10 Reasons why your coin might never Moon.

There is a better project. People don't know your project even exists. People know that it exists, but there is no incentive to hold it: for example, you can stake BTC on many CEXs and even mine it on your own. But you can't do the same for other projects, for example Nano. Can't mine it. Can't stake it. If you gave anyone the choice between holding Nano or ADA for example, I'm certain most would choose ADA. New money is going into shitcoins. And then when they are done with a shitcoin, they go to another shitcoin. It is dead development-wise. Binance regularly delists projects for this very reason. There are almost 15000 projects and hundreds of new ones being created everyday. In 30 days I saw CMC list nearly 1500 coins. That's almost. 50 new projects a day. There is no marketing for your project. There is no adoption at all. It is actually a shit project. It already mooned. All because it hit a crazy ATH before and you bought at that ATH, it doesn't mean it was organic, or it will ever hit that price again. Just look at all of the coins that hit crazy ATH in 2017. Majority haven't even been 50% of their ATH, while BTC and ETH have done 7 to 10x. Just look at XRP. It hit almost $4 and it is barely holding on to $1. And it has been more than 4, maybe 5, years since it hit it's ATH. Same goes for ADA. All because it hit 3, doesn't mean it will ever do that again. If you truly believe in a project, keep doing your thing. Please don't listen to me and please don't sell your coins, especially ESPECIALLY!! if you have held them for like 5 years. Instead if you want to take away anything from this post, I hope you do new research and buy into new projects that have all the signals of a good project that could moon. submitted by /u/SquatDeadliftBench [link] [comments]