Topic: Crypto success takes time - page 13. (Read 3557 times)
All these projects have a roadmap and some number of development team and then lots of people money millions so basically the only thing needed is follow the roadmap and deliver sequentially Anything twisted will hurt the project and people will panic I will suggest they try to keep people off fron panicking
It is true some project takes time to success I have some alt-coin that has been sitting on my wallet for a long time that didn't have value for so long but suddenly pump up.
So I agree that it would really take some time for other crypto to succeed so we shouldn't rush things out and trust them but I also want to add up that not every crypto would be like it because some developer or supporters would leave the project.
So not every crypto could survive for a long run and make some epic comeback.
So I agree that it would really take some time for other crypto to succeed so we shouldn't rush things out and trust them but I also want to add up that not every crypto would be like it because some developer or supporters would leave the project.
So not every crypto could survive for a long run and make some epic comeback.
The issue is that the majority of the recent projects didn't start the way those ones started. These recent projects have been filled with greed where project owners exit scam, doesn't care about development. What's now the gain of an investor that is hoping to give a project some time and the owners abandon it or exit scam. Good ones will be good whether time is giving or not.
If you want to hold new altcoins for long time I suggest using crypto tracking app to watch your altcoins e g blockfolio app and also take profits whenever there is pump happening with one of your coins, not taking profit means greediness have gotten hold of you, it will only bring you regrets later.
Just to be clear, everything takes time! Nothing happens overnight, you need to know that before you start any investment, any work. You need to give much more time to something to develop, you need to survive hard times… Crypto success didn't come just like that, we spend days and nights here to achieve what we have now. Patience can be rewarding, for those who are capable to wait their investments to get established. Crypto is new for many people, nothing is clear. We know who is on the top and who is down, but that can change in years to come. Be aware, and diversify when ever you can!
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I found the PZMCash project and studied all the information about it! It's nice to see a project on the market that can guarantee the liquidity of its coin and provide security for the investors.
This look like a public relation statement because theres nothing much spicy about the project and it the same old concepts which more than 3 projects have already implemented.To be honest with, the project may have the liquidity said but 80% of the new project these days hire liquidity company and thats why people in crypto community said project of these days are hype base.
This is very right, the only problem I see with most of us is that we want instant gain, when a coin we are holding starts dipping,could be a retrace, we would rush and sell at a loss and after some days or weeks they same coin will grow above the previous high,we just need to give time to our researched coins to grow.
If there is no market emotions, there won't be price movements actually. So its only normal for traders to be emotional, especially newbie traders. When I started trading, I was in the category of selling very fast when a coin I'm holding dumps, with time I understood technical analysis and the story has been different. So the solution to avoid being emotional is firstly experience, and then mastery of TA. I like your point, never sell fast during retracement.
I found the PZMCash project and studied all the information about it! It's nice to see a project on the market that can guarantee the liquidity of its coin and provide security for the investors.
People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.
Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
Totally agree with you. The development of a project takes time to gather supporters and widespread adoption. With the very competitive crypto market and industry, it would be very hard for a project to grow right away. Indeed great rewards come to those who can wait for their invested project to develop.
People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.
Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
I have personally experienced this and you can take example from a DeFi based project called synthetix network, after ico they re-branded and took lot of time for development, I have seen their token price struggling below 5 cents for months and now when they have launched all products their token value is also on the go and it is touching $3 right now which is great return considering the lows it had and all this happened in 2-3 years time not instantly.Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.
Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
I have personally experienced this and you can take example from a DeFi based project called synthetix network, after ico they re-branded and took lot of time for development, I have seen their token price struggling below 5 cents for months and now when they have launched all products their token value is also on the go and it is touching $3 right now which is great return considering the lows it had and all this happened in 2-3 years time not instantly. Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
This is very right, the only problem I see with most of us is that we want instant gain, when a coin we are holding starts dipping,could be a retrace, we would rush and sell at a loss and after some days or weeks they same coin will grow above the previous high,we just need to give time to our researched coins to grow.
that's the problem faced by investors or traders who are new to crypto. for those who already have experience in trading in the crypto market naturally they will not panic easily. all ups and downs have a positive side that we can use. we must look for benefits even in the downturn in the market.
This is very right, the only problem I see with most of us is that we want instant gain, when a coin we are holding starts dipping,could be a retrace, we would rush and sell at a loss and after some days or weeks they same coin will grow above the previous high,we just need to give time to our researched coins to grow.
You are very right, Rome was not build in a day, for any project to make it to the top, alot of time and patience is required, project don't just grow within few days, it needs time, BTC don't start at $9k but the hard work of satoshi push BTC up and those that believes in the development of Btc are enjoying it now.
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That is why there is a "timeline" into what are the developments of the project in the future and if they fail to follow this time, it may affect their reputation and it can also affect the trust of the investors into the project causing the price of it to drop.I believe that being a successful project takes time. Even the top coins in CMC right now are still in the development phase to make their coin/token better than it was before. On the other hand, this is why I don't want to invest into new projects too. Many investors are just thinking of profit rather than the technology behind the project itself. Sometimes it is the reverse. Developers are just dumping the coin making it worthless. Either way, the success of the project depends on the developers and also the investors too but I agree that being a successful project will takes time.
What you said is absolutely correct. It's hard for a project to succeed in the short term. Not too many bounty hunters can stick with a project because they don't have enough money to maintain it. Besides, a successful project takes many years and at first they often face many difficulties.
People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.
Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
Yes I think that you are right and I think that success here in cryptocurrencies is not that easy to achieve and I think that you need so much patience with that and I think that it will be great to have patience always here in cryptocurrencies and I hope that you can achieve your success here by approaching and getting opputunites which I think is great because you can earn so much money with the patience and I hope that people would learn to have patience always becsuse you need to understand what you can do in order to be successful here in cryptocurrencies Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
I will say most times we need time to get the benefits of some of these project especially when a project is in the developing state. Though there are few projects that made a mark at the early stage but I prefer slow and steady. When a project is solid, with time the community will benefit from it.
A good project can even make the progress became even faster consider they have everything that required to do the development in a short time. You should take a look at how Binance was growing very fast caused by it has very strong team members and good leaders combined with good skill owned by everyone. because if you do not see the fundamentals it may be that in the future the project has no future
People don't want to give projects some time to grow, they forget that coins like dash, litecoin, Xmr, Bitcoin etc have a rough start, I'm just saying crypto investment takes years, just because a project drop in value doesn't mean they won't grow better in future.
Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
Projects don't just turn huge in a year, there will be lots of volatility and price loss, for long term hold be prepared, if you can't then go for top coins
I'm ok with the time and besides all projects have a roadmap that they are following and the time frame is quite longer in developing the project, but the least the developers can do is to update the community from time to time, so supporters will not be thinking that developer is already gone and have no intention of fulfilling the project.
I will say most times we need time to get the benefits of some of these project especially when a project is in the developing state. Though there are few projects that made a mark at the early stage but I prefer slow and steady. When a project is solid, with time the community will benefit from it.
A good project can even make the progress became even faster consider they have everything that required to do the development in a short time. You should take a look at how Binance was growing very fast caused by it has very strong team members and good leaders combined with good skill owned by everyone. Jump to: