looking to the future of crypto

[militiariko]

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

I think i can agree with you on this, the future of crypto currency is very bright, and indeed will be popular, and there will be many tokens that are not gonna be part of it. This is why as an investor, a long term investor, your research and investment tokens should definitely be towards able to survive on the long term, do not let anyone deceive you, profit is the core reason why you invest.

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[chakhigh]

Always do your own diligence to discover what works and filter out those that do not work. There are a couple of solid projects, but it depends with market adoption and the team's effort to make it a success.

[shakesbear]

There are very few real bitcoin maximalists, people who are ready to promote the idea, mostly people come in search of easy money.

[kensaii]

yes, it is and you really understand the current state of the market. It's not that I'm not sure about the many new altcoins that have sprung up nowadays, but in order to secure my money, it's better to hold altcoins with clear credibility. holding BTC, ETH, DASH has made me comfortable (slowly but surely profitable). instead of having to go in and try to pick a new altcoin that we're actually not sure about.

When the market in the uncertain phase, I also switch my bag to top and credibility altcoin instead of venture out for new but low-tier altcoin projects. The market as a whole shape to how many of us invest so if there are many short live projects like that then maybe because the market was booming?

[Ridwan Fauzi]

First of all I just wanna see to the project that has a real function, that is the one factor when buying all coin type in the market. I will never choose coin although the coin has a bunch of way to get popular like being promoted by some popular person. I can't do that and I never fall to buy the coin because I will see the real function first before buying anything. I've been here since 2017 ago and at least I have already known how they work and how they attract new comer to getting money. I can differentiate how good and bad project are and how to characterize them?

[aemma]

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

My opinion is in line with yours because it is just the truth. Many projects springing up only have one objective and that is to satisfy and/or fill the pockets of those who created it. Today we are hearing Defi everywhere and it looks like no scam Defi project will spring up, actually it will because the hype is still somewhat fresh and scammers can't miss it. Nevertheless, in the midst of all the scam projects there are still good ones contributing to the betterment of the crypto space, these good ones could be Defi projects or any other whose team understands what lies in the future hence working towards it. Lastly, with the rampant upcoming of new projects, due diligence should never be ignored no matter what.

[ChrisPop]

It is a free market. That's why there is a need for good management teams. Not only the product is important, but marketing, distribution, continuous research and development, finances, a competent legal team, etc.
I haven't seen many innovative crypto projects lately... Mostly copy-cats and the rest are either underfunded or flying very low under the radar.

Nevertheless I think that the most important thing right now is to accelerate the implementation of the cryptocurrency payment solution and blockchain technology in the economies around the world. Tech has no value if it's not being leveraged.

[Yamifoud]

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

I don't think we need to lose confidence and hopes toward these projects. Yeah, it is acceptable that only a few of them show such potentiality that we need to consider and it is much needed for the developers to come-up for the best strategy that changes those insights. The problem now is that we are too negative about them, we just easily judge them being a scam/shit project in general without giving them time to show about what their project is intended for.

We all feel bad about having a huge number of (shit) projects sprung up this time but this is not the thing that could ruin the entire market because people will keep ignoring them and only choose those who have been showing potentials.

[beerlover]

Do not worry about the scam projects or failed projects, they exist in the fiat world as well and people there haven't fixed it neither. Hell look at governments, they are making "scam" business' legit instead of stopping them because they are getting bribes from them.

There are so many companies who have made insane amount of profit while also getting government help and when they fail to pay their taxes they get some help of tax breaks as well, these are all companies who made tens of billions of dollars in revenue and still ask for government hand out and still not paying workers what they deserve and under starving wage. So, I believe there is really no problem with crytpo scams when the fact that amazon didn't pay a single federal tax.

[shaheer001]

You are right mate.there are limited projects which are focusing on their future plans and developing maximum only get in for short term then the project sleep for a long time and the investor's loss their precious money and also waste the time.

[dificanovi]

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

Indeed, many projects cannot last for a long time, leaving investors feeling disadvantaged. the project owner should have a lot of capital and not only expect money from investors, if the project owner has a lot of capital then the project can be developed quickly and run for a very long time.

[shaheer001]

You are right but still, there are many projects which are developing their roadmap accordingly and also their price is going up like OGN, LEND etc.

[JCviggen]

You are right but still, there are many projects which are developing their roadmap accordingly and also their price is going up like OGN, LEND etc.

OGN has very huge growth prospects. This is one of the largest coins in which I have invested a large amount of money and I think that I can multiply my investments several times this year.

[ongkok87]

Seeing the development of new projects that have sprung up recently has people experiencing a motion of no confidence in crypto. because many projects do not have good long-term prospects. they just want to get profit alone regardless of the losses of others and do not develop it. have you ever thought that

what is your opinion?

Of course many people can easily create a team develop a coin and runs with other's investment i think it is important to analyze and read their whitepaper and look if this will be applicable and think after 1-5 years have passed what will this project will be in the future you should be very careful since just like what you have said there's a lot of crypto related projects we don't know which one is the legitimate and the fake ones.

[Danslip]

It is a game in the form of a zero-sum architecture. The investors look through the possible investment options and decided to invest in the specific crypto project based on their personal investment bias. The scammers know what to do during the bear market aka crisis for crypto projects and they don't regret to take money whatever they can take.

[Roidz]

Currently, there are lots of new crypto projects that have sprung up, but of course, there are also many projects that are just scams, so, we need to be careful before investing in such projects, I think this fraudulent project is what makes investors loss off money and start to lose confidence in the world of cryptocurrency, and so, they are leaving crypto invest  so that cryptocurrency will be more and more abandoned by the people in the future, I think we also have a role to play in being able to stop the growth of fraudulent projects in the future.

[Pasutinmeur]

You are right but still, there are many projects which are developing their roadmap accordingly and also their price is going up like OGN, LEND etc.

Those projects are only some but we have so many projects that are still running on their first plant too.I have been watching band protocol, chainlink and many more altcoins in the market. LEND and OGN are also in my radar too. So many projects have good prospects in long term.

[MCobian]

Now DeFi projects are in the center of attention of many investors after experiencing the hype. But not all DeFi projects
are successful and deliver profit to investors, in the end we still have to be able to analyze every coin we will buy. It is
true that currently DeFi projects could be crypto for the future, but top cryptocurrencies are safer for investment, such as
Bitcoin, Ethereum, Ripple and Litecoin.

[Kasabus]

Currently, there are lots of new crypto projects that have sprung up, but of course, there are also many projects that are just scams, so, we need to be careful before investing in such projects, I think this fraudulent project is what makes investors loss off money and start to lose confidence in the world of cryptocurrency, and so, they are leaving crypto invest  so that cryptocurrency will be more and more abandoned by the people in the future, I think we also have a role to play in being able to stop the growth of fraudulent projects in the future.

Fraudulent projects will never be stopped if investors keep on choosing them for investment. Investors should be more careful particularly in new projects that have suddenly appear in the market because most of the team members on it have only intentions to steal the money and then suddenly the project disappear.

[Chukwunonso]

There are several projects that started very well, but after a while situation tend to make them loose focus and concentration. For a project to have a future in this space, there needs to be consistency in project development and management, and the use case needs to be top notch to keep the liquidity going smoothly and as such the tokens having a hungry market. One of the reasons why the value of bitcoin is high, is simple because the market is hungry, everybody wants to hodl bitcoin.