Three questions for old crypto fans

[rugrats]

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.

Not only Lisk but you can look at the topcoins of 2014 and 2017, most of them have been downgraded and replaced with current potential coins. I don't know if that's hype but I can see the old topcoins are too outdated compared to the new altcoins, they do not meet the needs of today's investors, so replacement is inevitable. There are still irreplaceable projects like ETH because it provides necessary solutions, always evolving with the times, so no one can replace it.

[nutildah]

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

"Normal" as in a lot of plebs do it, but I don't recommend it as the goal of every VC is to suck as much cash from the plebs as possible while contributing nothing to the ecosystem or community in return. Basically look at every project that Animoca Brands, Galaxy Digital, 3AC or Andreessen Horowitz has ever sponsored -- pretty much all cash grabs designed to capitalize off the goodwill and participation of actual cryptocurrency enthusiasts.

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

I'd say there is a significant likelihood of this being the case. ATM I see XRP, DOT, SHIB, TRX, AVAX and LINK as being the most likely contenders.

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

No, not at all. Some come and go but some have been long-standing institutions that will likely remain in the top 20 for years to come... including the stablecoins.

LUNA and TUSD were spectacular failures that will be hard to replicate. Justin Sun is certainly trying his hardest to replicate them with TRON, but more likely TRX will simply fade into the background rather than crash & burn.

[mindrust]

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?

1- depends

2- Possible. Iota used to big in top 10 and now it is pretty small. It happened before and it will certainly happen again. Altcoins come and go all the time.

3- So far it did. Somehow eth didn’t get replaced but the others lost their spot in top 10 with every new cycle.

[danherbias07]

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.

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.

Alright, some memories are coming back. 
I remember Lisk, I was using it only for gambling (Dice in Yobit) and I didn't even know it would shoot like that. I regret even selling it early and gambling it away.

Then QTUM, TravelMug was right, $100+ was the ATH of it and then after some time I never heard about it too. I sold this at $20 each, iirc.
This proves even if they have good platforms or features it will be difficult to preserve a good spot in the altcoin market. Continuous support is an important part of their market to avoid being forgotten.

[gunhell16]

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 the pandemic entered, I have not seen any new altcoins enter this industry that has replaced those in the top 20 ranking in the market. If there are any, it's just a few new altcoins that have been replaced.

Because what usually happens is that the majority of the top 20 in the cryptocurrency market has always remained, it is not true that every time new altcoins appear in the crypto space, these new tokens replace those in the top listed 20 in the market.

[Wexnident]

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.

[Hamza2424]

If tou really consider this then somw potential projects after the Dot, ADA, TRX are in my opinion these coin will show their legacy in the coming bull run but for new list i will preffer the things as Near, ICP and LINk you can CHZ LEO in this list but first preffered top three in my list not a Financial Advice. Its for information only by my point of view

[ethereumhunter]

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?

Maybe. Every project, whether new or old projects and top projects ranked 1 to 20, can fail like Luna did because it depends on how the team can manage the project to survive various situations. And in the end, we see that the Luna project is a bad example for every project so it keeps everyone on the team working at their best and ensures the project continues to work well. We have also seen that some new coins can replace the top 20 altcoins, but that doesn't mean the coins thrown out of the top 20 altcoins are bad because maybe the new coins can provide something that attracts investors investors choose the new coin to invest. Invest.

[zasad@]

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?

In 2016, enthusiasts were interested in the cryptocurrency market, and there were no projects on the Ethereum ecosystem. Ethereum killers started appearing a little later, and most of the projects are now in the top 20 in the cryptocurrency ranking. New ethereum killers have not appeared for a long time, except for the CHIA.

[aioc]

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 always comes to what these new coins can bring to the table and if these old coins can't keep up with the pressure of the competition they will likely get replaced, with so many coins in the market and investors are looking to make a profit in a long term, it's very important for investors and traders to follow coins that they've invested because what happens to Luna can happen to any coins in your portfolio, and also be sure to check for new coins that get a pump in the same fashion like Dogecoin, do not just become a passive investor always check the market trend.

[Hypnosis00]

do new altcoins always replace the present top 20 altcoins every crypto cycle?

It always happens but not in all coins. Some changes happen because the demand is changing as well but I see a lot of this on the top 21-100 coins.
We could be aware of this situation and a reason why it was risky holding altcoins for the long-term as it might happen that one day it losses its value unnoticed and brought us losses. But I believe they won't go far from their previous rank unless they turn scams as one of the most common reasons for losing their value in the market.

[tjtonmoy]

What I have learned from this is that you shouldn't invest in Altcoins unless you are a very good trader. Otherwise, you will never know what to come next in altcoin market. Because of the fact that altcoins are totally centralized, this makes it very risky. For me, I never trust any altcoins unless they are old and had made a good reputation in the crypto world already. There's no shortcut in life, so always try to take the long road. That's all I can say, and I think many will agree with that

[Jackl87]

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?

