Why Are So Many Altcoins Worthless After a Little Time

[celot]

a huge number of altcoins neglect to arrive at the purpose of accomplishment, even the tokens that you hold right up 'til today are progressively useless.

Investing just in the best 10 coins marketcap as I would see it is good for the future, particularly bitcoin (in light of the fact that this is the principle). Invest shrewdly and begin trading in the event that you have seen cautiously.

I don't trade ordinary due to loses, at some point the market is simply terrible and vacillates a ton however I like trading when bitcoin is bullish, most occasions I generally win

You can try the future trading if you wanna get profit not only when bitcoin bullish but also you can earn profit during bitcoin and altcoin down. I think many people only active trading when getting market green and bitcoin touch higher price, why not to try for investing only when you want to active trading after bitcoin have higher price, you get double profit when investing during market still red with many altcoin option have lower price, when bitcoin growing up altcoin will allow and you earn much profit with investing during trade only when bitcoin have good price. I think you can make your assets as investment for the future or waiting only bitcoin have higher price, when correction you can sell and try to buy back after touch support price for bitcoin or altcoin.

[Lite_bro]

a huge number of altcoins neglect to arrive at the purpose of accomplishment, even the tokens that you hold right up 'til today are progressively useless.

Investing just in the best 10 coins marketcap as I would see it is good for the future, particularly bitcoin (in light of the fact that this is the principle). Invest shrewdly and begin trading in the event that you have seen cautiously.

I don't trade ordinary due to loses, at some point the market is simply terrible and vacillates a ton however I like trading when bitcoin is bullish, most occasions I generally win

did you saw how roadmap looks like? between first and the last milestones can be minimum 1 year. or even 2-3 years. any buisness needs time. befor projects launch price can fall x times, rise x times and fall again. and vice versa. it is normal.

It is very hard to develop a project when cryptocurrency markets falls because a lot of people stop to believe in cryptocurrency and trust it.

But when cryptocurrency market raise everything becomes much more simple 

A lot of depends from the team of the project and its experience. Some information https://bamboodefi.medium.com/.

Just check everything before investing.

And it seems to me that a good project will be able to realize itself at any time, no matter what the situation on the market is!

[lunnatic]

Because some of them failure in reality, some project's produts do not match what it says in roadmap, and some of them just are an scam project.

Yes, it will obviously fail if the project does not run according to the road map they have arranged neatly, so that in the end they will scam and even die by themselves because they are unable to maintain the project for a long time.

The roadmap is very influential, I myself see a good project from a roadmap,
if development is in line with the roadmap, then the altcoin is still very worth investing in,

[globalcitizen]

The simple answer is that such altcoins suddenly become worthless because they were actually worthless right from the beginning. The value of a project is most of the times judged based on the strength and uniqueness of the idea and the expertise of the owners and the project team.

In this industry it has become very common to see projects coming from everywhere as a copycat of what is already in the market and handled by a team that know little or nothing about the idea itself and how to manage the project. Every great coin you see out there, check out the idea behind it and the team that manages the project.

[kingzpro]

a huge number of altcoins neglect to arrive at the purpose of accomplishment, even the tokens that you hold right up 'til today are progressively useless.

Investing just in the best 10 coins marketcap as I would see it is good for the future, particularly bitcoin (in light of the fact that this is the principle). Invest shrewdly and begin trading in the event that you have seen cautiously.

I don't trade ordinary due to loses, at some point the market is simply terrible and vacillates a ton however I like trading when bitcoin is bullish, most occasions I generally win

Most coins and tokens become valueless after their icos due to many reasons and factors, some main reasons for that to happen include:
False claims from team.
Tokens sold by team even after ico on exchanges will keep the price down.
Low or no development.
Listed on low quality exchanges with no volume and no buyers.
Loss of interest from community and team itself.
Regulatory issues.
Project team fails to apply any strategy to create demand for token.

[tycsols]

a huge number of altcoins neglect to arrive at the purpose of accomplishment, even the tokens that you hold right up 'til today are progressively useless.

Investing just in the best 10 coins marketcap as I would see it is good for the future, particularly bitcoin (in light of the fact that this is the principle). Invest shrewdly and begin trading in the event that you have seen cautiously.

I don't trade ordinary due to loses, at some point the market is simply terrible and vacillates a ton however I like trading when bitcoin is bullish, most occasions I generally win

As stated many a many times here and other places that all new projects are risky, they may or may not deliver what they promise after the ico so if someone is not ready to risk their money they should not invest in new projects because most of them do not deliver what they promise so their tokens become worthless. For low risk try to invest in bitcoin and eth only.

[Rengga Jati]

It is because there are many new projects that only exist because of hype, they created projects based on hype and after that, the team leaves the project and don't concern again about how their coins are, whether they are listed or not yet.

It is always like this. Some altcoins are worthless, which means the shitcoins, we just see it like something trash that I really want to throw from my basket.
But, you know, some altcoins are also big deals with great increase. Currently, some of them experience their season, increasing by more than 20% every day of their price. having also followed BTC bullrun. We can see the data on the market tracker,. they are growing.

However, about shitcoins itself, it is sure for us to be more and more carefully before investing, whether the coins are really worthy or not. Better to stay awya form that

[optimisticcm]

a huge number of altcoins neglect to arrive at the purpose of accomplishment, even the tokens that you hold right up 'til today are progressively useless.

Investing just in the best 10 coins marketcap as I would see it is good for the future, particularly bitcoin (in light of the fact that this is the principle). Invest shrewdly and begin trading in the event that you have seen cautiously.

