Three questions for old crypto fans

[justdimin]

I'd think it's normal, but that's on the occasion where you did your own DYOR. It's a nice startup for look for investment locations though if you're lost. As for projects, well old projects that don't see any improvement are bound to lose their place and get replaced with new blood., especially in the case of crypto where a lot of projects come and go every year. And I'd reckon to compare the most similar scenario for Luna was that big altcoin scam that took years to build up before the owner just poofed out called OneCoin I think? So yes, it's not really a "failure" per se, but you'd see coins like Luna come and go as well.

I do honestly believe that old projects that do not improve and keep up with the times going to always end up being worse. Why do you think that ETH being the second biggest coin of all time still trying to improve and change some stuff and constantly have the need to develop? I mean they could easily say they are second biggest and be done with it, but they do not, and they keep working on it, why do you think that is?

It’s because if you do not keep improving then you are going to drop eventually. Same goes BNB and same goes for all the others, they all try to keep on evolving at all times to become something much bigger than they ever before.

[Wawa2013]

I'd think it's normal, but that's on the occasion where you did your own DYOR. It's a nice startup for look for investment locations though if you're lost. As for projects, well old projects that don't see any improvement are bound to lose their place and get replaced with new blood., especially in the case of crypto where a lot of projects come and go every year. And I'd reckon to compare the most similar scenario for Luna was that big altcoin scam that took years to build up before the owner just poofed out called OneCoin I think? So yes, it's not really a "failure" per se, but you'd see coins like Luna come and go as well.

I do honestly believe that old projects that do not improve and keep up with the times going to always end up being worse. Why do you think that ETH being the second biggest coin of all time still trying to improve and change some stuff and constantly have the need to develop? I mean they could easily say they are second biggest and be done with it, but they do not, and they keep working on it, why do you think that is?

It’s because if you do not keep improving then you are going to drop eventually. Same goes BNB and same goes for all the others, they all try to keep on evolving at all times to become something much bigger than they ever before.

If projects are only created for fundraising, or there are projects that are used to simply make pump and dump. Without a development team
that can continue to develop these projects. So projects like that I can predict will disappear and are very bad as an investment choice.
That's why when investing in crypto we have to make sure the projects we buy are really potential, by doing our own research and analysis.
That way we don't choose the wrong projects when investing, why new projects no matter how good are always more risky, because we can't
judge the track record of these projects. That's why ETH and BNB are so popular and in high demand, because both coins have a good track record.
Because ETH and BNB do have a solid development team and always develop their projects for the better, that's why they can survive in the crypto
world and are trusted by many investors.

[BobK71]

Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

It cannot be said that any particular project will make a big scam in the future.The Luna scam basically failed to keep stable coin UST. But almost all the coins ranking from 1 to 20 are good coins with less chances of scams. But anything can happen in crypto. This requires careful consideration.

[wiss19]

I don't know what you mean by VC's but it is always possible for any of the coins to fail even if they are currently at top spots. Luna is one of it but it's not the first or going to be the last. The key here is to monitor always your investments. Frequently check the updates around them and the news to get a hint if where will they head and you can decide whether you will take an advance actions or not.

The coins that are above the top 10 or 15 ranks are not really strong IMO so they can easily be replaced by the coins which are over the top 20 but they aren't always a new coin. New coins need to show their worth first before they can be able to join the top ranks.

[Lagduf]

Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

It cannot be said that any particular project will make a big scam in the future.The Luna scam basically failed to keep stable coin UST. But almost all the coins ranking from 1 to 20 are good coins with less chances of scams. But anything can happen in crypto. This requires careful consideration.

Luna may become the different case and that gives a very important lesson to us if stable token that doesn't have reserved funds to peg it will be a very risky investment. Luna has been used to peg its stable token which has been going down when the stable token become de peg.
That proves that mechanism that already used by luna was a failed. The new developers must not use such mechanism anymore

[KingsDen]

the top 20 coins can be said to be a perfect 98% coin in its market and community volume. If Luna's class suffers a loss, it's only natural. maybe luna is in shabby and worthless time just make history
top coins will remain in their position if Dev continues to commit to their goals, not stop in the middle of the road and must continue to develop and be innovative

I think that top 20 is high risk and could change any time even before a cycle elapses. The persistent of the bear market has changed or will change the trend. That is why I prefer to go for top 10. As bad as it might be, I am sure that all the top 10 coins will make it to bitcoin halving and all the top10 will survive the beae market. But this cannot be said of top 20 coins. If Luna could be taken by surprise amidst its market cap, it can handle to any random coin whose developers or team blinks eyes on the fast lane.
So, you do your own research even when VCs invest in a particular project, it's not an assurance.