To your first question i would say that basically every big project that has come out in the last few years has had big VC's that were investing in it pretty early, maybe even a few years before the token became tradeable for everyone else. So i would guess that most of the projects that are in the top 100 in terms of coinmarketcap had VC's investments before the public sale or listing. Of course there are a few exceptions like Bitcoin.
I recently invested a few hundred bucks in magicsquare which is a project that was also backed by BinanceLabs, Huobi and Kucoin because for me this basically means that a listing on those exchanges is almost 100% certain.
The top 20 in terms of coinmarketcap is always fluctuation a little. Back when i joined the crypto market i remember that for example IOTA was in the top 10 back then and waves also in the top 20. Now they are much lower.

[Bananington]

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

Something you should always bear in mind when dealing with crypto is that anything is possible. Apart from bitcoins and Ethereums that may likely not move from the first 20 or 10 position on the list of top rank projects, all the coins occupying other positions are not permanent there and can become affected by any new developments that we may not be able to predict now. So make it a duty to always stay atune with the market.

[Lantind]

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?

Most likely the coin that will make its way to the top 20 is Cake. PancakeSwap has a huge impact on crypto today, especially those who trust the Dex platform more than Cex. Then what coin will go down in position? In my estimation Tron and Shiba.

[jossiel]

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.

True.

Many of those projects during the last bull run were hyped and that helped them to reach a better spot in the rankings. It's the reality but eventually, those projects that have been at the top through the hype will be out soon.

I have seen many of them in the past that they're up and high during bull runs but as year passes by, they're already out and that's what had made them forgotten.

[serjent05]

What I have learned from this is that you shouldn't invest in Altcoins unless you are a very good trader. Otherwise, you will never know what to come next in altcoin market. Because of the fact that altcoins are totally centralized, this makes it very risky. For me, I never trust any altcoins unless they are old and had made a good reputation in the crypto world already. There's no shortcut in life, so always try to take the long road. That's all I can say, and I think many will agree with that

I think one should invest in any project if they have enough knowledge about the project.  No matter how good a trader you are if you messed up with your research and investigation of the project, you will suffer a huge loss.  Traders become a good ones when they have all the knowledge they need on their trading items.

True.

Many of those projects during the last bull run were hyped and that helped them to reach a better spot in the rankings. It's the reality but eventually, those projects that have been at the top through the hype will be out soon.

You forgot to include the huge amount of coins in circulation making their crypto market cap rise and belong to the top 20 altcoins.

I have seen many of them in the past that they're up and high during bull runs but as year passes by, they're already out and that's what had made them forgotten.

That is because there are new altcoins and technology that make these previously ranked altcoins losses their market value.  People will always look for new trends and new technology that makes the old one obsolete.  And these factors are often seen on a new released coins and tokens that is why the cryptocurrency market rank is ever changing.

[FinneysTrueVision]

Recent studies suggest that VC-backed coins are some of the worst performing cryptocurrencies.
https://startupsandecon.substack.com/p/you-dont-own-web3-a-coinbase-curse

VCs don't really care about supporting a new coin for the long term, they are looking to cash out as soon as their coins get listed on a big exchange and there is a big pump. Most of these coins won't recover after they get dumped so as an investor you have to time the market and consider dumping your bags whenever a coin gets listed on Coinbase or Binance.

[jossiel]

True.

Many of those projects during the last bull run were hyped and that helped them to reach a better spot in the rankings. It's the reality but eventually, those projects that have been at the top through the hype will be out soon.

You forgot to include the huge amount of coins in circulation making their crypto market cap rise and belong to the top 20 altcoins.

That's included and investors that have been brought by the hype won't care much with that anymore. As they only see the current price and supply isn't a thing to them.

They're all for the quick profit.

I have seen many of them in the past that they're up and high during bull runs but as year passes by, they're already out and that's what had made them forgotten.

That is because there are new altcoins and technology that make these previously ranked altcoins losses their market value.  People will always look for new trends and new technology that makes the old one obsolete.  And these factors are often seen on a new released coins and tokens that is why the cryptocurrency market rank is ever changing.

The new trends are coming we can't avoid them but to stay firm what we like or just go along with them if we want. The choice is on ours and that's going to be a factor whether you'll benefit from it or not.

[Yogee]

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

You don't have to be in crypto for five or even ten years to find the answer to this. You can just check market data aggregators like Coingecko since they also show historical data. A good example it Litecoin which used to be a top 3 or 4 but it's currently sitting outside of the top 20.

I wish someone would create a video showing marketcap for the last 10 years. I've seen some people do it for top economies in the last decades.