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Author Topic: How true is this?  (Read 563 times)
irixo10
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November 24, 2020, 03:39:12 PM
 #21

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?

That is true. Once the market is green, it attracts a lot of attention and some of those attentions comes from dead projects whose team will come up with an idea to revive the project, but in reality they are only up because they want to take part of the growth and make their own money. They will surly start coming up and any project doing that should be avoided or studied with extreme carefulness, because for the fact it failed the first time, there is no guarantee that it won't fail again. Also, this situation happened as well during the DeFi early stage, wherein most projects started adding Defi features just to attract investors and today, what's their fate.
On the other hand, not only dead projects, but new projects will also start coming up, and when looked properly, they won't have anything good to offer other than to just follow the hype and so on. Lastly, there is need to be careful of most projects both old and upcoming, especially during this forthcoming altcoin season.

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November 24, 2020, 03:39:41 PM
 #22

It's possible, I've promoted projects like Dain.ai and ez365, till date they keep postponing their launch dates and there are few others that refused to launch like Bitwings, maybe if altcoin season starts showing big signs the projects will launched but such projects can't be relied on, this means they can't keep the project alive if bears take over the market

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November 24, 2020, 11:57:28 PM
 #23

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?
Well, that is true. Many projects take advantage of the green market and follow the hype to pumping their token sales. For example the last hype on Defi, there are plenty of projects had launched with their sales wich the projects itself don't have any real utilities nor have a solid foundation behind but still successful to achieve their max cap sales.
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November 25, 2020, 12:34:39 AM
 #24

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?
Yeah it's true.Most altcoin projects are scam and just try to take advantage of market and new people who try to invest because of hype ends up taking loss.People investing shouldn't carelessly invest in ICOs and should investigate how is project's team, when are they launching etc.
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November 25, 2020, 06:00:50 AM
 #25

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?
Yes many team will start rushing their projects to take advantage of the bull market but it also shows how weak the team are, if there is no bull market will they decide never to launch their projects? Such team can't be trusted, if I find myself in such projects I will ride along and take advantage too cos there is a possibility that after bull is done the projects will stop functioning

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November 25, 2020, 06:46:35 AM
 #26

actually they are not in a hurry but indeed they are using fomo for their own benefit and if you correct more deeply many of them are not legitimate

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November 25, 2020, 06:52:00 AM
 #27

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?
This is true, but it happens only in small numbers and not all projects will. I have seen fomo projects following the uptrend of the market to enter this market, and those projects are very short-lived.

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November 25, 2020, 07:16:15 AM
 #28

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?

Even it is not altcoins season dude, there are a lot of projects campaign that arise now even up to the present, particularly if altcoin season really come back and for sure scammers or scam project will become rampant.
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November 25, 2020, 07:50:07 AM
 #29

I think the bigger issue here is that of fundraising. I would argue that most ICOs and IEOs are likely scams. Many teams build without taking funds directly from the public, they build then launch a crypto or if they need funding, they reach out to VC. I only invest in cryptos that are mineable and have no premine, like 0xMR. That way the devs can't dump on me, VC can't dump on me, presale ICO investors can't dump on me, and exchanges that host IEOs can't dump on me. I only invest in cryptos with a fair distribution like 0xMR and I've saved myself a lot of money, time, and heartache doing that.
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November 25, 2020, 07:53:23 AM
 #30

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?

Even it is not altcoins season dude, there are a lot of projects campaign that arise now even up to the present, particularly if altcoin season really come back and for sure scammers or scam project will become rampant.
Because if those projects do not follow the uptrend of the altcoin, it will be very difficult for it to be launched. What I can see from such projects is that they only have enough operating money and no capital or little capital to thrive. So it is easy to understand why there are projects that lose 99% of their value and consider them dead.
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November 25, 2020, 08:14:04 AM
 #31

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?

Yes this is true unfortunately.
Many will rush to catch the price action, and most if not all will fail to deliver and have bad consequences. So be careful, i bought many altcoins in 2017 which seemed promising, and are now worth nothing
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November 25, 2020, 08:27:49 AM
 #32

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?

It is very common practice, there is no rocket science about it, once the enviroment is very conduceive you will see new project spranging up from different angle, everyone wants to take advantage of the market to make quick profit while it last, back in 2017 there were many project that where created soley for that purpose, it is letf for individuals to take note and observe properly to identify such project.

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November 25, 2020, 09:19:51 AM
 #33

Right, the green light is the right time to raise funds, very many projects are born prematurely just to take advantage of the hype. You should really pay attention to every project that has just been launched, because scammers will always be looking for ways to get money quickly. Remember, good projects will not appear hastily.

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November 26, 2020, 10:15:33 AM
 #34

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?
Yes, that is true. But many projects doesn't mean all project will increase and get the advantage of the bull run.
Maybe the project which is at the top 100 will increase in the altcoin season, but that is only a prediction from people.
You should search for that project by yourself, so you will know what project you should invest in before the price of that coin or token increases.
Many new projects in 2017 rushing to take advantage of the bull run, but that project can not survive after the 2017 moment was the end, and now, that project does not have a chance to increase back.
So you need to be careful to choose the project, make sure that you already research to find the project, and don't use too big money if you don't have much info about that.
You can also get a scam project because the scammers will use that moment to launch their project too.

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November 26, 2020, 10:24:15 AM
 #35

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?
Bad projects use crypto market conditions to their own advantage, they aren't so confident that their project will be successful, all they can do is wait for an opportunity but little did they know that they've let their investors down and also lower their own credibility too, such project will only receive dump after the tokens are listed because people won't trust them

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November 26, 2020, 10:41:32 AM
 #36

they dont need to wait for alt season because at normal times theres still a project that is created daily but altcoin season or if theres a new trend will make those coin creators motivated to make a coin  .

take a look at defi , when it came out there are projects that named defi on it  . being motivated is good because they will not postponed the project after they gather funds from the investor and there will be less scam supposed to be but the worst thing still happens  .
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November 26, 2020, 11:06:24 AM
 #37

Is it true that if altcoin season starts many projects will be forced to launch just to take advantage of the green market? There are some projects that failed to launch since 2019 I heard and some said that in 2017 many projects start rushing to take advantage of the market, how true is this?

It is indeed true dude, actually even until now it is still happening here in crypto space whether here in bitcointalk, bitcoingarden, altcointalks,
cryptotalk and Vitalik forum they are rushing because they new that there is a lot of money they could from them via campaign projects that will arise in cryptocurrency business.
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November 26, 2020, 12:53:14 PM
 #38

In my opinion, not all projects are launched in a hurry to take advantage of the green market, although there are also projects launched by taking advantage of the market, not all are successful because now investors have learned from experience and know which ones are good ones to invest in new projects
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November 26, 2020, 01:01:08 PM
 #39

I think that this is a treu idea because many altcoins that hit the market in the end of 2017 ( Regardless the idea of the project) had a good chart and at least their price didnt go under the ico price

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November 26, 2020, 01:10:38 PM
 #40

It is also true that after the ICO bomming in 2017, new ICOs emerged with different concepts and in the end they ended up with fraud through raising ICO funds only for their personal interests. as time went on, there were IEOs, ITOs, and currently DEFI. be wise before investing in any kind of project!

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