[abel1337]

Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Well yes, Top 20 projects are shifting mostly every bull run. They are being replaced by new altcoins that is align with the trend and old coins are staying strong but they are being overlapped by newer once. If VC invested on a project, It doesn't mean that it is a sure rugged project but there a high chance that VC knows that they can make money from it so riding it along with VC wouldn't be a bad decision, Remembered that they are a business and they want to earn money from their investment so we could safely assume that the project they invested is carefully being researched by VC. 

[eaLiTy]

I don't know what you mean by VC's but it is always possible for any of the coins to fail even if they are currently at top spots. Luna is one of it but it's not the first or going to be the last. The key here is to monitor always your investments. Frequently check the updates around them and the news to get a hint if where will they head and you can decide whether you will take an advance actions or not.

VC means venture capitalist, since you took the example of Luna, Binance was a VC through Binance labs as they invested $3 million as seed fund in Luna and they had $1.3 billion in Luna holdings and it was clear that Do Kwon was withdrawing millions every month till it crashed completely and even a big giant like Binance could not identify these cracks, because if they knew they would have cashed out their holdings and do you really think that it is possible for an individual investor to identify when it might fall.

[thecodebear]

Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Yes it is normal to invest in projects VCs invest in because VCs invest in major crypto projects.
Certainly possible for top 20 coins to fail. An immediate collapse like Luna is unlikely, but everything outside of Bitcoin (and to a lesser extent Ethereum) is just pure speculation so there's no reason why the 3rd, 4th, 5th, etc largest coin won't fail.

And yes there is a good amount of shift in the top 20 every cycle. In 2024 and 2025 for next bull market there will be a new crop of projects that will get hyped up and some of them will move into the top 20 or top 10. Because it's pretty much 100% speculation once you get beyond Bitcoin that means that newer projects will always replace some top older projects each cycle. This will continue to be the case until we see crypto projects actually start showing real world value that goes beyond bull market fads. You can expect pointless cryptos like XRP, DOGE, SHIBA to continue to drop and new projects to grow larger than them. And smart contract networks platforms like ADA, DOT, TRON, AVAX, etc may drop or may continue to stay among the top depending on their hype levels compared to newer projects in the next cycle.

[virasog]

Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

What happened with Luna does not happen with all the coins and the top 10 to top 20 coins are still the best investments.
Also in every bitcoin cycle, that is a four year period (from one halving to another halving), you will find many coins disappear and many new coins will make their position in top 50 or top 20 coins. Many popular coins with a lot of hype sometimes disappear in the bear market as if those coins never existed.

[Stella Mese]

in crypto we never know what will happen in the future. even like the Luna tragedy, no one knows the beginning. So it's possible that altcoins that are ranked 2-20 will fail like Terra Luna. it is because of this risk that we must be careful in investing in altcoins. we must always monitor the news. because information is needed in making a decision in an analysis. that's what I just learned.

[GreatArkansas]

(.....)
And also can we see another top project in the rank of 1 to 20 failed like that of Luna?

Big YES. This is already proven over time. We cannot say it is failed but it is slowly going to fail or be replaced by other quality projects or new projects. For example forked of Bitcoin, like Bitcoin cash, Bitcoin SV, and many more. At first they are on top, full of hype, pumps and dumps everywhere but after that, they are slowly going down.

[AmoreJaz]

(.....)
And also can we see another top project in the rank of 1 to 20 failed like that of Luna?

Big YES. This is already proven over time. We cannot say it is failed but it is slowly going to fail or be replaced by other quality projects or new projects. For example forked of Bitcoin, like Bitcoin cash, Bitcoin SV, and many more. At first they are on top, full of hype, pumps and dumps everywhere but after that, they are slowly going down.

indeed! there are many old projects that were previously in the top 10 or 20 but they are now sliding down their position. as quality projects are rising up, those crappy ones and with no solid use case will go down their ranking.  as you mentioned, the hype before with forked coins were great, but later on, people still go back to the original btc, hence, slowly dying the hype surrounding the forked btc.
remember, the position of those coins regularly changes because it depends on their market performance and how they are progressing with their actual developments.

