Crypto investors need to stop thinking that "good" projects don't fail.

On here you hear: Great team, good white paper (even though I didn't read it and I don't understand it), good road map, decent Github repo etc.

But these crypto investors do not know that most businesses fail. Even those backed by great teams. You never see the big venture capitalists "going all in" on one project only. They back several ones. But here noobs with no clue decide to go all in on only one project.

The success of a project depends on many factors. Some factors are unknown.

submitted by /u/ilacksleep
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