Three questions for old crypto fans

[Harchive]

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?

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[jackg]

Yes it nearly always happens that way.

Things like bitcoin, eth, monero and polkadot are less likely to shift from the top spaces based on market cap (but eth, xmr and dot are still likely to fall compared to bitcoin as all altcoins are and have proven pasts of doing).

There hasn't been that many cycles though too to base things like this off which should be another concern here. There's a chance something could emerge to outshine everything near the top (a few CBDCs or a big tech issued token could cause a few of the top slots to slide).

I used to think 1-10 was low risk and 10-20 was higher risk (back in about 2018) but I think that's changed too.

You could look for what VCs invest in but make sure you actually do your own research - even if it's just taking time to watch a video on it from YouTube or a quick flick through their whitepaper and forum.

I think axie is an example of another coin recently that fell from nearer the top before, I doubt it was reported on much because it was defi gaming and that industry seems weaker than the stablecoin one.

[Outhue]

Yes because VCs are not blind, they always go with very good projects but it's better to do your own research, VCs involvement with a project doesn't mean it can't turn to scam or crappy project. Remember LUNA?

The more new ideas are created and built into new projects many old top ranking projects will lose their ranks and get replaced by the new projects, this is somewhat normal, a project has to be very strong to retain its rank after several years, for example Ethereum.

Popular layer 1 projects are topping the top 10 on coinmarketcap today, we already have Layer 2 and it's possible that attentions may be shifted to layer 2 some day making layer 1 lose their positions too.

Final advice, always do your own research.

[jossiel]

  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 and yes.

It is very likely that a new project will be replaced by a new one.

After all, the market's ranking is depending on the market cap of a project and when an old project gets lesser demand.

That is for sure will be its fate and that is to be replaced by a new one.

As for the projects likely going to end up like Luna, we do not know but yeah, possible.

[Piesel]

This has been the trend since the ICO era, altcoin market has come with a lot of different trends that always replace the existing trends and the coin in the top 20 will not remain on that list for long there are always replaced with others.

If you have been following the trends you will already be familiar with some of them by now such as ICO, IEO, Metervarse, NFTs, etc these are all altcoin trends that have brought a lot of hype into the market with most trending projects then no longer amp g the top performing projects at the moment.

[Jating]

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

Of course, it's just riding the coat tail of those VC's, like copy trading, the question is how and where do you find those VC and what project they are investing?

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?

That's always been the case, some projects suddenly went to the top 1-20 like BNB and ADA. And for the Luna case, there could be as we know that market is too risky and volatile and we don't know the people behind. If there intentions are real like Do Kwon, who gain the trust and reputation, but his project collapse right in front of us.

[maknyos]

There is almost always something changing in the 10 to 100 rankings on coinmarketcap. there is always a new project that will dominate the market causing the ranking cycle to fluctuate all the time. in this context if a VC withdraws initial capital on a new project, it is certain that there will be a major shock to the coin price as the new coin has a low market cap. Well, in terms of determining a new project that can penetrate rank 10 or 20 on coinmarketcap, very rarely anyone can predict it.

[serjent05]

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

A Crypto project is a venture where the future ahead is uncertain, there is a possibility that a cryptocurrency project will fail after several years on the market.  Hackers are relentless attackers, so any Crypto project can be a victim of a hack that can turn its successful years to ruins.  Aside from that, project developers are also human susceptible to errors so it is also possible for a top project to crash due to mismanagement.  There are also recorded history in the financial industry of top company getting bankrupt because of mismanagement and certain events.

For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Not always but sometimes there are exceptionally promising altcoins being launched every now and then that can make some of the projects on the top 20 altcoin move down in their rank.

[insidertradingeverywhere]

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

A Crypto project is a venture where the future ahead is uncertain, there is a possibility that a cryptocurrency project will fail after several years on the market.  Hackers are relentless attackers, so any Crypto project can be a victim of a hack that can turn its successful years to ruins.  Aside from that, project developers are also human susceptible to errors so it is also possible for a top project to crash due to mismanagement.  There are also recorded history in the financial industry of top company getting bankrupt because of mismanagement and certain events.

For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

Not always but sometimes there are exceptionally promising altcoins being launched every now and then that can make some of the projects on the top 20 altcoin move down in their rank.

I totally agree, a new project now is usually a new technology, unless of course it is to be on the first coin list. and as long as there is a market, there will always be something better than before... it's evolution, natural selection.

[samcrypto]

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?

Copy trade can be a thing, but always following someone's decision might put you on a bigger risk so better not to rely on anyone and don't make any decision if the top investor adopt a project, that doesn't mean it's a good one.

Old project like NEM/XEM was on the top 20 before but due to the competition they are not able to adopt it and now they are down to rank 90. It's really possible to replace the old project by the new one, this is a very competitive market and if you failed to develop new things expect the worst scenario.

[wheelz1200]

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?

Will a top 20 coin fail like luna...YES.  If history has taught us anything its that nothing is forever in crypto.  The next bullrun there will be other projects and flavors of the month that take over and nthose coins will pop in the top 20.  Only thing that has been constant the whole time...bitcoin.  everything else is temporary.