[Lagduf]

in crypto we never know what will happen in the future. even like the Luna tragedy, no one knows the beginning. So it's possible that altcoins that are ranked 2-20 will fail like Terra Luna. it is because of this risk that we must be careful in investing in altcoins. we must always monitor the news. because information is needed in making a decision in an analysis. that's what I just learned.

There have been so many cases top coins were falling like luna. I can mention some like Bitconnect, LUNA, Centra and many more. These coins have been falling to the zero value caused by they were running by scammers. Investing in the altcoins the most difficult things to do rather than investin in bitcoin. The problem so many people didn't even care with DYOR. they keep abandoning how important dyor for all of them

[wxa7115]

(.....)
And also can we see another top project in the rank of 1 to 20 failed like that of Luna?

Big YES. This is already proven over time. We cannot say it is failed but it is slowly going to fail or be replaced by other quality projects or new projects. For example forked of Bitcoin, like Bitcoin cash, Bitcoin SV, and many more. At first they are on top, full of hype, pumps and dumps everywhere but after that, they are slowly going down.

And this is not rare at all, even in stocks this happens, there are stocks that were very popular decades ago and now if you look at the top stocks in the market you will not see the same companies anymore.

And since this market moves way faster than the stock market then it is natural that the coins which are at the top today will not be the same ones we have a few years down the line, and it is easy to see this is the case if we take a look at the coins which were at the top at the beginning of each year and see how they have been changing over the years.

[jaberwock]

in crypto we never know what will happen in the future. even like the Luna tragedy, no one knows the beginning. So it's possible that altcoins that are ranked 2-20 will fail like Terra Luna. it is because of this risk that we must be careful in investing in altcoins. we must always monitor the news. because information is needed in making a decision in an analysis. that's what I just learned.

There have been so many cases top coins were falling like luna. I can mention some like Bitconnect, LUNA, Centra and many more. These coins have been falling to the zero value caused by they were running by scammers. Investing in the altcoins the most difficult things to do rather than investin in bitcoin. The problem so many people didn't even care with DYOR. they keep abandoning how important dyor for all of them

That’s the end of many coins that would not be promoted for being good, but only for being profitable by cunning ideas. Look at BCH and BSV as well, those were top 10 coins for a while, I remember clearly that BCH even reached top 5 if I am not wrong, where are they now? They were only there because they had an idea that "may" work and it didn't and that’s why it crashed.

Any project that doesn't have a strong fundamental in it, and just gets promoted thanks to hype and a potential profit, will always end up going down. Same happened with many coins so far and will repeat in the future. Biggest scare is doge now for example, worths nothing, not a single original line of code, just hyped.

[so98nn]

There is nothing new in the way it works for replacement of top 20 with newly formed altcoin. Sometimes it’s more or less new investment drift which causes them to hit the top 20 rank but many of them do fail eventually once the marketing drift is lowered.

When new coins come to the market they have full attention on the marketing, promotions, free airdrops and almost every social account get flooded with their name this huge volume drive their and they pretty much become star of the market.

However, the older players are more busy into hodling process, revalue exchanges and that’s why keep falling to the lower side but that’s always temporary.

[tvplus006]

Is it normal to invest in projects that VC's invested money on? ...

If you invest in projects in which have invested VC's, it will be safer than if you invest based on your research, without having the appropriate qualifications for this. But it should be remembered that the purchase price for you may be several times higher than that of VC's. Accordingly, if the price drops, then you will receive a loss, while investments VC's will be in profit.

[Mario Yamasaki]

Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

The most important thing when we invest in cryptocurrencies are loss opportunities because drops or scams are normal, don't always think that what we invest will profit, never even sell assets for investment in cryptocurrencies, drops projects like Luna are not the first and I'm sure next There will be a lot and we must be prepared.

[irhact]

Is it normal to invest in projects that VC's invested money on?  And also can we see another top project in the rank of 1 to 20 failed like that of Luna? For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Some altcoins still retain their spot in the top 10's or 20's while others move up or down. The industry is growing so we shouldn't expect some stability anytime near. We'll keep seeing the volatility both in position on ranking sites and price of project for a very long time. The cryptocurrency market is a speculative market so you can always follow the money and be profitable doing so. Vc's have the money and when a project is funded very well, they tend to do very well so you're liking investing in the project VCs invest and profit then going to look for one yourself.
Don't get carried away though as this VCs get into project so early that they're always at advantage not minding how the market is moving, so you have to be on your A game as well and stay update so if the VC are moving out, you do so as well and not get dumped on.