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Topic: Crypto success takes time - page 15. (Read 3571 times)

legendary
Activity: 1694
Merit: 1003
June 04, 2020, 03:23:03 AM
Yeah I know it takes time to become successful but some projects were no longer active after waiting for long with their product, they just keeps promising that their product will release soon but after a year they're gone. It's better to invest in the top coins. If you really want to invest in the project then you must do your own research.
Yes! Besides doing good research, you have to keep following their process to check whether or not they are working on their plan! Once you realize they stop working for any unusual reason, you have to leave that project immediately to avoid wasting time and effort!
Not just your time and effort but the resources that you can divert to a more productive project, that is why i don`t stay long on a couple of altcoin they tend to go under if BTC drops if you are going to invest go for the top ten listed altcoin remember to spread your resources.
full member
Activity: 515
Merit: 101
June 04, 2020, 03:16:51 AM
Yeah I know it takes time to become successful but some projects were no longer active after waiting for long with their product, they just keeps promising that their product will release soon but after a year they're gone. It's better to invest in the top coins. If you really want to invest in the project then you must do your own research.
Yes! Besides doing good research, you have to keep following their process to check whether or not they are working on their plan! Once you realize they stop working for any unusual reason, you have to leave that project immediately to avoid wasting time and effort!
hero member
Activity: 1778
Merit: 746
June 04, 2020, 03:07:31 AM
I totally agree with you that cryptocurrency investing takes years to make a profit, but it totally depends on the currency you buy. If it's a scam or a bad project, you should sell it as soon as possible. Many investors are overly optimistic, buying tokens from ICOs and holding them until they disappear from exchanges, and project websites are closed.
because of that, time can answer, however, if it's a quality project, then it's worth the wait. whereas if there is a lot of potential scams in it, you should immediately stay away from projects like that, because the future can be seen from the laziness of the team running the project. however, it all takes time to look at.
full member
Activity: 467
Merit: 100
DIA | Data infrastructure for DeFi
June 04, 2020, 02:26:16 AM
I agree that crypto success takes time but the question is how long? And within that time, what have the team been doing to show they are working? There are projects who are still not in the market neither are they showing or giving their community the impression that they are working, but keeps saying they are working, such projects like this don't need time because it's obvious they aren't doing anything. On the other hand, I will stand with a project which is working and it is evident for everyone, projects like this, are those that needs time and when they are done, the wait will worth it. Therefore let's be careful of those projects which claims to need time but aren't doing anything.
Right! An advice for newbies, you should follow along the team process either through tracking their roadmap or following them on social media platform. As an investor, you have the right to know about what the team are doing to develop their token. If a project doesn't have a clear plan and the team don't follow their roadmap as time passed, it's likely an abandoned project and it will end up with the negative results. So, be wise, traders!
member
Activity: 434
Merit: 19
June 04, 2020, 02:17:58 AM
The success of every project is not on time only but the foundation laid by the project team, the only way a project can reach the top is the hardwork of the team, time can't give projects use cases and new features, only the teams can.
member
Activity: 334
Merit: 10
June 04, 2020, 02:13:45 AM
Agree that projects need time to develop, but they need to follow their roadmap. If a project does not work like a roadmap, it is definitely a bullshit project that you need to avoid.
At a difficult time like this, I think most projects will delay their schedule. Even those are top projects like ETH, XRP ... so don't be too hard on them, if the project is still active, give them time to develop.
copper member
Activity: 966
Merit: 14
June 04, 2020, 02:07:01 AM
I agree that crypto success takes time but the question is how long? And within that time, what have the team been doing to show they are working? There are projects who are still not in the market neither are they showing or giving their community the impression that they are working, but keeps saying they are working, such projects like this don't need time because it's obvious they aren't doing anything. On the other hand, I will stand with a project which is working and it is evident for everyone, projects like this, are those that needs time and when they are done, the wait will worth it. Therefore let's be careful of those projects which claims to need time but aren't doing anything.
full member
Activity: 376
Merit: 101
May 15, 2020, 03:46:15 AM
I totally agree with you that cryptocurrency investing takes years to make a profit, but it totally depends on the currency you buy. If it's a scam or a bad project, you should sell it as soon as possible. Many investors are overly optimistic, buying tokens from ICOs and holding them until they disappear from exchanges, and project websites are closed.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
May 15, 2020, 03:37:54 AM
The reason why investors do not want to wait for too long is the simple fact that there are other projects going on as well and they want to take part in them as well. Also its a cycle that can't be broken unless some people are willing to lose a lot of money all together at the same time for some reason.

