Is this the end or only the beginning

[mich]

I do not think that this is the end of alt coins. I firmly believe alt coins are here to stay. On the other hand this is the time for many companies to exit while the market is down.
There is no doubt in my mind that many companies will not remain financially solvent throughout this coming recession. In my opinion, some companies closing their doors is not an indication that alt coins will go away but perhaps a sign that the market will change.

[1715477542]

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[RussianEnglishTranslation]

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.

There will be less rugs as more regulation comes in. Fortunately for investors looking for returns right now, there are a lot of projects that have been around for 2+ years that haven't exit scammed and can be deemed blue chip investments, like HBAR, Polygon, ICP, and Celo for example.

[LUCKMCFLY]

The altcoin projects will always exist and will be very huge, as everything that is coming, which are the metaverses, are growing, within the metaverses there will be projects and those projects will surely enter the . ICO, NFT and all those who believe, in fact I think that the Erc-20 network could happen in a good way because the scalability and everything that has to do with the high fees could have turned out a bit, so I think it is not the end, I think it is the beginning of an era that is within the metaverses and without the metaverses the projects will continue in the same way.

[fuer44]

In the cryptocurrency world, it is very anonymous, no one knows the CEO's data if he hides it, for example, if you see a similar project managed by the same admin, they only have their project names, without including their real names and original photos on their website, it's very dangerous. because it is advisable to research the project first before we actually invest. But I think it's better to stay away from DeFi which hides who their team is.

those are some of the weaknesses in the crypto world, when there is cheating from the developer, then we will not know what will happen next because all data in crypto from personal data to transactions are all anonymous and difficult to trace. For example, even if it is brought to law, it doesn't seem like it will come to light because the crypto world is actually a risk.

but this is not the end, seeing the recent trend of NFT, I think this will make the crypto market bounce back.

[Devifajarina]

It is difficult to count the number of projects that will develop and die in the middle of the road, because a lot of those who continue to appear, both Defi, Metaverse and Luna have almost the same team and development, the CEO's popularity level cannot guarantee that they are easy to develop the project, because for some people it is not the key to seeing the success of the project, so the three models have different levels

We really have to get used to the many new projects that have sprung up, that's because the crypto world always has a lot of trends.
And most of the new projects that are circulating usually end up being scams. Therefore, I am not surprised to know that many projects
will die in 2022. Moreover bear market is likely to last throughout the year. This has finally made many investors hesitate to enter the market
in the current market situation. It's not even a guarantee that a project that has a popular development team can continue to grow and survive.

For example, with what happened to LUNA, no one expected that this year LUNA could experience a very drastic price decline. Even LUNA has
harmed many investors, even though LUNA has a popular development team and a pretty good track record. But it is proven that
the popular development team does not guarantee that we can get profit from the project. In the end we have to be careful in choosing
potential projects, really do research and analysis properly, to avoid investing in the wrong projects. The most important thing is not to trust
other people's opinions when choosing projects for investment. Because the best we really have to rely on ourselves in choosing good projects.

it's not wrong when many people start trying on new projects, this is something new and must be followed, but can all this go according to our wishes, doesn't everyone enter this space to seek profits and minimize the risk as small as possible, Luna is an example most of the failures of new existing projects, knowledge and caution are needed to carry out investments here

Not all new projects are bad investment choices, because there are some new projects that are good and have a clear function. So it's not wrong
if we want to invest in new projects, but the problem is finding good new projects is very difficult. Because based on the results of my investigation,
the majority of the new projects in circulation are not worth buying, and just copycat the previous project. I mean than we end up choosing
the wrong projects and lose the money we have, we better take safe steps not to invest in new projects. Unless we have good analytical skills and
are also experienced in the crypto world, we can try investing in new projects. But if we do feel lack of knowledge and experience, even our
analytical skills are not too good. So it's better to just focus on investing in Bitcoin and Ethereum which are very safe, because investing in Bitcoin
and Ethereum is less risky than new projects. In addition Bitcoin and Ethereum will usually always recover no matter how deep the price drops,
most importantly we can patiently wait until Bitcoin and Ethereum reach the price target we want.

The number of successful new projects is not included in the category of success, because of the many launched, only a few are able to provide a level of success, that's a reference that people hold and that is the occurrence of new project freming, without making an analysis and find out first before Enter too far.

For me it is not a problem to take a role in a new project, but must have a development that is close to the word success, this is only interesting for us to enter further. Therefore, basic knowledge is needed to make an analysis, so that we are not trapped in the wrong project.

