygriffin]

We have only IEO now in crypto space, I heard DYCO did very well with fundraising, I think that will change very soon, right now the only two weapon that new devs needs for their new projects are Top exchanges and Promising use case

I have not seen so many projects using DYCO to raise funds, we need more projects to know if it is good or not. Currently IEO still does its job well and has helped a lot of good projects succeed in this market

[Skinny48]

Even use cases are of different types, some use cases aren't needed on blockchain and they died in a very short time, you need to be careful when picking coins with utility, make sure their use case or the problems they plan to solve is needed in crypto space

[bellaayu]

Thanks, friend suggestion. For me, the ICO is experiencing a decline and investing in ICO at risk. I am currently focusing more on Bounty campaigns. For me, enough this is not at risk when compared to investing in ICO. But we also think that the ICO one day can be back successfully as in the period 2017. So some of your suggestions as algorithms, Max Supply, advisors, analysts, and partnerships are unknown or unpopular, can be back to be a guide before investing in ICO.

[judeafante]

There are many things I don't care about anymore in crypto projects

1. Algorithm
2. Max supply
3. Advisors
4. Analysts
5. Unknown or not popular partnerships

All these are just simply Hype creating shits, any projects that will attract me nowadays will do more than just these and again newbies should look into Utilities,big Partnerships and Top exchanges only, this is 2020 and lots of things have changed.

This is my eye opening advice since 2016

I'm also looking on usage and partnerships gone are the days that when you just need hype coming from well-known personality and you have a good coin, personality-based coin are now gone we are more on usage and getting the project listed in a big exchange like Binance or Kucoin, after the King Casinos fiasco people should stay away on negative exchange where they hold IEO.

[DDante]

Once you've spend a year or two in crypto space the way you see things will be different, there would have been so many things one would have learned from, the only thing that's important in crypto space today projects utility, this is what will determine their success

[Mighty_crypt]

I don't know since many coins only focus on your highlight list usually involved in scam by creating hype around partnerships and exchange names. I think a coin's real worth is more than your hightlight.

I don't see anything better than what OP said, there is no way a scam exchange can use a popular partnerships on their scam projects without getting busted and even if a project claimed they will get listed on Okex for example we a know that Okex exchange will say something about it on their Twitter channel

[AbNewton]

I have to say that I disagree with your opinions. There are scammed and unsuccessful campaigns, but it doesn't mean there are no good campaigns. I currently joined some campaigns that pay the rewards exactly at the time they promised and also showed their plan specifically. The important thing is that you have to do really careful researches before joining in. Just do the best and when the results aren't your expectations, you won't be too disappointed because you know there is always risks in this market!

Yes, don't why OP comes to the conclusion that only bounty paying bitcoin directly is really worth and will succeed. Maybe it's just coming from his bitter experience of unsuccess project.