I don't trade ordinary due to loses, at some point the market is simply terrible and vacillates a ton however I like trading when bitcoin is bullish, most occasions I generally win

Most of the people want to get rich quick and they want to sell as soon as the token from a brand new priject starts trading on an exchange, people think they are smart and they will instantly make big gains then sell and move to another project when most of the people will play this game then onviously the tokens will become worthless because of selling pressure while new projects do need ample time to develop.

[Mpamaegbu]

The worthlessness you see in projects arises from the fact that most of them are planned and structured that way to fail from the start. Those behind them just want to scam investors by putting out pseudo projects and no real substance. They copy from the White Papers of other projects and don't follow up anything. These fake devs don't know sh*t and in most cases aren't even crypto enthusiasts. They know next to nothing about cryptos. You know, one can only give out what one knows or have. That's one of the basic principles of life — You only give what you have.

[pandanaran]

That's the reason why I don't like investing in new coins because it is difficult to develop and there is no further price development, it even feels like dying after entering the crypto market. The top altcoins especially those that are already listed in the top 10 in the market are certainly worth investing in in the future.

[hd49728]

You can raise another question that is more correct than yours "Why are so many altcoins worthless since their birthdays?".

The question does not need answer. Altcoins are worthless because they are clones of bitcoin, clones of bitcoin forks, parasites on the smart contracts and ERC20 chain, and they don't have their own backbones. Worthless since their birthdays but people often do not notice such valueless instinct of altcoins. Their eyes are blinded when they see price of altcoins rise fastly after launch.

Eventually, they only realize the fact when altcoin price falls to zero and volume down to no volume.

[justdimin]

Because, they do not provide anything useful to the world that is why. There is no secret thing behind any of this, there is really nothing you need to worry about neither, this is simply just some coins not providing anything to the world and that is it.

If a coin or a token or basically any project is something people do not want to use, that will never get any attraction because if people do not want to use it, that means there is no way price of that project could ever go up because if they do not believe it and buy it that means how could it go up? This is why many projects fail, they are just useless and worthless and project founders just make it sound like it would be something everyone would want but in reality it is not something we would want and that is the end of it.

[gabbie2010]

Because some of them failure in reality, some project's produts do not match what it says in roadmap, and some of them just are an scam project.

Yes, it will obviously fail if the project does not run according to the road map they have arranged neatly, so that in the end they will scam and even die by themselves because they are unable to maintain the project for a long time.

In most cases the project developers abandoned their roadmap after earning and receiving huge funds from investors and eventually run into thin air thus rendering their token useless, some of these developers connived with some exchanges to fake their market volume in bid to deceiving unsuspecting traders,
Investing the top ten coin in coimarketcap is the only way out of this mess coupled with some knowledge in charting analysis will in a long run ensure consistency in making profits.

[Squezzi55]

Many new projects don't have solid foundations, the projects are not from blockchain experts like most old projects, nowadays it cost nothing to build a new token using ERC20 and your next door neighbor can even be a developer, it's all about money making this days that's why we need to be very careful around new crypto projects

[traderethereum]

I think that is because many projects are just copied the other successful project or the current project to get another success too like them.
That project will not think about their project's benefits to their users because of their reason to do a project because they want to make money from that project.
Some of them are not honest to their customer or their investor and they keep saying that they will explain it later after they run the project.
People nowadays become smart to select which project they want to invest and they will not waste their time searching for a project that will not benefit them.
Many of the projects become scam after the project run for some time, and the team is just run away with the investor's money.

[plr]

One of the reason is there is a lot of money to be made in altcoins because investors are looking for new coins to invest in because of the past achievement of top altcoins in the past and they want to be an early bird of that project, problem is investors are having a hard time finding those real projects.

[motun01]

there are so numerous altcoins which were marketed as though they are so creative and promising but they are only glossed over poo. They are just good according to their marketing and advancement. The engineers just apply exertion in that specific stage since they need cash. After they got the cash, they will leave the project stale to kick the bucket.
The main issue that i think has failed to be addressed is the fact that a lot of investors dont research well enough, they just jump on projects due to FOMO and as a result they get burnt

[zhea]

One of the best to scam people these days in cryptocurrency are creating their own altcoins, it's purely hype. Some people or entities are doing for aged now, they know how it works. That's you see a lot of new altcoins are become worthless because they are literally scam. Some people behind on some shitcoins may be the same all over the time, they just create another shitcoin to scam again, just like cycle.

This unfortunate thing is very true and I agree with you mate. Scam altcoins won't progress overtime and they just faded away without us knowing.
There are just greedy people who uses cryptocurrency to fool others and just can't help to think why people fall to this modus even with today's technology.

[Dragonfund]

There is huge number of them that are listed on coin market cap every week and they all the same, just one of two do have great volume to begin with.
More projects comes with different ideas as soon as a new trend emerges and the latest one is DeFi. Out 10 project that are listed 9n market cap weekly, 9 of them are always about DeFi with the same idea, nothing new but juts staking and mining bullshit.
If you want to do your self a favour and don't want to be caught up on pump and dumps, you should avoid most of them except you want to buy at presale with a bonus that an cover up your loss incase of any dump. This is also dangerous though, I have witnessed a recent project, Lattice exchange ( another DeFi) was hype but price is below the presale price and the rest of their toke lns is vesting till a particular period. This is why is considered it unsafe.   

[jawatulen]

i think the power of bitcoin made a lot of altcoins worthless even dead