[Wildwest]

If the current state of the market is of course many projects that are experiencing financial problems and they must be able to survive until later they will find a safe zone, and I am sure that many large projects have a good team and they will definitely maintain their projects as much as possible, and they definitely do not want to suffer the same fate as the LUNA project, hence the current price drop is indeed very difficult to maintain in a project.

[monineklutak]

The number of successful new projects is not included in the category of success, because of the many launched, only a few are able to provide a level of success, that's a reference that people hold and that is the occurrence of new project freming, without making an analysis and find out first before Enter too far.

For me it is not a problem to take a role in a new project, but must have a development that is close to the word success, this is only interesting for us to enter further. Therefore, basic knowledge is needed to make an analysis, so that we are not trapped in the wrong project.

Yes it is, because it will take a long time when one project wants to be labeled as a successful project. In fact many of the new projects are only successful at the beginning, but after a while they are no different than junk coins.
I don't think it's great for beginners, because sometimes even those who have been in the cryptocurrency for a long time are stuck at a loss. Again, prudence in analyzing is an important factor, besides that sometimes we have to hold back on our ambitions even though we are sure of what we can from the research carried out.

That's why it's quite risky to talk about a new project where we don't know what the project will look like,
This is true because analyzing it without paying attention to the correct rules is not enough,
it's not easy to hold on to that ambition

[Nrcewker]

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.

The best thing we can do in this scenario is just avoiding investing in these coins.
Just simply ignore this projects if you love your hard earned money.
Also if you want quick profits from this penny projects, then better do gambling to earn great profits in shorter period of time.
These types of projects are only made to profit the owner, so it’s better to keep these projects in sides.

[icalical]

What happened to Luna is not just fate, at best it was a flaw on their system foundation that is exploited by some whale, at worst their founder purposely designed the flaw an then collaborating with some people to make one of the biggest fraud in cryptocurrency history. Whatever happened to Luna, I believe that most of the top rank crypto project right now is actually trying to give solution, I won't say that they are completely honest, but at least most of them are actually trying to solve actual problem.

[Wong Gendheng]

Although the market has not recovered, but in my opinion this is normal, even when in 2017 the Red Market it takes about 3 years to recover, and we enter the negative period not a year and see the price movements that occurred I was sure it did not take long to recover soon.

[posi]

I do not think that this is the end of alt coins. I firmly believe alt coins are here to stay. On the other hand this is the time for many companies to exit while the market is down.
There is no doubt in my mind that many companies will not remain financially solvent throughout this coming recession. In my opinion, some companies closing their doors is not an indication that alt coins will go away but perhaps a sign that the market will change.

The altcoin market is always like that, always changing after each bear cycle and as we can see through the many cycles of the market, we have more and more serious and promising altcoin projects.

The altcoin market is a very important part of the crypto industry, an integral part, every innovation, new technology comes from the altcoin market. While investing in altcoins is riskier than bitcoin, its potential cannot be denied.

[sulendra12]

How many projects will rug pull in 2022? There are many projects that will face the same fate as Luna project but I believe we are able to raise voice on Luna CEO because he is popular and well known, what about projects with invincible CEO? There are tons of Defi and metaverse projects with invincible team, I think their case will be much worse than what we've seen.

Most of the new projects are actually falling to the ground if they don't have strong community and team to even start and even then they have strong community and teams it doesn't mean that they will have a chance to just run away with investors money if they want to and we have seen that a lot of time in here if they are not serious about their projects.

[Devifajarina]

Yes it is, because it will take a long time when one project wants to be labeled as a successful project. In fact many of the new projects are only successful at the beginning, but after a while they are no different than junk coins.
I don't think it's great for beginners, because sometimes even those who have been in the cryptocurrency for a long time are stuck at a loss. Again, prudence in analyzing is an important factor, besides that sometimes we have to hold back on our ambitions even though we are sure of what we can from the research carried out.

It's rare for new projects to stay successful, usually they're only successful at the start, then just disappear along the way. As you said, people who have been in cryptocurrency for a long time are also stuck in the project, especially for those who are new to cryptocurrencies, this is why it is very important to understand the concept of the coin journey thoroughly, otherwise we will be stuck in a short understanding

That's why it's quite risky to talk about a new project where we don't know what the project will look like,
This is true because analyzing it without paying attention to the correct rules is not enough,
it's not easy to hold on to that ambition

That's why the importance of basic knowledge regarding crypto as a whole, because the development of new projects usually uses almost the same method, to maintain that ambition, some knowledge is needed, so that when a new project starts to launch, we have the knowledge to analyze