People sell a lot at the first moment they can, others who see it joins in on the selling, so people know there will be others who will sell, so they start selling right away when they can and basically it is a circle that can't be broken, people sell because they think others will sell but others sell because people sell, and goes on. Unless we fix these two things, the whole system of "invest and sell as soon as you can" will continue forever.
hero member
Activity: 3010
Merit: 629
May 13, 2020, 06:28:59 AM
With the big competition in the market, no community will grow if the team alone will not work on the project.
Investors are not really loyal to what they are investing now, they will always look for a better coin that would give a better profit in the long run.

If the team can't stand the test, then there is no chance that they'll survive.
Indeedn in order for the project to succeed its a must to have a strong and transparent team doing their best to follow whats in the roadmap to be able to have a progress on their project. If you sense its not doing good and failing your expectation then think if its worth for your time and money. Top coins are often suggested as a good investment because it is already established and unlikely to be a shitcoins even for long period.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
May 13, 2020, 06:16:17 AM
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

All the projects you mentioned have big communities. Investors can wait forever, but if there is no strong community behind that project, than it won't go anywhere.

So, the holders need to make sure the project's community is also growing. 

With the big competition in the market, no community will grow if the team alone will not work on the project.
Investors are not really loyal to what they are investing now, they will always look for a better coin that would give a better profit in the long run.

If the team can't stand the test, then there is no chance that they'll survive.
sr. member
Activity: 882
Merit: 251
May 13, 2020, 06:14:20 AM
Agree that projects need time to develop, but they need to follow their roadmap. If a project does not work like a roadmap, it is definitely a bullshit project that you need to avoid.
the development of a project is the key to the success of the coin owned and will have a good impact on price movements while the development of cryptocurrency depends on its use, when cryptocurrency is used to do bad things it will destroy the name cryptocurrency and it will be increasingly difficult to develop digital currencies based on technology from cryptocurrency.
full member
Activity: 826
Merit: 104
May 13, 2020, 06:12:29 AM
Agree that projects need time to develop, but they need to follow their roadmap. If a project does not work like a roadmap, it is definitely a bullshit project that you need to avoid.
hero member
Activity: 1655
Merit: 600
May 13, 2020, 05:56:43 AM
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

All the projects you mentioned have big communities. Investors can wait forever, but if there is no strong community behind that project, than it won't go anywhere.

So, the holders need to make sure the project's community is also growing. 
hero member
Activity: 2128
Merit: 520
May 13, 2020, 05:52:24 AM
Very true! Cryptocurrency projects take time to develop and that is why every project has a roadmap. In order for a project and its coin to be successful or spike on the market, the project must take some time to gradually achieve all the targets on the roadmap. This is why investors cannot do without patience.
If the developing teams are continuously working the chance of their project have a higher opportunities being look by investors, it's very important that the team are serious working with every plans that they've got from the roadmap. it takes time indeed but its also important to every investors seeing that the projects are progressive and the team are continuously providing updates.
jr. member
Activity: 198
Merit: 2
May 13, 2020, 05:41:36 AM
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

Its not about giving projects the time to grow, its about the projects showing enough potentials and desires to grow, why do i say that ? Several projects that have been awarded enough time in the altcoins sphere, ended up exit scamming. Its not all about volatility but offering value.
member
Activity: 1358
Merit: 10
www.cd3d.app
May 13, 2020, 05:32:51 AM
It is not entirely true that the success of cryptocurrency depends on investors over time. The concept of the project should be good, that is, it should be realistic. Each crypto project has a roadmap for him, the team has to implement it. If that team can work according to the roadmap, then that project will definitely be successful. Time is of the essence; Investors will also have to wait patiently for a long time.
member
Activity: 938
Merit: 14
Earn more with Earn Network
May 13, 2020, 03:24:13 AM
Very true! Cryptocurrency projects take time to develop and that is why every project has a roadmap. In order for a project and its coin to be successful or spike on the market, the project must take some time to gradually achieve all the targets on the roadmap. This is why investors cannot do without patience.
full member
Activity: 1050
Merit: 100
May 13, 2020, 03:11:42 AM
it all takes a lot of time but why do they plan everything on the roadmap if they ultimately can't work on time?
project you mentioned is an old coin that is still minimal in development so it is very natural to experience development for years unlike the current project which is full of false promises
full member
Activity: 560
Merit: 104
terra-credit.com
May 13, 2020, 02:52:29 AM
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
Until when do we tolerate time? while the dev team has a roadmap that they must be accountable to investors and supporters. We know everything needs time, like the top coins and tokens in the coin market, but we also need to be realistic. Don't ignore development targets just because "all takes time". Make sure we always update information from the project, the team responsible will definitely provide information with updates, transparent without any manipulation.
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