[TribalBob]

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

[Rengga Jati]

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

We really can't deny that VCs may be one of the parties that are usually considered when investing something in the crypto world. However, this is not the only element and reason. Even though VCs invest in new projects, we must also analyze further whether the project is really suitable and worthy for the long term, or just for hype. Because many people only take advantage of the hype so that the project will easily fall.

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

I am sure that non can predict it exactly because the fall of LUNA is also unpredictable at that time. We saw LUNA as a very promising project with great progress and development, but suddenly it is fallen down and made this as shit now. So, it may be possible, but we can't predict exactly. And hopefully, this will never happen again, enough only for LUNA.

For those who have been here since 2016 do new altcoins always replace the present top 20 altcoins every crypto cycle?

IMO, it's possible.
Some may take over others, the new one may get higher and some on the top previously may be replaced. As we have seen on some coins or tokens previously. But, not all top coins are replacable. It will depend on each project. But, exactly, it's undeniable to see this probabiloties.

[Tony116]

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?

Investing in VC-invested projects is also a factor to evaluate the quality of projects, for example, Binance Lab funds most of the projects they invest in are successful because they have a team of research and thorough screening before investing. But that does not mean that the project they invest in will not be a scam in the future, because they are also investors and not project owners. So you can rely on that and do your own research and then decide to invest.

We are in a young, open industry, so it is normal for old projects to be replaced by new, better projects with more utilities. That shows that the market is developing very well, which is a good sign.

[danherbias07]

Lisk is one, it didn't really fail but I think the support just went down because of the new coins and projects that came out.
It will happen like a cycle.
In a year or a couple, there will be new players or old ones being hyped by some billionaire or whales to put them in the high rankings. But, I won't be so sure about their intentions, it may not be good and was only done for selfish profits. That is where you have to be careful with.

[bittraffic]

Never run out of projects in blockchain. Smartcontract platform competition was the first to have come up and outranking each up to this day.

Lisk is one, it didn't really fail but I think the support just went down because of the new coins and projects that came out.
It will happen like a cycle.
In a year or a couple, there will be new players or old ones being hyped by some billionaire or whales to put them in the high rankings. But, I won't be so sure about their intentions, it may not be good and was only done for selfish profits. That is where you have to be careful with.

Been around that time also. It was when more of the users has the enthusiasm to really support projects thinking this is the future. The prices of the tokens including Startis and Lisk and etc shoot to the moon while we got them for less than $0.20 I believe. Comes bear market after 2017, none had ever improved.

Maybe because I sold and unsubscribed already but I should be seeing threads in the forum if they were to update investors. No one talks about them anymore in the forum.

[Dave1]

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?

Since crypto is cyclistic, I would say Yes on your 3 questions.

VC knows some inside information or at least they have a bird eyeview and so they are the one who invest first on a company that will blow up in the future. So it's normal I would say to inves on those projects being endorse by VC.

Maybe projects in the last 4 years have been a boom or bust. They started hot going as high as 10-20 and then disappear. It's how crypto works and only prime mover coins will have a chance to stay in the market for many years.

[TravelMug]

Lisk is one, it didn't really fail but I think the support just went down because of the new coins and projects that came out.
It will happen like a cycle.
In a year or a couple, there will be new players or old ones being hyped by some billionaire or whales to put them in the high rankings. But, I won't be so sure about their intentions, it may not be good and was only done for selfish profits. That is where you have to be careful with.

If I may add to than, remember QTUM back in early 2017? They were like the Ethereum killer or the next Ethereum if I'm not mistaken.

But look at it right now, no one remembers this project, Lol, but back then it's highly touted even here in our community and we've seen support and consensus. But after 2017, it's forgotten as new projects comes along and overtake it with better and improved technologies.

[YUriy1991]

If you want to see the safer and more powerful side of the crypto market then take a look at the top 10 but it has to make more sense because we can't look like 2016 anymore. The opportunity is not as big as it used to be, there are many altcoins that have greater potential and will continue to increase so we can choose them instead.

Yes, my opinion for your question above is normal, especially for investing like this. After all, it's hard to say which projects will work and which won't for now. You are better off investing in something that looks promising than leaving your money in the bank which is sure to depreciate over time.

[wxa7115]

  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 and yes.

It is very likely that a new project will be replaced by a new one.

After all, the market's ranking is depending on the market cap of a project and when an old project gets lesser demand.

That is for sure will be its fate and that is to be replaced by a new one.

As for the projects likely going to end up like Luna, we do not know but yeah, possible.

And the replacement of the coins at the top has to do with the fact that even some of the top coins are there because of hype, so  investors believe in them not because the actual technology the developers have implemented already but their potential.

And about the chances of seeing another coin cash like like Luna I think it is possible, we must not forget that at some point in time bitconnect was incredibly popular, even if most senior members in the forum warned people about bitconnect being a scam, people did not listen and something similar to what happened to the Luna holders happened to them.