Why do we need to uphold the value of investment

As early as 2017, many people were predicting that by 2018, 99% of the digital currency will disappear and its value will return to zero. Once I also laughed at this, because now is the time when the digital currency has exploded on a large scale, the concept of decentralization is gradually becoming the consensus of the world, so how can the digital currency easily disappear? Until I understand the authenticity of various projects, I find that we should rethink this issue.

Because the bubble will burst one day, people will regain their sanity and gradually begin to really understand each item, only to find that there are too many unrealities hidden in the project.

1. The white paper boasts that there is no basis

The vision of many white papers written by the project is grand and it seems that decentralization can save the world. Including the existing difficulties in artificial intelligence, cloud computing, Internet of things, and big data, using centralized solutions to problems has become almost universal. In fact, this is a very wrong point of view. This will be the person who has just contacted the blockchain blindly believes that blockchain technology is omnipotent. You maybe want to know MSD。What is msd? MSD is a cryptocurrency that allows fast, safe, and private transactions. But now it seems to be just a scam, because the information disclosure of the project is seriously inadequate and the project process has not reached the description of the white paper.

2. Serious fraud in team information

Of course, many people invest in the principle of looking at the team. A good team can easily overcome the difficulties. However, the familiar people familiar to ordinary people are only Satoshi Nakamoto, Vitalik Buterin, and Daniel Larimer. However, there are so many blockchain projects. Not every team has talent who is familiar with blockchain technology. So many people look at the qualifications and experience of the team members introduced in the white paper to decide whether to invest. Nowadays, some well-recognized projects on the market have a certain degree of fraud, which means that some experienced investors are cheated.DynamicCoin，The unlimited number of dmc coin，the size of the block is not limited, claiming that the transaction speed is 40 times that of Bitcoin.

3. Investment agency information confirms difficulties

In a white paper on a project, there is always a capital investment institution. We always think that the facts written in the white paper are facts, but the facts may be very different from our imagination. Many investment institutions of the project are apocryphal. We have difficulties in confirming information and it is difficult to confirm whether these institutions are investing. Ethereum Lite，an Ethereum token, 69% of the money is concentrated in one address. It doesn't look very reliable.

4. The project of representative of famous investors is not credible

During the investigation, we found that many well-known investors will jointly support some projects. These projects are not all good projects. They support projects like celebrity endorsements — there is no guarantee that the endorsement is a good product. . For example, Aseancoin（acn）, known as the common currency of ASEAN, solves the trade problem of regional development, and even the official website cannot be opened today. Cubits，github updated two years ago, no white paper, no founder information, the official website looks very cheap. Too many to list.

So, the bubble is more serious than we thought. I also gradually realized that in 2018, 99% of projects would probably be ripped out of that layer of camouflage coats to reveal their true colors. It's good to note that the prices of many currencies are already close to 0, and no one is trading, for example, Qora and First Bitcoin (BIT)