The coins I bought that went to zero in those years
[Sigh R] The so-called star projects:
Terra (LUNA) - Algorithmic stablecoin collapsed.
BitConnect (BCC) - Ponzi scheme.
SafeMoon - Got to zero after excessive marketing.
Squid Game Token (SQUID) - Rug pull scam.
OneCoin - Proven to be a complete scam.
Verge (XVG) - Got to zero after being hacked many times.
Titanium Blockchain (BAR) - Founder arrested for fraud.
CarVertical (CV) - Project failed, coin price close to 0.
Dentacoin (DCN) - Insufficient industry demand.
Paycoin (XPY) - Ponzi scheme, founder arrested.
[Hold the wall R] Cases of technology or market failure
EOS - Once the "Ethereum killer", failed to deliver on its ecological promise.
The DAO Token (DAO) - Collapsed quickly after being hacked.
Bee Token (BEE) - P2P house rental project failed.
Status (SNT) - Failed encrypted communication application.
ICP (Internet Computer) - Severe initial hype, collapsed in the later market.
Tezos (XTZ) - Internal management and legal issues led to loss of market confidence.
[Black Potato Question Mark R] Projects that went to zero after community hype
Decentraland (MANA) - Prices plummeted after the metaverse craze subsided.
Electroneum (ETN) - Mobile mining concept failed.
Clover Finance (CLV) - Failed to attract enough developers and users.
WAVES - Technical and community governance issues.
TRON (TRX) - Community trust issues, ecological shrinkage.
Storj (STORJ) - Insufficient demand for decentralized storage.
Siacoin (SC) - Similar decentralized storage failure.
Lessons for me:
1. Team promises failed to deliver: Many projects over-promised but the technology or market could not keep up.
2. Market hype: When the craze subsides, the value of the project plummets.
3. Technical or security issues: hacker attacks, code vulnerabilities, etc. make investors lose confidence.
4. Regulatory pressure: Some projects have been proven to be scams or closed due to compliance issues.
Marvin in the primary market is good, you can pay attention to it
