Cryptocurrency Lovers worried about the current position of the market. Most of people who buy new coins so fears day by day. New coins and token 70% low rate and if the BTC value more decrease then Many of them will dead.Cryptocurrency Lovers loses is increases and most of people near to die.
Over the past two years, the cryptocurrency market has exploded and raised $3.8billion in 2017 and $11.9billion already in 2018.
New cryptocurrencies are created through a process which is known as Initial Coin Offering and thousands have been set up in the last 18 months.
New research suggests hundreds of the ICOs are now dead and worthless, according to a CNBC report.
Dead Coins is a website which tracks new companies and added that 832 ICOs were either hoaxes or scams or they simply did not attract enough investors.
Speaking to Yahoo Finance, he said: “If you buy something like bitcoin or some cryptocurrency, you don't have anything that is producing anything.
“You're just hoping the next guy pays more. And you only feel you'll find the next guy to pay more if he thinks he's going to find someone that's going to pay more.
“You aren't investing when you do that, you're speculating.”
