There are actually a lot of mushroom projects coming up every day. Although, it’s positive, it leaves investors confused on what project wouldn’t be profitable long term.
You are viewing a single comment's thread from:
There are actually a lot of mushroom projects coming up every day. Although, it’s positive, it leaves investors confused on what project wouldn’t be profitable long term.
The truth is that Investors need to follow their heart in making investment decision. I have come to realize that in this industry, not all that glitters is gold.
I strongly agree with you on this, several promising projects have gone down the drain, while those that we felt are never do well are making it to the Top. I would say that the possibility of a project success is based on both luck and commitment of the team.
Why confusion? I mean if you do proper study then there will be no confusion :)
Yup, totally agree. Most people invest by words from friends, investment group, etc. These days folks don't take out time to conduct their due diligence on a project before investing.
but i think it better to get serious information before one can make investment decisions
Agreed, the concept of STP is quite glaring.
i totally agree with you a lot project with clear and unclear objective i would advise the team to be as transparent as possible so that investors can make up their mind easily
You’re right! The project needs to be in clear view and Transparent which will extends into telling the process and information require so the project becomes more promising to the investors.
I believe the low entry barrier and as well as the opportunity to get funded by early birds is a major reason why we see lots of projects released daily.
Yeah, there's always a ready party waiting to invest in projects with brilliant ideas in the crypto space.
In my opinion, there are several persons who don't take the pain of carrying out any research before making an investment in the project. They are very gullible and believe everything that is written by the project.
This isn't a mushroom project though. STP has proven to be one of the future blockchain projects.
True that, but I have been following STP for quite sometime now and I must say that they got a very nice concept.